Question
Epicenter Laundry UNADJUSTED TRIAL BALANCE June 30, 20Y3 ACCOUNT TITLE DEBIT CREDIT 1 Cash 11,000.00 2 Laundry Supplies 21,500.00 3 Prepaid Insurance 9,600.00 4 Laundry
Epicenter Laundry
UNADJUSTED TRIAL BALANCE
June 30, 20Y3
| ACCOUNT TITLE | DEBIT | CREDIT | |
|---|---|---|---|
| 1 | Cash | 11,000.00 |
|
| 2 | Laundry Supplies | 21,500.00 |
|
| 3 | Prepaid Insurance | 9,600.00 |
|
| 4 | Laundry Equipment | 232,600.00 |
|
| 5 | Accumulated Depreciation |
| 125,400.00 |
| 6 | Accounts Payable |
| 11,800.00 |
| 7 | Sophie Perez, Capital |
| 105,600.00 |
| 8 | Sophie Perez, Drawing | 10,000.00 |
|
| 9 | Laundry Revenue |
| 232,200.00 |
| 10 | Wages Expense | 125,200.00 |
|
| 11 | Rent Expense | 40,000.00 |
|
| 12 | Utilities Expense | 19,700.00 |
|
| 13 | Miscellaneous Expense | 5,400.00 |
|
| 14 | Totals | 475,000.00 | 475,000.00 |
Need help with below table. Please explain how you get the answer. all bold items are correct.
Sophie Perez, Capital (ACCT.31)
| Clos. | $10000 | Bal. | $105600 |
|---|---|---|---|
| Clos. | Need help ?????? | ||
| Bal. | Need help ?????? |
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Managerial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
10th Edition
B010IKDQZM
