Homework Answers
Question 3:
| CULLUMBER COMPANY | ||
| Income Statement | ||
| At the year ended July 31, 2020 | ||
| Revenues: | ||
| Service Revenue | $62,400 | |
| Add: Rent Revenue | $9,000 | |
| Total Revenues | $71,400 | |
| Less: Expenses: | ||
| Salaries and wages expenses | ($51,800) | |
| Depreciation expense | ($3,700) | |
| Utilities expense | ($22,000) | |
| Total expenses | ($77,500) | |
| Net Income/Loss (Loss) | ($6,100) | |
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prepare income statement
ting tes Question 3 View Policies Current Attempt in Progress These financial statement...
Question 9 View Policies Current Attempt in Progress These financial statement items are for Sandhill Co....
Question 9 View Policies Current Attempt in Progress These financial statement items are for Sandhill Co. at year-end, July 31, 2022 Salaries and wages payable Salaries and wages expense Supplies expense Equipment Accounts payable Service revenue Rent revenue Notes payable (due in 2025) Common stock Cash Accounts receivable Accumulated depreciation-equipment Dividends Depreciation expense Retained earnings (beginning of the year) $4,000 59,000 17,500 15,460 3,700 67,600 10,400 3,000 16,000 36,640 11,100 7,500 4,000 4,000 35,500 Prepare an income statement for the...
View Policies Current Attempt in Progress These financial statement items are for Carla Vista Co. at...
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OURCES ed HW Question 1 These financial statement items are for Blossom Company at year-end, July...
OURCES ed HW Question 1 These financial statement items are for Blossom Company at year-end, July 31, 2020. Salaries and wages payable $1,500 Notes payable (long-term) $1,600 Salaries and wages 51,000 Cash 13,000 expense Utilities expense 22,000 Accounts receivable 9,000 Equipment 29,000 Accumulated depreciation-equipment 5,500 Accounts payable 4,500 Owner's drawings 2,500 Service revenue 60,500 Depreciation expense 3,500 Rent revenue Owner's Capital (beginning of the 8,000 year) 48,400 Study. CALCULATOR PRINTER VERSION BACK Prepare an income statement for the year. The...
Current Attempt in Progress These financial statement items are for Ivanhoe Company at year and July...
Current Attempt in Progress These financial statement items are for Ivanhoe Company at year and July 21, 2022 $ 2.500 50.900 17,400 20.630 Salaries and wages payable Salaries and wages expense Suppesexpense Get Accounts payable Service reves Rent revenue Notes payable dus in 2025 Common stock Cash Accounts receivable Accumulated depreciation- uipment Dividends Depreciation expense Retained earnings beginning of the year) 67,400 10.300 2.500 16,000 31.470 11.600 8.000 4000 4.000 35,300 Prepare an income statement for the year. Ivanhoe Company...
Use the numbers above for a retained earnings sheet. Question 3 View Policies Current Attempt in...
Use
the numbers above for a retained earnings sheet.
Question 3 View Policies Current Attempt in Progress These financial statement items are for Sheridan Company at year-end, July 31, 2022 Salaries and wages payable Salaries and wages expense Supplies expense Equipment Accounts payable Service revenue Rent revenue Notes payable due in 2025) Common stock $4,100 59.100 17.300 17,620 4000 67,700 10.200 3.700 Accounts receivable Accumulated depreciation-couiment Dividends Depreciation expense Retained earnings beginning of the year 16,000 35.280 11.700 7400 4000...
Question 10 View Policies Current Attempt in Progress (a) Here are incomplete financial statements for Oriole...
Question 10 View Policies Current Attempt in Progress (a) Here are incomplete financial statements for Oriole Company: Calculate the missing amounts ORIOLE COMPANY Balance Sheet February 28, 2021 Liabilities and Owner's Equity Assets $9.428 Liabilities Cash 5.309 Notes payable Accounts receivable $25.973 Land Accounts payable Building and equipment 41343 Total liabilities 43721 Total assets M.Oriole. Capital Total labilities and owner's S90.933 equity ORIOLE COMPANY Income Statement Year Ended February 28, 2021 Revenues Service revenues $94815 Expenses $31.982 Salaries expense Other...
