$($d$)$ Sell a $\backslash (\backslash$$ $1,000\backslash )$ gift certificate. Debit and credit the accounts affected Ensure the equation still balances and debits $=$ credits $($e$)$ Customer redeems $\backslash (\backslash$$ $1,000\backslash )$ gift certificate for website design services. Debit and credit the accounts affected Ensure the equation still balances and debits $=$ credits $($f$)$ Paid employees $\backslash (\backslash$$ $16,000\backslash )$ earned. Debit and credit the accounts affected Ensure the equation still balances and debits $\backslash (=\backslash )$ credits

Lecture $3$ HW

HANDOUT $3-1,$ continued

$($i$)$ Received $\backslash (\backslash$$ $500\backslash )$ utility bill for this month, to be paid immediately.

Debit and credit the accounts affected

Ensure the equation still balances and debits $\backslash (=\backslash )$ credits Lecture $3$ HW

Lecture $3$ HW

HANDOUT $3-1,$ continued

$\backslash$begin$\{$tabular$\}\{|$l$|$l$|$l$|$l$|\}$

$\backslash$hline $\backslash$multicolumn$\{4\}\{|$c$|\}\{$ Assets $\}\backslash \backslash$

$\backslash$hline $\backslash$multicolumn$\{4\}\{|$c$|\}\{+$ Cash$-\}\backslash \backslash$

$\backslash$hline BerBal $3,100$ & & $\backslash \backslash$

$\backslash$hline & & & $\backslash \backslash$

$\backslash$hline & & & $\backslash \backslash$

$\backslash$hline & & & $\backslash \backslash$

$\backslash$hline & & & $\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}$

$\backslash$begin$\{$tabular$\}\{|$l$|$l$|$l$|\}$

$\backslash$hline $\backslash$multicolumn$\{3\}\{|$c$|\}\{$Liabilities$\}\backslash \backslash$

$\backslash$hline $\backslash$multicolumn$\{3\}\{|$l$|\}\{-$ Accounts Payable $+\}\backslash \backslash$

$\backslash$hline & $0$ & BegBal $\backslash \backslash$

$\backslash$hline & & $\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}$

$\backslash$begin$\{$tabular$\}\{$l$|$l$|$l$|$l$|\}$

$\backslash$multicolumn$\{3\}\{$c$|\}\{$ Stockholders' Equity $\}\backslash \backslash$

$+$ Contributed Capital$-\backslash \backslash$

$\backslash$hline & & $10,000$ & BeaBal $\backslash \backslash$

$\backslash$hline & & & $\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}$

$\backslash$begin$\{$tabular$\}\{|$r$|$r$|$l$|\}$

$\backslash$multicolumn$\{3\}\{$c$\}\{-$ Notes Payable $+\}\backslash \backslash$

$\backslash$hline & & $15,000\backslash \backslash$

$\backslash$hline & & BerBal $\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}$

$\backslash$begin$\{$tabular$\}\{$c$|$c$|$c$|$c$|\}$

$\backslash$multicolumn$\{3\}\{$c$\}\{-$ Retained Earnings $+\}\backslash \backslash$

$\backslash$hline & & $0$ & BerBal $\backslash \backslash$

$\backslash$hline & & & $\backslash \backslash$

$\backslash$hline & & & $\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}$

$\backslash$begin$\{$tabular$\}\{$l$|$l$|$l$|$l$\}$

$\backslash$multicolumn$\{4\}\{$c$\}\{+$ Supplies $-\}\backslash \backslash$

$\backslash$hline BerBal & $900$ & & $\backslash \backslash$

$\backslash$hline & & & $\backslash \backslash$

$\backslash$hline & & & $\backslash \backslash$

$\backslash$hline & & & $\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}$

$\backslash$begin$\{$tabular$\}\{$cr$|$c$|$c$\}$

$\backslash$multicolumn$\{4\}\{$c$\}\{+$ Accounts Receivable$-\}\backslash \backslash$

$\backslash$hline Bergal & $0$ & & $\backslash \backslash$

$\backslash$hline & & & $\backslash \backslash$

$\backslash$hline & & & $\backslash \backslash$

$\backslash$hline & & & $\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}$

$\backslash$begin$\{$tabular$\}\{$ll$|$l$|$l$\}$

$\backslash$multicolumn$\{4\}\{$c$\}\{+$ Prepaid Rent $-\}\backslash \backslash$

$\backslash$hline Bergal & $0$ & & $\backslash \backslash$

$\backslash$hline & & & $\backslash \backslash$

$\backslash$hline & & & $\backslash \backslash$

$\backslash$hline & & & $\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}$

$\backslash$begin$\{$tabular$\}\{|$l$|$l$|$l$|$l$|\}$

$\backslash$multicolumn$\{4\}\{$c$\}\{+$ Prepaid Insurance $-\}\backslash \backslash$

$\backslash$hline BerBal & $0$ & & $\backslash \backslash$

$\backslash$hline & & & $\backslash \backslash$

$\backslash$hline & & & $\backslash \backslash$

$\backslash$hline & & & $\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}$

$+$ Property, Plant $\backslash$& Equipment $\backslash$begin$\{$tabular$\}\{|$l$|$l$|$l$|$l$|\}$

$\backslash$hline $\backslash$multicolumn$\{4\}\{$c$\}\{-\}\backslash \backslash$

$\backslash$hline Bergal & $21,000$ & & $\backslash \backslash$

$\backslash$hline & & & $\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}$

HW $3-2$

PREPARATION OF UNADJUSTED TRIAL BALANCE

World Wide Webster

Unadjusted Trial Balance

January $312,2010$

$\backslash$begin$\{$tabular$\}\{|$l$|$l$|$l$|\}$

$\backslash$hline Account & Debit & Credit $\backslash \backslash$

$\backslash$hline Cash & & $\backslash \backslash$

$\backslash$hline Supplies & & $\backslash \backslash$

$\backslash$hline Accounts Receivable & & $\backslash \backslash$

$\backslash$hline Prepaid Rent & & $\backslash \backslash$

$\backslash$hline Prepaid Insurance & & $\backslash \backslash$

$\backslash$hline Property, Plant $\backslash$& Equipment & & $\backslash \backslash$

$\backslash$hline Accounts Payable & & $\backslash \backslash$

$\backslash$hline Notes Payable & & $\backslash \backslash$

$\backslash$hline Unearned Revenue & & $\backslash \backslash$

$\backslash$hline Contributed Capital & & $\backslash \backslash$

$\backslash$hline Retained Earnings & & $\backslash \backslash$

$\backslash$hline Revenue & & $\backslash \backslash$

$\backslash$hline Wage Expense & & $\backslash \backslash$

$\backslash$hline Utilities Expense & & $\backslash \backslash$

$\backslash$hline Telephone Expense & & $\backslash \backslash$

$\backslash$hline Totals & & $\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}$