contestada

On january 1, 2021, the general ledger of dynamite fireworks includes the following account balances: accounts debit credit cash $ 24,400 accounts receivable 5,800 supplies 3,700 land 56,000 accounts payable $ 3,800 common stock 71,000 retained earnings 15,100 totals $ 89,900 $ 89,900 during january 2021, the following transactions occur: january 2 purchase rental space for one year in advance, $7,800 ($650/month). january 9 purchase additional supplies on account, $4,100. january 13 provide services to customers on account, $26,100. january 17 receive cash in advance from customers for services to be provided in the future, $4,300. january 20 pay cash for salaries, $12,100. january 22 receive cash on accounts receivable, $24,700. january 29 pay cash on accounts payable, $4,600. exercise 3-21a part 3 3. prepare an adjusted trial balance as of january 31, 2021.

Respuesta :

khuranashilpa76

A general ledger (GL) is a set of numbered accounts a business uses to keep track of its financial transactions and to prepare financial reports. Each account is a unique record summarizing a specific type of asset, liability, equity, revenue, or expense.

Date GENERAL JOURNAL Debit Credit

January 31 Rent Expenses $650  

 Prepaid Rent   $650

 (To record rent expenses)    

     

January 31 Supplies Expenses $4,400  

 Supplies   $4,400

 (To record supplies expenses) ($3,700 + $4,100 - $3,400)    

     

January 31 Deferred Revenue $3,650  

 Service Revenue   $3,650

 (To record rendered of service)    

     

January 31 Salaries Expenses $5,380  

 Salaries payable   $5,380

 (To record salaries expenses)

Learn more about the general ledger here

https://brainly.com/question/1436327

#SPJ4  

     

Otras preguntas