HauserWesley9-21-22

.xlsx
School
Franklin & Marshall College **We aren't endorsed by this school
Course
BOS 224
Subject
Accounting
Date
Oct 18, 2023
Pages
4
Uploaded by BailiffRaccoon414 on coursehero.com
P4-10A Adjusting Entries Debit Credit Insurance Expense (+E,-SE) 1800 Prepaid Insurance (-A) 1800 Accumulated Depreciation (furn + fixtures) (+E, -SE) 2200 Furniture + Fixtures (-A) 2200 Accumulated Depreciation (delivery equip) (+E, -SE) 11000 Delivery Equipment (-A) 11000 Sales Saleries Expense (+E, -SE) 1900 Saleries Payable (-L) 1900 Office Saleries Expense (+E, -SE) 1200 Saleries Payable (-L) 1200 Supplies Expense (+E, -SE) 2800 Office Supplies (-A) 2800 Operating Expenses Selling Cost of Goods Sold 394000 Delivery Expense 10800 Advertising Expense 5600 General Insurance Expense 1800 Rent Expense 9400 Income tax expense 9000 Utilities Expense 4800 Administrative Office Salaries Expense 57200 Sales Salaries Expense 78900 Total 571500 P4-1A Assets Current Assets Accounts Receivable 120000 Cash 15200 Inventory 114000 Prepaid Insurance 4000 Long Term Assets Delivery Equipment 90000 Supplies 6400
Liabilities Current Liabilities Accounts Payable 80000 Long Term Liabilities ? Stockholder's Equity Common Stock 130000 Retained Earnings 139600 Does accumulated depreciation go into this??
Total Assets 349600
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Uploaded by BailiffRaccoon414 on coursehero.com