Question
he account balances of Miss Bryan's Tutoring Service as of June 30, the end of the current fiscal year, are as follows: TRIAL BALANCE ACCOUNT
he account balances of Miss Bryan's Tutoring Service as of June 30, the end of the current fiscal year, are as follows: TRIAL BALANCE ACCOUNT NAME DEBIT CREDIT Cash 5,964.00 Accounts Receivable 713.00 Supplies 596.00 Prepaid Insurance 1,221.00 Equipment 6,120.00 Accumulated Depreciation, Equipment 2,198.00 Van 12,570.00 Accumulated Depreciation, Van 3,354.00 Accounts Payable 1,826.00 B. Bryan, Capital 14,704.00 B. Bryan, Drawing 17,060.00 Fees Earned 42,234.00 Salaries Expense 15,525.00 Advertising Expense 2,160.00 Van Operating Expense 820.00 Utilities Expense 1,303.00 Miscellaneous Expense 264.00 64,316.00 64,316.00 Question Content Area 1. Journalize the closing entries with the four steps in the correct sequence. Data for the adjustments are as follows: Expired or used up insurance, $475. Depreciation expense on equipment, $780. Depreciation expense on the van, $1,285. Salary accrued (earned) since the last payday, $569 (owed and to be paid on the next payday). Supplies remaining as of June 30, $443. If an amount box does not require an entry, leave it blank. GENERAL JOURNAL PAGE DATE DESCRIPTION POST. REF. DEBIT CREDIT 20-- Closing Entries Jun. 30 fill in the blank 71e9eeffe05cfbe_2 fill in the blank 71e9eeffe05cfbe_4 Jun. 30 fill in the blank 71e9eeffe05cfbe_6 fill in the blank 71e9eeffe05cfbe_7 fill in the blank 71e9eeffe05cfbe_9 fill in the blank 71e9eeffe05cfbe_10 fill in the blank 71e9eeffe05cfbe_12 fill in the blank 71e9eeffe05cfbe_13 fill in the blank 71e9eeffe05cfbe_15 fill in the blank 71e9eeffe05cfbe_16 fill in the blank 71e9eeffe05cfbe_18 fill in the blank 71e9eeffe05cfbe_19 fill in the blank 71e9eeffe05cfbe_21 fill in the blank 71e9eeffe05cfbe_22 fill in the blank 71e9eeffe05cfbe_24 fill in the blank 71e9eeffe05cfbe_25 fill in the blank 71e9eeffe05cfbe_27 fill in the blank 71e9eeffe05cfbe_28 fill in the blank 71e9eeffe05cfbe_30 fill in the blank 71e9eeffe05cfbe_31 fill in the blank 71e9eeffe05cfbe_33 fill in the blank 71e9eeffe05cfbe_34 Jun. 30 fill in the blank 71e9eeffe05cfbe_36 fill in the blank 71e9eeffe05cfbe_38 Jun. 30 fill in the blank 71e9eeffe05cfbe_40 fill in the blank 71e9eeffe05cfbe_42 Question Content Area 2. Assume that after completing the statement of owner's equity the amount for B. Bryan, Capital, June 30, 20-- is $16,544. Prepare a balance sheet. Miss Bryan's Tutoring Service Balance Sheet June 30, 20-- Assets $- Select - - Select - - Select - - Select - $- Select - - Select - - Select - $- Select - - Select - - Select - Total Assets $fill in the blank 0c9db904f03007a_19 Liabilities $- Select - - Select - Total Liabilities $fill in the blank 0c9db904f03007a_24 Owner's Equity - Select - Total Liabilities and Owner's Equity $fill in the blank 0c9db904f03007a_27
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