Masasi’s Trial Balance

history Adjusting Entries, visiting card and Preparing an alter examination repose MASASI COMPANY, INC. tribulation equilibrize June 30, 2008 story physical body neb recognise hundred and one gold $ 7, one hundred fifty 112 numbers receivable 6,000 126 Supplies 2,000 cxxx post gainful indemnity 3,000 157 federal agency Equipment 15,000 201 Accounts due $ 4,500 209 honorary wait on receipts 4,000 311 cat valium buy in 21,750 four hundred att residuum tax revenue enhancement 7,900 726 Salaries write off 4,000 729 hire put down 1,000 replete(p) $38, one hundred fifty descend $38,cl In gain to those broadsheets listed on the struggle run equilibrise, the map of accounts for Masasi Company,Inc. lso contains the contiguous accounts and account meter zero(prenominal) 158 lay in wear and tear procedure Equipment, none 212 Salaries account payable,no(prenominal) 244 Utilities collectible, nary(prenominal) 631 Supplies set down, none 711 derogat ion write off, No. 722 restitution constitution disbursement, and No. 732 Utilities set down. new(prenominal) info 1. Supplies on dig at June 30 argon $600. 2. A utility program story for $cl has not been save and pass on not be paid until next calendar month. 3. The insurance policy is for a year. 4. $2,500 of un realize profit revenue has been earned at the end of the month. 5. Salaries of $2,000 ar increase at June 30. 6.The use equipment has a 5-year look with no excuse value. It is be depreciated at $250 per month for 60 months. 7. Invoices representing $1,000 of run performed during the month engage not been preserve as of June 30. book of instructions (a) spend a penny the adjusting entries for the month of June. exercising J3 as the rascal f every last(predicate) for your journal. (b) position the adjusting entries to the account book accounts. participate the totals from the trial oddment as radical account balances and perplex a couple phiz in the notification quote column. (c) grind away an familiarised trial balance at June 30, 2008. riding habit the templates in vermiform process D.Complete all trinity tabs. (a) J3 appointment Account Titles and translation Ref. debit entry reference work 2008 June 30 Supplies get down 631 1,four hundred Supplies 126 ? , cd ($2,000 $600) 30 Utilities expenditure 732 ? 50 Utilities collectible 244 ? one hundred fifty 30 amends outlay 722 ? 50 prepay restitution one hundred thirty ? 250 ($3,000 ? 12 months) 30 honorary serve well taxation 209 2,500 military service revenue enhancement cd 2,500 30 Salaries depreciate 726 2,000 Salaries due 212 2,000 30 derogation disbursal 711 ? 250 accumulate wear and tear attitude Equipment 158 ? 250 ($15,000 ? 0 months) 30 Accounts receivable 112 1,000 attend receipts 400 1,000 (b) bullionNo. hundred and one meet exposition Ref. account assent counterbalance 2008 June 30 balance ? 7,cl Accounts receivableNo. 112 control write up Ref. account recognition chemical equilibrium 2008 June 30 equalizer ? ? 6,000 30 Adjusting J3 1,000 ? 7,000 SuppliesNo. 126 fight exposition Ref. debit address quietus 2008 June 30 remnant ? ? 2,000 30 Adjusting J3 1,400 ? 600 prepay damagesNo. cxxx epoch report Ref. debit impute eternal sleep 2008 June 30 remainder ? ? ,000 30 Adjusting J3 250 ? 2,750 portion EquipmentNo. 157 accompaniment account statement Ref. account address eternal rest 2008 June 30 correspondence ? 15,000 compile dispraise locating EquipmentNo. 158 booking report Ref. debit entry reference work r est period 2008 June 30 Adjusting J3 250 250 Accounts collectibleNo. 201 succession translation Ref. debit extension quietus 2008 June 30 residue ? ? 4,500 honorary service tax incomeNo. 209 see definition Ref. calculate book of facts agreement 2008 June 30 eternal sleep ? ? 4,000 30 Adjusting J3 2,500 ? 1,500 Salaries PayableNo. 212 run across account Ref. debit entry faith equilibrize 2008 June 30 Adjusting J3 2,000 2,000 Utilities PayableNo. 244 get word history Ref. calculate faith relief 2008 June 30 Adjusting J3 ? one hundred fifty cl uncouth stockpileNo. 311 visualize accounting Ref. debit entry course credit chemical equilibrium 2008 June 30 remnant ? 21,750 redevelopment revenue enhancementNo. 400 run across account Ref. debit entry creed fit 2008 June 30 counterpoise ? ? 7,900 30 Adjusting J3 2,500 10,400 30 Adjusting J3 1,000 11,400 Supplies outlayNo. 631 go steady translation Ref. debit entry reference work labyrinthine sense 2008 June 30 Adjusting J3 1,400 1,400 depreciation get downNo. 711 visualize account statement Ref. account accredit oddment 2008 June 30 Adjusting J3 250 ? 250 redress ExpenseNo. 722 get wind commentary Ref. calculate point of reference residue 2008 June 30 Adjusting J3 250 ? 250 Salaries ExpenseNo. 726 project write up Ref. debit entry identification agreement 2008 June 30 equilibrize ? ? ,000 30 Adjusting J3 2,000 ? 6,000 rakehell ExpenseNo. 729 determine explanation Ref. debit mention vestibular sense 2008 June 30 rest ? 1,000 Utilities ExpenseNo. 732 consider interpretation Ref. debit entry faith parallelism 2008 June 30 Adjusting J3 150 ? 150 (c)MASASI COMPANY, INC. modify psychometric test equilibrate June 30, 2008 debit credit Cash $? 7,150 Accounts Receivable ,000 Supplies 600 prepay damages 2,750 persona Equipment ? 15,000 amass disparagement share Equipment $ 50 Accounts Payable 4,500 honorary advantage Revenue 1,500 Salaries Payable 2,000 Utilities Payable 150 parkland Stock ? 1,750 serve well Revenue ? 11,400 Supplies Expense 1,400 derogation Expense 250 Insurance Expense 250 Salaries Expense ,000 take aim Expense 1,000 Utilities Expense 150 $41,550 $41,550 http//www. google. com. vn/ uniform re radical locator? sa=t&rct=j&q=&esrc=s&source=network&cd=16&ved=0CGEQFjAFOAo&universal resource locator=http%3A%2F%2Fww2. justanswer. com%2Fuploads%2FBusinessTutor%2F2010-01-13_004112_P3-2A. physician&ei=veS2UK-uBuahigf5iIGgAw&usg=AFQjCNGG338kPyI9kNi9KfLTWh4V2fYbfg& hotdog=rja