D Question 1 What is the total balance in the Trial Balance on the Debit side from your Worksheet $339000 $409,000 $388,500 $393,000 Question 2 8 pts $97,000 O $104,000 O $11,000 O $106,000 8 pts What is the total balance in the Adjustment column on the Debit side from your Worksheet Question 3 What is the total balance in the Adjusted Trial Balance column on the Debit side in your Worksheet $386,000 None of the above O $391,000 O $392,000 Question 4 $88,500 8 pts What is the Net Income in the Income Statement at the year end None of the above $79,500 O $81,500 8 pts Question 5 What is the Total Expense in the Income Statement at the year end O 17,500 O 15,500 O $95,000 O 16,300 Question 6 What is the Total End Retained Earnings in the Financial Statements at the year end $0 8 pts $63,500 $16,000 O $79,500 8 pts D Question 7 What is the Total Current Asset in the Balance Sheet at the year end 335,500 361,500 O 326,500 None of the above Question 8 O 16,000 O 26,000 8 pts What is the Total Current Liability in the Balance Sheet at the year end O 2,000 O 18,000 8 pts Question 9 What is the Total Liability plus Equity in the Balance Sheet at the year end O $363,500 $361,500 None of the above O $359,500 Question 10 8 pts $326,500 O $361,500 $363,500 What is the debit side total balance of the Post Closing Trial Balance None of the above 8 pts 256 6 A Account Title 110 Cash 7 115 A R 8 120 Supplies 9 125 Prepaid Insurance 10 128 Prepaid Rent 11 167 Equipment 12 168 Acc depreciation Equip 13 201 Accounts payable 14 203 Interest payable 15 208 Rent payable 16 210 Dividend payable 17 213 Unearned Revenue 18 251 Long term notes payable 19 301 Common Stock 20 302 Dividend 21 401 Revenue 22 612 Depreciation exp Equip 23 623 Wages expense 24 633 Utility expense 25 643 Rent expense 26 27 28 29 30 31 32 33 Net Income 34 B Trial Balance Credit Debit REF) REFI REFI REFI REFI C REFI REFI REFI REFI REFI D E Adjustments Debit Credit F Adj Trial Balance Debit Credit 12 H Income Statement Debit Credit J K Balance Sheet Credit Debit

Question

D Question 1 What is the total balance in the Trial Balance on the Debit side from your Worksheet  $339000 $409,000 $388,500 $393,000 Question 2 8 pts $97,000 O $104,000 O $11,000 O $106,000 8 pts What is the total balance in the Adjustment column on the Debit side from your Worksheet  Question 3 What is the total balance in the Adjusted Trial Balance column on the Debit side in your Worksheet  $386,000 None of the above  O $391,000 O $392,000 Question 4 $88,500 8 pts What is the Net Income in the Income Statement at the year  end  None of the above  $79,500 O $81,500 8 pts Question 5 What is the Total Expense in the Income Statement at the year end  O 17,500 O 15,500 O $95,000 O 16,300 Question 6 What is the Total End Retained Earnings in the Financial Statements at the year end  $0  8 pts $63,500 $16,000 O $79,500 8 pts D Question 7 What is the Total Current Asset in the Balance Sheet at the year end  335,500 361,500 O 326,500 None of the above  Question 8 O 16,000 O 26,000 8 pts What is the Total Current Liability in the Balance Sheet at the year end  O 2,000 O 18,000 8 pts Question 9 What is the Total Liability plus Equity in the Balance Sheet at the year end  O $363,500 $361,500 None of the above  O $359,500 Question 10 8 pts $326,500 O $361,500 $363,500 What is the debit side total balance of the Post Closing Trial Balance  None of the above  8 pts 256 6 A Account Title 110 Cash 7 115 A R 8 120 Supplies 9 125 Prepaid Insurance 10 128 Prepaid Rent 11 167 Equipment 12 168 Acc  depreciation Equip  13 201 Accounts payable 14 203 Interest payable 15 208 Rent payable 16 210 Dividend payable 17 213 Unearned Revenue 18 251 Long term notes payable 19 301 Common Stock 20 302 Dividend 21 401 Revenue 22 612 Depreciation exp Equip 23 623 Wages expense 24 633 Utility expense 25 643 Rent expense 26 27 28 29 30 31 32 33 Net Income 34 B Trial Balance Credit Debit  REF)  REFI  REFI  REFI  REFI C  REFI  REFI  REFI  REFI  REFI D E Adjustments Debit Credit F Adj  Trial Balance Debit Credit 12 H Income Statement Debit Credit J K Balance Sheet Credit Debit

Accepted Answer

Question Journal Entry Date Account Dr Cr Cash 280000 Common Stock 280000 Date Account Dr Cr Equipment 28000 Cash 28000 Date Account Dr Cr Utility Expenses 4500 Cash 4500 Date Account Dr Cr Prepaid Re...

D Question 1 What is the total balance in the Trial Balance on the Debit side from your Worksheet? $339000 $409,000 $388,500 $393,000 Question

Step by Step Solution

Step: 1

Step: 2

Step: 3

Ace Your Homework with AI

Recommended Textbook for

Students explore these related Accounting questions