Alert when this question is answered

× ★★★★★ GE T APP
4,500+ five-star reviews

  Textbook Solutions Expert Q&A Practice 

home / study / business / accounting / accounting questions and answers / alpha graphics company...
Find solutions for your homework
Question: Alpha Graphics Company was organized on
January 1, 2017. At the end of the rst 6 months of oper...

Alpha Graphics Company was organized on January 1, 2017. At the end of the rst 6 months of operations,
the trial balance contained the accounts shown below.
Show transcribed image text

Expert Answer

Anonymous
answered this

unts Titles and Explanations Debit

ies €                  825.0

 ies Expense

nce supplies recognised as current assets)

est Expense €                  720.0

est Accrued

est on notes payble (19,200x5monthsx9%/12)

aid insurance €              1,800.0

ance Expense

ance paid for a year will not be recognised fully expense, prepaid insurance=2700/12*8)

ce Revenue €              1,344.0

rned Service Revenue

gnised unearned service revenue)

eciation 2420

mulated Depreciation

gnised depreciation on equipment)

Credit

,582.00

360.00

944.00

900.00

800.00

586.00

825.00
 865.00

752.00

573.00

733.00

720.00

420.00

€        2,420.00

€        1,344.00

€           720.00

€     19,200.00

€        9,110.00

€     22,007.00

€     57,259.00

60.00 € 1,12,060.00

€            57,259.00

00.00

6.00

65.00

2.00

3.00

3.00

20.00

20.00

€            41,549.00

€            15,710.00
5,710.00

           8,582.00

         14,360.00

           1,800.00

               825.00

€         25,567.00

         44,944.00

€         44,944.00

€         70,511.00

         22,007.00

         15,710.00

€         37,717.00

           2,420.00

           1,344.00

               720.00

         19,200.00

           9,110.00

€         32,794.00

€         70,511.00

1 Comment

Was this answer helpful? 1

0
COMPANY

LEGAL & POLICIES

CHEGG PRODUCTS AND SERVICES

CHEGG NETWORK

CUSTOMER SERVICE

© 2003-2021 Chegg Inc. All rights reserved.