Miller Rides is owned by Jason Miller. The company has an August 31 fiscal year...
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Accounting
Miller Rides is owned by Jason Miller. The company has an August fiscal year end and prepares adjustments on an annual basis. The following is an alphabetical list of its accounts at August before adjustments. All accounts have normal balances. Accounts payable $ Accounts receivable Accumulated depreciationequipment Accumulated depreciationvehicles Cash Equipment Fuel expense Interest expense J Miller, capital Miller, drawings Notes payable Prepaid insurance Rent expense Salaries expense tableService revenue, Supplies Unearned revenue Vehicles Additional information: On August a physical count shows $ of supplies on hand. The insurance policy has a oneyear term that began on November The equipment has an estimated useful life of years. The vehicles have an estimated useful life of years. The company collects cash in advance for any special services requested by customers. As at August the company has provided all but $ of these services. The note payable has an annual interest rate of Interest is paid on the first day of each month. Employees are paid a combined total of $ per day. August five days of salaries are unpaid. Employees do not work weekends. On August the company provided $ of services for a senior citizens' group. The group was not billed for the services until September
Miller Rides is owned by Jason Miller. The company has an August fiscal year end and prepares adjustments on an annual basis. The following is an alphabetical list of its accounts at August before adjustments. All accounts have normal balances.
Accounts payable $
Accounts receivable
Accumulated depreciationequipment
Accumulated depreciationvehicles
Cash
Equipment
Fuel expense
Interest expense
J Miller, capital
Miller, drawings
Notes payable
Prepaid insurance
Rent expense
Salaries expense
tableService revenue,
Supplies
Unearned revenue
Vehicles
Additional information:
On August a physical count shows $ of supplies on hand.
The insurance policy has a oneyear term that began on November
The equipment has an estimated useful life of years. The vehicles have an estimated useful life of years.
The company collects cash in advance for any special services requested by customers. As at August the company has provided all but $ of these services.
The note payable has an annual interest rate of Interest is paid on the first day of each month.
Employees are paid a combined total of $ per day.
August five days of salaries are unpaid. Employees do not work weekends.
On August the company provided $ of services for a senior citizens' group. The group was not billed for the services until September
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