Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

needing statement of owners equity and closing entries for this! TUTTLE ELECTRONICS COMPANY Unadjusted Trial Balance October 31, 2018 Account Title Cash Balance Debit Credit

needing statement of owners equity and closing entries for this!
image text in transcribed
image text in transcribed
image text in transcribed
TUTTLE ELECTRONICS COMPANY Unadjusted Trial Balance October 31, 2018 Account Title Cash Balance Debit Credit $ 4,200 33,800 45,700 5,700 129,500 $ 37,200 15,600 13,400 Accounts Receivable Merchandise Inventory Office Supplies Equipment Accumulated Depreciation--Equipment Accounts Payable Unearned Revenue Notes Payable, long-term Tuttle, Capital Tuttle, Withdrawals Sales Revenue Cost of Goods Sold Salaries Expense (Selling) Rent Expense (Selling) Salaries Expense (Administrative) Utilities Expense (Administrative) Total 53,000 54,700 27,000 300,300 171,600 26,000 15,400 4,800 10,500 $ 474,200 $ 474,200 12 Adj, Trial Bal, Oct. 31,8018 Cash AIR Interest Rec. Merch Inventory Office Supplies Equipment Accum. Depre-requir. AIP Salaries Pay Unearned Rev. Interest pay. Dr 4200 27.600 550 42820 5700 112950o 38495 15600 2800 13400 1soo Common stock ToNidends 48DD 6700 27000 6300 550 Dr cr N/P /long-term) 53000 Retained Earnings Sales Rev. 1300300 Sales Returns & Allowances) Interest Revv. COGS 174480 Salaries Exp. 28800 Rent Exp. Interest Exp. Depre. Exp. - Equip: (Admin) Salaries Exp (Admin) usou Utilities Exp (Admin) Losco Total: 4893us u8o, sus isoo 1500 1295

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

Money And Wealth

Authors: Joslyn Pine

1st Edition

0486486389, 9780486486383

More Books

Students also viewed these Accounting questions

Question

c. What are the job responsibilities?

Answered: 1 week ago

Question

Describe several models for organizing a human resources department

Answered: 1 week ago