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This is a very large accounting problem, It's due on Tuesday but would like am answer asap since it's such a lengthy problem. Here it
This is a very large accounting problem, It's due on Tuesday but would like am answer asap since it's such a lengthy problem. Here it is.
TOWNE CLEANERS CHART OF ACCOUNTS OWNER'S EQUITY 301 350 370 Patricia Towne, Capital Patricia Towne, Drawing Income Summary 102 Cash Payroll Account 103 Change Funcd 105 Petty Cash Fund 110 Accounts Receivable 370 Income Summary 115 office Supplies 120 Cleaning Supplies 125 Prepaid Insurance REVENUE 401 402 410 411 Cleaning Service Income Alterations Incom Tuxedo Rental Income Interest Income 150 Delivery Van 151 Accumulated Depreciation, 160 161 Furniture & Fixtures Accumulated Depreciation, Furniture & Fixtures EXPENSES 501 505 508 510 515 517 520 521 530 535 555 560 Wages Expense Payroll Tax Expense Rent Expense, Building Utilities Expense Advertising Expense Cash Short/(Over) Cleaning Equipment Repair Expense Office Equipment Repair Expense Contributions Expense Insurance Expense Depreciation Expense, Delivery Van Depreciation, 165 Cleaning Equipment 166 Accumulated Depreciation, Cleaning Equipment 170 Office Equipment 171 Accumulated Depreciation, Office Equipment LIABILITIES 201 Accounts Payable 210 215 Wages Payable Employees' Federal Income Tax Payable Employees' State Income Furniture & Fixtures 565 Depreciation Expense 216 Cleaning Equipment 570 Depreciation Expense Tax Payable 220 FICA Social Security Payable Office Equipment Delivery Expense Delivery Van Operating Expense Interest Expense Office Supplies Expense Cleaning Supplies Expense FICA Medicare Tax Payable 225 230 Employees' Medical 576 577 580 590 591 599 Miscellaneous Expense Insurance Payable 235 Federal Unemployment 240 245 Tax Payable State Unemployment Tax Payable Note Payable, Delivery Van 3 TOWNE CLEANERS CHART OF ACCOUNTS OWNER'S EQUITY 301 350 370 Patricia Towne, Capital Patricia Towne, Drawing Income Summary 102 Cash Payroll Account 103 Change Funcd 105 Petty Cash Fund 110 Accounts Receivable 370 Income Summary 115 office Supplies 120 Cleaning Supplies 125 Prepaid Insurance REVENUE 401 402 410 411 Cleaning Service Income Alterations Incom Tuxedo Rental Income Interest Income 150 Delivery Van 151 Accumulated Depreciation, 160 161 Furniture & Fixtures Accumulated Depreciation, Furniture & Fixtures EXPENSES 501 505 508 510 515 517 520 521 530 535 555 560 Wages Expense Payroll Tax Expense Rent Expense, Building Utilities Expense Advertising Expense Cash Short/(Over) Cleaning Equipment Repair Expense Office Equipment Repair Expense Contributions Expense Insurance Expense Depreciation Expense, Delivery Van Depreciation, 165 Cleaning Equipment 166 Accumulated Depreciation, Cleaning Equipment 170 Office Equipment 171 Accumulated Depreciation, Office Equipment LIABILITIES 201 Accounts Payable 210 215 Wages Payable Employees' Federal Income Tax Payable Employees' State Income Furniture & Fixtures 565 Depreciation Expense 216 Cleaning Equipment 570 Depreciation Expense Tax Payable 220 FICA Social Security Payable Office Equipment Delivery Expense Delivery Van Operating Expense Interest Expense Office Supplies Expense Cleaning Supplies Expense FICA Medicare Tax Payable 225 230 Employees' Medical 576 577 580 590 591 599 Miscellaneous Expense Insurance Payable 235 Federal Unemployment 240 245 Tax Payable State Unemployment Tax Payable Note Payable, Delivery Van 3
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