The following are the current? month's balances for ABC
Financial? Services, Inc. before preparing the trial...
The following are the current? month's balances for ABC
Financial? Services, Inc. before preparing the trial balance.
Accounts Payable $ 7 comma 000 $7,000 Revenue 6 comma 000 6,000
Cash 3 comma 000 3,000 Expenses 16 comma 500 16,500 Furniture 10
comma 000 10,000 Accounts Receivable 11 comma 000 11,000 Common
Stock ?? Notes Payable 4 comma 500 4,500 What amount should be
shown for Common Stock on the trial? balance? A. $ 11 comma 500
$11,500 B. $ 23...
Trial Balance
The accounts in the ledger of Seaside Furniture Company as of
August 20Y5 are...
Trial Balance
The accounts in the ledger of Seaside Furniture Company as of
August 20Y5 are listed in alphabetical order as follows. All
accounts have normal balances. The balance of the cash account has
been intentionally omitted.
Accounts Payable
$118,600
Accounts Receivable
660,500
Cash
?
Common Stock
150,000
Dividends
36,000
Fees Earned
4,330,000
Insurance Expense
18,000
Land
1,850,000
Miscellaneous Expense
30,200
Notes Payable
75,000
Prepaid Insurance
21,600
Rent Expense
390,000
Retained Earnings
1,814,400
Supplies
11,200
Supplies Expense
23,700
Unearned Rent...
Charlie Corporation's adjusted trial balance included the
following items (all account balances are normal): Accounts payable...
Charlie Corporation's adjusted trial balance included the
following items (all account balances are normal): Accounts payable
$65,000, Accounts receivable $45,000, Capital stock $100,000, Cash
$50,000, Dividends $10,000, Goodwill $47,000, Interest expense
$4,000, Interest payable $2,000, Inventory $38,000, Notes payable
$80,000, Prepaid expenses $5,000, Property, plant & equipment
$123,000, Retained earnings $46,000, Rent expense $18,000, Revenues
$101,000, and Salary expense $60,000. How much are total
assets?
Trial Balance
The accounts in the ledger of Hickory Furniture Company as of
December 31, 2016,...
Trial Balance
The accounts in the ledger of Hickory Furniture Company as of
December 31, 2016, are listed in alphabetical order as follows. All
accounts have normal balances. The balance of the cash account has
been intentionally omitted.
Accounts Payable
$42,770
Accounts Receivable
116,900
Cash
?
Common Stock
15,000
Dividends
24,000
Fees Earned
745,230
Insurance Expense
3,600
Land
50,000
Miscellaneous Expense
9,500
Notes Payable
50,000
Prepaid Insurance
21,600
Rent Expense
48,000
Retained Earnings
60,000
Supplies
4,275
Supplies Expense
6,255
Unearned...
Consider the following information from a company's unadjusted
trial balance at December 31, 2018. All accounts...
Consider the following information from a company's unadjusted
trial balance at December 31, 2018. All accounts have normal
balances.
Accounts Receivable
$
7,500
Accounts Payable
650
Cash
3,700
Service Revenue
14,500
Common Stock, $2 par, 10,000 authorized
2,000
Common Stock, add’l pd in capital
7,000
Equipment, at cost
12,900
Accumulated depreciation
2,300
Depreciation Expense
700
Land
5,800
Notes Payable, Due 2021
8,000
Investment Securities
1,200
Prepaid Rent
1,400
Rent Expense
2,400
Retained Earnings, January 1, 2018
5,850
Salaries and Wages...
The trial balance for K and J Nursery, Inc., listed the
following account balances at December...
The trial balance for K and J Nursery, Inc., listed the
following account balances at December 31, 2018, the end of its
fiscal year: cash, $26,000; accounts receivable, $21,000;
inventories, $35,000; equipment (net), $90,000; accounts payable,
$24,000; wages payable, $10,000; interest payable, $6,000; note
payable (due in 18 months), $40,000; common stock, $70,000.
Prepare a classified balance sheet for K and J Nursery, Inc. The
equipment originally cost $165,000. (Amounts to be deducted
should be indicated by a minus sign.)...
The ledger account balances for Perkins Company are listed
below.
...
The ledger account balances for Perkins Company are listed
below.
Accounts Payable $8,000
Accounts Receivable
7,000
Cash 11,000
Common Stock 9,000
Dividends 4,000
Repair Revenue
40,000
Salaries Expense
25,000
Unearned Revenue
2,000
Utilities Expense
12,000
Instructions
Prepare a trial balance in proper form for Perkins at December 31,
2011. ...
From the ledger balances below, prepare a trial balance for
Oriole Company at June 30, 2017....
From the ledger balances below, prepare a trial balance for
Oriole Company at June 30, 2017. All account balances are
normal.
Accounts Payable
$ 1,260
Service Revenue
$8,890
Cash
5,660
Accounts Receivable
2,750
Common Stock
18,000
Salaries and Wages Expense
3,590
Dividends
1,610
Rent Expense
1,250
Equipment
13,290
The accounts in the ledger of Sandhill Delivery Service contain
the following balances on July 31,...
The accounts in the ledger of Sandhill Delivery Service contain
the following balances on July 31, 2022. Accounts Receivable
$14,800 Prepaid Insurance $ 3,500 Accounts Payable 9,800 Service
Revenue 16,900 Cash ? Dividends 900 Equipment 59,470 Common Stock
40,110 Maintenance and Repairs Expense 3,358 Salaries and Wages
Expense 9,428 Insurance Expense 700 Salaries and Wages Payable 950
Notes Payable (due 2025) 30,450 Retained Earnings (July 1, 2022)
6,500
Prepare a trial balance.