Questions from Financial Accounting


Q: The unadjusted trial balance of Farish Investment Advisers at December 31,

The unadjusted trial balance of Farish Investment Advisers at December 31, 2018, follows: Adjustment data at December 31, 2018: a. Unearned Revenue earned during the year, $800. b. Office Supplies o...

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Q: The records of Felix Company show the following at December 31,

The records of Felix Company show the following at December 31, 2018: Requirements: 1. Compute the missing amount for Felix Company. You will need to determine Retained Earnings, December 31, 2018,...

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Q: The unadjusted trial balance of Walton Anvils at December 31, 2018

The unadjusted trial balance of Walton Anvils at December 31, 2018, and the data for the adjustments follow: Adjustment data: a. Unearned Revenue still unearned at December 31, $1,800. b. Prepaid Re...

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Q: On December 1, Bob Waldo began an auto repair shop,

On December 1, Bob Waldo began an auto repair shop, Waldo’s Quality Automotive. The following transactions occurred during December: The business uses the following accounts: Cash;...

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Q: The unadjusted trial balance and adjustment data of Martha’s Motors at December

The unadjusted trial balance and adjustment data of Martha’s Motors at December 31, 2018, follow: Adjustment data at December 31, 2018: a. Depreciation on equipment, $2,100. b. Acc...

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Q: Adjusted trial balance of Rocket Real Estate Appraisal at June 30,

Adjusted trial balance of Rocket Real Estate Appraisal at June 30, 2018, follows: Requirements: 1. Prepare the company’s income statement for the year ended June 30, 2018. 2. Prepa...

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Q: The adjusted trial balance of Bradley Irrigation System at December 31,

The adjusted trial balance of Bradley Irrigation System at December 31, 2018, follows: Requirements: 1. Prepare the company’s income statement for the year ended December 31, 2018....

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Q: The unadjusted trial balance of Fleming Investment Advisers at December 31,

The unadjusted trial balance of Fleming Investment Advisers at December 31, 2018, follows: Adjustment data at December 31, 2018: a. Unearned Revenue earned during the year, $700. b. Office Supplies...

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Q: The unadjusted trial balance of Watson Anvils at December 31, 2018

The unadjusted trial balance of Watson Anvils at December 31, 2018, and the data for the adjustments follow: Adjustment data: a. Unearned Revenue still unearned at December 31, $3,600. b. Prepaid Re...

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Q: On December 1, Curt Wilson began an auto repair shop,

On December 1, Curt Wilson began an auto repair shop, Wilson’s Quality Automotive. The following transactions occurred during December: The business uses the following accounts: Ca...

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