E4-19 On December 31, the adjusted trial balance of Oslo Employment Agency shows the following selected data. Accounts Receivable $24,000 Commission Revenue $92,000 Interest Expense 7,800 Interest Payable 1,500 Analysis shows that adjusting entries were made to (1) accrue $4,500

17,664 results
  1. Accounting

    Complete the six-column table by entering adjustments that reflect the following information: a. As of December 31, 2005, employees had earned $900 of unpaid and unrecorded salaries. The next payday is January 4, at which time $1,600 of salaries will be

  2. accounting

    List the following steps of the accounting cycle in their proper order a. Preparing the post closing trial balance b. postint the journal entries c. journalizing and posting adjusting entries d. preparing the adjusted trial balance e. journalizing and

  3. math

    Three students have made multiple measurements of the solubility of sodium chloride (in g of NaCl per 100 g of water). Their results are summarized in the table below. The correct value for the solubility of sodium chloride is 35.9 g. Nicole - first trial

  4. Accounting

    O' Hara Company began operations on December 1, 2011. Presented below is selected information related to O' Hara Company at December 31, 2011. Office Equipment ₤ 40,000; Utilities Expense ₤ 6,000; Cash 14,000; Accounts Receivable 27,000; Service

  5. mathematics

    A jet leaves Oslo, whose latitude is 60 degrees north of the equator, and flies due west until it returns to Oslo. How far does the jet travel? The radius of the earth is 3960 miles.

  6. Accounting

    Use the following information to complete the partial worksheet for Bill’s Company. Record the appropriate adjusting entries using the data below and extend the balances over to the adjusted trial balance columns. Merchandise inventory—ending $10 Store

  7. accounting URGENT HELP DUE IN 1HR

    (a) Fill in the missing amounts. (If answer is zero, please enter 0. Do not leave any fields blank.) Account Titles Trial Balance Adjusted Trial Balance Dr. Cr. Dr. Cr. Accounts Receivable 34,000 Prepaid Insurance 26,000 20,000 Supplies 7,000 Accumulated

  8. accounting

    On July 1, 2013, a firm purchased a 1-year insurance policy for $6,300 and paid the full premium in advance. The insurance expense associated with this policy for the year ending December 31, 2013, is $6,300. $3,150. $3,675. $2,100. On January 2, 2014, a

  9. Accounting 225

    Use the information in Exercise 2-4 to prepare an August 31 trial balance for Pose-for-Pics. Open these T-accounts: Cash; Office Supplies; Prepaid Insurance; Photography Equipment; H. Paris, Capital; Photography Fees Earned; and Utilities Expense. Post the

  10. acc 280

    P3-1 A Tony Masasi started his own consulting firm, Masasi Company, Inc., on June 1, 2008. The trial balance at June 30 is shown on page 129. MASASI COMPANY, INC. Trial Balance June 30, 2008 Account Number Debit Credit 101 Cash $7,150 112 Accounts

  11. math

    A little help please, thanks. Kelly conducted an experiment. In each trial she flipped a coin and rolled a number cube that has sides labled 1 to 6. The results are shown above. What is the experiementl probability that her next flip will be tails? Trial

  12. computer

    How does fractional employment differ from the traditional full-time job model of today? A. Fractional employment demands complete mathematical skills. B. A work unit in fractional employment is a project or task, not a job. C. Fractional employment only

  13. accounting

    Jack Shellenkamp owns and manages a computer repair service, which had the following trial balance on December 31, 2011 (the end of its fiscal year). BYTE REPAIR SERVICE Trial Balance December 31, 2010 Cash $8,000 Accounts Receivable 15,000 Parts Inventory

  14. financial management

    Part I: Compute the worth of Arcadia Hospital in 2005 using rules of thumb, adjusted book value, and discounted cash flow valuation (for this final method, use the table provided). Assume the cash flow for 2005 is the same as 2006. 1) Rules of thumb: 2)

