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journalize, T-Accounts, trial balance
STORE 2012 PROBLEM 1-9 HUJ ATHLETIC SHOE STORE TACCOUNTS WITH BALANCES CEIVABLE...
Journalize, Trial balance and statements PROBLEM 1-9 JHJ ATHLETIC SHOE STORE 2012 LACCOUNTS WITBALANCES CASH ACCOUNTS...
Journalize, Trial balance and statements
PROBLEM 1-9 JHJ ATHLETIC SHOE STORE 2012 LACCOUNTS WITBALANCES CASH ACCOUNTS RECEIVABLE ALLOWANCE FOR BAD DEBTS 800,000 RE 100,000 SUPP SHOE INVENTORY SUPPLIES 50,000 10,000 1,000,000 PREPAID INSURANCE EQUIPMENT ACCUMLATED DEPRECIATION EQUIP STAR 4 00,000 AUTO 100,000 ACCUMULATED DEPRECIATION- AUTO 75.000 ACCOUNTS PAYABLE JOURNA 37. IN 2 38.P. 39.PI 80,000 WAGES PAYABLE TO $ 40,000 UNEARNED REVENUE NOTE PAYABLE JHJ COMMON STOCK JHJ RETAINED EARNINGS 90,000 2,000,000 440.C 541.P. 6 42.P 743. 1,500,000 JHJ DIVIDENDS...
Required: 19-27 300,000 PROBLEM 1-7 JHJ ATHLETIC SHOE STORE 2011 T.ACCOUNTS WITH BALANCES CASH ACCOUNTS RECEIVABLE...
Required: 19-27
300,000 PROBLEM 1-7 JHJ ATHLETIC SHOE STORE 2011 T.ACCOUNTS WITH BALANCES CASH ACCOUNTS RECEIVABLE 800,000 100,000 ALLOWANCE FOR BAD DEBTS SHOE INVENTORY ? 50,000 SUPPLIES PREPAID INSURANCE 10,000 EQUIPMENT 1,000,000 ACCUMLATED DEPRECIATION EQUIP 300,000 AUTO 100,000 ACCUMULATED DEPRECIATION- AUTO 50,000 ACCOUNTS PAYABLE WAGES PAYABLE 80,000 10.000 40,000 UNEARNED REVENUE NOTE PAYABLE JHJ COMMOM STOCK RETAINED EARNINGS JHJ DIVIDENDS 90.000 500,000 SHOE SALES SHOE SALE RETURNS COST OF GOODS SOLD 120 | Page PURCHASE RETURNS FREIGHT IN RENT EXPENSE...
Can someone answer questions 19-27 in the "required" section of the third page please. 300,000 PROBLEM...
Can
someone answer questions 19-27 in the "required" section of the
third page please.
300,000 PROBLEM 1-7 JHJ ATHLETIC SHOE STORE 2011 T.ACCOUNTS WITH BALANCES CASH ACCOUNTS RECEIVABLE 800,000 100,000 ALLOWANCE FOR BAD DEBTS SHOE INVENTORY ? 50,000 SUPPLIES PREPAID INSURANCE 10,000 EQUIPMENT 1,000,000 ACCUMLATED DEPRECIATION EQUIP 300,000 AUTO 100,000 ACCUMULATED DEPRECIATION- AUTO 50,000 ACCOUNTS PAYABLE WAGES PAYABLE 80,000 10.000 40,000 UNEARNED REVENUE NOTE PAYABLE JHJ COMMOM STOCK RETAINED EARNINGS JHJ DIVIDENDS 90.000 500,000 SHOE SALES SHOE SALE RETURNS COST...
I can't figure iut wbats wrong with the trial balance and t accounts and maybe journal...
I can't figure iut wbats wrong with the trial balance and t
accounts and maybe journal entries
NAME Financial Accounting Review Problem 1 JOURNALIZE THE FOLLOWING TRANSACTIONS 1. INVESTED $25.000 INTO JHJ SHOESTORE 2. Purchased $6,000 in SUPPLIES on account 3. PURCHASED 3,000 SHOES AT SIO EACH 4. PURCHASED 3,000 SHOES AT $20 EACH 5. Purchased 3,000 Shoes at $30 cach 6. PURCHASED $50,000 IN EQUIPMENT WITH A 5-year LIFE, PAYING $20,000 IN CASH AND PLACED THE REMAINING BALANCE ON...
Required: Journalize all entries JOURNALIZE THE FOLLOWING TRANSACTIONS 1. INVESTED $20,000 INTO JHJ SHOESTORE 2. Purchased...
