Score:
Key Code:
An asterisk (*) will appear to the right of an incorrect entry.
1. Account Debit Credit
a.
b.
c.
d.
e.
2.
are a planned part of the accounting
process.
are not planned but arise only when
necessary to correct errors.
Answers are entered in the cells with gray backgrounds.
Cells with non-gray backgrounds are protected and cannot be edited.
0%
[Key code here]
Instructions
Problem 3-1A
Name:
Section:
Score:
1. Account Debit Credit
a. Supplies Expense 4,330
Supplies 4,330
b. Unearned Rent 1,250
Rent Revenue 1,250
2.
Adjusting entries are a planned part of the accounting
process.
Cells with non-gray backgrounds are protected and cannot be edited.
An asterisk (*) will appear to the right of an incorrect entry.
ON
Instructions
Answers are entered in the cells with gray backgrounds.
Problem 3-1A
Name:
Section:
Score:
Key Code:
An asterisk (*) will appear to the right of an incorrect entry.
1. Account Debit Credit
a.
b.
c.
d.
e.
2.
are a planned part of the accounting
process.
are not planned but arise only when
necessary to correct errors.
Problem 3-1B
Name:
Section:
Answers are entered in the cells with gray backgrounds.
Cells with non-gray backgrounds are protected and cannot be edited.
0%
[Key code here]
Instructions
Score:
1. Account Debit Credit
a. Accounts Receivable 19,750
Fees Earned 19,750
b. Supplies Expense 8,150
Supplies 8,150
2.
Adjusting entries are a planned part of the accounting
process.
Problem 3-1B
Name:
Section:
Cells with non-gray backgrounds are protected and cannot be edited.
An asterisk (*) will appear to the right of an incorrect entry.
ON
Instructions
Answers are entered in the cells with gray backgrounds.
Score:
Key Code:
An asterisk (*) will appear to the right of an incorrect entry.
In the trial balance, enter a zero in cells you would otherwise leave blank.
1. Account Debit Credit
a.
b.
c.
d.
e.
f.
g.
2.
Debit Credit
Cash
Accounts Receivable
Prepaid Insurance
Supplies
Land
Building
Accumulated Depreciation – Building
Equipment
Accumulated Depreciation – Equipment
Accounts Payable
Unearned Rent
Salaries and Wages Payable
Common Stock
Retained Earnings
Instructions
Answers are entered in the cells with gray backgrounds.
Cells with non-gray backgrounds are protected and cannot be edited.
Adjusted Trial Balance
August 31, 2016
Problem 3-5A
Name:
ROWLAND COMPANY
Section:
0%
[Key code here]
Dividends
Fees Earned
Rent Revenue
Salaries and Wages Expense
Utilities Expense
Advertising Expense
Repairs Expense
Depreciation Expense – Building
Depreciation Expense – Equipment
Insurance Expense
Supplies Expense
Miscellaneous Expense
Score:
In the trial balance, enter a zero in cells you would otherwise leave blank.
1. Account Debit Credit
a. Insurance Expense 1,200
Prepaid Insurance 1,200
b. Supplies Expense 1,500
Supplies 1,500
2.
Debit Credit
Cash 7,500 –
Accounts Receivable 49,730 –
Prepaid Insurance 6,000 –
Supplies 480 –
Land 112,500 –
Building 150,250 –
Answers are entered in the cells with gray backgrounds.
Cells with non-gray backgrounds are protected and cannot be edited.
An asterisk (*) will appear to the right of an incorrect entry.
Adjusted Trial Balance
August 31, 2016
Problem 3-5A
Name:
Solution
ROWLAND COMPANY
Section:
ON
Instructions
Fees Earned – 335,930
Rent Revenue – 5,200
Salaries and Wages Expense 196,570 –
Utilities Expense 42,375 –
Advertising Expense 22,800 –
Repairs Expense 17,250 –
Score:
Key Code:
An asterisk (*) will appear to the right of an incorrect entry.
In the trial balance, enter a zero in cells you would otherwise leave blank.
1. Account Debit Credit
a.
b.
c.
d.
e.
f.
g.
2.
Debit Credit
Cash
Accounts Receivable
Prepaid Insurance
Supplies
Land
Building
Accumulated Depreciation – Building
Equipment
Accumulated Depreciation – Equipment
Accounts Payable
Unearned Rent
Salaries and Wages Payable
Common Stock
Retained Earnings
[Key code here]
Instructions
Answers are entered in the cells with gray backgrounds.
Cells with non-gray backgrounds are protected and cannot be edited.
