Multiple choice 1. Salary expense has a balance of 55,400 in the trial balance debit column of a worksheet. The adjustments credit column contains a 500 credit to salary payable. The adjusted trial balance column will show: A. Salary expense with a debit balance of 54,900 B. Salary expense with a debit balance of 500 C. Salary expense with a debit balance of 55,900 D. Salary payable with a credit balance of 55,900 2. Interest expense on a worksheet's trial balance debit column has a 2,400 balance and a 3,000 balance on the worksheet's income statement debit column. The difference is due yo: A. an entry in the adjustments credit column for 600 to interest expense B. an entry in the adjustments debit column for 3,000 to interest expense C. an entry in the adjustments credit column for 3,000 to interest expense D. An entry in the adjustments credit column for 600 to interest payable

(a) Received $12,000 from Katie Long, owner. Purchased equipment for $25,000, paying $10,000 in cash (b) and giving a note payable for the remainder. (c) Paid $1,800 for rent for April (d) Purchased $9,800 of supplies on account. (e) Recorded $2,250 of fees earned on account. (f) Received $9,000 in cash for fees eamed (g) Paid $300 to creditors on account Paid wages of $1,650 (h) Received $1,190 from customers on account. (i) ()Recorded owner's withdrawal of $2,350

On June 30 of the current year, Rosemount Copy Center has completed the Trial Balance columns of the work sheet. Analyze the adjustment information given here into debit and credit parts. Record the adjustments on the work sheet. Total the Adjustments columns. Adjustment Information  June 30 Supplies on hand $188.00 Value of prepaid insurance 540.00 WORK SHEET For Month Ended June 30, 20--     ACCOUNT TITLE TRIAL BALANCE ADJUSTMENTS INCOME STATEMENT BALANCE SHEET   DEBIT CREDIT DEBIT CREDIT DEBIT CREDIT DEBIT CREDIT 1 Cash 8,715.00               1 2 Petty Cash 75.00               2 3 Accounts Receivable-Raymond O’Neil 642.00               3 4 Supplies 518.00               4 5 Prepaid Insurance 675.00               5 6 Accounts Payable-Western Supply   268.00             6 7 Akbar…

Practice help, please.

Requirement 1. Journalize the adjusting entries using the letter and March 31 date in the date column. (Record debits first, then able. Check your spelling carefully and do not abbreviate. Use the account names provided in the problem.) a. Service revenue accrued, $600. Date (a) Mar. 31 Accounts and Explanation Debit Credit

Using the information in the attached pictures, prepare the REVERSING ENTRIES REVERSING ENTRIES: a.) b.) c.) d.)

Use the information from the Adjusted Trial Balance and Financial Statement templates provided in the module under Test 2 information you completed to answer questions 36 - 50. (Also copied below.) For Question 36, how much revenue should be recorded on the Income Statement? Elliptical Consulting Adjusted Trial Balance For the Year Ended June 30, 2019     Account Title       Debit       Credit Cash 27,000   Accounts Receivable 53,500   Supplies 900   Office Equipment 30,500   Accumulated Depreciation – Office Equipment   6,000 Accounts Payable   3,300 Salaries Payable   375 Jayson Neese, Capital   82,200 Jayson Neese, Drawing 2,000   Fees Earned   60,000 Salary Expense 32,375   Supplies Expense 2,100   Depreciation Expense 1,500   Miscellaneous Expense 2,000         Totals 151,875 151,875   Notice that the accounts are listed in order of the accounting…

Match each journal entry that follows as one of the types of journal entries. Cash 450 Journal entries Fees Earned 450 Wages Expense 870 Adjusting journal entries Choose ] ✓Closing journal entries Adjusting journal entries Journal entries [Choose] Wages Payable 870 Debit Retained Earnings 650, Credit Dividends 650 Debit Utilities Expense 589, Credit Cash 589

Use the following T-accounts to prepare the four journal entries required to close the books: T-Accounts. Accounts Receivable debit balance 45,500. Fees Earned Revenue credit balance 60,000. Commission expense debit balance 7,200. Supplies Expense debit balance 5,500. Wages Expense debit balance 42,000. Dividends debit balance 3,500. Retained Earnings credit balance 51,000.

Can you please show me how to do the worksheet including the trial balance, adjustments, adjusted trial balance, income statement, and balance sheet. with the figures below the unadjusted trial balance should come equal $47,094. Adjustment column should be $4,040, and adjusted trial balance should equal $48,439. Please guide me in right direction.