Kelly consulting post-closing trial balance may 31 20y8.
Kelly Pitney began her consulting business, Kelly Consulting, on April 1, 20Y5. The accounting cycle for Kelly Consulting for April, including financial statements, was illustrated in this chapter. During May, Kelly Consulting entered into transactions. In Part 1 of this problem, the accounting cycle was completed up through the preparation of ...
The post-closing trial balance as of April 30, 2014, is shown below: Required: Journalize each of the May transactions using Kelly Consulting's chart of accounts. (Do not insert the account numbers in the Post. Ref. column of the journal at this time.) For a compound transaction, if an amount box does not require an entry, leave it blank ...The post-closing trial balance as of April 30, 20Y8, is shown below: Kelly Consulting Post-Closing Trial Balance April 30, 20Y8 Account No. Debit Credit ... $3,300. 31. Recorded services provided on account for the remainder of May, $2,650. 31. Kelly withdrew $10,500 for personal use. Instructions: Enter the unadjusted trial balance on …Step 1. The following is a comprehensive problem which encompasses all of the elements learned in previous chapters, You can refer to the objectives for each chapter covered as a review of the concepts. Kelly Pitney began her consulting business, Kelly Consulting, on April 1, 20Y8. The chart of accounts for Kelly Consulting is shown below: 11 ...Accounting questions and answers. Prepare a post-closing trial balance. If an amount box does not require an entry, leave it blank.Kelly ConsultingPost-Closing Trial BalanceMay 31, 20Y8\table [ [Account Title,Debit Balanc,,Credit Balances], [Cash ,44,195, , . Question: Prepare a post-closing trial balance.
31: Common Stock The post-closing trial balance as of April 30, 20Y8, is shown below: Required: Journalize each of the May transactions using Kelly Consulting's chart of accounts. (Do not insert the account numbers in the Post. Ref. column of the journal at this time.) If an amount box does not require an entry, leave it blank.Accounting questions and answers. Prepare a post-closing trial balance. If an amount box does not require an entry, leave it blank.Kelly ConsultingPost-Closing Trial BalanceMay 31, 20Y8\table [ [Account Title,Debit Balanc,,Credit Balances], [Cash ,44,195, , . Question: Prepare a post-closing trial balance.
Kelly Consulting Score: 21/64 UNADJUSTED TRIAL BALANCE May 31, 2019 ACCOUNT TITLE DEBIT CREDIT 1 Cash 21,975.00 2Accounts Receivable 4,500.00 3 Supplies • Prepaid Rent 4,680.00 1,295.00 SPrepaid Insurance Office Equipment 7 Accumulated Depreciation • Accounts Payable , Salaries Payable 10 Unearned Fees 11 Kelly Pitney, Capital 12 Kelly Pitney, Drawing 13 Fees Earned 14 Salary Expense 15 ...
If there's one word I struggle with the most, it's "balance." I have come to the conclusion, after years of searching through sweaty palms and skyrocket...31 Common Stock The post-closing trial balance as of April 30, 20Y8, is shown below: Kelly Consulting Post-Closing Trial Balance April 30, 20Y8 Account No. Debit Credit Cash 11 22,100 Accounts Receivable 12 3,400 Supplies 14 1,350 Prepaid Rent 15 3,200 Prepaid Insurance 16 1,500 Office Equipment 18 14,500 Accumulated Depreciation 19 330Part 2: Using the attached spreadsheet , post the journal entries from part 1 to a ledger of four- column accounts. Part 3: Prepare an unadjusted trial balance. If an amount box does not require an entry, leave it blank. Kelly Consulting Unadjusted Trial Balance May 31, 20Y8 Account Title Debit Balances Credit Balances Cash 22100 …Kelly Pitney began her consulting business, Kelly Consulting, on April 1, 20Y8. The chart of accounts for Kelly Consulting is shown below: 11 Cash 32. Show transcribed image text. There’s just one step to solve this. ... Kelly Consulting Post-Closing Trial Balance May 31, 2018 Account Title Debit Balances Credit Balances Cash Accounts ...
