Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

echo 0 Help Save 1 the end of the class. At December 31, $7.500 of the tuition has been earned by WTL 9. Wr's two

image text in transcribed
image text in transcribed
echo 0 Help Save 1 the end of the class. At December 31, $7.500 of the tuition has been earned by WTL 9. Wr's two employees are paid weekly. As of the end of the year two days' salaries have accrued at the rate of $100 per day for each employee h. The balance in the Prepaid Rent account represents rent for December WELLS TECHNICAL INSTITUTE Unajusted Trial Balance December 31 Credit Debit $ 34,000 0 3,000 12,000 3.000 35.000 B00H $10,000 10,000 15,000 26,000 Cash Accounts receivable Teaching supplies Prepaid insurance Prepaid rent Professional library Accumulated depreciation Professional Library Equipment Accumulated depreciation-Couleant Accounts payable Salarios payable Uncanned training fees Common stock Retained earnings Dividends Tuition fees earned Training fees earned Depreciation expense-Professional Library Depreciation persequipment Salaries expense Insurance expense Het wens Teaching supplies expense Ating expens utilities expense Total 12,500 10,000 80,000 50,000 123,900 40,000 3,000 33.000 $17,00 $319,400 1 2 3 !! Prov Next > ME Graw e i Required information Journal entry worksheet The balance in the Prepaid Rent account represents rent for December Note: Enter debits before credits Transaction General Journal Debit Credit h 30,250 Rent expense Prepaid rent 30,250 Record entry Clear entry View general journal echo 0 Help Save 1 the end of the class. At December 31, $7.500 of the tuition has been earned by WTL 9. Wr's two employees are paid weekly. As of the end of the year two days' salaries have accrued at the rate of $100 per day for each employee h. The balance in the Prepaid Rent account represents rent for December WELLS TECHNICAL INSTITUTE Unajusted Trial Balance December 31 Credit Debit $ 34,000 0 3,000 12,000 3.000 35.000 B00H $10,000 10,000 15,000 26,000 Cash Accounts receivable Teaching supplies Prepaid insurance Prepaid rent Professional library Accumulated depreciation Professional Library Equipment Accumulated depreciation-Couleant Accounts payable Salarios payable Uncanned training fees Common stock Retained earnings Dividends Tuition fees earned Training fees earned Depreciation expense-Professional Library Depreciation persequipment Salaries expense Insurance expense Het wens Teaching supplies expense Ating expens utilities expense Total 12,500 10,000 80,000 50,000 123,900 40,000 3,000 33.000 $17,00 $319,400 1 2 3 !! Prov Next > ME Graw e i Required information Journal entry worksheet The balance in the Prepaid Rent account represents rent for December Note: Enter debits before credits Transaction General Journal Debit Credit h 30,250 Rent expense Prepaid rent 30,250 Record entry Clear entry View general journal

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

Advances In Quantitative Analysis Of Finance And Accounting - New Series

Authors: Lee Cheng Few

2nd Edition

9812386696, 9789812386694

More Books

Students also viewed these Accounting questions