PLEASE SOLVE FOR EVERYTHING HIGHLIGHTED IN RED!!!
Question 1 of 1 5.62/10 El Payable 15000 Employee Income To Payable 49000 93000 ba Solares Expeme 290000 Employee Income Tax Payable 9000 CPPPayable 1977 El Payable 4698 221527 6b 14795 CI Pavabile 657 7 9000 9000 Bat Accounts Receivable 900000 055000 45000 Refund liability (To record sales) Cost of Goods Sold 8b 213750 11250 225000 Estimated Inventory Returns Inventor (To record Cost of Goods Sold) Casti 9 780000 Accounts Receivable 780000 10 Allowance for Doubtful Accounts 16000 Accounts Receivable 16000 11 Bad Debts Expert 24000 Allowance for Douth Accounts 24000 12 Inventory 210000 Acons Pwable 210000 126 Administrative Exentes 40000 counts Payable 40000 Question 1 of 1 5.62 / 10 13 Accounts Payable 335000 Cash 335000 16. Refund Liability 36000 Accounts Receivable 36000 Inventory 9000 Estimated Inventory Returns 9000 17. Dividends Declared 4000 Cash 4000 Adjustments: Debit Credit Item Account Titles and Explanation 2. Interest Expense 2974 Interest Payable 3. trance Expert 2000 4. Depreciation Expense 44000 Accumulated Depreciation Equipment 44000 14. Administrative Expenses 26000 Provisions 26000 150 Deferred Revenue 2000 Sale 2000 135 Cost of Goods Sold 500 Inventory Question 1 of 1 5.627 10 Your Answer Correct Answer Your answer is partially correct. Post the journal entries from part (b) to the accounts. (Post entries in the order of journal entries presented in the previous part.) Cash Dec. 31 Bal. 70,000 1 12000 780000 3. 24000 93000 5. 6. . 221527 9000 13 335000 17 4000 Bal 151473 Accounts Receivable Dec. 31 Bal. 440,000 9. 780000 B 900000 10 16000 16. 36000 Bal 508000 uestion 1 of 1 5.62/10 Allowance for Doubtful Accounts 16000 Dec. 31 Bal. 10. 22,000 11. 24000 Bal. 30000 Inventory Dec. 31 Bal. 353,000 8. 225000 12 210000 15 500 16. 9000 Bal. 346500 Estimated Inventory Returns 10.000 16. Dec 31 9000 . 11250 Bal 12250 Prepaid Insurance Dec. 31 Bal. 0 3. 2000 24000 BAL 22000 Dec 31 Bal Equipment 1.800,000 Accumulated Depreciation - Equipment Dec. 31 Bal. 480,000 + Chapter 10 assignment Question 1 of 1 > 5.62/10 Accumulated Depreciation - Equipment Dec. 31 Bal 480,000 44000 Bal 524000 Accounts Payable 13 335000 Dec 31 Bal. 261,000 12 210000 12 40000 Bal 176000 Interest Payable 4000 Dec. 31 Bal. 4,000 2975 Bal 2965 Employee Income Tax Payable 47000 Dec 31 Bal. 49,000 6. Bal CPP Payable 29000 Dec 31 Bal 29,000 8-55 PM Fri Nov 27 9 1256 assessment.education wiley.com Chapter 10 assignment Question 1 of 1 > 5.62/10 E Bal 29550 El Payable 15000 Dec. 31 Bal. 15.000 4698 6 6577 Bal. 11275 Provisions Dec 31 Bal. 30,000 14 26000 Bal 56000 Refund Liability 36000 Dec. 31 Bat 18. 40.000 . 45000 Bal 49000 Deferred Revenue 15 2000 Dec. 31 Bal 10.000 Bank Loan Payable Dec 31 Bal 1.200,000 Bal 1122000 Shades Question 1 of 1 5.62/10 Common Shares Dec. 31 Bal. 60,000 Retained Earnings Dec 31 Bal. 473,000 Dividends Declared 17 4000 Bal 4000 Sales 8. 855000 15 2000 Bal 857000 Cost of Goods Sold 253750 15 500 Bal 214250 Administrative Expenses 12 40000 26000 8000 Salaries Expense 20000 + Chapter 10 assignment Question 1 of 1 > 5.62/10 Salaries Expense 6 290000 Bal 290000 Employee Benefits Expense 21352 Bal. 21352 Insurance Expense 2000 Bal 2000 Depreciation Expense 44000 Bal 000 Bad Debts Expense 11 24000 Bal 24000 Interest Expense 2976 2977 Income Tax Expense 7 (d) Your answer is partially correct. Prepare an adjusted trial balance at January 31, 2021. CONCORD LTD. Adjusted Trial Balance January 31, 2021 Debit Credit S Accounts Receivable 508000 Allowance for Doubtful Accounts 3000 Inventory 346500 Estimated Inventory Returns 12250 Prepaid 22000 nument 180000 Named Detection Equipment 574000 Aronunts Payable 176000 Interest Payable Employee Income Tax Payable 49000 CPD Payable 2955 El Payable 11275 Provisions 56000 Rolund Liability 49000 Deferred Revenue 8000 Bank Loan Payable 11.2000 Common Share 00000 Retained and 173000 Dividends Declared Sale 57000 Contot Goods Sold Administre Extis 66000 Employee Bervefits Expense 21352 Insurance Expense 2000 Depreciation Expense 44000 Bad Debts Expo 24000 Interest Expense Income To Experte 9000
