Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

JOHNSON COMPANY Worksheet (Partial Month Ended January 31, 20X1 Trial Balance Adjustments Debit Credit Dobit Credit Adjusted Trial Balance Dobit Credit Account Name Cash Accounts

image text in transcribed
image text in transcribed
JOHNSON COMPANY Worksheet (Partial Month Ended January 31, 20X1 Trial Balance Adjustments Debit Credit Dobit Credit Adjusted Trial Balance Dobit Credit Account Name Cash Accounts receivable Supplies Prepaid insurance Equipment Accumulated depreciation Equipment Accounts payable Elicia Johnson, Capital Fees Income Rent expense Salaries expense Supplies expense Insurance expense Depreciation expense-Equipment Totals $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Chapter 5 Homework Sayed Help Save & Et Submit Check my work 2 On January 31, 20x1, the general ledger of Johnson Company showed the following account balances 2 points Skipped Bool Accounts Cash 61,300 Accounts receivable 20,800 Supplies 7,300 Prepaid insurance 6,500 Equipment 89,800 Accumulated depreciation Equipment 8 Accounts payable 15,000 Elicia Johnson, Capital 80,250 Fees income 188,500 Rent expense 8,900 Salaries expense 9.150 Supplies expense Insurance expense Depreciation expense-Equipment Hint Print References Additional information: a. Supplies used during January totaled $4,850 b. Expired insurance totaled $1,625. c. Depreciation expense for the month was $1,400. Complete the worksheet through the Adjusted Trial Balance section. Assume that every account has the normal debitor anse. The worksheet covers the month of January

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

Green Energy Audit Of Buildings A Guide For A Sustainable Energy Audit Of Buildings

Authors: Giuliano Dall’O’

2013 Edition

1447161726, 978-1447161721

More Books

Students also viewed these Accounting questions