Pumpkin Spice Hotel Trial Balance For the Month Ending October 31, 20X2 Acct No Name Debit Credit 110 Cash 57,950 120 Accounts Receivable 5,400 125 Supplies Inventory 1600 130 Prepaid Insurance 12.000 150 Equipment 30,000 155 Accumulated Depreciation 5,400 210 Accounts Payable 1,600 220 Wages Payable 200 240 Advanced Deposits 10,000 310 Common Stock 20,000 330 Retained Earnings 77,790 410 Room Revenue 198,750 420 Food Revenue 94,000 510 Wages Expense 94,290 520 Supplies Expense 1,100 530 Insurance Expense 9,000 540 Depreciation Expense 5,400 Hint: You may need to reference the Trial Balance for a few of the adjustments. TOTALS 407.740 407,740 Use the drop down menus to select the accounts, but you will need to type in the figures. Don't forget the date! ! ! Date Description Debit Credit Entry Amount Above is the Trial Balance for the Pumpkin Spice Hotel. Remember, a trial balance reflects the Try Again Try Again ending balance for all accounts as of the date it is prepared. The information provided here is for all the transactions from January 20X2 until October 31, 20X2. Try Again Try Again The accountants for the hotel have not made any adjusting entries yet. You have been hired to Try Again Try Again help the accountants make the adjusting entries as they have a new project and need help Try Again Try Again getting ready to close the books for the month. Try Again Try Again The accountants provide you with the Trial Balance and the following Information: Try Again Try Again The banquet point of sale system was down last night, the last day of the month. A total of $15,000 in food revenue was not recorded but earned the night of 10/31/20X2. The Try Again Try Again customer will be sent an invoice this week. Try Again Try Again A list of the advanced deposits that have not been used was in the stack of paper provided to you for adjustments. The report reflected a total of $7,000. All the deposits Try Again Try Again were for hotel rooms. Try Again Try Again The supplies inventory taken on 10/31/20X2 indicated a total of $532 of supplies still in the storeroom. Try Again Try Again The insurance policy was purchased on October 1, 20X2, for 12 months. One month has Try Again Try Again been used. The new pay period ends on November 5, 20X2. In October, the total number of employees was 10, and the average pay rate was $500 a day per employee. The last paycheck covered the period ending on October 27- The equipment was purchased in January 20X2 and had a useful life of 5 years with no salvage value
