The worksheet for Gibler Rental Company appears below. Using the adjustment data below, complete the worksheet....
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The worksheet for Gibler Rental Company appears below. Using the adjustment data below, complete the worksheet. Add any accounts that are necessary. Adjustment data (a) Prepaid rent expired during August, $2. (b) Depreciation expense on office equipment for the month of August, $8. (c) Supplies on hand on August 31 amounted to $6. (d) Salaries expense incurred at August 31 but not yet paid amounted to $10. GIBLER RENTAL COMPANY Worksheet For the Month Ended August 31, 2012 Adjusted Trial Balance Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit Trial Balance Adjustments Income Statement Balance Sheet Account Titles Cash 20 Accounts Receivable Prepaid Rent Supplies Office Equipment Accum. Depreciation- Equipment Accounts Payable 12 (a) 2 10 (c) 4 50 10 (b) 8 20 Gibler, Capital 25 Gibler, Drawing Rent Revenue 2. 77 Depreciation Expense Rent Expense Salaries Expense (b) 8 (a) 2 (d) 10 132 (c) 4 (d) 10 24 24 20 132 Totals Supplies Expense Salaries Payable - Totals Net Income Totals 44 The worksheet for Gibler Rental Company appears below. Using the adjustment data below, complete the worksheet. Add any accounts that are necessary. Adjustment data (a) Prepaid rent expired during August, $2. (b) Depreciation expense on office equipment for the month of August, $8. (c) Supplies on hand on August 31 amounted to $6. (d) Salaries expense incurred at August 31 but not yet paid amounted to $10. GIBLER RENTAL COMPANY Worksheet For the Month Ended August 31, 2012 Adjusted Trial Balance Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit Trial Balance Adjustments Income Statement Balance Sheet Account Titles Cash 20 Accounts Receivable Prepaid Rent Supplies Office Equipment Accum. Depreciation- Equipment Accounts Payable 12 (a) 2 10 (c) 4 50 10 (b) 8 20 Gibler, Capital 25 Gibler, Drawing Rent Revenue 2. 77 Depreciation Expense Rent Expense Salaries Expense (b) 8 (a) 2 (d) 10 132 (c) 4 (d) 10 24 24 20 132 Totals Supplies Expense Salaries Payable - Totals Net Income Totals 44 The worksheet for Gibler Rental Company appears below. Using the adjustment data below, complete the worksheet. Add any accounts that are necessary. Adjustment data (a) Prepaid rent expired during August, $2. (b) Depreciation expense on office equipment for the month of August, $8. (c) Supplies on hand on August 31 amounted to $6. (d) Salaries expense incurred at August 31 but not yet paid amounted to $10. GIBLER RENTAL COMPANY Worksheet For the Month Ended August 31, 2012 Adjusted Trial Balance Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit Trial Balance Adjustments Income Statement Balance Sheet Account Titles Cash 20 Accounts Receivable Prepaid Rent Supplies Office Equipment Accum. Depreciation- Equipment Accounts Payable 12 (a) 2 10 (c) 4 50 10 (b) 8 20 Gibler, Capital 25 Gibler, Drawing Rent Revenue 2. 77 Depreciation Expense Rent Expense Salaries Expense (b) 8 (a) 2 (d) 10 132 (c) 4 (d) 10 24 24 20 132 Totals Supplies Expense Salaries Payable - Totals Net Income Totals 44 The worksheet for Gibler Rental Company appears below. Using the adjustment data below, complete the worksheet. Add any accounts that are necessary. Adjustment data (a) Prepaid rent expired during August, $2. (b) Depreciation expense on office equipment for the month of August, $8. (c) Supplies on hand on August 31 amounted to $6. (d) Salaries expense incurred at August 31 but not yet paid amounted to $10. GIBLER RENTAL COMPANY Worksheet For the Month Ended August 31, 2012 Adjusted Trial Balance Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit Trial Balance Adjustments Income Statement Balance Sheet Account Titles Cash 20 Accounts Receivable Prepaid Rent Supplies Office Equipment Accum. Depreciation- Equipment Accounts Payable 12 (a) 2 10 (c) 4 50 10 (b) 8 20 Gibler, Capital 25 Gibler, Drawing Rent Revenue 2. 77 Depreciation Expense Rent Expense Salaries Expense (b) 8 (a) 2 (d) 10 132 (c) 4 (d) 10 24 24 20 132 Totals Supplies Expense Salaries Payable - Totals Net Income Totals 44 The worksheet for Gibler Rental Company appears below. Using the adjustment data below, complete the worksheet. Add any accounts that are necessary. Adjustment data (a) Prepaid rent expired during August, $2. (b) Depreciation expense on office equipment for the month of August, $8. (c) Supplies on hand on August 31 amounted to $6. (d) Salaries expense incurred at August 31 but not yet paid amounted to $10. GIBLER RENTAL COMPANY Worksheet For the Month Ended August 31, 2012 Adjusted Trial Balance Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit Trial Balance Adjustments Income Statement Balance Sheet Account Titles Cash 20 Accounts Receivable Prepaid Rent Supplies Office Equipment Accum. Depreciation- Equipment Accounts Payable 12 (a) 2 10 (c) 4 50 10 (b) 8 20 Gibler, Capital 25 Gibler, Drawing Rent Revenue 2. 77 Depreciation Expense Rent Expense Salaries Expense (b) 8 (a) 2 (d) 10 132 (c) 4 (d) 10 24 24 20 132 Totals Supplies Expense Salaries Payable - Totals Net Income Totals 44 The worksheet for Gibler Rental Company appears below. Using the adjustment data below, complete the worksheet. Add any accounts that are necessary. Adjustment data (a) Prepaid rent expired during August, $2. (b) Depreciation expense on office equipment for the month of August, $8. (c) Supplies on hand on August 31 amounted to $6. (d) Salaries expense incurred at August 31 but not yet paid amounted to $10. GIBLER RENTAL COMPANY Worksheet For the Month Ended August 31, 2012 Adjusted Trial Balance Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit Trial Balance Adjustments Income Statement Balance Sheet Account Titles Cash 20 Accounts Receivable Prepaid Rent Supplies Office Equipment Accum. Depreciation- Equipment Accounts Payable 12 (a) 2 10 (c) 4 50 10 (b) 8 20 Gibler, Capital 25 Gibler, Drawing Rent Revenue 2. 77 Depreciation Expense Rent Expense Salaries Expense (b) 8 (a) 2 (d) 10 132 (c) 4 (d) 10 24 24 20 132 Totals Supplies Expense Salaries Payable - Totals Net Income Totals 44
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Related Book For
College Accounting
ISBN: 978-1111528126
11th edition
Authors: Tracie Nobles, Cathy Scott, Douglas McQuaig, Patricia Bille
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