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Dnections Ding VI... A" Read aloud Draw Sudduth Detailing, Inc. Additional Information 1. Assume Beginning...

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Dnections Ding VI... A" Read aloud Draw Sudduth Detailing, Inc. Additional Information 1. Assume Beginning Equity at December 1, 2018 was $0. 2. Journal Entries - please make the following entries for activity that will take place in January 2019: a. (1/3) Detailed a Ferrari for $308 on account b. (1/12) Received AL Power bill for $573.28, due Feb. 3rd c. (1/21) Received $1,200 in advance for a package detail to be performed in March d. (1/25) Purchased a new industrial steam cleaner for $3,000 cash e. (1/31) Record Monthly Depreciation of $450 Credit Balances Debit Balances 43,535 17,790 1,225 4,000 3,850 20,000 Sudduth Detailing Services, Inc. Adjusted Trial Balance December 31, 2018 Account No. Cash 11 Accounts Receivable 12 Supplies 14 Prepaid Rent 15 Prepaid Insurance 16 Equipment 18 Accumulated Depreciation--Equipment 19 Accounts Payable 21 Salaries Payable 22 Unearned Fees 23 John Sudduth, Capital 31 John Sudduth, Drawing 32 Detailing Services 41 Salary Expense 51 Supplies Expense 52 Rent Expense 53 Depreciation Expense 54 Insurance Expense 55 Miscellaneous Expense 59 400 1,600 275 2,350 50,000 18,000 64,550 3,575 2,800 2,000 400 350 1,650 119,175 119,175

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