Question: Please create a Trial Balance sheet using the unadjusted trial balance, adjusting entries, and adjusted trial balance columns based on the information provided below. the

Please create a Trial Balance sheet using the unadjusted trial balance, adjusting entries, and adjusted trial balance columns based on the information provided below. the company started with $7000 cash.

Additional Info for adjusting entries:

-Supplies on hand at the end of the month are $400

-Record one month of insurance expense

-Accrue $100 in wages

-The Dec. 31 balance in unearned revenue is $1000.

Please create a Trial Balance sheet using the unadjusted trial balance, adjusting

Acct. Info Debit $1,000 Journal# Credit 1 Supplies Expense 2 Insurance Expense 3 Rent Expense 1,000 3 3 2 2 4 3 3,000 5 AP 6 Wage Expense Accrued wage expense 7 Unearned Revenue 8 Utilitiess 9 AR 5 Mailed Invoices 10 Owner Equity $18940

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Please create a Trial Balance sheet using the unadjusted trial balance, adjusting entries, and adjusted trial balance columns based on the information provided below. The company started with $7000...

PROJECT FORMAT: Each of the following should be presented as a separate page (or worksheet) in the Excel workbook A cover page. The cover page should be the first sheet of your project. It should...

"PLEASE USE EXCEL AND SHOW WORK" START WITH $1,500 PROJECT FORMAT: Each of the following should be presented as a separate page (or worksheet) in the Excel workbook A cover page. The cover page...

Complete July transaction part please!!! Follow it step by step On June 1, 2018, Bob Lutz opened Lutz Repair Service. Make journal entries for each of the transactions listed below for the month of...

Complete July Transactions and follow it step by step please!!! 9. Prepare and post journal entries to record the July transactions. During July, Bob Lutz completed these transactions for Lutz Repair...

On June 1, 2018, Bob Lutz opened Lutz Repair Service. Make journal entries for each of the transactions listed below for the month of June. JUNE TRANSACTIONS During the month, he completed the...

PLEASE USE EXCEL A cover page. The cover page should be the first sheet of your project. It should include your name, the name of your company (if different), and the name of the other members of...

Need help with these questions 1-8 on June 1, 2018, Bob Lutz opened Lutz Repair Service. Make journal entries for each of the transactions listed below for the month of June. JUNE TRANSACTIONS During...

The general journal (example provided in Illustration 3-7 of the text). You should record your transactions as you play the game. Make sure that you have recorded journal entries in the proper format...

In problem 1-3 specify whether the given function is even. Odd, or neither and then sketch its graph. 1. f(x) = - 4 2. f(x) = 3x 3. F(x) = 2x + 1

Benedict Corporation is a calendar year C corporation and has had gross receipts in excess of $27 million for the past decade. The corporation manufactures retail goods. In the current year, the...

A local retailer has a database that stores 1 0 , 0 0 0 transactions of last summer. After analyzing the data, a data science team has identified the following statistics: { battery } appears in 6 ,...

The first scenario will be a Verbal Judo scenario in which your scenario follows the standard Verbal Judo interaction: You need to ask somebody to modify their behavior either to do something or to...

7. Identify and describe three characteristics of an ethical student of culture.

5. Explain how studying intercultural communication can lead to increased self-understanding.

2. Foreign Labor Trends. Search the Foreign Labor Statistics home page of the Bureau of Labor Statistics to find the following information: Hourly compensation costs in U.S. dollars for production...