complete the worksheet and prepare the closing entries for chelsey ebner, CPA
Chelsey Ebner, CPA, had the following partial worksheet Click the icon to view the partial worksheet) Read the requirements pa Requirement 1. Complete the worksheet Complete the worksheet by preparing the Income Statement and Balance Shoot columna Be sure to calculate the total debits and credits in each step, Zo Chelsey Ebner, CPA Worksheet PE December 31, 2018 Adjusted Income Balance Trial Balance Statement Sheet Account Names Debit Credit Debit Credit Debit Credit Cash IS 15.100 (Click the icon to view the partial worksheet) Read the requirements CES Adjusted Income Balance Trial Balance Statement Sheet Account Names Debit Credit Debit Credit Debit Credit S 46, 100 12,300 800 Cash Accounts Receivable Office Supplies Prepaid Rent Land Building Accumulated Depreciation-Building 800 15.000 160,000 $ 1050 50 160,000 $ 1,050 Co 25,000 1,300 5,200 Building Accumulated Depreciation-Building Furniture Accumulated Depreciation--Furniture Accounts Payable Utilities Payable Salaries Payable Interest Payable Uneamed Revenue Notes Payable PI 550 x- 4,300 950 8,550 16:000 OE Chelsey Ebner, CPA had the following partial worksheet (Click the icon to view the partial worksheet.) Read the requirements po Unearned Revenue 8.550 Notes Payable Common Stock 20 16,000 116.000 116.350 26,000 PI 92,950 Retained Earnings Dividends Service Revenue Rent Expense Salaries Expense Supplies Expense Utilities Expense 29 200 27.300 400 17.000 Ponto POWIE Chelsey Ebner, CPA, had the following partial worksheet Click the icon to view the partial worksheet) Read the requirements GITTE Supplies Expense Udlities Expense Depreciation Expanse Building Depreciation Expense-Furnituto Interest Expertise Total 400 17.000 1050 1.300 950 363.2005 363.200 Not income or loss Requirement 2. Prepare the closing entries for Chelsey Ebner, CPA (Record debesist the credite Select the explanation on the last line of the journal entry table Chelsey Ebner, CPA had the following partial worksheet Click the icon to view the partial worksheet.) Read the regulamento Gm Requirement 2. Prepare the closing entries for Chelay Eboer. CHA (Record debts tient, then credits. Select the explanation on the tant line of the journal entry too.) Start by closing revenues o Date Accounts and Explanation Debit Credit Dec 31 Clos(1) Close expenses for the period OC ho Chelsey Ebner, CPA, had the following partial worksheet: (Click the icon to view the partial worksheet) Read the requirements po Close expenses for the period Date Accounts and Explanation Debit Credit zo Dec 31 Clos (2) PI -0 Chelsey Ebner, CPA, had the following partial worksheet Click the icon to view the partial worksheet) Read the requirements Close Income Summary Date Accounts and Explanation Debit Credit Dec 31 Clos (3) Close Dividends Read the requirements Close Dividends. Date Accounts and Explanation Debit Credit PO Dec 31 Clos (4) - X Data table 3 4 Unadjusted Trial Balance Debit Credit D E FL G M Chelsey Ebner, CPA Worksheet December 31, 2018 Adjustments Adjusted Trial Balance Income Statement Balance Sheet Debit Credit Debit Credit Debit Credit Debit Credit $ 46.100 (h) S 3.500 12 300 b) 400 300 a) 3.200 800 5 Account Names $ 6 Cash 7 Accounts Receivable 8 Office Supplies 9 Prepaid Rent 46.100 8.800 1 200 4 000 Print Done 69'F F Data table mer ca 15,000 160.000 15,000 160,000 (0 (0) 1,050 5 1050 25.000 25,000 10 Land 11 Building Accumulated Depreciation- 12 Building 13 Furniture Accumulated Depreciation 14 Fumiture 15 Accounts Payable 16 Utilities Payable 17 Salaries Payable 18 Interest Payable 19 Uneamed Revenue (d) 1 300 $ 5200 550 Sends 1300 e a 1.300 5.200 550 4300 950 8.550 no 950 9.000 $50 Destiny Coleman 03/10/2 ata table 20 Notes Payable 21 Common Stock 22 Retained Earnings 23 Dividends 16,000 116,000 116,350 15,000 116 000 116 350 26.000 26.000 ( h) 89,000 3,950 92.950 (a 29,200 26.000 23.000 3.200 4,300 400 27300 400 24 Service Revenue 25 Rent Expense 26 Salaries Expense 27 Supplies Expense 28 Utilities Expense Depreciation Expense- 29 Building Depreciation Expense- (b) 17.000 17.000 (c) 1050 1050 Print Done - a table 89,000 h) 3.950 92 950 (a) 3.200 25,000 23,000 4,300 400 29.200 27300 400 (b) Service Revenue 5 Rent Expense 6 Salaries Expense 7 Supplies Expense P& Utilities Expense Depreciation Expense- 29 Building Depreciation Expense 30 Furniture 17.000 17,000 (c ) 1,050 1,050 (d) 1 300 950 1.300 950 31 Interest Expense (9) 352,100 $352,100 $ 15,150 $ 15,150 S 363,200 $363.200 32 Total Print Done - Requirements 1. Complete the worksheet 2. Prepare the closing entries for Chelsey Ebner, CPA ment and Balan elsey Ebner, Worksheet ecember 31, 20 Print Done justed Balance Statement Sheet Credit Debit Credit Debit Credit - X Data table 3 4 B D EFG H M Chelsey Ebner, CPA Worksheet December 31, 2018 Unadjusted Trial Balance Adjustments Adjusted Trial Balance Income Statement Balance Sheet Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit 5 46.100 546,100 8.800 ( hs 3.500 12.300 1.200 bis 400 300 4000 a 3.200 5 Account Names G Cash 7 Accounts Receivable Office Supplies 9 Prepaid Rent Print Done 69"F