  15. accounting

    E4-19 On December 31, the adjusted trial balance of Oslo Employment Agency shows the following selected data. Accounts Receivable $24,000 Commission Revenue $92,000 Interest Expense 7,800 Interest Payable 1,500 Analysis shows that adjusting entries were

  16. Accounting

    At the end of its first year, the trial balance of Riko Company shows Equipment $20,590 and zero balances in Accumulated Depreciation–Equipment and Depreciation Expense. Depreciation for the year is estimated to be $3,333. Prepare the adjusting entry for

  17. accounting

    Accrued salaries 1 Bill’s Company Partial Worksheet For the Year Ended December 31st, 2012 Account Titles Trial Balance Adjustments Adjusted Trial Balance Debit Credit Debit Credit Debit Credit Merchandise Inv. 16 Store Supplies 10 Store Equipment 20

  18. accounting

    List the following steps of the accounting cycle in their proper order a. Preparing the post closing trial balance b. postint the journal entries c. journalizing and posting adjusting entries d. preparing the adjusted trial balance e. journalizing and

  19. Please help!!!!Accounting

    . Leng Xiong is unable to reconcile the bank balance at January 31. Leng’s reconciliation is shown here. Cash balance per bank $3,660.20 Add: NSF check 370.00 Less: Bank service charge 25.00 Adjusted balance per bank $4,005.20 Cash balance per books

  20. Accounting Question

    Below are two questions from my accounting class. I am not sure how to approach this kind of problem. Any help or suggestions would be greatly appreciated. Thanks in advance! ------------------------------ The following trial balance of Trane Corp. at

  21. accounting280

    Instructions Enter the trial balance on a worksheet and complete the worksheet. E4-2 The adjusted trial balance columns of the worksheet for Goode Company are as follows. GOODE COMPANY Worksheet (partial) For the Month Ended April 30, 2008 Adjusted Trial

  22. Accounting

    On July 1, 2013, a firm purchased a 1-year insurance policy for $6,300 and paid the full premium in advance. The insurance expense associated with this policy for the year ending December 31, 2013, is $6,300. $3,150. $3,675. $2,100. On January 2, 2014, a

  23. Accounting

    Use the following adjusted trial balance of Webb Trucking Company to prepare a classified balance sheet as of December 31, 2005.Account Title Debit Credit Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 7,000 Accounts receivable . . . .

  24. accounting and finance

    unadjusted trial balance (December 31,2008): Prepaid insurance $3600 Adjusting entry question: 18 months of preperty insurance was purchased on Sept 1 2007 at a cost of $3600.

  25. Accounting

    O' Hara Company began operations on December 1, 2011. Presented below is selected information related to O' Hara Company at December 31, 2011. Office Equipment ₤ 40,000; Utilities Expense ₤ 6,000; Cash 14,000; Accounts Receivable 27,000; Service

  26. Math

    Seattle Chocolates for the year ended December 31, 2002: The following are selected items from the accounting records of Seattle Chocolates for the year ended December 31, 2002: Note payable to northwest Bank $500,000 Income taxes payable 40,000 Accrued

  27. accounting

    please help me to get the answers choices below just choice the letter provied. thanks a lot 1.Asset would be increased by : a.Debit to Prepaid Insurance b.Debit to expense c.Credit to Cash d.Debit to Notes Payable 2.Failure to record a bill from Meralco

  28. Math (Finance)

    What is the purpose of the post-closing trial balance? Explain where the information for the post-closing trial balance comes from.

  29. physics

    A student is experimenting with two sets of balls colliding in a closed system. In the first trial, two hard balls collide for 0.01 seconds. In the second trial, two softer balls collide for 0.02 seconds. The amount of force applied to each set of balls is

  30. RE: adjusting entry

    Can someone help me prepare an adjusting entry for the following> Prepaid insurance account had 4,000 balance on December 31, 2007. An analysis of insurance policies shows that 1,200 of unexpired insurance benefits remain at December 31, 2008. Prepaid

  31. Accounting

    What is the relationship between the amounts on the adjusted trial balance for an account and its ledger? Why is it necessary to prepare the formal financial statements if all the data are on the adjusted trial balance? I am having problems finding the

