Loading...

Messages

Proposals

Stuck in your homework and missing deadline? Get urgent help in $10/Page with 24 hours deadline

Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.

Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support

Enter the november 1 balances in the ledger accounts

05/01/2021 Client: saad24vbs Deadline: 7 Days

1


BUS ADM 201 Introduction to Financial Accounting Spring 2018


EXTRA CREDIT I Hardcopy & handwritten due to your TA by 3/10


Jamukha Company’s post-closing trial balance for October 31, 2017 showed the following account balances:


During November the following transactions were completed. A perpetual inventory system is used.


Nov. 8 Paid $3,600 for salaries due to employees, of which $3,000 is for October salaries payable and $600 is for November.


10 Received $12,100 cash from customers in payment of account. 11 Purchased merchandise on account from Charlie Wholesale Supply for


$11,250, terms 2/10, n/30. 12 Sold merchandise on account for $6,300, terms 2/10, n/30. The cost of the


merchandise sold was $5,250. 15 Received credit from Charlie Wholesale Supply for merchandise returned


$1,000. 19 Received collections in full, less discounts, from customers billed on sales of


$6,300 on Nov. 12. 20 Paid Charlie Wholesale Supply in full, less discount. (Don’t forget the return


on Nov. 15.) 22 Received $10,100 cash for services performed in November. 25 Purchased equipment on account $7,000. 27 Purchased supplies on account $1,150.


28 Paid creditors $5,400 of accounts payable due. 29 Paid November rent $3,750. 29 Paid salaries $2,400. 29 Performed services on account and billed customers for services provided


$1,200. 29 Received $600 from customers for services to be provided in the future.


Debits Credits Cash 17,670 Accumulated depreciation 2,000 Accounts receivable 32,350 Accounts payable 8,250 Supplies 780 Unearned service revenue 5,000 Equipment 53,000 Salaries payable 3,000


Common stock 45,000 Retained earnings 40,550


103,800 103,800


2


Adjustment data:


1. Supplies on hand are valued at $1,122. 2. Accrued salaries payable as of 11/30 are $800. 3. Depreciation for the month is $4,800. 4. $600 of the unearned service revenue has not been earned by month end.


Instructions


Print out the attached templates for the general ledger, journal, and worksheet and complete the following requirements. You must complete all requirements (a) through (h) to receive any credit. Turn in your completed packet of work to your TA in discussion, or in their mailbox by midnight on Saturday March 10th.


a. Enter the November 1 balances in ledger accounts. Use the T-accounts provided on the next page.


b. Enter the November transactions in the general journal provided on page 4. Do not prepare adjusting entries until part (e).


c. Post to the ledger accounts. You will need to add some accounts. d. Using the worksheet on page 7, prepare an unadjusted trial balance at November 30 and enter


on the worksheet on page 7. Then complete the other worksheet columns. (See below.) e. Using your unadjusted trial balance from (d) and the data for adjusting entries, prepare a 12


column worksheet similar to the Sierra Corporation Worksheet in the Chapter 4 of your accounting text book on page 183. The worksheet will include columns for account names, a trial balance, adjustments, and adjusted trial balance, an income statement, a statement of retained earnings, and a balance sheet.


f. Journalize and post adjusting entries. g. Prepare a complete and properly-formatted multiple-step income statement and a retained


earnings statement for November and a classified balance sheet at November 30. Use your own paper for these statements. (No templates are provided.)


h. Journalize and post closing entries.


3


EXTRA CREDIT ONE SOLUTION – Name ________________________ (a), (c), (f), (h) General Ledger


Cash


Accounts Receivable


Supplies


Equipment


Accumulated Depreciation— Equipment


Accounts Payable


Unearned Service Revenue


Salaries Payable


Common Stock


Retained Earnings


4


General Ledger (Continued)


Income Summary


5


(b), (f), (h) General Journal Date Account Titles Debit Credit


6


Date Account Titles Debit Credit


7


(d), (e) Worksheet

Homework is Completed By:

Writer Writer Name Amount Client Comments & Rating
Instant Homework Helper

ONLINE

Instant Homework Helper

$36

She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up!

