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Please do this question and show work. I need the opening balances and adjusting entries into T accounts and the adjusted trial balance. ! Required

Please do this question and show work. I need the opening balances and adjusting entries into T accounts and the adjusted trial balance. image text in transcribed
! Required Information The following information applies to the questions displayed below] Pastina Company sells various types of pasta to grocery chains as private label brands. The company's fiscal year-end is December 31. The unadjusted trial balence as of December 31, 2018, appears below Account Title Cash Accounts receivable Supplies Inventory Note receivable Interest receivable Prepaid rent Prepaid insurance Office equipment Accumulated depreciation-office equipment Accounts payable Salaries and wages payable Note payable Interest payable Deferred revenuer Comon stock Retained earnings Sales revenue Interest revenue Cost of goods sold Salaries and wages expense Rent expense Depreciation expense Interest expense Supplies expense Insurance expense Advertising expense Debits 4e,6ee 44,000 1,15e 64,000 17,70e credits 1,3ee 66,000 24,75e 23,e0e e 47,70e e se, eee 16,see 168,8ee 75,s00 15,9ee 7,15e 6se 3,6e0 2.3ee Totals 339,95e 339,950 Information necessary to prepare the year-end adjusting entries appears below 1. Depreciation on the office equipment for the year is $8,250 2. Employee salaries and wages are paid twice a month, on the 22nd for salaries and wages earned from the 1st through the 15th, and on the 7th of the following month for salaries and wages eamed from the 16th through the end of the month. Salaries and wages earned from December 16 through December 31, 2018, were $950 3. On October 1, 2018, Pastina borrowed $47700 from a local bank and signed a note. The note requires interest to be paid annually on September 30 at 12%. The principal is due in 10 years 4 On March 1, 2018, the company lent a supplier $17700 and a note was signed requiring principal and interest at 8% to be paid on February 28, 2019 5. On April 1, 2018, the company paid an insurance company $3,600 for a two-year fire insurance policy. The entire $3,600 was debited to insurance expense 6. $590 of supplies remained on hand at December 31, 2018. 7. A customer paid Pastina $1,140 in December for 950 pounds of spaghetti to be delivered in January 2019. Pastina credited sales revenue. 8 On December 1, 2018, $1,300 rent was paid to the owner of the building. The payment represented rent for December 2018 and January 2019, at $650 per month Required: 1. & 2. Post the opening balances and adjusting entires into the appropriate t-accounts. (Enter the number of the adjusting entry In the column next to the amount, Do not round Intermedlete calculations. Round your final answers to nearest whole dollar.)

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