  32. accounts

    Practical accounts quedtion with minimum 20 journal enteries,ledger,cash book,trial balance,adjusted trial balance,income statement,and balance sheet with solution

  33. accounting

    P4-2A The adjusted trial balance columns of the worksheet for Porter Company are as follows. PORTER COMPANY Worksheet For the Year Ended December 31, 2008 Adjusted Account Trial Balance No. Account Titles Dr. Cr. 101 Cash 18,800 112 Accounts Receivable

  34. accounting

    Use the following adjusted trial balance of Webb Trucking Company to prepare a classified balance sheet as of December 31, 2005. Account Title Debit Credit Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 7,000 Accounts receivable . . . .

  35. accounting principles

    Success Systems had the following transactions and events in December 2015: Dec. 2 Paid $1,200 cash to Hilldale Mall for Success Systems’ share of mall advertising costs. 3 Paid $500 cash for minor repairs to the company’s computer. 4 Received $7,000

  36. accounting

    Enter the trial balance on a worksheet and complete the worksheet. E4-2 The adjusted trial balance columns of the worksheet for Goode Company are as follows

  37. accouting class

    Is this order correct for the accouting cycle: 1. Analyzing transactions and events 2. Journalizing transactions and events 3. Posting the journal entries 4. Preparing an unadjusted trial balance 5. Journalizing and posting adjusting entries 6. Preparing

  38. accounting

    The adjusted trial balance columns of the worksheet for Porter Company are as follows

  39. accounting

    How do I make general journal entries from a adjusted trial balance?

  40. accounting

    BizKid Company’s adjusted trial balance on August 31, 2005, its fiscal year-end, follows:

  41. acc250

    Has anyone done the Sahron Clark, accouting in Peachtree? Just wondering how to enter the supplies on hand, to the adjusted trial balance. confused about this.

  42. Accounting

    Flip Company's December 31, 2014 trial balance is as follows: Flip Corporation Trial Balance December 31, 2014 Account Debit Credit Cash $43,500 Accounts Receivable 54,500 Allowance for Doubtful Accounts 500 Notes Receivable 30,000 Merchandise Inventory

  43. chem

    The following state were collected for determining the concentration of suspended solids in a water sample. (D= 1.01 g/mL). Express all calculated data with the correct number of significant figures. Volume of sample (mL): Trial 1: 25.0 trial 2: 20.0 trial

  44. Chem

    The following state were collected for determining the concentration of suspended solids in a water sample. (D= 1.01 g/mL). Express all calculated data with the correct number of significant figures. Volume of sample (mL): Trial 1: 25.0 trial 2: 20.0 trial

  45. Accounting

    At December 31, 2007, before any year-end adjustments, Bollis Company's Prepaid Insurance account had a balance of $2,700. It was determined that $1,500 of the Prepaid Insurance had expired. The adjusted balance for Insurance Expense for the year would

  46. english

    Rewrite this sentence into the active voice by filling in the blank: ORIGINAL: The agency conducted an investigation into the matter. REVISED: The agency __________ the matter. ORIGINAL: Attempts by economists at defining full employment have met with

  47. CHEM

    The following data were collected for determining the concentration of suspended solids in a water sample. (D= 1.01 g/mL). Express all calculated data with the correct number of significant figures. Volume of sample (mL): Trial 1: 25.0 trial 2: 20.0 trial

  48. Accounting

    Charles, the CFO of Troy, Inc., received the following information from various experts within the company. He has asked for your help, as the company’s accountant, to determine any required year-end adjustments. Not all of the information provided will

  49. acct. correction

    can someone correct these for me thanks. for the accounting cycle. i have to place these in order. a) Posting the journal entries b) Journalizing and posting adjusting entries c) Preparing the adjusted trial balances d) Journalizing and posting closing

  50. accounting

    The following are examples of errors that will not be revealed by a trial balance: (a) errors of omission (b) incorrect total on trial balance (c) posting to the wrong account (d) compensating errors (e) The balance of a general ledger account has been

