Question: Given the information in the first image about Pipers Plumbing, fill in the different journal entries. Most of them I have done, but it says






Hele Sweat 5 Check Part 5 1 6.25 points Required information The following information applies to the questions displayed below) The general ledger of Poers Plumbing at January 1 2021, includes the following account balances Account Cash Debit 13,10 counts Receivable 3.10 Supplies 2.10 quipment 22.000 Melated Depreciation $5,200 Account Payable 3.200 utilities Payable 4,200 Deferred Have Com otok 16.000 Meta Hari 3,000 Totale 137,460 921,400 Piet The following is a summary of the transactions for the year. 1. Janoary 14 provide plumbing service for cash, 513,000, and on account. 553.000. 2. March 13 Collect on receivable, 540,000 3. May In shares of common stock in change for $12.000 ca. 1. June 30 Pay salaries for the urrent year. $31,600. 5. September 15 Pay wit of $4,200 to 3030 per year 6. Hover 2 Receive an advance from vars 07.200. 7. Dec 30 May 11,60 cash dividenda testo holders The following information is available for the adjusting entries Depreciation for the year on the machinery is $5.200 Plumbing supplies remaining on hand at the end of the year equal $1200. Of the $7.200 paid in advance by customers $5.600 of the work has been completed by the end of the yem Accrued tesat year-end amounted to 57400 Return to question Required information 8-b. Prepare a classified balance sheet for the year ended December 31 2021 (Amounts to be deducted should be indicated by a minus sign) . Answer is not complete. PEPERS PLUMBING Balance Sheet December 31, 2021 Liabilities Current Labs Accounts Payable Deferred Revenue Assets OLO Current Assets Cash Accounts Receivable Prepaid insurance Supplies Total current assets Long-term Assets Land OOOO 0 0 Total Current Lab Stockholder's Equity Common Stock Retained Earrings Total Stockholders Total Land Stockholders' Equity 3 0 g Total Assets 9. Record closing entries. (If no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field.) Answer is not complete. No Date General Journal Debit Cr 1 December 31 Service Revenue 76,600 2 December 31 31,600 Salaries Expense Utilities Expense Supplies Expense Depreciation Expense OO 7,400 1.600 5.200 3 3 December 31 Dividends 1.800 7 Return to question 1., 3., 6 & 10. Post the transactions, adjusting entries and closing entries to the T-accounts. Be sure to include beginning balances Part 703 Beg Bail 1 Answer is not complete Accounts rema Beg Bel B.300 1 38.000 15.000 6.25 2 3.000 13,000 40,000 12.000 7.200 31.000 4 4.2005 1,6002 OOO 3 10 End. Bal 4.600 End. But 20,800 Beg B 2.800 Beg Ba 22.000 End. Bal 2.800 Endel 22.000 Beg Bal Accumulated con 5.200 5.2001 Be Bar 3200 . 10.400 End Enda 3.200 Required Information Return to ton Part 7 Deferred Revenue Bag, Bal 5 Utiles Payable 4200 4.200 7400 A4 7.400 Beg Bol 25 rys End. Bal End, Bal 0 Beg Bal Common Stock 16.000 12.000 3 Retained Eaming 8.800 Beg, Bal . End. Bal 28.000 End Bar 8.500 Dividends Beg Ball 7 Beg Bal S 1,500 1.000 CL entry 71.000 5.600 End Da 000 cha Dar 76,500 Salaries Expanso Unities Expo Bog. Bal. 4 31,600 Beg. Bal Adj 4 7,400 End. Bal 31,600 End. Bol 7.400 Supplies Expanse Depreciation Expert Beg Bal Adj 2 Beg Bal Ad1. 1,500 5,200 End. Bol 1,600 End. Bal 5,200 Return to Question 2. Prepare each of the summary transactions listed above (no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field) Part of Answer is not complete denar Journal Cable CA 1 January 24 5.25 Do Account Rent Cash Service Revenue OO 50,000 13.000 71.000 2 March 13 Cash . 8.000 3 May 06 Cash ol 12.000 Common Stock 12.000 June 30 Sa Expert Cash 31.500 od 31.000 5 September 05 Payable Cash 4.200 og 4200 Hiver 24 Cash Deferred Revue OB 7.200 7 December 30 Didende . 1.000
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