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x 12 Student Portal O WileyPLUS ugen.wileypius.com/edugen/Iti/main.uni US Kieso, Intermediate Accounting, 17e Help | System Announcements ES Problem 3-09 (Part Level Submission) Presented below is the trial balance of the Marigold Golf Club, Inc. as of December 31. The MARIGOLD GOLF CLUB, INC. TRIAL BALANCE DECEMBER 31 Debit Credit Cash $18,670 Accounts Receivable 13,900 Allowance for Doubtful Accounts $1,200 Prepaid Insurance Land 382, dy Buildings 150,000 Accumulated Depreciation-Buildings 38,835 Equipment 151,700 Accumulated Depreciation-Equipment 73,220 Common Stock 419,300 Retained Earnings 129,285 Dues Revenue 208,400 Green Fees Revenue 6,260 Rent Revenue 17,600 Utilities Expenses 57,110 Salaries and Wages Expense 82,630 Maintenance and Repairs Expense 28,410 $894,100 $894,100 (a) to search DOLL F4 F5 F6 F7 F8 F9 F10 F3 #3 $4 & 96 %24 Student Portal WileyPLUS gen.wileyplus.com/edugen/ti/main.uni US IS Kieso, Intermediate Accounting, 17e Help I System Announcements NO. ALCOUIL Iues anu ExpldllaLIon veDIL Creuil ES 1. Accounts Receivable 38835.00 Accumulated Depreciati 38835.00 2. Equipment 15170.00 Accumulated Depreciati 13220.00 3. Insurance Expense 3170.00 dy Prepaid Insurance 8980.00 Prepaid Rent 1600.00 Rent Revenue 1600.00 Accounts Receivable 13900.00 Accounts Payable 1668.00 6. Salaries and Wages Expen 82630.00 Salaries and Wages Pay 3707.00 7. 8422.00 Dues Revenue to search F9 F10 11 F12 F3 F4 F5 F6 F7 F8 & %24 4. 5.

x 12 Student Portal O WileyPLUS ugen.wileypius.com/edugen/Iti/main.uni US Kieso, Intermediate Accounting, 17e Help | System Announcements ES Problem 3-09 (Part Level Submission) Presented below is the trial balance of the Marigold Golf Club, Inc. as of December 31. The MARIGOLD GOLF CLUB, INC. TRIAL BALANCE DECEMBER 31 Debit Credit Cash $18,670 Accounts Receivable 13,900 Allowance for Doubtful Accounts $1,200 Prepaid Insurance Land 382, dy Buildings 150,000 Accumulated Depreciation-Buildings 38,835 Equipment 151,700 Accumulated Depreciation-Equipment 73,220 Common Stock 419,300 Retained Earnings 129,285 Dues Revenue 208,400 Green Fees Revenue 6,260 Rent Revenue 17,600 Utilities Expenses 57,110 Salaries and Wages Expense 82,630 Maintenance and Repairs Expense 28,410 $894,100 $894,100 (a) to search DOLL F4 F5 F6 F7 F8 F9 F10 F3 #3 $4 & 96 %24 Student Portal WileyPLUS gen.wileyplus.com/edugen/ti/main.uni US IS Kieso, Intermediate Accounting, 17e Help I System Announcements NO. ALCOUIL Iues anu ExpldllaLIon veDIL Creuil ES 1. Accounts Receivable 38835.00 Accumulated Depreciati 38835.00 2. Equipment 15170.00 Accumulated Depreciati 13220.00 3. Insurance Expense 3170.00 dy Prepaid Insurance 8980.00 Prepaid Rent 1600.00 Rent Revenue 1600.00 Accounts Receivable 13900.00 Accounts Payable 1668.00 6. Salaries and Wages Expen 82630.00 Salaries and Wages Pay 3707.00 7. 8422.00 Dues Revenue to search F9 F10 11 F12 F3 F4 F5 F6 F7 F8 & %24 4. 5.

Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter9: Long-term Liabilities
Section: Chapter Questions
Problem 104.4C
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Need help answer the red box that are wrong. Thank you

From the trial balance  and the  information  given below., prepare annual adjusting entries.

