Please use the info given to make a T-account sheet
Calibri Light Merge U JE # Debit Account Credit Account Debit Amount ($) Credit Amount ($) Cash 110,000,000 Common Stock 20,000,000 Additional Paid in Capital 90.000.000 3 prepaid rent 22,000,000 cash 22,000,000 inventory 175,000,000 cash 85,000,000 accounts payable 90,000,000 In office Supplies 8,000,000 accounts payable 8,000,000 6 Property Plant and Equipment 155,000,000 cash 55,000,000 accounts payable 100,000,000 cash 111,550,000 Discount on bounds payable 3,450,000 bonds payable 115,000,000 cash 49,000,000 Unearned Revenue 49,000,000 Information Journal Entries T-Accounts Trial Balance Income Statement Balance Sheet culation Mode: Automatic Workbook StatisticsU WU Debit Account Credit Account Debit Amount ($) Credit Amount ($) patent 13,750,000 cash 13,750,000 10 Account receivable 185,000,000 sales revenue 185,000,000 cost of good sold 95,000,000 inventory 95,000,000 11 treasury stock 3,510,000 cash 3,510,000 Adjusting Entries ADJ1 interst expense 737,917 Discount on bonds payable 19,167 interest payable 718,750 ADJ2 Rent expenses 611,111 prepaid rent 611,111 ADJ3 supplies expenses 3,400,000 supplies 3,400,000 Information Journal Entries T-Accounts Trial Balance Income Statement Balance Sheet culation Mode: Automatic Workbook StatisticsMerge V General V $ v .00 .00 Conditional Formatting Styles v fx B C E F K M N O P Q R S TU V W X Y Z Bad Debt Expense Debits Credits Property Plant and Equipment Bond Payable Debits Credits Debits Credits Supplies Expense Debits Credits Accumulated Depreciation Debits Discount/Premium Credits Debits Credits Interest Expense Debits Credits Patent Debits Credits +Sales Revenue Cost of Goods Sold Debit Credits Debits Credits Rent Expense Debits Credits Salaries and Wages Expense Debits Credits Payroll Tax Expense Debits Credits Depreciation Expense + Debits Credits Amortization Expense (Patent) Debits Credits Dohits Bad Debt Expense CreditsHome Insert Draw Page Help Editing Calibri Light 11 v A ap Merg U Debit Account Credit Account Debit Amount ($) Credit Amount ($) DJ4 unearned Revenue 24,500,000 sales revenue 24,500,000 cost of good sold 17,500,000 inventory 17,500,000 DJ5 bad debt expense 13,875,000 allowance for doubtful account 13,875,000 DJ6 salaries expense 5,600,000 Federal Income taxes payable 616,000 state income taxes payable 313,600 fica payable 428,400 salaries payable 4,242,000 payroll tax expense 428,400 fica payble 428.400 DJ7 depreciation expense 638,889 accumulated depreciation 638.889 DJ8 amortization expense 63,657 accumulated amortization 63,657 DJ9 DJIfx K M N O P D E F G H B C Ensure the "Check" amount is - 0 - after each journal entry has been recorded. Furthermore, please record the numeric value of the journal entry in the tan area highlighted for each T-account. neck Accounts Payable Common Stock Cash Credits Debits Credits Debits Credits Debits 20,000,000 Entry #1 Entry #1 110,000,000 20,000,000 110,000.000 Accounts Receivable Unearned Revenue Additional Paid In Capital Debits Credits Debits Credits Debits Credits 90 DOO,000 Entry #1 90,000,000 26 Allowance for Doubtful Accounts Salaries and Wages Payable Treasury Stock 27 Debits Credits Debits Credits Debits Credits 28 29 30 31 33 37 Inventory Debits FICA Withholding Payable Credits Debits Retained Earnings 38 Credits Debits Credits 39 40 41 43 44 45 46 47 Supplies Debits 48 Credits Debits Federal Income Tax Payable Credits 49 uJug 55 56 Debits Pre-Paid Expense Credits Debits State Income Tax Payable Credits Information Journal Entries T-Accounts Trial Balance Calculation Mode: Automatic Income Statement Balance Sheet Workbook Statistics +
