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Crystal Consulting Company Th ear End Adjustments, for Crystal Consulting Company are as follows: End of the Period Spreadsheet For the Year Ended December 31, 2018 a) Supplies on hand at December 31st are $1,500 b) Insurance premiums expired during the year are $250 Unadusted Adjusted c) Depreciation during the year of the building is $6,000 Trial Balance Adjustments d) Billed clients for December consulting fees $7,000 Trial Balance Debit Debit e) Wages accrued but not paid at December 31st are $2,220 Credit Credit Debit Credit Cash 27,500 Accounts Receivable 71,800 Please place the adjustments in the appropriate debit/credit column Supplies 3,550 If you cannot remember what the appropriate accounts are, please Prepaid Insurance 750 see Chapter 3 Exhibit 6 and/or Chapter 4 Exhibit 1 Land 55,000 Please update the Adjusted Trial Balance Buildings 250,000 Once complete with the above please prepare the following: Accumulated Depreciation-Buildings 87,000 For the Year Ended December 31, 2018 Accounts Payable Income Statement: Statement of Stockholder's 16,100 Wages Payable 6,600 Equity Unearned Rent 1,500 Balance Sheet Common Stock 40,000 Retained Earnings 141,900 Dividends 30,000 Service Fees 675,500 Rent Revenue 9,000 Wages Expense 435,000 Rent Expense 55,000 Supplies Expense 11,850 Utilities Expense 8,800 Depreciation Expense-Buildings 10,000 Repairs Expense 4,250 Insurance Expense 3,000 Miscellaneous Expense 11,100 977,600 977,600

Crystal Consulting Company Th ear End Adjustments, for Crystal Consulting Company are as follows: End of the Period Spreadsheet For the Year Ended December 31, 2018 a) Supplies on hand at December 31st are $1,500 b) Insurance premiums expired during the year are $250 Unadusted Adjusted c) Depreciation during the year of the building is $6,000 Trial Balance Adjustments d) Billed clients for December consulting fees $7,000 Trial Balance Debit Debit e) Wages accrued but not paid at December 31st are $2,220 Credit Credit Debit Credit Cash 27,500 Accounts Receivable 71,800 Please place the adjustments in the appropriate debit/credit column Supplies 3,550 If you cannot remember what the appropriate accounts are, please Prepaid Insurance 750 see Chapter 3 Exhibit 6 and/or Chapter 4 Exhibit 1 Land 55,000 Please update the Adjusted Trial Balance Buildings 250,000 Once complete with the above please prepare the following: Accumulated Depreciation-Buildings 87,000 For the Year Ended December 31, 2018 Accounts Payable Income Statement: Statement of Stockholder's 16,100 Wages Payable 6,600 Equity Unearned Rent 1,500 Balance Sheet Common Stock 40,000 Retained Earnings 141,900 Dividends 30,000 Service Fees 675,500 Rent Revenue 9,000 Wages Expense 435,000 Rent Expense 55,000 Supplies Expense 11,850 Utilities Expense 8,800 Depreciation Expense-Buildings 10,000 Repairs Expense 4,250 Insurance Expense 3,000 Miscellaneous Expense 11,100 977,600 977,600

Accounting
Accounting
27th Edition
ISBN:9781337272094
Author:WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Chapter4: Completing The Accounting Cycle
Section: Chapter Questions
Problem 4.24EX: Adjustment data on an end-of-period spreadsheet Alert Security Services Co. offers security services...
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AaBbCcDdEe AaBbCcDdEe AaBbCcDc AaBbCcDd I U v ab x, x A A v Paste 三===|三、a en v Normal No Spacing Heading 1 Heading 2 Crystal Consulting Company Th ear End Adjustments, for Crystal Consulting Company are as follows: End of the Period Spreadsheet For the Year Ended December 31, 2018 a) Supplies on hand at December 31st are $1,500 b) Insurance premiums expired during the year are $250 Unadusted Adjusted c) Depreciation during the year of the building is $6,000 Trial Balance Adjustments Trial Balance d) Billed clients for December consulting fees $7,000 Debit Credit Debit Credit Debit e) Wages accrued but not paid at December 31st are $2,220 Credit Cash 27,500 Accounts Receivable 71,800 Please place the adjustments in the appropriate debit/credit column Supplies 3,550 If you cannot remember what the appropriate accounts are, please Prepaid Insurance 750 see Chapter 3 Exhibit 6 and/or Chapter 4 Exhibit 1 Land 55,000 Please update the Adjusted Trial Balance Buildings 250,000 Once complete with the above please prepare the following: Accumulated Depreciation-Buildings 87,000 For the Year Ended December 31, 2018 Accounts Payable 16,100 Income Statement Statement of Stockholder's Equity Wages Payable 6,600 Unearned Rent 1,500 Balance Sheet Common Stock 40,000 Retained Earnings 141,900 Dividends 30,000 Service Fees 675,500 Rent Revenue 9,000 Wages Expense 435,000 Rent Expense 55,000 Supplies Expense 11,850 Utilities Expense 8,800 Depreciation Expense-Buildings 10,000 Repairs Expense 4,250 Insurance Expense 3,000 Miscellaneous Expense 11,100 977,600 977,600 Foc 211 words English (United States)
Transcribed Image Text:AaBbCcDdEe AaBbCcDdEe AaBbCcDc AaBbCcDd I U v ab x, x A A v Paste 三===|三、a en v Normal No Spacing Heading 1 Heading 2 Crystal Consulting Company Th ear End Adjustments, for Crystal Consulting Company are as follows: End of the Period Spreadsheet For the Year Ended December 31, 2018 a) Supplies on hand at December 31st are $1,500 b) Insurance premiums expired during the year are $250 Unadusted Adjusted c) Depreciation during the year of the building is $6,000 Trial Balance Adjustments Trial Balance d) Billed clients for December consulting fees $7,000 Debit Credit Debit Credit Debit e) Wages accrued but not paid at December 31st are $2,220 Credit Cash 27,500 Accounts Receivable 71,800 Please place the adjustments in the appropriate debit/credit column Supplies 3,550 If you cannot remember what the appropriate accounts are, please Prepaid Insurance 750 see Chapter 3 Exhibit 6 and/or Chapter 4 Exhibit 1 Land 55,000 Please update the Adjusted Trial Balance Buildings 250,000 Once complete with the above please prepare the following: Accumulated Depreciation-Buildings 87,000 For the Year Ended December 31, 2018 Accounts Payable 16,100 Income Statement Statement of Stockholder's Equity Wages Payable 6,600 Unearned Rent 1,500 Balance Sheet Common Stock 40,000 Retained Earnings 141,900 Dividends 30,000 Service Fees 675,500 Rent Revenue 9,000 Wages Expense 435,000 Rent Expense 55,000 Supplies Expense 11,850 Utilities Expense 8,800 Depreciation Expense-Buildings 10,000 Repairs Expense 4,250 Insurance Expense 3,000 Miscellaneous Expense 11,100 977,600 977,600 Foc 211 words English (United States)
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