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
5,106
Accounts Receivable
2,539
Prepaid Expenses
767
Equipment
15,712
Accumulated Depreciation
4,396
Accounts Payable
1,787
Notes Payable
5,518
Common Stock
1,000
Retained Earnings
7,935
Dividends
865
Fees Earned
8,069
Wages Expense
2,198
Rent Expense
754
Utilities Expense
428
Depreciation Expense
223
Miscellaneous Expense
113
Totals
28,705
28,705
Determine the retained earnings ending balance.
a.$11,423
b.$28,705
c.$4,353
d.$8,935
Use the adjusted trial balance for Stockton Company to answer
the question that follows.
Stockton Company...
Use the adjusted trial balance for Stockton Company to answer
the question that follows.
Stockton Company
Adjusted Trial Balance
December 31
Account
No.
Debit
Balances
Credit
Balances
Cash
11
6,612
Accounts Receivable
12
2,647
Prepaid Expenses
13
677
Equipment
18
14,894
Accumulated Depreciation
19
1,479
Accounts Payable
21
1,489
Notes Payable
22
5,710
Bob Steely, Capital
31
14,347
Bob Steely, Drawing
32
787
Fees Earned
41
6,939
Wages Expense
51
2,915
Rent Expense
52
787
Utilities Expense
53
313
Depreciation...
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...
e the adjusted trial balance for Stockton Company to answer the
question that follow. Stockton Company...
e the adjusted trial balance for Stockton Company to answer the
question 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...
Q1
Use the adjusted trial balance for Stockton Company to answer
the question that follow.
Stockton...
Q1
Use the adjusted trial balance for Stockton Company to answer
the question that follow.
Stockton Company
Adjusted Trial Balance
December 31
Account
No.
Debit
Balances
Credit
Balances
Cash
11
5,411
Accounts Receivable
12
2,548
Prepaid Expenses
13
659
Equipment
18
13,452
Accumulated Depreciation
19
1,399
Accounts Payable
21
1,427
Notes Payable
22
5,444
Bob Steely, Capital
31
9,740
Bob Steely, Drawing
32
688
Fees Earned
41
8,853
Wages Expense
51
2,519
Rent Expense
52
874
Utilities Expense
53
368
...
Prepare the Income Statement, the Retained Earning
Statement , the Classified Balance Sheet, and the
Closing Entries using...
Prepare the Income Statement, the Retained Earning
Statement , the Classified Balance Sheet, and the
Closing Entries using the adjusted trial balance for Stockton
Company.
Stockton Company
Adjusted Trial Balance
For the Year ended December 31, 2018
Cash
$ 6,030
Accounts Receivable
2,100
Prepaid Expenses
700
Land
10,000
Equipment
13,700
Accumulated Depreciation
$ 1,100
Accounts Payable
1,900
Notes Payable,
4,200
Common Stock
10,000
Retained Earnings
12,150
Fees Earned
8,750
Wages Expense
2,500
Rent Expense
1,960
Utilities Expense
775
Depreciation Expense
250
Miscellaneous Expense
85...
The following is the Frederick Company's adjusted Trial
Balance.
Frederick Company
Adjusted Trial Balance
December 31,...
The following is the Frederick Company's adjusted Trial
Balance.
Frederick Company
Adjusted Trial Balance
December 31, 2018
Account Title
Debit
Credit
Cash
$85,150
Accounts Receivable
229,140
Supplies
16,955
Equipment
395,285
Accumulated Depreciation
$221,260
Accounts Payable
74,235
Capital Stock
220,000
Retained Earnings
101,145
Service Revenue
893,105
Interest Income
1,500
Dividends
2,000
Rent Expense
58,500
Wages Expense
527,260
Supplies Expense
42,520
Utilities Expense
8,595
Depreciation Expense
145,840
________
Totals
$1,522,565
$1,522,565
Use this information to prepare the Balance Sheet for
the fiscal...
Miller Company
ADJUSTED TRIAL BALANCE
December 31, 20--
ACCOUNT TITLE
DEBIT
CREDIT
1
Cash
8,130.00
2...
Miller Company
ADJUSTED TRIAL BALANCE
December 31, 20--
ACCOUNT TITLE
DEBIT
CREDIT
1
Cash
8,130.00
2
Accounts Receivable
3,300.00
3
Prepaid Expenses
2,750.00
4
Equipment
10,400.00
5
Accumulated Depreciation
2,200.00
6
Accounts Payable
2,700.00
7
Notes Payable
1,000.00
8
Common Stock
9,200.00
9
Retained Earnings
2,000.00
10
Dividends
4,870.00
11
Fees Earned
36,600.00
12
Wages Expense
12,450.00
13
Rent Expense
4,900.00
14
Utilities Expense
3,475.00
15
Depreciation Expense
2,150.00
16
Miscellaneous Expense
1,275.00
17
Totals
53,700.00
53,700.00
Required:
Prepare closing...
The following is the Easton Company's adjusted Trial Balance
. Easton Company
Adjusted Trial Balance
December...
The following is the Easton Company's adjusted Trial Balance
. Easton Company
Adjusted Trial Balance
December 31, 2018
Account Title
Debit Credit
Cash $88,665
Accounts Receivable 232,000
Supplies 17,000
Equipment 395,000
Accumulated Depreciation $224,260
Accounts Payable 72,555
Capital Stock 220,000
Retained Earnings 127,145
Service Revenue 877,105
Interest Income 5,500
Dividends 7,000
Rent Expense 59,900
Wages Expense 529,000
Supplies Expense 40,000
Utilities Expense 8,000
Depreciation Expense 150,000 ________
Totals $1,526,565
$1,526,565
Use this information to prepare the Balance Sheet for the...
The following is the Easton Company's adjusted Trial
Balance.
Easton Company
Adjusted Trial Balance
December 31,...
The following is the Easton Company's adjusted Trial
Balance.
Easton Company
Adjusted Trial Balance
December 31, 2018
Account Title
Debit
Credit
Cash
$88,665
Accounts Receivable
232,000
Supplies
17,000
Equipment
395,000
Accumulated Depreciation
$224,260
Accounts Payable
72,555
Capital Stock
220,000
Retained Earnings
127,145
Service Revenue
877,105
Interest Income
5,500
Dividends
7,000
Rent Expense
59,900
Wages Expense
529,000
Supplies Expense
40,000
Utilities Expense
8,000
Depreciation Expense
150,000
________
Totals
$1,526,565
$1,526,565
Use this information to prepare the Balance Sheet for
the fiscal...