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6 years ago
Complete the following December 31, 2014 worksheet. for Alcazar Services:

         Adjusted   Income   Balance
   Trial Balance   Adjustments   Trial Balance   Statement   Sheet
   Debit   Credit   Debit   Credit   Debit   Credit   Debit   Credit   Debit   Credit
Cash   1,700            1,700               
Accounts Receiv.   8,500      2,000      10,500               
Supplies   100         80   20               
Equipment   7,500            7,500               
Accum. Amort.      2,000      240      2,240            
Accounts Payable      1,200            1,200            
Salary Payable      800      180      980            
Unearned Revenue      600            600            
Owner Capital      3,400            3,400            
Owner Withdraw.   2,300            2,300               
Service Revenue      40,000      2,000      42,000            
Salary Expense   24,000      180      24,180               
Supplies Expense   2,300      80      2,380               
Amort. Expense   1,600      240      1,840               
     Total   48,000   48,000   2,500   2,500   50,420   50,420            
Net income/(loss)                              
      Total
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Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
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wrote...
6 years ago
Adjusted   Income   Balance
   Trial Balance   Adjustments    Trial Balance   Statement   Sheet
   Debit   Credit   Debit   Credit   Debit   Credit   Debit   Credit   Debit   Credit
Cash   1,700            1,700            1,700   
Accounts Receiv.   8,500      2,000      10,500            10,500   
Supplies   100         80   20            20   
Equipment   7,500            7,500            7,500   
Accum. Amort.      2,000      240      2,240            2,240
Accounts Payable      1,200            1,200            1,200
Salary Payable      800      180      980            980
Unearned Revenue      600            600            600
Owner Capital      3,400            3,400            3,400
Owner Withdraw.   2,300            2,300            2,300   
Service Revenue      40,000      2,000      42,000      42,000      
Salary Expense   24,000      180      24,180      24,180         
Supplies Expense   2,300      80      2,380      2,380         
Amort. Expense   1,600      240      1,840      1,840         
     Total   48,000   48,000   2,500   2,500   50,420   50,420   28,400   42,000   22,020   8,420
Net income/(loss)                     13,600         13,600
      Total                     42,000   42,000   22,020   22,020
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