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Return to question 3 Part 1 of 3 Required Information [The following information applies to the questions displayed below.) Sye Chase started and operated a

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Return to question 3 Part 1 of 3 Required Information [The following information applies to the questions displayed below.) Sye Chase started and operated a small family architectural firm in Year 1 The firm was affected by two events: (1) Chase provided $24.200 of services on account, and a he purchased $3,900 of suppiles on account. There were $950 of supplies on hand as of December 31, Yesri 3.75 gorta Required a. b. &e. Record the two transactions in the accounts. Record the required year-end adjusting entry to reflect the use of supplies and the required closing entries. Post the entries in the T-accounts and prepare a post closing trial balance. (Select "st, o2, or b" for the transactions in the order they take place. Select "cl" for closing entries. If no entry is required for a transaction levent select "No Journal entry required in the first account field.) Answer is not complete Account Rosalvable Supplies Beg Bel Bog. Bali a1 24 200 3.900 2960 End. Bal 24200 End. Bali 960 Accounts Payablo Retained Earnings BBS 12 Bog Bal Id 3.900 96024200 End. Bol 3.900 End. Bal. 23.250 Service Revenue Bupplies Expande Beg Bal d Beg Bei 24200 24200 12 3 2.950 2.950 End. Bal End. Bal. 0 Answer is not complete General Journal Credit No 1 Date Dec 31 Debit 24200 Service revenue Supplies exc x 24 200 2 Dec 31 3.900 Accounts payabi Rated carings > MC Gw Return to quuation 3 ---------- Required information Supplies Part 1 of 3 Account Receivable Bogel a1 at 24 200 Beg Bal 12 3900 2960 3.75 End. Bal 24200 End. Bal. 930 Accounts Payable Retained Earnings Bog Bal . 22 1 Bog. Be d x 3 3.900 96024200 End. Bal 3.900 End. Bal 23.250 Service Revenue Bupplies Expanse Bog. Bal 24200 24200 Beg Bal 12 2.960 2.950 End. Bal 0 End. Be 0 Answer is not complete, No Date General Journal Credit Debit 24200 Dec 31 Services Supplies on X 24 200 2 Dec 31 x 3.900 Accounts payable Rated carmings x Answer is not complete. CHASE ARCHITECTURAL SERVICES Post-Clocing Trial Balance Dacamber 31, Year 1 Accounties Debit Credit Cash $ 24,000 Supplies 960 x Accounts payable Return to question 3 Part 1 of 3 Required Information [The following information applies to the questions displayed below.) Sye Chase started and operated a small family architectural firm in Year 1 The firm was affected by two events: (1) Chase provided $24.200 of services on account, and a he purchased $3,900 of suppiles on account. There were $950 of supplies on hand as of December 31, Yesri 3.75 gorta Required a. b. &e. Record the two transactions in the accounts. Record the required year-end adjusting entry to reflect the use of supplies and the required closing entries. Post the entries in the T-accounts and prepare a post closing trial balance. (Select "st, o2, or b" for the transactions in the order they take place. Select "cl" for closing entries. If no entry is required for a transaction levent select "No Journal entry required in the first account field.) Answer is not complete Account Rosalvable Supplies Beg Bel Bog. Bali a1 24 200 3.900 2960 End. Bal 24200 End. Bali 960 Accounts Payablo Retained Earnings BBS 12 Bog Bal Id 3.900 96024200 End. Bol 3.900 End. Bal. 23.250 Service Revenue Bupplies Expande Beg Bal d Beg Bei 24200 24200 12 3 2.950 2.950 End. Bal End. Bal. 0 Answer is not complete General Journal Credit No 1 Date Dec 31 Debit 24200 Service revenue Supplies exc x 24 200 2 Dec 31 3.900 Accounts payabi Rated carings > MC Gw Return to quuation 3 ---------- Required information Supplies Part 1 of 3 Account Receivable Bogel a1 at 24 200 Beg Bal 12 3900 2960 3.75 End. Bal 24200 End. Bal. 930 Accounts Payable Retained Earnings Bog Bal . 22 1 Bog. Be d x 3 3.900 96024200 End. Bal 3.900 End. Bal 23.250 Service Revenue Bupplies Expanse Bog. Bal 24200 24200 Beg Bal 12 2.960 2.950 End. Bal 0 End. Be 0 Answer is not complete, No Date General Journal Credit Debit 24200 Dec 31 Services Supplies on X 24 200 2 Dec 31 x 3.900 Accounts payable Rated carmings x Answer is not complete. CHASE ARCHITECTURAL SERVICES Post-Clocing Trial Balance Dacamber 31, Year 1 Accounties Debit Credit Cash $ 24,000 Supplies 960 x Accounts payable

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