Question 10 /10 View Policies Current Attempt in Progress (a) Here are incomplete financial statements for...
Question 10 /10 View Policies Current Attempt in Progress (a) Here are incomplete financial statements for Oriole Company: Calculate the missing amounts ORIOLE COMPANY Balance Sheet February 28, 2021 Assets Liabilities and Owner's Equity Cash $9,428 Liabilities 5,309 Notes payable $25,973 Accounts receivable Land Accounts payable Building and 41.343 Total liabilities 43,721 equipment Total assets M. Oriole, Capital Total liabilities and owner's $90,933 equity ORIOLE COMPANY Income Statement Year Ended February 28, 2021 Revenues Service revenues $94.815 Expenses Salaries expense...
Send to Gradebook ting Question 2 View Policies Current Attempt in Progress Indicate whether the following...
Send to Gradebook ting Question 2 View Policies Current Attempt in Progress Indicate whether the following items would appear on the income statement, balance sheet, or retained earnings statement. upport (a) Notes payable (b) Advertising expense Income statement (c) Common stock Balance sheet (d) Cash (e) Service revenue Income statement (f) Dividends e Textbook and Media Save for Later Last saved 1 second ago.
prepare an owners equity statement for the year. cullumber did not make any capital investments during...
prepare an owners equity statement for the year. cullumber did
not make any capital investments during the year
ESOURCES 13 Credit Debit $8,300 9,000 15,800 s by Study Cullumber Company Adjusted Trial Balance July 31, 2020 No. Account Titles 101 Cash 112 Accounts Receivable 157 Equipment 158 Accumulated Depreciation-Equip. 201 Accounts Payable 208 Uneamed Rent Revenue 301 Owner's Capital 306 Owner's Drawings 400 Service Revenue 429 Rent Revenue 711 Depreciation Expense 726 Salaries and Wages Expense 732 Utilities Expense $7,700...
These financial statement items are for Cullumber Company at year-end, July 31, 2022. Salaries and wages...
These financial statement items are for Cullumber Company at year-end, July 31, 2022. Salaries and wages payable Salaries and wages expense Supplies expense Equipment Accounts payable Service revenue Rent revenue Notes payable (due in 2025) Common stock Cash Accounts receivable Accumulated depreciation-equipment Dividends Depreciation expense Retained earnings (beginning of the year) $ 3,500 59,100 17,500 16,120 4,400 67,700 10,400 3,700 16,000 37,280 11,700 8,000 4,000 4,000 36,000 Prepare an income statement for the year. Cullumber Company did not issue any...
Question 9 View Policies Current Attempt in Progress These financial statement items are for Sandhill Co. at year-end, July 31, 2022 Salaries and wages payable Salaries and wages expense Supplies expense Equipment Accounts payable Service revenue Rent revenue Notes payable (due in 2025) Common stock Cash Accounts receivable Accumulated depreciation-equipment Dividends Depreciation expense Retained earnings (beginning of the year) $4,000 59,000 17,500 15,460 3,700 67,600 10,400 3,000 16,000 36,640 11,100 7,500 4,000 4,000 35,500 Prepare an income statement for the...
View Policies Current Attempt in Progress These financial statement items are for Carla Vista Co. at year-end, July 31, 2022 Salaries and wages payable Salaries and wages expense Supplies expense Equipment Accounts payable Service revenue Rent revenue Notes payable (due in 2025) Common stock Cash Accounts receivable Accumulated depreciation-equipment Dividends Depreciation expense Retained earnings (beginning of the year) $3,800 59,200 16,900 17,860 3,600 67,800 9,800 3,000 16,000 34,140 11,000 7,400 4,000 4,000 35,700 Prepare an income statement for the year....
OURCES ed HW Question 1 These financial statement items are for Blossom Company at year-end, July 31, 2020. Salaries and wages payable $1,500 Notes payable (long-term) $1,600 Salaries and wages 51,000 Cash 13,000 expense Utilities expense 22,000 Accounts receivable 9,000 Equipment 29,000 Accumulated depreciation-equipment 5,500 Accounts payable 4,500 Owner's drawings 2,500 Service revenue 60,500 Depreciation expense 3,500 Rent revenue Owner's Capital (beginning of the 8,000 year) 48,400 Study. CALCULATOR PRINTER VERSION BACK Prepare an income statement for the year. The...
