Here are the accounts of Realslow Typing Service at December 31, 2002. They are in random order and all have normal balances. Question 1: The trial balance will balance at what amount? Your Answers Accounts Receivable Cash Typing Revenue Unearned Revenue Rent Expense Realslow, Drawing Salary Expense Prepaid Insurance Utilities Expense Accounts Payable Realslow, Capital Supplies $4,700 11,230 56,400 1,400 14,000 20,000 12,200 2,500 3,600 2,300 8,730 600 (money) Using the information above, answer the following question: SUBMIT GRADE: - TIMER: 07:22 HIDE CLOCK Type here to search TRUE FALSE (none) MULTIPLE CHOICE (none) FILL IN PROBLEMS 12000OOOO2000 19 24 15 Question 2: Here are the accounts of Realslow Typing Service at December 31, 2002. They are in random order and all have normal balances. What was the net income for the period? Accounts Receivable Cash Typing Revenue Unearned Revenue Rent Expense Realslow, Drawing Salary Expense Prepaid Insurance Utilities Expense Accounts Payable Realslow, Capital Supplies $4,700 11,230 56,400 1,400 14,000 20,000 12,200 2,500 3,600 2,300 8,730 Your Answers (money) 600 Using the information above, answer the following question: ( SUBMIT GRADE: - TIMER: 07:45 HOE CLOCK CLOCK Type here to search Financial Accounting TRUE FALSE (none) FILL GO TO NEW Q MULTIPLE CHOICE (none) ODMOOOOOO 000 Dat Question 3: Here are the accounts of Realslow Typing Service at December 31, 2002. They are in random order and all have normal balances. What were the total assets at December 317 Your Answers Accounts Receivable Cash Typing Revenue Unearned Revenue Rent Expense Realslow, Drawing Salary Expense Prepaid Insurance Utilities Expense Accounts Payable Realslow, Capital Supplies $4,700 11,230 56,400 1,400 14,000 20,000 12,200 2,500 3,600 2,300 8,730 600 (money) Using the information above, answer the following question: SUBMIT GRADE: - TIMER: 07:59 HIDE CLOCK o Type here to search WU Question 4: Here are the accounts of Realslow Typing Service at December 31, 2002. They are in random order and all have normal balances. What were the total liabilities at December 31? Accounts Receivable Cash Typing Revenue Unearned Revenue Rent Expense Realslow, Drawing Salary Expense Prepaid Insurance Utilities Expense Accounts Payable Realslow, Capital Supplies $4,700 11,230 56,400 1,400 14,000 20,000 12,200 2,500 3,600 Your Answers (money) 8,730 Using the information above, answer the following question: SUBMIT GRADE: - TIMER: 08:11 HOE CLOCKI ote Type here to search Question 5: Here are the accounts of Realslow Typing Service at December 31, 2002. They are in random order and all have normal balances. What amount will appear as owner's equity on a balance sheet at 12/31? Your Answers Accounts Receivable Cash Typing Revenue Unearned Revenue Rent Expense Realslow, Drawing Salary Expense Prepaid Insurance Utilities Expense Accounts Payable Realslow, Capital Supplies $4,700 11,230 56,400 1,400 14,000 20,000 12,200 2,500 3,600 2,300 8,730 600 (money) Using the information above, answer the following question: SUBMIT GRADE: - TIMER: 08:21 HIDE CLOCK Type here to search (none) (none HBBPOMODOHDD Question 6 Your Answer Create the journal entry below. First choose Debitor Credit for the first line: Noglows Company had the following event or transaction during the year: DEBIT or CREDIT Paul Noglows, the owner, invests $5,000 into the business. What is the journal entry? GRADE: - TIMER: 08:37 HIDE CLOCK Type here to search Question 7 Your Answer Create the journal entry below. First choose Debitor Credit for the first line: Noglows Company had the following event or transaction during the year: A DEBIT or CREDIT Equipment is bought for $8,000; cash of $5,000 is paid, and a note is given for the balance. What is the journal entry? GRADE: - TIMER: 08:47 DE CLOCK Type here to search TRUE FALSE (none) MULTIPLE CHOICE (none) FILL IN PROBLEMS 60 TO NEW Q O2000OOOO D02 13 14 15 Question 8 Your Answer Create the journal entry below. First choose Debit or Credit for the first line: Noglows Company had the following event or transaction during the year: DEBIT or CREDIT Supplies are purchased for $600, on account. What is the entry? GRADE: - TIMER: 08:58 HDE CLOCK Type here to search (none) (none) 1206BBB 2002 Question 9 Your Answer Create the journal entry below. First choose Debitor Credit for the first line: Noglows Company had the following event or transaction during the year: DEBIT or CREDIT Services are performed and a bill is sent for $850. What is the entry? GRADE: - TIMER: 09:08 DE CLOCK Type here to search 13 14 15 Question 10 Your Answer Create the journal entry below. First choose Debitor Credit for the first line: A Noglows Company had the following event or transaction during the year: DEBIT CREDIT Payment is made for the supplies purchased previously, on account, for $600. What is the entry? GRADE: TIMER: 09:18 DE CLOCK Type here to search Question 11 Your Answer Create the journal entry below. First choose Debitor Credit for the first line: Noglows Company had the following event or transaction during the year: DEBIT CREDIT Cash is received on a bill previously sent to a customer, $1,200. What is the joumal entry? GRADE: - TIMER: 09:30 WIDE CLOCK Type here to search Question 12 Nogows Company had the following event or transaction during the year: Your Answer Create the journal entry below. First choose Debitor Credit for the first line: A DEBIT Noglows takes out cash for personal expenses, $200. What entry is made? CREDIT GRADE- TIMER: 09:40 CELE Type here to search Question 13 Your Answer Create the journal entry below. First choose Debit or Credit for the first line Noglows Company had the following event or transaction during the year: DEBIT or CREDIT A 3 year Insurance policy is purchased for cash for $900. What is the entry? GRADE: - TIMER: 09:51 HIDE CLOCK Type here to search (none) (none) 24133 ho to new 200302 Question 14 Your Answer Create the journal entry below. First choose Debit or Credit for the first line: A Noglows Company had the following event or transaction during the year: DEBIT or CREDIT Money is received from a client in advance of performing services, $700. GRADE: - TIMER: 10:00 HIDE CLOCK 1 Type here to search DUDUB 03 Question 15 Your Answer Create the journal entry below. First choose Debit or Credit for the first line: Noglows Company had the following event or transaction during the year: A DEBIT or CREDIT CREDIT The monthly rent is paid of $1,000. What is the entry? GRADE: - TIMER: 10:11 HIDE CLOCK Type here to search