Balance of Ariel, CapitalThe trial balance for Ariel Certified Cleaners appears as follows:Ariel Certified CleanersTrial BalanceSept. 30, 2015DebitCreditCash9117,880Accounts Receivable264,940Prepaid Insurance34,000Cleaning Supplies73,740Land180,000BuildingAccumulated Depreciation - Building1,850,0009456,000Accounts Payable204,000Uneamed Cleaning Revenues16,000Mortgage PayableAriel, Capital1,100,000565,600Ariel, Withdrawals100,000Cleaning Revenues1,576,340Salaries Expense1,013,300Cleaning Equipment Rental Expense60,000Delivery Truck Expense43,740Interest Expense110,000Other Expense70,340Total :P3,917,940P3,917,940 Balance of Mortgage Payable *The trial balance for Ariel Certified Cleaners appears as follows:Ariel Certified CleanersTrial BalanceSept. 30, 2015DebitCreditCash117,880Accounts Receivable264,940Prepaid Insurance34,000Cleaning Supplies73,740Land180,000Building1,850,000Accumulated Depreciation - Building9456,000Accounts Payable204,000Uneamed Cleaning Revenues16,0001,100,000Mortgage PayableAriel, Capital565,600Ariel, Withdrawals100,000Cleaning Revenues1,576,340Salaries ExpenseCleaning Equipment Rental ExpenseDelivery Truck Expense1,013,30060,00043,740Interest ExpenseOther Expense110,00070,340Total :P3,917,940P3,917,940

Note: There is no adjustment entry mentioned in the Question, hence I assume that the Trial Balance…

Balance of Ariel, Capital The trial balance for Ariel Certified Cleaners appears as follows: Ariel Certified Cleaners Trial Balance Sept. 30, 2015 Debit Credit Cash B117,880 Accounts Receivable 264,940 Prepaid Insurance 34,000 Cleaning Supplies 73,740 Land 180,000 Building Accumulated Depreciation - Building 1,850,000 B456,000 Accounts Payable 204,000 Unearmed Cleaning Revenues 16,000 Mortgage Payable Ariel, Capital 1,100,000 565,600 Ariel, Withdrawals 100,000 Cleaning Revenues Salaries Expense 1,576,340 1,013,300 Cleaning Equipment Rental Expense 60,000 Delivery Truck Expense 43,740 Interest Expense 110,000 Other Expense 70,340 Total : P3,917,940 P3,917,940

Balance of Ariel, Capital The trial balance for Ariel Certified Cleaners appears as follows: Ariel Certified Cleaners Trial Balance Sept. 30, 2015 Debit Credit Cash B117,880 Accounts Receivable 264,940 Prepaid Insurance 34,000 Cleaning Supplies 73,740 Land 180,000 Building Accumulated Depreciation - Building 1,850,000 B456,000 Accounts Payable 204,000 Unearmed Cleaning Revenues 16,000 Mortgage Payable Ariel, Capital 1,100,000 565,600 Ariel, Withdrawals 100,000 Cleaning Revenues Salaries Expense 1,576,340 1,013,300 Cleaning Equipment Rental Expense 60,000 Delivery Truck Expense 43,740 Interest Expense 110,000 Other Expense 70,340 Total : P3,917,940 P3,917,940

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

Chapter12: Intangibles

Section: Chapter Questions

Problem 2P

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