Compute and record the adjustment for supplies used during the month. An inventory showed supplies on hand of $750. Record the adjustment for depreciation of Office Equipment of $200 for the month. Record the adjustment for depreciation of Electric Sign of $100 for the month. Please make a chart for the answer, not hand written.
Thanks.
The following lists all transactions A-Z COMPUTER SERVICES made during June 2020: June 1 You deposited $98,500 cash in a bank
The following lists all transactions A-Z COMPUTER SERVICES made during June 2020: June 1 3 5 6 7 10 12 13 You deposited $98,500 cash in a bank account in the name of the business. Bought office equipment from XYZ Office Mart for cash, $1,450, Ck. #1000, Invoice #2375. Bought computer software from Flash Computer Center, $1,000, putting $600 down and putting the balance on account, Ck. #1001, Invoice #245. Paid current month's rent, $1,500, Ck. #1002. Performed services for cash, $6,500. Bought an electric sign from Bright Light Signs, $1,650, putting $850 down, and placing the balance on account, Ck. #1003, Inv. #7162. Received a bill from The Times Review for advertising, $950, Inv. TR198. Bought supplies on account from XYZ Office Mart, $1,400, Inv. #2425. Received and paid the electric bill, $550, Ck #1004. Paid on account to The Times Review, $950, Ck. #1005, Inv. #TR198. Performed services on account, $1,800, full amount due in 60 days Paid sales clerk's wages, $1,350, Ck. #1006. You invested your personal computer (Office Equipment) in the business with a fair market value of $1,900. You withdrew cash for personal use, $1800, Ck #1007. Received and paid the bill for the city business license, $450, Ck. #1008, (Miscellaneous Expense). 15 20 21 25 27 29 30 8 c E F G H 1 K M N R R 29 GYD ACCOUNT NUMBER ACCOUNT NAME: ACCOUNTS RECEIVALBE Balance ACOXUNT NAME INCOME REVENUE FROM SERVICES 2020 Explanation Month Day Post Ref. Dit Dredit ACCOUNT NUMBER: 103 Balance Debit Credit Det Credit 2020 Debit Credit Explanation 32 13 34 35 Pastel Month Day 2 MCCOUNT NUMER 511 ACCT NAME ADVERTISING EXPENSE 20 10 ACCOUNT NAME: SLIDDUITS 2020 ACCOUNT NUMBER: 113 Halach Debit Crede Debit Crede 2020 Explanation 41 Poster Explanation Credit Posted. Det Dot Month Day Month Day 63 44 45 AB AT AR 40 MXT NAME: RENT EXPENSE ACCOUNT NUMBERS Blanc Post Hotele Credit D Credit 2019 Explanation ACCOUNT NUMBER: 115 ACCU NAMICOM SOFTWARE Balance Moetli Day Explanation Debut Post 31 Credit Debt Credit M D 03 TH ACCOUNT NUMI ACCOUNT NAMELIPRIS EXPENSE 2000 Explanation Post Debt Cred det Month Day De ANAMN VICTIMINE MOCOUNT NUMBER 117 2010 Explanation post het Debe Dede Dar GRADE General Journal General Ledger Worksheet G Adjust. Entries 00 13 Credi Financial Statements GI Closing Entries Post Close Trial Balance 732 11/22 AA A B D E F G H 6 7 PAGE J1 - GENERAL JOURNAL Date of Transaction 8 ful? 9 Account Title (Include Brief Transaction Explanation / Description) Post- Reference DEBIT (Dr.) ) # (PR#) CREDIT (Cr.) Please see pages 88 and 98 of our textbook for formatting standards. Thanks. 2020 10 Month Day 11 June 12 June 13 June 14 June 15 June 16 June 17 June 18 June 19 June 20 June 21 June 1 D F GA 2 3 4 A-Z COMPUTER SERVICES POST-CLOSING TRIAL BALANCE June 30 2020 Debit 5 Account Name Credit 6 7 8 9 10 11 12 13 14 15 16 17 TOTALS 18 19 20 21 Please see page 171-172 of our textbook for formatting standards. Thanks. G 2 3 ACCT 101 - COURSE PROJECT A-Z COMPUTER REPAIRS 4 5 PAGE 14 - GENERAL JOURNAL - CLOSING JOURNAL ENTRIES 6 Date of Transaction 2020 Plea: Account Title (Include Brief Transaction Explanation / Description) Post- Reference DEBIT (Dr.) # (PR) CREDIT (Cr.) 7 8 text Month Day s! 9 June 10 June 11 June 12 June 13 June 14 June 15 June 16 June + Post-Close Trial Balance + 100% GJ Closing Entries Financial Statements 7:53 PM Chile 017 H 1 K 1 M 2 ACCT NAME YOUR NAME, CAPITAL ACCOUNT NUMBER ACCT 101 COURSE PROJECT A-Z COMPUTER REPAIRS GENERAL LEDGER (GL) ( 2020 1 Explanation Post fel. Detit Crede 5 Debe Month Day For correct formatting standards, please read the following, Please see pages 97-101 of our textbook for General Journal posting instructions. Please see pages 143-144 for Adjusting lournal posting instructions. Please see pages 168-170 for Closing Journal posting instructions. ACCOUNT NAME: CASH ACCOUNT NUMBER 101 Blace ACCT NAME: Your Name Win 2020 2 B 0 10 11 12 13 14 15 18 17 10 10 20 21 Explanation Post Rel De Credit RECOUNT NIMMER 12 Balice Date Dobit Debit Credit 2020 Posted Month Explanation Day Month Day ACCOUNT NAME INCOME SUMMARY ACCOUNT NIMENIM Balance Root Refl Dent Credit Debat 2020 Month Day Explanation 23 21 ACCOUNT NUMAR11 29 110 Paster. Det 31 ACCOUNT NAMEINCOME (HEVENUE FROM SERVICES ACCOUNT NAME ACCOUNTS RECEIVABLE ACCOUNT NUMBER 103 2000 Balance Explanation GRADE General Journal General Ledger Worksheet GI Adjust. Entries Financial Statements Gl Closing Entries Post-Close Trial Balance 32 BE B 18 D 19 Please see page 141 of our textbook for formatting standards. Thanks. F STATEMENT OF OWNER'S EQUITY for the month ended June 30, 2020 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 June 1 Capital here (include full account name) Additional Investment by Owner here drawing here net income or loss here Increase or Decrease to Capital Here June 30 Capital here (include full account name) A-Z COMPUTER SERVICES BALANCE SHEET June 30, 2020 ASSETS 35 36 37 38 39 40 41
