pandorical thinking - Interest expense 1.200 Salaries and we expense 52.000 3. Notes Payable 120.000. This balance is of a site forces and interested Gate November 4. Salaries and Wages Payable 30. There are eight salaried employees. Spider for the current werk. Five employees receive a salary of 700h per week, and the employees 500 each per work. Assume December is Tuesday moyens de network wel All employees waded the last 2 days of December Instructions Prepare the adjusting entries December 31, 2030 PRSA (LO 2, 3, 4 Financial Statements November 1, 2000, the account balances of Hamm Equipment Repair were as follows . GLS Ne 101 112 126 153 Cash Accounts Receivable Supplies Equipment Deb 5 2.400 4.250 1.800 12.000 S2000 2.000 154 201 200 212 301 Accumulated Derecement Accounts Payable Used Service Rev Sales and Wipes Owner's Capital 00 $20.450 $30,450 During November the following summary actions were completed Nov. 8 Paid S1,700 for salaries de employees, of which $700 is for October salaries 10 Received 1.630 cash from customers on account 12 Received 1.100 cash for services performed in November 15 Purchased equipment on 2,000 17 Purchased supplies on cont 700 20 Paid creditors on 2.700 22 Paid November rent sco. 25 Paid sales 1200 27 Performed and billed customers for these services $2.200 29 Reeved Soomes for future service Adjustment dat 1. Supplies online 2. Accrued sales 50 3. Depreciation for the math 200 4. Services related to carned service revenue of $1.220 was performed Instructions a. Enter the November lalances in the ledger accounts b. Journaline the November transactions c. Post to the ledger accounts. Use Jl for the posting reference. Use the following additional account No 407 Service Revenue, No. 615 Depreciation Expense. No. 631 Supplies Expeme, No. 726 Salaries and Wages Expense, and No. 729 Rent Expense d. Prepare a trial balance at November 30, e. Journalize and post adjusting entries. I. Prepare an adjusted trial balance . Prepare an income statement and an owner's equity statement for November and a balance sheet at November 30 d. Trial balance $25,650 Adj, trial balance $26,200 Net income 51,770; Ending capital $15.720 Total assets $19.250 "PAGA (LO 2, 3, 4, 5 Financial Statement Cabeleire Gractics Company was organized ca January 1, 2020, by Gabriel Media. At the end of the line 6 months of operations, the trial balance Prepare adjusting entries, aded trial balance and conten wing appendi pandorical thinking - Interest expense 1.200 Salaries and we expense 52.000 3. Notes Payable 120.000. This balance is of a site forces and interested Gate November 4. Salaries and Wages Payable 30. There are eight salaried employees. Spider for the current werk. Five employees receive a salary of 700h per week, and the employees 500 each per work. Assume December is Tuesday moyens de network wel All employees waded the last 2 days of December Instructions Prepare the adjusting entries December 31, 2030 PRSA (LO 2, 3, 4 Financial Statements November 1, 2000, the account balances of Hamm Equipment Repair were as follows . GLS Ne 101 112 126 153 Cash Accounts Receivable Supplies Equipment Deb 5 2.400 4.250 1.800 12.000 S2000 2.000 154 201 200 212 301 Accumulated Derecement Accounts Payable Used Service Rev Sales and Wipes Owner's Capital 00 $20.450 $30,450 During November the following summary actions were completed Nov. 8 Paid S1,700 for salaries de employees, of which $700 is for October salaries 10 Received 1.630 cash from customers on account 12 Received 1.100 cash for services performed in November 15 Purchased equipment on 2,000 17 Purchased supplies on cont 700 20 Paid creditors on 2.700 22 Paid November rent sco. 25 Paid sales 1200 27 Performed and billed customers for these services $2.200 29 Reeved Soomes for future service Adjustment dat 1. Supplies online 2. Accrued sales 50 3. Depreciation for the math 200 4. Services related to carned service revenue of $1.220 was performed Instructions a. Enter the November lalances in the ledger accounts b. Journaline the November transactions c. Post to the ledger accounts. Use Jl for the posting reference. Use the following additional account No 407 Service Revenue, No. 615 Depreciation Expense. No. 631 Supplies Expeme, No. 726 Salaries and Wages Expense, and No. 729 Rent Expense d. Prepare a trial balance at November 30, e. Journalize and post adjusting entries. I. Prepare an adjusted trial balance . Prepare an income statement and an owner's equity statement for November and a balance sheet at November 30 d. Trial balance $25,650 Adj, trial balance $26,200 Net income 51,770; Ending capital $15.720 Total assets $19.250 "PAGA (LO 2, 3, 4, 5 Financial Statement Cabeleire Gractics Company was organized ca January 1, 2020, by Gabriel Media. At the end of the line 6 months of operations, the trial balance Prepare adjusting entries, aded trial balance and conten wing appendi
