Question
Presented below is the trial balance of the Bonita Golf Club, Inc. as of December 31. The books are closed annually on December 31. BONITA
Presented below is the trial balance of the Bonita Golf Club, Inc. as of December 31. The books are closed annually on December 31.
| BONITA GOLF CLUB, INC. TRIAL BALANCE DECEMBER 31 | ||||||
| Debit | Credit | |||||
| Cash | $16,630 | |||||
| Accounts Receivable | 14,600 | |||||
| Allowance for Doubtful Accounts | $1,100 | |||||
| Prepaid Insurance | 9,240 | |||||
| Land | 367,100 | |||||
| Buildings | 150,000 | |||||
| Accumulated Depreciation-Buildings | 37,971 | |||||
| Equipment | 161,600 | |||||
| Accumulated Depreciation-Equipment | 74,040 | |||||
| Common Stock | 361,600 | |||||
| Retained Earnings | 176,272 | |||||
| Dues Revenue | 211,700 | |||||
| Green Fees Revenue | 6,187 | |||||
| Rent Revenue | 18,700 | |||||
| Utilities Expenses | 58,700 | |||||
| Salaries and Wages Expense | 81,400 | |||||
| Maintenance and Repairs Expense | 28,300 | |||||
| $887,570 | $887,570 | |||||
Part 1
Enter the balances in ledger accounts.
| Cash | |||
| Bal. Bal. | Bal. Bal. | ||
| Accounts Receivable | |||
| Bal. Bal. | Bal. Bal. | ||
| Allow. for Doubtful Accts. | |||
| Bal. Bal. | Bal. Bal. | ||
| Land | |||
| Bal. Bal. | Bal. Bal. | ||
| Buildings | |||
| Bal. Bal. | Bal. Bal. | ||
| Accum. Depr.Buildings | |||
| Bal. Bal. | Bal. Bal. | ||
| Equipment | |||
| Bal. Bal. | Bal. Bal. | ||
| Prepaid Insurance | |||
| Bal. Bal. | Bal. Bal. | ||
| Common Stock | |||
| Bal. Bal. | Bal. Bal. | ||
| Retained Earnings | |||
| Bal. Bal. | Bal. Bal. | ||
| Dues Revenue | |||
| Bal. Bal. | Bal. Bal. | ||
| Green Fees Revenue | |||
| Bal. Bal. | Bal. Bal. | ||
| Rent Revenue | |||
| Bal. Bal. | Bal. Bal. | ||
| Utilities Expenses | |||
| Bal. Bal. | Bal. Bal. | ||
| Salaries and Wages Expense | |||
| Bal. Bal. | Bal. Bal. | ||
| Maintenance and Repairs Expense | |||
| Bal. Bal. | Bal. Bal. | ||
| Accum. Depr.Equipment | |||
| Bal. Bal. | Bal. Bal. | ||
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Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
22nd Edition
324401841, 978-0-324-6250, 0-324-62509-X, 978-0324401844
