Question: Grades Bug-Off Exterminators provides pest control services and sells extermination products manufactured by other companies. The following six-column table contains the company's unadjusted trial balance
Grades Bug-Off Exterminators provides pest control services and sells extermination products manufactured by other companies. The following six-column table contains the company's unadjusted trial balance as of December 31, 2015. Google Drive December 31, 2015 17.000 Accounts recevable Allowance for doubclul accounts... Marchandise Inventory 1700 45.000 Accounts payable Esamated warranty lability Unearned services revenue Interest payable Long-term moces payable Common seock Retained earnings .000 Cost of goods sold .300 wages expense Rent expense Bad debes expense Repairs expense Warranty xpense The following information in a through h applies to the company at the end of the current year. 1. The bank reconciliation as of December 31, 2015, includes the following facts. Cash balance per bank Cash balance per books $15,100 7,000 Deposit in transit Interest earned (on bank account Reported on the bank statement is a canceled check that the company failed to record. (Information from the bank reconciliation allows you to determine the amount of this check, which is a payment on an An examination of customers' accounts shows that 2. Grades Bug-Off Exterminators provides pest control services and sells extermination products manufactured by other companies. The following six-column table contains the company's unadjusted trial balance as of December 31, 2015. Google Drive December 31, 2015 17.000 Accounts recevable Allowance for doubclul accounts... Marchandise Inventory 1700 45.000 Accounts payable Esamated warranty lability Unearned services revenue Interest payable Long-term moces payable Common seock Retained earnings .000 Cost of goods sold .300 wages expense Rent expense Bad debes expense Repairs expense Warranty xpense The following information in a through h applies to the company at the end of the current year. 1. The bank reconciliation as of December 31, 2015, includes the following facts. Cash balance per bank Cash balance per books $15,100 7,000 Deposit in transit Interest earned (on bank account Reported on the bank statement is a canceled check that the company failed to record. (Information from the bank reconciliation allows you to determine the amount of this check, which is a payment on an An examination of customers' accounts shows that 2
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