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Chapter a ccounting Systems A B Current abilities: Accounts receivable Accumulated depreciation building Accumulated depreciation Netloss...
Chapter a ccounting Systems A B Current abilities: Accounts receivable Accumulated depreciation building Accumulated depreciation Netloss...
Chapter a ccounting Systems A B Current abilities: Accounts receivable Accumulated depreciation building Accumulated depreciation Netloss Totallaties 58.100 Wages payable...... Common stock Retained earnings.......... Total stockholders' equity..... Total liabilities and stockholders' equity 447.000 5292ATOO Problems Obj. 2 P-1 Accrual basis accounting Mateo Health Care Inc. is owned and operated by Rachel Fields, the sole stockholder. e Lanuary 2016, San Mateo Health Care entered into the following transactions: Received $27,000 from Hillard Company as rent for the use of a vacant...
p3-1, p3-2, p3-3 Chapter 3 Basic Accounting Systems Accrual Bass 133 Uabilities Current liabilities Accounts receivable.............
p3-1, p3-2, p3-3
Chapter 3 Basic Accounting Systems Accrual Bass 133 Uabilities Current liabilities Accounts receivable.......... Accumulated depreciation-building................. ******** Accumulated depreciation equipment.............. Net loss. Total liabilities....... Stockholders' Equity Wages payable........... . Common stock. ............. Retained earnings... Total stockholders' equity.. . Total liabilities and stockholders' equity ....... $ 40.000 54,600 32.400 44,200 $172.000 $ 100 200,000 447000 655,100 5297/100 Problems Obj. 2 P3-1 Accrual basis accounting San Mateo Health Care Inc. is owned and operated by Rachel Fields, the sole stockholder....
income statement, classified balance sheet, statement of stockholders equity Problems Obj. 2 P3-1 Accrual basis accounting...
income statement, classified balance sheet, statement of
stockholders equity
Problems Obj. 2 P3-1 Accrual basis accounting San Mateo Health Care Inc. is owned and operated by Rachel Pields, the sole stockholder During January 2016, San Mateo Health Care entered into the following transactions: Jan. 1 Received $27,000 from Hillard Company as rent for the use of a vacant office in San Mateo Health Care's building. Hillard paid the rent nine months in advance. 1 Paid $6,000 for a one-year general...
Financial Statements SLO Health Care Inc. is owned and operated by Morgan Denby, the sole stockholder....
Financial Statements SLO Health Care Inc. is owned and operated by Morgan Denby, the sole stockholder. 9 During January 2015, San Mateo Health Care entered into the following transactions: Jan. 1 Received $13,500 from Glenn Company as rent for the use of a vacant office in SLO Health Care's building, Glenn paid the rent nine months in advance 1 Paid $3,000 for a one-year general insurance business policy. 6 Purchased supplies of $900 on account. Collected $15,000 for services provided...
Adjustment Process San Mateo Health Care Inc. is owned and operated by Rachel Fields, the sole...
Adjustment Process San Mateo Health Care Inc. is owned and operated by Rachel Fields, the sole stockholder. The account balances after all of the month's transactions were recorded appear on the first line of the integrated financial statement framework below. Adjustment data for San Mateo Health Care Inc. for January are as follows: Insurance expired, $900. Supplies on hand on January 31, $1,200. Depreciation on building, $2,300. Unearned rent revenue earned, $3,000. Wages owed employees but not paid, $2,900. Services...
Chapter 3 Basic Accounting Systems: Accrual Basis P3-2 Adjustment process Adjustment data for San Mateo Health...
Chapter 3 Basic Accounting Systems: Accrual Basis P3-2 Adjustment process Adjustment data for San Mateo Health Care Inc. for January are as follows: 1. Insurance expired, $900. 2. Supplies on hand on January 31, $1,200. 3. Depreciation on building, $2,300. 4. Unearned rent revenue earned, $3,000. 5. Wages owed employees but not paid, $2,900. 6. Services provided but not billed to patients, $5,000. Instructions Based on the transactions recorded in January for Problem 3-1, record the adius January using the...
Problem 4-A Classified Balance Sheet Accounts Payable ✓ Accounts Receivable Accumulated Depreciation - Building Building ✓...
