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Comprehensive Problem 2 Part 9:

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Part 1 Comprehensive Trouble 1: The following is a comprehensive trouble which encompasses all of th 1 reply beneath »

Role 1
Comprehensive Problem 1:

The post-obit is a comprehensive trouble which encompasses all of the elements learned in previous capacity. Yous can refer to the objectives for each chapter covered as a review of the concepts.

Kelly Pitney began her consulting business organization, Kelly Consulting, on April ane, 2014. The chart of accounts for Kelly Consulting is shown below:

waac25h_cp1_c1p1b1.gif

Required:

Journalize each of the May transactions using Kelly Consulting's chart of accounts. (Practice not insert the account numbers in the Post. Ref. cavalcade of the periodical at this time.) For a compound transaction, if an amount box does not require an entry, leave it bare.

May 3: Received cash from clients as an advance payment for services to exist provided and recorded information technology as unearned fees, $four,500

Function 2 and Function 3:

The following is a comprehensive problem which encompasses all of the elements learned in previous chapters. You can refer to the objectives for each affiliate covered every bit a review of the concepts. Notation: You must complete part 1 before completing parts two and 3.

Office 2: Using the attached spreadsheet, mail the journal entries from function 1 to a ledger of 4-column accounts.

Part three: Prepare an unadjusted trial balance. If an amount box does not crave an entry, leave it blank.

COMPREHENSIVE Problem 1
- The following ledger accounts appear below, in this guild:
     Fees Earned, Salary Expense, Hire Expense, Supplies Expense, Depreciation Expense, Insurance Expense,
     Miscellaneous Expense,
- Beginning balances from the textbook have already been entered.
- The remaining accounts are found on the previous page.
The entries in the ledgers volition not class or mark right or wrong.
LEDGERS - Income Statement accounts
Fees Earned 41
Postal service Balance
Date Item Ref. Dr. Cr. Dr. Cr.
Bacon Expense 51
Postal service Balance
Appointment Item Ref. Dr. Cr. Dr. Cr.
Rent Expense 52
Post Rest
Engagement Particular Ref. Dr. Cr. Dr. Cr.
Supplies Expense 53
Post Balance
Date Item Ref. Dr. Cr. Dr. Cr.
Depreciation Expense 54
Post Balance
Date Item Ref. Dr. Cr. Dr. Cr.
Insurance Expense 55
Mail service Remainder
Date Item Ref. Dr. Cr. Dr. Cr.
Miscellaneous Expense 59
Post Residue
Engagement Detail Ref. Dr. Cr. Dr. Cr.
Accumulated Depreciation
Mail service Balance
Date Particular Ref. Dr. Cr. Dr. Cr.
5/ane Balance ?           330
Accounts Payable
Post Balance
Date Item Ref. Dr. Cr. Dr. Cr.
v/1 Balance ?           800
Salaries Payable
Post Remainder
Date Item Ref. Dr. Cr. Dr. Cr.
5/i Balance ?           120
Unearned Fees
Mail Balance
Date Detail Ref. Dr. Cr. Dr. Cr.
v/1 Balance ?        2,500
Kelly Pitney, Capital
Post Residuum
Engagement Item Ref. Dr. Cr. Dr. Cr.
5/1 Balance ?      42,300
Kelly Pitney, Drawing
Post Balance
Date Particular Ref. Dr. Cr. Dr. Cr.
Income Summary
Post Residual
Date Item Ref. Dr. Cr. Dr. Cr.

Comprehensive Problem 2 Part 9:,

Source: https://transtutors.com/questions/part-1-comprehensive-problem-1-the-following-is-a-comprehensive-problem-which-encomp-1084880.htm

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