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Homework: Chapter 5 Score: 12.1 of 50 pts P5-37A (similar to) 6 of 6 (4 complete) Thomas Electronics Company uses a perpetual inventory system. The
Homework: Chapter 5 Score: 12.1 of 50 pts P5-37A (similar to) 6 of 6 (4 complete) Thomas Electronics Company uses a perpetual inventory system. The unadjusted trial balance for Thomas Electronics Company at March 31, 2018, follows: (Click the icon to view the unadjusted trial balance.) Read the requirements Adjusted Trial Balance March 31, 2018 Balance Debit Credit 16,000 33500 $ 45770 Account Title Cash Accounts Receivable Merchandise Inventory Equipment Accumulated Depreciation-Equipment Accounts Payable Accounts Payable Unearned Revenue 134.000 37600 16700 Choose from any list or enter any number in the input fields and then click Check Answer 1 part I remaining Clear All Homework: Chapter 5 Score: 12.1 of 50 pts P5-37A (similar to) 6 of 6 (4 complete) Thomas Electronics Company uses a perpetual inventory system. The unadjusted trial balance for Thomas Electronics Company at March 31, 2018, follows (Click the icon to view the unadjusted trial balance.) Read the requirements Uneamed Revenue 16700 13500 42000 56000 Choose from any list or enter any number in the input fields and then click Check Answer 1 part CA remaining Homework: Chapter 5 Score: 12.1 of 50 pts P5-37A (similar to) 6 of 6 (4 complete) Thomas Electronics Company uses a perpetual inventory system. The unadjusted trial balance for Thomas Electronics Company at March 31, 2018, follows (Click the icon to view the unadjusted trial balance.) Read the requirements Total Choose from any list or enter any number in the input fields and then click Check Answer part I remaining Clear All 799544&questionid=3&flushed=false&cid=58816298.centerwin=yes 6 of 6 (4 complete) i Data Table Thomas Electronics Company Unadjusted Trial Balance March 31, 2018 Account Title Cash Accounts Receivable Merchandise Inventory Office Supplies Equipment Accumulated Depreciation--Equipment Accounts Payable Unearned Revenue Balance Debit Credit 16,000 33,500 45.770 6,300 134.000 37.604 16,700 13.500 Print Done 1 Data Table - X 37,600 16,700 13,500 42.000 50,000 12,270 Accumulated Depreciation Equipment Accounts Payable Unearned Revenue Notes Payable, long-term Common Stock Retained Earnings Dividends Sales Revenue Cost of Goods Sold Salaries Expense (Selling) Rent Expense (Selling) Salaries Expense (Administrative) Utilities Expense (Administrative) 22.000 290,000 148,000 25,000 16.100 5.100 10,300 $ 462,070 S 462,070 Total Print Done system. The unadjusted trial balance for Thomas Electronics Company at March 31, 2018, follows: Requirements - X 1. Journalize the adjusting entries using the following data: a. Interest revenue accrued, $400. b. Salaries (Selling) accrued, $2,200. c. Depreciation Expense-Equipment (Administrative), S1,340. d. Interest expense accrued, $1,700. e. A physical count of inventory was completed. The ending Merchandise Inventory should have a balance of $45.700 f. Thomas estimates that approximately $7.500 of merchandise sold will be returned with a cost of $3,750. 2. Prepare Thomas Electronics's adjusted trial balance as of March 31, 2018 3. Prepare Thomas Electronics's multi-step income statement for year ended March 31, 2018 Tields and 1
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