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I ONLY NEED HELP WITH T CHART AND FINAL GRAPH. THANKS. 1 Data Table The trial balance of Arlington Air Purification, Inc., at April 30,
I ONLY NEED HELP WITH T CHART AND FINAL GRAPH. THANKS.
1 Data Table The trial balance of Arlington Air Purification, Inc., at April 30, 2018, and the data needed for the month-end adjustments follow: (Click the icon to view the trial balance.) A (Click the icon to view the adjustment data.) Read the requirements. Arlington Air Purification, Inc. Trial Balance April 30, 2018 Requirement 1. Journalize the adjusting entries. (Record debits first, then credits. Exclude explanations from any journal entries.) a. Insurance coverage still remaining at April 30, $600 Account Debit Credit Journal Entry Cash Date Debit Credit Apr Accounts 30|||Insurance expense Prepaid insurance 600 Accounts receivable Prepaid insurance Supplies 22,500 18,500 2,300 1,700 85,000 Equipment Accumulated depreciation, equipment $ 35,600 1,900 b. Supplies used during the month, $1,100 Journal Entry Accounts payable Salaries payable Unearned service revenue Common stock Retained earnings Dividends Date Debit Credit 2,600 60,000 23,700 Accounts Supplies expense Accumulated depreciation, equipment Apr 1100 1100 1,000 Service revenue 11,000 3,800 c. Depreciation for the month, $2,700 Salaries expense Insurance expense Depreciation expense, equipment Utilities expense Journal Entry Date Accounts Debit Credit Apr Depreciation expense, equipment 2700 [ Print Print Done Done] April 30, 2018 Account Debit Credit Cash Accounts receivable Prepaid insurance Supplies Equipment Accumulated depreciation, equipment 22,500 18,500 2,300 1,700 85,000 $ 35,600 1,900 Accounts payable Salaries payable Unearned service revenue 2,600 Common stock 60,000 23,700 1,000 Retained earnings Dividends Service revenue Salaries expense Insurance expense 11,000 3,800 Depreciation expense, equipment Utilities expense Supplies expense $ 134,800 $ 134,800 Total c. Depreciation for the month, $2,700 Journal Entry Date Accounts Debit Credit Apr 2700 30|||Depreciation expense, equipment Accumulated depreciation, equipment 2700 d. Accrued utilities expense at April 30, $300 (use Accounts payable as the liability account needed) Journal Entry Date Accounts Debit Credit Apr Utilities expense 300 Accumulated depreciation, equipment 300 e. Accrued salaries at April 30, $550 Journal Entry Date Accounts Debit Credit Apr 30 Salaries expense 550 Salaries payable Requirement 2. The unadjusted balances have been entered in the T-accounts for you. Post the adjusting entries to the T-accounts. Reference the posted amounts by letters, (a) through (f). Calculate the adjusted balance for each account. (Use a "Bal" posting reference to show the ending balance of each account.) Review the adjusting entries from Requirement 1. Cash Accounts receivable Prepaid insurance Bal 22,500 18,500 Bal 2,300 Bal U Supplies Accumulated depreciation, Equip. Equipment 85,000 Bal 1,700 Bal Ral 35,600 Accounts payable Salaries payable Unearned service revenue Bal 1,900 2,600 Common stock Retained earnings Dividends 60,000 Bal 23,700 Bal 1,000 Common stock Retained earnings Dividends Bal 60,000 23,700 Bal 1,000 Da Service revenue Salaries expense Insurance expense Bal 11,000 Bal 3,800 Depreciation expense, equipment Utilities expense Supplies expense Adjusted Trial Balance April 30, 2018 Account Debit 1 CreditStep by Step Solution
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