Use the following information for the Exercises below. (Algo) [The following information applies to the questions...
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Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] The following adjusted trial balance at December 31 of Wilson Trucking Company. Account Title Cash Debit $ 8,600 Credit Accounts receivable 18,100 Office supplies Trucks Land 3,600 178,000 Accumulated depreciation-Trucks $ 36,600 91,000 Accounts payable 13,800 Interest payable 4,600 Long-term notes payable 61,000 Common stock 33,000 Retained earnings 143,000 Dividends 20,600 Trucking revenue Depreciation expense-Trucks Salaries expense Office supplies expense Interest expense Totals 12,600 $ 428,000 $428,000 136,000 24,100 62,800 8,600 Exercise 3-22 (Algo) Preparing a classified balance sheet LO C2 Prepare Wilson Trucking Company's classified balance sheet as of December 31. The Retained Earnings account balance was $143,000 at December 31 of the prior year. WILSON TRUCKING COMPANY Balance Sheet December 31 Assets Total assets 0 < > Oh ez Course Hero M Question 4 - Ch 03 Homework - Connect N (Fall 2023) ACC 211 (42YM) - Principles of Accountin Ch 03 Homework i Save 4 Required information 2 points Skipped eBook Hint Print References Mc Graw Hill Exercise 3-22 (Algo) Preparing a classified balance sheet LO C2 Prepare Wilson Trucking Company's classified balance sheet as of December 31. The Retained Earnings account balance was $143,000 at December 31 of the prior year. WILSON TRUCKING COMPANY Balance Sheet December 31 Assets Total assets Liabilities Total liabilities Total equity Total liabilities and equity Equity $ 0 0 < Prev 4 of 5 V < > Course Hero Ch 03 Homework 5 2 points h ezto.mheduc M Question 5 - Ch 03 Homework - Connect N (Fall 2023) ACC 211 (42YM) - Principles of Accounting I Saved Excel SIM: Reporting adjusted account balances. 1. Determine adjusting entries and prepare an adjusted trial balance. *Please Note: to get the incomplete warning message to clear on this assignment each blank cell must be double clicked, and then hit the Enter key for each blank cell. 日 Skipped Reporting adjusted account balances - Excel ? FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In 88 Calibri -11 % eBook Paste BIU Alignment Number Clipboard Print Al Font fx Cell Conditional Format as Formatting Table Styles Styles Cells Editing References A On December 31, 2016, Maple Moving Company had the following balances B C D 1 On December 31, 2016, Maple Moving Company had the following balances before year-end adjustments: E F Mc Graw Hill 2 3 Cash 4 Accounts Receivable 5 Supplies 6 Trucks 7 Accumulated Depreciation 8 Accounts Payable 9 Interest Payable 10 Wages Payable 11 Unearned Revenue 12 Notes Payable 13 Common Stock 14 Retained Earnings 15 Service Revenue 16 Wages Expense 17 Supplies Expense $ 62,500 51,000 67,600 176,000 17,600 37,500 6,600 100,000 66,000 23,400 167,000 61,000 18 Depreciation Expense 19 Interest Expense 20 21 Required: 22 Use the unadjusted account balances above and the following year-end data to determine adjusted account balances and prepare an adjusted trial balance. 23 Note: If nothing belongs in a cell, leave it blank. READY Attempt(s) Sheet1 E 100% Hint < 4 < Prev 5 of 5 Course Hero Ch 03 Homework i 5 points M Question 5 - Ch 03 Homework - Connect N (Fall 2023) ACC 211 (42YM)-Principles of Accounting I Saved Excel SIM: Reporting adjusted account balances. 1. Determine adjusting entries and prepare an adjusted trial balance. *Please Note: to get the incomplete warning me to clear on this assignment each blank cell must be double clicked, and then hit the Enter key for each blank cell Skipped 日 F FILE HOME INSERT PAGE LAYOUT Calibri 11 A A B I U 4 4 eBook Paste Clipboard 2 Print Al Font A References 31 32 33 34 35 36 Cash Mc Graw Hill fx Reporting adjusted account balances - Excel - FORMULAS DATA REVIEW VIEW Sign In % Alignment Number Conditional Format as Cell Formatting Table▾ Styles Cells M Editing Styles On December 31, 2016, Maple Moving Company had the following balances B MAPLE MOVING COMPANY C Adjusted Trial Balance at December 31, 2016 Account Name Debits Credits 37 Accounts Receivable 38 Supplies 39 Trucks 40 Accumulated Depreciation 41 Accounts Payable 42 Interest Payable 43 Wages Payable 44 Unearned Revenue 45 Notes Payable 46 Common Stock 47 Retained Earnings 48 Service Revenue 49 Wages Expense 50 Supplies Expense 51 Depreciation Expense 52 Interest Expense 53 Totals 54 READY Attempt(s) Sheet1 B Ε D E F + A 100% Hint < Prev 5 of 5 Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] The