（售后服务）服务型企业业
务题答案
$50000incash,$3000insuppliesand$25
000inequipment
,$540
,$7200
,$320
$3000
$3200cashforthework.
$5800
$850
,$6800
$.
$100fromthebusinesstopayhishomeutilitybill
$2500forpersonaluse
,$380
$2000
Additionalinformationforadjustmentattheendofthemonth:
(a) RentexpenseforSeptember$1200
(b) Insuranceexpenseexpired$1000
(c) MedicalsuppliesusedinNovember$750
(d) Theaccumulateddepreciationforequipment$860
(e) Accruedsalaryofthereceptionistandassistant$2570
(f) Accruedservicerevenue$3250
Required:Journalizethetransactions;
Postthejournalentriestotheledgeraccounts;
Completetheworksheet.
Preparethefinancialstatements.
Makethejournalentryandpostthemtotheledger.
Closetheaccounts.
GeneralJournalPage1
Date AccountsandExplanation . Debit Credit
Step1 investingincashand $500
00
Cash Capital
Step1 investinginsupplies $300
0
Supplies Capital
Step1 investinginequipment $250
00
equipmen
t
Capital
Step1 Boughtsuppliesforcash, $540 supplies Cash
Prepaidtherentforsixmonth, $720
0
Prepaidr
ent
Cash
Purchasedadditionalsuppliesoncredit, $320 supplies Accounts
Payable
Prepaidtheinsurancepremiumforthreemo
nth
$300
0
Prepaid
Insuranc
Cash
e
Performedservicesandimmediatelycolle
ctedcashforthework
8$3
200
cash Service
Revenue
PaidforthesuppliespurchasedonSep3 $320 Accounts
payable
Cash
Purchasedequipmentonaccount $580
0
equipmen
t
Accounts
Payable
PerformedservicesforAdamonaccount $850 Accounts
receivab
le
Service
Revenue
CompletedprofessionalworkforVatoncre
dit,
$68
00
Accounts
receivab
le
Service
Revenue
ReceivedfromAdamfortheworkcompletedo
.
$850 cash Accounts
Receivable
Friedmanwithdrewfromthebusinesstopay
hishomeutilitybill
$100 capital Withdrawl
Withdrewforpersonaluse $250
0
capital Withdrawl
PaidtheSeptembertelephonebilloftheof
fice,
$380 Utilitie
s
expense
Cash
Madeadditionalcashinvestmentinthebus
iness
$200
0
cash Capital
Adjustin
g(a)
RentexpenseforSeptember $120
0
Rentexpe
nse
Prepaidrent
(b) Insuranceexpenseexpired $100
0
Insuranc
e
Expense
Prepaid
Insurance
(c) MedicalsuppliesusedinNovember $750 Supplies
expense
Supplies
(d) Theaccumulateddepreciationforequipme
nt
$860 Deprecia
tion
Expense
Accumulateddepr
eciation
(e) (g) Accruedsalaryofthereceptionistan
dassistant
$257
0
Salaries
expense
Salaries
Payable
(f) Accruedservicerevenue $325
0
Accounts
receivab
le
Service
Revenue
Clo.(a) 1410
0
Service
revenue
Retained
earnings
(b) 1200 Retained
Earnings
Rentexpense
2570 Retained
Earnings
Salaries
expense
1000 Retained
Earnings
Insurance
Expense
750 Retained
earnings
Supplies
Expense
860 Retained
earnings
Depreciation
Expense
380 Retained
earnings
Utilities
Expense
(c)
(d)
GeneralLedger
Cash11Capital31
50000
3200
850
2000
44610
540
7200
3000
320
380
100
2500
50000
3000
25000
2000
77400
AccountsReceivable12Withdrawal32
6800
850
3250
10500
850 100
2500
2600
Supplies13ServiceRevenue41
3000
540
750 3200
850
320
3110
3250
6800
14100
Equipment14RentExpense51
25000
5800
30800
1200
1200
AccumulatedDepreciation15SalariesExpense52
860
860
2570
2570
PrepaidRent16InsuranceExpense53
7200
6000
1200 1000
1000
PrepaidInsurance17SuppliesExpense54
3000
2000
1000 750
750
AccountsPayable21DepreciationExpe
nse54
320 320
5800
5800
860
860
SalariesPayable22UtilitiesExpense56
2570
2570
380
380
TheIncomeSummary
14100 1200
2570
1000
750
860
380
7340
WorkSheet
TrialBalanc
e
Adjustments
IncomeStatemen
t
BalanceSheet
AccountTitle
Debi Cred Debi Cred Debit Credit Debit Credi
t it t it t
Cash 4461
0
44610
AccountsReceivable 6800 3250 10050
PrepaidRent 7200 1200 6000
PrepaidInsurance 3000 1000 2000
Supplies 386
0
750 3110
Equipment 3080
0
30800
AccumulatedDepreciat
ion
860 860
AccountsPayable 5800 5800
SalariesPayable 2570 2570
Capital 7740
0
77400
Withdrawals 2600 2600
ServiceRevenue 108
50
3250 14100 14100
RentExpense 1200 1200 1200
SalariesExpense 2570 2570 2570
InsuranceExpense 1000 1000 1000
SuppliesExpenses 750 750 750
DepreciationExpense 860 860 860
UtilitiesExpense 380 380 380
Total 9665
0
9665
0
9630 9630 6760 14100 10333
0
10333
0
NetIncome 7340
Friedman
TheIncomeStatement
ForthemonthofSeptember
Revenue:
Servicerevenue 14100
Expense:
Salaryexpense 2570
Depreciationexpense 860
Rentexpense 1200
Insuranceexpense 1000
Suppliesexpense 750
Utilitiesexpense 380
netincome 7340
Friedman
TheStatementofOwner’sEquity
ForthemonthofSeptember
Retainedearnings,september1, 0
Add:Netincome 7340
Retainedearnings,septembe30, 7340
Friedman
TheBalanceSheet
November30
Assets:
Cash
Lesswithdrawl
44610
(2600)
Accountsreceivable 10050
Supplies 3110
Equipment 30800
Prepaidrent 6000
Prepaidinsurance 2000
LessAccumulateddepreciation (860)
TotalAssets: 93110
LiabilitiesandOwner’sEquity
Accountspayable 5800
Salariespayable 2570
Capital
Retainedearnings
77400
7340
TotalLiabilitiesandCapital 93110
