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

The balance in the supplies account before adjustment

25/11/2021 Client: muhammad11 Deadline: 2 Day

The supplies account had a beginning balance of $1,975 and was debited for $4,125 for supplies purchased during the year. Journalize the adjusting entry required at the end of the year, assuming the amount of supplies on hand is $1,850.

PE 3-3B Adjustment for prepaid expense
The prepaid insurance account had a beginning balance of $9,600 and was debited for $12,900 of premiums paid during the year. Journalize the adjusting entry required at the end of the year, assuming the amount of unexpired insurance related to future periods is $7,360.

PE 3-4A Adjustment for unearned revenue
The balance in the unearned fees account, before adjustment at the end of the year, is $78,500. Journalize the adjusting entry required, assuming the amount of unearned fees at the end of the year is $33,675.

PE 3-4B Adjustment for unearned revenue
On June 1, 2014, Herbal Co. received $18,900 for the rent of land for 12 months. Journalize the adjusting entry required for unearned rent on December 31, 2014.

PE 3-5A Adjustment for accrued revenues
At the end of the current year, $12,840 of fees have been earned but have not been billed to clients. Journalize the adjusting entry to record the accrued fees.

PE 3-5B Adjustment for accrued revenues
At the end of the current year, $17,555 of fees have been earned but have not been billed to clients. Journalize the adjusting entry to record the accrued fees.

PE 3-6A Adjustment for accrued expense
Connect Realty Co. pays weekly salaries of $16,250 on Friday for a five-day workweek ending on that day. Journalize the necessary adjusting entry at the end of the accounting period, assuming that the period ends on Wednesday.

PE 3-6B Adjustment for accrued expense
Prospect Realty Co. pays weekly salaries of $27,600 on Monday for a six-day workweek ending the preceding Saturday. Journalize the necessary adjusting entry at the end of the accounting period, assuming that the period ends on Friday.

PE 3-7A Adjustment for depreciation
The estimated amount of depreciation on equipment for the current year is $9,100. Journalize the adjusting entry to record the depreciation.

PE 3-7B Adjustment for depreciation
The estimated amount of depreciation on equipment for the current year is $7,700. Journalize the adjusting entry to record the depreciation.

GROUP 2 Problems (4 points each, total available 34 points)

EX 3-3 Adjusting entry for supplies
The balance in the supplies account, before adjustment at the end of the year, is $2,389. Journalize the adjusting entry required if the amount of supplies on hand at the end of the year is $830.

EX 3-6 Adjusting entries for prepaid insurance
The balance in the prepaid insurance account, before adjustment at the end of the year, is $21,700. Journalize the adjusting entry required under each of the following alternatives for determining the amount of the adjustment: (a) the amount of insurance expired during the year is $16,450; (b) the amount of unexpired insurance applicable to future periods is $5,250.

EX 3-8 Adjusting entries for unearned fees
The balance in the unearned fees account, before adjustment at the end of the year, is $37,500. Journalize the adjusting entry required if the amount of unearned fees at the end of the year is $12,300.

EX 3-10 Adjusting entry for accrued fees
At the end of the current year, $8,450 of fees have been earned but have not been billed to clients.
a. Journalize the adjusting entry to record the accrued fees.
b. If the cash basis rather than the accrual basis had been used, would an adjusting entry have been necessary? Explain.

EX 3-13 Adjusting entries for accrued salaries ✓ a. Amount of entry: $7,050
Ocular Realty Co. pays weekly salaries of $11,750 on Friday for a five-day workweek ending on that day. Journalize the necessary adjusting entry at the end of the accounting period, assuming that the period ends (a) on Wednesday and (b) on Thursday.

EX 3-18 Adjustment for depreciation
The estimated amount of depreciation on equipment for the current year is $6,760. Journalize the adjusting entry to record the depreciation.

PR 3-1A Adjusting entries (5 points)

On July 31, 2014, the following data were accumulated to assist the accountant in preparing the adjusting entries for Atrium Realty:

a. The supplies account balance on July 31 is $6,880. The supplies on hand on July 31 are $2,200.
b. The unearned rent account balance on July 31 is $9,200, representing the receipt of an advance payment on July 1 of four months’ rent from tenants.
c. Wages accrued but not paid at July 31 are $1,850.
d. Fees accrued but unbilled at July 31 are $11,700.
e. Depreciation of office equipment is $3,500.Journalize the adjusting entries required at May 31, 2014.

PR 3-1B Adjusting entries (5 points)

On May 31, 2014, the following data were accumulated to assist the accountant in preparing the adjusting entries for Oceanside Realty:

a. Fees accrued but unbilled at May 31 are $19,750.
b. The supplies account balance on May 31 is $12,300. The supplies on hand at May 31 are $4,150.
c. Wages accrued but not paid at May 31 are $2,700.
d. The unearned rent account balance at May 31 is $9,000, representing the receipt of an advance payment on May 1 of three months’ rent from tenants.
e. Depreciation of office equipment is $3,200

Journalize the adjusting entries required at May 31, 2014.

