Hankik EnterprisesWorksheetFor the Year Ended July 31, 2015Adjusted TrialTrial BalanceAdjustmentsDescriptionBalanceDebitDebitCreditCreditDebitCreditCash36Prepaid Insurance12Fees Receivable56Supplies12Equipment60Accum. Depreciation12Uncarned Revenue20Accounts Payable32Wages PayableRamon Hikik, Capital84Ramon Hikik,4DrawingService Revenue80Advertising Expense28Wage Expense20Insurance ExpenseSupplies ExpenseDepreciation Expense228Totals228 REQUIRED: Enter the adjustment data in the work sheet for the transactions shown below and place thebalances in the Adjusted Trial Balance columns.a. Depreciation on equipment $1b. Accrued Wages $2c. Unused supplies on hand $8d. Of the unearned revenue, 75% has been earned.e. Unexpired insurance remaining at the end of the month, $9

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Asked Jan 17, 2020
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Hankik Enterprises
Worksheet
For the Year Ended July 31, 2015
Adjusted Trial
Trial Balance
Adjustments
Description
Balance
Debit
Debit
Credit
Credit
Debit
Credit
Cash
36
Prepaid Insurance
12
Fees Receivable
56
Supplies
12
Equipment
60
Accum. Depreciation
12
Uncarned Revenue
20
Accounts Payable
32
Wages Payable
Ramon Hikik, Capital
84
Ramon Hikik,
4
Drawing
Service Revenue
80
Advertising Expense
28
Wage Expense
20
Insurance Expense
Supplies Expense
Depreciation Expense
228
Totals
228
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Hankik Enterprises Worksheet For the Year Ended July 31, 2015 Adjusted Trial Trial Balance Adjustments Description Balance Debit Debit Credit Credit Debit Credit Cash 36 Prepaid Insurance 12 Fees Receivable 56 Supplies 12 Equipment 60 Accum. Depreciation 12 Uncarned Revenue 20 Accounts Payable 32 Wages Payable Ramon Hikik, Capital 84 Ramon Hikik, 4 Drawing Service Revenue 80 Advertising Expense 28 Wage Expense 20 Insurance Expense Supplies Expense Depreciation Expense 228 Totals 228

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REQUIRED: Enter the adjustment data in the work sheet for the transactions shown below and place the
balances in the Adjusted Trial Balance columns.
a. Depreciation on equipment $1
b. Accrued Wages $2
c. Unused supplies on hand $8
d. Of the unearned revenue, 75% has been earned.
e. Unexpired insurance remaining at the end of the month, $9
help_outline

Image Transcriptionclose

REQUIRED: Enter the adjustment data in the work sheet for the transactions shown below and place the balances in the Adjusted Trial Balance columns. a. Depreciation on equipment $1 b. Accrued Wages $2 c. Unused supplies on hand $8 d. Of the unearned revenue, 75% has been earned. e. Unexpired insurance remaining at the end of the month, $9

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Worksheet: A spreadsheet is a worksheet. It is used while preparing the financial statement. It is a type of form having multiple columns and it is used in the adjustment process. The use...

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