Insert Draw Page Layout Formulas Data Review View Help OTeu me wh File Home 3D M
ID: 2542588 • Letter: I
Question
Insert Draw Page Layout Formulas Data Review View Help OTeu me wh File Home 3D Models . SmartArt Screenshot- Online Pictures Store Big Maps BShapes . ivotTable Recommended Table Pictures .People Graph Reco My Add-ins PivotTables Icons a· Tables Illustrations Add-ins 113 CASH Date Description Debit Credit Balance Jan. 1 Jan. 1 Jan. 1 6 Jan. 1 Balance forward To record issue of stock 2,000,000 12,000,000 500,000 11,500,000 (60,000) 11,440,000 (25,000) 11,415,000 (12,000) 11,403,000 11,478,000 (30,000) 11,448,000 (5,000) 11,433,000 (13,000) 11,430,000 (150,000) 11,235,000 11,335,000 Purchased equipment tor cash Purchase@ TH3üränse coverage for the nevt A veare Paid Salaries Paid vendor who sold Wild Mar. 15 Eohleceted Cash on accounts 9 Apr. 30 10 June 15 11 Apr. 30 75,000 rariavable Paid Salaries Paid for hotel costs Paid for transportation costs Paid intrest aue plus casn to 12 June 30 June 30 14 Aug 1 s Sept. 15 Paid Salaries 6 Sept. 30 Paid for transportation costs 17 Sept. 30 Paid for hotel costs 18 Dec. 1 Caleceted Casr on ated tabRBR"Socounts | 110,000 rariavable (30,000) 11,315,000 (14,000) 11,301,000 (23,000) 11,278,000 Collected cash as deposits tor1 195,000 11,473,000 n1a dividende to stork holdere (36,000) 11,427,000 20 21 Accounting Cycle Problem General Journal General Ledger Unadj Trial Balance Adjusting ype here to searchExplanation / Answer
Please find below unadjusted trial balance.
Please note there is total error in cash account.
Debit Credit Cash $ 11,437,000 Accounts Receivable $ 255,000 Office Supplies $ 24,000 Prepaid Insurance $ 60,000 Equipment $ 2,000,000 Accounts payable $ 12,000 Unearned revenue $ 195,000 Notes payable $ 1,350,000 Capital Stock $ 12,000,000 Dividends $ 36,000 Service Revenue $ 440,000 Salaries Expenses $ 85,000 Transportation Expenses $ 27,000 Hotel Expenses $ 28,000 Interest expenses $ 45,000 $ 13,997,000 $ 13,997,000