The T accounts below summarize the ledger of Bennet Landscaping Company at the end of the first
Question:
The T accounts below summarize the ledger of Bennet Landscaping Company at the end of the first month of operations.Instructions(a) Prepare the complete general journal (including explanations) from which the postings to Cash were made.(b) Prepare a trial balance at April 30,2012.
Transcribed Image Text:
Cash No. 101 Unearned Service Revenue No. 209 12,000 4/15 900 4/25 400 4/1 1,300 4/30 1,000 4/12 1,500 4/29 4/30 1,000 Owner's Capital Accounts Receivable No. 112 No. 301 | 4/1 3,200 | 4/29 12,000 4/7 400 Service Revenue Supplies No. 126 No. 400 4/7 4/4 1.800 3,200 4/12 900 Accounts Payable No. 201 Salaries and Wages Expense No. 726 1.500 | 4/4 1,300 4/25 1,800 4/15
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (12 reviews)
a General Journal Date Account Titles and Explanation Ref Debit Credit Apr 1 Cash ...View the full answer
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Accounting Principles
ISBN: 978-0470534793
10th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Question Posted:
Students also viewed these Accounting questions
-
The T accounts below summarize the ledger of Mardi Gras Catering Corporation at the end of the first month of operations: (a) Prepare the complete general journal entries (including explanations)...
-
The T accounts below summarize the ledger of Simon Landscaping Company at the end of the first month of operations. Instructions(a) Prepare the complete general journal (including explanations) from...
-
The T-accounts below summarize the ledger of Pierre Landscaping Company SA at the end of the first month of operations. Instructions (a) Prepare the complete general journal (including explanations)...
-
Research the Fisher-Yates shuffling algorithm online, then use it to reimplement the shuffle method in Fig.7.12. Fig.7.12 I // Fig. 7.12: DeckOfCards.java 2 // DeckOfCards class represents a deck of...
-
Countries that have low levels of development often benefit from outsourcing due to their low wages. Assume that a firm's board of directors is truly independent and makes decisions based only on...
-
What is the length of a contention slot in CSMA/CD for (a) A 2-km twin-lead cable (signal propagation speed is 82% of the signal propagation speed in vacuum)?, (b) A 40-km multi mode fiber optic...
-
Plot the curve obtained in the preceding exercise and the one obtained in Exercise 11.26 on one diagram and compare the fit of these two curves. Data From Exercise 11.26 11.26 The following data...
-
Madison Park Co-op, a whole foods grocery and gift shop, has provided the following data to be used in its service department cost allocations: Required: Using the step-down method, allocate the...
-
A desk is made of wood with density 9 0 0 kg m - 3 . It consists of a desktop 1 2 0 cm wide, 2 cm thick and 9 0 cm deep, resting on four square wooden legs 8 0 cm long and 5 cm on the other two...
-
The following invoices are being entered into the accounting system. Using the chart of accounts in Figure 2-1, determine the changes to the balance sheet, income statement, job cost ledger, and...
-
Selected transactions from the journal of Consuela Brown, investment broker, are presented below.Instructions(a) Post the transactions to T accounts.(b) Prepare a trial balance at August 31,2012....
-
Presented below is the ledger for Bowman Co. Instructions(a) Reproduce the journal entries for the transactions that occurred on October 1, 10, and 20, and provide explanations for each.(b) Determine...
-
What are the different approaches to choosing an appropriate forecasting model?
-
Provide four (4) major differences between differentiated marketing and undifferentiated marketing.
-
If you are a Starbucks marketing manager, describe the new service you are planning, A) What is the new services? B) Why is that service a positive for Starbuck's strategy?
-
You are an independent marketing consultant. You have been approached by a new client who is seeking advice on using product-mix pricing strategies: 1. Explain five (5) product-mix pricing...
-
Identify 2-3 target audiences for marketing and communications for New Balances "We Got Now" campaign with Jack Harlow and Kawhi Your explanation of these priority groups should be summarized with...
-
Major tools in marketing public relations include: Publications Media Events Speeches News public service Activities 1. Please choose two of the items in the list above. 2. Research and provide...
-
a. What is the purpose of the statement of changes in equity? b. What is its basic format?
-
Consider the circuit of Fig. 7.97. Find v0 (t) if i(0) = 2 A and v(t) = 0. 1 3 ett)
-
With no government involvement in college education, how many students enroll, what is the tuition, and what is the deadweight loss created? The marginal cost of educating a college student is $5,000...
-
The following account balances relate to the stockholders equity accounts of GoreCorp. at year-end. A small stock dividend was declared and issued in 2010. The market value of the shares was $10,500....
-
The income statement of Elbert Company is presented here. Additional information:1. Accounts receivable increased $250,000 during the year, and inventory decreased $500,000.2. Prepaid expenses...
-
Data for Elbert Company are presented in P17-3A. Instructions Prepare the operating activities section of the statement of cash flows using the direct method.
-
Privack Corporation has a standard cost system in which it applies overhead to products based on the standard direct labor-hours allowed for the actual output of the period. Data concerning the most...
-
HomeLife Life Insurance Company has two service departments ( actuarial and premium rating ) and two production departments ( advertising and sales ) . The distribution of each service department s...
-
Otsego Industries manufactured 300,000 units of product last year and identified the following costs associated with the manufacturing activity: Variable costs: Direct materials used Direct labor...
Study smarter with the SolutionInn App