Homework Help is Here – Start Your Trial Now!
Business
Accounting
I need answers for my worksheet like the format of the other picture. Thank you.

I need answers for my worksheet like the format of the other picture. Thank you.

Century 21 Accounting General Journal
Century 21 Accounting General Journal
11th Edition
ISBN:9781337680059
Author:Gilbertson
Publisher:Gilbertson
Chapter22: End-of-fiscal-period Work For A Corporation
Section: Chapter Questions
Problem 1AP
See similar textbooks
icon
Related questions
Question

I need answers for my worksheet like the format of the other picture. Thank you.

Presented below, together with account numbers, is the unadjusted trial balance of Madelyn Rialubin Travel Agency for the year ended Dec. 31, 2018:. Madelyn Rialubin Travel Agency Unadiusted Trial Balance Dec. 31, 2018 Cash 110 Accounts Recelvable 120 130 Prepaid Rent 140 Office Supplies Furniture 150 P 125,000 645,000 360,000 63,000 2,175,000 P 435,000 900,000 285,000 155 Accumulated Depreciation 210 Notes Payable 220 Accounts Payable, 230 Salaries Payable Interest Payable Rialubin, Capital Rialubin, Witfidrawals Travel Revenues. Salaries Expense Rent Expense Office Supplles Expense 240 310 320 1,680,000. 1,200,000 410 5,133,000 510 3,771,000 520 530 540 Depreciation Expense 550 Interest Expense 560 Miscellaneous Expense 93,000 P8,433.000 Totals P8,433,000 Information pertaining to Rialubin's accounts is as follows: a. On Nov. 1, 2018, Rialubin paid Juanita Rabena Realtors P360,000 for six months' rent on the office buiiding commencing that date. b. Office supplies on hand at Dec. 31, 2018 amounted to P27,000. C. Depreciation expense for the furniture amounted to P75,000 for the year. d. At Dec. 31, 2018, P105,000 salaries have accrued. e. The P900,000 note payable was issued on Oct. 1, 2018. It wilL be repaid in 12 months together with interest at an annual rate of 24%.
Transcribed Image Text:Presented below, together with account numbers, is the unadjusted trial balance of Madelyn Rialubin Travel Agency for the year ended Dec. 31, 2018:. Madelyn Rialubin Travel Agency Unadiusted Trial Balance Dec. 31, 2018 Cash 110 Accounts Recelvable 120 130 Prepaid Rent 140 Office Supplies Furniture 150 P 125,000 645,000 360,000 63,000 2,175,000 P 435,000 900,000 285,000 155 Accumulated Depreciation 210 Notes Payable 220 Accounts Payable, 230 Salaries Payable Interest Payable Rialubin, Capital Rialubin, Witfidrawals Travel Revenues. Salaries Expense Rent Expense Office Supplles Expense 240 310 320 1,680,000. 1,200,000 410 5,133,000 510 3,771,000 520 530 540 Depreciation Expense 550 Interest Expense 560 Miscellaneous Expense 93,000 P8,433.000 Totals P8,433,000 Information pertaining to Rialubin's accounts is as follows: a. On Nov. 1, 2018, Rialubin paid Juanita Rabena Realtors P360,000 for six months' rent on the office buiiding commencing that date. b. Office supplies on hand at Dec. 31, 2018 amounted to P27,000. C. Depreciation expense for the furniture amounted to P75,000 for the year. d. At Dec. 31, 2018, P105,000 salaries have accrued. e. The P900,000 note payable was issued on Oct. 1, 2018. It wilL be repaid in 12 months together with interest at an annual rate of 24%.
Del Mundo Landscape Speclalist Worksheet For the Month Ended Nov. 30, 2018 Adjusted Trial Balance Income Statement Balance Sheet Adjustments Debit Trial Balance Account Title Debit Credit Credit Debit Credit Debit Credit Debit Credit No. 182,250 10,000 182,250 7,500 1,000 21,000 182,250 10,000 A500 14,000 22,000 300,000 110 Cash 120 Accounts Receivable i. 2,500 500 500 Supplies Prepaid Rent Prepaid Insurance Vehicles 130 С. 14,000 22,000 300,000 140 a. 7,000 150 24,000 b. 2,000 160 300,000 4,500 4,500 Accum. Depreciation-Vehicles Equipment Accum. Depreciation-Equipment Notes Payable