Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Saved mework Problems: Accounting Cycle... General Ledger Account Cash Supplies Debit No. Debit Credit Credit No. Date Jun 30 Balance 18,500 Date Jun 30 Balance

image text in transcribed
image text in transcribed
Saved mework Problems: Accounting Cycle... General Ledger Account Cash Supplies Debit No. Debit Credit Credit No. Date Jun 30 Balance 18,500 Date Jun 30 Balance 9,900 Prepaid insurance Debit Credit Equipment Debit Date No. No. Date Credit Balance 7,200 Balance 132,000 Jun 30 Jun 30 Accounts payable No. Accumulated depreciation - Equipment Date Debit Credit Jun 30 No. Debit Credit Balance 26,250 Date Jun 30 Balance 6,800 Long-term notes payable Debit Credit V. Ace, Capital Debit Credit No. No. Date Jun 30 Balance 25,000 Date Jun 30 Balance 88,660 Construction fees earned . V. Ace, Withdrawals Debit Credit No. Date No. Debit Credit Balance 33,000 Date Jun 30 Balance 132, 100 Jun 30 ework Problems: Accounting Cycle ... Saved Hel Wages expense Debit Credit Interest expense Debit Credit No. Date No. Balance 46,860 Jun 30 Date Jun 30 Balance 2.750 Rent expense No. Debit Property taxes expense Debit Credit Credit Date Jun 30 No. Date Balance 12,000 Balance 7,800 Jun 30 Repairs expense Debit Credit No. Date Jun 30 Utilities expense Debit Credit No. Balance 2,910 Date Jun 30 Balance 5,890 (General Journal Trial Balance > Saved mework Problems: Accounting Cycle... General Ledger Account Cash Supplies Debit No. Debit Credit Credit No. Date Jun 30 Balance 18,500 Date Jun 30 Balance 9,900 Prepaid insurance Debit Credit Equipment Debit Date No. No. Date Credit Balance 7,200 Balance 132,000 Jun 30 Jun 30 Accounts payable No. Accumulated depreciation - Equipment Date Debit Credit Jun 30 No. Debit Credit Balance 26,250 Date Jun 30 Balance 6,800 Long-term notes payable Debit Credit V. Ace, Capital Debit Credit No. No. Date Jun 30 Balance 25,000 Date Jun 30 Balance 88,660 Construction fees earned . V. Ace, Withdrawals Debit Credit No. Date No. Debit Credit Balance 33,000 Date Jun 30 Balance 132, 100 Jun 30 ework Problems: Accounting Cycle ... Saved Hel Wages expense Debit Credit Interest expense Debit Credit No. Date No. Balance 46,860 Jun 30 Date Jun 30 Balance 2.750 Rent expense No. Debit Property taxes expense Debit Credit Credit Date Jun 30 No. Date Balance 12,000 Balance 7,800 Jun 30 Repairs expense Debit Credit No. Date Jun 30 Utilities expense Debit Credit No. Balance 2,910 Date Jun 30 Balance 5,890 (General Journal Trial Balance >

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

Quality Auditing In Construction Projects

Authors: Abdul Razzak Rumane

1st Edition

1032570245, 978-1032570242

More Books

Students also viewed these Accounting questions

Question

How did you feel about taking piano lessons as a child? (general)

Answered: 1 week ago