UR December 1, Gary Walker began an auto repair shop, Walker's Quality Automotive. The following transactions occurred during December (Click the icon to view the transactions.) The businesses the follo (Cick the icon to view Adjustment data Click the icon to view the Read the Total Choose from any list or enter any number in the input nels and men continue to the next question all auto repair shop Walker's Quality Automotive. The following transactions The businesses the occurred during December Cok the icon to view Click the icon to view the transactions) Adjustment data Click the icon to view Read the region Account Title Balance Debit Credit Choose from any list or enter any number in the input and then continue to the next question a o Et buyan an auto repair shop, Walker's Quality Automotive. The following transactions occurred during December Click the icon to view the transactions) The businesses the following Click the conto Adjustment data Csak the conto view the dustan Read the Accumulated Depr.-Equipment Income Summary Interest Expense Retained Earnings Depreciation Expense Equipment Requirement 7. Prepare a post-closing trial balance Walker's Quality Automotive Post Closing That Balance Choose from any its or enter any number in the input Dels and then control the best question R! O E hp Shop, Walker's Quality Automotive. The following transactions occurred during December (Click the icon to view the transactions) The businesses the following account Click the icons view the count) Adjustment data Click the icon to view the ang data) Read the Prepaid Insurance Notes Payable Advertising Expense Land Common Stock Supplies Expense Dividends Insurance Expense Equipment Choose from any list or enter any number in the inputted and then continue to me next question 11 o er 1, Gary Walker began an auto repair shop, Walker's Quality Automotive. The following transactions ng December e icon to view the transactions) The business uses the following accounts (Click the icon to view the accounts.) Astment data: - X More Info mt 1. Prepare the journal entries, and post to the T- eparing the journal entries for the December transa ser contributed $64,000 cash to the business in exq Cash, Accounts Receivable: Office Supplies: Prepaid Insurance, Land, Equipment Accumulated Depreciation Equipment, Accounts Payable: Utilities Payable; Interest Payable, Uneamed Revenue, Notes Payable, Common Stock, Retained Earnings Dividends: Income Summary: Service Revenue: Salaries Expense, Rent Expense: Utilities Expense: Advertising Expense, Supplies Expense Insurance Expense Interest Expense, and Depreciation Expense-Equipment. Accounts and Explanation Print Done chased 513 200 of equipment paying cash om any ist or enter any number in the input fields and then continue to the next question man auto repair shop. Walker's Quality Automotive. The following transactions actions.) The business uses the following accounts: (Click the icon to view the accounts.) Adjustment data A Click the icon to the adjusting data.) - x More Info nal entry table) al entries, and post to the T-accounts. ries for the December transactions. (Record 30 cash to the business in exchange for shar Accounts and Explanation a. Office Supplies used during the month, 5700 b. Depreciation for the month, $220 c. One month insurance has expired d. Accrued Interest Expense. $130 Print Done equipment paying cash began an auto repair shop, Walker's Quality Automotive. The following transactions transactions.) The business uses the following accounts Click the icon to view the accounts - X Requirements journal entries, and post to the T- al entries for the December transa 54,000 cash to the business in exq Accounts and Explanation 1. Prepare the journal entries, and post to the T-accounts 2. Prepare an unadjusted trial balance. 3. Prepare the adjusting entries, and post to the T-accounts. 4. Prepare an adjusted trial balance 5. Prepare the income statement, the statement of retained earnings, and the classified balance sheet in report form 6. Prepare the closing entries and post to the T-accounts. 7. Prepare a post-closing trial balance Print Done of equipment paying cash her any number in the input fields and then continue to the next question n an auto repair shon Walker's Quality Automotive The following.cansactions. The businesses the following accounts actions.) More Info mon Dec. 1 Walker contributed $64,000 cash to the business in exchange for shares of stock Dec. 1 Purchased $13,200 of equipment paying cash Dec. 1 Paid $2.750 for a five-month insurance policy starting on December 1 Dec. 9 Paid $24,000 cash to purchase land to be used in operations Dec. 10 Purchased office supplies on account, 51,800 Dec. 19 Borrowed $30,000 from the bank for business use. Walker signed a note payable to the bank in the name of the corporation. The note is due in five years. Dec. 22 Paid $2,200 for advertising expenses Dec. 26 Paid $1.000 on account Dec. 28 The business received a bill for utilities to be paid in January, $360, Dec. 31 Revenues earned during the month included 515,500 cash and $3.000 on account Dec. 31 Paid employees' salaries 53.200 and building rent $1.400. Record as a compound entry Dec. 31 The business received $980 for auto screening services to be performed next month any number in the inpl Print Done *** 86F Partly On December 1, Gary Walker began an auto repair shop, Walker's Quality Automotive. The following transactions occurred during December (Click the icon to view the transactions.) The business uses the following accounts. (Click the icon to view the accounts) Adjustment data (Click the icon to view the adjusting data) Read Requirement 1. Prepare the journal entries, and post to the T-accounts. Begin by preparing the journal entries for the December transactions, (Record debits first, then credits. Select the explanation on the last line of the journal entry table) Dec 1 Walker contributed 564,000 cash to the business in exchange for shares of common stock Date Accounts and Explanation Debit Credit Dec. 1 Dec 1 Purchased $13 200 of equipment paying cash Accounts and Frolanation nohit Date Credit Choose from any list or enter any number in the input felds and then continue to the next question SI On December 1, Gary Walker began an auto repair shop, Walker's Quality Automotive. The following transactions occurred during December (Click the icon to view the transactions.) The business uses the folle (Click the icon to view Adjustment dat (Click the icon to view Read the GMA Dec 1 Purchased $13,200 of equipment paying cash Date Accounts and Explanation Debit Credit Dec 1 Dec 1 Pald 52.750 for a 5-month insurance policy starting on December 1 Date Accounts and Explanation Debit Credit Dec 1 Choose from any list or enter any number in the input Nelds and then continue to the next question a On December 1, Gary Walker began an auto repair shop Walker's Quality Automotive. The following transactions occurred during December Click the icon to view the transactions.) The business uses the followi Click the icon to view the Adjustment data Click the icon to view the Read the Dec 1 Paid $2,750 for a 5-month insurance policy starting on December 1 Date Accounts and Explanation Dec 1 Debit Credit Dec 9. Paid $24,000 cash to purchase land to be used in operations Debit Credit Date Accounts and Explanation Dec 9 Choose from any list or enter any number in the input fields and then continue to the next question On December 1. Gary Walker began an auto repair shop. Walker's Quality Automotive. The following transactions occurred during December Click the icon to view the transactions) The business uses the (Click the icon to Adjustment data (Click the icon to Read the Dec 9 Paid S24 000 cash to purchase land to be used in operations Dato Accounts and Explanation Debit Credit Dec 9 Dec 10 Purchased office supplies on account, $1.800 Date Accounts and Explanation Debit Credit Dacia Choose from any it or enter any number the input felds and then continue to the next question On December 1, Gary Walker began an auto repair shop, Walker's Quality Automotive. The following transactions occurred during December Click the icon to view the transactions) The businesses the following ac Click the icon to view the acco Adustment data Click the icon sovithead Read the Dec 10: Purchased office supplies on account, 1 800 Date Accounts and Explanation Debit Credit Dec 10 Dec 19 Borrowed $30,000 from the bank for business use Walker signed a note payable to the bank in the name of the corporationThe rest is de Date Accounts and Explanation Debit Credit Dec 19 Choose from any list or enter any number in the input fields and then continue to the next question On December 1. Gary Walker began an auto repair shop Walker's Quality Automotive. The following transactions occurred during December (Click the icon to view the transactions.) The business uses the following accounts Click the icon to view the accounts Adjustment data (Click the icon to view the adjusting data) Read the car Dec 19 Borrowed $30,000 from the bank for business use Walker signed a note payable to the bank in the name of the corporation. The note is due in five years Date Accounts and Explanation Debit Credit Dec 19 Debit Credit Dec 22 Pald $2.200 for advertising expenses Date Accounts and Explanation Dec 22 Choose from any stor enter any number in the input fields and then continue to me next question 2 ar Sun a On December 1. Gary Walker began an auto repair shop Walker's Quality Automotive. The following transactions occurred during December (Click the icon to view the transactions.) The business uses the following accounts Click the icon to view the accounts Adjustment data (Click the icon to view the adjusting data) Read the car Dec 19 Borrowed $30,000 from the bank for business use Walker signed a note payable to the bank in the name of the corporation. The note is due in five years Date Accounts and Explanation Debit Credit Dec 19 Debit Credit Dec 22 Pald $2.200 for advertising expenses Date Accounts and Explanation Dec 22 Choose from any stor enter any number in the input fields and then continue to me next question 2 ar Sun a On December 1 Gary Walker began an auto repair shop. Walker's Quality Automotive. The following transactions occurred during December (Click the icon to view the transactions) The businesses the follow Click the icon to view the Adjustment data Cock the icon to view the Read the Dec 22 Paid $2.200 for advertising expenses Date Accounts and Explanation Debit Credit Dec 22 Dec 26 Paid 51.000 on account Date Accounts and explanation Debit Credit De 26 Choose from any list or enter any number in the input and then come to the next question a 11 O Chip On December 1 Gary Walker began an auto repair shop, Walker's City Automotive. The for transactions occurred during December: (Click the icon to view the transactions The business uses the following accounts (Click the icon to view the count) Adjustment data Click the icon to view the adjusting data) Read the meal Dec 26 Paid $1,000 on account Date Accounts and Explanation Debit Credit Dec 26 Dec 28 The business received a bill for utilities to be paid in January 8360 Date Accounts and Explanation Debit Credit Dec 28 Choose from any list or enter any number in the input fields and then continue to the next question 2 87Sunny - o FI On December 1, Gary Walker began an auto repair shop Walker's Quality Automotive. The following transactions occurred during December (Click the icon to view the transactions.) The business uses the following accounts Click the icon to view the accounts: Adjustment data (Click the icon to view the adjusting data) Read the + Dec 28. The business received a bill for utilities to be paid in January, $360 Date Accounts and Explanation Debit Credit Dec 28 Dec 31 Revenues earned during the month included $15.500 cash and 53.000 on account (Prepare a single compound enty for this transaction Date Accounts and Explanation Debit Credit Dec 31 Choose from any list or enter any number in the input fields and then continue to the next question 87F Sunny 9 On December 1, Gary Walker began an auto repair shop Walkers Wally occurred during December (Click the icon to view the transactions (Click the icon to view the accounts Adjustment data (Click the icon to view the adjusting da Read the comicamente Dec 31 Revenues eamed during the month included 515,500 cash and $3.000 on account (Prepare a single compound entry for this transaction Date Accounts and Explanation Debit Credit Dec 31 Dec. 31. Paid employees salaries $3.200 and building rent $1.400 Record as a compound entry Debit Credit Date Accounts and Explanation Dec 31 Choose from any list of enter any number in the input fields and then continue to the next question a E buyan an auto repair shop, Walker's Quality Automotive. The following transactions occurred during December Click the icon to view the transactions) The businesses the following Click the conto Adjustment data Csak the conto view the dustan Read the Accumulated Depr.-Equipment Income Summary Interest Expense Retained Earnings Depreciation Expense Equipment Requirement 7. Prepare a post-closing trial balance Walker's Quality Automotive Post Closing That Balance Choose from any its or enter any number in the input Dels and then control the best question R! O E hp Shop, Walker's Quality Automotive. The following transactions occurred during December (Click the icon to view the transactions) The businesses the following account Click the icons view the count) Adjustment data Click the icon to view the ang data) Read the Prepaid Insurance Notes Payable Advertising Expense Land Common Stock Supplies Expense Dividends Insurance Expense Equipment Choose from any list or enter any number in the inputted and then continue to me next question 11 o On December 1. Gary Walker began an auto repair shop. Walker's Quality Automotive. The following transaction occurred during December (Click the icon to view the transactions) The businesses the following account Click the contents) Adjustment data Ck the icon to ww the dining dut) Read the Utilities Payable Salaries Expense Accounts Recevable Interest Payable Expense UE Unearned Reven Office Supplies Un ember 1, Gary Walker began an automopar shop Walker's Olly Automotive The following transactions occurred during December The (Click the icon to view the transaction) (CM thew Adidata Icick the view the ating data) Read