Problem 4-A Classified Balance Sheet Accounts Payable ✓ Accounts Receivable Accumulated Depreciation - Building Building ✓ Cash Common Stock Land Mortgage Payable Prepaid Insurance Retained Earnings Salaries Payable 6,000 5,000 40,000 120,000 12,000 60,000 ? 64,000 2,000 15,000 3,000 1,000 2,000 Supplies Unearned Fees Requirement: Using the above amounts prepare a classified balance sheet, for the Plum Company at December 31 of the current year, that includes the correct balance for Land. Assets Current assets: Liabilities Current liabilities: Total current...
Cash Supplies Prepaid Insurance Land Building Accumulated Depreciation-Building Equipment Accumulated Depreciation Equipment Accounts Payable Unearned Rent...
Cash Supplies Prepaid Insurance Land Building Accumulated Depreciation-Building Equipment Accumulated Depreciation Equipment Accounts Payable Unearned Rent Revenue Salaries and Wages Payable Interest Payable Mortgage Payable Common Stock Rent Revenue 6. Salaries of $710 are accrued and unpaid at May 31. Journalize the adjusting entries on May 31. (If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when the amount is entered. DC not indent manually.)...
Accounts Payable Accounts Receivable Accrued Liabilities Accumulated Depreciation-Building Accumulated Depreciation-Equipment Advances to Employees Allowance for Doubtful...
Accounts Payable
Accounts Receivable
Accrued Liabilities
Accumulated Depreciation-Building
Accumulated Depreciation-Equipment
Advances to Employees
Allowance for Doubtful Accounts
Bonds Payable
Bond Sinking Fund
Buildings
Cash
Cash Surrender Value of Life Insurance
Common Stock
Construction in Process
Copyrights
Debt Investments
Dividends Payable
Discount on Bonds Payable
Equipment
Equity Investments
Finished Goods
Franchises
Goodwill
Income Tax Payable
Income Tax Receivable
Interest Payable
Interest Receivable
Inventory
Investments in Common Stock
Investments in Stocks and Bonds
Land
Notes Payable
Notes Receivable
Noncontrolling Interest
Paid-in Capital...
Presented below is a list of accounts in alphabetical order. Accounts Receivable Inventory-Ending Accumulated Depreciation-Buildings Land...
Presented below is a list of accounts in alphabetical
order.
Accounts Receivable
Inventory-Ending
Accumulated
Depreciation-Buildings
Land
Accumulated
Depreciation-Equipment
Land for Future Plant
Site
Accumulated Other
Comprehensive Income
Loss from Flood
Advances to Employees
Noncontrolling Interest
Advertising Expense
Notes Payable (due next
year)
Allowance for Doubtful
Accounts
Paid-in Capital in Excess of
Par-Preferred Stock
Bond Sinking Fund
Patents
Bonds Payable
Payroll Taxes Payable
Buildings
Pension Liability
Cash (in bank)
Petty Cash
Cash (on hand)
Preferred Stock
Cash Surrender Value of Life...
Chapter a ccounting Systems A B Current abilities: Accounts receivable Accumulated depreciation building Accumulated depreciation Netloss Totallaties 58.100 Wages payable...... Common stock Retained earnings.......... Total stockholders' equity..... Total liabilities and stockholders' equity 447.000 5292ATOO Problems Obj. 2 P-1 Accrual basis accounting Mateo Health Care Inc. is owned and operated by Rachel Fields, the sole stockholder. e Lanuary 2016, San Mateo Health Care entered into the following transactions: Received $27,000 from Hillard Company as rent for the use of a vacant...
p3-1, p3-2, p3-3
Chapter 3 Basic Accounting Systems Accrual Bass 133 Uabilities Current liabilities Accounts receivable.......... Accumulated depreciation-building................. ******** Accumulated depreciation equipment.............. Net loss. Total liabilities....... Stockholders' Equity Wages payable........... . Common stock. ............. Retained earnings... Total stockholders' equity.. . Total liabilities and stockholders' equity ....... $ 40.000 54,600 32.400 44,200 $172.000 $ 100 200,000 447000 655,100 5297/100 Problems Obj. 2 P3-1 Accrual basis accounting San Mateo Health Care Inc. is owned and operated by Rachel Fields, the sole stockholder....
