Answered step by step
Verified Expert Solution
Question
1 Approved Answer
ONLY NEED 5B and 6B solved PE2-5A On July 1, the cash account balance was $37,450. During July, cash payments totaled 115,860 and the July
ONLY NEED 5B and 6B solved
PE2-5A On July 1, the cash account balance was $37,450. During July, cash payments totaled 115,860 and the July 31 balance was $29,600. Determine the cash receipts during July EE2-5 p6e Missing amount from an account OBJ. SHOW ME HOW EE25 p68 PE 2-58 Missing amount from an account . 3 On August 1, the supplies account balance was $1,025. During August, supplies of $3,110 were purchased, and $1,324 of supplies were on hand as of August 31. Determine sup- plies expense for August SHOW ME HOW EE26 PE2-6A Trial balance errors OBJ.4 For each of the following errors, considered individually, indicate whether the error would cause the trial balance totals to be unequal. If the error would cause the trial balance totals to be unequal, indicate whether the debit or credit total is higher and by how much a. The payment of an insurance premium of $5,400 for a three-year policy was debited SHOW ME HOW to Prepaid Insurance for $5,400 and credited to Cash for $4,500. to Cash for $720. debited to Accounts Payable for $1,600. b. A payment of $270 on account was debited to Accounts Payable for $720 and credited c. A purchase of supplies on account for $1,600 was debited to Supplies for $1,600 and PE 2-68 For each of the following errors, considered individually, indicate whether the error would cause the trial balance totals to be unequal. If the error would cause the trial balance totals to be unequal, indicate whether the debit or credit total is higher and by how much a. The payment of cash for the purchase of office equipment of $12,900 was debited to EE2-6p72 Trial balance errors OBJ.4 SHOW ME HOW Land for $12,900 and credited to Cash for $12,900. credited to Cash for $1,840. and a credit to Accounts Receivable for $3,800 b. The payment of $1,840 on account was debited to Accounts Payable for $184 and c. The receipt of cash on account of $3,800 was recorded as a debit to Cash for $8,300Step by Step Solution
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 Started