the POD e Dosing enmes to me t-accounts risenteras ang me aqui paranor en account to represente en su para references-Clos (1) Clos (27. Post any closing entries to the accounts and the calculate the post doting hilance Bayol each counce the day after closing, enter on the normal side of the account. For income Summy calculate and enter the balance before posting the entry on the Potem the same time as you entered the balance prior to closing the second line) and then slow out doing balance of the the account Cash Accounts Payable Service Reven Sales Expo Utilities Payable (Click the icon to view the transactions.) (Cick the icon to view the Adjustment data (Cick the icon to view the Read the requirement Date Accounts and Explanation Debit Credit Dec 31 Clos (4) Post the closing entries to the T-accounts First enter"Bal" and the adjusted balance of each account from requirement 4. Then use "Clos" and the references---"Clos (1)", "Clos (2) etc. Post any closing entries to the accounts and then calculate the post-closing balance (Bal) of each accounting after closi - w the normal side of the account For Income Summary, calculate and enter the balance ("Bal") before posting the entry to do the same Copy e balance prior to closing the second line) and then show the post-closing balance (Bal) on the last the line of the as Accounts Payable Service Revenue te Aunting Table Copy to Clipboard input fields and then continue to the next question Choose On December 1, Gary Walker began an auto repair shop, Walker's Quality Automotive. The following transactions occurred during December (Click the icon to view the transactions.) The business uses the following accounts (Click the icon to view the account Adjustment data (Click the icon to view the adjusting data Read the fol Close Income Summary Date Accounts and Explanation Debit Credit Dec 31 Clos (3) Close dividends Debit Credit Date Accounts and Explanation Dec 31 CA Choose from any list or enter any number in the input fields and then continue to the next question On December 1, Gary Walker began an auto repair shop, Walker's Quality Automotive. The following transactions occurred during December (Click the icon to view the transactions.) The business uses the following accounts (Click the icon to view the accounts) Adjustment data (Click the icon to view the adjusting data Read the Close expenses for the period Date Accounts and Explanation Debit Credit Dec 31 Clos (2) Choose from any list or enter any number in the input neids and then continue to the next question On December 1, Gary Walker began an auto repair shop. Walker's Quality Automotive. The following transactions The business uses the follow occurred during December Click the icon to view the transactions.) (Click the icon to view the Adjustment data: (Click the icon fo view the Read the Requirement 6. Prepare the closing entries, and post to the T-accounts. Begin by preparing the closing entries (Record debits first, then credits Select the explanation on the last line of the journal entry table) Start by closing revenues Date Accounts and Explanation Debit Credit Dec 31 Clos (1) Close expenses for the period Debat Credit Date Accounts and Explanation Choose from any list or enter any number in the input fields and then continue to the next question On December 1, Gary Walker began an auto repair shop, Walker's Quality Automotive. The following transactions occurred during December Click the icon to view the transactions) The business uses the following account Click the icon to view the accounts) Adjustment data Click the icon to view the adjusting data) Read the room Stockholders' Equity Requirement 6. Prepare the closing entries, and post to the T-accounts Begin by preparing the closing entries (Record dobits first the credits. Select the explanation on the last line of the journal untry table) Start by closing revenues Date Accounts and Explanation Debit Credit Dec 31 Choose from any list or enter any number in the input fields and then continue to the next question ugdh an auto repair shop, Walker's Quality Automotive. The following transactions occurred during December (Click the icon to view the transactions.) The business uses the following acco (Click the icon to view the account Adjustment data (Click the icon to view the adjustin Read the Liabilities Stockholders' Equity Choose from any list or enter any number in the input Melds and then continue to the next question ya all op. Walker Domy Automotive the following transactions occurred during December Click the icon to view the transactions) The business uses the following accounts (Click the icon to view the accounts) Ad in data be icon to view the adjusting data) Read the Loon Liabilities Choose from any list of enter any number in the input fields and then continue to meet on E AOS TIS