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You have been assigned to examine the financial statements of Bramble Company for the year ended December 31, 2025. You discover the following situations. 1.

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You have been assigned to examine the financial statements of Bramble Company for the year ended December 31, 2025. You discover the following situations. 1. Depreciation of $3,500 for 2025 on delivery vehicles was not recorded. 2. The physical inventory count on December 31,2024, improperly excluded merchandise costing $17,900 that had been temporarily stored in a public warehouse. Bramble uses a periodicinventory system. 3. A collection of $5,400 on account from a customer received on December 31, 2025, was not recorded until January 2, 2026, 4. In 2025 the company sold for $3,600 fully depreciated equipment that originally cost $24,000 The compary eredited the proceeds from the sale to the Equipment account. 5. During November 2025, a cornpetitor cornpany filed a patent-infringement suit against Bramble claiming damages of $231,200. The company's legal counsel has indicated that an unfivorable verdict is probable and a reasonable estimate of the court's award to the competitor is $128,900. The company has not recorded or disclosed this situation in the financial statements. 6. Bramble has a portfolio of trading investments. No entry has been made to adjust to market. Information on cost and fair value is as follows. 7. At December 31,2025 , an analysis of payroll information shows accrued salaries of $11,900. The Salaries and Wages Payable account had a balance of $16,900 at December 31,2025 , which was unchaniged from its batance at December 31 . 2024. 8. Alarge piece of equipment was purchased on January 3, 2025, for $41,400 and was charged to Maintenance and Repairs Expense. The equipment is estimated to have a service life of 8 years and no residual value. Bramble normally uses the stratght-fline depreclation method for this type of equipment. 9. A $11,400 insurance premium paid on July 1, 2024, for a policy that expires on June 30,2027 , was charged to Insurance: Expense. 10. A trademark was acquired at the beginning of 2024 for $53,600. No amortization has been recorded since its acquisition. The maximum allowable amortization period is 10 years. Assume the trial balance has been prepared but the books have not been closed for 2025. Assuming all amounts are material, prepare journal entries showing the adjustments that are required. (Ignore income tax considerations.) (Credit account titles are outomatically indented when the amount is entered. Do not indent manually. If no entry Is required, select "No Enitry" for the account titles and enter ofor the amounts. List all debit entries before credit entries.) amounts. List all debit entries before creditentries.) No. Account Titles and Explanation Debit Credit 1. 2. 3. 4. 9. 10

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