what am i doing wrong with depreciation and utilities expense for my closing entries? EDIT: lol nvm im dumb
Homework Answers
| Debit | Credit | |||
| 16 | Jan 31 | Retained earnings | 63200 | |
| Salaries expense | 43200 | |||
| Supplies expense | 8500 | |||
| Depreciation expense | 1800 | |||
| Utilities expense | 7400 | |||
| Income tax expense | 2300 | |||
| The amount for depreciation expense and utilities expense were interchanged. | ||||
Add Answer to:
what am i doing wrong with depreciation and utilities expense
for my closing entries? EDIT: lol...
Did all the financial statements( pretty sure they are all correct) I just do not understand what I am suppose to do fo...
Did all the financial statements( pretty sure they are all
correct) I just do not understand what I am suppose to do for this
last picture. Please help. Don't know how to find the return on
equity or any of those questions on this last picture.
On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances: Credit Debit $ 44,700 48,500 9,500 84,000 Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Common...
I just need help with the ANALYSIS part. But feel free to double-check the work I...
I just need help with the ANALYSIS part.
But feel free to double-check the work I currently have.
THIS IS WHERE I NEEDED HELP WITH AND THE CALCULATION INVOLVED. I
want to make sure my Stockholder Equity and Net Income is right to
do these calculations.
On January 1, 2021, the general ledger of Finale Fireworks includes the following account balances: Credit Debit $ 44,700 48,500 9,500 84,000 Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Common Stock,...
On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances:...
On January 1, 2021, the general ledger of Grand Finale Fireworks
includes the following account balances:
Accounts
Debit
Credit
Cash
$
44,700
Accounts Receivable
48,500
Supplies
9,500
Equipment
84,000
Accumulated Depreciation
$
11,000
Accounts Payable
16,600
Common Stock, $1 par value
20,000
Additional Paid-in Capital
100,000
Retained Earnings
39,100
Totals
$
186,700
$
186,700
During January 2021, the following transactions occur:
January
2
Issue an additional 2,300 shares of $1 par value common stock
for $46,000.
January
9
Provide services...
Can you help me fix the question i got wrong, and the income balance. thank you!!!...
Can you help me fix the question i got wrong, and the income
balance. thank you!!!
On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances: 100 points Skipped Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Common Stock, $1 par value Additional Paid-in Capital Retained Earnings Totals Debit Credit $ 43,600 46,300 8,400 73,000 $ 9,900 15,500 19.00 89.000 37,900 $171,300 $171,380 eBook Print During January 2021, the following transactions occur...
Check my work On January 1, 2021, the general ledger of Grand Finale Fireworks includes the...
Check my work On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances: Accounts Debit Credit 43,200 45,500 8,000 Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Conmon Stock, $1 par value Additional Paid-in Capital Retained Earnings 15 points 69,000 $ 9,500 15,100 15,000 85,000 41,100 $165,700 $165,700 eBook References Totals During January 2021, the following transactions occur January 2 Isasue an additional 2,000 shares of 1 par value comnon atock for $40,000...
On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances:...
On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances: Credit Accounts Debit $44,100 47,300 8,900 78,000 Cash Accounts Rece ivable Supplies Equipment Accumulated Depreciation Accounts Payable Common Stock, $1 par value Additional Paid-in Capital Retained Earnings 10,400 16,000 14,000 94,000 43,900 $178,300 $178,300 Totals During January 2021, the following transactions occur: January January January 10 Purchase additional supplies on account, $6,300. January 12 Purchase 1,100 shares of treasury stock for $21 per share....
PLease help. I don't understand how to do this. don't know what i am doing. On...
PLease help. I don't
understand how to do this. don't know what i am doing.
On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances: Debit Credit Accounts $44,400 47,900 9,200 81,000 Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Common Stock, $1 par value Additional Paid-in Capital Retained Earnings $ 10,700 16,300 17,000 97,000 41,500 $182,500 $182,500 Totals During January 2021, the following transactions occur: 2 Issue an additional 2,100 shares of...
On January 1, 2018, the general ledger of Grand Finale Fireworks includes the following account balances: Accounts De...
On January 1, 2018, the general ledger of Grand Finale Fireworks includes the following account balances: Accounts Debit Credit Cash $ 44,100 Accounts Receivable 47,300 Supplies 8,900 Equipment 78,000 Accumulated Depreciation $ 10,400 Accounts Payable 16,000 Common Stock, $1 par value 14,000 Paid-in Capital-Excess of Par 94,000 Retained Earnings 43,900 Totals $ 178,300 $ 178,300 During January 2018, the following transactions occur: January 2 Issue an additional 2,000 shares of $1 par value common stock for $40,000. January 9 Provide...
Correct my mistakes please and give explanation if possible thank you. -General journal -Balance sheet -Analysis...
Correct my mistakes please and give explanation if possible
thank you.
-General journal
-Balance sheet
-Analysis
On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances: Debit $ 43,600 46,300 8,400 73,000 Credit Accounts Cash Accounts Receivable Supplies Equipment Accunulated Depreciation Accounts Payable Common Stock, $1 par value Additional Paid-in Capital Retained Earnings $ 9,900 15,500 19,000 89,000 37,900 $171,300 $171,300 Totals During January 2021, the following transactions occur January 2 Issue an additional...
Record closing entry for REVENUE, Expenses and Dividends Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts...
