Selected accounts of Villa Company are shown here. Instructions After analyzing the accounts, journalize (a) The July
Question:
Instructions
After analyzing the accounts, journalize
(a) The July transactions
(b) The adjusting entries that were made on July 31.
Transcribed Image Text:
Supplies Expense Salaries and Wages Payable July 31 750 July 31 1,000 Salaries and Wages Expense Accounts Receivable July 15 000 July 31 500 31 Service Revenue Unearned Service Revenue July 14 31 31 3,800 July 31 900 July Ba 1,500 20 900 500 600 Supplies July Bal. 1,100 July 31 750 10 200
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (10 reviews)
a July 10 Supplies 200 Cash 200 14 Cash 3800 Service Revenue 3800 15 Salaries and Wage...View the full answer
Answered By
Pushpinder Singh
Currently, I am PhD scholar with Indian Statistical problem, working in applied statistics and real life data problems. I have done several projects in Statistics especially Time Series data analysis, Regression Techniques.
I am Master in Statistics from Indian Institute of Technology, Kanpur.
I have been teaching students for various University entrance exams and passing grades in Graduation and Post-Graduation.I have expertise in solving problems in Statistics for more than 2 years now.I am a subject expert in Statistics with Assignmentpedia.com.
4.40+
3+ Reviews
10+ Question Solved
Related Book For
Accounting Tools for Business Decision Making
ISBN: 978-1118096895
6th edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
Question Posted:
Students also viewed these Cost Accounting questions
-
Selected accounts of Al-Kazaz SJSC are shown below. Instructions After analyzing the accounts, journalize (a) the July transactions and (b) the adjusting entries that were made on July 31. Supplies...
-
The December 31, 2007 balance sheet accounts of the Hitt Company are shown here in alphabetical order: Required 1. Prepare the December 31, 2007 balance sheet of the Hitt Company. 2. Compute the...
-
The December 31, 2010 balance sheet accounts of the Hitt Company are shown here in alphabetical Order Required 1. Prepare the December 31, 2010 balance sheet of the Hitt Company. 2. Compute the...
-
When VGS = 0.5 VGS(off) . gm. is -------------- the maximum value. Select one: a. one-fourth b. three-fourths c. equal to d. one-half
-
A Masters of Accountancy degree at Mid-State University would cost $15,000 for an additional fifth year of education beyond the bachelors degree. Assume that all tuition is paid at the beginning of...
-
H.J. Heinz Company was founded in 1869 at Sharpsburg, Pennsylvania, by Henry J. Heinz. The company manufactures and markets food products throughout the world, including ketchup, condiments and...
-
The enzyme lipase catalyzes the hydrolysis of esters of fatty acids. The hydrolysis of p-nitrophenyloctanoate was followed by measuring the appearance of p-nitrophenol in the reaction mixture: The...
-
Dallas Industries has adopted the following production budget for the first 4 months of 2013. Each unit requires 3 pounds of raw materials costing $2 per pound. On December 31, 2012, the ending raw...
-
An express train service travels from London to Paris are an average speed of 200km/h and returns to London at an average speed of 160km/h. Each day the train travels 4 trips from London to Paris and...
-
Give an example for each of the following: A cost that is variable and direct, a cost that is variable and indirect, a cost that is fixed and direct, and a cost that is fixed and indirect.
-
The income statement of Norski Co. for the month of July shows net income of $2,000 based on Service Revenue $5500, Salaries and Wages Expense $2100, Supplies Expense $900 and Utilities Expense $500....
-
This is a partial adjusted trial balance of Ramon Company. Instructions Answer these questions, assuming the year begins January 1. (a) If the amount in Supplies Expense is the January 31 adjusting...
-
The compartment heater of an automobile exchanges heat between warm radiator fluid and cooler outside air, the flow rate of water is large compared to the air, and the effectiveness, , of the heater...
-
Policy: Female Genital Mutilation Please answer questions below 3) Why will this policy impact Social Worker, Day Care Provider, Teachers, School Nurse, Licensee Medical Professional, Parents from...
-
provide a specific examples of what and how key performance indicator's (KPIs) are used in the U.S. Foreign Military Sales Training Program? Could other methodologies/processes such as TQM, Lean,...
-
Mainstream and its Critics our concern is with mainstream (the main stream) psychology, the dominant approach within academic psychology. The term 'mainstream psychology' is often used in criticisms...
-
Use two concrete examples of how the organization's design can influence a specific HIM function or role. The first example should reflect a positive influence on an HIM function. The second example...
-
Let f(x)=4x+14x-8 and g(x)=x+4. Perform the function operation and then find the domain of the result. (x)=(Simplify your answer.)
-
In problem, x = 0 is a regular singular point of the given differential equation. Show that the indicial roots of the singularity do not differ by an integer. Use the method of Frobenius to obtain...
-
What is the back work ratio? What are typical back work ratio values for gas-turbine engines?
-
Donna Dye operates Double D Riding Academy, Inc. The academy??s primary sources of revenue are riding fees and lesson fees, which are provided on a cash basis. Donna also boards horses for owners,...
-
Clean Sweep Company offers home cleaning service. Two recurring transactions for the company are billing customers for services provided and paying employee salaries. For example, on March 15 bills...
-
Courtney Delacey is the assistant chief accountant at BIT Company, a manufacturer of computer chips and cellular phones. The company presently has total sales of $20 million. It is the end of the...
-
You plan to retire in exactly 30 years. Your goal is to create a fund that will allow you to receive $30,000 per year for the 20 years you think you will live after retirement. You can earn 10%...
-
Firms often seek to improve their profit margins by acquiring a supplier - the motive being to capture the supplier's profit (net income) as well as their own. Some financial data is provided in the...
-
What are the ethical implications of leveraging artificial intelligence and machine learning algorithms in predictive analytics, particularly in domains such as healthcare and criminal justice?
Study smarter with the SolutionInn App