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economic Question-No. 05 Marks 10 At the end of the fiscal year December 31, 2020, the following information related to the trial balance of Reed
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Question-No. 05 Marks 10 At the end of the fiscal year December 31, 2020, the following information related to the trial balance of Reed Delivery Service appeared as shown below. Title of A/C Cash Accounts Receivable Prepaid Insurance Delivery Supplies Office Supplies Land Building Accumulated Depreciation Building Trucks Accumulated Depreciation Trucks Office Equipment Accumulated Depreciation Office Equipment Accounts Payable Uncamned Lockbox Fees Mortgage Payable Capital N. Reed N. Reed, Withdrawals Delivery Service Revenue Lockbox Fees Earned Truck Drivers Wages Expense Office Salaries Expense Oil, Gas and Truck Repairs Expense Interest Expense Amount Rs 10,072 29,314 S140 14,700 2.460 15.000 196,000 53.400 103. DO 30.900 15.900 10.800 9.396 8.340 72.000 128730 30.000 283, 470 28,800 120.600 44.400 31,050 7,200 A. Expired insurance, Rs 3,060 B. Inventory of unused delivery supplies, Rs. 1.430. Inventarfundois Rs 186 Question-No. 05 Marks 10 At the end of the fiscal year December 31, 2020, the following information related to the trial balance of Reed Delivery Service appeared as shown below. Title of A/C Cash Accounts Receivable Prepaid Insurance Delivery Supplies Office Supplies Land Building Accumulated Depreciation Building Trucks Accumulated Depreciation Trucks Office Equipment Accumulated Depreciation Office Equipment Accounts Payable Uncamned Lockbox Fees Mortgage Payable Capital N. Reed N. Reed, Withdrawals Delivery Service Revenue Lockbox Fees Earned Truck Drivers Wages Expense Office Salaries Expense Oil, Gas and Truck Repairs Expense Interest Expense Amount Rs 10,072 29,314 S140 14,700 2.460 15.000 196,000 53.400 103. DO 30.900 15.900 10.800 9.396 8.340 72.000 128730 30.000 283, 470 28,800 120.600 44.400 31,050 7,200 A. Expired insurance, Rs 3,060 B. Inventory of unused delivery supplies, Rs. 1.430. Inventarfundois Rs 186Step by Step Solution
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