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Please include debit and credit in journal entries and also include the numbers needed in other questions given. As last repsonse i recieved did not
Please include debit and credit in journal entries and also include the numbers needed in other questions given. As last repsonse i recieved did not have the numbers.
CNA Industrial Group Trail Balance December 19, 2021 Account Titles Debit Balance Credit $10,000 $3,000 $2,000 $100,000 - Cash...... Accounts receivable. Supplies...... Building. Accumulated amortization - building. Salaries payable Unearned service revenue.. Accounts payable.... Capital...... Withdrawals. Service revenue.. Supplies expense. Salaries expense. Miscellaneous expense Amortization expense -building.... Total....... $20,000 $2,000 $3,000 $4,000 $82,000 $8,000 ... $20,000 HERRER $0 $4,000 $4,000 $0 $131,000 $131,000 During December, the business engaged in the following transactions: a) Purchased supplies on account, $1,000. b) Performed service for a customer and received cash of $1,000. c) The owner withdrawals $1,000. On December 31", the following adjusting entries are necessary: d) A count of supplies shows $1,500 of unused supplies on hand on December 31*. e) Amortization for the year on building is $5,000 f) Salaries accrued at December 31, 2020, amounted to $1,000 g) Service revenue that must be accrued, $3,000 1. Journalize transactions a-g. Identify journal entries by their transaction letter (Instead of date). 2. Open T-Accounts and post transactions to the accounts (include the end balance with each T-Account). 3. Prepare the income statement, the statement of owner's equity, and the balance sheet. Journal DATE 2021 ACCOUNT TITLES AND EXPLANATIONS POST. REF. DEBIT CREDIT Step by Step Solution
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