Miller Delivery Service completed the following transactions during December 2016 (Click the icon to view...

70.2K

Verified Solution

Question

Accounting

image
image
image
image
image
image
image
Miller Delivery Service completed the following transactions during December 2016 (Click the icon to view the transactions.) Read the requitements Post the adjusting entries to the T-accounts. The unadjusted balances of the accounts (Bal.) have been entered for you. Use the adjustment and corresponding letters as posting references-"Adj. (a), "Adj. (b)", etc. Use a "Bal." posting reference on the last line of each T-account to show the adjusted balance of each account. For any accounts with a zero balance, select the "Bal." posting reference and enter a "0" on the normal side of the account Review the adjusting.journalentries youpropared above Cash Accounts Payable Service Revenue Bal. 22,900 0 Bal. 20,200 Bal. Salaries Payable I 181(1complete) HW Sco 1, C i Adjusting journal entries ice com o view nts. Date Accounts Debit Credit Dec. 31 Salaries Expense 1,000 ntries to s-"Ad o baland Adj. (a) Salaries Payable 1,000 Dec. 31 Depreciation Expense 250 .journa Adj. (b) Accumulated Depreciation 250 sh Dec. 31 Insurance Expense 250 Adj. (c) Prepaid Insurance 250 Dec. 31 Supplies Expense 400 Adj. (d) Office Supplies 400 Dec. 31 Unearned Revenue 300 300 Adj. (e) Service Revenue or en Print Done stion 1, C i y Service com Adjusting journal entries e icon to view Dec. 31 Salaries Expense 1,000 uirements Adj. (a) Salaries Payable 1,000 usting entries to eferences-"Ad Depreciation Expense Dec. 31 250 ha zero baland Adj. (b) Accumulated Depreciation 250 Dec. 31 Insurance Expense 250 adjusting journa Adj. (c) Prepaid Insurance 250 Cash Dec. 31 Supplies Expense 400 22,900 Adj. (d) Office Supplies 400 Dec. 31 Unearned Revenue 300 Adj. (e) Service Revenue 300 Dec. 31 Accounts Receivable 650 Adj. (f) Service Revenue 650 any list or en Print Done ning Miller Delivery Service completed the following transactions during December 2016 (Click the icon to view the transactions.) Read the reguirements Salaries Payable 0 Bal. Accounts Receivable Unearned Revenue Salaries Expense Bal. 700 800 Bal. Bal. 1,000 Choose from any list or enter any number in the input fields and then click Check Answer. parts Clear All siun I, Cupl ee IUBlen 4- (B88R/stali) Miller Delivery Service completed the following transactions during December 2016 (Click the icon to view the transactions.) Read the requirements Office Supplies Common Stock Depreciation Expense-Truck Bal. 500 30,000 Bal. Bal. 0 Prepaid Insurance Retained Earnings Insurance Expense Bal. 1,000 0 Bal. Choose from any list or enter any number in the input fields and then click Check Answer. 11 parts remaining Clear All Question 1, Comprehensive Problem 4-1 (book/static) Miller Delivery Service completed the following transactions during December 2016 (Click the icon to view the transactions.) Read the requirements Truck Dividends Fuel Expense Bal. 20,000 Bal. 3,000 Bal 300 Accumulated Depreciation-Truck Income Summary Rent Expense 0 Bal. Bal. 1,600 Choose from any list or enter any number in the input fields and then click Check Answer. 11 parts Clear All Miller Delivery Service completed the following transactions during December 2016: (Click the icon to view the transactions.) Read the requirements Accumulated Depreciation-Truck Income Summary Rent Expense 0 Bal. Bal 1,600 Supplies Expense Bal. 0 Choose from any list or enter any number in the input fields and then click Check Answer. 11 parts remaining Clear All

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students