E4.14 question a and b Salaries and Wages Expense $500 and credited to Cash...
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E4.14 question a and b
Salaries and Wages Expense $500 and credited to Cash $500 D en Was debited to Salaries and Wages Expenses Instructions Prepare the correcting entries. E4.14 (LO 4) Writing The adjusted trial balance for Tsai Bowling tains the following accounts (amounts in thousands). ent of Instrul a. Preps b. Prep *E4.18 (4 for Tsai Bowling Alley at December 31, 2020, con- (Monda 2 days Instru Credit 100,000 13,000 42,600 12,300 97,780 18,720 3,800 17,180 305,380 Debit Buildings 128,800 Accounts Receivable Share Capital-Ordinary Prepaid Insurance 14,520 Retained Earnings 4,680 Cash Accumulated Depreciation-Buildings Equipment 18,040 Accounts Payable Land 62,400 Notes Payable 65,000 Insurance Expense Accumulated Depreciation Equipment 780 Depreciation Expense Interest Payable 7,360 Service Revenue Interest Expense 3,800 Y305,380 Instructions a. Prepare a classified statement of financial position: assume that 30,00 paid in 2021. b. Comment on the liquidity of the company. E4.15 (LO 4) The following *E4. lon; assume that 30,000 of the note payable will be
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