Record closing entry for
REVENUE, Expenses and Dividends
Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Common Stock, S1 par value Additional Paid-in Capital Retained Earnings Totals S 44,200 47,500 9,000 79,000 S 10,500 16,100 15,000 95,000 43.100 $179,700 $179,700 During January 2021, the following transactions occur: January 2 Issue an additional 2,200 shares of S1 par value common stock for $44,000. January 9 Provide services to customers on account, $18,300. January 10 Purchase additional supplies on account, $6,400....
Did all the financial statements( pretty sure they are all
correct) I just do not understand what I am suppose to do for this
last picture. Please help. Don't know how to find the return on
equity or any of those questions on this last picture.
On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances: Credit Debit $ 44,700 48,500 9,500 84,000 Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Common...
I just need help with the ANALYSIS part.
But feel free to double-check the work I currently have.
THIS IS WHERE I NEEDED HELP WITH AND THE CALCULATION INVOLVED. I
want to make sure my Stockholder Equity and Net Income is right to
do these calculations.
On January 1, 2021, the general ledger of Finale Fireworks includes the following account balances: Credit Debit $ 44,700 48,500 9,500 84,000 Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Common Stock,...
On January 1, 2021, the general ledger of Grand Finale Fireworks
includes the following account balances:
Accounts
Debit
Credit
Cash
$
44,700
Accounts Receivable
48,500
Supplies
9,500
Equipment
84,000
Accumulated Depreciation
$
11,000
Accounts Payable
16,600
Common Stock, $1 par value
20,000
Additional Paid-in Capital
100,000
Retained Earnings
39,100
Totals
$
186,700
$
186,700
During January 2021, the following transactions occur:
January
2
Issue an additional 2,300 shares of $1 par value common stock
for $46,000.
January
9
Provide services...
Can you help me fix the question i got wrong, and the income
balance. thank you!!!
On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances: 100 points Skipped Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Common Stock, $1 par value Additional Paid-in Capital Retained Earnings Totals Debit Credit $ 43,600 46,300 8,400 73,000 $ 9,900 15,500 19.00 89.000 37,900 $171,300 $171,380 eBook Print During January 2021, the following transactions occur...
Check my work On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances: Accounts Debit Credit 43,200 45,500 8,000 Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Conmon Stock, $1 par value Additional Paid-in Capital Retained Earnings 15 points 69,000 $ 9,500 15,100 15,000 85,000 41,100 $165,700 $165,700 eBook References Totals During January 2021, the following transactions occur January 2 Isasue an additional 2,000 shares of 1 par value comnon atock for $40,000...
On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances: Credit Accounts Debit $44,100 47,300 8,900 78,000 Cash Accounts Rece ivable Supplies Equipment Accumulated Depreciation Accounts Payable Common Stock, $1 par value Additional Paid-in Capital Retained Earnings 10,400 16,000 14,000 94,000 43,900 $178,300 $178,300 Totals During January 2021, the following transactions occur: January January January 10 Purchase additional supplies on account, $6,300. January 12 Purchase 1,100 shares of treasury stock for $21 per share....
PLease help. I don't
understand how to do this. don't know what i am doing.
On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances: Debit Credit Accounts $44,400 47,900 9,200 81,000 Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Common Stock, $1 par value Additional Paid-in Capital Retained Earnings $ 10,700 16,300 17,000 97,000 41,500 $182,500 $182,500 Totals During January 2021, the following transactions occur: 2 Issue an additional 2,100 shares of...
Correct my mistakes please and give explanation if possible
thank you.
-General journal
-Balance sheet
-Analysis
On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances: Debit $ 43,600 46,300 8,400 73,000 Credit Accounts Cash Accounts Receivable Supplies Equipment Accunulated Depreciation Accounts Payable Common Stock, $1 par value Additional Paid-in Capital Retained Earnings $ 9,900 15,500 19,000 89,000 37,900 $171,300 $171,300 Totals During January 2021, the following transactions occur January 2 Issue an additional...
Record closing entry for
REVENUE, Expenses and Dividends
Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Common Stock, S1 par value Additional Paid-in Capital Retained Earnings Totals S 44,200 47,500 9,000 79,000 S 10,500 16,100 15,000 95,000 43.100 $179,700 $179,700 During January 2021, the following transactions occur: January 2 Issue an additional 2,200 shares of S1 par value common stock for $44,000. January 9 Provide services to customers on account, $18,300. January 10 Purchase additional supplies on account, $6,400....
Most questions answered within 3 hours.
-
A local
electronic company primarily manufactures four highly technical
telecommunication products. Each product must be processed...
asked 38 minutes ago -
•Describe the basic structure of collagen monomers •Explain how
amino acid composition of collagen contributes to...
asked 2 hours ago -
Compute the sample correlation coefficient
r for each of the following data sets.
(Use 3 decimal...
asked 3 hours ago -
5a. What are the advantages and disadvantages of Proxy ARP?
b. What is the TTL field...
asked 2 hours ago -
An ice cube (density = 900[kg/m3]) with a side length of
2.54[cm] is held by a...
asked 4 hours ago -
would you say that leaders in the international context are born
or made? That is, can...
asked 4 hours ago -
Instructions
Read the Digital Trends article "Solid state drives are speedier
than hard disk drives. Are...
asked 4 hours ago -
A multiple-choice test consists of 29 questions with possible
answers of a, b, c, d. Estimate...
asked 5 hours ago -
Question 1: Ethanol is the active ingredient of alcoholic
beverages. It is also s a possible...
asked 4 hours ago -
In the process of a simple distillation, the substances in the
still head tube are in...
asked 5 hours ago -
In a normal distribution with mean 3 and standard deviation of
7, what are the upper...
asked 5 hours ago -
A big block stone with mass M explodes and splits in two pieces
with mass 0.40M...
asked 5 hours ago