Selected worksheet data for Elsayed Company are presented below. Instructions (a) Fill in the missing amounts. (b)
Question:
Instructions
(a) Fill in the missing amounts.
(b) Prepare the adjusting entries that weremade.
Transcribed Image Text:
Adjusted Trial Balance Account Titles Trial Balance Dr Cr Accounts Receivable Prepaid Insurance Supplies Accumulated Depreciation-Equipment Salaries and Wages Payable Service Revenue Insurance Expense Depreciation Expense Supplies Expense Salaries and Wages Expense 34,000 20,000 26,000 7,000 12,000 5,600 97,000 88,000 10,000 4,500 49,000
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 61% (13 reviews)
a Accounts Receivable25000 34000 9000 Supplies2500 7000 ...View the full answer
Answered By
FREDRICK MUSYOKI
Professional Qualities:
Solution-oriented.
Self-motivated.
Excellent problem-solving and critical thinking skills.
Good organization, time management and prioritization.
Efficient troubleshooting abilities.
Tutoring Qualities:
I appreciate students as individuals.
I am used to tailoring resources for individual needs.
I can integrate IT into student's lessons.
I am good at explaining concepts.
I am able to help students progress.
I have a wide curriculum knowledge.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Accounting Principles
ISBN: 9781118566671
11th Edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
Question Posted:
Related Video
A trial balance is a list of all the general ledger accounts contained in the ledger of a business. This list will contain the name of each nominal ledger account and the value of that nominal ledger balance. Each nominal ledger account will hold either a debit balance or a credit balance
Students also viewed these Accounting questions
-
Selected worksheet data for Nicholson Company are presented below. Instructions(a) Fill in the missing amounts.(b) Prepare the adjusting entries that weremade. Adjusted Trial Balance Account Titles...
-
Selected worksheet data for Woodny Company are presented below.Instructions(a) Fill in the missing amounts.(b) Prepare the adjusting entries that weremade. Adjusted Account Titles Trial Balance Trial...
-
Selected worksheet data for Freeman Company are presented below. Instructions (a) Fill in the missing amounts. (b) Prepare the adjusting entries that weremade. Adjusted Trial Balance Account Titles...
-
Assume a retailer has fixed costs of $10,000, a unitvariable cost of $25, and a 50% retail margin. How many units must be sold for her tobreak-even? If she has a target profit of $200,000, how many...
-
Explain how to prepare a powder with an average particle diameter near 100 m by using sieves from Table 27-2. How would such a particle mesh size be designated?
-
Outline a racemic synthesis of Darvon (below), an analgesic compound whose use has been discontinued, starting with ethyl phenyl ketone. CH3- N CH3 O C6H5 CH3 C6H5 Tw
-
The current advertising campaign for a major soft-drink brand would be changed if less than 30 percent of the consumers like it. a. Formulate the null and alternative hypotheses. b. Discuss the type...
-
All of the deviations listed in E8-1 and E8-2 took place, and 1,100 units were started and finished. In E8-1 1,000 units were started and finished. Case 1: All prices and quantities for the cost...
-
Develop an essay where you will evaluate the basic concepts of the micro theory of economics. To do this, you must review content on the topic in academic literary resources. Provide a minimum of 2...
-
DryIce Inc., is a manufacturer of air conditioners that has seen its demand grow significantly. The company anticipates nationwide demand for the next year to be 180,000 units in the South, 120,000...
-
The adjustments columns of the worksheet for Misra Company are shown below Instructions (a) Prepare the adjusting entries. (b) Assuming the adjusted trial balance amount for each account is normal...
-
Kay Magill Company had the following adjusted trial balance. Instructions (a) Prepare closing entries at June 30, 2014. (b) Prepare a post-closing trialbalance. KAY MAGILL COMPANY Adjusted Trial...
-
In Prob. 13.112, the speed of the space vehicle was decreased as it passed through A by firing its engine in a direction opposite to the direction of motion. An alternative strategy for taking the...
-
a. Do you expect other firms to enter the Web sweatshirt business and compete with Sara? b. What happens to the demand for Saras sweatshirts in the long run? What happens to Saras economic profit in...
-
You roll a \(0.250-\mathrm{kg}\) wooden croquet ball toward a \(0.050-\mathrm{kg}\) golf ball at rest. (a) If the wooden ball travels at \(5.0 \mathrm{~m} / \mathrm{s}\) before the impact with the...
-
After coming down a slope, a 60-kg skier is coasting northward on a level, snowy surface at a constant \(15 \mathrm{~m} / \mathrm{s}\). Her \(5.0-\mathrm{kg}\) cat, initially running southward at...
-
A ball of inertia \(m\) bounces elastically from the floor. It has \(x\) component of velocity \(+v\) just before it hits the floor. What is the magnitude of its change in momentum in the collision?...
-
Take the common case where a moving object of inertia \(m_{\text {moving }}\) collides with a stationary object of inertia \(m_{\text {rest }}\). (a) Show that the fraction of kinetic energy not...
-
1. Describe the flows in the circular flow model in which expenditure on consumption goods and services, purchases of new national defense equipment, and payments for labor services appear. Through...
-
Given that all the choices are true, which one concludes the paragraph with a precise and detailed description that relates to the main topic of the essay? A. NO CHANGE B. Decades, X-ray C. Decades...
-
What makes particular situations or social circles unconducive to the recognition of opportunities?
-
Highlander Inc. reported the following selected information for the last three years (in millions, except for per share amounts): Instructions (a) Calculate Highlander's return on equity, earnings...
-
On December 31, 2013, LeBlanc Corporation had t Record and post transactions; he following shareholders' equity accounts: LEBLANC CORPORATION Balance Sheet (partial) December 31, 2013 Shareholders'...
-
Advanced Technologies Inc. reported the following information related to its shareholders' equity on January 1: Common shares, 1,000,000 authorized, 500,000 shares issued..............$1,500,000...
-
How do the local electronic and printing advertisements apply in the real ground? What are the most accepted brand names? What are the good qualities and demerits of the brand?
-
Gary and Linda assume they will need $70,000 at the beginning of each year in today's dollars when they retire in 6 years. The couple is assuming an annual inflation rate of 4% and a 7.5% after-tax...
-
What motivates you to succeed in your work or personal endeavors?Can you provide an example from your past experiences where you successfully turned a setback into a motivation to achieve a goal?
Study smarter with the SolutionInn App