Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

conplete the general journal Ac Unadjusted Financial Statements Balance Sheet Jo December 31, 2017 Rd 1 Assets 2 Cash $5,000.00 3 Accounts receivable 31,400.00 *

conplete the general journal image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Ac Unadjusted Financial Statements Balance Sheet Jo December 31, 2017 Rd 1 Assets 2 Cash $5,000.00 3 Accounts receivable 31,400.00 * Supplies 3,575.00 5 Prepaid insurance 100.00 6 Office equipment 11,000.00 2 $55,175.00 7 Total assets 8 Liabilities 9 Uneamed revenue $8,600.00 10 Stockholders' Equity 11 Common stock $12,000.00 12 Retained earnings 34,575.00 46,575.00 13 Total liabilities and stockholders' equity $55,175.00 djusted Financial Statements Balance Sheet December 31, 2017 Assets 2 Cash $5,000.00 3 Accounts receivable 32,000.00 110.00 1,500.00 * Supplies 5 Prepaid insurance 6 Office equipment Accumulated depreciation office equipment $11,000.00 2 (1,700.00) 9,300.00 8 Total assets $47,910.00 9 Liabilities 10 Wages payable $1,850.00 11 Unearned revenue 3,350.00 12 Total liabilities $5,200.00 13 Stockholders' Equity 14 Common stock $12,000.00 15 Retained earings 30,710.00 42,710.00 16 Total Liabilities and stockholders' equity $47,910.00 rk 6 more Check My Work uses remaining ancial Statements Adjusted usted Financial Statements Chart of Accounts CHART OF ACCOUNTS Cole Designs Inc. General Ledger ASSETS REVENUE 11 Cash 41 Service Revenue 12 Accounts Receivable 42 Rent Revenue 14 Supplies 15 Prepaid Insurance EXPENSES 17 Land 51 Wages Expense 18 Office Equipment 19 Accumulated Depreciation Office Equipment 52 Supplies Expense 53 Rent Expense 54 Utilities Expense LIABILITIES 55 Insurance Expense 21 Accounts Payable 56 Depreciation Expense 59 Miscellaneous Expense 22 Wages Payable 23 Unearned Rent 24 Unearned Revenue ork 6 more Check My Work uses remaining Accounting Bases Adjusting Entries Shaded cells have feedback Question not attempted. PAGE 25 GENERAL JOURNAL Score: 0/151 ACCOUNTING EQUATION DATE POST. REF DERIT CREDIT ASSETS LIABILITIES EQUITY ACCOUNT TITLE Adjusting Entries 5 9 10 11 12 13 heck My Work 6 more Check My Work uses remaining nent Score: 61.71% All work saved. Emal

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Employee Management

Authors: Kelli W. Vito, SPHR, CCP

1st Edition

0894137190, 9780894137198

More Books

Students also viewed these Accounting questions

Question

What is the role of the Joint Commission in health care?

Answered: 1 week ago