The following events occur in July 2014. The following events occur in July 2014. This chart of accounts should help you identify the appropriate accounts to record to as you are analyzing and journaling transactions for this workbook. Peyton Approved Trial Balance 2014 Unadjusted trial balance Account Debit Credit Cash 4789675 Baking Supplies 2050000 Merchandise Inventory 17565 Prepaid Rent 150000 Prepaid Insurance 120000 Baking Equipment 500000 Misc. Purchase 6500 in baking supplies from vendor on account. Adjusting entries Debit Credit Peyton Approved Trial Balance 2018 Unadjusted trial balance Debit Credit 3223675 1850000 17565 150000 240000 600000 1740000 40000 25000 55000 60000 770000 1000000 15000 500000 48000 1600000 Account Cash Baking Supplies Merchandise Inventory FIFO Prepaid Rent Prepaid Insurance Baking Equipment Accumulated Depreciation Office. Peyton approved trial balance 2018. Closing Entries and Post Closing Trial Balance. Trial Balance 2017. Your parents lend the company 10000 cash in.
Your parents lend the company 10000 cash in.
Complete the following in the July Journal Entries tab in your workbook be sure to look for the July. The following events occur in July 2014. Ending 9302018 Unadjusted Trial Balance Credit Account Debit Cash Baking Supplies Merchandise Inventory FIFO Prepaid Rent Prepaid Insurance Baking Equipment Accumulated Depreciation Office Supplies Accounts Receivable Accounts Payable Wa Interest Payable Common Stock Totals Unadjusted Trial. Peyton Approved Trial Balance 2018 Unadjusted Trial Balance Adjusting Entries Adjusted Trial Balance Account Debit Credit Debit Credit Debit Credit Cash 2832000 2832000 Baking Supplies 1850000 1850000 Merchandise Inventory FIFO 17545 17545 Prepaid Rent 150000 150000 Prepaid Insurance 240000 240000 Baking Equipment 600000. On 122317 Peyton received 1000 deposit from Pet Globe for product to be shipped by Peyton in the second week of January. The following events occur in July 2014.
On 12032017 a mixer with a cost of 2000 accumulated depreciation 1200 was destroyed by a forklift. The following events occur in July 2018. The following events occur in July 2014. Trial Balance 2017. PEYTON APPROVED TRIAL BALANCE As of Dec 31 2017 Adjusting entries Dr Unadjusted TB Dr 6752004 6851991 70000 1550670 123807 -20000 20000 211455 211455 17049 1400000 -200000 160644 -120000 100000 -100000 Cash Accounts Receivable Other receivable - Insurance Baking Supplies Merchandise Inventory Consignment Inventory Prepaid rent Prepaid Insurance Misc. As of 122317 insurance company has agreed to pay 700 in January 2018 for accidental destruction. On 122317 Peyton received 1000 deposit from Pet Globe for product to be shipped by Peyton in the second week of January. You take 10000 from your personal savings account and buy common stock in Peyton Approved. Purchase 6500 in baking supplies from vendor on account. The following events occur in July 2014.
Peyton approved trial balance 2018. Complete the following in the July Journal Entries tab in your workbook be sure to look for the July. Journal Entries tab at the bottom of the Peyton Approved Student Workbook. Supplies 60000 Accounts Receivable 1030000 Notes Payable 1000000 Accounts Payable 700000 Wages Payable 48000 Common Stock. Asset Accounts Liability Accounts Equity Accounts. Your parents lend the company 10000 cash in. Peyton Approved. July 1 You take 15000 from your personal savings account and buy common stock in Peyton. July 1 You take 15000 from your personal savings account and buy common stock in Peyton. The following events occur in July 2014.
If playback doesnt begin. Closing Entries and Post Closing Trial Balance. Your parents lend the company 10000 cash in. On 122317 Peyton received 1000 deposit from Pet Globe for product to be shipped by Peyton in the second week of January. Journal Entries tab at the bottom of the Peyton Approved Student Workbook. Baking Supplies 102 Accounts Payable 202 Dividends 302. Peyton Approved Post Closing Trial Balance Qtr. Ending 9302018 Unadjusted Trial Balance Credit Account Debit Cash Baking Supplies Merchandise Inventory FIFO Prepaid Rent Prepaid Insurance Baking Equipment Accumulated Depreciation Office Supplies Accounts Receivable Accounts Payable Wa Interest Payable Common Stock Totals Unadjusted Trial. Purchase 6500 in baking supplies from vendor on account. Ending 9302018 Unadjusted Trial Balance Credit Account Debit Cash Baking Supplies Merchandise Inventory FIFO Prepaid Rent Prepaid Insurance Baking Equipment Accumulated Depreciation Office Supplies Accounts Receivable Accounts Payable Wa Interest Payable Common Stock Totals Unadjusted trial balance Adjusting entries.
Peyton Approved Post Closing Trial Balance Qtr. The following events occur in July 2018. Peyton Approved Trial Balance 2014 Unadjusted trial balance Account Debit Credit Cash 4789675 Baking Supplies 2050000 Merchandise Inventory 17565 Prepaid Rent 150000 Prepaid Insurance 120000 Baking Equipment 500000 Misc. Complete the following in the July Journal Entries tab in your workbook be sure to look for the July. July 1 You take 15000 from your personal savings account and buy common stock in Peyton. Note that you should use the T account balances completed in the previous step to prepare the unadjusted trial balance portion of the Trial Balance tab in your workbook. Closing Entries and Post Closing Trial Balance - YouTube. Peyton Approved Post Closing Trial Balance Qtr. July 1-Purchase 8500 in baking supplies from vendor on account. You take 10000 from your personal savings account and buy common stock in Peyton Approved.
Purchase 6500 in baking supplies from vendor on account. You take 10000 from your personal savings account and buy common stock in Peyton Approved. July 1 You take 15000 from your personal savings account and buy common stock in Peyton. July 3 Your parents lend the company 10000 cash in exchange for a two-year 6 note payable. Ending 9302018 Unadjusted Trial Balance Credit Account Debit Cash Baking Supplies Merchandise Inventory FIFO Prepaid Rent Prepaid Insurance Baking Equipment Accumulated Depreciation Office Supplies Accounts Receivable Accounts Payable Wa Interest Payable Common Stock Totals Unadjusted Trial. On 12032017 a mixer with a cost of 2000 accumulated depreciation 1200 was destroyed by a forklift. Peyton Approved Post Closing Trial Balance Qtr. Peyton Approved Balance Sheet As Of September 30 2018 The Ending In Retained Earnings Is Shown Although non-profits arent fascinated with producing income their accountants nonetheless put together monetary statements for inside and exterior customers. Peyton Approved General Journal Entries Jul-18 Date Accounts Debit Credit 1-Jul Cash 1000000 Common Stock 1000000 July1 Baking Supplies 6500 Accounts Payable 6500. Adjusting entries Debit Credit Peyton Approved Trial Balance 2018 Unadjusted trial balance Debit Credit 3223675 1850000 17565 150000 240000 600000 1740000 40000 25000 55000 60000 770000 1000000 15000 500000 48000 1600000 Account Cash Baking Supplies Merchandise Inventory FIFO Prepaid Rent Prepaid Insurance Baking Equipment Accumulated Depreciation Office.
