Haupt Consulting Trial Balalnce December 18, 2010.
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Accounts Receivable 1,700
Accumulated Depreciation . EQUIP.
ACCOUNTS PAYABLE 3,900.
UNEARNED SERVICE REVENUE
Carl Haupt, Capital 10,000
SERVICE REVENUE 2,500.
TOTAL: 16,400. 16,400.
DEC 21 Received $ 900. in advance for services to be performed evenly over the next 30 days.
DEC 21 Hired a secretary to be paid $1,500. on the 20th day of each month.
DEC 26 Paid $300. on account.
DEC 28 Collected $600. on account
DEC 30 Owner withdrew $1,600.
SEE FURTHER DOWN
Acct. Title DEBIT CREDIT
ACCOUNTS RECEIVABLE $1,500.
Accumulted Depreciation equip. $33.
Accumulated Dep. Furniture $60 .ACCOUNTS PAYABLE $3,600.
SALARY PAYABLE $700.
UNEARNED SERVICE REVENUE $600.
Carl Haupt Capital $10,000.
Carl Haupt WITHDRAWLS $1,600.
SERVICE REVENUE $3,200.
Heat Expense $500.
Utilities expense $200.
Salary expense $700.
Depreciation expense equip. $33.
Depreciation expense Furn. $60..
Supplies expence $200.
TOTAL: 18,193 $18,193.
Complete the accounting worksheet at December 31 st.
Journalize and post the closing entries at December 31st
Denote each closing amount as Clo. And an accounting balance as Bal.
Prepare a Classified balance sheet at December 31sst.