This is ACC 100, Wiley plus Chapter 4 home work. Due by Monday morning 08/01/2016 at 9:00am. Please see the attached file and answer questions.

Week 4 Homework. Exercise 4-5 The ledger of Rios Company contains the following balances: Owner's Capital $30,035; Owner's Drawings $1,386; Service Revenue $48,248; Salaries and Wages Expense $28,431; and Supplies Expense $6,882. The closing entries are as follows: (1) (2) (3) (4) Close revenue accounts. Close expense accounts. Close net income/(loss). Close drawings. Post the closing entries in the order presented in the problem and use the numbers as a reference. Salaries and Wages Expense Supplies Expense Service Revenue Owner's Drawings Income Summary Owner's Capital Exercise 4-7 The following selected accounts appear in the adjusted trial balance columns of the worksheet for Goulet Company. Identify the accounts that would be included in a post-closing trial balance. Accumulated Depreciation Depreciation Expense Owner's Capital Owner's Drawings Service Revenue Supplies Accounts Payable Exercise 4-8 The steps in the accounting cycle are listed in random order below. List the steps in proper sequence, assuming no worksheet is prepared, by placing numbers 1-9. (a) (b ) (c) (d ) Prepare a trial balance. Journalize the transactions. Journalize and post closing entries. Prepare financial statements. Journalize and post adjusting entries. (f) Post to ledger accounts. (g) Prepare a post-closing trial balance. (h Prepare an adjusted trial balance. ) (i) Analyze business transactions. (e) Exercise 4-10 The steps in the accounting cycle are listed in random order below. List the steps in proper sequence, assuming no worksheet is prepared, by placing numbers 1-9. (a) (b ) (c) (d ) (e) Prepare a trial balance. Journalize the transactions. Journalize and post closing entries. Prepare financial statements. Journalize and post adjusting entries. (f) Post to ledger accounts. (g) Prepare a post-closing trial balance. (h Prepare an adjusted trial balance. ) (i) Analyze business transactions. Exercise 4-1 The trial balance columns of the worksheet for Nanduri Company at June 30, 2014, are as follows. NANDURI COMPANY Worksheet For the Month Ended June 30, 2014 Trial Balance Account Titles Dr. Cr. Cash 2,041 Accounts Receivable 2,483 Supplies 1,840 Accounts Payable 1,070 Unearned Service Revenue 413 Owner's Capital 2,359 Service Revenue 3,250 Salaries and Wages Expense 620 Miscellaneous Expense Total 108 7,092 7,092 Other data: 1 . 2 . 3 . A physical count reveals $305 of supplies on hand. $168 of the unearned revenue is still unearned at month-end. Accrued salaries are $123. Complete the worksheet. NANDURI COMPANY Worksheet For the Month Ended June 30, 2014 Trial Adj. Trial Income Adjustments Balance Balance Statement Account Titles Cash Dr Cr. 2,04 1 Accounts 2,48 Receivable 3 Supplies 1,84 0 Accounts 1,07 Payable 0 Unearned Service 413 Revenue Owner's 2,35 Capital 9 Service 3,25 Revenue 0 Salaries and Wages 620 Expense Miscellaneo 108 us Expense Totals Supplies Expense Salaries and Wages Payable Totals 7,09 7,09 2 2 Dr Cr. Dr Cr. Dr Cr. Balance Sheet Dr Cr. Net Income Totals Show List of Accounts Link to Text Exercise 4-9 The adjusted trial balance for Plevin Company. PLEVIN COMPANY Adjusted Trial Balance July 31, 2014 No . 101 112 157 158 201 208 301 306 400 429 711 726 732 Account Titles Cash Accounts Receivable Equipment Accumulated Depreciation-Equip. Accounts Payable Unearned Rent Revenue Owner's Capital Owner's Drawings Service Revenue Rent Revenue Depreciation Expense Salaries and Wages Expense Utilities Expense Prepare an income statement for the year. PLEVIN COMPANY Income Statement Debit Credit $8,693 9,241 16,220 $7,435 4,824 1,818 44,398 15,692 64,383 6,965 8,246 56,449 15,282 $129,823 $129,823 For the Year Ended July 31, 2014 $ $ $ $ Exercise 4-11 Selected accounts for Heather's Salon are presented below. All June 30 postings are from closing entries. Salaries and Wages Expense 6/10 3,452 6/30 6/28 5,886 9,338 Supplies Expense 6/12 598 6/30 6/24 841 1,439 Service Revenue 6/30 18,027 6/15 8,532 6/24 9,495 Rent Expense 6/1 3,186 6/30 3,186 Owner's Capital 6/30 2,298 6/1 11,972 6/30 4,064 Bal. 13,738 Owner's Drawings 6/13 6/25 Date 504 6/30 2,298 1,794 Account Titles and Explanation June 30 (To close revenue account.) June 30 (To close expense account.) June 30 (To close net income / (loss).) June 30 (To close drawings.) Debit Prepare the closing Credit entries that were made. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)