Note: Rent and salary expenses are divided equally between general/administrative and selling activities. Bigelow uses a...
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Note: Rent and salary expenses are divided equally between general/administrative and selling activities. Bigelow uses a perpetual inventory system. Cash Merchandise inventory Store supplies... Prepaid insurance Store equipment.. Accumulated depreciation-Store equipment.. Accounts payable. Common stock. Retained earnings Dividends. BIGELOW COMPANY Unadjusted Trial Balance April 30, 2012 (Fiscal year-end) Sales Sales discounts Sales returns and allowances Cost of goods sold.. Depreciation expense-Store equipment.. Salaries expense... Insurance expense. Rent expense Store supplies expense. Advertising expense. Totals.. Debit $2,150 12,100 4,600 2,100 42,350 1,800 950 1,750 36,300 0 32,500 0 13,800 0 8.700 $159.100 Credit $12,000 8,700 4,500 25,400 108,500 $159,100 Note: Rent and salary expenses are divided equally between general/administrative and selling activities. Bigelow uses a perpetual inventory system. Cash Merchandise inventory Store supplies... Prepaid insurance Store equipment.. Accumulated depreciation-Store equipment.. Accounts payable. Common stock. Retained earnings Dividends. BIGELOW COMPANY Unadjusted Trial Balance April 30, 2012 (Fiscal year-end) Sales Sales discounts Sales returns and allowances Cost of goods sold.. Depreciation expense-Store equipment.. Salaries expense... Insurance expense. Rent expense Store supplies expense. Advertising expense. Totals.. Debit $2,150 12,100 4,600 2,100 42,350 1,800 950 1,750 36,300 0 32,500 0 13,800 0 8.700 $159.100 Credit $12,000 8,700 4,500 25,400 108,500 $159,100
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Answer rating: 100% (QA)
Answer Store Supplies Cr 2900 2 Insurance Expense Dr 1800 Prepaid ... View the full answer
Related Book For
Fundamental accounting principle
ISBN: 978-0078025587
21st edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
Posted Date:
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