Depredation Expense 55 Insurance Expense 59 Miscellaneous Expense The post-closing trial balance as of April 30, 20 Y, is shown below: Kelly Consulting Post-Closing Trial Balance April 30, 20 Y 8 \begin{tabular}{lccc} & Account No. & Debit & Credit \\ \hline Cash & 11 & 22,100 \end{tabular} Accounts Recelvable Supplies Prepaid Rent Prepaid ...
31: Common Stock The post-closing trial balance as of April 30, 20Y8, is shown below: Required: Journalize each of the May transactions using Kelly Consulting's chart of accounts. (Do not insert the account numbers in the Post. Ref. column of the journal at this time.) If an amount box does not require an entry, leave it blank.
Even if you dutifully pay off your credit card balance each month, there’s an oft-overlooked way to optimize your credit score—by making debt payments before your balance is report...Get four FREE subscriptions included with Chegg Study or Chegg Study Pack, and keep your school days running smoothly. 1. ^ Chegg survey fielded between Sept. 24–Oct 12, 2023 among a random sample of U.S. customers who used Chegg Study or Chegg Study Pack in Q2 2023 and Q3 2023. Respondent base (n=611) among approximately 837K … Prepare a post-closing trial balance. If an amount box does not require an entry, leave it blank. ... Kelly Consulting Post-Closing Trial Balance May 31, 20Y8 ... Recorded services provided on account for the period May 1–15, $9,180. Paid part-time receptionist for two weeks’ salary including the amount owed on April 30, $750. Recorded cash from cash clients for fees earned during the period May 1–16, $8,360. Purchased supplies on account, $735.Kelly Consulting Unadjusted Trial Balance May 31, 2018 Debit Balances Credit Balances Account Title Cash 44,195 Accounts Receivable 8,080 Supplies 2,085 3,200 Prepaid Rent Prepaid Insurance Office Equipment 1,500 14,500 Accumulated Depreciation 330 Accounts Payable 895 Salaries Payable Unearned Fees 7,000 Common Stock 42,300 Retained Earnings ...
The post-closing trial balance as of April 30, 20Y8, is shown below: Kelly Consulting Post-Closing Trial Balance April 30, 2018 Account No. Debit Credit Cash 11 22,100 Accounts Receivable 12 3,400 Supplies 14 1,350 Prepaid Rent 15 3,200 Prepaid Insurance 16 1,500 Office Equipment 18 14,500 Accumulated Depreciation 19 330 Accounts Payable 21 800 Salaries Payable 22 120 Unearned Fees 23 2,500 ...Step-by-step explanation. Step 1: Journalize the transactions for the month of May. Step 2: Adjust the beginning balances as of April 30. Receipts are the total debits, while payments are the total credits. Fees earned are the total debits, while collections are the total credits. Payments are the total debits, while purchases on account are ...Kelly Pitney began her consulting business, Kelly Consulting, on April 1, 20Y8. The chart of accounts for Kelly Consulting is shown below: The post-dosing trial balance as of April 30, 20r8, is ahomn below: May 31: Paid electricity bill for May, $810. May 31: Recorded cash from cash clients for fees earned for the period May 26 − 31, $3, 300. E. Prepare a post-closing trial balance. If an amount box does not require an entry field, leave it blank. Company R Post-Closing Trial Balance December 31, 2019 Debit Credit Cash Accounts Receivable Miscellaneous Expense Insurance Expense Accounts Payable Salaries Payable Common Stock Dividends Adjusted Trial Balance Debit Credit Cash $47,000 13,900 Accounts Receivable Prepaid Insurance 6,200 ... Question: Kelly Consulting’s post-closing trial balance at the previous period end, April 30, 20Y8, indicates the following accounts and balances: cash $22,100;accounts receivable $3,400;supplies $1,350;prepaid rent $3,200;prepaid insurance $1,500;office equipment $14,500; accumulated