The worksheet of Temp-2-Perm Employment Service follows but is incomplete. (Click the icon the view the...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
The worksheet of Temp-2-Perm Employment Service follows but is incomplete. (Click the icon the view the worksheet.) The following data at April 30, 2018 are given for Temp-2-Perm Employment Service: (Click the icon to view the additional information.) Read the requirements Requirements 1. and 2. Calculate and enter the adjustment amounts directly in the Adjustments columns. Use letters a through d to label the four adjustments. Calcul and enter the adjusted account balances in the Adjusted Trial Balance columns. The account names and unadjusted trial balance amounts as provided in the question have been entered into the worksheet for you. Finish the partial worksheet by completing the adjustments and adjusted trial balance columns. Complete the Adjustments columns by using the letters a through d to label the four adjustments. Account Names Cash Accounts Receivable Office Supplies Equipment Accumulated Depreciation Equipment Salaries Payable Common Stock Dividends Service Revenue Salaries Expense Rent Expense Depreciation Expense-Equipment Supplies Expense Total S Temp-2-Perm Employment Service Worksheet April 30, 2018 Unadjusted Trial Balance Debit 700 4,500 700 32,700 5.500 2,600 1,200 Credit $ 13,500 25,400 9,000 $ 47,900 $ 47,900 Adjustments Debit Credit Adjusted Trial Balance Debit Credit con to view the additional information.) rements. Data Table le Account Names Cash Accounts Receivable Office Supplies Equipment Accumulated Danraciation Fauinment. epreciationi-Equipment Trial Balance Debit $ 13,900 1,200 4,600 900 32,600 Credit s 13.000 Print Done list or enter any number in the input fields and then click Check Answer. Clear All Adjustments Debit Credit Trial Balance Debit Credit Check Answ are given for Next Job Employment Service: the icon to view the additional information.) equirements. he nt th N R pp ng Data Table Equipment Accumulated Depreciation Equipment Salaries Payable Common Stock Dividends Service Revenue Salaries Expense Dant Cunun ht ted Depreciation Equipment Payable $ 13,900 32,600 5,300 2,900 100 $ 13,900 25,500 Print 9,500 Done m any list or enter any number in the input fields and then click Check Answer. Clear All Check Answer on the view the worksheet.) ng data at April 30, 2018 are given for Next Job Employment Service: the icon to view the additional information.) equirements. he ht ht N th R PR Data Table ng Dividends Service Revenue Salaries Expense Rent Expense Depreciation Expense-Equipment Supplies Expense Total ated Depreciation Equipment Payable 5,300 $ 13,900 2,900 1,400 $ 48,900 $ 9,500 48,900 Print Done m any list or enter any number in the input fields and then click Check Answer. Clear All Check Ar More Info a. Service revenue accrued, $1,300. Office supplies used, $400. b. c. Depreciation on equipment, $1,400. d. Salaries owed to employees, $800. Print Done ers a workshe The worksheet of Temp-2-Perm Employment Service follows but is incomplete. (Click the icon the view the worksheet.) The following data at April 30, 2018 are given for Temp-2-Perm Employment Service: (Click the icon to view the additional information.) Read the requirements Requirements 1. and 2. Calculate and enter the adjustment amounts directly in the Adjustments columns. Use letters a through d to label the four adjustments. Calcul and enter the adjusted account balances in the Adjusted Trial Balance columns. The account names and unadjusted trial balance amounts as provided in the question have been entered into the worksheet for you. Finish the partial worksheet by completing the adjustments and adjusted trial balance columns. Complete the Adjustments columns by using the letters a through d to label the four adjustments. Account Names Cash Accounts Receivable Office Supplies Equipment Accumulated Depreciation Equipment Salaries Payable Common Stock Dividends Service Revenue Salaries Expense Rent Expense Depreciation Expense-Equipment Supplies Expense Total S Temp-2-Perm Employment Service Worksheet April 30, 2018 Unadjusted Trial Balance Debit 700 4,500 700 32,700 5.500 2,600 1,200 Credit $ 13,500 25,400 9,000 $ 47,900 $ 47,900 Adjustments Debit Credit Adjusted Trial Balance Debit Credit con to view the additional information.) rements. Data Table le Account Names Cash Accounts Receivable Office Supplies Equipment Accumulated Danraciation Fauinment. epreciationi-Equipment Trial Balance Debit $ 13,900 1,200 4,600 900 32,600 Credit s 13.000 Print Done list or enter any number in the input fields and then click Check Answer. Clear All Adjustments Debit Credit Trial Balance Debit Credit Check Answ are given for Next Job Employment Service: the icon to view the additional information.) equirements. he nt th N R pp ng Data Table Equipment Accumulated Depreciation Equipment Salaries Payable Common Stock Dividends Service Revenue Salaries Expense Dant Cunun ht ted Depreciation Equipment Payable $ 13,900 32,600 5,300 2,900 100 $ 13,900 25,500 Print 9,500 Done m any list or enter any number in the input fields and then click Check Answer. Clear All Check Answer on the view the worksheet.) ng data at April 30, 2018 are given for Next Job Employment Service: the icon to view the additional information.) equirements. he ht ht N th R PR Data Table ng Dividends Service Revenue Salaries Expense Rent Expense Depreciation Expense-Equipment Supplies Expense Total ated Depreciation Equipment Payable 5,300 $ 13,900 2,900 1,400 $ 48,900 $ 9,500 48,900 Print Done m any list or enter any number in the input fields and then click Check Answer. Clear All Check Ar More Info a. Service revenue accrued, $1,300. Office supplies used, $400. b. c. Depreciation on equipment, $1,400. d. Salaries owed to employees, $800. Print Done ers a workshe
Expert Answer:
Answer rating: 100% (QA)
Accounts name Cash Accounts receivables Office Supp... View the full answer
Related Book For
Horngrens Financial and Managerial Accounting The Financial Chapters
ISBN: 978-0134486857
6th edition
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
Posted Date:
Students also viewed these accounting questions
-
The worksheet of Best Jobs Employment Service follows but is incomplete. The following data at April 30, 2018, are given for Best Jobs Employment Service: a. Service revenue accrued, $700. b. Office...
