Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Worksheet You have the following information for Speedy Copy Shop at September 30. (a) A physical count of supplies indicates $500 on hand at September

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

Worksheet You have the following information for Speedy Copy Shop at September 30. (a) A physical count of supplies indicates $500 on hand at September 30. (b) The amount of insurance that expired in the month of September was $400 (c) Depreciation on Equipment for September was $600 (d) Rent owed on the copy shop for the month of September was $750 but will not be paid until October SPEEDY COPY SHOP Worksheet For the Month Ended September 30, 2020 Trial Balance Adjustments Balance Sheet Income Statement Debit Account Titles Adjusted Trial Balance Debit Credit 3,000 Debit Credit Debit Credit Credit Credit Cash E. 3,000 1,500 2,400 24,000 D. (b) 400 Debit 3,000 500 2,000 24,000 2.000 24,000 4,800 (c) 600 F. M. Supplies Prepaid Insurance Equipment Accum. Depreciation- Equipment Accounts Payable Notes Payable Owner's Capital Owner's Drawings Service Revenue Utilities Expense 2,400 2,400 4,000 15,600 4,000 15,600 2,400 4,000 15,600 2,200 2,200 2,200 6.700 6,700 1-1 J. 400 400 400 33.500 A. 1,000 G. 400 Totals Supplies Expense Insurance Expense Depreciation Expense Rent Expense Rent Payable Totals (a) 1,000 (b) 400 B. (d) 750 600 750 400 600 750 (d)_750 2.750 750 34.850 C. 34.850 H. K. 31,700 28,150 Net Income O. I. 6.700 Totals 6.700 L. 31.700 Question 42 (1 point) What amount belongs in the box with letter A. in the worksheet? Question 43 (1 point) What amount belongs in the box with letter B. in the worksheet? Question 44 (1 point) What amount belongs in the box with letter C. in the worksheet? Question 45 (1 point) What amount belongs in the box with letter D. in the worksheet? Question 46 (1 point) What amount belongs in the box with letter E. in the worksheet? Question 47 (1 point) What amount belongs in the box with letter F. in the worksheet? Question 48 (1 point) What amount belongs in the box with letter G. in the worksheet? Question 49 (1 point) What amount belongs in the box with letter H. in the worksheet? Question 50 (1 point) What amount belongs in the box with letter I. in the worksheet? Question 51 (1 point) What amount belongs in the box with letter J. in the worksheet? Question 51 (1 point) What amount belongs in the box with letter J. in the worksheet? Question 52 (1 point) What amount belongs in the box with letter K. in the worksheet? Question 53 (1 point) What amount belongs in the box with letter L. in the worksheet? Question 54 (1 point) What amount belongs in the box with letter M. in the worksheet? Question 55 (1 point) What amount belongs in the box with letter N. in the worksheet? Question 56 (1 point) What amount belongs in the box with letter O. in the worksheet

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

Monitoring And Auditing Practices For Effective Compliance

Authors: John E. Steiner

2nd Edition

0977843017, 978-0977843015

More Books

Students also viewed these Accounting questions

Question

What is meant by organisational theory ?

Answered: 1 week ago

Question

What is meant by decentralisation of authority ?

Answered: 1 week ago

Question

Briefly explain the qualities of an able supervisor

Answered: 1 week ago

Question

Define policy making?

Answered: 1 week ago

Question

Define co-ordination?

Answered: 1 week ago