Nama : Elriska Tiffani

Kelas : EA-D
NIM: 142200111

Tugas 7
BE4-1 The steps in using a worksheet are presented in random order below. List the steps in the proper order by placing nu
(a) 1 Prepare a trial balance on the worksheet.
(b) 3 Enter adjusted balances.
(c) 4 Extend adjusted balances to appropriate statement columns.
(d) 5 Total the statement columns, compute net income (loss), and complete the worksheet.
(e) 2 Enter adjustment data.

E4-1 The trial balance columns of the worksheet for Lim Company, Ltd. at June 30, 2017, are as follows (in thousands).

Other data:
1. A physical count reveals HK$460,000 of supplies on hand.
2. HK$100,000 of the unearned revenue is still unearned at month-end.
3. Accrued salaries are HK$250,000.
Instructions
Enter the trial balance on a worksheet and complete the worksheet.

LIM COMPANY, LTD.

Worksheet
For the Month Ended June 30, 2017
Account Titles Trial Balance Adjustments Adjustment Trial
Balance
Dr. Cr. Dr. Cr. Dr. Cr.
Cash 4120 4120
Account Receivable 2640 2640
Supplies 1900 1440 460
Account Payable 1120 1120
Unearned Service Revenue 240 140 100
 Share Capital-Ordinary 5000 5000
Service Revenue 3400 140 3540
Salaries and Wages Expense 860 250 1110
Miscellaneous Expense 240 240
9760 9760
Supplies Expense 1440 1440
Salaries and Wages Payable 250 250
Net Income 1830 1830 10010 10010
Totals
E4-2 The adjusted trial balance columns of the worksheet for Albanese Company, SpA are as follows.

Instructions
Complete the worksheet.

ALBANESE COMPANY, SpA

Worksheet
For the Month Ended April 30, 2017
Account Titles Trial Balance Income Statement Statement of
Financial Position
Dr. Cr. Dr. Cr. Dr. Cr.
Cash 7442 7442
Account Receivable 7840 7840
Prepaid Rent 2280 2280
Equipment 23000 23000
Accumulated Depreciation-Equip 4800 4800
Notes Payable 5700 5700
Account Payable 5672 5672
Share Capital-Ordinary 22000 22000
Retained Earnings 4000 4000
Devidends 3000 3000
Service Revenue 12590 12590
Salaries and Wages Expense 9840 9840
Rent Expense 760 760
 Depreciation Expense 600 600
Interest Expense 57 57
Interest Payable 57 57
Totals 54819 54819 11257 12590 43562 42229
1333 1333
12590 12590 43562 43562
E4-5 The adjustments columns of the worksheet for Munoz Company SA are shown on the next page.

Instructions
(a) Prepare the adjusting entries.
(b) Assuming the adjusted trial balance amount for each account is normal, indicate the fi nancial statement column

a. Account Receivable 1100

Service Revenue 1100
Insurance Expense 400
Prepaid Insurance 400
Depreciation Expense 900
Accumulated Depreciation-Equipment 900
Salaries and Wages Expense 500
Salaries and Wages Payable 500

b. Income Statement Balance Sheet

Account Title
Dr. Cr. Dr. Cr.
Account Receivable v
Prepaid Insurance v
Accumulated Depreciation v
Salaries and Wages Payable v
Service Revenue v
Insurace Expense v
Depreciation Expense v
Salaries and Wages Expense v

E4-6 Selected worksheet data for Zugi Company, SJSC are presented below
 Instructions
(a) Fill in the missing amounts.
(b) Prepare the adjusting entries that were made.

a. Account Receivable (34000-7000 = 27000)

Supplies (7000-4700 = 2300)
Accumulated Depreciation-Equipment (12000+10000 = 22000)
Salaries and Wages Payable (0)
Insurance Expense (26000-18000 = 8000)
Salaries and Wages Expense (49000-5000 = 44000)

b. Account Receivable 7000

Service Revenue 7000
Insurance Expense 8000
Prepaid Insurance 8000
Supplies Expense 4700
Supplies 4700
Depreciation Expense 10000
Accumulated Depreciation-Equipment 10000
Salaries and Wages Expense 5000
Salaries and Wages Payable 5000

E4-7 Lanza Company, SA had the following adjusted trial balance.

Instructions
(a) Prepare closing entries at June 30, 2017.
(b) Prepare a post-closing trial balance.

a. Service Revenue 4300

Income Summary 4300
Income Summary 2724
 Salaries and Wages Expense 1344
Miscellaneous Expense 180
Supplies Expense 1200
Income Summary 1576
Retained Earnings 1576
Retained Earnings 300
Devidens 300

b. LANZA COMPANY, SA
Post-Closing Trial Balance
For the Month Ended June 30, 2017
Account Titles Debit Credit
Cash 3712
Account Receivable 2904
Supplies 480
Account Payable 1056
Salaries and Wages Payable 244
Unearned Service Revenue 160
Share Capital-Ordinary 3000
Retained Earnings 2636
7096 7096
the proper order by placing numbers 1–5 in the blank spaces.

re as follows (in thousands).

Income Statement Statement of

Financial Position
Dr. Cr. Dr. Cr.
4120
2640
460
1120
100
 5000
3540
1110
240

1440
250
2790 3540 7220 6470
750 750
3540 3540 7220 7220
e fi nancial statement column to which each balance should be extended.