Accounts Payable Salaries Payable Interest Payable Unearned Revenues 165 d. 4,500 170 54,000 54,000 54,000 1,000 100,000 1,000 1,600 1,400 11,250 450,000 1,000 100,000 1,000 1,600 1,400 11,250 450,000 175 е. 1,000 100,000 1,000 210 220 1,600 g. h. 230 240 1,400 2,250 13,500 f. 450,000 250 Del Mundo, Capital Del Mundo, Withdrawals Income Summary Landscaping Revenues 420 Lawn Cutting Revenues 310 320 5,000 5,000 5,000 330 410 37,500 f. 42,250 42,250 2,250 2,500 i. 5,600 4,000 1,600 -500 5,600 500 Salaries Expense Supplies Expense Rent Expense Insurance Expense Gas Expense Advertising Expense Depreciation Expense-Vehicles Depreciation Expense-Equipment Interest Expense 510 g. 520 C. 500 7,000 7,000 2,000 530 a. 7,000 2,000 1,500 1,750 4,500 1,000 1,400 22,750 613,000 2,000 1,500 1,750 4,500 1,000 1,400 25,250 540 b. 1,500 1,750 550 560 4,500 1,000 1,400 570 d. 580 е. 590 h. 602,000 602,000 22,750 613,000 42,250 587,750 570,750 17,000 42,250 17,000 587,750 Profit 42,250 587,750 Exhibit 6-4 Income Statement and Balance Sheet Columns, and Computation of Profit 193
Transcribed Image Text:Del Mundo Landscape Speclalist Worksheet For the Month Ended Nov. 30, 2018 Adjusted Trial Balance Income Statement Balance Sheet Adjustments Debit Trial Balance Account Title Debit Credit Credit Debit Credit Debit Credit Debit Credit No. 182,250 10,000 182,250 7,500 1,000 21,000 182,250 10,000 A500 14,000 22,000 300,000 110 Cash 120 Accounts Receivable i. 2,500 500 500 Supplies Prepaid Rent Prepaid Insurance Vehicles 130 С. 14,000 22,000 300,000 140 a. 7,000 150 24,000 b. 2,000 160 300,000 4,500 4,500 Accum. Depreciation-Vehicles Equipment Accum. Depreciation-Equipment Notes Payable Accounts Payable Salaries Payable Interest Payable Unearned Revenues 165 d. 4,500 170 54,000 54,000 54,000 1,000 100,000 1,000 1,600 1,400 11,250 450,000 1,000 100,000 1,000 1,600 1,400 11,250 450,000 175 е. 1,000 100,000 1,000 210 220 1,600 g. h. 230 240 1,400 2,250 13,500 f. 450,000 250 Del Mundo, Capital Del Mundo, Withdrawals Income Summary Landscaping Revenues 420 Lawn Cutting Revenues 310 320 5,000 5,000 5,000 330 410 37,500 f. 42,250 42,250 2,250 2,500 i. 5,600 4,000 1,600 -500 5,600 500 Salaries Expense Supplies Expense Rent Expense Insurance Expense Gas Expense Advertising Expense Depreciation Expense-Vehicles Depreciation Expense-Equipment Interest Expense 510 g. 520 C. 500 7,000 7,000 2,000 530 a. 7,000 2,000 1,500 1,750 4,500 1,000 1,400 22,750 613,000 2,000 1,500 1,750 4,500 1,000 1,400 25,250 540 b. 1,500 1,750 550 560 4,500 1,000 1,400 570 d. 580 е. 590 h. 602,000 602,000 22,750 613,000 42,250 587,750 570,750 17,000 42,250 17,000 587,750 Profit 42,250 587,750 Exhibit 6-4 Income Statement and Balance Sheet Columns, and Computation of Profit 193
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 1 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Century 21 Accounting General Journal
Century 21 Accounting General Journal
Accounting
ISBN:
9781337680059
Author:
Gilbertson
Publisher:
Cengage
Century 21 Accounting Multicolumn Journal
Century 21 Accounting Multicolumn Journal
Accounting
ISBN:
9781337679503
Author:
Gilbertson
Publisher:
Cengage
Financial Accounting
Financial Accounting
Accounting
ISBN:
9781337272124
Author:
Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:
Cengage Learning
Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
Accounting
ISBN:
9781337690881
Author:
Jay Rich, Jeff Jones
Publisher:
Cengage Learning
Survey of Accounting (Accounting I)
Survey of Accounting (Accounting I)
Accounting
ISBN:
9781305961883
Author:
Carl Warren
Publisher:
Cengage Learning
Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
Accounting
ISBN:
9781337788281
Author:
James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:
Cengage Learning
SEE MORE TEXTBOOKS