BEAUTY DELIVERY SERVICES Unadjusted Trial Balance December 31, 2019 Cash 126,800 28,200 Accounts Receivable Supplies 17,800 Prepaid Insurance 38,000 Land 960,000 1,640,000 Buildings Accum....


BEAUTY DELIVERY SERVICES<br>Unadjusted Trial Balance<br>December 31, 2019<br>Cash<br>126,800<br>28,200<br>Accounts Receivable<br>Supplies<br>17,800<br>Prepaid Insurance<br>38,000<br>Land<br>960,000<br>1,640,000<br>Buildings<br>Accum. Depreciation- buildings<br>379,200<br>Equipment<br>1,060,000<br>Accum. Depreciation - equipment<br>336,000<br>Accounts Payable<br>Unearned Delivery Fees<br>Mortgage Payable<br>43,200<br>42,000<br>1,160,000<br>Beauty, Capital<br>Delivery Fees Earned<br>Salary Expense<br>1,432,600<br>669,200<br>173,400<br>Telephone Expense<br>Utilities Expense<br>Repairs Expense<br>2,400<br>7,000<br>8,600<br>Total<br>4,062,200<br>4,062,200<br>Adjustments:<br>a. Supplies used PS,400<br>b. Expired insurance, P12,000<br>c. Depreciation on building, P10,000<br>d. Depreciation on equipment, P18,000<br>e. Unearned delivery fees earned this month, P26,000<br>1. Salaries earned but not yet paid, P3,600<br>E. Interest on the mortgage, P4,200<br>h. Delivery fees earned but not recorded and not received, P10,000<br>

Extracted text: BEAUTY DELIVERY SERVICES Unadjusted Trial Balance December 31, 2019 Cash 126,800 28,200 Accounts Receivable Supplies 17,800 Prepaid Insurance 38,000 Land 960,000 1,640,000 Buildings Accum. Depreciation- buildings 379,200 Equipment 1,060,000 Accum. Depreciation - equipment 336,000 Accounts Payable Unearned Delivery Fees Mortgage Payable 43,200 42,000 1,160,000 Beauty, Capital Delivery Fees Earned Salary Expense 1,432,600 669,200 173,400 Telephone Expense Utilities Expense Repairs Expense 2,400 7,000 8,600 Total 4,062,200 4,062,200 Adjustments: a. Supplies used PS,400 b. Expired insurance, P12,000 c. Depreciation on building, P10,000 d. Depreciation on equipment, P18,000 e. Unearned delivery fees earned this month, P26,000 1. Salaries earned but not yet paid, P3,600 E. Interest on the mortgage, P4,200 h. Delivery fees earned but not recorded and not received, P10,000
Using the Beauty Delivery Services worksheet that you prepared in your combined written works and<br>performance task #1, prepare the following:<br>1. Income Statement<br>2. Statement of Changes in Equity<br>3. Statement of Financial Position (Balance Sheet)<br>4. Closing Entries<br>

Extracted text: Using the Beauty Delivery Services worksheet that you prepared in your combined written works and performance task #1, prepare the following: 1. Income Statement 2. Statement of Changes in Equity 3. Statement of Financial Position (Balance Sheet) 4. Closing Entries

Jun 10, 2022
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