Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Good to Go Auto Products distributes automobile parts to service stations and repair shops. The ??djusted trial balance date that follows is from the firm's

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Good to Go Auto Products distributes automobile parts to service stations and repair shops. The ??djusted trial balance date that follows is from the firm's worksheet for the year ended December 31, 2019 Accounts Debit Cash Petty Cash Fund Notes Receivable, due 2020 Accounts Receivable Allowance for Doubtful Accounts Interest Receivable Merchandise Inventory Warehouse Supplies Office Supplies Prepaid Insurance Land Building Accumalaced Depreciation-Building Harehouse Equipment Accumulated Depreciation-Harehouse Equipment Office Equipment Accumulated Depreciation-office Equipment Notes Payable, due 2020 Accounts Payable Interest Payable Loans Payable-Long-Term Mortgage Payable Colin 'Brien, Capital (an. 1) Colin oBrien, Drawing Income Summary Sales Sales Returns and Allowances Interest Incone Purchases Freight In Purchases Returns and Allowances Purchases DiscountS harehouse Hages Expense harehouse Supplies Expense Depreciation Expense-Warehouse Equipment Salaries Expense-Sales Travel Expense Delivery Expense Salaries Expense-offLce Office Supplies Expense Insurance Expense Utilitie9 Expense Telephone Expense Payroll Taxes Expense Building Repairs Expense Property Taxes Expense Uncollectible Accounts Expense Depreciation Expense-Building Depreciation Expense-Office Equipment Interest Expense 5 97,200 500 138, 400 2,000 126, 700 520 2, 840 14,200 98, 000 15,800 e, 600 3,000 18,000 7,600 13,200 55, 100 220 , 000 11,000 322, 350 68, 850 129, 600 6,600 445, 000 126,700 1,074, 300 11,850 1,440 106, 800 4, D00 1, 600 149,900 22,200 35, 625 83, 200 8, 075 6,200 3, 100 29, 800 1,900 14, 600 1,780 3, 200 1,440 Totals 41,659,960 41,659,960

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

Students also viewed these Accounting questions

Question

outline some of the current issues facing HR managers

Answered: 1 week ago