subject
Business, 01.03.2021 19:00 Phalanndwachris8740

Adjusting Entries from Trial Balances The accountant for Eva’s Laundry prepared the following unadjusted and adjusted trial balances. Assume that all balances in the unadjusted trial balance and the amounts of the adjustments are correct. Eva's Laundry Trial Balance May 31, 20Y3 Unadjusted Adjusted Debit Balances Credit Balances Debit Balances Credit Balances Cash 8,740 8,740 Accounts Receivable 21,200 25,440 Laundry Supplies 4,240 6,230 Prepaid Insurance* 6,040 1,630 Laundry Equipment 220,160 213,170 Accumulated Depreciation—Laundry Equipment 55,900 55,900 Accounts Payable 11,180 11,180 Wages Payable 1,400 Eva Baldwin, Capital 128,500 128,500 Eva Baldwin, Drawing 33,400 33,400 Laundry Revenue 210,640 210,640 Wages Expense 57,310 57,310 Rent Expense 29,810 29,810 Utilities Expense 21,590 21,590 Depreciation Expense 6,990 Laundry Supplies Expense 1,990 Insurance Expense 930 Miscellaneous Expense 3,730 3,730 406,220 406,220 410,960 407,620 *4,410 of insurance expired during the year. Identify the errors in the accountant’s adjusting entries, assuming that none of the accounts were affected by more than one adjusting entry. If an amount box does not require an entry, leave it blank.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 14:00
In the context of your career choice, your own business skills cannot influence the level of your personal financial success. a. true b. false
Answers: 2
question
Business, 21.06.2019 16:10
Braverman company has two manufacturing departments—finishing and fabrication. the predetermined overhead rates in finishing and fabrication are $18.00 per direct labor-hour and 110% of direct materials cost, respectively. the company’s direct labor wage rate is $16.00 per hour. the following information pertains to job 700: finishing fabrication direct materials $ 410 $ 60 direct labor $ 128 $ 48 required: 1. what is the total manufacturing cost assigned to job 700? 2. if job 700 consists of 15 units, what is the unit product cost for this job?
Answers: 1
question
Business, 21.06.2019 18:40
Alyssa works for an engineering firm that has been hired to design and supervise the construction of a highway bridge over a major river. the bridge will be a unique design, incorporating complex designs that will likely never be duplicated. how should alyssa deal with designing and overseeing the building of the bridge?
Answers: 3
question
Business, 22.06.2019 12:00
Need today! will get brainliest for right answer! compare and contrast absolute advantage and comparative advantage.
Answers: 1
You know the right answer?
Adjusting Entries from Trial Balances The accountant for Eva’s Laundry prepared the following unadju...
Questions
question
Mathematics, 12.02.2021 04:10
question
Mathematics, 12.02.2021 04:10
Questions on the website: 13722361