The following data were taken from the Adjusted Trial Balance
columns of the end-of-period spreadsheet for...
The following data were taken from the Adjusted Trial Balance
columns of the end-of-period spreadsheet for April 30 for Abigail
Trucking:
Accounts
Amount
Accounts Payable
$42,600
Accounts Receivable
83,400
Accumulated Depreciation-Trucks
28,000
Cash
?
Common Stock
100,000
Prepaid Insurance
6,500
Prepaid Rent
12,000
Retained Earnings
215,000
Salaries Payable
12,500
Trucks
206,000
Supplies
4,700
Unearned Fees
5,000
Required:
Prepare a classified balance sheet. Be sure to complete the
statement heading. Refer to the lists of Accounts in the
information given, Labels,...
On the basis of the following data taken from the Adjusted
Trial Balance columns of the...
On the basis of the following data taken from the Adjusted
Trial Balance columns of the end-of-period spreadsheet for the year
ended March 31 for Banes Domino's Corporation, journalize the two
closing entries.
Banes Domino's Corporation
Adjusted Trial Balance
March 31
Debit
Credit
Cash
30,000
Accounts Receivable
45,200
Supplies
5,000
Equipment
169,900
Accumulated Depreciation
32,000
Accounts Payable
12,500
Common Stock
51,600
Retained Earnings
20,000
Dividends
47,000
Fees Earned
510,000
Salary Expense
244,500
Rent Expense
48,000
Depreciation Expense
25,000
Supplies Expense...
Based on the following data taken from the Adjusted Trial
Balance columns of the work sheet...
Based on the following data taken from the Adjusted Trial
Balance columns of the work sheet for the year ended October 31 for
Shore Co., journalize the closing entries
Cash
$ 21,500
Accounts Receivable
45,200
Supplies
5,000
Equipment
169,900
Accumulated Depreciation
$ 69,000
Accounts Payable
43,500
Stan Shore, Capital
152,600
Stan Shore, Drawing
30,000
Fees Earned
404,500
Salary Expense
300,500
Rent Expense
60,000
Depreciation Expense
25,000
Supplies Expense
9,500
Miscellaneous Expense
2,000
$668,600
$668,600
Answer:
Appendix: Adjustment Data on an End-of-Period Spreadsheet
Alert Security Services Co. offers security services to business...
Appendix: Adjustment Data on an End-of-Period Spreadsheet
Alert Security Services Co. offers security services to business
clients. The trial balance for Alert Security Services Co. has been
prepared on the following end-of-period spreadsheet for the year
ended October 31, 20Y5. In addition, the data for year-end
adjustments are as follows:
Fees earned but not yet billed, $37.
Supplies on hand, $9.
Insurance premiums expired, $46.
Depreciation expense, $18.
Wages accrued but not paid, $18.
Enter the adjustment data and place...
Flow of Accounts into Financial Statements The balances for the
accounts that follow appear in the...
Flow of Accounts into Financial Statements The balances for the
accounts that follow appear in the Adjusted Trial Balance columns
of the end-of-period spreadsheet. Indicate whether each account
would flow into the income statement, retained earnings statement,
or balance sheet. 1. Accumulated Depreciation—Building 2. Cash 3.
Fees Earned 4. Insurance Expense 5. Prepaid Rent 6. Supplies 7.
Dividends 8. Wages Expense
Finley Company
End-of-Period Spreadsheet
For the Year Ended December 31
Adjusted Trial Balance
Income Statement
Balance...
Finley Company
End-of-Period Spreadsheet
For the Year Ended December 31
Adjusted Trial Balance
Income Statement
Balance Sheet
Account Title
Debit
Credit
Debit
Credit
Debit
Credit
Cash
16,000
16,000
Accounts Receivable
6,000
6,000
Supplies
2,000
2,000
Equipment
19,000
19,000
Accumulated Depr.
6,000
6,000
Accounts Payable
10,000
10,000
Wages Payable
2,000
2,000
Common Stock
5,000
5,000
Retained Earnings
7,341
7,341
Dividends
1,000
1,000
Fees Earned
44,719
44,719
Wages Expense
20,237
20,237
Rent Expense
5,835
5,835
Depreciation Expense
4,988
4,988
Totals
75,060
75,060...
The following account balances were taken from the adjusted
trial balance for Shanghai Messenger Service, a...
The following account balances were taken from the adjusted
trial balance for Shanghai Messenger Service, a delivery service
firm, for the current fiscal year ended September 30, 2014:
Ex 4-5 Statement of comprehensive income The following account
balances were taken from the adjusted trial balance for Shanghai
Messenger Service, a delivery service firm, for the current fiscal
year ended September 30, 2014:
Depreciation Expense $7,250- Fees Earned $ 440,000
Insurance Expense 1,200
Miscellaneous Expense$ 7,100
Rent Expense $36,000
Salaries Expense...
Prepare the 4 required year-end closing entries, given the
following adjusted trial balance. Use Journal Entry...
Prepare the 4 required year-end closing entries, given the
following adjusted trial balance. Use Journal Entry format.
DEBIT
CREDIT
Cash
$112,000
Accounts Receivable
$27,000
Prepaid Rent
$15,000
Prepaid Insurance
$9,000
Office Supplies
$3,300
Equipment
$38,000
Accumulated Depreciation - Equipment
$3,200
Building
$288,000
Accumulated Depreciation - Building
$42,000
Land
$700,000
Accounts Payable
$25,800
Salaries Payable
$14,500
Interest Payable
$2,500
Notes Payable
$72,000
Common Stock
$200,000
Retained Earnings
$710,000
Dividends
$200,500
Service fees earned
$430,800
Salaries Expense
$90,000
Insurance Expense
$5,200
Rent...
The following is the adjusted trial balance for Stockton
Company.
Stockton Company
Adjusted Trial Balance
December...
The following is the adjusted trial balance for Stockton
Company.
Stockton Company
Adjusted Trial Balance
December 31
Cash
5,689
Accounts Receivable
2,748
Prepaid Expenses
732
Equipment
13,183
Accumulated Depreciation
8,786
Accounts Payable
1,469
Notes Payable
4,740
Common Stock
1,000
Retained Earnings
5,291
Dividends
774
Fees Earned
6,228
Wages Expense
2,812
Rent Expense
751
Utilities Expense
468
Depreciation Expense
235
Miscellaneous Expense
122
Totals
27,514
27,514
Determine the retained earnings ending balance.
a.$6,291
b.$27,514
c.$6,357
d.$1,840