Current Attempt in Progress These financial statement items are for Ivanhoe Company at year and July 21, 2022 $ 2.500 50.900 17,400 20.630 Salaries and wages payable Salaries and wages expense Suppesexpense Get Accounts payable Service reves Rent revenue Notes payable dus in 2025 Common stock Cash Accounts receivable Accumulated depreciation- uipment Dividends Depreciation expense Retained earnings beginning of the year) 67,400 10.300 2.500 16,000 31.470 11.600 8.000 4000 4.000 35,300 Prepare an income statement for the year. Ivanhoe Company...
Use
the numbers above for a retained earnings sheet.
Question 3 View Policies Current Attempt in Progress These financial statement items are for Sheridan Company at year-end, July 31, 2022 Salaries and wages payable Salaries and wages expense Supplies expense Equipment Accounts payable Service revenue Rent revenue Notes payable due in 2025) Common stock $4,100 59.100 17.300 17,620 4000 67,700 10.200 3.700 Accounts receivable Accumulated depreciation-couiment Dividends Depreciation expense Retained earnings beginning of the year 16,000 35.280 11.700 7400 4000...
Question 10 View Policies Current Attempt in Progress (a) Here are incomplete financial statements for Oriole Company: Calculate the missing amounts ORIOLE COMPANY Balance Sheet February 28, 2021 Liabilities and Owner's Equity Assets $9.428 Liabilities Cash 5.309 Notes payable Accounts receivable $25.973 Land Accounts payable Building and equipment 41343 Total liabilities 43721 Total assets M.Oriole. Capital Total labilities and owner's S90.933 equity ORIOLE COMPANY Income Statement Year Ended February 28, 2021 Revenues Service revenues $94815 Expenses $31.982 Salaries expense Other...
Question 10 /10 View Policies Current Attempt in Progress (a) Here are incomplete financial statements for Oriole Company: Calculate the missing amounts ORIOLE COMPANY Balance Sheet February 28, 2021 Assets Liabilities and Owner's Equity Cash $9,428 Liabilities 5,309 Notes payable $25,973 Accounts receivable Land Accounts payable Building and 41.343 Total liabilities 43,721 equipment Total assets M. Oriole, Capital Total liabilities and owner's $90,933 equity ORIOLE COMPANY Income Statement Year Ended February 28, 2021 Revenues Service revenues $94.815 Expenses Salaries expense...
Send to Gradebook ting Question 2 View Policies Current Attempt in Progress Indicate whether the following items would appear on the income statement, balance sheet, or retained earnings statement. upport (a) Notes payable (b) Advertising expense Income statement (c) Common stock Balance sheet (d) Cash (e) Service revenue Income statement (f) Dividends e Textbook and Media Save for Later Last saved 1 second ago.
prepare an owners equity statement for the year. cullumber did
not make any capital investments during the year
ESOURCES 13 Credit Debit $8,300 9,000 15,800 s by Study Cullumber Company Adjusted Trial Balance July 31, 2020 No. Account Titles 101 Cash 112 Accounts Receivable 157 Equipment 158 Accumulated Depreciation-Equip. 201 Accounts Payable 208 Uneamed Rent Revenue 301 Owner's Capital 306 Owner's Drawings 400 Service Revenue 429 Rent Revenue 711 Depreciation Expense 726 Salaries and Wages Expense 732 Utilities Expense $7,700...
These financial statement items are for Cullumber Company at year-end, July 31, 2022. Salaries and wages payable Salaries and wages expense Supplies expense Equipment Accounts payable Service revenue Rent revenue Notes payable (due in 2025) Common stock Cash Accounts receivable Accumulated depreciation-equipment Dividends Depreciation expense Retained earnings (beginning of the year) $ 3,500 59,100 17,500 16,120 4,400 67,700 10,400 3,700 16,000 37,280 11,700 8,000 4,000 4,000 36,000 Prepare an income statement for the year. Cullumber Company did not issue any...
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