Collected 6-months rent in advance from. Cash S 36500 106.
Solved Adventure Travel Adjusted Trial Balance April 30 Chegg Com
Fill in the Blank Questions 223.
. Two-thirds or 111 of one months Insurance coverage has expired. Nozomi invested 30000 cash and computer equipment worth 20000 in the company in exchange for common stock. Particulars debit credit 101 cash 27000 106 accounts receivable - 124 office supplies 1000 128 prepaid insurance 2400 167 computer equipment 20000 168 accumulated depreciationcomputer equip.
Accounting CycleCheck figuresUnadjusted trial balance totals 58000Debit Insurance Expense 133Net income 2197Retained earnings ending bal 697Total assets 51117Post-closing trial balance totals 51617. Its subscribers pay 24 to receive 12 monthly issues. PLACE THIS ORDER OR A SIMILAR ORDER WITH LITE ESSAYS TODAY AND GET AN AMAZING DISCOUNT.
ADVENTURE TRAVEL Apr 1 Nozomi invested cash 30000 1 Nozomi invested computer equipment 20000 2 Paid first months rent 1800 3 Purchased office supplies 1000. _____ are required at the end of the accounting. Prepaid insurance 2600 167.
Create an unadjusted trial balance. ACC 101 Unadjusted trial balance sheet Data P06-Practice Set_Adventure Travel General Journal Answer 7 years ago allmbasolutions Given Data P06-Practice Set. Complete with titles debits and credits.
Failure to record depreciation expense will overstate the asset and understate the expense. April 1 Nozomi invested 30000 cash and computer equipment worth 20000 in the company. Accounting CycleCheck figuresUnadjusted trial balance totals 58000Debit Insurance Expense 133Net income 2197Retained earnings ending bal 697Total assets 51117Post-closing trial balance totals 51617.
From fitness holidays wellness retreats to epic adventures this is your complete guide to travel Using account balances from requirement 6b prepare an unadjusted trial balance as of apr 30 4. Determine what the current account balance should equal. 2500 - Credit 3.
At the end of the month 700 of office supplies are still available. Office supplies 1500 128. Tutorial Answers for.
Adventure travel unadjusted trial balance april 30 2018. Tutorial Answers for. 2 The company rented furnisl1ed office space by paying 1800 cash for the first months April rent 3 The company purchased 51 000 of office supplies for cash.
Cash AR Office supplies prepaid insurance computer equipment etc. Using account balances from Requirement 6b prepare an unadjusted trial balance as of April 30. Jiro nozomi unadjusted trial balance april 30 2010 account no.
Journalize the adjusting entries for the month and prepare the adjusted trial balance. The following transactions occurred during the companys first month. Below is Adventure Travels adjusted trial balance as of the end of its annual accounting period.
Computer equipment 30000 168. Prepare the necessary closing entries. Record the December 31 adjusting entry to get from step 1 to step 2.
Accumulated depreciation-Computer equipment 209. A company trading in metals wants to prepare trial balance from the below ledger balances- Cash 32800 account receivable 100000 inventory 39800 accounts payable 49000 long term liability 99500 equity shares 10000 dividend paid 1000 revenue 27500 cost of goods sold 10200 rent expenses 1000 Wages 700 and. ADVENTURE TRAVEL Unadjusted Trial Balance April 30 Account Title Debit Credit 101.
2a Post the balance from the unadjusted trial balance and the adjusting entries in to the T-accounts. Adventure travel unadjusted trial balance adjusting e as at 3042017 date particulars debit in credit in 3042017 cash 28350 computer 35000 capital 65000 3042017 rent expense 2500 office supplies 1700 prepaid insurance 2300 3042017 salary expense 2600 commission earned 11500 repairs expense 350 3042017 telephone bill expense 1400. - 209 salaries payable - 301 j.
Below is Adventure Travels adjusted trial balance as of the end of its annual accounting period. The following transactions occurred during the companys first month. Explore what post-closing trial balance is see its purpose and the difference from adjusted and unadjusted trial balance and see examples of post-closing entries.
Accounts receivable debit credit 27000yl o. 10 The company paid 2400 cash for the premium on a 12-month insurance policy. Common stock S 61000 318.
Prepare a post-closing trial balance. Accounts receivable O X 124. Salaries payable 0 X 307.
Journalizing posting preparing an unadjusted trial balan. ADVENTURE TRAVEL Unadjusted Trial Balance April 30 2017 Account Title Debit Credit 49400 101. Accumulated depreciation-Computer equipment 0 x 209.
On April 1 2017 Jiro Nozomi created a new travel agency Adventure Travel. Image transcription text Use the following Information. Debit - Unearned Revenue - 7500 Credit - Legal Services Revenue - 7500 Caden started a new publication called Contest News.
Retained earnings 0. Nozomi capital 50000 302 j.
Solved Adventure Travel Unadjusted Trial Balance April 30 Chegg Com
Solved Adventure Travel Unadjusted Trial Balance April 30 Chegg Com
Solved Adventure Travel Unadjusted Trial Balance April 30 Chegg Com
Solved Adventure Travel Unadjusted Trial Balance April 30 Chegg Com
Finance Hw April 1 2013 Jiro Nozomi Created A New Travel Agency Adventure Travel The Following Transactions Occurred During The Company S First Month
Solved On April 1 Jiro Nozomi Created A New Travel Agency Chegg Com
Solved Reg 4 Adj Entries Req 4 Adj Trial Bal Req 1 And 2 Req Chegg Com
Solved On April 1 Jiro Nozomi Created A New Travel Agency Adventure Travel The Following Transactions Occurred During The Company S First Month Course Hero
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