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I need to fill in the rest of the chart. Is it all filled in correctly so far? Income Statement Debit Credit Account er Name
I need to fill in the rest of the chart. Is it all filled in correctly so far?
Income Statement Debit Credit Account er Name 110 Cash 120 Accounts Receivable 130 Prepaid Insurance 140 Prepaid Rent 150 Office Supplies 211 Office Equip. 212 Accum. Depr.-Office Equip. 311 Computer Equip. 312 Accum. Depr.-Computer Equip. 411 Building Cost 412 Accum. Depr.- Building 510 Land 2101 Accounts Payable 2102 Advanced Payments 2103 Interest Payable 2105 Salaries Payable 201 Mortgage Payable 202 Notes Payable 100 Hudson Bloom, Capital 300 Hudson Bloom, Withdrawals Unadjusted Trial Balance Debit Credit 76,660.94 0.00 1,190.00) 0.00 4,968.00 0.00 3,200.00 0.00 530.00 0.00 2,360.00 0.00 0.00 211,250.000 0.00 0.001 0.00 19,000.00 0.00 0.00 0.00 100,000.00 0.00 0.00 1,705.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 107,100.00 0.00 103,500.00 0.00 196,700.00 1,416.06) 0.00 0.00 Adjusted Trial Balance Debit Credit 76,660.94 6,315.00 4,719.00 1,600.00 316.00 2,360.00 18.10 211,250.00 308.20 19,000.00 Adjusting Entries Debit Credit 0.00 0.00 5,125.00 0.00 0.00 249.00 0.00 1,600.00 0.001 214.00 0.00 0.00 0.00 18.10 0.00 0.00 0.00 308.20 0.00 0.00 0.00 0.00 0.00 0.00 0.001 0.00 0.00 0.00 0.00 1,418.06) 0.00 621.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Balance Sheet Debit Credit 76,660.94 6,315.00 4,719.00 1,600.00 316.00 2,360.00 18.10 211,250.00 308.20 19,000.00 100,000.00 100,000.00 1,705.00 1,705.00 1,418.06 621.00 107,100.00 103,500.00 196,700.00 1,418.06 621.00 107,100.00 103,500.00 196,700.00 0.00 1,416.00 1,416.00 21,220.00 21,220.00 16,095.00 0.00 0.00 0.00 1100 Computer & Consulting Revenue 5010 Rent Expense 5020 Salary Expense 1030 Advertising Expense 040 Repairs & Maint. Expense 6050 Oil & Gas Expense 1080 Supplies Expense 6090 Interest Expense $100 Insurance Expense 110 Depreciation Expense 0.00 0.00 2,070.00 250.00 1,190.00 1,015.00 0.001 0.00 0.00 0.00 0.00 1,600.00 621.00 0.00 0.001 0.00 214.00 1,418.06 249.00 326.30 5,125.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.001 1,600.00 2,691.00 250.00 1,190.00 1,015.00 214.00 1,418.00 249.00 326.20 1,600.00 2,691.00 250.00 1,190.00 1,015.00 214.00 1,418.00 249.00 326.30 0.00 0.00 0.001 425,100.00 425,100.00 9,553.36 9,553.36 21,220.00 423,636.94 411,370.36 Total NET INCOME Balance 21,220.00 423,636.94Step by Step Solution
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