Adjusted Trial Balance
July 31, 2016
Problem 3-5B
Name:
REECE FINANCIAL SERVICES CO.
Section:
0%
Dividends
Fees Earned
Rent Revenue
Salaries and Wages Expense
Utilities Expense
Advertising Expense
Depreciation Expense – Building
Repairs Expense
Insurance Expense
Depreciation Expense – Equipment
Supplies Expense
Miscellaneous Expense
Score:
In the trial balance, enter a zero in cells you would otherwise leave blank.
1. Account Debit Credit
a. Depreciation Expense – Building 6,400
Accumulated Depreciation – Building 6,400
b. Depreciation Expense – Equipment 2,800
Accumulated Depreciation – Equipment 2,800
c. Salaries and Wages Expense 900
Salaries and Wages Payable 900
2.
Debit Credit
Cash 10,200 –
Accounts Receivable 44,950 –
Prepaid Insurance 1,500 –
Supplies 615 –
Land 50,000 –
Building 155,750 –
Accumulated Depreciation – Building – 69,250
Instructions
Answers are entered in the cells with gray backgrounds.
Cells with non-gray backgrounds are protected and cannot be edited.
An asterisk (*) will appear to the right of an incorrect entry.
Adjusted Trial Balance
July 31, 2016
Problem 3-5B
Name:
Solution
REECE FINANCIAL SERVICES CO.
Section:
ON
Fees Earned – 168,800
Rent Revenue – 3,300
Salaries and Wages Expense 57,750 –
Utilities Expense 14,100 –
Advertising Expense 7,500 –
Depreciation Expense – Building 6,400 –
Repairs Expense 6,100 –
Score:
Key Code:
An asterisk (*) will appear to the right of an incorrect entry.
In the table, enter a zero in cells you would otherwise leave blank.
1. Account Debit Credit
a.
b.
c.
d.
2.
= +
Reported amounts
Corrections:
Adjustment (a)
Adjustment (b)
Adjustment (c)
Adjustment (d)
Corrected amounts
Cells with non-gray backgrounds are protected and cannot be edited.
0%
[Key code here]
Instructions
Total
Stockholders’
Equity
Net
Income
Total
Assets
Total
Liabilities
Problem 3-6A
Name:
Section:
Answers are entered in the cells with gray backgrounds.
Score:
In the table, enter a zero in cells you would otherwise leave blank.
1. Account Debit Credit
a. Supplies Expense 2,750
Supplies 2,750
b. Accounts Receivable 23,700
Fees Earned 23,700
2.
= +
Reported amounts 120,000$ 750,000$ 300,000$ 450,000$
Corrections:
Adjustment (a) (2,750) (2,750) – (2,750)
Adjustment (b) 23,700 23,700 – 23,700
An asterisk (*) will appear to the right of an incorrect entry.
ON
Instructions
Answers are entered in the cells with gray backgrounds.
Net
Income
Total
Assets
Total
Liabilities
Total
Stockholders’
Equity
Problem 3-6A
Name:
Solution
Section:
Cells with non-gray backgrounds are protected and cannot be edited.
Score:
Key Code:
An asterisk (*) will appear to the left of an incorrect entry.
In the table, enter a zero in cells you would otherwise leave blank.
1. Account Debit Credit
a.
b.
c.
d.
2.
= +
Reported amounts
Corrections:
Adjustment (a)
Adjustment (b)
Adjustment (c)
Adjustment (d)
Corrected amounts
0%
[Key code here]
Instructions
Answers are entered in the cells with gray backgrounds.
Total
Stockholders’
Equity
Net
Income
Total
Assets
Total
Liabilities
Problem 3-6B
Name:
Section:
Cells with non-gray backgrounds are protected and cannot be edited.
Score:
Key Code:
In the table, enter a zero in cells you would otherwise leave blank.
1. Account Debit Credit
a. Accounts Receivable 31,900
Fees Earned 31,900
b. Depreciation Expense 7,500
Accumulated Depreciation 7,500
2.
= +
Reported amounts 112,500$ 650,000$ 225,000$ 425,000$
Corrections:
Adjustment (a) 31,900 31,900 – 31,900
Adjustment (b) (7,500) (7,500) – (7,500)
ON
Instructions
Answers are entered in the cells with gray backgrounds.
Cells with non-gray backgrounds are protected and cannot be edited.
Net
Income
Total
Assets
Total
Liabilities
Total
Stockholders’
Equity
Problem 3-6B
Name:
Solution
Section:
An asterisk (*) will appear to the left of an incorrect entry.