Answer To: Are you able to assist with the following assignments?
Robert answered on Dec 29 2021
E4-1
BRISCOE COMPANY
Work Sheet
For the Month Ended June 30, 2008
Balance Sheet
Unadjusted
Adjusted
Income
& Statement
Trial Balance
Adjustments
Trial Balance
Statement
of Owner's Equity
Account
Debit
Credit
Debit
Credit
Debit
Credit
Debit
Credit
Debit
Credit
Cash
2,320
2,320
2,320
Accounts Receivable
2,440
2,440
2,440
Supplies
1,880
1,580
300
300
Accounts Payable
1,120
1,120
1,120
Unearned Revenue
240
140
100
100
Common Stock
3,600
3,600
3,600
Service Revenue
2,400
140
2,540
2,540
Salaries Expense
560
280
840
840
Misc. Expense
160
160
160
Totals
7,360
7,360
Supplies Expense
1,580
1,580
1,580
Salaries Payable
280
280
280
Totals
2,000
2,000
7,640
7,640
2,580
2,540
5,060
5,100
Net Loss
40
40
Totals
2,580
2,580
5,100
5,100
E4-7
(a)
Service Revenue
4,064
Income Summary
4,064
(To close revenue.)
Income Summary
3,828
Salaries Expense
1,344
Miscellaneous Expense
256
Supplies Expense
2,228
(To close expenses.)
Income Summary
236
Retained Earnings
236
(To close net income to retained earnings.)
Retained Earnings
300
Dividends
300
(To close dividends to capital.)
(b)
EMIL SKODA COMPANY
Post-Closing Trial Balance
June 30, 2011
Account Titles
Debit
Credit
Cash
R$3,712
Accounts Receivable
3,904
Supplies
480
Accounts Payable
R$1,792
Salaries Payable
448
Unearned Revenue
160
Common stock
5,000
Retained Earnings (R$760 + R$236 – R$300)
696
R$8,096
R$8,096
E4-11
(a)
Service Revenue
15,100
Income Summary
15,100
(To close revenue.)
Income Summary
13,100
Salaries Expense
8,800
Supplies Expense
1,300
Rent Expense
3,000
(To close expenses.)
Income Summary
2,000
Retained Earnings
2,000
(To close net income to retained earnings.)
Retained Earnings
2,500
Dividends
2,500
(To close dividends to capital.)
(b)
Income Summary
June 30
13,100
June 30
15,100
June 30
2,000
15,100
15,100
E4-12
(a)
1.
Cash
600
Equipment
600
Salaries Expense
600
Cash
600
2.
Service Revenue
100
Cash
100
Cash
1,000
Accounts Receivable
1,000
3.
Accounts Payable
890
Equipment
890
Equipment
980
Accounts Payable
980
(b)
1.
Salaries Expense
600
Equipment
600
2.
Service Revenue
100
Cash
900
Accounts Receivable
1,000
3.
Equipment
90
Accounts Payable
90
P4-4A
(a)
DISNEY AMUSEMENT PARK, INC
Worksheet
For the Year Ended September 30, 2008
Account Titles
Trial Balance
Adjustments
Adjusted
Trial Balance
Income
Statement
Statement of Financial Position
Dr.
Cr.
Dr.
Cr.
Dr.
Cr.
Dr.
Cr.
Dr.
Cr.
Cash
Supplies
Prepaid Insurance
Land
Equipment
Accumulated Depreciation
Accounts Payable
Unearned Admissions Revenue
Mortgage Note Payable
Share Capital—Ordinary
Retained Earnings
Dividends
Admissions Revenue
Salaries Expense
Repair Expense
Advertising Expense
Utilities Expense
Property Taxes Expense
Interest Expense
Totals
Insurance Expense
Supplies Expense
Interest Payable
Depreciation Expense
Property Taxes Payable
Totals
Net Income
Totals
41,400
18,600
31,900
80,000
120,000
14,000
105,000
30,500
9,400
16,900
18,000
6,000
491,700
36,200
14,600
3,700
50,000
100,000
9,700
277,500
491,700
(d)
1,700
(e)
3,000
(f)
4,000
(b)
23,000
(a)
17,400
(c)
6,000
55,100
(a)
17,400
(b)
23,000
(c)
6,000
(d)
1,700
(f)
4,000
(e)
3,000
55,100
41,400
1,200
8,900
80,000
120,000
14,000
105,000
30,500
9,400
16,900
21,000
10,000
23,000
17,400
6,000
504,700
42,200
14,600
2,000
50,000
100,000
9,700
279,200
4,000
3,000
504,700
105,000
30,500
9,400
16,900
21,000
10,000
23,000
17,400
6,000
239,200
40,000
279,200
279,200
279,200
279,200
41,400
1,200
8,900
80,000
120,000
14,000
265,500
265,500
42,200
14,600
2,000
50,000
100,000
9,700
4,000
3,000
225,500
40,000
265,500
DISNEY AMUSEMENT PARK, INC.
Balance Sheet
September 30, 2008
Assets
Current assets
Prepaid insurance
8,900
Supplies
1,200
Cash
41,400
51,500
Property, plant, and equipment
Land
R$ 80,000
Equipment
R$120,000
Less: Accum. depreciation
42,200
77,800
R$157,800
Total...