income statement, classified balance sheet, statement of
stockholders equity
Problems Obj. 2 P3-1 Accrual basis accounting San Mateo Health Care Inc. is owned and operated by Rachel Pields, the sole stockholder During January 2016, San Mateo Health Care entered into the following transactions: Jan. 1 Received $27,000 from Hillard Company as rent for the use of a vacant office in San Mateo Health Care's building. Hillard paid the rent nine months in advance. 1 Paid $6,000 for a one-year general...
Financial Statements SLO Health Care Inc. is owned and operated by Morgan Denby, the sole stockholder. 9 During January 2015, San Mateo Health Care entered into the following transactions: Jan. 1 Received $13,500 from Glenn Company as rent for the use of a vacant office in SLO Health Care's building, Glenn paid the rent nine months in advance 1 Paid $3,000 for a one-year general insurance business policy. 6 Purchased supplies of $900 on account. Collected $15,000 for services provided...
Chapter 3 Basic Accounting Systems: Accrual Basis P3-2 Adjustment process Adjustment data for San Mateo Health Care Inc. for January are as follows: 1. Insurance expired, $900. 2. Supplies on hand on January 31, $1,200. 3. Depreciation on building, $2,300. 4. Unearned rent revenue earned, $3,000. 5. Wages owed employees but not paid, $2,900. 6. Services provided but not billed to patients, $5,000. Instructions Based on the transactions recorded in January for Problem 3-1, record the adius January using the...
Problem 4-A Classified Balance Sheet Accounts Payable ✓ Accounts Receivable Accumulated Depreciation - Building Building ✓ Cash Common Stock Land Mortgage Payable Prepaid Insurance Retained Earnings Salaries Payable 6,000 5,000 40,000 120,000 12,000 60,000 ? 64,000 2,000 15,000 3,000 1,000 2,000 Supplies Unearned Fees Requirement: Using the above amounts prepare a classified balance sheet, for the Plum Company at December 31 of the current year, that includes the correct balance for Land. Assets Current assets: Liabilities Current liabilities: Total current...
Cash Supplies Prepaid Insurance Land Building Accumulated Depreciation-Building Equipment Accumulated Depreciation Equipment Accounts Payable Unearned Rent Revenue Salaries and Wages Payable Interest Payable Mortgage Payable Common Stock Rent Revenue 6. Salaries of $710 are accrued and unpaid at May 31. Journalize the adjusting entries on May 31. (If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when the amount is entered. DC not indent manually.)...
Accounts Payable
Accounts Receivable
Accrued Liabilities
Accumulated Depreciation-Building
Accumulated Depreciation-Equipment
Advances to Employees
Allowance for Doubtful Accounts
Bonds Payable
Bond Sinking Fund
Buildings
Cash
Cash Surrender Value of Life Insurance
Common Stock
Construction in Process
Copyrights
Debt Investments
Dividends Payable
Discount on Bonds Payable
Equipment
Equity Investments
Finished Goods
Franchises
Goodwill
Income Tax Payable
Income Tax Receivable
Interest Payable
Interest Receivable
Inventory
Investments in Common Stock
Investments in Stocks and Bonds
Land
Notes Payable
Notes Receivable
Noncontrolling Interest
Paid-in Capital...
Presented below is a list of accounts in alphabetical
order.
Accounts Receivable
Inventory-Ending
Accumulated
Depreciation-Buildings
Land
Accumulated
Depreciation-Equipment
Land for Future Plant
Site
Accumulated Other
Comprehensive Income
Loss from Flood
Advances to Employees
Noncontrolling Interest
Advertising Expense
Notes Payable (due next
year)
Allowance for Doubtful
Accounts
Paid-in Capital in Excess of
Par-Preferred Stock
Bond Sinking Fund
Patents
Bonds Payable
Payroll Taxes Payable
Buildings
Pension Liability
Cash (in bank)
Petty Cash
Cash (on hand)
Preferred Stock
Cash Surrender Value of Life...
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