Answered step by step
Verified Expert Solution
Question
...
1 Approved Answer
Pepe Beatba is the owner of the plant nursery Growing Concert and has provided you with the following adusted year end trial balance and additional
Pepe Beatba is the owner of the plant nursery "Growing Concert and has provided you with the following adusted year end trial balance and additional Information. In amisguided attempt at being help. Alhas sorted the trial balance into Mphabetical order for you BROWING CONCERN ADJUSTED TRIAL NAIANCE AS AT SOUNE 2070 Debi Ord 151,500 192,000 9,500 5,700 92,850 52,500 23,997 13,416 145,533 114,000 38,850 15,000 2,700 TAL 19,800 Accounts Payable Accounts Receivable Accrued Staff wages Acerved Van Maintenance Expense Accumulated Depreciation-Gardening Equipment Accumulated Depreciation - Delivery Van Advertising Expense Allowance for Doubtful Debts Cash Delivery Van Depreciation Expense - Garden Equipment Depreciation Expense-Delivery Van Discount Allowed Discounts Received Doubtful Debts Expense Freight Inwards Freight Outwards Gardening Equipment Inventory (1 July 2019) Lanthus, Capital (1 July 2019) Lanthus, Drawings Loan Payable Nursery Rent Expense Prepaid Rent Purchase Returns and Allowances Purchases Sales Sales Returns and Allowances Term Deposit Unearned Revenue Van Maintenance Expense Wages Expense 13,416 27,960 28,200 208,500 348,000 1.038,450 24,900 60,000 51,000 18,000 10,350 470,700 1.001.910 37,110 390,000 9,300 34,020 281,490 2.465,376 2,465,376 Additional Information Astoektake revealed that closing inventory at 20 June 2020 was $355,500 80% of the Wages Expense relates to Sales staff. The remainder of this expense relates to Administrative stal The Term Deposit has been invested for 3 years and matures in October 2022 $6,000 of the Loan Payable is due to be paid by 30 June 2021 Pepe Beatba is the owner of the plant nursery "Growing Concert and has provided you with the following adusted year end trial balance and additional Information. In amisguided attempt at being help. Alhas sorted the trial balance into Mphabetical order for you BROWING CONCERN ADJUSTED TRIAL NAIANCE AS AT SOUNE 2070 Debi Ord 151,500 192,000 9,500 5,700 92,850 52,500 23,997 13,416 145,533 114,000 38,850 15,000 2,700 TAL 19,800 Accounts Payable Accounts Receivable Accrued Staff wages Acerved Van Maintenance Expense Accumulated Depreciation-Gardening Equipment Accumulated Depreciation - Delivery Van Advertising Expense Allowance for Doubtful Debts Cash Delivery Van Depreciation Expense - Garden Equipment Depreciation Expense-Delivery Van Discount Allowed Discounts Received Doubtful Debts Expense Freight Inwards Freight Outwards Gardening Equipment Inventory (1 July 2019) Lanthus, Capital (1 July 2019) Lanthus, Drawings Loan Payable Nursery Rent Expense Prepaid Rent Purchase Returns and Allowances Purchases Sales Sales Returns and Allowances Term Deposit Unearned Revenue Van Maintenance Expense Wages Expense 13,416 27,960 28,200 208,500 348,000 1.038,450 24,900 60,000 51,000 18,000 10,350 470,700 1.001.910 37,110 390,000 9,300 34,020 281,490 2.465,376 2,465,376 Additional Information Astoektake revealed that closing inventory at 20 June 2020 was $355,500 80% of the Wages Expense relates to Sales staff. The remainder of this expense relates to Administrative stal The Term Deposit has been invested for 3 years and matures in October 2022 $6,000 of the Loan Payable is due to be paid by 30 June 2021
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/07/66836f01469ff_66466836f00c3075.jpg)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-text-image.webp)
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Step: 3
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started