Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Please answer the below questions in the form of below journal entry : begin{tabular}{|l|l|l|l|l|l|l|} hline 40 & Jun 30 & & & & hline
Please answer the below questions in the form of below journal entry:
\begin{tabular}{|l|l|l|l|l|l|l|} \hline 40 & Jun 30 & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|r|r|r|l|l|l|l|} \hline 42 & Jun 30 & 5150 & Income Tax Expense & & \\ \hline 42 & Jun 30 & 2106 & Income Taxes Payable & Need a Description & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|r|r|r|l|l|l|l|} \hline 43 & Jun 30 & 4100 & Computer \& Consulting Revenue & 34,800.00 & & \\ \hline 43 & Jun 30 & 3400 & Income Summary & Need a Description & 34,800.00 \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|r|r|r|l|l|l|l|} \hline 45 & Jun 30 & 3400 & Income Summary & & \\ \hline 45 & Jun 30 & 3200 & Retained Earnings & Need a Description & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{r|l|l|l|l|l|l|l|l|} \hline 46 & Jun 30 & 3200 & Retained Earnings & & \\ \hline 46 & Jun 30 & 3300 & Dividends & Need a Description & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} PublicBank Byte of Accounting P.O. Box 5551212, Miami, Florida 33999 123 Speed Lane Ph \# (305) 555-1212 Miami, Florida 33999 Previous Balance Account Number Deposits/Credits SlatementDate 33999999 6/30/202x ChecksIDebits Ending Balance 169,508.10 73,360.00 96,148.10 96,148.10 Activity in date order \begin{tabular}{|l|l|l|l|l|l|l|} \hline 40 & Jun 30 & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|r|r|r|l|l|l|l|} \hline 42 & Jun 30 & 5150 & Income Tax Expense & & \\ \hline 42 & Jun 30 & 2106 & Income Taxes Payable & Need a Description & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|r|r|r|l|l|l|l|} \hline 43 & Jun 30 & 4100 & Computer \& Consulting Revenue & 34,800.00 & & \\ \hline 43 & Jun 30 & 3400 & Income Summary & Need a Description & 34,800.00 \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{|r|r|r|l|l|l|l|} \hline 45 & Jun 30 & 3400 & Income Summary & & \\ \hline 45 & Jun 30 & 3200 & Retained Earnings & Need a Description & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} \begin{tabular}{r|l|l|l|l|l|l|l|l|} \hline 46 & Jun 30 & 3200 & Retained Earnings & & \\ \hline 46 & Jun 30 & 3300 & Dividends & Need a Description & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \end{tabular} PublicBank Byte of Accounting P.O. Box 5551212, Miami, Florida 33999 123 Speed Lane Ph \# (305) 555-1212 Miami, Florida 33999 Previous Balance Account Number Deposits/Credits SlatementDate 33999999 6/30/202x ChecksIDebits Ending Balance 169,508.10 73,360.00 96,148.10 96,148.10 Activity in date orderStep 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