subject
Business, 29.11.2021 19:30 salinasroel22

The trial balance of Lexington Inn Company at December 31, 2012, and the data needed for the month-end adjustments follow. Adjustment data at December 31 follow:a. Prepaid insurance still in force, $700.b. Supplies used during the month, $500.c. Depreciation for the month, $1,600.d. Accrued salary expense, $400.e. Unearned service revenue still unearned, $1,400.Requirements1. Journalize the adjusting entries.2. The unadjusted balances have been entered for you in the general ledger accounts. Post the adjusting entries to the ledger accounts.3. Prepare the adjusted trial balance.4. Prepare the income statement, statement of owner’s equity, and balance sheet for the business for the month ended December 31,2012.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 08:10
The sec has historically raised questions regarding the independence of firms that derive a significant portion of their total revenues from one audit client or group of clients because the sec staff believes this situation causes cpa firms to
Answers: 3
question
Business, 22.06.2019 23:00
Which of the following is true of website content? it should be refreshed periodically to keep customers coming back. once the content has been written and proofread it shouldn't be changed. grammatical errors are not a problem because the customer visits the site to purchase a product, not check the site's grammar. it should be limited to text and shouldn't include multimedia.
Answers: 1
question
Business, 23.06.2019 01:10
1. alwaysrain irrigation, inc. would like to determine capacity requirements for the next four years. currently, two production lines are in place for making bronze and plastic sprinklers. three types of sprinklers are available in both bronze and plastic: 90-degree nozzle sprinklers, 180-degree nozzle sprinklers, and 360-degree nozzle sprinklers. management has forecast demand for the next four years as follows: both production lines can produce all the different types of nozzles. the bronze machines needed for the bronze sprinklers require two operators and can produce up to 12,000 sprinklers. the plastic injection molding machine needed for the plastic sprinklers requires four operators and can produce up to 200,000 sprinklers. three bronze machines and only one injection molding machine are available. what are the capacity requirements for the next four years? (assume that there is no learning.)
Answers: 1
question
Business, 23.06.2019 19:50
Knowledge check 01 taylor company has current sales of 1,000 units, at a selling price of $190 per unit, variable costs per unit of $76 and fixed expenses of $96,000. the company believes sales will increase by 300 units, if the company introduces sales commissions as an incentive for the sales staff. the change will decrease the selling price to $175 per unit, increase variable cost per unit to $100 and decrease fixed expenses by $20,000. what is the net operating income after the changes? increase of $21,500 decrease of $30,000 increase of $24,500 decrease of $22,000
Answers: 3
You know the right answer?
The trial balance of Lexington Inn Company at December 31, 2012, and the data needed for the month-e...
Questions
question
Mathematics, 17.02.2022 09:20
question
Mathematics, 17.02.2022 09:20
question
Mathematics, 17.02.2022 09:20
question
History, 17.02.2022 09:30
Questions on the website: 13722363