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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
The unadjusted and adjusted trial balances for Tomahawk Services Co. on July 31, 2008, are shown below.
|
Tomahawk Services Co. Trial Balance July 31, 2008 |
||||
|
 |
Unadjusted |
Adjusted |
||
| Â |
Debit |
Credit |
Debit |
Credit |
| Â |
Balances |
Balances |
Balances |
Balances |
|
Cash |
48 |
 |
48 |
 |
|
Accounts Receivable |
114 |
 |
126 |
 |
|
Supplies |
36 |
 |
27 |
 |
|
Prepaid Insurance |
60 |
 |
36 |
 |
|
Land |
78 |
 |
78 |
 |
|
Equipment |
120 |
 |
120 |
 |
|
Accumulated Depreciation —Equipment |
 |
24 |
 |
39 |
|
Accounts Payable |
 |
78 |
 |
78 |
|
Wages Payable |
 |
0 |
 |
3 |
|
Cleo Dexter, Capital |
 |
276 |
 |
276 |
|
Cleo Dexter, Drawing |
24 |
 |
24 |
 |
|
Fees Earned |
 |
222 |
 |
234 |
|
Wages Expense |
72 |
 |
75 |
 |
|
Rent Expense |
24 |
 |
24 |
 |
|
Insurance Expense |
0 |
 |
24 |
 |
|
Utilities Expense |
12 |
 |
12 |
 |
|
Depreciation Expense |
0 |
 |
15 |
 |
|
Supplies Expense |
0 |
 |
9 |
 |
|
Miscellaneous Expense |
12 |
 |
12 |
 |
| Â |
600 |
600 |
630 |
630 |
Journalize the five entries that adjusted the accounts at July 31, 2008. None of the accounts were affected by more than one adjusting entry.
Hel-----------lo -----------Sir-----------/Ma-----------dam----------- Â----------- -----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------acq-----------uis-----------iti-----------on -----------of -----------my -----------sol-----------uti-----------on.-----------Ple-----------ase----------- pi-----------ng -----------me -----------on -----------cha-----------t I----------- am----------- on-----------lin-----------e o-----------r i-----------nbo-----------x m-----------e a----------- me-----------ssa-----------ge -----------I w-----------ill----------- be----------- ca-----------tch-----------