Question2.

The following is a partial unadjusted Trial balance

Unadjusted Trial Balance (partial)

1/31/16

ACCOUNTS :

DEBIT

CASH $32,527

Prepaid insurance 1,800

Insurance expense 0

CREDIT

NONE

On, January 1, 2016, Bravo Unlimited purchased a 9month motor vehicle insurance policy for $1,800. Use this information to prepare the Adjusting General Journal entry (without explanation) for January. If no entry is required then write "No Entry Required."- 2.Bravo Unlimited provided accounting services, valued at $5,000, to its clients during the month of January 2016. Formal bills are sent to clients during the first week following the month in which services are provided. Use this information to prepare the General Journal entry (without explanation) for the required end of the month adjustment. If no entry is required then write "No Entry Required." . .

Question 3 (11 points)

The following is a partial unadjusted Trail Balance.

BravoUnlimited

Unadjusted Trial Balance (partial)

3/31/16

Accounts

DEBIT

Cash $27,500

Prepaid Expenses 600

CREDIT

Accounts Payable $15,000

The Prepaid Expenses relate to the machine rent that Bravo pays in February for March. Use this information to prepare the Adjusting General Journal entry (without explanation) for March.

Question 4 (11 points)

The following is a partial unadjusted Trial Balance.

Bravo Unlimited

Unadjusted Trial Balance (partial)

2/29/16

Accounts

DEBIT

Cash $15,500

Supplies 12,400

CREDIT

Accounts Payable $10,500

DEBIT

Supplies Expense 5,000

The Supplies account balance on February 1, 2016 was $1,400. During the month of February Bravo purchased $11,000 of supplies for use in its operations. On February 29, Bravo warehouse chief inventoried supplies and determine the value on hand was $1,500. Use this information to prepare the General Journal entry (without explanation) for the required end of the month adjustment.

Question 5 (11 points)

The following is a partial unadjusted Trial Balance.

Bravo Unlimited

Unadjusted Trial Balance (partial)

3/31/16

Accounts

Debit

Cash $10,500

Accounts Receivable 5,500

CREDIT

Unearned Service Revenue $1,800

Service Revenue 900

As per the unadjusted Trial Balance above, Bravo Unlimited received $1,800 in advance before it provides snow removal & lawn care services to its clients. In March, Bravo performed service in the amount of $450. Use this information to prepare the General Journal entry (without explanation) for the required end of the month adjustment. If no entry is required then write "No Entry Required."

Question 6 (11 points)

The following is a partial unadjusted Trial Balance.

Bravo Unlimited

Unadjusted Trial Balance (partial)

5/31/16

Accounts

DEBIT

Cash $25,000

Wages Expense 30,000

CREDIT

Wages Payable $0

Bravo pays its employee weekly ($1,250 for a five day work week) on Fridays for work completed during that week. May 31 is a Tuesday (Hint: Should record wages expense for 2 days). Use this information to prepare the General Journal entry (without explanation) for the required end of the month adjustment. If no entry is required then write "No Entry Required."

Question 7 (11 points)

The following is a partial unadjusted Trial Balance.

Bravo Unlimited

Unadjusted Trial Balance (partial)

4/30/16

Accounts

DEBIT

Cash $10,500

Interest Expense 300

CREDIT

Accounts Payable $15,000

Interest Payable 0

Loans Payable 20,000

On April 1, Bravo signed a $20,000 loan bearing a 6% interest rate for 3 year. Use this information to prepare the Adjusting General Journal entry (without explanation) for April. If no entry is required then write "No Entry Required."

Question 8 (11 points) Bravo Zulu is a CPA who performs $1,250 services for clients in December, but does not bill those clients until January. Prepared the Adjusting General Journal entry (without explanation) if needed for December 31, 2016. If no entry is required then write "No Entry Required."

Question 9 (12 points) On Tuesday May 31, 2016 the Bravo Company had wages payable of $2,000. Friday, June 3, Bravo paid employee wages of $5,000 for the week (hint: 3,000 is wages expense). Prepare the compound general journal entry (without explanation) needed for June 3, 2016. If no entry is required then write "No Entry Required." Save GJ - 9

Question 4 (11 points)

The following is a partial unadjusted Trial Balance.

Bravo Unlimited

Unadjusted Trial Balance (partial)

2/29/16

Accounts

DEBIT

Cash $15,500

Supplies 12,400

CREDIT

Accounts Payable $10,500

DEBIT

Supplies Expense 5,000

The Supplies account balance on February 1, 2016 was $1,400. During the month of February Bravo purchased $11,000 of supplies for use in its operations. On February 29, Bravo warehouse chief inventoried supplies and determine the value on hand was $1,500. Use this information to prepare the General Journal entry (without explanation) for the required end of the month adjustment.