Homework 3 - BernadetteHardigan HTM141 Chapter3Problems...

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Bernadette Hardigan HTM 141  Chapter 3 Problems Problem 15 a. b.  3,000 3,000 4,000 4,000 4,000 4,000 1,350 1,350 c.  Cash 3,000 Accounts Receivable 5,000 Food Inventory 2,000 Equipment 25,000 Accumulated Depreciation 9,000 Prepaid Insurance 3,000 Accounts Payable 4,000 SR, Capital 20,000 SR, Withdrawals 4,000 Sales 200,00 0 Salaries and Wages Expense 71,350 Trial Balance Credit Debit Cash  3,000  Accounts Receivable  5,000  Food Inventory  6,000  Equipment  25,000 Accumulated Depreciation  5,000  Prepaid Insurance  6,000  Accounts Payable  4,000  SR, Capital  20,000 SR, Withdrawals  4,000  Sales  200,00 Salaries and Wages  Expense  70,000 Cost of Food Sold  60,000 Advertising Expense  10,000 Other Operating Expenses  40,000     Totals  229,00  229,00
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Cost of Food Sold 64,000 Advertizing Expense 10,000 Other Operating Expenses 40,000 Insurance Expense 3,000 Depreciation Expense 4,000 Totals 234,35 0 233,00
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