Keeping the books and balances on Haupt Consulting, accounting homework help
Keeping the books and balances on Haupt Consulting, accounting homework help.
Haupt Consulting Trial Balalnce December 18, 2010.
Save your time - order a paper!
Get your paper written from scratch within the tight deadline. Our service is a reliable solution to all your troubles. Place an order on any task and we will take care of it. You won’t have to worry about the quality and deadlines
Order Paper NowDEBIT CREDIT
CASH 8,100.
Accounts Receivable 1,700
SUPPLIES 300.
EQUIPMENT 2,000.
Accumulated Depreciation . EQUIP.
FURNITURE 3,600.
ACCOUNTS PAYABLE 3,900.
SALARY PAYABLE
UNEARNED SERVICE REVENUE
Carl Haupt, Capital 10,000
SERVICE REVENUE 2,500.
RENT 500.
UTILITIES 200.
TOTAL: 16,400. 16,400.
DEC 21 Received $ 900. in advance for services to be performed evenly over the next 30 days.
DEC 21 Hired a secretary to be paid $1,500. on the 20th day of each month.
DEC 26 Paid $300. on account.
DEC 28 Collected $600. on account
DEC 30 Owner withdrew $1,600.
SEE FURTHER DOWN
Acct. Title DEBIT CREDIT
CASH $7,700.
ACCOUNTS RECEIVABLE $1,500.
SUPPIIES $100.
EQUIPMENT $2,000.
Accumulted Depreciation equip. $33.
FURNITURE $3,600.
Accumulated Dep. Furniture $60 .ACCOUNTS PAYABLE $3,600.
SALARY PAYABLE $700.
UNEARNED SERVICE REVENUE $600.
Carl Haupt Capital $10,000.
Carl Haupt WITHDRAWLS $1,600.
SERVICE REVENUE $3,200.
Heat Expense $500.
Utilities expense $200.
Salary expense $700.
Depreciation expense equip. $33.
Depreciation expense Furn. $60..
Supplies expence $200.
TOTAL: 18,193 $18,193.
Complete the accounting worksheet at December 31 st.
Journalize and post the closing entries at December 31st
Denote each closing amount as Clo. And an accounting balance as Bal.
Prepare a Classified balance sheet at December 31sst.
Keeping the books and balances on Haupt Consulting, accounting homework help