Financial and Managerial Accounting 3rd Edition Horngren, Harrison, Oliver - Solutions

Journal Entry Accounts and Explanations Debit Credit Date a. Apr 30 Rent expense Prepaid rent 900 900 b. 30 Unearned ser

Sales and marketing expense Other assets Depreciation expense Long-term liabilities $2,100 Cash $1,100 5,500 Service rev

Sales and marketing expense Other assets Depreciation expense Long-term liabilities $1,300 4,000 500 Cash Service revenu

Long-term liabilities $ 800 Equipment 1,200 Cash 1,600 Service revenue 0 Retained earnings 1,100 Supplies 1,400 Accumula

Buildings Accounts payable Total expenses $4,200 Service revenue $1,115 400 1,200 Receivables 3,000 Interest expense 400

$ 7,800 Accounts payable 2,300 Accounts receivable 3,700 Note payable, long-term Prepaid rent Salary payable Service rev

Cash Equipment Accumulated depreciation Accounts payable Supplies Common stock $ 13,000 Service revenue 66,500 Salary ex

TELEGRAPHIC LINK, INC. Trial Balance November 30, 2012 Balance Debit Credit Account $ 4,000 Cash Accounts receivable 3,2

2011 2012 Prepaid rent $ 200 1,000 $ 3,100 Unearned service revenue 500

SILVER SIGN COMPANY Partial Worksheet Month Ended January 31, 2012 Adjusted Trial Balance Debit Credit Account Cash $14,

Retained carnings Income summary Dividends 31,000 Jan 1 152,000 100,000 Clo 220,000 Mar 31 10,000 Jun 30 7,000 Sep 30 8,

Journal Entry Accounts and Explanations Debit Credit Prepaid rent Cash 8,000 8,000 Prepaid the annual rent. Rent expense

Accounts receivable Supplies 5,000 (b) 46,000 2,000 2,400 (a) Accumulated depr.-building Accumulated depr.-furniture 8,0

BRIAN O

MYLA

FUGAZY INVESTMENT ADVISERS, INC. Trial Balance December 31, 2012 Balance Account Debit Credit $ 32,000 Cash Accounts rec

WOLFE ANVILS, INC. Trial Balance October 31, 2012 Balance Credit Account Debit $ 4,300 Cash Accounts receivable 15,000 P

RACER INTERNET, INC. Trial Balance March 31, 2012 Balance Debit Credit Account $ 4,300 Cash Accounts receivable 15,100 P

ELIAS REAL ESTATE APPRAISAL COMPANY Unadjusted Trial Balance June 30, 2012 Debit Credit Account Title Cash 4,900 Account

$ 900 Accounts payable 2,800 Accounts receivable 2,200 Accumulated depreciation-building 55,800 Common stock 4,000 Accum

BROOKE

GIAMBI INVESTMENT ADVISERS, INC. Trial Balance December 31, 2012 Balance Debit Credit Account $ 28,000 Cash Accounts rec

LEOPARD ANVILS, INC. Trial Balance January 31, 2012 Balance Debit Credit Account $ 4,400 Cash Accounts receivable 14,800

ROAD RUNNER INTERNET, INC. Trial Balance July 31, 2012 Balance Credit Debit Account $ 4,200 Cash Accounts receivable 14,

SMITH REAL ESTATE APPRAISAL COMPANY Unadjusted Trial Balance June 30, 2012 Account Title Debit Credit Cash 4,600 Account

Insurance expense Note payable, long-term Other assets Building Prepaid insurance Salary expense Salary payable Service

DRAPER CONSULTING, INC. Adjusted Trial Balance December 31, 2012 Balance Debit Account Title Credit Cash $16,350 Account

Accounts receivable Dec 31 Bal 12,300l Prepaid rent Jan 2 2,800 Cash Supplies Jan 2 2,600 Dec 31 Bal 5,800 Accumulated d