The difference between the totals that the debit and credit columns of the changed TrialBalance columns on a work-related sheet


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The amount of the credits over the amount of the debits in the income Statementcolumns top top the work sheet.
The work-related sheet at the finish of September has actually $4,000 in the Balance paper credit obelisk for collected Depreciation. The occupational sheet in ~ the end of October has actually $4,750 in the Balance paper credit obelisk for gathered Depreciation. What to be the lot of the depreciation price adjustment because that the month that October?
After every one of the account balances have been expanded to the Balance sheet columns the the work-related sheet, the totals the the debit and also credit columns are $25,250 and also $21,825, respectively. What is the lot of net earnings or net loss because that the period?
After every one of the account balances have actually been prolonged to the income Statement columns the the work-related sheet, the totals that the debit and credit columns are $87,500 and $98,300, respectively. What is the amount of the net earnings or net loss for the period?
On October 1, the agency pays rent for twelve month in breakthrough and debits an legacy account. In ~ year end, the adjusting entrance on the job-related sheet would
On respectable 1, a company collects revenue in advance for the next twelve months and credits a legal responsibility account. The adjusting entry at year finish on the work-related sheet would
the critical day that the accounting period, although they space actually journalized ~ the end of the accountancy period
Which that the complying with accounts will be closed to the funding account in ~ the finish of the fiscal year?
The complying with accounts to be taken indigenous the adjusted Trial Balance columns of the occupational sheet:Accumulated Depreciation$ 2,000Fees Earned15,000Depreciation Expense1,000Insurance Expense500Prepaid Insurance4,500Supplies1,200Supplies Expenses3,500
A an overview of selected ledger accounts show up below for Ted"s Auto services for the 2005 calendar year end. Ted, Capital12/317,0001/15,00012/3117,000 Ted, Drawing6/302,00012/317,00011/305,000 earnings Summary12/3115,00012/3132,00012/3117,000 Net earnings for the period is
ordinarily begins on the first day that a month and also ends ~ above the critical day that the adhering to twelfth month
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