Samantha Karp CHECK YOUR PROGRESS

Samantha Karp CHECK YOUR PROGRESS - 16,500.00 7. How much...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
CHECK YOUR PROGRESS (MS Word or PDF): 1. What are the total debit and credit balances on your unadjusted trial balance? 1 15,100 and 115,100 2. What are the total debit and credit balances on your adjusted trial balance? 115,978.50 and 115,978.50 3. According to your account reconciliation report, what is the Ending GL Balance? 34,001.82 4. What is the depreciation expense for furniture and fixtures on December 31? 166.67 5. What is the depreciation expense for computer equipment on December 31? 353.50 6. What is the amount of total revenues as of December 31?
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 16,500.00 7. How much net income (or net loss) is reported on December 31? (195.16) 8. What is the account balance in the Supplies account on December 31? 3,250 9. What is the account balance in the Accounts Payable account on December 31? 11,200 10. What is the total capital balance on December 31? 81,504.84 11. Is there an Increase or Decrease in cash for the month of December? decrease 12. Were any Accounts Payable incurred during the month of December? Yes...
View Full Document

Ask a homework question - tutors are online