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

Importance of play dough - Labor Relations - Studypool customer service phone number - 2.57 pounds to kg - Gravity car physics project - Deans gym murrysville pa - What is knowledge application - Hillman lamp cord switch - Fe2o3 c balanced equation - Mardi gras made in china summary - Honeywell xc70 battery change - Webi reports best practices - Mobile phone should not be banned in school - Fbc h005 blood test - Boeing virtual fence project management - Maximize z 3x1 2x2 subject to the constraints - DISSERTATION PROJECT - Clipsal light switch installation instructions - Zappos case study questions and answers - Is muslim a proper noun - In which part of the chloroplast does each stage occur - What is the missing number in the sequence - Sum of harmonic series program in java - Nursing Leadership #3 - Glifeeis.grantham.edu - Bsbfim601 manage finances assessment 3 - What is the capella capstone project - Aisling irish community center - Building blocks of emotional intelligence - Where do sheldon and leonard live in pasadena - West durham amalgamation pigeons - Efficient financial markets fluctuate continuously because - Circuit analysis lab report - How to cite website - 15 hours.... due 2 pages doubled space. - Early pregnancy unit homerton - Math concepts - Urinalysis and body fluids a color text and atlas - Home Syllabus Announcements Modules Discussions Assignments Grades Entrepreneurial Behaviors Self-assessment - The enrique camarena case a forensic nightmare questions and answers - Alpha cell deep cycle battery - Northfield retirement center jobs - Write an essay:The Rhythm of the Rhythm - Nissan cause and effect diagram - Amdahl corporation manufactures large scale high performance computer systems - DSRT736 – Dissertation Seminar chapter 2(Review of Literature.), You will start by developing an outline of the Chapter 2 following the guidelines in the Dissertation Handbook for Chapter 2 - Pharmacy needle and syringe program - How many elements of music are there - Carbon steel phase diagram - Dissertation - Masters by research utas - The functional areas of a business are - Misplacing the burden of proof - Barron knights bohemian rhapsody - Freezing point of stearic acid - World laparoscopy hospital training - You have $10000 to invest in a stock portfolio - I had seen castles sparknotes - Please answer questions (total one and half page, About 150 words for each question) - Oracle 12c sql chapter 1 hands on assignments answers - Mystery powder lab answer key - Case study on leadership styles in nursing - Standardized vocabulary is needed to - Pestle and swot ananlysis - Daikin ua fault code - Explain using examples the impact of individual perception on morale - What planet is orange colored dot - Mise en scene examples - Woodlands quaker care home - Topic for PowerPoint Presentation4 - Finite element analysis questions and answers pdf - HCA Final 20 questions - My life in you arnold zamora pdf - Information Governance - The real story behind apple's famous 1984 super bowl ad - Paper - Tjx corporate social responsibility - When assigning hcpcs level ii codes - Real life applications of galvanic cells - The raw materials inventory account is a subsidiary account - Revenue recognition on the sale of virtual goods - Your college experience strategies for success chapter summaries - SWOT analysis needed. - Types of strategies ppt - Geographic distribution of power - Game theory khan academy - In plato's republic what service does glaukon do for socrates - Statement of Purpose - Gsi 26 ice maker troubleshooting - St josephs ps lisburn - Ncia wwnorton - Julie pett dog training - Gravimetric determination of water in hydrated barium chloride - Use of Recycled and Waste Materials in Pavement - Ifsm 300 stage 1 - Clifton mccree - Water in the lake behind hoover dam is - Legal forms/benefits/libilities/structure - Teenage dirtbag patty walters - Atticus said the bravest person he ever knew was