The accounts in the ledger of Leaf Co. as of December 31, 2014, are listed in alphabetical
Question:
The accounts in the ledger of Leaf Co. as of December 31, 2014, are listed in alphabetical order as follows. All accounts have normal balances. The balance of the cash account has been intentionally omitted.
Prepare an unadjusted trial balance, listing the accounts in their normal order and inserting the missing figure forcash.
Accounts Payable Accounts Receivable Capital Stock Cash Dividends Fees Earned Insurance Expense 23,500 Notes Payable 38,100 Prepaid Insurance 8,000 Rent Expense 50,000 6,400 36,000 ? Retained Earnings 42,000 3,200 9,000 13,500 18,000 2,000 Wages Expense 476,800 16,000 Supplies 538,000 Supplies Expense 6,000 Unearned Rent 40,000 Utilities Expense Miscellaneous Expense
Step by Step Answer:
LEAF CO Unadjusted Trial Balance December 31 2014 Debi...View the full answer
Corporate Financial Accounting
ISBN: 978-1133952411
12th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
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
-
National Park Tours Co. is a travel agency. The nine transactions recorded by National Park Tours during May 2019, its first month of operations, are indicated in the following T accounts: Cash...
-
The accounts in the ledger of Roshek Delivery Service contain the following balances on July 31, 2012. Instructions(a) Prepare a trial balance with the accounts arranged as illustrated in the...
-
The accounts in the ledger of Sanford Delivery Service contain the following balances on July 31, 2010. InstructionsPrepare a trial balance with the accounts arranged as illustrated in the chapter...
-
At the beginning of the current tennis season, on April 1, 2024, Kicked-Back Tennis Shops inventory consisted of 50 tennis racquets at a cost of $40 each. Kicked-Back uses a perpetual inventory...
-
A solution is made containing 14.6 g of CH3OH in 184 g H2O. Calculate (a) The mole fraction of CH3OH, (b) The mass percent of CH3OH, (c) The molality of CH3OH.
-
How does risk affect interest rates?
-
(a) Determine the currents encircled by the five Amprian paths in Figure 28. 21e. (b) Rank the paths according to the magnitudes of the line integral of the magnetic field along each path, greatest...
-
As part of a quality improvement initiative, Consolidated Electronics employees complete a three-day training program on teaming and a two-day training program on problem solving. The manager of...
-
9. An arrow 2.5 cm high is placed at a distance of 25 cm from a diverging mirror of focal length 20 cm., Find the nature, position and size of the image formed. 10. The image formed by a convex...
-
3.2 A steel tension bar 8-mm thick and 50-mm wide with an initial single- edge crack of 10-mm long is subjected to an uniaxial stress = 140 MPa. a) Determine the stress intensity factor K. Is the...
-
Grand Canyon Tours Co. is a travel agency. The nine transactions recorded by Grand Canyon Tours during April 2014, its first month of operations, are indicated in the following T accounts: Indicate...
-
Indicate which of the following errors, each considered individually, would cause the trial balance totals to be unequal: a. A fee of $21,000 earned and due from a client was not debited to Accounts...
-
Find the LCD for the rational expressions. 3 x 2' 2x + 12x - 4
-
A 12-in-diameter distribution line will operate at a working pressure of 100 lb/in2. Average depth of cover will be 5.0 ft under a paved roadway. The native soil is sand. Using standard AWWA design...
-
I am doing a persuasive speech on texting and driving following Monroe pattern sequence I have to fill out a Outline along with my speech and I need help with the outline of this speech here is the...
-
once again that you are an automobile manufacturing executive tasked with increasing sales in your state. You wish to do a qualitative study to obtain the perspective of sales personnel regarding an...
-
For the Boolean functions E and F, as given in the following truth table: Y Z F E 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 0 0 1 0 0 1 0 1 1 1 1 1 1 (a) List the minterms and maxterms of each function. (b)...
-
Maisie owns and runs a bakery called Popular Pies. She puts an advertisement in the local newspaper as follows: "Why not order your special event pies from Popular Pies? We have cheese and...
-
Suppose that at some point in the reaction [B] = 0.9986 M, and that 13.20 min later [B] = 0.9746 M. What is the average rate of reaction during this time period, expressed in M s -1 ? A + 3B 2C + 2D
-
Identify the source of funds within Micro Credit? How does this differ from traditional sources of financing? What internal and external governance mechanisms are in place in Micro Credit?
-
Bounds for \(s^{2}\) in a two-way random effects model. For the random two-way error component model described by (2.1) and (3.1), consider the OLS estimator of \(\operatorname{var}\left(u_{i...
-
Melinda Stoffers owns and operates ABC Print Co. During February, ABC Print Co. incurred the following costs in acquiring two printing presses. One printing press was new, and the other was bought...
-
Melinda Stoffers owns and operates ABC Print Co. During February, ABC Print Co. incurred the following costs in acquiring two printing presses. One printing press was new, and the other was bought...
-
Big Sky Mining Co. acquired mineral rights for $42,000,000. The mineral deposit is estimated at 20,000,000 tons. During the current year, 1,850,000 tons were mined and sold. a. Determine the amount...
-
15.5 kg is moving due east with a speed VA = 7.80 m/s, while object (B) of mass mB = 30.0 kg is moving in a direction that makes angle of 58 north of east with a speed VB = 5.20 m/s. The two objects...
-
An object is launched horizontally from the top of a cliff with an initial speed of 1 5 m / s . When the obiect has traveled a horizontal distance of 4 0 meters, how far below the launch point is the...
-
200 cubic metres of hot humid air are being cooled. The original air is at 33.5 degrees Celsius and has a relative humidity of 70%. It is cooled to 20 degrees Celsius. How much water condenses from...
Study smarter with the SolutionInn App