just arrange them in the order of a charts account! there 12 twelve, not just like the 8 in the picture
Homework Answers
| Chart of Account | |
| 1 | Cash |
| 2 | Accounts Receivable |
| 3 | Supplies |
| 4 | Prepaid Insurance |
| 5 | Accounts Payable |
| 6 | Deffered Revenue |
| 7 | Common Stock |
| 8 | Retained Earnings |
| 9 | Dividend Declared |
| 10 | Service Revenue |
| 11 | Salary Expenses |
| 12 | Income Tax Expenses |
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just arrange them in the order of a charts account!
there 12 twelve, not just like...
The adjusted trial balance for Pl Detectives reported the following account balances: Accounts Receivable $590; Supplies...
The adjusted trial balance for Pl Detectives reported the following account balances: Accounts Receivable $590; Supplies $9,900; Prepaid Insurance $8,100; Equipment $32,500; Accumulated Depreciation $4,900; Accounts Payable $290; Deferred Revenue $5,900; Notes Payable $3,900; Common Stock $26,500; Retained Earnings $6,600; Dividends $3,900; Service Revenue $38,300; Salaries and Wages Expense $24,500; and Depreciation Expense $1,000. Prepare an adjusted trial balance as of December 31, and solve for its missing Cash balance. PIDETECTIVES Adjusted Trial Balance As of December 31 Debit Credit...
Following are the general ledger account balances, listed in alphabetical order Accounts payable Accounts receivable Accumulated...
Following are the general ledger account balances, listed in alphabetical order Accounts payable Accounts receivable Accumulated depreciation-equipment 3,700 Rent expense Cash Common shares Dividends declared Equipment s 3,000 Held for trading investments 5,600 400 900 11,720 3,700 6,020 160 4,000 Income tax expense 2,400 Retained earnings 9,100 Salaries expense 300 Service revenue 16,400 Unearned revenue Identify the normal balance of each account. Normal Balance Accounts payable Accounts receivable Accumulated depreciation-equipment Cash Common shares Dividends declared Equipment Held for trading investments...
JUI Yuu Below are account balances of Ducks Company at the end of September. Accounts Balances...
JUI Yuu Below are account balances of Ducks Company at the end of September. Accounts Balances Accounts Cash $20,500 Retained Earnings Accounts Receivable 13,100 Dividends Supplies 6,100 Service Revenue Prepaid Insurance 4,100 Salaries Expense Equipment 23,500 Insurance Expense Accounts Payable 6,100 Advertising Expense Salaries Payable 3,100 Supplies Expense Utilities Payable 1,100 Entertainment Expense Deferred Revenue 8,100 Utilities Expense Common Stock 24,500 Balances $12,100 3,100 ? 8,100 7,100 1,100 9,100 5,100 1,100 Required: Prepare a trial balance by placing amounts in...
The following is a list of accounts, in alphabetical order, for Sheridan, Inc. at July 31,...
The following is a list of accounts, in alphabetical order, for Sheridan, Inc. at July 31, 2018: Accounts payable Accounts receivable Accumulated depreciation-equipment Bank loan payable, due 2020 Cash Common shares Depreciation expense Dividends declared Equipment Held for trading investments $9,800 14,300 21,300 38,300 Prepaid insurancee 13,500 Rent expense 38,000 $3,000 1,800 3,700 100 8,700 10,200 20,300 24,700 800 77,900 Income tax expense Insurance expense Interest expense Repairs and maintenance expense 9,500 Retained earnings 800 Salaries expense 98,100 Salaries payable...
What would the income statement and balance sheet look like for this problem? The following is...
What would the income statement and balance sheet look like for this problem? The following is a summary of the transactions for the year: 1. January 9 Provide storage services for cash, $137,100, and on account, $53,700. 2. February 12 Collect on accounts receivable, $51,800. 3. April 25 Receive cash in advance from customers, $13,200. 4. May 6 Purchase supplies on account, $9,800. 5. July 15 Pay property taxes, $8,800. 6. September 10 Pay on accounts payable, $11,700. 7. October...
5,400 BE4-11 Oromocto Corporation reports the following adjusted account balances, shown in alphabetical order, at the...
5,400 BE4-11 Oromocto Corporation reports the following adjusted account balances, shown in alphabetical order, at the end of its fiscal year, February 28, 2018: Accounts payable $13,000 Income tax payable $ 4,550 Accounts receivable 28,000 Insurance expense 3,500 Accumulated depreciation-equipment Prepaid insurance 2,500 Cash 18,000 Rent expense 6,000 Common shares 10,000 Retained earnings 21,000 Depreciation expense 4,400 Salaries payable 3,000 Dividends declared 2,000 Salaries expense 46,400 Equipment 23,450 Supplies 1,000 Fees earned 89,500 Supplies expense 4,000 Income tax expense 4,800...
