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JUST NEED STEP #6, please respond ill give you a like This comprehensive problem is a continuation of Comprehensive Problem 1. Murphy Delivery Service has
JUST NEED STEP #6, please respond ill give you a like
This comprehensive problem is a continuation of Comprehensive Problem 1. Murphy Delivery Service has completed closing entries and the accounting cycle for 2018. The business is now ready to record January 2019 transactions. Jan.3 Collected $200 cash from customer on account. 5 Purchased office rupplies on account, $1,000. 12 Performed delivery services for a customer and received $3,000 cath. 15 Raid employee salary, including the amount owed on December 31,$4,100. 18 Performed delivery services on account, 51,350. 20 Paid $300 on account. 24 Purchased fuel for the truck, paying 5200 cash. 27 Completed theremaining work due for Uneatned Revenue. 28 Pald office rent, 52,200 , for the month of lanuary. 30 Collected 53,000 in advanke for delivery service to be performed later. 31 Surphy withdrew cash of 51,500. 5. Journalize the adjusting entries using the following adjustment data and also by reviewing the journal entries prepared in Requirement 1. Post adjusting entries to the T-accounts. Adjustment data: a. Office Supplies on hand, $600. b. Accrued Service Revenue, $1,800. c. Accrued Salaries Expense, $500. d. Prepaid insurance for the month has expired. e. Depreciation was recorded on the truck for the month, 6. Prepare an adjusted trial balance as of January 31, 2019 This comprehensive problem is a continuation of Comprehensive Problem 1. Murphy Delivery Service has completed closing entries and the accounting cycle for 2018. The business is now ready to record January 2019 transactions. Jan.3 Collected $200 cash from customer on account. 5 Purchased office rupplies on account, $1,000. 12 Performed delivery services for a customer and received $3,000 cath. 15 Raid employee salary, including the amount owed on December 31,$4,100. 18 Performed delivery services on account, 51,350. 20 Paid $300 on account. 24 Purchased fuel for the truck, paying 5200 cash. 27 Completed theremaining work due for Uneatned Revenue. 28 Pald office rent, 52,200 , for the month of lanuary. 30 Collected 53,000 in advanke for delivery service to be performed later. 31 Surphy withdrew cash of 51,500. 5. Journalize the adjusting entries using the following adjustment data and also by reviewing the journal entries prepared in Requirement 1. Post adjusting entries to the T-accounts. Adjustment data: a. Office Supplies on hand, $600. b. Accrued Service Revenue, $1,800. c. Accrued Salaries Expense, $500. d. Prepaid insurance for the month has expired. e. Depreciation was recorded on the truck for the month, 6. Prepare an adjusted trial balance as of January 31, 2019 Step by Step Solution
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