Ch05P3A - Problem 5-3A Blue Max Construction Work Sheet For...

Info iconThis preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
Problem 5-3A 2. 3. Blue Max Construction Work Sheet For Year Ended September 30, 2005 Account Adjustments Income Statement General Journal Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit Date Accounts and explanation PR Debit Credit Cash 18,000 Sept. 30 Supplies 9,400 Prepaid insurance 6,200 Equipment 81,000 Accumulated amortization, equipment 20,250 Accounts payable 4,800 Interest payable - Rent payable - Wages payable - Estimated business taxes payable - Long-term notes payable 25,000 Tony Morrison, capital 27,660 Tony Morrison, withdrawals 36,000 Construction fees earned 140,000 Amortization expense, equipment - Wages expense 41,000 Interest expesne 1,500 Insurance expense - Rent expense 13,200 Supplies expense - Business taxes expense 5,000 Repairs expense 2,510 Utilities expense 3,900 Totals 217,710 217,710 4. Analysis of potential errors Unadjusted Trial Balance Adjusted Trial Balance Balance Sheet & Statement of Owner's Equity
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 2
4. Analysis component:
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 4

Ch05P3A - Problem 5-3A Blue Max Construction Work Sheet For...

This preview shows document pages 1 - 4. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online