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Question: Complete the work sheet for Ramey Company,

Complete the work sheet for Ramey Company, dated December 31, 20--, through the adjusted trial balance using the following adjustment information: a. Expired or used-up insurance, $460. b. Depreciation expense on equipment, $870. (Remember to credit the Accumulated Depreciation account for equipment, not Equipment.) c. Wages accrued or earned since the last payday, $120 (owed and to be paid on the next payday). d. Supplies remaining, $80.
Complete the work sheet for Ramey Company, dated December 31, 20--, through the adjusted trial balance using the following adjustment information:
a. Expired or used-up insurance, $460.
b. Depreciation expense on equipment, $870. (Remember to credit the Accumulated Depreciation account for equipment, not Equipment.)
c. Wages accrued or earned since the last payday, $120 (owed and to be paid on the next payday).
d. Supplies remaining, $80.





Transcribed Image Text:

D G 1 Ramey Company Work Sheet For Month Ended December 31, 20- 4 5 TRIAL BALANCE ADJUSTMENTS ADJUSTED TRIAL BALANCE 6 ACCOUNT NAME DEBIT CREDIT DEBIT CREDIT DEBIT CREDIT 7 Cash 5,190.00 8 Supplies Prepaid Insurance Equipment Accumulated. Depr., Equip. Accounts Payable 430.00 1,200.00 4,678.00 10 11 1,556.00 1,875.00 12 13 S. Ramey, Cepital S. Ramey, Drawing 6,026.00 14 1,700.00 15 Service Fees 5,836.00 16 Rent Expense 965.00 17 Supplies Expense 26700 18 765.00 Wages Expense Miscellaneous Expense 98.00 19 20 21 15,293.00 15,293.00 Sheet1 Sheet2 Sheet3 II


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