Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

need help solving this huge problem with all parts thank you. Chart Text Instructions Worksheet Income Statement Statement of Owner's Equity Shape Mesa Com Balance

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
need help solving this huge problem with all parts
thank you.
Chart Text Instructions Worksheet Income Statement Statement of Owner's Equity Shape Mesa Com Balance Sheet Post Closing Trial Balance C D Name: Problem: Course: Date: 4 Chapter 4 Worksheet Problem-LN1 ACC 120 Spring 2022 March Company Worksheet For the month onded December 31, 2020 Tiance Adjustments Adjusted once Income Statement Debit Credit Credit Debi Credit Dobit Credit 5,640 2,400 540 3,000 5,000 Balance Sheet Debit Credit 1 B 0 10 Cash Accounts Receivable 11 Supplies Prepaid surance 14 Office Equipment 15 Accum. Deprofice Equip 10 Accounts Payable 17 A March Capital A March Drawing 19 Fees Eamed 10 Wages Expense Rant Expense 12 Utes Expense 21 Supplies Expert 14 Experte Den spennep 20 Total Not income of Totais 4,200 12.120 1,000 6.300 2.500 1000 540 22.020 22,620 30 Adjusting Entries 31 A Prepard insurance which has expired $1,000 77 8. Ending Supplies inventory in $100 23 C Fees corned but not yet received is 5600 D. Depreciation on the Office Equipment for this year. $125 35 20 (6) June the adjusting entries using the worksheets a basis 38 A 35 40 8 Text March Company View 200 Text Media Common Table Chart Statement of Owner's Equity Instructions Worksheet income Statement Balance Sheet Post Closing Trial Balance H N O B D Net Income or lost 20 Totals 29 30 Adjusting Entries: 31 A Prepaid Insurance which has expired 51.000 32 Ending Supplies Inventory is 5190 33 C. Fees eamed but not yet received is $600 34 D. Depreciation on the Office Equipment for this year. $125 35 38 (c) Joumalize the adjusting entries using the worksheet as a basis. 37 38 A 30 40 41 B 42 43 c 45 4 47 D 48 de 50 51 (d) Joumalize the closing entries using the worksheet as a basis 52 53 A 54 60 55 50 61 02 B. 125% Zoom Viere Text Cona ent Table Chart Statement of Owner's Equity Spe Media Cont Balance Sheet Post Closing Trial Balance Instructions Worksheet Income Statement Income Statement VI 125% Zoom Instructions BE Insert Table Chart Statement of Owner's Equity Text Worksheet Income Statement Shape Media Commt Balance Sheet Post Closing Trial Balance NAME Classified Balance Sheet View 125% Zoom Instructions EE Insert Table Chart Statement of Owner's Equity T Text Shape Media Comment Worksheet Income Statement Balance Sheet Post Closing Trial Balanc NAME: Post-Closing Trial Balance T View Zoom Intel Chart Statement of Owner's Equity Shape Media Comment Balance Sheet Post Closing Trial Balance Instructions Worksheet Income Statement NAME: Statement of Owner's Equity

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Accounting questions