Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The worksheet of Manning's Landscaping Services follows but is incomplete. The worksheet of Manning's Landscaping Services follows but is incomplete. Click the icon to view

The worksheet of Manning's Landscaping Services follows but is incomplete. image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
The worksheet of Manning's Landscaping Services follows but is incomplete. Click the icon to view the worksheet.) Read the requirements. Manning's Landscaping Services Worksheet December 31, 2018 Unadjusted Trial Balance Adjustments Debit Credit Debit Credit 24,800 6.800 (h) $ 1.000 650 (b) $ 400 3,000 (a) 1,500 55,000 Adjusted Trial Balance Debit Credit $ (c) 800 Account Names Cash Accounts Receivable Office Supplies Prepaid Rent Equipment Accumulated Depreciation Equipment Trucks Accumulated Depreciation-Trucks Accounts Payable Utilities Payable Salaries Payable Interest Payable Unearned Revenue Notes Payable 96,000 (d) 1,600 $ 5.000 760 3 5,500 (9) 160 3,400 3,500(e) 45,000 The worksheet of Manning's Landscaping Services follows but is incomplete. Click the icon to view the worksheet.) Read the requirements. (c) 800 96,000 ) (d) 1,600 $ 5,000 760 3 5,500 (9) 160 3,400 3,500(e) 45,000 106,990 Accumulated Depreciation ---Equipment Trucks Accumulated Depreciation-Trucks Accounts Payable Utilities Payable Salaries Payable Interest Payable Unearned Revenue Notes Payable Common Stock Dividends Service Revenue Rent Expense Salaries Expense Supplies Expense Utilities Expense Depreciation Expense-Equipment Depreciation Expense--Trucks Interest Expense Total 12,000 80,000 (e, h) 4,400 12,000 25,800 1,500 5,500 (1) (b) 400 5,200 800 (c) (d) 1,600 160 (9) 241,250 $ $ 241,250 $ 14,360$ 14,360 Requirement 2. Describe each adjusting entry. For example, a. Prepaid rent expires, $1,500 Select the description that best describes each adjusting entry. The first entry has been completed for you. a. Prepaid rent expired, $1,500. b. G. d. e 9. h. 1 Data table A F G 2. GR 3 4 Adjusted Trial Balance 5 Account Names B D E Manning's Landscaping Services Worksheet December 31, 2018 Unadjusted Trial Balance Adjustments Debit Credit Debit Credit $ 24,800 6,800 (h) $ 1,000 650 (b) $ 400 3,000 (a) 1,500 55,000 Debit Credit (c) 800 6 Cash 7 Accounts Receivable 8 Office Supplies 9 Prepaid Rent 10 Equipment Accumulated Depreciation- 11 Equipment 12 Trucks 13 Accumulated Depreciation --- Trucks 14 Accounts Payable 15 Utilities Payable 16 Salaries Payable 17 Interest Pavable 96,000 (d) 1,600 $ 5,000 760 (0) S 5,500 (a) 160 1 Data table (d) 1,600 $ 5,000 760 (1) 5,500 160 (9) 3,500 | (e) 3,400 45,000 106,990 12,000 13 Accumulated Depreciation-Trucks 14 Accounts Payable 15 Utilities Payable 16 Salaries Payable 17 Interest Payable 18 Uneared Revenue 19 Notes Payable 20 Common Stock 21 Dividends 22 Service Revenue 23 Rent Expense 24 Salaries Expense 25 Supplies Expense 26 Utilities Expense 27 Depreciation Expense-Equipment 28 Depreciation Expense-Trucks 29 Interest Expense 30 Total 80,000 (e, h) 4,400 1,500 12,000 25,800 (a) (0) (b) 5,500 400 5,200 800 (c) (d) 1,600 160 9) $ (9) 241,250 $ 241,250 $ 14,360 $ 14,360

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

Sound Investing, Chapter 17 - Off-Balance-Sheet Shams

Authors: Kate Mooney

1st Edition

0071719393, 9780071719391

More Books

Students also viewed these Accounting questions

Question

=+d) Can you reject the null hypothesis of part c? Explain.

Answered: 1 week ago

Question

Is your management system defined?

Answered: 1 week ago

Question

Do you have a comprehensive communication plan for your strategy?

Answered: 1 week ago

Question

Do you have sufficiently ambitious milestones?

Answered: 1 week ago