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Exercise 4-19 (similar to) Better Boat Company bogan operations on November 1, 2020 The November and December transactions and the information used to prepare the

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Exercise 4-19 (similar to) Better Boat Company bogan operations on November 1, 2020 The November and December transactions and the information used to prepare the adjusting entries af December 31, 2020, flows. (Click the icon to view the November and December transactions and the December 31 adjustment data) Better Float Company prepared an unadusted trial balance at December 31, acusting enties for the two months onded Docomber 31, and an arusted that balance at December (Click the icon to view the unadjusted trial balance.) (Click the icon to view the adjusting journal entries) Click the icon to view the adjusted trial balance.) Required Requirement 1. Complete the worksheets December 31, 2020. Use the tributarices and adjusting entries provided Comote the worksheet one section at a time, beginning with the Undsted Til Salance com When completing the chustments can for a posting reference along with each dobil or credit imount that corresponds to the letter of the adjusting entryx by cot (Leave unused cells blank Do not enter a "0" for any zero balances. Abbreviations used. Accum. - Accumulated: Amort. Amortization) Better Boat Company Works December 31, 2020 Unadjusted Trial Balance Account Title Debit Inco Enter y number in the edities and then click Check Answer and an adje Nov. 1 Received $14,000 cash to begin the company and gave owner's equity to Avery Waldon 2 Signed a lease for a building and paid $2,000 for the first month's rent. 3 Purchased canoes for $3,840 on account. 4 Purchased office supplies on account, $1,000 7 Earned $1,600 cash for rental of canoes. 13 Paid $1,400 cash for salaries. 15 Waldon withdrew $400 cash from the business. 16 Received a bill for $190 for utilities. (Use separate payable account.) 20 Received a bill for $100 for cellphone expenses (Use separate payable account.) 22 Rented canoes to Little Day Breakers on account, $3,200. 26 Paid $1,800 on account related to the November 3 purchase. 28 Received $900 from Little Day Breakers for canoe rental on November 22 30 Waldon withdrew cash of $450 from the business. its column, ente Is blank. Do no Del Dec 1 Waldon contributed land on the river (worth $60,000) and a small building to use as a rental office (worth $385,000) in exchange for owner's equity 1 Prepaid $6,000 for three months' rent on the warehouse where the company stores the canoes elde Print Done milar tel operati Unadjusted Trial Balance -X to prepare the adjusting w the Novi arod and 01, and an adjusted trial bal ew the una ew the adja Better Boat Company Unadjusted Trial Balance December 31, 2020 Balance Debit Credit $ 3,810 Account Title o the works Cash one section h debitore Abbreviatio ents column enter a posting Jells blank. Do not enter a "0 Accounts receivable Office supplies Prepaid rent Land 6,100 1 200 6,000 60,000 385.000 9.600 s Ud Building Canoes Accounts payable Utilities payable Telephone payable Unearned revenue 240 300 Trid Debl 270 550 the edit fields Print Done Final Check O . C F6 710 112 WW A ? & * 7 YA DV a 4 of 4 (2 complete) HW Score: 7.15%, 11.44 of milar tel Unadjusted Trial Balance - X to prepare the adjusting entra an operati VS ew the Nov pared and 31, and an adjusted trial balanc lew the und view the adid 60,000 385,000 9,600 S 240 300 to the works 270 550 tone section ich debitor and Abbreviatio ents column, enter a posting ells blank. Do not enter a "0" Land Building Cances Accounts payable Utilities payable Telephone payable Uncamned revenue Note payable A Waldon, Capital A Waldon withdrawals Canoe rental revenu Rent expense Sales expense Us expense Telephone expense Total 5.760 459.000 1.450 13.400 UN 2.000 3,500 490 370 Tri Debi 479.520 $ 479 520 the edit fields Print Done Final Check o Wow 11 re 110 Powe Woen 128 Adjusted Trial Balance - X prer and a Adjusted Trial Balance December 31, 2020 Balance Account Title Debit Credit $ 3.810 7 000 wo 250 ectil tor evia 4,000 s column blank. Cash Accounts receivable Office supplies Prepaid rent Land Building Accumulated amortization--building Canoes Accumulated amortization-canoes Accounts payable Utilities payable Telephone payable Salaries payable 60.000 385.000 $ 1,500 9.600 140 240 300 D 270 1050 dit field Print Done Final 3 BOARD Adjusted Trial Balance propare the began oper ollows view the prepared an EU 4 and an adjusto 1,050 to view the 400 to view the 120 5.750 459.000 omplete the wol 1.450 Salanes payable Unearned revenue Interest payable Note payable A Waldon capital A Waldon, withdrawals Canoe rental revenue Ront expense Salaries expense Utilities expense Telephone exponse Supplies expense Amortization expense bulding Amortization expense-cances interest expense sheet one sect th each dobit od nces. Abbrevia 14450 s column, enter as blank. Do not en 4.000 4.550 490 370 950 1,500 140 120 D Total 183.230 5 483.230 er in the edit field Print Done Done ng Final Check o FO Polsce V % ^ ? & pls 4 of 4 (2 complete) HW Score: 7.15%, 11:44 119. Isimilar tal Adjusting Journal Entries - ngent Debit Credit Date Dec Adula) 950 950 2000 att Doc Adib 2.000 long obl Accounts and Explanation 31 Supplies Expenso Office Supplies To record office supplies used 31 Rent Expense Prepaid Rent To record ront expense 31 Amortization Expense-Building Accumulated AmortizationBuilding To record deprecation on building 31 Onearned Reven Canon Rental Revenue To record avenue eamed that was collected in advance 31 Sales Expense Sales Payable To act wages exponse osting ter a "0" Dec 1 500 Ad) 1,500 Dec 150 Adj (a) 150 101 Dec Adie stic 1050 num Print Done man O F 110 F11 72 w GAME 1 ? ** % 50 6 7 8 2 9 M = 3 0 VA U 0 P 65 pts 4 of 4 (2 complete) HW Score: 7.15%, 1144 4.1 (similar tal Co Adjusting Journal Entries ingent 31 the Cal 31 Adj (d 150 alba the

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