  51. account. question

    Is this correct are the steps correct for the accounting cycle. They gave a list the list says the following: a)Preparing the post-closing trial balance b) posting the journal entries c)journalizing and posting adjusting entries d)preparing the adjusted

  52. accounting

    BULLSEYE RANGES Dec, 31, 2005 Account Title Unadjusted Adjustments Adjusted Trial Trial Balance Balance Dr. Cr. Dr. Cr. Dr. Cr. Cash 13000.00 13000.00 Accounts Receivable 0 17,100 17,100.00 Supplies 5500.00 2700.00 2800.00 Equipment 130000.00 12500.00

  53. Accounting

    *I don't know where to begin, please HELP* Use the following adjusted trial balance of Webb Trucking Company to prepare a classified balance sheet as of December 31, 2005. Account Title Debit Credit Cash . . . . $ 7,000 AR . . . . . 16,500 Office Supply

  54. accounting

    hi i know this may sound stupid but i just need to clarify some things with general ledger and the trial balance. For example, i am given the post trial balance for ABC Ltd. These accounts which include cash, accounts receivable, accum dep... etc.., do i

  55. Accounting

    Use the following adjusted trial balance of Webb Trucking Company to prepare a classified balance sheet as of December 31, 2005. 4-4 Account Title Debit Credit Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 7,000 Accounts receivable . .

  56. accounting

    Greco Resort Adjusted Trial Balance August 31, 2007 Debit Credit Cash $ 19,600 Accounts Receivable 800 Prepaid Insurance 3,375 Supplies 450 Land 20,000 Building 120,000 Accumulated Depreciation- Building 1,080 Equipment 16,000 Accumulated

  57. math

    here are a series of questions and my answers are down below, please help me if I am wrong 1. Sain Advertising Ltd.’s opening trial balance on January 1 shows Supplies $1,600. On January 11, the company purchased additional supplies for $2,510 on

  58. accounting

    P4-2A Gil Vogel started his own consulting firm, Vogel Consulting, on June 1, 2012. The trial balance at June 30 is as follows. VOGEL CONSULTING Trial Balance June 30, 2012 Debit Credit Cash $ 6,850 Accounts Receivable 7,000 Prepaid Insurance 2,880

  59. financial accounting

    I am preparing an adjusted trial balance and I have almost gotten my debits to equal my credits. I need to figure out how much to debit the equipment and how much to credit the accumulated depreciaton. To give you an idea of the gap between the two, my

  60. accounting and finance

    unadjusted trial balance (December 31,2008)(Bed Bugs R Us Ltd.): Prepaid insurance $3600 Adjusting entry question: 18 months of preperty insurance was purchased on Sept 1 2007 at a cost of $3600

  61. Mathematics

    A consulting firm rent cars from three agencies: 30% from agency A, 20% from agency B and 50% from agency C. If a car rented by the firm has bad tires, find the probability that it came from: (a) agency C (b) agency A.

  62. Accounting

    I am having trouble with this problem that is due tonight. Can someone please help!! I am unsure what to do with the information given after the adjusted trial balance. Do I add those numbers into the adjusted trial balance or what do I do with them?

  63. american goverment check answers

    3. The National Science Foundation (NSF) raises money for scientific projects and research in the United States. What kind of agency is the NSF? (1 point) staff agency line agency legislative agency judicial agency 3.C

  64. Algbra

    Marsha must have surgery and she does not have the $2,700 cash necessary for the operation. Talking to an administrator at the hospital, she finds that it will accept MasterCard, VISA, and Discover credit cards. All of these credit cards have an APR of

  65. business finance

    Stacy took out a loan for $15,000. Her note was for 300 days at 5% ordinary interest. On day 100 she made a partial payment of $5,000. On day 200 she made a second payment of $5,000. On day 250 she made yet a third payment of $2,500. a. (1 point) What is

  66. accounting

    comprehensive problem perpetual In this project, follow the steps of the accounting cycle to process given transactions in a business environment. Then, synthesize special journals, a trial balance, financial statements, and a post closing trial balance.

