Question

Following information is based on ABC business for the month of April 2020: Fees earned 7,000, Cash13,000, Capital 10,000, Prepaid insurance 3,000, Salaries Expense 4,000, Advertising expense 3,000, Equipment 5,000, Loan payable 8,000, Unearned fees = ? Analysis reveals the following additional data pertaining to these accounts: a) Insurance expired for the month 1500 b) Depreciation on the equipment is 1,000 per month. c) Interest of 330/- is accrued on Loan payable. d) On fourth of unearned was earned. e) Lawn services rendered but not billed to at the end of month amounted 1,500 Required: a. Find missing figure b. Prepare corrected trial balance with suitable heading

c. Prepare adjusting entries for the month of April 2020. d. Ten column work sheet with

appropriate headings​

Answer 1

Answer in the attachment..

Answer 2

Answer:

• see the attachment for your answer.

Explanation:

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