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Gerald Theater Production Company's partially completed worksheet as of December 31, 2024, follows. More info a. As of December 31, Gerald had performed $600 of service revenue but has not yet billed customers. b. At the end of the month, Gerald had $900 of office supplies remaining. c. Prepaid Insurance of $3,000 remained. d. Depreciation expense, $3,600. e. Accrued salaries expense of $ 100 that hasn't been paid yet. adjustments. (Abbreviation used: Equip. = Equipment.) Gerald Production Company Worksheet December 31, 2024 The a account names and unadjusted trial balance amounts as provided in the question have been entered into the worksheet for you. Finish the partial worksheet by completing the adjustments and adjusted trial balance columns. Complete the Adjustments columns by using the letters a through e to label the five adjustments. (Abbreviation used: Equip. Equipment.) Gerald Production Company Worksheet December 31, 2024 Unadjusted Trial Balance Debit Credit Account Names Cash Accounts Receivable Office Supplies Prepaid Insurance Equipment Por Accumulated Depreciation-Equip. Accounts Payable Bayable Salaries Payable Grat Gerald, Capital webdrawals Sander B Service Revenue Domition Exp Depreciation Expense-Equip. Total Supplies Expens Supplies Expense Utilities Expense Salaries Expense Insurance Expense $ 3,800 6,100 1,700 3,600 24,000 31,000 5,300 29,000 S 8.800 5,000 16.700 74,000 104,500 $ 104,500 (a) L (d) [(D)]| (6) (0) (c) Adjustments Debit 600 F (b) (c) 3600 800 100 600 5700 (d) (0) (a) Credit 800 600 3600 100 600 5700 Adjusted Trial Balance Debit Credit 3800 6700 900 3000 24000 31000 5300 29100 600 12400 5000 100 16700 74600 3600 800

Gerald Theater Production Company's partially completed worksheet as of December 31, 2024, follows. More info a. As of December 31, Gerald had performed $600 of service revenue but has not yet billed customers. b. At the end of the month, Gerald had $900 of office supplies remaining. c. Prepaid Insurance of $3,000 remained. d. Depreciation expense, $3,600. e. Accrued salaries expense of $ 100 that hasn't been paid yet. adjustments. (Abbreviation used: Equip. = Equipment.) Gerald Production Company Worksheet December 31, 2024 The a account names and unadjusted trial balance amounts as provided in the question have been entered into the worksheet for you. Finish the partial worksheet by completing the adjustments and adjusted trial balance columns. Complete the Adjustments columns by using the letters a through e to label the five adjustments. (Abbreviation used: Equip. Equipment.) Gerald Production Company Worksheet December 31, 2024 Unadjusted Trial Balance Debit Credit Account Names Cash Accounts Receivable Office Supplies Prepaid Insurance Equipment Por Accumulated Depreciation-Equip. Accounts Payable Bayable Salaries Payable Grat Gerald, Capital webdrawals Sander B Service Revenue Domition Exp Depreciation Expense-Equip. Total Supplies Expens Supplies Expense Utilities Expense Salaries Expense Insurance Expense $ 3,800 6,100 1,700 3,600 24,000 31,000 5,300 29,000 S 8.800 5,000 16.700 74,000 104,500 $ 104,500 (a) L (d) [(D)]| (6) (0) (c) Adjustments Debit 600 F (b) (c) 3600 800 100 600 5700 (d) (0) (a) Credit 800 600 3600 100 600 5700 Adjusted Trial Balance Debit Credit 3800 6700 900 3000 24000 31000 5300 29100 600 12400 5000 100 16700 74600 3600 800

Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter3: Review Of A Company's Accounting System
Section: Chapter Questions
Problem 11P: Worksheet Devlin Company has prepared the following partially completed worksheet for the year ended...
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Gerald Theater Production Company's partially completed worksheet as of December 31, 2024, follows. More info a. As of December 31, Gerald had performed $600 of service revenue but has not yet billed customers. b. At the end of the month, Gerald had $900 of office supplies remaining. c. Prepaid Insurance of $3,000 remained. d. Depreciation expense, $3,600. e. Accrued salaries expense of $ 100 that hasn't been paid yet. adjustments. (Abbreviation used: Equip. = Equipment.) Gerald Production Company Worksheet December 31, 2024 The account names and unadjusted trial balance amounts as provided in the question have been entered into the worksheet for you. Finish the partial worksheet by completing the adjustments and adjusted trial balance columns. Complete the Adjustments columns by using the letters a through e to label the five adjustments. (Abbreviation used: Equip. Equipment.) Account Names Cash Accounts Receivable. Office Supplies Prepaid Insurance Equipment Equipom Accumulated Depreciation-Equip. S Accounts Payable Salaries Payable Gerald, Capital S Gerald, Withdrawals Service Revenue Service Revenue Depreciation Expense-Equip. Supplies Expense Utilities Expense Salaries Expense Insurance Expense Total Gerald Production Company Worksheet December 31, 2024 Unadjusted Trial Balance Debit Credit $ 3,800 6,100 1,700 3,600 24,000 31,000 5,300 29,000 S 8.800 5,000 16,700 74,000 $ 104,500 $ 104,500 (a) (d) (b) (e) (c) Adjustments Debit 600 3600 800 100 600 5700 (b) (c) (d) (0) (a) Credit 800 600 3600 100 600 5700 Adjusted Trial Balance Debit Credit 3800 6700 900 3000 24000 31000 5300 29100 600 12400 5000 100 16700 74600 3600 800
Transcribed Image Text:Gerald Theater Production Company's partially completed worksheet as of December 31, 2024, follows. More info a. As of December 31, Gerald had performed $600 of service revenue but has not yet billed customers. b. At the end of the month, Gerald had $900 of office supplies remaining. c. Prepaid Insurance of $3,000 remained. d. Depreciation expense, $3,600. e. Accrued salaries expense of $ 100 that hasn't been paid yet. adjustments. (Abbreviation used: Equip. = Equipment.) Gerald Production Company Worksheet December 31, 2024 The account names and unadjusted trial balance amounts as provided in the question have been entered into the worksheet for you. Finish the partial worksheet by completing the adjustments and adjusted trial balance columns. Complete the Adjustments columns by using the letters a through e to label the five adjustments. (Abbreviation used: Equip. Equipment.) Account Names Cash Accounts Receivable. Office Supplies Prepaid Insurance Equipment Equipom Accumulated Depreciation-Equip. S Accounts Payable Salaries Payable Gerald, Capital S Gerald, Withdrawals Service Revenue Service Revenue Depreciation Expense-Equip. Supplies Expense Utilities Expense Salaries Expense Insurance Expense Total Gerald Production Company Worksheet December 31, 2024 Unadjusted Trial Balance Debit Credit $ 3,800 6,100 1,700 3,600 24,000 31,000 5,300 29,000 S 8.800 5,000 16,700 74,000 $ 104,500 $ 104,500 (a) (d) (b) (e) (c) Adjustments Debit 600 3600 800 100 600 5700 (b) (c) (d) (0) (a) Credit 800 600 3600 100 600 5700 Adjusted Trial Balance Debit Credit 3800 6700 900 3000 24000 31000 5300 29100 600 12400 5000 100 16700 74600 3600 800
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