QUESTION 4 (11 points)

The following is a partial unadjusted Trial Balance.

Bravo Unlimited

Unadjusted Trial Balance (partial)

2/29/16

Accounts

DEBIT

Cash $15,500

Supplies 12,400

CREDIT Accounts Payable $10,500

DEBIT

Supplies Expense 5,000

The Supplies account balance on February 1, 2016 was $1,400. During the month of February Bravo purchased $11,000 of supplies for use in its operations. On February 29, Bravo warehouse chief inventoried supplies and determine the value on hand was $1,500. Use this information to prepare the General Journal entry (without explanation) for the required end of the month adjustment.

QUESTION 5 (11 points)

The following is a partial unadjusted Trial Balance.

Bravo Unlimited

Unadjusted Trial Balance (partial)

3/31/16

Accounts

Debit

Cash $10,500

Accounts Receivable 5,500

CREDIT

Unearned Service Revenue $1,800

Service Revenue 900

As per the unadjusted Trial Balance above, Bravo Unlimited received $1,800 in advance before it provides snow removal & lawn care services to its clients. In March, Bravo performed service in the amount of $450. Use this information to prepare the General Journal entry (without explanation) for the required end of the month adjustment. If no entry is required then write "No Entry Required."

QUESTION 6 (11 points)

The following is a partial unadjusted Trial Balance.

Bravo Unlimited

Unadjusted Trial Balance (partial)

5/31/16

Accounts

DEBIT

Cash $25,000

Wages Expense 30,000

CREDIT Wages Payable $0

Bravo pays its employee weekly ($1,250 for a five day work week) on Fridays for work completed during that week. May 31 is a Tuesday (Hint: Should record wages expense for 2 days). Use this information to prepare the General Journal entry (without explanation) for the required end of the month adjustment. If no entry is required then write "No Entry Required."

QUESTION 7 (11 points)

The following is a partial unadjusted Trial Balance.

Bravo Unlimited

Unadjusted Trial Balance (partial)

4/30/16

Accounts

DEBIT Cash $10,500

Interest Expense 300

CREDIT

Accounts Payable $15,000

Interest Payable 0

Loans Payable 20,000

On April 1, Bravo signed a $20,000 loan bearing a 6% interest rate for 3 year. Use this information to prepare the Adjusting General Journal entry (without explanation) for April. If no entry is required then write "No Entry Required." Question 8 (11 points) Bravo Zulu is a CPA who performs $1,250 services for clients in December, but does not bill those clients until January. Prepared the Adjusting General Journal entry (without explanation) if needed for December 31, 2016. If no entry is required then write "No Entry Required."