depreciation $330;accounts payable $800;salaries payable $120;unearned feesKelly Consulting Statement of Stockholders’ Equity For the Month Ended May 31, 20Y8; Common Stock: Retained Earnings: ... Balances, May 31, 20Y8; Dividends; Net income; Net loss $ $ $ Prepare a balance sheet. Kelly Consulting Balance Sheet May 31, 20Y8; ... Post any question and get expert help quickly. Start learning . Chegg Products & Services. Kelly Consulting Post-Closing Trial Balance May 31, 2019 Debit Balances Credit Balances 44,195 8,080 715 1,600 1,225 14,500 660 895 325 Cash Accounts Receivable Supplies Prepaid Rent Prepaid Insurance Office Equipment Accumulated Depreciation Accounts Payable Salaries Payable
The Insider Trading Activity of Youngblood Kelly on Markets Insider. Indices Commodities Currencies StocksFor each account in the post-closing trial balance, enter the balance in the appropriate Balance column of a four-column account. Date the balances May 1, 20Y5, enter Balance in the Item column and enter ‘X’ in the Posting Reference column. C. Journalize each of the May transactions in a two-column journal starting on Page 5 of the …
Question: Part 7Kelly Consulting Adjusted Trial Balance May 31, 20Y8. Part 7. Kelly Consulting Adjusted Trial Balance May 31, 20Y8. Try focusing on one step at a time. You got this! Who are the experts? ... Post …COMPPRO.01.01.PART.10 Kelly Consulting Balance Sheet May 31, 20Y8 Assets Liabilities Current assets: Current liabilities: ... Kelly Consulting Post-Closing Trial Balance May 31, 20Y8 Account Title Debit Balances Credit Balances 6/19/23, 4:48 PM CengageNOWv2 ...Kelly Consulting Post-Closing Trial Balance May 31, 20Y8 Account Title Debit Balances Credit Balances 44,195 8,080 715 1,600 1,225 14,500The post-closing trial balance as of April 30, 20Y8, is shown below: Kelly Consulting Post-Closing Trial Balance April 30, 2018 Account No. Debit Credit Cash 11 22,100 Accounts Receivable 12 3,400 Supplies 14 1,350 Prepaid Rent 15 3,200 Prepaid Insurance 16 1,500 Office Equipment 18 14,500 Accumulated Depreciation 19 330 Accounts Payable 21 800 Salaries Payable 22 120 Unearned Fees 23 2,500 ...Instant Answer. EXPERT VERIFIED. Step 1/8. To prepare an adjusted trial balance for Kelby Consulting as of December 31, 20Y8, follow these steps. Note that specific …Part 2: Using the attached spreadsheet , post the journal entries from part 1 to a ledger of four- column accounts. Part 3: Prepare an unadjusted trial balance. If an amount box does not require an entry, leave it blank. Kelly Consulting Unadjusted Trial Balance May 31, 20Y8 Account Title Debit Balances Credit Balances Cash 22100 …The post-closing trial balance as of April 30, 20Y8, is shown below: Kelly Consulting Post-Closing Trial Balance April 30, 20Y8; Account No. Debit Credit; Cash: 11: 22,100: Accounts Receivable: 12: 3,400: ... May 31: Recorded cash from cash clients for fees earned for the period May 26–31, $3,300.Post-traumatic stress disorder was first described by a doctor treating patients during the Civil War. Learn about post-traumatic stress disorder. Advertisement Thirteen years afte...
Comprehensive Problem 1 Part 1: The following is a comprehensive problem which encompasses al in previous chapters. You can refer to the objectives for each cha of the concepts. Kelly Pitney began her consulting business, Kelly Consulting, on A accounts for Kelly Consulting is shown below: 11 Cash 32 Retained Earnings 12 …
Kelly Consulting Post-Closing Trial Balance April 30, 20Y8 Account No. Debit Credit Cash 11 22,100 Accounts Receivable 12 3,400. Need Help! Using the attached spreadsheet, post the journal entries from part 1 to a ledger of four-column accounts. The entries in the ledgers will not grade or mark correct or incorrect.