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:

Math Guru
Assignment Helper
Helping Engineer
Maths Master
Finance Homework Help
Academic Mentor
Writer Writer Name Offer Chat
Math Guru

ONLINE

Math Guru

I have read your project details and I can provide you QUALITY WORK within your given timeline and budget.

$36 Chat With Writer
Assignment Helper

ONLINE

Assignment Helper

I can assist you in plagiarism free writing as I have already done several related projects of writing. I have a master qualification with 5 years’ experience in; Essay Writing, Case Study Writing, Report Writing.

$27 Chat With Writer
Helping Engineer

ONLINE

Helping Engineer

I have written research reports, assignments, thesis, research proposals, and dissertations for different level students and on different subjects.

$37 Chat With Writer
Maths Master

ONLINE

Maths Master

Being a Ph.D. in the Business field, I have been doing academic writing for the past 7 years and have a good command over writing research papers, essay, dissertations and all kinds of academic writing and proofreading.

$46 Chat With Writer
Finance Homework Help

ONLINE

Finance Homework Help

I am an elite class writer with more than 6 years of experience as an academic writer. I will provide you the 100 percent original and plagiarism-free content.

$44 Chat With Writer
Academic Mentor

ONLINE

Academic Mentor

I have written research reports, assignments, thesis, research proposals, and dissertations for different level students and on different subjects.

$36 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

I am not your perfect mexican daughter chapter 6 summary - Probiolite golden after 50 - Case Studies - Risk Management - Mgmt 3 - Ford pinto case study summary - Fitness fanatics is a regional chain of health - The best bottle rocket designs - Marketing teacher swot analysis - Difference between deadlock and starvation in os - How to calculate relative uncertainty - Ib physics higher level pat roby - Adios mama short film english translation - Why did people after world war ii believe that conservatism was “a relic of a discredited past”? - CPSC 355 Assignment 3 - Burger 2009 replicating milgram - The final step in the screening process will generally include - An external website permitting users to browse and purchase widgets - Grappenhall walled garden cafe - Career development plan - What substance in msa confers selectivity? why? - How you put people together affects? - Sam cengage login aspx - Naturalistic observation entails - CPO2100 - A class divided summary essay - Starbucks loyalty reigns case study - How astable multivibrator works - Patricia benner nursing theory application - 19.3 adjective clauses practice 1 answers - You are going to be assessed for: Your skills and knowledge using written and observation activities that apply to the workplace. Your ability to apply your learning. - Human Development class discussion - Aa sayings and slogans - CIVIL DISCOURSE - Importance of ERM usage in organizations. - Roband bain marie spare parts - The difference between total sales in dollars and total variable expenses is called: - Legal environment - Code of fair testing practices in nursing education - Enter a function that will display the average retail price - The life of gluckel of hameln - Graded assignment lab report levers and pulleys - Awc ashford edu writing tools thesis generator html - Aboulela the museum - 19 underdale road shrewsbury - Peer comm 1 - 1 liter graduated cylinder - Refugee and special humanitarian proposal form 842 - What is work in process inventory generally described as - Coarse focus microscope function - What is the atomic radius of helium - Mercury mahadasha jupiter antardasha - Site to site vpn visio diagram - Project Management - Which histogram depicts a higher standard deviation - Hp board of directors problems - Assignment: Assessing a Healthcare Program/Policy Evaluation - Grainger business model and strategy for growth - Sonny blues james baldwin short story full text - Telecom churn case study upgrad - Pestilent park rage 2 storage containers - The acts interpretation act 1901 - Module 6 Discussion - Reflection 3 - Case study on hr issues with solution - Cgh medical records office - Nursing Leadership DB#4 - The two fridas materials and techniques - After a hurricane comes a rainbow meaning - Criminological theory - 2.2 3 quiz understand journalism as persuasion - Ge reveal bulbs banned - Highlight construction company income statement - Choosing kitchen appliances chapter 9 study sheet - Www pbs org race 002_sortingpeople 002_00 home htm - Aristotle view on capital punishment - Percent error formula copy and paste - Kingston maurward college accommodation - Types of family goals and standard - Nz post code finder - Psychological egoism in a corporation - Td o connell wichita ks - Conditional sentences and wishes - Bargaining power of buyers in healthcare industry - Pulley lab answer key - 4ps of innovation space model - Ford ethical issues - 510 board discussion - 9 turtle point cove jandakot - Lección 6 contextos - Curtin education building 501 - Properties of triangles ks3 - Radical 2 times radical 2 - Macquarie mint 10 coin - Psychological testing and assessment aiken pdf - How many countries did helen keller visit - 1/328 reserve road cheltenham - Calculate crash cost per day - Tiki girl orthotic thongs stockists - The i am statements of christ