Question 9 The following is a list of accounts, in alphabetical order, for Sheridan, Inc. at...
Question 9 The following is a list of accounts, in alphabetical order, for Sheridan, Inc. at July 31, 2018: Accounts payable Accounts receivable Accumulated depreciation-equipment Bank loan payable, due 2020 Cash Common shares Depreciation expense Dividends declared Equipment Held for trading investments $9,800 14,300 21,300 38,300 Prepaid insurancee 13,500 Rent expense 38,000 $3,000 1,800 3,700 100 8,700 10,200 20,300 24,700 800 77,900 Income tax expense Insurance expense Interest expense Repairs and maintenance expense 9,500 Retained earnings 800 Salaries expense 98,100...
Credit STURGE TECHNOLOGY SERVICES LID Statement of Income For the year eaded Agirt 31, 2021 $...
Credit STURGE TECHNOLOGY SERVICES LID Statement of Income For the year eaded Agirt 31, 2021 $ STURGE TECHNOLOGY SERVICES LTD. Adjusted Trial Balance August 31, 2021 Debit Cash $11.430 Accounts receivable 18.350 Supplies 3.300 Prepaid insurance 3.700 Equipment 27.100 Accumulated depreciation equipment Accounts payable Salaries payable Interest payable Rent payable Income tax payable Deferred revenue Bank loan payable, 2024 Common shares Retained earnings Dividends declared 400 Service revenue Salaries expense 19,200 Rent expense 12.785 Depreciation expense 2.335 Supplies expense 1,890...
Question 7 The Oromocto Corporation reports the following adjusted account balances, shown in alphabetical order, at...
Question 7 The Oromocto Corporation reports the following adjusted account balances, shown in alphabetical order, at the end of its fiscal year, February 28, 2018: Accounts payable Accounts receivable Accumulated depreciation-equipment 5,600 Prepaid insurance 2,600 Cash Common shares Depreciation expense Dividends declared Equipment Fees earned Income tax expense 12,600 Income tax payable 4,500 28,400 Insurance expense 3,500 5,900 6,580 Retained earnings 20,220 3,450 1,900 Salaries expense 45,050 300 91,700 Supplies expense 4,100 2,500 18,200 Rent expense 4,600 Salaries payable 22,800...
Credit STURGE TECHNOLOGY SERVICES LTD. Statement of Changes in Equity Year Ended August 31, 2021 Common...
Credit STURGE TECHNOLOGY SERVICES LTD. Statement of Changes in Equity Year Ended August 31, 2021 Common Shares Retained Earnings $ Total EqL < $ STURGE TECHNOLOGY SERVICES LTD. Adjusted Trial Balance August 31, 2021 Debit Cash $11.430 Accounts receivable 18,350 Supplies 3,300 Prepaid insurance 3.700 Equipment 27.100 Accumulated depreciation equipment Accounts payable Selaries payable Interest payable Rent payable Income tax payable Deferred revenue Bank loan payable, 2024 Common shares Retained earnings Dividends declared 400 Service revenue Salaries expense 19.200 Rent...
The adjusted trial balance for Pl Detectives reported the following account balances: Accounts Receivable $590; Supplies $9,900; Prepaid Insurance $8,100; Equipment $32,500; Accumulated Depreciation $4,900; Accounts Payable $290; Deferred Revenue $5,900; Notes Payable $3,900; Common Stock $26,500; Retained Earnings $6,600; Dividends $3,900; Service Revenue $38,300; Salaries and Wages Expense $24,500; and Depreciation Expense $1,000. Prepare an adjusted trial balance as of December 31, and solve for its missing Cash balance. PIDETECTIVES Adjusted Trial Balance As of December 31 Debit Credit...
Following are the general ledger account balances, listed in alphabetical order Accounts payable Accounts receivable Accumulated depreciation-equipment 3,700 Rent expense Cash Common shares Dividends declared Equipment s 3,000 Held for trading investments 5,600 400 900 11,720 3,700 6,020 160 4,000 Income tax expense 2,400 Retained earnings 9,100 Salaries expense 300 Service revenue 16,400 Unearned revenue Identify the normal balance of each account. Normal Balance Accounts payable Accounts receivable Accumulated depreciation-equipment Cash Common shares Dividends declared Equipment Held for trading investments...
