Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Hello. How can I work this in T accounts. From A to G? Also to put them in Adjusted Trial Balance? Thanks. ` Conver X*

image text in transcribedimage text in transcribed

Hello.

How can I work this in T accounts. From A to G?

Also to put them in Adjusted Trial Balance?

Thanks.

image text in transcribedimage text in transcribed
` Conver X* ` Accour X Accour X| @ Solved X| [10 Chapte X| | Prepar X| / Angelic X| Liliant X| Course X| Accour X| X Google X| Modul X| Boot Inbox ( X| + X & https: / / bibliotecavirtual - cengage-com. nuc idm . oclc . org / online_ viewer / polf* WO {{ Apps & \\ Loteria TradicionalP .\\ @ CHAPTER 2 ANALY .` \\@] Education Scan Res .\\ ` Solutions manual T ." [O ACT 1600 Choz solu . { \\ Fin Man ACCOLA : PE 1 . Plagiarism Checker ." @ Plagiarism checker \\ . *| Other bookmarks @ | {` Escuchar ) D ) { { | 2 Pag : | 179\\ Of 1378\\ Accounting - Warren , Carl* *E English - 1 83 following unadjusted trial balance at July 31 , 2016 :1 Reece Financial Services Co . Unadjusted Trial Balance* July 31 , 2016 Debit Credit Balances Balances Cash ............ 10 , 200 Accounts Receivable ..... 34 , 750 Prepaid Insurance ....... 6, 000 Supplies\\ 1 , 725 Land .. . 50 , 000 Building ........ 155 , 750 Accumulated Depreciation - Building ..... 62 , 850 Equipment ....... 45, 000 Accumulated Depreciation - Equipment .... 17 , 650 Accounts Payable ..... 3 , 750 Unearned Rent ..... 3 , 600 Joni Reece , Capital ...... 153, 550, Joni Reece , Drawing* 8, 000 Fees Earned ..... 158 , 600 Salaries and Wages Expense ...... 56, 850 Utilities Expense ...... 14 , 100 Advertising Expense* 7,500 Repairs Expense ..... 6, 100 Miscellaneous Expense ........ 4 , 025 400 . 000 400. 000 V ~] Prob . 3 - 5 8 2. png \\] Prob . 3 - 5 8 . ping Show all X O Type here to search \\6 :D ~` \\[ WD) { ENG SHE AM` Conver X*` Accour X Accour X| @ Solved X| [10 Chapte X| | Prepar X| /_ Angelic X| Liliant X| Course X| Accour X| RX Google X| Modul X| loot Inbox ( X| + X & https: / / bibliotecavirtual -cengage-com. nuc idm . oclc . org / online_ viewer / pdf W O {{ Apps & Loteria TradicionalP ." 1 CHAPTER 2 ANALY .` \\@] Education Scan Res .\\ Solutions manual T ..\\ [O ACT 1 600 Choz solu . Fin ManACCOA : PE 1 . Plagiarism Checker ." @ Plagiarism checker | . *\\\\ Other bookmarks @ | [`` Escuchar ) D ) { { | 2 Pag : | 180| Of 1378 Accounting - Warren , Carl* { English - 1 4 146 Chapter 3 The Adjusting Process The data needed to determine year-end adjustments are as follows : a . Depreciation of building for the year , $6 , 400 . b. Depreciation of equipment for the year , $2 , 800 . C . Accrued salaries and wages at July 31 , $900 . d. Unexpired insurance at July 31 , $1 , 500 . e . Fees earned but unbilled on July 31 , $10 , 200. f. Supplies on hand at July 31 , $615. 8. Rent unearned at July 31 , $300 . Instructions 1 . Journalize the adjusting entries using the following additional accounts : Salaries and Wages Payable ; Rent Revenue ; Insurance Expense ; Depreciation Expense - Building ; Depreciation Expense - Equipment ; and Supplies Expense . 2 . Determine the balances of the accounts affected by the adjusting entries and prepare an adjusted trial balance . PR 3 - 6 8 Adjusting entries and errors OBJ . 2 , 3| V 2. Corrected net At the end of August , the first month of operations , the following selected data were income : $ 1 28 . 700 taken from the financial statements of Tucker Tarnhs an attorney . ` Prob . 3 - 5 8 2. png `] Prob . 3 - 5 B . ping Show all X O Type here to search \\6 :D ` WD) { ENG SHE`AMY

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Recommended Textbook for

Financial and Managerial Accounting

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

11th Edition

9780538480901, 9781111525774, 538480890, 538480904, 1111525773, 978-0538480895

Students also viewed these Accounting questions

Question

Graph the standard normal distribution. AppendixLO1

Answered: 1 week ago