Bug-Off Exterminators provides pest control services and sells extermination pro

Question

Bug-Off Exterminators provides pest control services and sells extermination products manufactured by other companies. The following six-column table contains the companys unadjusted trial balance as of December 31, 2015. BUG-OFF EXTERMINATORS December 31,2015 Unadjusted Trial Balance ..17,000 4,000 Accounts receivable Allowance for doubtful accounts Merchandise inventory Trucks Accum. depreciation Trucks. . $ 828 11.700 32,000 2,200 Accounts payable Estimated warranty liability . . . . … … Unearned services revenue Interest payable Long-term notes payable 1,400 15,000 59,700 0,000 Interest revenue.... Sales (of merchandise) Cost of goods sold Depreciation expense-Irucks 71,026 ...46,300 Interest expense Rent expense Bad debts expense 9,000 1,226 8,000 Repairs expense Utilities expense Warranty expense $226,026 $226,026

Explanation / Answer

Note: As per CHegg policy only 4 part of first question can be solved.

1(a) Correct Ending Balance : $15750 Omitted Check : $1287 Bank Reconciliation Statement Cash Bal as per Bank $15,100 Add; Deposit in Transit $2,450 Less: Checks Outstanding -$1,800 $15,750 Cash Bal as per Books $17,000 Add; Interest earned $52 Less: Service Charges -$15 Less: Cancelled Check -$1,287 $15,750

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