The trial balance below is for Lings Landscaping Service of Merritt for December 31, 2012. Adjustment data
Question:
Adjustment data to update the trial balance:
a. Rent expired, $600
b. Landscaping supplies on hand (remaining), $200
c. Amortization expense, landscaping equipment, $300
d. Wages earned by workers but not paid and not due until January, $400
Required
Prepare a worksheet for Lings Landscaping Service for the month of December.
Transcribed Image Text:
LING'S LANDSCAPING SERVICE TRIAL BALANCE DECEMBER 31, 2012 Dr. Cr. 400000 Cash Accounts Receivable Prepaid Rent Landscaping Supplies Landscaping Equipment 70000 80000 74 200 40000 106000 83600 3 25000 43 5600 mulated Amortization, Landscaping Equip Accounts Payable A. Ling, Capital Landscaping Revenue Heat Expense Advertising Expense Wages Expense 40000 20000 126000 50200 95 0 200
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 62% (8 reviews)
LINGS LANDSCAPING SERVICE WORKSHEET FOR THE MONTH ENDED DECEMBER 31 ...View the full answer
Answered By
Sagar Kumar
I am Mechanical Engineer with CGPA of 3.98 out of 4.00 from Pakistan. I went to Government Boys Degree College, Sehwan for high school studies.
I appeared in NUST Entrance Exam for admission in university and ranked #516. My mathematics are excellent and I have participated in many math competitions and also won many of them. Recently, I participated in International Youth Math Challenge and was awarded with Gold Honor. Now, I am also an ambassador at International Youth Math Challenge,
I have been teaching when I was in 9th class class year 2012. I have taught students from 6th class to university level.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
College Accounting A Practical Approach
ISBN: 978-0132564441
11th Canadian Edition
Authors: Jeffrey Slater, Brian Zwicker
Question Posted:
Students also viewed these Accounting questions
-
Update the trial balance for Lemmings's Landscaping Service (Figure 4.22) for August 31, 201X. Adjustment Data to Update the Trial Balance a. Rent expired, $700. b. Landscaping supplies on hand...
-
Given the following trial balance and adjustment data for Lings Landscaping Service of Merritt, prepare a worksheet for the month of December. Adjustment Data a. Landscaping supplies on hand, $60 b....
-
Given the trial balance in Figure and adjustment data of Lans Landscaping Service, your task is to prepare a worksheet for the month of October. Adjustment Data to Update the Trial Balance a. Rent...
-
Day and Night formed an accounting partnership in 2014. Capital transactions for Day and Night during 2014 are as follows: Partnership net income for the year ended December 31, 2014; is $68,400...
-
Scores in the first and fourth (final) rounds for a sample of 20 golfers who competed in PGA tournaments are shown in the following table (Golfweek, February 14, 2009, and February 28, 2009). Suppose...
-
Pique AG shows a balance of 241,140 in the Accounts Receivable account on December 31, 2019. The balance consists of the following. Installment accounts due in...
-
Assess the ethics of buying-in on a cost-and- materials project from both the perspective of the categorical imperative (pages 16-17) and utilitarianism (pages 42-43).
-
1. Summarize the problems associated with passwords. 2. Explain why you should not use your Facebook credentials to authenticate yourself to non-Facebook Web sites. 3. Describe three authentication...
-
Question 3: (10 points) A1, B1, B3 The following information has been provided for Bahrain Corporation: Sales price per unit 540 Variable costs per unit $20 Fixed costs S1000 Required: Prepare a...
-
Determine the force in all the members of the complex truss. State if the members are in tension or compression. 4 kN 30 30 D 6 m 30 30 3 m- -3 m-
-
The following is the trial balance for Jills Fitness Centre of Etobicoke for December 31, 2013. Given The following adjustment data on December 31: a. Fitness supplies on hand, $900 b. Amortization...
-
The following is the trial balance for Kevins Moving Co. of Dartmouth. Adjustment data to update trial balance: a. Insurance expired, $700 b. Moving supplies on hand, $900 c. Amortization on moving...
-
For each of the situations described below, indicate the underlying accounting principle that is being violated. Choose from the following principles: Matching Materiality Cost Realization...
-
The answer above is NOT correct. The value of (2x + 1)(x + x)dx is
-
Review the resource on organizational theory. Explore the various theories and select one to use for this Discussion. Consider the strengths and limitations of the chosen theory. Compose an analysis...
-
How do the locations of Australian department store Myer affect the ability of the other factors of the operating model canvas (suppliers, organization, processes, and information/management systems)...
-
Critical Reading Review: The Exclusion of Latinos from American Media and History Books Read the article. After reading the article, answer the following questions: 1. What purpose do you think the...
-
1. How does the proposed market segment of residential contracts differ from Smith Electric's current market segment? 2.What does a SWOT analysis tell us about Smith Electric's ability to enter a...
-
What are the sources and uses of funds in insurance?
-
Medi-Exam Health Services, Inc. (MEHS), located in a major metropolitan area, provides annual physical screening examinations, including a routine physical, EKG, and blood and urine tests. MEUS's...
-
Elaine gets word through her friendship network that a barracuda is after her and intends to embarrass her in an important meeting. What advice would you offer Elaine?
-
Using the information from Problem 8B-4, please complete a Form 940 for Browns Sporting Goods for the current year. Additional information needed to complete the form is as follows: In Problem 8B-4,...
-
Using the information from Problem 8B-4, please complete a Form 940 for Browns Sporting Goods for the current year. Additional information needed to complete the form is as follows: In Problem 8B-4,...
-
In preparing for next year, on December 1 Tony Freedman hired two hourly employees to assist with some troubleshooting and repair work. 1. Prepare a payroll register for the three pay periods. 2....
-
Present Value Computations Using the present value tables, solve the following. ( Click here to access the PV and FV tables to use with this problem. ) Round your answers to two decimal places....
-
A company provided the following data: Sales $887,000 Variable costs $546,800 Fixed costs $310,000 Expected production and sales in units 36,000 What is the break-even point in sales dollars? Please...
-
How to solve them..equation and explain ..please.. 1. Selected information from the companys financial records is presented below Equipment, December 31, 2013 $300,000 Equipment, December 31, 2014...
Study smarter with the SolutionInn App