JUI Yuu Below are account balances of Ducks Company at the end of September. Accounts Balances Accounts Cash $20,500 Retained Earnings Accounts Receivable 13,100 Dividends Supplies 6,100 Service Revenue Prepaid Insurance 4,100 Salaries Expense Equipment 23,500 Insurance Expense Accounts Payable 6,100 Advertising Expense Salaries Payable 3,100 Supplies Expense Utilities Payable 1,100 Entertainment Expense Deferred Revenue 8,100 Utilities Expense Common Stock 24,500 Balances $12,100 3,100 ? 8,100 7,100 1,100 9,100 5,100 1,100 Required: Prepare a trial balance by placing amounts in...
The following is a list of accounts, in alphabetical order, for Sheridan, Inc. at July 31, 2018: Accounts payable Accounts receivable Accumulated depreciation-equipment Bank loan payable, due 2020 Cash Common shares Depreciation expense Dividends declared Equipment Held for trading investments $9,800 14,300 21,300 38,300 Prepaid insurancee 13,500 Rent expense 38,000 $3,000 1,800 3,700 100 8,700 10,200 20,300 24,700 800 77,900 Income tax expense Insurance expense Interest expense Repairs and maintenance expense 9,500 Retained earnings 800 Salaries expense 98,100 Salaries payable...
5,400 BE4-11 Oromocto Corporation reports the following adjusted account balances, shown in alphabetical order, at the end of its fiscal year, February 28, 2018: Accounts payable $13,000 Income tax payable $ 4,550 Accounts receivable 28,000 Insurance expense 3,500 Accumulated depreciation-equipment Prepaid insurance 2,500 Cash 18,000 Rent expense 6,000 Common shares 10,000 Retained earnings 21,000 Depreciation expense 4,400 Salaries payable 3,000 Dividends declared 2,000 Salaries expense 46,400 Equipment 23,450 Supplies 1,000 Fees earned 89,500 Supplies expense 4,000 Income tax expense 4,800...
Question 9 The following is a list of accounts, in alphabetical order, for Sheridan, Inc. at July 31, 2018: Accounts payable Accounts receivable Accumulated depreciation-equipment Bank loan payable, due 2020 Cash Common shares Depreciation expense Dividends declared Equipment Held for trading investments $9,800 14,300 21,300 38,300 Prepaid insurancee 13,500 Rent expense 38,000 $3,000 1,800 3,700 100 8,700 10,200 20,300 24,700 800 77,900 Income tax expense Insurance expense Interest expense Repairs and maintenance expense 9,500 Retained earnings 800 Salaries expense 98,100...
Credit STURGE TECHNOLOGY SERVICES LID Statement of Income For the year eaded Agirt 31, 2021 $ STURGE TECHNOLOGY SERVICES LTD. Adjusted Trial Balance August 31, 2021 Debit Cash $11.430 Accounts receivable 18.350 Supplies 3.300 Prepaid insurance 3.700 Equipment 27.100 Accumulated depreciation equipment Accounts payable Salaries payable Interest payable Rent payable Income tax payable Deferred revenue Bank loan payable, 2024 Common shares Retained earnings Dividends declared 400 Service revenue Salaries expense 19,200 Rent expense 12.785 Depreciation expense 2.335 Supplies expense 1,890...
Question 7 The Oromocto Corporation reports the following adjusted account balances, shown in alphabetical order, at the end of its fiscal year, February 28, 2018: Accounts payable Accounts receivable Accumulated depreciation-equipment 5,600 Prepaid insurance 2,600 Cash Common shares Depreciation expense Dividends declared Equipment Fees earned Income tax expense 12,600 Income tax payable 4,500 28,400 Insurance expense 3,500 5,900 6,580 Retained earnings 20,220 3,450 1,900 Salaries expense 45,050 300 91,700 Supplies expense 4,100 2,500 18,200 Rent expense 4,600 Salaries payable 22,800...
Credit STURGE TECHNOLOGY SERVICES LTD. Statement of Changes in Equity Year Ended August 31, 2021 Common Shares Retained Earnings $ Total EqL < $ STURGE TECHNOLOGY SERVICES LTD. Adjusted Trial Balance August 31, 2021 Debit Cash $11.430 Accounts receivable 18,350 Supplies 3,300 Prepaid insurance 3.700 Equipment 27.100 Accumulated depreciation equipment Accounts payable Selaries payable Interest payable Rent payable Income tax payable Deferred revenue Bank loan payable, 2024 Common shares Retained earnings Dividends declared 400 Service revenue Salaries expense 19.200 Rent...
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