-
b) Bayport Finance services provides small and medium-sized personal loans to clients. It has been operating for more than 10 years and has always been run by Mr Zimba. Zimba has been the public face...
-
The unadjusted trial balance of Telecom Solution at November 30, 2018 follows: (Click the icon to view the trial balance.) Additional information at November 30, 2018: (Click the icon to view the...
-
WiCom Servicing completed these transactions during November 2020, its first month of operations: Required 1. Prepare journal entries to record the transactions. Use general journal page 1. 2. Set up...
-
Under what circumstances should a loss contingency be accrued?
-
Consider the model with a single regressor Yit = 1X1,it + i + t + uit. This model also can be written as where B2i = 1 if t = 2 and 0 otherwise, D2i = 1 if i = 2 and 0 otherwise, and so forth. How...
-
The IT manager of Aztec Realty, Inc., prepared the balance sheet of the company while the accountant was ill. The balance sheet contains numerous errors. In par ticular, the IT manager knew that the...
-
A work cell at Chris Ellis Commercial Laundry has a workstation with two machines, and each unit produced at the station needs to be processed by both of the machines. (The same unit cannot be worked...
-
Examine the shift in accounting standards for loan loss provisioning from incurred loss models to expected credit loss models in the aftermath of the 2 0 0 7 - 0 8 Financial Crisis. How do the...
-
The following salaried employees of Mountain Stone Brewery in Fort Collins, Colorado, are paid semimonthly. Some employees have union dues or garnishments deducted from their pay. Required: Calculate...
-
Task 4 : ImplementWeakClass contains the following methodweakMethod4 public static int weakMethod4(boolean a, boolean b, int c, int d, int e) { int result = 0; if (a != b) { if ((c < 0) && (d == 0)...
-
During the COVID19 pandemic, local governments in the United States ordered some businesses, including restaurants, gyms, and movie theaters, to close, and as a result, those businesses laid off...
-
According to an article in the Wall Street Journal, in 2022, the Walt Disney Company hired 50 people for a new division of the company to develop metaverse strategiesfinding ways to tell interactive...
-
During the second quarter of 2020, the federal government attempted to support the economy using several programs, including making \($788\) billion in additional unemployment insurance payments to...
-
Determine the direction of the magnetic dipole moment in each current loop or charge distribution in Figure P28.29. In (c), the higher potential end of the loop is marked + , and in (d), the disk has...
-
Why are org charts commonly reviewed by internal auditors?
-
The Juicy Trust received $150,000 of interest income. The trustee took a $15,000 fee for her services. The trustee also paid $5,000 of trust income to a life insurance company to pay the annual...
-
Prove the following D,(cos x) = - sin x (Hint: Apply the identity cos(A + B) = cos A cos B sin A sin B)
-
Michael McNamee is the proprietor of a property management company, Apartment Exchange, near the campus of Pensacola State College. The business has cash of $ 8,000 and furniture that cost $ 9,000...
-
Complete the following chart by inserting a check mark (v) for each statement that istrue. Cash dividendStock dividend Stock split Decreases retained earnings Has no effect on a liability Increases...
-
Verifine Corp. reported the following on its comparative income statement: Prepare a horizontal analysis of revenues and gross profit-both in dollar amounts and in percentages-for 2019 and 2018. (In...
-
There are several advantages to incorporating your business, but can you list some of the commonly perceived disadvantages?
-
Define the three terms: asset; liability; and equity.
-
Reflect on the supplementary questions raised in Illustration 1.1. Do you think it is straightforward to ascertain accurate and reliable answers? Try to write in jargon-free terms an example of the...
Study smarter with the SolutionInn App