Please help, it would be greatly appreciated :)
Please help, it would be greatly appreciated :) Using T-accounts, enter the beginning balances in the...
Problem 5-3A (Part Level Submission) At the beginning of the current season on April 1, the ledger of Granite Hills Pro Shop showed Cash $3,280; Inventory $3,500; and Common Stock $6,780. The following transactions were completed during April 2017. Apr. 5 Purchased golf bags, clubs, and balls on account from Arnie Co. $2,000, terms 3/10, n/60. 7 Paid freight on Arnie purchase $80. 9 Received credit from Arnie Co. for merchandise returned $200. 10 Sold merchandise on account to members...
create t accounts and a partial income statement using the following info: At the beginning of the current season on April 1. the edge of Cullumber Pro Shop showed Cash $3.065, Inventory $4.065 and Common Stock 57,130. The following transactions occurred during April 2022 Apr. 5 Purchased golf bags.clubs and balls on account from Arnie Co. $1.695. terms 3/10.60 7 Paid freighton Arnie Co purchases $90 Received credit from Arnie Co for merchandise returned $395. 10 Sold merchandise on account...
At the beginning of the current season on April 1, the ledger of Oriole Pro Shop showed Cash $2,660; Inventory $3,500; and Common Stock $6,160. The following transactions were completed during April 2022. Apr. 5 Purchased golf bags, clubs, and balls on account from Arnie Co. $1,700, terms 3/10, n/60. 7 Paid freight on Arnie purchase $80. 9 Received credit from Arnie Co. for merchandise returned $600. 10 Sold merchandise on account to members $1,410, terms n/30. The merchandise sold...
At the beginning of the current season on April 1, the ledger of Wildhorse Pro Shop showed Cash $3,210; Inventory $3,500; and Common Stock $6,710. The following transactions were completed during April 2022. At the beginning of the current season on April 1, the ledger of Wildhorse Pro Shop showed Cash $3,210; Inventory $3,500; and Common Stock $6,710. The following transactions were completed during April 2022. Apr. 5 Purchased golf bags, clubs, and balls on account from Arnie Co. $1,400,...
Question 2 View Policies Current Attempt in Progress At the beginning of the current season on April 1, the ledger of Crane Pro Shop showed Cash $2,910; Inventory $3.500, and Common Stock $6,410. The following transactions were completed during April 2022 Apr.5 Purchased golf bags, clubs, and balls on account from Arnie Co $1,900, terms 3/10, 1/60 7 Paid freight on Arnie purchase $80. 9 Received credit from Arnie Co. for merchandise returned $500. 10 Sold merchandise on account to...
At the beginning of the current season on April 1, the ledger of Blossom Pro Shop showed Cash $2,600; Inventory $3,500; and Common Stock $6,100. The following transactions were completed during April 2022. Apr.5 Purchased golf bags, clubs, and balls on account from Arnie Co. $1,400, terms 2/10, n/60. 7 Paid freight on Arnie purchase $80. 9 Received credit from Arnie Co.for merchandise returned $200. 10 Sold merchandise on account to members $1,200, terms n/30. The merchandise sold had a...
At the beginning of the current season on April 1, the ledger of Sunland Pro Shop showed Cash $2.940: Inventory $3,500, and Common Stock $6,440. The following transactions were completed during April 2022. Apr.5 Purchased golf bags, clubs, and balls on account from Arnie Co. $2.000 terms 2/10, 1/60 7 Paid freight on Arnie purchase $80. 9 Received credit from Arnie Co.for merchandise returned $600. 10 Sold merchandise on account to members 51.390 terms 1/30. The merchandise sold had a...
Cost of Goods Sold Prepare a trial balance on April 30, 2022. (Do not list those accounts that have zero ending balance.) CRANE PRO SHOP Trial Balance Debit Credit e Textbook and Media List of Accounts Prepare an income statement through gross profit for the month of April 2022. CRANE PRO SHOP Income Statement (Partial) At the beginning of the current season on April 1, the ledger of Crane Pro Shop showed Cash $2,910; Inventory $3,500; and Common Stock $6,410....
At the beginning of the current 2022 son on April 1, the edge of Ivanhoe Pro Shop showed Cash $3,070, Inventory $4.070and Common Stock $7.140. The fo Apr. 5 Purchased golf bags.clubs, and balls on account from Arnie Co. $1,710, terms 4/10, V60 7 Paid freight on Arnie Co purchases $91. 9 Received credit from Arnie Co. for merchandise returned $410. 10 Sold merchandise on account to members $1.528 terms V30. 12 Purchased golf shoes, weaters, and other accessories on...
--/3 Question 2 View Policies Current Attempt in Progress At the beginning of the current season on April 1, the ledger of Blossom Pro Shop showed Cash $3,055; Inventory $4,055; and Common Stock $7,110. The following transactions occurred during April 2022. Apr. 5 Purchased golf bags, clubs, and balls on account from Arnie Co. $1,665, terms 3/10, 1/60. 7 Paid freight on Arnie Co, purchases $89. 9 Received credit from Arnie Co. for merchandise returned $365. 10 Sold merchandise on...