The T-accounts below summarize the ledger of Santana Landscaping Company at the end of its first month
Question:
The T-accounts below summarize the ledger of Santana Landscaping Company at the end of its first month of operations.
Instructions
(a) Prepare the complete general journal (including explanations) from which the postings to Cash were made.
(b) Prepare a trial balance at April 30,2015.
Cash No. 101 Unearned Service Reve No. 209 1,000 Common Stock No. 311 10,000 Service Revenue No. 400 3,200 720 1,500 0,000 4/15 4/12 4/29 4/30 900 4/25 400 4/30 1,000 Accounts Receivable No. 112 3,200 4/29 Supplies No. 126 4/12 900 4/4 1,800 Salaries and Wages Expense Accounts Pavable No. 201 No. 726 4/25 1,500 4/4 1,800 4/15 720
Step by Step Answer:
a General Journal Date Account Titles and Explanation Ref Debit Credit Apr 1 Cash Common Stock Issue...View the full answer
Financial Accounting
ISBN: 9781118334324
9th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Related Video
A trial balance is a list of all the general ledger accounts contained in the ledger of a business. This list will contain the name of each nominal ledger account and the value of that nominal ledger balance. Each nominal ledger account will hold either a debit balance or a credit balance
Students also viewed these Accounting questions
-
The T accounts below summarize the ledger of Mardi Gras Catering Corporation at the end of the first month of operations: (a) Prepare the complete general journal entries (including explanations)...
-
The T accounts below summarize the ledger of Simon Landscaping Company at the end of the first month of operations. Instructions(a) Prepare the complete general journal (including explanations) from...
-
The T accounts below summarize the ledger of Bennet Landscaping Company at the end of the first month of operations.Instructions(a) Prepare the complete general journal (including explanations) from...
-
List all paths from A to H. Which paths have the lowest weight? Which path has shortest length? Is the graph connected (strongly or weakly)? 3 12 15 18 F 10 5 19 B' H 10 6 5 3 22 E G
-
The crude copper that is subjected to electrorefining contains tellurium as an impurity. The standard reduction potential between tellurium and its lowest common oxidation state, Te4+, is Te4+(aq) +...
-
Lamp Light Company maintains and repairs warning lights, such as those found on radio towers and lighthouses. Lamp Light Company prepared the following end-of-period spreadsheet at December 31, 2016,...
-
Compare and contrast the five ways managers use intuition and evidence to make decisions. Can bounded rationality impact intuition and evidence-based management?
-
Was it ethical for Boeing to monitor the computers and e-mail of Neumann and Tides during the investigation to determine whether one or more employees were communicating with members of the news...
-
Compute Parker Glenn's earnings knowing that $15.55 per hour is paid for Job A and $19.25 per hour is paid for Job B. Of the 48 hours worked during the week, 28 hours were completed for Job A and 20...
-
A machine part in the form a parallelopiped is deformed into the shape indicated by the dashed straight lines (small displacements). The displacements are given by the following relations: u= C1xyz,...
-
Selected transactions from the journal of Kati Tillman, investment broker, are presented below. Instructions (a) Post the transactions to T-accounts. (b) Prepare a trial balance at August 31,2015....
-
Presented below is the ledger for Higgs Co. Instructions (a) Reproduce the journal entries for the transactions that occurred on October 1, 10, and 20, and provide explanations for each. (b)...
-
In Problems 19 through 30, express the general solution of the given differential equation in terms of Bessel functions. 2x 2 y" - 3xy' - 2(14 - x 5 )y = 0
-
The disadvantages of Corporations are unlimited liability and less money for investment. Select one: True False
-
An auditor tests internal controls over purchase orders by choosing a sample of purchase orders from the first quarter of the year. The auditor determines the controls over the purchase orders have...
-
How much risk and how much return do you want on your investments? Where are you invested?
-
Multiple Select Question Select all that apply Typical cost drivers include ______. Multiple select question. utilities cost machine depreciation machine-hours computer time flight-hours
-
GINA excludes protection for all of the following, except? A. Long-term insurance B. Life insurance C. Health insurance D. Disability insurance
-
Using data in Appendix C-1, determine the van der Waals parameters a and b for each of the following compounds. Appendix C-1 A. Methanol B. Carbon dioxide C. Ethanol D. Butane E. Octane Name Argon...
-
Teasdale Inc. manufactures and sells commercial and residential security equipment. The comparative unclassified balance sheets for December 31, 2015 and 2014 are provided below. Selected missing...
-
a. What is the benefit of securitization to a financial market? b. What are the concerns with securitization?
-
What is the difference between the current ratio and the acid-test ratio?
-
What is the difference between the current ratio and the acid-test ratio?
-
What is the difference between the current ratio and the acid-test ratio?
-
Read the attached case study, and submit your review of the following: 'Defining Standard Projects at Global Green Books Publishing' Make sure to follow the formatting requirements detailed in the...
-
In two-slit interference, if the slit separation is 17 m and the slit widths are each 2.9 m, (a) how many two-slit maxima are in the central peak of the diffraction envelope and (b) how many are in...
-
Your division is considering two projects. Its WACC is 10%, and the projects' after-tax cash flows (in millions of dollars) would be as follows: Expected Cash Flows Time Project A Project B 0 ($30)...
Study smarter with the SolutionInn App