Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Instructions Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries and Wages Payable Unearned Rent Revenue Common Stock Retained Earnings Dividends Service

Instructions Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries and Wages Payable Unearned Rent Revenue Common Stock Retained Earnings Dividends Service Revenue Rent Revenue Salaries and Wages Expense Supplies Expense Rent Expense Ryan Company Trial Balance August 31, 2022 Insurance Expense Depreciation Expense Before Adjustment Dr. Cr. $10,900 8,800 2,500 4,000 16,000 2,800 17,000 0 10,800 0 0 $72,800 $3,600 5,800 0 1,800 10,000 5,500 34,000 12,100 $72,800 After Adjustment Dr. Cr. $10,900 9,400 500 2,500 16,000 2,800 Prepare the income and retained earnings statements for the year and the balance sheet at August 31 18,100 2,000 10,800 1,500 1,200 $75,700 $4,800 5,800 1,100 800 10,000 5,500 34,600 13,100 $75,700
image text in transcribed
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

The Pricing Strategy Audit

Authors: Kent B. Monroe

1st Edition

1907766006, 978-1907766008

More Books

Students also viewed these Accounting questions