Question
(30 marks) 10. Please prepare from the following information: - A. Worksheet . Journalized adjusting entries LAVIDA'S DANCE STUDIO TRIAL BALANCE JUNE 30,2019 Dr
(30 marks) 10. Please prepare from the following information: - A. Worksheet . Journalized adjusting entries LAVIDA'S DANCE STUDIO TRIAL BALANCE JUNE 30,2019 Dr Cr 10150 00 5000 00 700 00 12950 00 300 00 Cash Accounts Receivable Prepaid Insurance Dance Equipment Dance Supplies Accumulated Depreciation, Dance Equipment Accounts Payable Lavida, Capital Lavida, Withdrawals 4000 od 5750 00 15150 00 400 00 Dance Fees Earned 5200 00 Instructor Salaries Expense Advertising Expense Telephone Expense 450 00 s0 00 70 00 30100 00 30100 00 Adjustment Data: - A. Insurance expired, $100 B. Dance supplies on hand, $20 C. Depreciation on dance equipment, $200 D. Salaries earned by employees but not due to be paid until July, $490 MIDTERM CHAPTERIQueion
Step by Step Solution
3.48 Rating (158 Votes )
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get StartedRecommended Textbook for
Fundamentals of Corporate Finance
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
3rd edition
1118845897, 978-1118845899
Students also viewed these Accounting questions
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
View Answer in SolutionInn App