a. Borrowed $15 cash on July 1, 2021, signing a six-month note payable. b. Purchased equipment for $17 cash on July 2. c. Issued additional shares of common stock on July 3 for $4. d. Purchased additional equipment on August 4, $4 cash. e. Received supplies on account on supplies on September 5 for future use, $9. f. On December 6, recorded revenues in the amount of $58, including $8 on credit and $50 received in cash... g. Paid salaries and wages expenses on December 7, $25. h. Collected accounts receivable on December 8, $7. i. Paid accounts payable on December 9, $10. J. Received a $6 deposit on December 10 for work to start January 15, 2022. Data for adjusting journal entries on December 31: k. Amortization for 2021, $6. 1. Supplies of $5 were counted on December 31, 2021. m. Depreciation for 2021, $1. n. Accrued interest on notes payable of $2. o. Salaries and wages earned but not yet paid, $2. p. Income tax for 2021 was $5 and will be paid in 2022. Required: 3. Prepare an unadjusted trial balance. (Enter your answers in thousands of dollars.)
a. Borrowed $15 cash on July 1, 2021, signing a six-month note payable. b. Purchased equipment for $17 cash on July 2. c. Issued additional shares of common stock on July 3 for $4. d. Purchased additional equipment on August 4, $4 cash. e. Received supplies on account on supplies on September 5 for future use, $9. f. On December 6, recorded revenues in the amount of $58, including $8 on credit and $50 received in cash... g. Paid salaries and wages expenses on December 7, $25. h. Collected accounts receivable on December 8, $7. i. Paid accounts payable on December 9, $10. J. Received a $6 deposit on December 10 for work to start January 15, 2022. Data for adjusting journal entries on December 31: k. Amortization for 2021, $6. 1. Supplies of $5 were counted on December 31, 2021. m. Depreciation for 2021, $1. n. Accrued interest on notes payable of $2. o. Salaries and wages earned but not yet paid, $2. p. Income tax for 2021 was $5 and will be paid in 2022. Required: 3. Prepare an unadjusted trial balance. (Enter your answers in thousands of dollars.)
Chapter18: Accounting Periods And Methods
Section: Chapter Questions
Problem 46P: Blue Company, an architectural firm, has a bookkeeper who maintains a cash receipts and...
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