Journalize the adjusting entries on December 31,201. Journal entry worksheet Record the closing entry for the dawing account. Note: Lnter debits beifore credits. Complete this question by entering your answers in the tabs below. Compute the balance of Ben Waites, Capital on December 31, 20X1. Complete this question by entering your answers in the tabs below. Compute the cost of goods sold. Record the closing entry for expenses and other debit items. Note: Enter debits before credits. office Supplies Expense Depreciation Expense-Office Equipment Required: 1. Complete the workstieet using the following information: o.-b. Ending merchandise inventory, $98,700. c. Uncollectible accounts expense, $1,000 d. Store supplies on hand December 31, 20X1, $625. e. Office supplies on hand December 31,201,$305 1. Depreciation on store equipment, $11,360 9. Pepreciation on office equipment, $3,300 h. Accrued sales salaties, $4,000, and accrued office salaries, $1,000 1. Social secuity tax on accrued sataries, $326; Medicare tax on accrued salaries, $76, Assumes that tax rates have increased) J. Federal unemployment tax on accrued salaties, $56, state unemployment tax on accrued salaties, $270. 2. Joumalize the adjusting entries on December 31,201. 3. Journalize the closing entries on December 31 , 20X1. 4. Compute the following a. net sales b. net delivered cost of purchases c. cost of goods sold d. net income or net loss e. balance of Ben Woites, Copital on Dicember 31.20X1 Anolyze: Journal entry worksheet 4 Record the closing entry for revenue and other credit items. Nole: Enter debits beforen credts. BENS JEWELERS Worksheet Year Ended December 31, 20X1 Following is the unadjusted trial balance of Ben's Jewelers on December 31,201. Complete this question by entering your answers in the tabs below. What change(s) to Ben Waites, Capital will be reported on the statement of owner's equity? Compute the net delivered cost of purchases. Complete this question by entering your answers in the tabs below. Compute net sales. Complete this question by entering your answers in the tabs below. Indicate the amount of net income or loss. Analyze: What change(s) to Ben Woites, Copitol will be reported on the statement of owner's equity? Complete this question by entering your answers in the tabs below. Complete the worksheet. Note: Enter both the debit and credit effects wherever required. Journalize the adjusting entries on December 31,201. Journal entry worksheet Record the closing entry for the dawing account. Note: Lnter debits beifore credits. Complete this question by entering your answers in the tabs below. Compute the balance of Ben Waites, Capital on December 31, 20X1. Complete this question by entering your answers in the tabs below. Compute the cost of goods sold. Record the closing entry for expenses and other debit items. Note: Enter debits before credits. office Supplies Expense Depreciation Expense-Office Equipment Required: 1. Complete the workstieet using the following information: o.-b. Ending merchandise inventory, $98,700. c. Uncollectible accounts expense, $1,000 d. Store supplies on hand December 31, 20X1, $625. e. Office supplies on hand December 31,201,$305 1. Depreciation on store equipment, $11,360 9. Pepreciation on office equipment, $3,300 h. Accrued sales salaties, $4,000, and accrued office salaries, $1,000 1. Social secuity tax on accrued sataries, $326; Medicare tax on accrued salaries, $76, Assumes that tax rates have increased) J. Federal unemployment tax on accrued salaties, $56, state unemployment tax on accrued salaties, $270. 2. Joumalize the adjusting entries on December 31,201. 3. Journalize the closing entries on December 31 , 20X1. 4. Compute the following a. net sales b. net delivered cost of purchases c. cost of goods sold d. net income or net loss e. balance of Ben Woites, Copital on Dicember 31.20X1 Anolyze: Journal entry worksheet 4 Record the closing entry for revenue and other credit items. Nole: Enter debits beforen credts. BENS JEWELERS Worksheet Year Ended December 31, 20X1 Following is the unadjusted trial balance of Ben's Jewelers on December 31,201. Complete this question by entering your answers in the tabs below. What change(s) to Ben Waites, Capital will be reported on the statement of owner's equity? Compute the net delivered cost of purchases. Complete this question by entering your answers in the tabs below. Compute net sales. Complete this question by entering your answers in the tabs below. Indicate the amount of net income or loss. Analyze: What change(s) to Ben Woites, Copitol will be reported on the statement of owner's equity? Complete this question by entering your answers in the tabs below. Complete the worksheet. Note: Enter both the debit and credit effects wherever required