Required:
Journalize all entries
JOURNALIZE THE FOLLOWING TRANSACTIONS 1. INVESTED $20,000 INTO JHJ SHOESTORE 2. Purchased $4,000 in SUPPLIES on account k3. PURCHASED 3,000 SHOES AT S50 EACH 4. PURCHASED 2,000 SHOES AT S60EACH 5. RECEIVED $5,000 IN ADVANCE FOR FUTURE SHOE SALES from 50 customers 6. PURCHASED $50,000 IN EQUIPMENT WITH A 10-year LIFE, PAYING $15,000 IN CASH AND PLACED THE REMAINING BALANCE ON A NOTIE 7. CASH SALES OF 1,500 SHOES AT $100 EACH 8. Sales on account,...
Acc 300 Practice set 1 Required: Journalize the transactions Post to ledger (T accounts) Prepare Trial...
Acc 300 Practice set 1 Required: Journalize the transactions Post to ledger (T accounts) Prepare Trial Balance Journalize the adjusting entries Post to the ledger Prepare Adjusted Trial Balance Prepare the four financial statements Net income equals $11,583 Purchased inventory on account $23,000 Sales on account $35,000 Cash Sales $22,000 Paid salaries $6,000 Purchased supplies on account for $500 Cash collected from customers $19,000 Purchased inventory for cash $13,000 Wrote off customer account as uncollectable $300 Made payment on account...
Set up T-accounts for the accounts on the trial balance. Enter beginning balances and post the...
Set up T-accounts for the accounts on the trial balance. Enter
beginning balances and post the transactions 1-10, adjusting
entries 11-16, and closing entry. (Enter your answers in thousands
of dollars)
CLUuring Cycle exercise Questions 1 - 9 of 9) ► Save & E [The following information applies to the questions displayed below.] Brothers Harry and Herman Hausyerday began operations of their machine shop (H & H Tool, Inc.) on January 1, 2013. The annual reporting period ends December 31....
Set up T-accounts for the accounts on the trial balance. Enter beginning balances and post the...
Set up T-accounts for the accounts on the trial balance. Enter
beginning balances and post the transactions (a)-(j), adjusting
entries (k)-(p), and closing entry. (Enter your answers in
thousands of dollars.)
Required information The following information applies to the questions displayed below) Intemnational celebrity Jay and Goku began operations of their machine shop (J&G Tool, Inc.) on January 1, 2016. The annual reporting period ends December 31. The trial balance on January 1, 2018, follows the amounts are rounded to...
Multiple-step income statement and balance sheet The following selected accounts and their current balances appear in...
Multiple-step income statement and balance sheet The following selected accounts and their current balances appear in the ledger of Kanpur Co. for the fiscal year ended June 30, 20Y7: Cash $109,100 Retained Earnings $480,800 Accounts Receivable 290,900 Dividends 65,300 Inventory 331,600 Sales 3,995,800 Estimated Returns Inventory 5,000 Cost of Goods Sold 2,311,300 Office Supplies 10,300 Sales Salaries Expense 649,900 Prepaid Insurance 8,000 Advertising Expense 178,700 Office Equipment 240,100 Depreciation Expense— Store Equipment 34,800 Accumulated Depreciation— Office Equipment 163,100 Miscellaneous Selling...
Please use T accounts. Case 4-2 Save-Mart* Save-Mart was a retail store. Its account balances on...
Please use T accounts.
Case 4-2 Save-Mart* Save-Mart was a retail store. Its account balances on February 28 (the end of its fiscal year), before adjust- ments, were as shown below. Credit Balances Debit Balances 11,420 Accumulated depreciation on store equipment $ Cash Accounts receivable Merchandise inventory Store equipment Supplies inventory Prepaid insurance Selling expense Sales salaries Miscellaneous general expense Sales discounts Interest expense Social Security tax expense Total 88,500 88,970 100,000 33,500 988,700 $ 88,860 127,430 903,130 70,970 17,480...
Journalize, Trial balance and statements
PROBLEM 1-9 JHJ ATHLETIC SHOE STORE 2012 LACCOUNTS WITBALANCES CASH ACCOUNTS RECEIVABLE ALLOWANCE FOR BAD DEBTS 800,000 RE 100,000 SUPP SHOE INVENTORY SUPPLIES 50,000 10,000 1,000,000 PREPAID INSURANCE EQUIPMENT ACCUMLATED DEPRECIATION EQUIP STAR 4 00,000 AUTO 100,000 ACCUMULATED DEPRECIATION- AUTO 75.000 ACCOUNTS PAYABLE JOURNA 37. IN 2 38.P. 39.PI 80,000 WAGES PAYABLE TO $ 40,000 UNEARNED REVENUE NOTE PAYABLE JHJ COMMON STOCK JHJ RETAINED EARNINGS 90,000 2,000,000 440.C 541.P. 6 42.P 743. 1,500,000 JHJ DIVIDENDS...
