Balance of Cleaning EquipmentRental ExpenseThe trial balance for Ariel Certified Cleaners appears as follows:Ariel Certified CleanersTrial BalanceSept. 30, 2015DebitCreditCashB117,880Accounts Receivable264,940Prepaid Insurance34,000Cleaning Supplies73,740Land180,000BuildingAccumulated Depreciation - Building1,850,0009456,000Accounts Payable204,000Unearned Cleaning Revenues16,000Mortgage Payable1,100,000Ariel, Capital565,600Ariel, Withdrawals100,000Cleaning Revenues1,576,340Salaries Expense1,013,300Cleaning Equipment Rental Expense60,000Delivery Truck Expense43,Interest Expense110,000Other Expense70,340Total :P3,917,940P3,917,940Your answer A review of insurance policiesshowed that P6,800 is unexpired atthe year-end. Asset Method -Amount:The trial balance for Ariel Certified Cleaners appears as follows:Ariel Certified CleanersTrial BalanceSept. 30, 2015DebitCreditCashB117,880Accounts Receivable264,940Prepaid Insurance34,000Cleaning Supplies73,740Land180,000BuildingAccumulated Depreciation - BuildingAccounts Payable1,850,0009456,000204,000Unearned Cleaning Revenues16,000Mortgage Payable1,100,000Ariel, Capital565,600Ariel, Withdrawals100,000Cleaning RevenuesSalaries Expense1,576,3401,013,300Cleaning Equipment Rental Expense60,000Delivery Truck Expense43,740Interest Expense110,000Other Expense70,340Total :P3,917,940P3,917,940

Trial balance is the summary of all general ledger account balances in the business. Total debits…

Balance of Cleaning Equipment Rental Expense 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 1,850,000 Building Accumulated Depreciation - Building 9456,000 Accounts Payable 204,000 Unearmed Cleaning Revenues 16,000 Mortgage Payable 1,100,000 Ariel, Capital 565,600 Ariel, Withdrawals 100,000 Cleaning Revenues 1,576,340 Salaries Expense 1,013,300 Cleaning Equipment Rental Expense 60,000 Delivery Truck Expense Interest Expense Other Expense Total : 43,740 110,000 70,340 P3,9 ,940 P3,917,940 Your answer

Balance of Cleaning Equipment Rental Expense 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 1,850,000 Building Accumulated Depreciation - Building 9456,000 Accounts Payable 204,000 Unearmed Cleaning Revenues 16,000 Mortgage Payable 1,100,000 Ariel, Capital 565,600 Ariel, Withdrawals 100,000 Cleaning Revenues 1,576,340 Salaries Expense 1,013,300 Cleaning Equipment Rental Expense 60,000 Delivery Truck Expense Interest Expense Other Expense Total : 43,740 110,000 70,340 P3,9 ,940 P3,917,940 Your answer

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter4: Adjusting Entries And The Work Sheet

Section: Chapter Questions

Problem 5E: Complete the work sheet for Ramey Company, dated December 31, 20, through the adjusted trial balance...

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