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Please help with General Journal too!! Thank you Account Name Cash Accounts Receivable Prepaid Rent Supplies Equipment BILL'S BOARDS Unadjusted Trial Balance At September 30
Please help with General Journal too!! Thank you
Account Name Cash Accounts Receivable Prepaid Rent Supplies Equipment BILL'S BOARDS Unadjusted Trial Balance At September 30 Debits Credits Notes $12,680 This balance equals the balance reported by the bank 1,120 A customer ordered $1,120 of advertising Services to be provided in October. The accountant recorded this Service by debiting Accounts Receivable and Crediting Service Revenue. 1,280 Starting January 1, BB agreed to pay $1,920 cash to rent the land on which its billboards are located for the January-December period. The accountant adjusted this account on April 30 but has not adjusted it since. BB still has supplies costing $420 on hand on September 30. 18,888 BB bought scaffolding and billboards in October last year. Because the equipment was bought at the beginning of the fiscal year, no depreciation is carried forward from prior years. 3,620 BB purchased and received $3.620 of supplies used for creating advertising displays. The supplier is to be paid in October. 1,410 This balance relates to $1,410 cash paid by a customer in August for advertising from September 1- November 30. BB's employees are still waiting to be paid for the last half of September 410 BB hasn't paid the $410 tax Owed from the last fiscal year. 1,910 BB has issued 3.820 shares for $1.910 cash. 7.229 38 started business a few years ago, so this is the total accumulated earnings up to October 1 of last Accumulated Depreciation Accounts Payable Deferred Revenue Salaries and Wages Payable Income Tax Payable Common Stock Retained Earnings year. Service Revenue 64,660 Salaries and Wages Expense 47,200 Depreciation Expense BB has provided $3,810 of services for which it hasn't yet billed customers or recorded in its accounting records. BB's employees earn $5,200 per month. The employees were paid in full on August 31, and were paid again on September 15. About $2.500 of the usefulness of the equipment's $19,eee cost has been used up during the current fiscal year. BB incurs a small cost to rent the land on which its billboards are located. Rent for the current year has been paid in full. BB's accountant expensed $5.920 of supplies purchased during the year because he assumed the supplies would be completely used by year-end. As noted above, he was wrong. BB's tax rate is 2ex of income before tax. Rent Expense 1, 110 Supplies Expense 5,920 Income Tax Expense Totals 579,228 $78,28 579,23 Requirement General Journal General Ledger Trial Balance Income Statement Statement of Retained Earnings Balance Sheet Use the drop-down to select the accounts properly included on the income statement. The unadjusted and adjusted balances will appear for each account based on your selection. Unadjusted - BILL'S BOARDS Income Statement For the Year Ended September 30 Requirement General Journal General Ledger Trial Balance Income Statement Statement of Retained Balance Sheet Use the dropdowns to select the accounts properly included on the classified balance sheet. The unadjusted and adjusted balances will appear for each account, based on your selection. Unadjusted - BILL'S BOARDS INC. Balance Sheet At September 30 Equipment, NetStep by Step Solution
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