  67. Algebra

    $3,000 balance, 21% rate, $1,500 payment, adjusted balance method

  68. socials

    what is role of CRTC? you think agency is necessary? explain in paragraph format Role of CRTC is to regulate the amount of foreign material broadcast over the airwaves and impose rules requiring Canadian content. I think it may be a little necessary

  69. business

    Lansing Auto Pats, Inc., has projected sales of $25,000 in October , $35,000 in November, and $30,000 in December of the company’s sales 20 percent are paid for by cash and 80 percent are sold on credit. The credit sales are collected one month after the

  70. accounting

    I need HELP in journalizing the following please: February 1 Paid $3,750 accounts payable balance due to a supplier. March 15 Received $2,500 partial payment on a $5,000 accounts receivable balance. Wrote off the rest of the account as uncollectible. April

  71. Accounting Adjustment

    Use the straight line amortization method. Equipment amortizes 20 percent per year. Trial Balance for March 31, 2005 shows equipment worth $90,030.

  72. Government

    What federal agency enforces equal employment opportunity legislation?

  73. Health care

    200- to 300-word response to the following: What is the purpose of the agency? What services does the agency perform? How does the agency maintain the integrity of the profession? Whom does the agency support? Identify education, licensure, or

  74. fiances

    Calculate the monthly finance charge for the credit card transaction. Assume that it takes 10 days for a payment to be received and recorded, and that the month is 30 days long. $500 balance, 17%, $50 payment previous balance method, adjusted balance

  75. personal finances

    If creditors add finance charges after subtracting payments made during the billing period, this is called the: A. APR method. B. average daily balance method. C. previous balance method. D. adjusted balance method. its not A or D someone help me

  76. algebra

    Calculate the monthly finance charge for the credit card transaction. Assume that it takes 10 days for a payment to be received and recorded, and that the month is 30 days long. (Round your answers to the nearest cent.) $300 balance, 18%, $50 payment (a)

  77. finance charges

    Calculate the monthly finance charge for the credit card transaction. Assume that it takes 10 days for a payment to be received and recorded, and that the month is 30 days long. (Round your answers to the nearest cent.) $500 balance, 17%, $50 payment (a)

  78. Credit and Taxes

    Please Help me! Nancy Tai has recently opened a revolving charge account with MasterCard. Her credit limit is $1000, but she has not charged that much since opening the account. Nancy hasn't had the time to review her monthly statements as promptly as she

  79. accounting

    Adjusting entries. You have been retained to examine the records of Kathy's Day Care Center as of December 31, 20X3, the close of the current reporting period. In the course of your examination, you discover the following: •On January 1, 20X3, the

  80. Business

    The following Trial Balance was taken from the ledger of F. Jackline, a sole trader, on 31st December 2002 Kshs Kshs Capital 40,000 Purchases 26,154 Sales 36,246 Salaries 4,814 Stock 4,307 Insurance 820 Rent 965 Buildings 25,000 Furniture 14,500 Debtors

  81. math

    finance charges Calculate the monthly finance charge for the credit card transaction. Assume that it takes 10 days for a payment to be received and recorded, and that the month is 30 days long. (Round your answers to the nearest cent.) $500 balance, 17%,

  82. Financial Accouting

    Prepare a 10-column work sheet for fiscal year 2005, starting with the unadjusted trial balance and including adjustments based on these additional facts: a. The supplies available at the end of fiscal year 2005 had a cost of $3,200. b. The cost of expired

  83. accounting and finance

    unadjusted trail balance(December 31,2008)(Bed Bugs R Us Ltd): prepaid rent $8,000 rent expense $24,000 adjusting entry question: 4 months worth of prepaid rent had been purchased on September 1 2007 in an adjacent building to b used as thier office. The

  84. accounting

    I am looking for the answer to this assignment. I am not an accounting major and have no clue. Please help Assignment Name: Unit 4 Individual Project Deliverable Length: 2-3 paragraphs Details: Les Fleurs, a boutique in Paris, France, had the following

  85. Accounting

    Even when the trial balance is in balance, there may be errors in the individual accounts. True or False?