1. The buildings have an estimated life of 30 years with no salvage value. Stright line method. 

2. The equipment  is depreciated at 10 % per year.

3. Insurance  expires during the year 3170.00.

5. It is estimated that 12%  of the accounts receivable  will be uncollectable. 

6. Salaries and wages wened but not paid by December  31, $3707.

Thank you

 

x 12 Student Portal O WileyPLUS ugen.wileypius.com/edugen/Iti/main.uni US Kieso, Intermediate Accounting, 17e Help | System Announcements ES Problem 3-09 (Part Level Submission) Presented below is the trial balance of the Marigold Golf Club, Inc. as of December 31. The MARIGOLD GOLF CLUB, INC. TRIAL BALANCE DECEMBER 31 Debit Credit Cash $18,670 Accounts Receivable 13,900 Allowance for Doubtful Accounts $1,200 Prepaid Insurance Land 382, dy Buildings 150,000 Accumulated Depreciation-Buildings 38,835 Equipment 151,700 Accumulated Depreciation-Equipment 73,220 Common Stock 419,300 Retained Earnings 129,285 Dues Revenue 208,400 Green Fees Revenue 6,260 Rent Revenue 17,600 Utilities Expenses 57,110 Salaries and Wages Expense 82,630 Maintenance and Repairs Expense 28,410 $894,100 $894,100 (a) to search DOLL F4 F5 F6 F7 F8 F9 F10 F3 #3 $4 & 96 %24
Transcribed Image Text:x 12 Student Portal O WileyPLUS ugen.wileypius.com/edugen/Iti/main.uni US Kieso, Intermediate Accounting, 17e Help | System Announcements ES Problem 3-09 (Part Level Submission) Presented below is the trial balance of the Marigold Golf Club, Inc. as of December 31. The MARIGOLD GOLF CLUB, INC. TRIAL BALANCE DECEMBER 31 Debit Credit Cash $18,670 Accounts Receivable 13,900 Allowance for Doubtful Accounts $1,200 Prepaid Insurance Land 382, dy Buildings 150,000 Accumulated Depreciation-Buildings 38,835 Equipment 151,700 Accumulated Depreciation-Equipment 73,220 Common Stock 419,300 Retained Earnings 129,285 Dues Revenue 208,400 Green Fees Revenue 6,260 Rent Revenue 17,600 Utilities Expenses 57,110 Salaries and Wages Expense 82,630 Maintenance and Repairs Expense 28,410 $894,100 $894,100 (a) to search DOLL F4 F5 F6 F7 F8 F9 F10 F3 #3 $4 & 96 %24
Student Portal WileyPLUS gen.wileyplus.com/edugen/ti/main.uni US IS Kieso, Intermediate Accounting, 17e Help I System Announcements NO. ALCOUIL Iues anu ExpldllaLIon veDIL Creuil ES 1. Accounts Receivable 38835.00 Accumulated Depreciati 38835.00 2. Equipment 15170.00 Accumulated Depreciati 13220.00 3. Insurance Expense 3170.00 dy Prepaid Insurance 8980.00 Prepaid Rent 1600.00 Rent Revenue 1600.00 Accounts Receivable 13900.00 Accounts Payable 1668.00 6. Salaries and Wages Expen 82630.00 Salaries and Wages Pay 3707.00 7. 8422.00 Dues Revenue to search F9 F10 11 F12 F3 F4 F5 F6 F7 F8 & %24 4. 5.
Transcribed Image Text:Student Portal WileyPLUS gen.wileyplus.com/edugen/ti/main.uni US IS Kieso, Intermediate Accounting, 17e Help I System Announcements NO. ALCOUIL Iues anu ExpldllaLIon veDIL Creuil ES 1. Accounts Receivable 38835.00 Accumulated Depreciati 38835.00 2. Equipment 15170.00 Accumulated Depreciati 13220.00 3. Insurance Expense 3170.00 dy Prepaid Insurance 8980.00 Prepaid Rent 1600.00 Rent Revenue 1600.00 Accounts Receivable 13900.00 Accounts Payable 1668.00 6. Salaries and Wages Expen 82630.00 Salaries and Wages Pay 3707.00 7. 8422.00 Dues Revenue to search F9 F10 11 F12 F3 F4 F5 F6 F7 F8 & %24 4. 5.
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