The following is a comprehensive problem which encompasses all of the elements learned in previous chapters. You can refer to the objectives for each chapter covered as a review of the concepts. Kelly Pitney began her consulting business, Kelly Consulting, on April 1, 20Y8. The chart of accounts for Kelly Consulting is shown below: 11. Cash. 32.Answer & Explanation. The list of all balance sheet items and their balances, with the exception of accounts with zero balances, is the Post Closing Trial Balance. It is used to confirm that temporary accounts have been closed appropriately and that all credit and debit accounts have equal balances. The final step in the accounting cycle is the ...Prepare an adjusted trial balance. If an amount box does not require an entry, leave it blank. Kelly Consulting Adjusted Trial Balance May 31, 20Y8 Account Title DebitKELLY CONSULTING Adjusted Trial Balance May 31, ... KELLY CONSULTING Post-Closing Trial Balance May 31, 20Y5 Cash 55,289 Accounts Receivable 12,300 Supplies 1,435 Prepaid Rent 1,600 Prepaid Insurance 1,200 Office Equipment 14,500 Accumulated Depreciation 660 Accounts Payable 1,295 Salaries …Question: NEED HELP Please! i have to make sure im 100% right. Part 3 is weird because it doesnt give me the option for most correct answers Kelly Consulting Post-Closing Trial Balance April 30, 20Y8 Account No. Debit Credit Cash 11 22,100 Accounts Receivable 12 3,400Post-traumatic stress disorder was first described by a doctor treating patients during the Civil War. Learn about post-traumatic stress disorder. Advertisement Thirteen years afte...Prepare a post-closing trial balance. If an amount box does not require an entry, leave it blank. ... Unformatted text preview: May 31, ... Kelly Consulting. part 01 ...30. Paid telephone bill for May, \$260. 31. Paid electricity bill for May, \$810. 31. Recorded cash from cash clients for fees earned for the period May 26−31,$3,300. 31. Recorded services provided on account for the remainder of May, $2,650. 31. Paid dividends, \$10,500. Instructions Prepare an unadjusted trial balance.
The post-closing trial balance as of April 30, 2014, is shown below: Required: Journalize each of the May transactions using Kelly Consulting's chart of accounts. (Do not insert the account numbers in the Post. Ref. column of the journal at this time.) For a compound transaction, if an amount box does not require an entry, leave it blank ...Kelly Consulting End-of-Period Spreadsheet (Work Sheet) For the Month Ended May 31, 20Y8: Unadjusted Adjustments Adjusted Income Balance Trial Balance Trial Balance Statement Sheet Account Title Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit Cash Accounts Receivable Supplies Prepaid Rent Prepaid Insurance …31 Common Stock The post-closing trial balance as of April 30, 20Y8, is shown below: Kelly Consulting Post-Closing Trial Balance April 30, 20Y8 Account No. Debit Credit Cash 11 22,100 Accounts Receivable 12 3,400 Supplies 14 1,350 Prepaid Rent 15 3,200 Prepaid Insurance 16 1,500 Office Equipment 18 14,500 Accumulated Depreciation 19 330Instagram:https://instagram. wordscapes answers all levels freeis ventura swap meet open tomorrowislands menu calories2014 f150 torque converter Unearned fees on May 31 are $3,210. Date Account Name Post. Ref. May 31 Unearned Fees Credit Debit 3,790 Fees Earned 3,790 Kelly Consulting Adjusted Trial Balance May 31, 2048 Debit Account Title Balances Cash 44,195 Accounts Receivable 8,080 Supplies 715 Credit Balances Prepaid Rent Prepaid Insurance 1,600 1,225 14,500 660 895 325 Office ... steamrefund.com legitlenscrafters montgomery al Account Title Kelly Consulting Income Statement For the Month Ended May 31, 2016 Debit Credit $40,000 Fees Earned Expenses: $1,705 Salary ... and Equipment $13,840 Total Assets $69,655 Total Liabilities and Stockholders ' Equity $69,655 Kelly Consulting Post-Closing Trial Balance ... Days' cash on hand Financial statement data for years … lake effect portage michigan E. Prepare a post-closing trial balance. If an amount box does not require an entry field, leave it blank. Company R Post-Closing Trial Balance December 31, 2019 Debit Credit Cash Accounts Receivable Miscellaneous Expense Insurance Expense Accounts Payable Salaries Payable Common Stock Dividends Adjusted Trial Balance Debit Credit Cash $47,000 13,900 Accounts Receivable Prepaid Insurance 6,200 ... Prepare an adjusted trial balance. If an amount box does not require an entry, leave it blank. Kelly Consulting Adjusted Trial Balance May 31, 20Y8 Account Title Debit