Question

Prepare a trial balance. (LO 4) The following accounts are taken from the ledger of Carland...

Prepare a trial balance.

(LO 4)

The following accounts are taken from the ledger of Carland Company at December 31, 2017.

200 Notes Payable $20,000 101 Cash $ 6,000
301 Owner's Capital 28,000 126 Supplies 6,000
157 Equipment 80,000 729 Rent Expense 4,000
306 Owner's Drawings 8,000 212 Salaries and Wages Payable 3,000
726 Salaries and Wages Expense 38,000 201 Accounts Payable 11,000
400 Service Revenue 88,000 112 Accounts Receivable 8,000

Prepare a trial balance in good form.

Business   Accounting   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Sheridan Company ended its fiscal year on July 31, 2020. The company’s adjusted trial balance as...
Sheridan Company ended its fiscal year on July 31, 2020. The company’s adjusted trial balance as of the end of its fiscal year is as follows. Sheridan Company Adjusted Trial Balance July 31, 2020 No. Account Titles Debit Credit 101 Cash $8,100 112 Accounts Receivable 8,900 157 Equipment 15,800 158 Accumulated Depreciation—Equip. $7,200 201 Accounts Payable 4,800 208 Unearned Rent Revenue 1,900 301 Owner’s Capital 44,900 306 Owner’s Drawings 16,400 400 Service Revenue 64,900 429 Rent Revenue 6,400 711 Depreciation...
Ch 4 Do It! 4-3 (p. 4-42) DO IT! 4.2 (LO 2) Paloma Company shows the...
Ch 4 Do It! 4-3 (p. 4-42) DO IT! 4.2 (LO 2) Paloma Company shows the following balances in selected accounts of its adjusted trial balance. Prepare closing entries. Supplies    $32,000 Supplies Expense 6,000 Accounts Receivable 12,000 Owner's Drawings 22,000 Owner's Capital 70,000 Service Revenue 108,000 Salaries and Wages Expense 40,000 Utilities Expense 8,000 Rent Expense 18,000 Prepare the closing entries at December 31.
The adjusted trial balance columns of the worksheet for Martinez Company are as follows. Martinez Company...
The adjusted trial balance columns of the worksheet for Martinez Company are as follows. Martinez Company Worksheet For the Year Ended December 31, 2019 Adjusted Trial Balance Account No. Account Titles Dr. Cr. 101 Cash 5,300 112 Accounts Receivable 10,700 126 Supplies 1,600 130 Prepaid Insurance 1,900 157 Equipment 27,500 158 Accumulated Depreciation—Equipment 5,100 200 Notes Payable 14,000 201 Accounts Payable 6,100 212 Salaries and Wages Payable 2,100 230 Interest Payable 700 311 Common Stock 9,900 320 Retained Earnings 3,400...
The adjusted trial balance columns of the worksheet for Martinez Company are as follows. Martinez Company...
The adjusted trial balance columns of the worksheet for Martinez Company are as follows. Martinez Company Worksheet For the Year Ended December 31, 2019 Adjusted Trial Balance Account No. Account Titles Dr. Cr. 101 Cash 5,300 112 Accounts Receivable 10,700 126 Supplies 1,600 130 Prepaid Insurance 1,900 157 Equipment 27,500 158 Accumulated Depreciation—Equipment 5,100 200 Notes Payable 14,000 201 Accounts Payable 6,100 212 Salaries and Wages Payable 2,100 230 Interest Payable 700 311 Common Stock 9,900 320 Retained Earnings 3,400...
QUESTION 13 Joshua Metal Company Adjusted Trial Balance for the Month Ending December 31, 2019 Account...
QUESTION 13 Joshua Metal Company Adjusted Trial Balance for the Month Ending December 31, 2019 Account Title Debit Credit 100-Cash 3,650 101-Accounts Receivable 4,500 102-Supplies 6,800 103-Prepaid Rent 22,000 150-Computer (Cost) 85,000 151-Accumulated Depreciation 2,600 200-Accounts Payable 5,000 201-Unearned Revenue 12,600 202-Salaries & Wages Payable 8,700 300-Owner's Capital 125,000 301-Owner's Drawings 10,000 400-Product Revenue 75,000 404-Service Revenue 36,000 500-Telephone Expense 2,450 601-Salaries & Wages Expense 125,000 650-Supplies Expense 2,500 750-Depreciation Expense 500 790-Rent Expense 2,500 264,900 264,900 Please prepare a...
Joshua Metal Company Adjusted Trial Balance for the Month Ending December 31, 2019 Account Title Debit...
Joshua Metal Company Adjusted Trial Balance for the Month Ending December 31, 2019 Account Title Debit Credit 100-Cash 3,650 101-Accounts Receivable 4,500 102-Supplies 6,800 103-Prepaid Rent 22,000 150-Computer (Cost) 85,000 151-Accumulated Depreciation 2,600 200-Accounts Payable 5,000 201-Unearned Revenue 12,600 202-Salaries & Wages Payable 8,700 300-Owner's Capital 125,000 301-Owner's Drawings 10,000 400-Product Revenue 75,000 404-Service Revenue 36,000 500-Telephone Expense 2,450 601-Salaries & Wages Expense 125,000 650-Supplies Expense 2,500 750-Depreciation Expense 500 790-Rent Expense 2,500 264,900 264,900 Please prepare a journal entry...
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
Okabe Company ended its fiscal year on July 31, 2017. The company’s adjusted trial balance as...
Okabe Company ended its fiscal year on July 31, 2017. The company’s adjusted trial balance as of the end of its fiscal year is shown below. OKABE COMPANY Adjusted Trial Balance July 31, 2017 No. Account Titles Debit Credit 101 Cash $9,900 112 Accounts Receivable 9,200 157 Equipment 16,100 158 Accumulated Depreciation—Equip. $7,400 201 Accounts Payable 4,900 208 Unearned Rent Revenue 1,700 301 Owner’s Capital 45,500 306 Owner’s Drawings 16,100 400 Service Revenue 65,000 429 Rent Revenue 6,400 711 Depreciation...
Victoria Lee Company had the following adjusted trial balance. Victoria Lee Company Adjusted Trial Balance For...
Victoria Lee Company had the following adjusted trial balance. Victoria Lee Company Adjusted Trial Balance For the Month Ended June 30, 2020 Adjusted Trial Balance Account Titles Debit Credit Cash $3,712 Accounts Receivable 3,904 Supplies 480 Accounts Payable $1,382 Unearned Service Revenue 160 Owner’s Capital 5,760 Owner’s Drawings 550 Service Revenue 4,300 Salaries and Wages Expense 1,260 Miscellaneous Expense 256 Supplies Expense 1,900 Salaries and Wages Payable 460 $12,062 $12,062 Prepare closing entries at June 30,2020 Prepare a post- closing...
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...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT