Requirement General Journal General Ledger Trial Balance Income Statement St Retained Earnings Use the drop-downs to select the accounts properly included on the income st balances will appear for each account, based on your selection. Adjusted Sok MOBILITY SOLUTIONS Income Statement For Three Months Ended December 31, 2019 int 44,400 1,860 Fences $ 46,260 Revenues: Computer services revenue Repairs expense - Computer Total revenues Expenses: Advertising expense Computer supplies expense Depreciation expense - Office equipment Depreciation expense - Computer equipment Insurance expense Insurance expense Mileage expense Miscellanous expenses Rent expense Repairs expense - Computer Wages expense Total expenses 3,170 3,950 640 1,410 780 780 1,044 470 5,775 1,860 4,340 24,219 A. Prev 1 of 1 MacBook Pro edger Ch.3 The November 30, 2018, unadjusted trial balance of Mobility Solutions is found in the Trial balance tab. Mobility Solutions had the following transactions and events in December 2018 Dec. 2 Paid $1,360 cash to Westview Mall for Mobility Solutions' share of mall advertising costs. Dec. 3 Paid 5720 cash for minor repairs to the company's computer. Dee. 4 Received 56,800 cash from Masters Engineering Co. for the receivable from November Dec. 10 Paid cash to Isabella Walsh for six days of work at the rate of $140 per day. Dec. 14 Notified by Masters Engineering Co. that Mobility Solutions bid of $8,100 on a proposed project has been accepted. Masters paid a $2,050 cash advance to Mobility Solutions Dee. 15 Purchased $2,200 of computer supplies on credit from Marshall office Products. Dec. 16 Sent a reminder to Brady Co. to pay the fee for services recorded on November 8. Dec. 20 Completed a project for Jones Corporation and received $7,800 cash. Dec. 22- Took the week ott for the holidays. 26 Dee. 28 Received $4,200 cash from Brady Co. on its receivable. Dec. 29 Reimbursed R. Walsh for business automobile mileage 700 miles at 50.32 per mile). Dec. 31 The company paid $2,600 cash in dividends. The following additional facts are collected for use in making adjusting entries prior to preparing financial statements for the company's first three months: a. The December 31 inventory count of computer supplies shows $1,460 still available. b. Three months have expired since the 12-month insurance premium was paid in advance. c. As of December 31, Isabella Walsh has not been paid for four days of work at $140 per day d. The computer system, acquired on October 1, is expected to have a four-year life with no salvage value. e. The office equipment, acquired on October 1, is expected to have a five-year life with no salvage value. f. Three of the four months' prepaid rent has expired. General General Income St Retained Impact on Requirement Ledger Trial Balance Statement Earnings Balance Sheet Income Use the drop-downs to select the accounts properly included on the income statement. The unadjusted or adjusted balances will appear for each account, based on your selection Prey 1 of 1 !!! Next MacBook Pro Q Search or type URL @ # 3 2 $ 4 5 6 & 7 8 9 0 W E R . Y U 0 S c Requirement General Journal General Ledger Trial Balance Income Statement St Retained Earnings Balance Sheet You may view either the unadjusted or adjusted trial balance by choosing from the drop-down box below. Your choice will determine the reported values on the financial statement tabs. Impact on Income Adjusted MOBILITY SOLUTIONS Trial Balance December 31, 2019 Account Title Cash Debit 54 336 Credit s 6.000 1,480 2,340 1,925 12,800 + Accounts receivable Computer supplies Prepaid insurance Prepaid rent office equipment Accumulated depreciation - Office equipment Computer equipment Accumulated depreciation - Computer equipment Accounts payable Wages payable Uneamed computer services revenue Common stock Dividends 640 22,560 1.410 2,200 560 2,050 84,000 10,400 Prey 1 of 1 Next > Macro Requirement General Journal General Ledger Trial Balance Income Statement St Retained Earnings Use the drop-downs to select the accounts properly included on the income st balances will appear for each account, based on your selection. Adjusted Sok MOBILITY SOLUTIONS Income Statement For Three Months Ended December 31, 2019 int 44,400 1,860 Fences $ 46,260 Revenues: Computer services revenue Repairs expense - Computer Total revenues Expenses: Advertising expense Computer supplies expense Depreciation expense - Office equipment Depreciation expense - Computer equipment Insurance expense Insurance expense Mileage expense Miscellanous expenses Rent expense Repairs expense - Computer Wages expense Total expenses 3,170 3,950 640 1,410 780 780 1,044 470 5,775 1,860 4,340 24,219 A. Prev 1 of 1 MacBook Pro edger Ch.3 The November 30, 2018, unadjusted trial balance of Mobility Solutions is found in the Trial balance tab. Mobility Solutions had the following transactions and events in December 2018 Dec. 2 Paid $1,360 cash to Westview Mall for Mobility Solutions' share of mall advertising costs. Dec. 3 Paid 5720 cash for minor repairs to the company's computer. Dee. 4 Received 56,800 cash from Masters Engineering Co. for the receivable from November Dec. 10 Paid cash to Isabella Walsh for six days of work at the rate of $140 per day. Dec. 14 Notified by Masters Engineering Co. that Mobility Solutions bid of $8,100 on a proposed project has been accepted. Masters paid a $2,050 cash advance to Mobility Solutions Dee. 15 Purchased $2,200 of computer supplies on credit from Marshall office Products. Dec. 16 Sent a reminder to Brady Co. to pay the fee for services recorded on November 8. Dec. 20 Completed a project for Jones Corporation and received $7,800 cash. Dec. 22- Took the week ott for the holidays. 26 Dee. 28 Received $4,200 cash from Brady Co. on its receivable. Dec. 29 Reimbursed R. Walsh for business automobile mileage 700 miles at 50.32 per mile). Dec. 31 The company paid $2,600 cash in dividends. The following additional facts are collected for use in making adjusting entries prior to preparing financial statements for the company's first three months: a. The December 31 inventory count of computer supplies shows $1,460 still available. b. Three months have expired since the 12-month insurance premium was paid in advance. c. As of December 31, Isabella Walsh has not been paid for four days of work at $140 per day d. The computer system, acquired on October 1, is expected to have a four-year life with no salvage value. e. The office equipment, acquired on October 1, is expected to have a five-year life with no salvage value. f. Three of the four months' prepaid rent has expired. General General Income St Retained Impact on Requirement Ledger Trial Balance Statement Earnings Balance Sheet Income Use the drop-downs to select the accounts properly included on the income statement. The unadjusted or adjusted balances will appear for each account, based on your selection Prey 1 of 1 !!! Next MacBook Pro Q Search or type URL @ # 3 2 $ 4 5 6 & 7 8 9 0 W E R . Y U 0 S c Requirement General Journal General Ledger Trial Balance Income Statement St Retained Earnings Balance Sheet You may view either the unadjusted or adjusted trial balance by choosing from the drop-down box below. Your choice will determine the reported values on the financial statement tabs. Impact on Income Adjusted MOBILITY SOLUTIONS Trial Balance December 31, 2019 Account Title Cash Debit 54 336 Credit s 6.000 1,480 2,340 1,925 12,800 + Accounts receivable Computer supplies Prepaid insurance Prepaid rent office equipment Accumulated depreciation - Office equipment Computer equipment Accumulated depreciation - Computer equipment Accounts payable Wages payable Uneamed computer services revenue Common stock Dividends 640 22,560 1.410 2,200 560 2,050 84,000 10,400 Prey 1 of 1 Next > Macro