Business, 18.07.2020 23:01 teresaparraz34
On the basis of the following data taken from the Adjusted Trial Balance columns of the end-of-period spreadsheet for the year ended March 31 for Banes Domino's Corporation.
Banes Domino's Corporation
ADJUSTED TRIAL BALANCE
March 31, 20--
ACCOUNT TITLE DEBIT CREDIT
1
Cash
30,000.00
2
Accounts Receivable
45,200.00
3
Supplies
5,000.00
4
Equipment
169,900.00
5
Accumulated Depreciation
32,000.00
6
Accounts Payable
12,500.00
7
Common Stock
51,600.00
8
Retained Earnings
20,000.00
9
Dividends
47,000.00
10
Fees Earned
510,000.00
11
Salary Expense
244,500.00
12
Rent Expense
48,000.00
13
Depreciation Expense
25,000.00
14
Supplies Expense
9,500.00
15
Miscellaneous Expense
2,000.00
16
Totals
626,100.00
626,100.00
Required:
Journalize the four closing entries. Refer to the Chart of Accounts for exact wording of account titles. The journal should consist of 12 rows.
Chart of Accounts.
Banes Domino's CorporationGeneral Ledger
ASSETS
11 Cash
12 Accounts Receivable
13 Supplies
16 Equipment
17 Accumulated Depreciation
LIABILITIES
21 Accounts Payable
EQUITY
31 Common Stock
32 Retained Earnings
33 Dividends
34 Income Summary
REVENUE
41 Fees Earned
EXPENSES
51 Salary Expense
52 Rent Expense
53 Depreciation Expense
54 Supplies Expense
59 Miscellaneous Expense
Answers: 1
Business, 21.06.2019 23:00
Walmart’s scm system walmart is famous for its low prices, and you may have experienced its low prices first-hand. at least, you have probably seen its motto, “always low prices— always.” one of the biggest reasons walmart is able to sell at prices lower than almost everyone else is that it has a superefficient supply chain. its it-enabled supply chain management system is the envy of the industry because it drives excess time and unnecessary costs out of the supply chain. so, because walmart can buy low, it sells low. as a matter of fact, if your company wants to sell items to walmart for it to sell in its stores, you will have to do business with it electronically. if your company can’t do that, walmart won’t buy anything from you. log on to walmart’s web site (), search for supplier information, and find out what walmart’s requirements are for its suppliers to do business with it electronically. prepare a brief summary of its requirements for presentation in clas
Answers: 3
Business, 22.06.2019 05:30
Excel allows you to take a lot of data and organize it in one document. what are some of the features you can use to clarify, emphasize, and differentiate your data?
Answers: 2
Business, 22.06.2019 11:20
Which stage of group development involves members introducing themselves to each other?
Answers: 3
Business, 22.06.2019 16:30
Summarize the specific methods used by interest groups in order to influence governmental decisions making in all three branches of government. provide at least two examples from each branch.
Answers: 3
On the basis of the following data taken from the Adjusted Trial Balance columns of the end-of-perio...
History, 25.02.2021 21:10
Biology, 25.02.2021 21:10
Mathematics, 25.02.2021 21:10
Business, 25.02.2021 21:10
Mathematics, 25.02.2021 21:10
Mathematics, 25.02.2021 21:10
Mathematics, 25.02.2021 21:10
Mathematics, 25.02.2021 21:10