The unadjusted trial balance of Rapido Delivery is entered on the partial work sheet below. Complete...
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The unadjusted trial balance of Rapido Delivery is entered on the partial work sheet below. Complete the work sheet using the following information: (a) Salaries earned by employees that are unpaid and unrecorded, $5,000. (b) An inventory of supplies showed $1,000 of unused supplies still on hand. (c) Depreciation on delivery vans, $24,000. (d) Services paid in advance by customers of $10,000 have now been provided to customers. Rapide Delivery Work Sheet For the year ended December 31 Balance Sheet and Statoment of Owne sEqaty tnadjusted Trial Dalance Deb 70,000 Adjusted Trial Adteat Debt Credat Income Statemeat Deta Accoeat Balance Credit Debt Crode Credit Deti Creda Cash Accousts Receivabie Supplies Delvery Vans Accu Depr-Vana Accounts payatle Unramed fees Salaries payatle. B. Rapid, Capital B.Rapid, Withdrawals . Fees earoed Salary expense Rest expene Supplies pene Depreciation expense Torals 10,000 1,000 120.000 48.000 15.000 20.000 55,000 50.000 330,000 177,000 28000 451 000 458.000 The unadjusted trial balance of Rapido Delivery is entered on the partial work sheet below. Complete the work sheet using the following information: (a) Salaries earned by employees that are unpaid and unrecorded, $5,000. (b) An inventory of supplies showed $1,000 of unused supplies still on hand. (c) Depreciation on delivery vans, $24,000. (d) Services paid in advance by customers of $10,000 have now been provided to customers. Rapide Delivery Work Sheet For the year ended December 31 Balance Sheet and Statoment of Owne sEqaty tnadjusted Trial Dalance Deb 70,000 Adjusted Trial Adteat Debt Credat Income Statemeat Deta Accoeat Balance Credit Debt Crode Credit Deti Creda Cash Accousts Receivabie Supplies Delvery Vans Accu Depr-Vana Accounts payatle Unramed fees Salaries payatle. B. Rapid, Capital B.Rapid, Withdrawals . Fees earoed Salary expense Rest expene Supplies pene Depreciation expense Torals 10,000 1,000 120.000 48.000 15.000 20.000 55,000 50.000 330,000 177,000 28000 451 000 458.000
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Related Book For
Financial and Managerial Accounting Using Excel for Success
ISBN: 978-1111993979
1st edition
Authors: James Reeve, Carl S. Warren, Jonathan Duchac
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