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edugenwileyplus.com/edugen/student/mainfr.uni CALCULAT LACEY COMPANY Trial Balan

ID: 2569842 • Letter: E

Question

edugenwileyplus.com/edugen/student/mainfr.uni CALCULAT LACEY COMPANY Trial Balance September 30, 2017 12 Debit Credit Cash Accounts Receivable Supplies Equipment Accounts Payable Unearned Service Revenue Common Stock Retained Earnings $19,200 2,600 2,100 8,000 $4,800 1,100 15,000 11,000 $31,900 $31,900 by The October transactions were as follows. Oct. 5 Received $1,300 in cash from customers for accounts receivable due. 10 Billed customers for services performed $5,100 15 Paid employee salaries $1,200 17 Performed $600 of services in exchange for cash. 20 Paid $1,900 to creditors for accounts payable due 29 Paid a $300 cash dividend. 31 Paid utilities $400. ent l Privacy Policy 2000-2012 1ohn Wiley &Sons;, Inc All Rights Reserved A Division of 2ohn wa Type here to search F2 F3 F4 F8 F9 H4

Explanation / Answer

Dr Cash Cr

To balance b/d

To accounts receivable

$19200

$1300

By salaries

By accounts payable

By dividends

By utilities

By balance c/d

$1200

$1900

$300

$400

$16700

Dr Accounts receivable Cr

To balance b/d

To sevice revenue

$2600

$5100

By cash

By balance c/d

$1300

$6400

Dr Accounts payable Cr

To cash

To balance c/d

$1900

$2900

Dr Unearned service revenue Cr

To service revenue

To balance c/d

$600

$500

Dr Service revenue Cr

By accounts receivable

By unearned service revenue

$5100

$600

Dr Salaries Cr

Amount($)

Dr utilities expense Cr

Dr Dividends Cr

Particulars Amount($) Paticulars Amount($)

To balance b/d

To accounts receivable

$19200

$1300

By salaries

By accounts payable

By dividends

By utilities

By balance c/d

$1200

$1900

$300

$400

$16700

$20500 $20500