following adjusted trial balance at December 31 of Wilson Trucking Company. Account Title Cash Debit $ 8,600 Credit Accounts receivable 18,100 Office supplies Trucks Land 3,600 178,000 Accumulated depreciation-Trucks $ 36,600 91,000 Accounts payable 13,800 Interest payable 4,600 Long-term notes payable 61,000 Common stock 33,000 Retained earnings 143,000 Dividends 20,600 Trucking revenue Depreciation expense-Trucks Salaries expense Office supplies expense Interest expense Totals 12,600 $ 428,000 $428,000 136,000 24,100 62,800 8,600 Exercise 3-22 (Algo) Preparing a classified balance sheet LO C2 Prepare Wilson Trucking Company's classified balance sheet as of December 31. The Retained Earnings account balance was $143,000 at December 31 of the prior year. WILSON TRUCKING COMPANY Balance Sheet December 31 Assets Total assets 0 < > Oh ez Course Hero M Question 4 - Ch 03 Homework - Connect N (Fall 2023) ACC 211 (42YM) - Principles of Accountin Ch 03 Homework i Save 4 Required information 2 points Skipped eBook Hint Print References Mc Graw Hill Exercise 3-22 (Algo) Preparing a classified balance sheet LO C2 Prepare Wilson Trucking Company's classified balance sheet as of December 31. The Retained Earnings account balance was $143,000 at December 31 of the prior year. WILSON TRUCKING COMPANY Balance Sheet December 31 Assets Total assets Liabilities Total liabilities Total equity Total liabilities and equity Equity $ 0 0 < Prev 4 of 5 V < > Course Hero Ch 03 Homework 5 2 points h ezto.mheduc M Question 5 - Ch 03 Homework - Connect N (Fall 2023) ACC 211 (42YM) - Principles of Accounting I Saved Excel SIM: Reporting adjusted account balances. 1. Determine adjusting entries and prepare an adjusted trial balance. *Please Note: to get the incomplete warning message to clear on this assignment each blank cell must be double clicked, and then hit the Enter key for each blank cell. 日 Skipped Reporting adjusted account balances - Excel ? FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In 88 Calibri -11 % eBook Paste BIU Alignment Number Clipboard Print Al Font fx Cell Conditional Format as Formatting Table Styles Styles Cells Editing References A On December 31, 2016, Maple Moving Company had the following balances B C D 1 On December 31, 2016, Maple Moving Company had the following balances before year-end adjustments: E F Mc Graw Hill 2 3 Cash 4 Accounts Receivable 5 Supplies 6 Trucks 7 Accumulated Depreciation 8 Accounts Payable 9 Interest Payable 10 Wages Payable 11 Unearned Revenue 12 Notes Payable 13 Common Stock 14 Retained Earnings 15 Service Revenue 16 Wages Expense 17 Supplies Expense $ 62,500 51,000 67,600 176,000 17,600 37,500 6,600 100,000 66,000 23,400 167,000 61,000 18 Depreciation Expense 19 Interest Expense 20 21 Required: 22 Use the unadjusted account balances above and the following year-end data to determine adjusted account balances and prepare an adjusted trial balance. 23 Note: If nothing belongs in a cell, leave it blank. READY Attempt(s) Sheet1 E 100% Hint < 4 < Prev 5 of 5 Course Hero Ch 03 Homework i 5 points M Question 5 - Ch 03 Homework - Connect N (Fall 2023) ACC 211 (42YM)-Principles of Accounting I Saved Excel SIM: Reporting adjusted account balances. 1. Determine adjusting entries and prepare an adjusted trial balance. *Please Note: to get the incomplete warning me to clear on this assignment each blank cell must be double clicked, and then hit the Enter key for each blank cell Skipped 日 F FILE HOME INSERT PAGE LAYOUT Calibri 11 A A B I U 4 4 eBook Paste Clipboard 2 Print Al Font A References 31 32 33 34 35 36 Cash Mc Graw Hill fx Reporting adjusted account balances - Excel - FORMULAS DATA REVIEW VIEW Sign In % Alignment Number Conditional Format as Cell Formatting Table▾ Styles Cells M Editing Styles On December 31, 2016, Maple Moving Company had the following balances B MAPLE MOVING COMPANY C Adjusted Trial Balance at December 31, 2016 Account Name Debits Credits 37 Accounts Receivable 38 Supplies 39 Trucks 40 Accumulated Depreciation 41 Accounts Payable 42 Interest Payable 43 Wages Payable 44 Unearned Revenue 45 Notes Payable 46 Common Stock 47 Retained Earnings 48 Service Revenue 49 Wages Expense 50 Supplies Expense 51 Depreciation Expense 52 Interest Expense 53 Totals 54 READY Attempt(s) Sheet1 B Ε D E F + A 100% Hint < Prev 5 of 5
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Related Book For
Advanced Financial Accounting
ISBN: 978-0078025624
10th edition
Authors: Theodore E. Christensen, David M. Cottrell, Richard E. Baker
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