The following information applies to the questions displayed
below.]
North Star prepared the following unadjusted trial...
The following information applies to the questions displayed
below.]
North Star prepared the following unadjusted trial balance at
the end of its second year of operations ending December 31.
Account Titles
Debit
Credit
Cash
$
12,800
Accounts Receivable
6,800
Prepaid Rent
2,560
Equipment
21,800
Accumulated Depreciation
$
1,080
Accounts Payable
1,080
Income Tax Payable
0
Common Stock
25,600
Retained Earnings
2,900
Sales Revenue
52,400
Salaries and Wages Expense
25,800
Utilities Expense
13,300
Rent Expense
0
Depreciation Expense
0
Income Tax...
[The following information applies to the questions
displayed below.]
The following unadjusted trial balance is prepared...
[The following information applies to the questions
displayed below.]
The following unadjusted trial balance is prepared at fiscal
year-end for Nelson Company. Nelson company uses a perpetual
inventory system. It categorizes the following accounts as selling
expenses: Depreciation Expense—Store Equipment, Sales Salaries
Expense, Rent Expense—Selling Space, Store Supplies Expense, and
Advertising Expense. It categorizes the remaining expenses as
general and administrative.
NELSON COMPANY
Unadjusted Trial Balance
January 31
Debit
Credit
Cash
$
19,950
Merchandise inventory
14,500
Store supplies
5,800
Prepaid...
The following is the Bravo Unlimited unadjusted Trial
Balance.
Bravo Unlimited
Unadjusted Trial Balance
December 31,...
The following is the Bravo Unlimited unadjusted Trial
Balance.
Bravo Unlimited
Unadjusted Trial Balance
December 31, 2016
Account Title
Debit
Credit
Cash
$88,450
Accounts Receivable
331,860
Supplies
7,255
Prepaid Rent
16,000
Equipment
295,285
Accumulated Depreciation
$224,260
Accounts Payable
78,555
Wages Payable
0
Capital Stock
220,000
Retained Earnings
111,145
Service Revenue
893,105
Interest Income
1,500
Rent Expense
60,500
Wages Expense
527,260
Supplies Expense
42,520
Utilities Expense
8,595
Depreciation Expense
144,000
Interest Expense
6,840
________
Totals
$1,528,565
$1,528,565
Adjusting Items:
1....
[The following information applies to the questions
displayed below.]
The following is a list of accounts...
[The following information applies to the questions
displayed below.]
The following is a list of accounts and amounts for Rollcom,
Inc., for the fiscal year ended September 30, 2015. The accounts
have normal debit or credit balances.
Accounts
Payable
$
39,500
Accounts
Receivable
66,900
Accumulated
Depreciation—Equipment
21,900
Cash
80,700
Common Stock
95,200
Equipment
91,100
Income Tax
Expense
10,540
Notes Payable
(long-term)
1,540
Office Expense
6,340
Rent Expense
164,600
Retained Earnings
99,860
Salaries and Wages
Expense
129,100
Sales Revenue
326,880
Supplies...
The accountant for Eva’s Laundry prepared the following
unadjusted and adjusted trial balances. Assume that all...
The accountant for Eva’s Laundry prepared the following
unadjusted and adjusted trial balances. Assume that all balances in
the unadjusted trial balance and the amounts of the adjustments are
correct.
Eva's Laundry
UNADJUSTED TRIAL BALANCE
May 31, 2016
ACCOUNT
TITLE
DEBIT
CREDIT
1
Cash
7,565.00
2
Accounts Receivable
18,710.00
3
Laundry Supplies
3,700.00
4
Prepaid Insurance*
5,655.00
5
Laundry Equipment
193,800.00
6
Accumulated Depreciation-Laundry Equipment
47,930.00
7
Accounts Payable
9,630.00
8
Wages Payable
9
Eva Bruns, Capital
114,270.00
10
Eva...
Required information
[The following information applies to the questions
displayed below.]
The T account balances for...
Required information
[The following information applies to the questions
displayed below.]
The T account balances for the accounts of Rya’s Planning Services
as of January 31, 2019 are listed below.
Cash
$
22,900
Accounts Receivable
18,900
Office Supplies
650
Equipment
23,000
Accounts Payable
9,950
Rya Page, Capital
29,900
Rya Page, Drawing
7,000
Planning Fees Income
39,900
Office Supplies Expense
400
Rent Expense
1,000
Salaries Expense
5,000
Utilities Expense
900
Prepare a Trial Balance as of January 31, 2019.
Account NameDebit...
Required information
[The following information applies to the questions
displayed below.]
The following calendar year-end...
Required information
[The following information applies to the questions
displayed below.]
The following calendar year-end information is taken from the
December 31, 2019, adjusted trial balance and other records of
Leone Company.
Advertising expense
$
33,300
Direct labor
$
678,000
Depreciation expense—Office equipment
10,200
Income taxes expense
269,000
Depreciation expense—Selling equipment
9,700
Indirect labor
56,100
Depreciation expense—Factory equipment
33,400
Miscellaneous production costs
9,900
Factory supervision
116,400
Office salaries expense
67,000
Factory supplies used
9,600
Raw materials purchases
936,000...
Use the adjusted trial balance for Stockton Company to answer
the questions that follow. Stockton Company...
Use the adjusted trial balance for Stockton Company to answer
the questions that follow. Stockton Company Adjusted Trial Balance
December 31 Account No. Debit Balances Credit Balances Cash 11
6,530 Accounts Receivable 12 2,100 Prepaid Expenses 13 700
Equipment 18 13,700 Accumulated Depreciation 19 1,100 Accounts
Payable 21 1,900 Notes Payable 22 4,300 Bob Steely, Capital 31
12,940 Bob Steely, Drawing 32 790 Fees Earned 41 9,250 Wages
Expense 51 2,500 Rent Expense 52 1,960 Utilities Expense 53 775
Depreciation...
The following unadjusted trial balance is for Montana
Construction Company as of year-end for the December...
The following unadjusted trial balance is for Montana
Construction Company as of year-end for the December 31, 20x7
fiscal year. The December 31, 20x6 credit balance of the
stockholders’ equity account is $46,900, and the stockholders
invested $40,000 cash in the company during 20x7.
NO. Account
Title
Debit
Credit
101
Cash
$7,000
126
Supplies
$16,000
128 Pre-paid
insurance
$12,600
167
Equipment
$200,000
168 Accumulated depreciation –
equipment $14,000
201 Accounts payable $6,800
251 Long-term notes payable...
[The following information applies to the questions
displayed below.]
Brothers Harry and Herman Hausyerday began operations...
[The following information applies to the questions
displayed below.]
Brothers Harry and Herman Hausyerday began operations of their
machine shop (H & H Tool, Inc.) on January 1, 2016. The annual
reporting period ends December 31. The trial balance on January 1,
2018, follows (the amounts are rounded to thousands of dollars to
simplify):
Account Titles
Debit
Credit
Cash
$
4
Accounts Receivable
4
Supplies
11
Land
0
Equipment
68
Accumulated Depreciation
$
7
Software
24
Accumulated Amortization
8
Accounts...