Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Record the appropriate journal entry to reflect the following: Unearned revenue, customer deposits still unearned at December 31. $3,125. Veggies-R-Us. Trial Balance December 31,20xX P1dit

image text in transcribed
image text in transcribed
Record the appropriate journal entry to reflect the following: Unearned revenue, customer deposits still unearned at December 31. $3,125. Veggies-R-Us. Trial Balance December 31,20xX P1dit Dehit $26,750 47,630 250 1,680 8,700 113,520 15,350 Cash Accounts receivable lowance for doubtful accounts Prepaid rent Supplies Investments Furniture cumulated depreciation 12,300 Ac furniture Equipment Accumulated depreciation- equipment Building Accumulated depreciation- building Accounts payable Salary payable Unearned revenue, customer deposits 44,600 1,830 89,900 28,600 6,240 25,500 Bonds payable 150,000 6,000 Premium of bonds payable Common stock Retained earnings Dividend:s Revenue 20,000 54,920 5,250 132,400 1 /2

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Assurance And Risk

Authors: W Robert Knechel, Steven E Salterio

4th Edition

1315531720, 9781315531724

More Books

Students also viewed these Accounting questions

Question

What is goodwill? How does it arise?

Answered: 1 week ago

Question

Describe reviewing applications and rsums.

Answered: 1 week ago

Question

Identify the uses of performance appraisal.

Answered: 1 week ago

Question

Discuss selection in a global environment.

Answered: 1 week ago