Chapter 4, Problem 1.2C

Please answer  within 30mins,it would be apprecaible!! Answer both 1 and 2

Merah Sdn. BhdUnadjusted Trial Balance as at 30 June 2020                                                                      RM                               RMCash                                                          15,400 Account Receivables                                  25,000 Inventory 1 July 2019                               68,000 Prepaid Insurance                                     10,800 Office Supplies On Hand                          12,500 Furniture And Fittings                             120,000 Accumulated Depreciation : Furniture And Fittings                      12,000Account Payable                                                                           51,100Capital                                                                                           68,000Sales                                                                                              785,400Sales Return                                                2,600 Sales Discount…

Marked out of 20.00P Flag questionusing the income summary account for the month ofSiren MarketingAdjusted Trial BalanceMay 31, 2022Account TitleCashDebitCredit$8, 600Accounts Receivable$2, 500Prepaid Insurance$2,700 Accounts PayableUnearned RevenueKirk, Capital$1, 200$1, 800$5, 880Kirk, Withdrawals$1,600Service Revenue$8, 620Advertising Expenselnsurance ExpenseRent Expense Total$790$450$860$17,500 $17,500No comma or dollar sign should be included in the imput icklPrepare the closing entries in the proper order. For transactions that have more than 1 debit or more than 1 deditDebitAccount Title and Explanation Date May 31

Adjustment Amount $5766.67, Net Income $49,408.33 Record the following transactions to the journal and post it to the T-accounts. Make a footing and get the ending balance of each account. Prepare your trial balance in the worksheet template. December 2021 2   Paid wages from last month $1,500. 4    additional investment of $5,000 from S. Joe’s savings account. 10  Collected $1,500 from fees earned previously. 15  Billed client for services rendered, $1,500 20  Paid wages expense $ 1,800. 23  Received telephone bill to be paid later, $150 25  Provided cleaning services in cash $1,000. 26  Purchase cleaning supplies on account $ 1,200. 27  Payment of accounts payable $1,000. 28  Paid gasoline $500. Record the following in the adjustment journal template then post it to the T-accounts. additional information for adjustments for December 31, 2021. Unexpired prepaid rent is $750. The annual prepaid insurance was paid Nov. 1 $2,500. Record the expired portion. Cleaning supplies on…

If Accounts Payable has debit postings of P170,000 credit postings of P140,000 and a normal ending balance of P60,000 which of the following was its beginning balance? Group of answer choices P30,000 Cr. P30,000 Dr. P90,000 Dr. P90,000 Cr.

Selected accounts of Nash Company are shown below. Supplies Beg. Bal. 866 10/31 486 Salaries and Wages Expense 10/15 774     10/31 610     Unearned Service Revenue 10/31 429 10/20 650 Service Revenue     10/17 2,059     10/31 1,786     10/31 429 Accounts Receivable 10/17 2,059     10/31 1,786     Salaries and Wages Payable     10/31 610 Supplies Expense 10/31 486     (a)   New attempt is in progress. Some of the new entries may impact the last attempt grading. Your answer is partially correct. From an analysis of the T-accounts, reconstruct the October transaction entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation Debit Credit…

IF you know : 1- Standard time 11 hour . 2- Actual time 9.5 hour . 3- Rate per hour ( 7500 )D. 4- Saved time ? . R. : Calculate total wages by using ( Rowan method ).

Insert a pie chart with a 2-D visual effect for 2018 using all expense items in a new worksheet called, “Comparing Expenses”. Include all relevant labels, titles (not shown) and legends while changing the default colors. Thom-Pierre Consultants (TPC)       Tax Rate COMPARITIVE INCOME STATEMENT     30% for years ended 31 December               2018 2019     Revenues and gains           *Sales revenue           *Interest revenue           *Investment Income         *Other revenue           Total revenue and gains                       Expenses and losses         **Cost of goods sold          460,000       **Selling and admin administrative          195,000       ***Computer (operating)         **Depreciation             55,000       **Interest expense             25,200       Total expenses and losses         Income before taxes           Income tax expense (30%)         Net Income

Unearned revenue, Beginning- Php 22 Gift certificates sold- Php 28 Gift certificates redeemed- Php 16 Gift certificates unredeemed for a long time- Php 14 COGS- Php 30 What amount should be reported as unearned revenue on Dec 31?