Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Dec. 3 1 Left side of Cash T account unadjusted balance at Dec. 3 1 6 0 0 Right side of Accounts Payable T account

Dec. 31
Left side of Cash T account unadjusted balance at Dec. 31
600
Right side of Accounts Payable T account unadjusted balance at Dec. 31
1,900
Right side of Accounts Payable T account unadjusted balance at
Dec. 31
Right side of Service Revenue T account unadjusted balance at Dec. 31
21,000
Right side of Service Revenue T account unadjusted balance at
Dec. 31
Right side of Service Revenue T account adjustment E
430
Right side of Service Revenue T account adjustment
E
Left side of Cash T account ajdusted
Balance
Left side of Cash T account ajdusted balance
600
Right side of Accounts Payable T account ajdusted balance
1,900
Right side of Accounts Payable T account ajdusted
Balance
Right side of Service Revenue T account ajdusted balance
21,430
Right side of Service Revenue T account ajdusted
Balance
Supplies
Salaries Payable
Salaries Expense
Left side of Supplies T account unadjusted balance at
Dec. 31
Left side of Supplies T account unadjusted balance at Dec. 31
4,000
Right side of Supplies T account adjustment A
1,300
Right side of Supplies T account adjustment
A
Right side of Salaries Payable T account adjustment D
260
Right side of Salaries Payable T account adjustment
D
Left side of Salaries Expense T account unadjusted balance at
Dec. 31
Left side of Salaries Expense T account unadjusted balance at Dec. 31
6,000
Left side of Salaries Expense T account adjustment
D
Left side of Salaries Expense T account adjustment D
260
Left side of Supplies T account ajdusted
Balance
Left side of Supplies T account ajdusted balance
2,700
Right side of Salaries Payable T account ajdusted balance
260
Right side of Salaries Payable T account ajdusted
Balance
Left side of Salaries Expense T account ajdusted
Balance
Left side of Salaries Expense T account ajdusted balance
6,260
Prepaid Insurance
Unearned Revenue
Supplies Expense
Left side of Prepaid Insurance T account unadjusted balance at
Dec. 31
Left side of Prepaid Insurance T account unadjusted balance at Dec. 31
700
Right side of Prepaid Insurance T account adjustment B
570
Right side of Prepaid Insurance T account adjustment
B
Left side of Unearned Revenue T account adjustment
E
Left side of Unearned Revenue T account adjustment E
430
Right side of Unearned Revenue T account unadjusted balance at Dec. 31
700
Right side of Unearned Revenue T account unadjusted balance at
Dec. 31
Left side of Supplies Expense T account adjustment
A
Left side of Supplies Expense T account adjustment A
1,300
Left side of Prepaid Insurance T account ajdusted
Balance
Left side of Prepaid Insurance T account ajdusted balance
130
Right side of Unearned Revenue T account ajdusted balance
270
Right side of Unearned Revenue T account ajdusted
Balance
Left side of Supplies Expense T account ajdusted
Balance
Left side of Supplies Expense T account ajdusted balance
1,300
Equipment
Common Stock
Depreciation ExpenseEquipment
Left side of Equipment T account unadjusted balance at
Dec. 31
Left side of Equipment T account unadjusted balance at Dec. 31
20,000
Right side of Common Stock T account unadjusted balance at Dec. 31
6,700
Right side of Common Stock T account unadjusted balance at
Dec. 31
Left side of Depreciation Expense Equipment T account adjustment
C
Left side of Depreciation Expense Equipment T account adjustment C
480
Left side of Equipment T account ajdusted
Balance
Left side of Equipment T account ajdusted balance
20,000
Right side of Common Stock T account ajdusted balance
6,700
Right side of Common Stock T account ajdusted
Balance
Left side of Depreciaiton Expense Equipment T account ajdusted
Balance
Left side of Depreciaiton Expense Equipment T account ajdusted balance
480
Accumulated DepreciationEquipment
Dividends
Insurance Expense
Right side of Accumulated Depreciation Equipment T account unadjusted balance at Dec. 31
3,000
Right side of Accumulated Depreciation Equipment T account unadjusted balance at
Dec. 31
Left side of Dividends T account unadjusted balance at
Dec. 31
Left side of Dividends T account unadjusted balance at Dec. 31
2,000
Left side of Insurance Expense T account adjustment
B
Left side of Insurance Expense T account adjustment B
570
Right side of Accumulated Depreciation Equipment T account adjustment C
480
Right side of Accumulated Depreciation Equipment T account adjustment
C
Right side of Accumulated Depreciation Equipment T account ajdusted balance
3,480
Right side of Accumulated Depreciation Equipment T account ajdusted
Balance
Left side of Dividends T account ajdusted
Balance
Left side of Dividends T account ajdusted balance
2,000
Left side of Insurance Expense T account ajdusted
Balance
Left side of Insurance Expense T account ajdusted balance
570
pop-up content ends

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

Step: 3

blur-text-image

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

More Books

Students also viewed these Accounting questions