Carmen O'Connor Dance Studio Company, accounting homework help

Anonymous
timer Asked: Mar 26th, 2017
account_balance_wallet $10

Question Description

See attached.

Tutor Answer

Manal25
School: Rice University

WOW :)Please find the solution attached :)All the bestP.S. Please note that I answered each requirement on a different tab on the excel sheet so that is clearer

Waverly's Quality Automotive
Dec.1 Cash
1
1
9
10
19
22
26
28
31
31
31
31
Adjustment Data:
a)
b)
c)
d)

$68.000
Equipment
Prepaid Insurance
Land
Office Supplies
Notes Payable
Advertising Expense
Payment
Utilities
Revenues
Salaries
Unearned Revenue
Withdrawals

$10.800
$4.800
$18.000
$2.200
$10.000
$1.700
$300
$200
Cash
$3.900
$980
$5.500

Office Supplies Used
$1.200
Deprciation
$180
1
month of insurance expired
Accrued Interest Expense
$40

8

$14.500
Building Rent

months

Credit
$1.500

$3.600

1)
Date
Dec. 1

1

1

9

10

19

22

26

28

31

31

31

31

Accounts and Explanation
Cash
Waverly, Capital

Debit
68.000

Equipment
Cash

10.800

Prepaid Insurance
Cash

4.800

Land
Cash

18.000

Office Supplies
Accounts Payable

2.200

Cash
Notes Payable

10.000

Advertising Expenses
Cash

1.700

68.000

10.800

4.800

18.000

2.200

10.000

1.700

Accounts Payable
Cash

300

Utilities Expense
Utilities Payable

200

300

200

Cash
Accounts Receivable
Service Revenue

14.500
3.600

Salaries Expense
Rent Expense
Cash

3.900
1.500

Cash
Unearned Revenue
Waverly, Withdrawals
Cash

Credit

18.100

5.400
980
980
5.500
5.500

2)
Cash
Dec.1
Dec.19
Dec. 31
Dec. 31

Bal.

68.000
10.000
14.500
980

Accounts Rece
10.800
4.800
18.000
1.700
300
5.400
5.500

Dec. 1
Dec. 1
Dec. 9
Dec. 22
Dec. 26
Dec. 31
Dec. 31

46.980

Dec. 10
Bal.

Dec. 1
Bal.

Dec. 31

Bal.

Office Supplies
2.200

Prepaid Insu
Dec. 1

2.200

Bal.

Equipment
10.800

Accumulated Depreciat

10.800
Land

Dec. 9

18.000

Bal.

18.000

Accounts Pa
Dec. 26

Utilities Payable

Interest Pay
200

Dec. 28

200

Bal.

Unearned Revenue

Notes Paya
980

Dec. 31

980

Bal.

Waverly, Capital

Waverly, Withd
68.000

Dec. 1

Dec. 31

68.000

Bal.

Bal.

Service Revenue

Dec. 31
Bal.

Dec. 22
Bal.

Rent Expense
1.500
1.500
Advertising Expense
1.700
1.700...

flag Report DMCA
Review

Anonymous
awesome work thanks

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors