E Adbeede ch Prepare adjusting entries from analysis of trial balances. (LO 5, 6, 7) E3-13 The trial balances before and after adjustment for Matusiak Company OAO at the end of its fiscal year are...


E<br>Adbeede ch<br>Prepare adjusting entries<br>from analysis of trial<br>balances.<br>(LO 5, 6, 7)<br>E3-13 The trial balances before and after adjustment for Matusiak Company OAO at the<br>end of its fiscal year are presented below.<br>MATUSIAK COMPANY OAO<br>Trial Balance<br>August 31, 2017<br>Before<br>After<br>Adjustment<br>Cr.<br>Adjustment<br>Dr.<br>Dr.<br>.<br>Cr.<br>.<br>Cash<br>Accounts Receivable<br>€ 10,400<br>€10,400<br>8,800<br>2,300<br>4,000<br>14,000<br>10,000<br>700<br>Supplies<br>Prepaid Insurance<br>Equipment<br>Accumulated Depreciation-Equipment<br>Accounts Payable<br>Salaries and Wages Payable<br>Uneamed Rent Revenue<br>Share Capital-Ordinary<br>Retained Earnings<br>Service Revenue<br>Rent Revenue<br>Salaries and Wages Expense<br>Supplies Expense<br>Rent Expense<br>Insurance Expense<br>Denreciation Exoens<br>2,500<br>14,000<br>€ 3,600<br>5,800<br>-0-<br>€ 4,900<br>5,800<br>1,100<br>1,500<br>12,000<br>3,600<br>34,000<br>11,000<br>800<br>12,000<br>3,600<br>35,200<br>11,700<br>17,000<br>-0-<br>18,100<br>1,600<br>15,000<br>1,500<br>Windows bu<br>15,000<br>Windows ala J<br>-0-<br>1300<br>ENG ADA<br>

Extracted text: E Adbeede ch Prepare adjusting entries from analysis of trial balances. (LO 5, 6, 7) E3-13 The trial balances before and after adjustment for Matusiak Company OAO at the end of its fiscal year are presented below. MATUSIAK COMPANY OAO Trial Balance August 31, 2017 Before After Adjustment Cr. Adjustment Dr. Dr. . Cr. . Cash Accounts Receivable € 10,400 €10,400 8,800 2,300 4,000 14,000 10,000 700 Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries and Wages Payable Uneamed Rent Revenue Share Capital-Ordinary Retained Earnings Service Revenue Rent Revenue Salaries and Wages Expense Supplies Expense Rent Expense Insurance Expense Denreciation Exoens 2,500 14,000 € 3,600 5,800 -0- € 4,900 5,800 1,100 1,500 12,000 3,600 34,000 11,000 800 12,000 3,600 35,200 11,700 17,000 -0- 18,100 1,600 15,000 1,500 Windows bu 15,000 Windows ala J -0- 1300 ENG ADA
I<br>Adebe Reade Tech<br>uppne<br>nddno<br>Prepaid Insurance<br>Equipment<br>Accumulated Depreciation-Equipment<br>Accounts Payable<br>Salaries and Wages Payable<br>Unearned Rent Revenue<br>4,000<br>14,000<br>2,500<br>14,000<br>€ 3,600<br>5,800<br>-0-<br>€ 4,900<br>5,800<br>1.100<br>1,500<br>12,000<br>3,600<br>34,000<br>11,000<br>800<br>Share Capital-Ordinary<br>Retained Earnings<br>Service Revenue<br>Rent Revenue<br>Salaries and Wages Expense<br>Supplies Expense<br>Rent Expense<br>Insurance Expense<br>Depreciation Expense<br>12,000<br>3,600<br>35,200<br>11,700<br>17,000<br>-0-<br>18,100<br>1,600<br>15,000<br>1 500<br>15,000<br>-0-<br>1,500<br>1,300<br>-0-<br>€71,500 €71,500 €75,100<br>€75,100<br>Instructions<br>Prepare the adjusting entries that were made.<br>E3-14 The adjusted trial balance for Matusiak Company OAO is given in E3-13.<br>Prepare financial statements<br>from adjusted trial balance.<br>(LO 7)<br>Instructions<br>Prepare the income and retained eamings statements for the year and the statement of<br>financial position at August 31.<br>Windows<br>Windows la J<br>ENG 4DA<br>

Extracted text: I Adebe Reade Tech uppne nddno Prepaid Insurance Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries and Wages Payable Unearned Rent Revenue 4,000 14,000 2,500 14,000 € 3,600 5,800 -0- € 4,900 5,800 1.100 1,500 12,000 3,600 34,000 11,000 800 Share Capital-Ordinary Retained Earnings Service Revenue Rent Revenue Salaries and Wages Expense Supplies Expense Rent Expense Insurance Expense Depreciation Expense 12,000 3,600 35,200 11,700 17,000 -0- 18,100 1,600 15,000 1 500 15,000 -0- 1,500 1,300 -0- €71,500 €71,500 €75,100 €75,100 Instructions Prepare the adjusting entries that were made. E3-14 The adjusted trial balance for Matusiak Company OAO is given in E3-13. Prepare financial statements from adjusted trial balance. (LO 7) Instructions Prepare the income and retained eamings statements for the year and the statement of financial position at August 31. Windows Windows la J ENG 4DA
Jun 11, 2022
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