Order & Get This Solution Within 3 Hours in $25/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 3 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 6 Hours in $20/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 6 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 12 Hours in $15/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 12 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

6 writers have sent their proposals to do this homework:

University Coursework Help
Helping Hand
Writer Writer Name Offer Chat
University Coursework Help

ONLINE

University Coursework Help

Hi dear, I am ready to do your homework in a reasonable price.

$62 Chat With Writer
Helping Hand

ONLINE

Helping Hand

I am an Academic writer with 10 years of experience. As an Academic writer, my aim is to generate unique content without Plagiarism as per the client’s requirements.

$60 Chat With Writer

Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.

Similar Homework Questions

My plates contact number - Thermal cycling study guidance - A nurse manager is reviewing the stages of conflict resolution - History of Art through the Middle Ages - Fire riser room requirements - Elizabeth peabody theory on early childhood education - J3 - Characterisation in the giver - Discussion Emerging threats - Personal helpers and mentors - Las playas de isla del sol son muy limpias. cierto falso - Mkt 421 week 3 - Sheriff joe arpaio wiki - Concrete noun and abstract noun examples - Daedalus is responsible for his son's death - Plastic Seed Trays - St andrews recycling center - Default router password list - Bose companion 3 repair - If capital markets are efficient then - Metropolitan dairy - Michael jackson o fortuna - Plain Language Writers ONLY - Rutgers class registration schedule - Current issues in accounting - The figure shows a shaft mounted in bearings - Serum111 - Tuesdays with morrie subtitle - Sociology - Nun - Self reflection essay - Dual output buck boost converter - They say i say chapter 14 pdf - University of warwick rootes - Discussion - Need a detailed answer with no plagiarism involved. - Jessem rout r lift - Geze ts 3000 b - Coca cola case study file type ppt - Seven brides for seven brothers musical character descriptions - Iso 9001 risk matrix - Discussion: Trends in Management Accounting - Global Perspectives on Crime - Journal Response 3 - Combined assurance plan template - Mobile computing and its business implications articles - Corporate finance case studies and solutions - GHF A.2 - Development project proposal sample - Project Mgmt Process - Reflection, Discussion and Assignment - Calculate the consumption ratios for the four drivers - Energy content of marshmallow - L5r cards for sale - Ashworth college refer a friend - Which of the following statement is true about variable expenses - Bradford assay standard curve excel - Method of superposition circuits - Aboriginal charter of rights poem - Bsbcmm401 make a presentation assessment answers - 300 words - Is the word is a preposition - The precious pearl nick butterworth powerpoint - Silica gel packets officeworks - Cover letter for coles supermarket - Chapter 13 lab investigation healthful snacks answer key - Www.transport.gov.au wa.gov.au / dvs - Tort law - College of nursing university of saskatchewan - Elliptic curve cryptography tutorial - Safely share secure data - Fica spiritual assessment tool - BW Texas Gov't Unit 4 Final Thought Discussion - Computation - Walter taylor bridge closure - Il postino movie review - Why was moshe the beadle important to elie wiesel - Comprehensive soap note example nurse practitioner - How to write a tok essay - Humanistic and existential personality theories worksheet answers - Economics 2 - 5 steps of change management wgu - Life of pi summary - John foster hall reception - Who makes rainwater mix with dirt math homework answers - Https www mindtools com pages article leadership style quiz htm - Master mason penal sign - Models for writers 12th edition answers - 4400 ml in pints - Fatigue failure beach marks - Jeannette walls real family pictures - Jeff nippard intermediate program pdf - I am david chapter 1 - They take our jobs aviva chomsky summary - +91-8306951337 kala jadu specialist astrologer IN Rajahmundry - 100 information literacy success 4th edition - Art labeling activity the structure of the epidermis - Tj 150 turbojet engine - Does chuck die maze runner - Reasoning that sounds plausible but is flawed - Entropy change in isobaric process