The unadjusted trial balance for Cullumber Engineering at its year end, December 31, 2021, is...
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Accounting
The unadjusted trial balance for Cullumber Engineering at its year end, December 31, 2021, is as follows:
CULLUMBER ENGINEERING
Trial Balance
December 31, 2021
Debit Credit Cash
$8,900
Accounts receivable
5,850
Supplies
4,850
Prepaid insurance
7,440
Notes receivable
12,300 Equipment
28,500 Accumulated depreciationequipment
$8,550
Accounts payable
4,700
H. Duguay, capital
28,590
H. Duguay, drawings
54,500
Service revenue
118,000
Salaries expense
37,500
$159,840
$159,840
Additional information:
1.
Services of $10,350 was provided but unrecorded and uncollected as at December 31, 2021.
2.
On June 1, the company purchased a one-year insurance policy.
3.
Depreciation on the equipment for 2021 is $2,850.
4. A count on December 31, 2021, showed $1,800 of supplies on hand.
5. The four-month, 4% note receivable was issued on October 1, 2021. Interest and principal are payable on the maturity date.
The unadjusted trial balance for Cullumber Engineering at its year end, December 31, 2021, is as follows:
CULLUMBER ENGINEERING
Trial Balance
December 31, 2021
Debit Credit Cash
$8,900
Accounts receivable
5,850
Supplies
4,850
Prepaid insurance
7,440
Notes receivable
12,300 Equipment
28,500 Accumulated depreciationequipment
$8,550
Accounts payable
4,700
H. Duguay, capital
28,590
H. Duguay, drawings
54,500
Service revenue
118,000
Salaries expense
37,500
$159,840
$159,840
Additional information:
1.
Services of $10,350 was provided but unrecorded and uncollected as at December 31, 2021.
2.
On June 1, the company purchased a one-year insurance policy.
3.
Depreciation on the equipment for 2021 is $2,850.
4. A count on December 31, 2021, showed $1,800 of supplies on hand.
5. The four-month, 4% note receivable was issued on October 1, 2021. Interest and principal are payable on the maturity date.
The unadjusted trial balance for Cullumber Engineering at its year end, December 31, 2021, is as follows:
CULLUMBER ENGINEERING
Trial Balance
December 31, 2021
Debit Credit Cash
$8,900
Accounts receivable
5,850
Supplies
4,850
Prepaid insurance
7,440
Notes receivable
12,300 Equipment
28,500 Accumulated depreciationequipment
$8,550
Accounts payable
4,700
H. Duguay, capital
28,590
H. Duguay, drawings
54,500
Service revenue
118,000
Salaries expense
37,500
$159,840
$159,840
Additional information:
1.
Services of $10,350 was provided but unrecorded and uncollected as at December 31, 2021.
2.
On June 1, the company purchased a one-year insurance policy.
3.
Depreciation on the equipment for 2021 is $2,850.
4. A count on December 31, 2021, showed $1,800 of supplies on hand.
5. The four-month, 4% note receivable was issued on October 1, 2021. Interest and principal are payable on the maturity date.
- /20 uestion 3 of 4
The unadjusted trial balance for Cullumber Engineering at its year end, December 31, 2021, is as follows:
Additional information:
CULLUMBER ENGINEERING Trial Balance December 31, 2021 | |||
|---|---|---|---|
Debit | Credit | ||
Cash | $8,900 | ||
Accounts receivable | 5,850 | ||
Supplies | 4,850 | ||
Prepaid insurance | 7,440 | ||
Notes receivable | 12,300 | ||
Equipment | 28,500 | ||
Accumulated depreciationequipment | $8,550 | ||
Accounts payable | 4,700 | ||
H. Duguay, capital | 28,590 | ||
H. Duguay, drawings | 54,500 | ||
Service revenue | 118,000 | ||
Salaries expense | 37,500 | ||
| $159,840 | $159,840 | ||
Additional information:
| 1. | Services of $10,350 was provided but unrecorded and uncollected as at December 31, 2021. | |
| 2. | On June 1, the company purchased a one-year insurance policy. | |
| 3. | Depreciation on the equipment for 2021 is $2,850. | |
| 4. | A count on December 31, 2021, showed $1,800 of supplies on hand. | |
| 5. | The four-month, 4% note receivable was issued on October 1, 2021. Interest and principal are payable on the maturity date. |
CULLUMBER ENGINEERING Trial Balance December 31, 2021 | |||
|---|---|---|---|
Debit | Credit | ||
Cash | $8,900 | ||
Accounts receivable | 5,850 | ||
Supplies | 4,850 | ||
Prepaid insurance | 7,440 | ||
Notes receivable | 12,300 | ||
Equipment | 28,500 | ||
Accumulated depreciationequipment | $8,550 | ||
Accounts payable | 4,700 | ||
H. Duguay, capital | 28,590 | ||
H. Duguay, drawings | 54,500 | ||
Service revenue | 118,000 | ||
Salaries expense | 37,500 | ||
| $159,840 | $159,840 | ||
Additional information:
| 1. | Services of $10,350 was provided but unrecorded and uncollected as at December 31, 2021. | |
| 2. | On June 1, the company purchased a one-year insurance policy. | |
| 3. | Depreciation on the equipment for 2021 is $2,850. | |
| 4. | A count on December 31, 2021, showed $1,800 of supplies on hand. | |
| 5. | The four-month, 4% note receivable was issued on October 1, 2021. Interest and principal are payable on the maturity date. |
CULLUMBER ENGINEERING Trial Balance December 31, 2021 | |||
|---|---|---|---|
Debit | Credit | ||
Cash | $8,900 | ||
Accounts receivable | 5,850 | ||
Supplies | 4,850 | ||
Prepaid insurance | 7,440 | ||
Notes receivable | 12,300 | ||
Equipment | 28,500 | ||
Accumulated depreciationequipment | $8,550 | ||
Accounts payable | 4,700 | ||
H. Duguay, capital | 28,590 | ||
H. Duguay, drawings | 54,500 | ||
Service revenue | 118,000 | ||
Salaries expense | 37,500 | ||
| $159,840 | $159,840 | ||
Additional information:
| 1. | Services of $10,350 was provided but unrecorded and uncollected as at December 31, 2021. | |
| 2. | On June 1, the company purchased a one-year insurance policy. | |
| 3. | Depreciation on the equipment for 2021 is $2,850. | |
| 4. | A count on December 31, 2021, showed $1,800 of supplies on hand. | |
| 5. | The four-month, 4% note receivable was issued on October 1, 2021. Interest and principal are payable on the maturity date. |
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