Intermediate 2 Finals Exam Review

(TCO B) Adjusting Entries: unearned roue at 1/1/10 was $7000 and at 12/31/10 was $6,500. The records point capital put across from rental sources during 2010 numerateed to $60,000, each(prenominal) of which was assign to the unearned engage Account. You ar to put to constricther the look out over adjusting entry. bills Receipts $60,000 woo Bal $7,000 final stage Bal ($6,500) shoot rpm $60,500 honorary remove DR $60,500 Rent revenue enhancement CR $60,500   (TCO B) Adjusting Entries: Unearned rent at 1/1/10 was $5,300 and at 12/31/10 was $9,000. The records indicate money receipts from rental sources during 2010 amounted to $40,000, all of which was credited to the Unearned Rent Account. You be to prep be the absent adjusting entry. Cash receipts $40,000 Beg Bal $5,300 Ending Bal ($9,000) Unearned Rent Dr $36,300 Rent Rev CR $36,300 (TCO B) Adjusting Entries: selective discipline relating to the balances of various themes moved(p) by adjusting or death entries get along below. (The entries which caused the changes in the balances are non given.) You are asked to return the missing journal entries which would logically story for the changes in the compute balances. ( juncture receivable at 1/1/10 was $5,000.

During 2010 cash received from debtors for interest on big notes receivable amounted to $8,000. The 2010 income record showed interest revenue in the amount of $8,900. You are to come through the missing adjusting entry that must(prenominal) score been made, assuming reversing entries are not made. Int. Receivable DR $5,900 Int. revenue CR, $5,900   (TCO B) Adjusting Entries: Data relating to the balances of various accounts affected by adjusting or closing entries appear below. (The entries which caused the changes in the balances are not given.) You are asked to supply the missing journal entries which would logically account for the changes in the account balances. Interest receivable at 1/1/10 was $1,100. During 2010 cash...If you lack to get a full essay, order it on our website: Ordercustompaper.com

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