  86. math

    2. Maryam pays $3000 on the 30th day of a $7,000, 120-day, and 8% loan. a. What is the adjusted principal after the partial payment is made if ordinary interest is applied? (5 points) Answer: b. What is the adjusted balance due at maturity? (5 points)

  87. Accounting

    Prepare a trial balance from the following information for Learn a New Language, Inc. for December 31, 2012. Accounts payable $5,012 Common stock $9,692 Cash $3,928 Notes payable $1,439 Wages expense $777 Marketing expense $493 Equipment $8,345 Accounts

  88. accounting

    How do you prepare the following adjusting, reversing and next period entry into an unadjusted trial balance? I also need help with the rest of this problem. Cost of supplies still available December 31 is 2,700 The notes payable requires an interest

  89. accounting

    Les fleurs a boutique in paris france had the following accounts in its accounting records at december 31, 20x2. compute the following for les fleurs during 20x2 net sale cost of goods sold net income balance sheet december 31, 20x2 statement of owners

  90. Advanced Accounting

    Final Exam ACC440 Problem 1 On January 1, 20X1, Popular Creek Corporation organized RoadTime Company as a subsidiary in Switzerland with an initial investment cost of Swiss francs (SFr) 60,000. RoadTime’s December 31, 20X1, trial balance in SFr is as

  91. Math

    Malinda Levi borrows 90 day note. On the 30th day, Malinda pays on the note. If ordinary interest is applied, what is Malinda’s adjusted principal after the partial payment? What is the adjusted balance due at maturity?

  92. Financial Accounting

    Calculate accounts receivable turnover ratio. Calculate accounts receivable turnover ratio. Selected information from Mystic Corporation’s balance sheet at December 31, 2010 and income statement for the year ended December 31, 2010 is as follows: Cash

  93. Business Maths

    How do i calculate this problem. In 2007 the Pearl Boutique had net credit sales of $750,000. On January 1, 2007, Allowance for Doubtful Accounts had a credit balance of $16,000. During 2007, $30,000 of uncollectible accounts receivable were written off.

  94. accounting

    On December 31, 2013, a company issues bonds with a par value of $600,000. The bonds mature in 10 years, and pay 6% annual interest, payable each June 30 and December 31. The bonds sold at $592,000. The company uses the straight-line method of amortizing

  95. Physics(Please check)

    An experiment was done where a tiny steel ball was measured with a micrometer. I know I already posted a question about this before and was given a respond but after trying to fix my answers I am still lost. If someone could please review my results and

  96. Physics(Please help, thanks)

    An experiment was done where a tiny steel ball was measured with a micrometer. I know I already posted a question about this before and was given a respond but after trying to fix my answers I am still lost. If someone could please review my results and

  97. Finance

    Calculate the monthly finance charge for the credit card transaction. Assume that it takes 10 days for a payment to be received and recorded, and that the month is 30 days long. (Round your answers to the nearest cent.) $200 balance, 14%, $50 payment (a)

  98. Molarity question

    okay so in lab we made up 2 solutions of FeCl3 and KI. We varied the volumes...I was just wondering how to calculate a new concentration for those solutions. We weighed out .825g of the FeCl3 and 1.35 g of the KI. For trial one we used 20 mL of both. For

  99. accounting

    1. Please refer to the worksheet below. Trial Balance Adjustments Adjusted Trial Balance Income Statement Balance Sheet Account Title Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Cash $1,700 $1,700 $1,700 Accounts receivable 8,500 $2,000 10,500 10,500 Supplies

  100. accounting

    I have tried to figure out how to do this for four days and my textbook does not give an example on how to do this problem. Lower-of-Cost-or-Market Corrs Company began operations in 2007 and determined its ending inventory at cost and at lower of cost or

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