Matthew_McCoy_Problem 3-3A

Matthew_McCoy_Problem 3-3A - Matthew McCoy Problem 3-3A...

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Matthew McCoy Problem 3-3A Cash 28,064 Insurance Expense Prepaid Insurance (a) 3,000 16,000 (a) 3,000 13,000 Accounts Receivable Tuition fees earned (f) 4,000 111,000 (f) 4,000 adj.balance 115,000 Teaching supplies Teaching supplies expense 11,000 (b) 9,000 (b) 9,000 adj.balance 2,000 Prepaid rent Rent expense 2,178 23,958 (h) 2,178 (h) 2,178 adj.balance 0 adj.balance 26,136 Professional library Equipment 33,000 75,800 Accumulated depreciation- Depreciation expense- Professional library Professional library 10,000 (d) 5,000 (d) 5,000 adj.balance 15,000 Accumulated depreciation- Depreciation expense- equipment Equipment ( c) 10,000 15,000 ( c) 10,000 adj.balance 25,000 Accounts payable Advertising expense 39,500 8,000 Utilities expense
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6,000 Salaries payable Salaries expense (g) 480 52,000 (g) 480 adj.balance 52,480 Unearned training fees Training fees earned 12,500 41,000 (e) 5,000 (e) 5,000 adj.balance 7,500 adj.balance 46,000 T. Wells, Capital T. Wells, Withdrawals 71,000 44,000 WELLS TEACHING INSTITUTE
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This note was uploaded on 09/24/2011 for the course ACCT 212 taught by Professor Sheik during the Spring '11 term at Mountain State.

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Matthew_McCoy_Problem 3-3A - Matthew McCoy Problem 3-3A...

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