Reynaldo gulane cleaners
Trial balnce
Sept 30.2011

Cash-dr.117,800
A/R-dr.264,940
Preapaid insurance-dr.34,000
Cleaning supp.-dr.73,740
Land-dr.180,000
Building-1,850,000
Accumulated depreciation-building-cr.456,000
A/P-cr.204,000
Unearned cleaning revenues-cr.16,000
Mortrage payable-cr.1,100,000
Gulane,capital-cr.565,600
Gulane,withdrawals-dr.100,000
Cleaning revenues-cr.1,576,340
Salaries expense-dr.1,013,000
Cleaning equipment rental expense-dr.60,000
Delivery truck expense-dr.43,740
Interest expense-dr.110,000
Other expense-dr.70,340
Total for debits(dr.)=3,917,940
Total for credits(cr.)=2,917,940

A. A review of insurance policies showed that 6,800 is unexpired at the year-end.
B. An inventory of cleaning supplies showed 12,440 on hand.
C. Estimated depreciation on the building for the year is 128,000.
D. Accrued interest on the mortgage payable is 10,000
E. On sept.1 ,the company signed a contract ,effectively immediately ,with davao city hospital to dry clean ,for a fixed monthly charge of 4000 ,the uniforms uesd by doctors in surgerr .the hospital paid for four months' service in advance.
F. Salaries are paid on saturdays .the weekly payroll is 25,200 .september 30 falls on a Thursday and the company has a six-day pay week.

Pla help me with this







Reynaldo gulane cleaners
Trial balnce
Sept 30.2011

Cash-dr.117,800
A/R-dr.264,940
Preapaid insurance-dr.34,000
Cleaning supp.-dr.73,740
Land-dr.180,000
Building-1,850,000
Accumulated depreciation-building-cr.456,000
A/P-cr.204,000
Unearned cleaning revenues-cr.16,000
Mortrage payable-cr.1,100,000
Gulane,capital-cr.565,600
Gulane,withdrawals-dr.100,000
Cleaning revenues-cr.1,576,340
Salaries expense-dr.1,013,000
Cleaning equipment rental expense-dr.60,000
Delivery truck expense-dr.43,740
Interest expense-dr.110,000
Other expense-dr.70,340
Total for debits(dr.)=3,917,940
Total for credits(cr.)=2,917,940

A. A review of insurance policies showed that 6,800 is unexpired at the year-end.
B. An inventory of cleaning supplies showed 12,440 on hand.
C. Estimated depreciation on the building for the year is 128,000.
D. Accrued interest on the mortgage payable is 10,000
E. On sept.1 ,the company signed a contract ,effectively immediately ,with davao city hospital to dry clean ,for a fixed monthly charge of 4000 ,the uniforms uesd by doctors in surgerr .the hospital paid for four months' service in advance.
F. Salaries are paid on saturdays .the weekly payroll is 25,200 .september 30 falls on a Thursday and the company has a six-day pay week.

A. You need transfer the difference between your Prepaid Insurance account balance and the amount that is unexpired at year-eand to Insurance Expense.

B. You need to transfer the difference between your Cleaning Supplies account balance and the actual inventory amount of cleaning supplies to Cleaning Supplies Expense.

C. This amount is your Depreciation Expense and Accumulated Depreciation for the year.

D. This is your Interest Payable and Interest Expense for the year.

E. You need to calculate 4 months of charges (4 * 4,000), This is cash received and is Unearned Revenue.

F. First you need to calculate 4 days of salaries (25,200 * 4/6). This amount is Salaries Expense and Salaries Payable.