Prepare the Three Financial Statements based on the balanced worksheet
Prepare the Three Financial Statements based on the balanced worksheet A Byte of Accounting, Inc. Worksheet...
I am looking for the computer & consulting revenue and down. (I am aware that the TOTAL, NET INCOME, and BALANCE are incorrect so i would need help with those too) Income Statement Debit Credit Account Number Name 1110 Cash 1120 Accounts Receivable 1130 Prepaid Insurance 1140 Prepaid Rent 1150 Office Supplies 1211 Office Equip 1212 Accum. Depr.-Office Equip 1311 Computer Equip 1312 Accum. Depr.-Computer Equip. 1411 Building Cost 1412 Accum. Depr.-Building 1510 Land 2101 Accounts Payable 2102 Advanced Payments...
What's my error? Why is it out of balance use worksheet for balance sheet A Byte of Accounting, Inc. Worksheet For Period Ending June 30, 2020 Adjusting Entries Debit Credit Income Statement Debit Credit 5,750.00 Unadjusted Trial Balance Debit Credit 87,962.02 1,135.00 - 6,480.00 4,200.00 530.00 1,115.00 Balance Sheet Debit Credit 87,962.02 6,885.00 6,210.00 2,100.00 214.00 1,115.00 - 270.00 2,100.00 316.00 Adjusted Trial Balance Debit Credit 87,962.02 - 6,885.00 - 6,210.00 2,100.00 214.00 1,115.00 7.57 203,520.00 3,392.00 18,000.00 250.00 95,000.00...
i need help finding #32 & statement in changes of retained earnings Byte of Accounting, Inc. Description of transaction June 1: Byte of Accounting, Inc. issued 2.660 shares of its common stock to Jeremy after $29,700 in cash and computer equipment with a fair market value of $42.120 were received June 1: Byte of Accounting, Inc. issued 2.562 shares of its common stock after acquiring from Courtney $55.350 in cash, computer equipment with a fair market value of $12.960 and...
income statement and balance sheet D G H. For Perlod Ending June 30, 2019 Account mer Name 110 Cash 120 Accounts Receivable 130 Prepaid Insurance 140 Prepaid Rent 150 Ofice Supplies 211 Ofice Equip. 1212 Accum. Depr-Office Equip. 1311 Computer Equp. 1312 Accum Depr Computer Equip 1411 Balding Cost 1412 Accum. Depr-Building 1510 Land 2101 Accounts Payable 2102 Advanced Payments 2103erest Payable 21051 Salanes Payable 2106income Taxes Payable 2201 Mongage Payable 2202 Notes Payable 3100 Cepital Stock 32001Ratained Eamings 33001Dvidends...
Prepare Journal entries(1-39) with transactions and list of accounts given Number Name 1110 Cash 1120 Accounts Receivable 1130 Prepaid Insurance 1140 Prepaid Rent 1150 Office Supplies 1211 Office Equip. 1212 Accum. Depr.-Office Equip. 1311 Computer Equip. 1312 Accum. Depr.-Computer Equip. 1411 Building Cost 1412 Accum. Depr.-Building 1510 Land 2101 Accounts Payable 2102 Advanced Payments 2103 Interest Payable 2105 Salaries Payable 2106 Income Taxes Payable 2201 Mortgage Payable 2202 Notes Payable 3100 Capital Stock 3200 Retained Earnings 3300 Dividends 3400 Income...
Normal Balance Debit Number Name 1110 Cash 1120 Accounts Receivable 1130 Prepaid Insurance 1140 Prepaid Rent 1150 Office Supplies 1211 Office Equip. 1212 Accum. Depr.-Office Equip. 1311 Computer Equip. 1312 Accum. Depr.-Computer Equip. 1411 Building Cost 1412 Accum. Depr. -Building Debit Debit Debit Debit Debit Credit Debit Credit Debit Credit Debit Credit Credit 1510 Land 2101 Accounts Payable 2102 Advanced Payments 2103 Interest Payable 2105 Salaries Payable 2106 Income Taxes Payable 2201 Mortgage Payable 2202 Notes Payable 3100 Capital Stock...
Please create an income statement, balance sheet, and statement of stockholder's equity according to the adjusted trial balance columns. A Byte of Accounting, Inc. Worksheet For Period Ending December 31, 2018 Income Statement Debit Credit Balance Sheet Debit Credit Adiusting Entries Debit Credit 25.00 - 8,105.00 - 1.447.50 269.00 Unadiusted Trial Balance Debit Credit 258,208.20 23,662.00 5,090.00 6,456.00 2.600.00 3,400.00 2.225.00 64,100.00 6.100.00 22,000.00 4.400.00 14.276.00 8,715.00 118.00 Account Number Name 1110 Cash 1120 Accounts Receivable 1121 Allowance for Doubtful...
в Byte of Accounting, Inc. John Clark 3394 Description of transaction June 1: Byte of Accounting, Inc. issued 2,650 shares of its common stock to Jeremy after $25,300 in cash and computer equipment with a fair market value of $35,650 were received. Transaction 01. June 1: Byte of Accounting, Inc. issued 2.451 shares of its common stock after acquiring from Courtney S42,550 in cash, computer equipment with a fair market value of $12,880 and office equipment with a fair value...
GIVEN INFORMATION: The Byte of Accounting Corporation (Byte) sells turn-key computer systems to midsize businesses on account. Byte was started by Lauryn on January 1 of last year when she was issued 2,200 shares of stock. - Perpetual FIFO will be used for the Super Toners. - The allowance method is used to account for bad debts. FOR JOURNAL ENTRIES: #15, #26, and #27 I need an answer with the following (for all listed journal entries below): 1) Transaction Name...
Create financial statements by properly employing prescribed methods in accordance with generally accepted accounting principles: A. Step Eight: Prepare the financial statements. Note that you must use your adjusted trial balance to prepare the income statement, statement of owner’s equity, and balance sheet. You must complete these statements in this order, as there are interdependencies among them. Adjusting entries Debit Credit Peyton Approved Trial Balance 2018 Unadjusted trial balance Debit Credit 32,236.75 18,500.00 175.65 1,500.00 2,400.00 6,000.00 17,400.00 400.00 250.00...