Using the Adjusted Trial Balance below, prepare a) The General
Journal Closing entries for Shona’s Real...
Using the Adjusted Trial Balance below, prepare a) The General
Journal Closing entries for Shona’s Real Estate b) A
Post-closing Trial Balance for Shona’s Real Estate
Shona’s Real Estate List of Account Balances As at 30 June 2020
Cash at Bank 67,400 Shona, Capital 146,500 Loan Payable 74,300
Accounts Receivable 2,100 Revenue 143,000 Supplies 2,000 Motor
Vehicles 89,000 Accumulated Depreciation- Motor Vehicles 8,200 Rent
Expense 80,000 Unearned Revenue 1,700 Prepaid Advertising 1,200
Shona, Drawings 45,500 Accounts Payable 17,500 Wages Expense...
Presented below is the adjusted trial balance of Katie’s Pet
Supplies as at its fiscal year...
Presented below is the adjusted trial balance of Katie’s Pet
Supplies as at its fiscal year end, June 30, 2017. All accounts are
their normal balance (debit or credit). Katie’s uses the perpetual
inventory system.
Accounts payable........................... $ 34,850 K.
Milani, Capital..................... $ 50,770
Accounts receivable.......................... 27,300 K.
Milani, Drawings.................. 24,000
Accum. depreciation, computers......... 1,500 Long-term note
receivable...... 14,000
Accum. depreciation, equipment....... 32,000 Merchandise
inventory............ 55,000
Advertising expense............................ 3,200 Note
payable, due 2018.......... 47,000
Cash.................................................... 9,500
Prepaid rent............................. 1,500
Computers..............................................
The trial balance of Sam Landscaping at 30 June 2019 is as
follows:
****URGENT*****
Sam Landscaping...
The trial balance of Sam Landscaping at 30 June 2019 is as
follows:
****URGENT*****
Sam Landscaping
Trial Balance
As at 30 June 2019
Account
Debit ($)
Credit ($)
Cash
46,000
Accounts Receivable
48,000
Prepaid insurance
4,800
Landscaping Supplies
12,000
Equipment
25,000
Accumulated Depreciation - Equipment
4,800
Accounts Payable
35,000
Unearned Service Revenue
6,000
Sam L., Capital
50,500
Drawings
3,000
Service Revenue
58,000
Salaries Expense
13,000
Miscellaneous Expense
2,500
Total
$ 154,300
$ 154,300
Additional information for the period:
a. The...
The adjusted trial balance for Oriole Company is given
below.
ORIOLE
COMPANY
Trial Balance
August 31,...
The adjusted trial balance for Oriole Company is given
below.
ORIOLE
COMPANY
Trial Balance
August 31, 2022
Before
Adjustment
After
Adjustment
Dr.
Cr.
Dr.
Cr.
Cash
$11,640
$11,640
Accounts Receivable
8,440
8,940
Supplies
2,930
1,370
Prepaid Insurance
4,250
2,860
Equipment
16,000
16,000
Accumulated Depreciation—Equipment
$3,600
$4,800
Accounts Payable
5,870
5,870
Salaries and Wages Payable
0
1,140
Unearned Rent Revenue
1,920
1,080
Common Stock
18,220
18,220
Retained Earnings
5,700
5,700
Dividends
2,600
2,600
Service Revenue
34,240
34,740
Rent Revenue
13,720
14,560...
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 trial balance for Pioneer Advertising is shown
below.
Wildhorse Advertising
Trial Balance
October 31, 2017...
The trial balance for Pioneer Advertising is shown
below.
Wildhorse Advertising
Trial Balance
October 31, 2017
Debit
Credit
Cash
$14,000
Supplies
2,500
Prepaid Insurance
600
Equipment
5,000
Notes Payable
$5,000
Accounts Payable
2,300
Unearned Service Revenue
1,300
Owner’s Capital
7,200
Owner’s Drawings
400
Service Revenue
10,900
Salaries and Wages Expense
3,400
Rent Expense
800
$26,700
$26,700
Assume the following adjustment data.
1.
Supplies on hand at October 31 total $300.
2.
Expired insurance for the month is $200.
3.
Depreciation...
TRIAL BALANCE
Particullars
Dr. Amount
Cr. Amount
Cash
27,522
Capital
10,000
Bank Loan
5000
Office equipment...
TRIAL BALANCE
Particullars
Dr. Amount
Cr. Amount
Cash
27,522
Capital
10,000
Bank Loan
5000
Office equipment (Desk and Chair)
448
Service revenue
15,820
Rent expense
600
Electricity expense
300
Advertisement Expense
600
Maintenance expense
250
Insurance expense
100
Office supplies
200
Shop product
1000
Revenue received advance
500
Salaries expense
1000
Account Payable
700
Total
32020
32020
Question 6 : (1.5 mark) Assuming it is end of August, below
are 5 adjusting entries. Record the adjusting entries in
the general journal...