Required: 19-27
300,000 PROBLEM 1-7 JHJ ATHLETIC SHOE STORE 2011 T.ACCOUNTS WITH BALANCES CASH ACCOUNTS RECEIVABLE 800,000 100,000 ALLOWANCE FOR BAD DEBTS SHOE INVENTORY ? 50,000 SUPPLIES PREPAID INSURANCE 10,000 EQUIPMENT 1,000,000 ACCUMLATED DEPRECIATION EQUIP 300,000 AUTO 100,000 ACCUMULATED DEPRECIATION- AUTO 50,000 ACCOUNTS PAYABLE WAGES PAYABLE 80,000 10.000 40,000 UNEARNED REVENUE NOTE PAYABLE JHJ COMMOM STOCK RETAINED EARNINGS JHJ DIVIDENDS 90.000 500,000 SHOE SALES SHOE SALE RETURNS COST OF GOODS SOLD 120 | Page PURCHASE RETURNS FREIGHT IN RENT EXPENSE...
Can
someone answer questions 19-27 in the "required" section of the
third page please.
300,000 PROBLEM 1-7 JHJ ATHLETIC SHOE STORE 2011 T.ACCOUNTS WITH BALANCES CASH ACCOUNTS RECEIVABLE 800,000 100,000 ALLOWANCE FOR BAD DEBTS SHOE INVENTORY ? 50,000 SUPPLIES PREPAID INSURANCE 10,000 EQUIPMENT 1,000,000 ACCUMLATED DEPRECIATION EQUIP 300,000 AUTO 100,000 ACCUMULATED DEPRECIATION- AUTO 50,000 ACCOUNTS PAYABLE WAGES PAYABLE 80,000 10.000 40,000 UNEARNED REVENUE NOTE PAYABLE JHJ COMMOM STOCK RETAINED EARNINGS JHJ DIVIDENDS 90.000 500,000 SHOE SALES SHOE SALE RETURNS COST...
I can't figure iut wbats wrong with the trial balance and t
accounts and maybe journal entries
NAME Financial Accounting Review Problem 1 JOURNALIZE THE FOLLOWING TRANSACTIONS 1. INVESTED $25.000 INTO JHJ SHOESTORE 2. Purchased $6,000 in SUPPLIES on account 3. PURCHASED 3,000 SHOES AT SIO EACH 4. PURCHASED 3,000 SHOES AT $20 EACH 5. Purchased 3,000 Shoes at $30 cach 6. PURCHASED $50,000 IN EQUIPMENT WITH A 5-year LIFE, PAYING $20,000 IN CASH AND PLACED THE REMAINING BALANCE ON...
Required:
Journalize all entries
JOURNALIZE THE FOLLOWING TRANSACTIONS 1. INVESTED $20,000 INTO JHJ SHOESTORE 2. Purchased $4,000 in SUPPLIES on account k3. PURCHASED 3,000 SHOES AT S50 EACH 4. PURCHASED 2,000 SHOES AT S60EACH 5. RECEIVED $5,000 IN ADVANCE FOR FUTURE SHOE SALES from 50 customers 6. PURCHASED $50,000 IN EQUIPMENT WITH A 10-year LIFE, PAYING $15,000 IN CASH AND PLACED THE REMAINING BALANCE ON A NOTIE 7. CASH SALES OF 1,500 SHOES AT $100 EACH 8. Sales on account,...
Set up T-accounts for the accounts on the trial balance. Enter
beginning balances and post the transactions 1-10, adjusting
entries 11-16, and closing entry. (Enter your answers in thousands
of dollars)
CLUuring Cycle exercise Questions 1 - 9 of 9) ► Save & E [The following information applies to the questions displayed below.] Brothers Harry and Herman Hausyerday began operations of their machine shop (H & H Tool, Inc.) on January 1, 2013. The annual reporting period ends December 31....
Set up T-accounts for the accounts on the trial balance. Enter
beginning balances and post the transactions (a)-(j), adjusting
entries (k)-(p), and closing entry. (Enter your answers in
thousands of dollars.)
Required information The following information applies to the questions displayed below) Intemnational celebrity Jay and Goku began operations of their machine shop (J&G Tool, Inc.) on January 1, 2016. The annual reporting period ends December 31. The trial balance on January 1, 2018, follows the amounts are rounded to...
Please use T accounts.
Case 4-2 Save-Mart* Save-Mart was a retail store. Its account balances on February 28 (the end of its fiscal year), before adjust- ments, were as shown below. Credit Balances Debit Balances 11,420 Accumulated depreciation on store equipment $ Cash Accounts receivable Merchandise inventory Store equipment Supplies inventory Prepaid insurance Selling expense Sales salaries Miscellaneous general expense Sales discounts Interest expense Social Security tax expense Total 88,500 88,970 100,000 33,500 988,700 $ 88,860 127,430 903,130 70,970 17,480...
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