San Jose Veterinary Hospital completed the following worksheet as of December 31, 2024. (Click the icon...
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San Jose Veterinary Hospital completed the following worksheet as of December 31, 2024. (Click the icon to view the partial worksheet.) Read the requirements. Requirement 1. Complete the worksheet for San Jose Veterinary Hospital. Complete the worksheet by preparing the Income Statement and Balance Sheet columns. Be sure to calculate the total debits and credits in each step. San Jose Veterinary Hospital Worksheet December 31, 2024 Data table Adjusted Trial Balance Income Statement B C D E F G H K L M Account Names Debit Credit Debit Credit 2 San Jose Veterinary Hospital Worksheet Cash $ 30,500 Accounts Receivable 10,900 3 December 31, 2024 Office Supplies 1,075 4 Unadjusted Trial Balance Adjustments Prepaid Rent 12,500 5 Account Names Debit Credit Debit Credit Adjusted Trial Balance Debit Credit Income Statement Debit Credit Balance Sheet Debit Credit Equipment 26,000 6 Cash $ 30,500 S 30,500 Accumulated Depreciation-Equipment $ 1,200 7 Accounts Receivable 9,800 (f) $ 1,100 10,900 Accounts Payable 5,200 8 Office Supplies 1,300 Utilities Payable 280 9 Prepaid Rent 13,000 (b) $ (a) 225 1,075 500 12,500 Salaries Payable 975 10 Equipment 26,000 26,000 Unearned Revenue Common Stock 6,000 36,000 Accumulated Depreciation- 11 Equipment (c) 1,200 S 1,200 Retained Earnings 12 Accounts Payable $ 57,620 Dividends 21,000 13 Utilities Payable 5,200 280 5,200 280 Service Revenue 30,600 14 Salaries Payable (e) 975 975 Rent Expense 15,500 15 Unearned Revenue 7,500 (d) 1,500 6,000 Salaries Expense 9,975 16 Common Stock 36,000 36,000 Supplies Expense 225 17 Retained Earnings 57,620 57,620 Utilities Expense 9,000 18 Dividends 21,000 21,000 1,200 Depreciation Expense-Equipment 19 Service Revenue 28.000 (d, f) 2,600 30,600 $ 137,875||$ 137,875 20 Rent Expense 15,000 (a) 500 15,500 Total 21 Salaries Expense 9,000 (e) 975 9,975 Net income or loss 22 Supplies Expense (b) 225 225 23 Utilities Expense 9,000 9,000 (c) 1,200 1,200 24 Depreciation Expense-Equipment $ 134,600||$ 134,600 $ 5,500 $ 5,500||$ 137,875 $ 137,875 25 Total Print Done San Jose Veterinary Hospital completed the following worksheet as of December 31, 2024. (Click the icon to view the partial worksheet.) Read the requirements. Requirement 1. Complete the worksheet for San Jose Veterinary Hospital. Complete the worksheet by preparing the Income Statement and Balance Sheet columns. Be sure to calculate the total debits and credits in each step. San Jose Veterinary Hospital Worksheet December 31, 2024 Data table Adjusted Trial Balance Income Statement B C D E F G H K L M Account Names Debit Credit Debit Credit 2 San Jose Veterinary Hospital Worksheet Cash $ 30,500 Accounts Receivable 10,900 3 December 31, 2024 Office Supplies 1,075 4 Unadjusted Trial Balance Adjustments Prepaid Rent 12,500 5 Account Names Debit Credit Debit Credit Adjusted Trial Balance Debit Credit Income Statement Debit Credit Balance Sheet Debit Credit Equipment 26,000 6 Cash $ 30,500 S 30,500 Accumulated Depreciation-Equipment $ 1,200 7 Accounts Receivable 9,800 (f) $ 1,100 10,900 Accounts Payable 5,200 8 Office Supplies 1,300 Utilities Payable 280 9 Prepaid Rent 13,000 (b) $ (a) 225 1,075 500 12,500 Salaries Payable 975 10 Equipment 26,000 26,000 Unearned Revenue Common Stock 6,000 36,000 Accumulated Depreciation- 11 Equipment (c) 1,200 S 1,200 Retained Earnings 12 Accounts Payable $ 57,620 Dividends 21,000 13 Utilities Payable 5,200 280 5,200 280 Service Revenue 30,600 14 Salaries Payable (e) 975 975 Rent Expense 15,500 15 Unearned Revenue 7,500 (d) 1,500 6,000 Salaries Expense 9,975 16 Common Stock 36,000 36,000 Supplies Expense 225 17 Retained Earnings 57,620 57,620 Utilities Expense 9,000 18 Dividends 21,000 21,000 1,200 Depreciation Expense-Equipment 19 Service Revenue 28.000 (d, f) 2,600 30,600 $ 137,875||$ 137,875 20 Rent Expense 15,000 (a) 500 15,500 Total 21 Salaries Expense 9,000 (e) 975 9,975 Net income or loss 22 Supplies Expense (b) 225 225 23 Utilities Expense 9,000 9,000 (c) 1,200 1,200 24 Depreciation Expense-Equipment $ 134,600||$ 134,600 $ 5,500 $ 5,500||$ 137,875 $ 137,875 25 Total Print Done
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Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
Posted Date:
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