FinaHADM_121_Chapter - Chapter 4 AP4-2 Brandon Company A A B C Insurance Expense Prepaid Insurance Wages Expense(E SE Wages Payable(L Unearned

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Chapter 4, Sept 12 2007 AP4-2 Brandon Company Debit Credi t A A Insurance Expense 1,600 Prepaid Insurance 1,600 B Wages Expense (E+ SE-) 900 Wages Payable (L+) 900 C Unearned Maintenance Revenue (L-) 450 Maintenance Revenue (R+ SE+) 450 D Depreciation Expense (E+ SE-) 3,000 Accumulated Depreciation (XA+ A-) 3,000 E Unearned Service Revenue (L-) 700 Service Revenue (R+ SE+) 700 F Interest Expense (E+ SE-) 600 Interest Payable (L+) 600 G Property Tax Expense (E+ SE-) 500 Property Taxes Payable (L+) 500 H Accounts Receivable (A+) 2,000
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Chapter 4, Sept 12 2007 Special Job Revenue (R+ SE+) 2,000 A Deferred E. B Accrued E C Deferred R D Deferred E. E Deferred R. F Accrued E. G Accrued E. H Accrued R. AP4-6 Abrahams Company Trial Balance At December 31, 2006 Before Adjusting Entries Adjustmen ts After Adjusting Entries Debit Credit Debit Credit Debit Credit A Cash 18,000 18,000 B. Accounts Receivable 1,500 1,500 C Prepaid Rent 1,200 400 800 D Property Plant and Equipment 210,000 210,000 E Accumulated Depreciation 52,500 18,000 70,000 F Income Taxes Payable 6,500 6,500 G Deferred Revenue 16,000 8,000 8,000 H Contributed Capital 110,000 110,000
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Chapter 4, Sept 12 2007 I Retained Earnings 21,700 21,700 J Service Revenue 83,000 9500 92,500 K Salary Expense 54,000 54,000 L Depreciation Expense 17,500 17,500 M Rent Expense 400 400 N Income Tax Expense 6,500 6,500 Total 283,200 283,200 308,700 308,700 B Accounts Receivable Debited 1,500 C Prepaid Rent Credit 400 E Accumulated Depreciation Debited 18,000 F Income Taxes Payable Credit 6,500 G Deferred Revenue Debited 8000 J Service Revenue Credit 9,500 L Depreciation Expense Debited 17,500 M rent Expense Debited 400 N Income Tax Expense Debited 6,500 Req. 2) Deferred Revenue 16000 Service Revenue 83,000 Salary Expenses 54,000 Income 45,000 (Before Adjustments)
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Chapter 4, Sept 12 2007 Deferred Revenue 8,000 Service Revenue 92,500 Salary Expense 54,000 Depreciation Expense 17,500 Rent Expense 400 Income Tax Expense 6,500 After Adjusting Income 22,100
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This homework help was uploaded on 02/09/2008 for the course HADM 1121 taught by Professor Dittman during the Fall '07 term at Cornell University (Engineering School).

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FinaHADM_121_Chapter - Chapter 4 AP4-2 Brandon Company A A B C Insurance Expense Prepaid Insurance Wages Expense(E SE Wages Payable(L Unearned

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