Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. following is the adjusted trial balance, with acco

Following is the adjusted trial balance, with accounts in alphabetical order, for TRN Magazine as...

70.2K

Verified Solution

Question

Accounting

Following is the adjusted trial balance, with accounts in alphabetical order, for TRN Magazine as at January 31, 2017:

Debit Credit
Accounts receivable $ 20,700
Accumulated depreciation, equipment $ 11,700
Cash 8,200
Depreciation expense, equipment 1,350
Equipment 18,700
Interest income 420
Rent expense 17,200
Salaries expense 60,700
Subscription revenues 70,700
Trish Norris, capital 44,430
Trish Norris, withdrawals 19,100
Unearned subscription revenue 18,700

Totals $ 145,950 $ 145,950

image
Journal Entry Worksheet 1234 2 3 4 Record to close revenues to the income summary. Date General Journal Debit Credit January 31, 2017 *Enter debits before credits done clear entry record entry

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A water treatment plant has 6 settling tanks that operate in parallel (the flow gets split...

Chemistry
Q

In the above problem if reaches the ground at a horizontal distance d the second...

Physics
Q

In addition to providing immediate relief to developing nations foreign aid is used for capital...

Basic Math
Q

Consider the following one-sided limit.lim h?13? (h- 169 / h - 13)Approximate the limit by...

Basic Math
Q

K The statement represents a claim Write its complement and state which is Ho and...

Statistics
Q

Una persona est amortizando un prstamo a 48 meses de $10000 para la...

Accounting
Q

In diagnosing a farm business problem, what are the three (3) broad categories typically used...

Accounting
Q

Stephenson Real Estate Company was founded 25 years ago by the current CEO, Robert Stephenson....

Accounting
Q

Par value: A. represents the original...

Accounting
Q

Please help with this accounting projecting. Objective: The purpose of this assignment is to let...

Accounting
Q

Using the following data from the comparative balance sheet of Goody Company. December 31, 2017...

Accounting
Q

Match each of the ten statements below with the letter or report on which the...

Accounting