The T accounts below summarize the ledger of Simon Landscaping Company at the end of the first
Question:
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 which the postings to Cash were made.(b) Prepare a trial balance at April 30,2010.
Transcribed Image Text:
No. 205 Cash No. 101 Unearned Revenue 15,000 4/15 900 4/25 4/30 1,000 4/1 600 1,500 4/12 400 4/29 4/30 1,000 J. Simon, Capital Accounts Receivable No. 301 No. 112 3.200 | 4/29 4/7 400 4/1 15,000 Supplies No. 126 Service Revenue No. 400 1,800 4/7 4/12 3,200 4/4 900 Salaries Expense Accounts Payable No. 201 No. 726 4/15 4/25 1,500 1,800 600 4/4
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (8 reviews)
a General Journal Date Account Titles and Explanation Ref Debit Credit Apr 1 Ca...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
Accounting Principles
ISBN: 978-0470533475
9th 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 Bennet 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)...
-
How many orders of magnitude is 3 . 2 \ times 1 0 - 9 m smaller than 0 . 0 0 0 0 4 m ?
-
The Super Discount store (open 24 hours a day, every day) sells 8-packs of paper towels, at the rate of approximately 420 packs per week. Because the towels are so bulky, the annual cost to carry...
-
List the five steps in the process of sending face-to-face messages.
-
A company starts in business on 1 January 19X3, the financial year end being 31 December. You are to show: (a) The machinery account. (b) The provision for depreciation account. (c) The balance sheet...
-
Mega Electronix sells television sets and DVD players. The business is divided into two divisions along product lines. CVP income statements for a recent quarter's activity are presented below....
-
I have provided the templates gum As part of the continued advancement of technology, a drone camera market has emerged in recent years. The drone camera market has been growing as more photography...
-
A property was purchased on 1 January 20X0 for $2m. The estimated depreciable amount, excluding the land, was $1m and it had an estimated useful life of 50 years. Annual depreciation of $20,000 was...
-
Selected transactions from the journal of Teresa Gonzalez, investment broker, are presented below. Instructions(a) Post the transactions to T accounts.(b) Prepare a trial balance at August 31,2010....
-
Presented below and on the next page is the ledger for Heerey Co. Instructions(a) Reproduce the journal entries for the transactions that occurred on October 1, 10, and 20, and provide explanations...
-
A truss that is pinned at one end and on rollers at the other will be statically determinate if it satisfies the following equation: 0 = 2j - m - 3 where j is the number of joints and m is the number...
-
How do external factors, such as economic conditions or industry trends, influence organizational commitment, and how should organizations adapt to these influences ?
-
1. 3 2. MONEYBALL MOVIE WORKSHEET 1 1 1 11 6 7 1. Discuss the Oakland Athletics and what is going on with them? How are they look to change? What marketing techniques are being used to better the...
-
Provide and explain two (2) strategies used to build agency-client relationships below. Activity Strategy 1: Strategy 2: Your answer 1. Discuss three techniques used to identify the needs and...
-
How would you implement two different audience types from the module's slides and describe how you would tell each audience type about an emergency response plan. 2. If I was a leader in your...
-
What's the difference between application signing and notarization? What are the security benefits of notarization? Why does notarization require an internet connection?...
-
Natural frequency approximations using the finite element method are determined as the square roots of the eigenvalues of \(\mathbf{M}^{-1} \mathbf{K}\) where \(\mathbf{M}\) is the global mass matrix...
-
Write a program that initializes an array. It inputs a value from the user and searches the number in the array.
-
What is a dirty block?
-
The following variable costing income statements are available for Lyte Company and Darke Company. Instructions (a) Compute the break-even point in dollars and the margin of safety ratio for each...
-
The following variable costing income statements are available for Lyte Company and Darke Company. Instructions (a) Compute the break-even point in dollars and the margin of safety ratio for each...
-
Peaches and Cream Corporation manufactures cosmetic products that are sold through a network of sales agents. The agents are paid a commission of 16.25% of sales. The income statement for the year...
-
Tyler believes that some laws passed by his state's legislature are bad, and he refuses to comply with them. He believes a universal law above all others that grants rights to all people and that it...
-
Organizational commitment increases the likelihood that an individual will respond to a negative work event with loyalty or neglect. voice or exit. loyalty or voice. O exit or loyalty.
-
In the context of decision-making, satisficing refers to Selecting options at random without any thought O Always choosing the first available option O Avoiding decisions to reduce cognitive load...
Study smarter with the SolutionInn App