Homework Answers
| PLANTA COMPANY | |||||||
| Work Sheet | |||||||
| Adjusted Trial Balance | Income Statement | Balance Sheet and Statement of Owner's Equity | |||||
| No. | Account Title | Dr. | Cr. | Dr. | Cr. | Dr. | Cr. |
| Totals | 181563 | 181563 | 68027 | 87000 | 113536 | 94563 | |
| Net income | 18973 | 18973 | |||||
| Totals | 87000 | 87000 | 113536 | 113536 | |||
Add Answer to:
The Adjusted Trial Balance for Planta Company follows. Complete the work sheet by extending the account...
The Adjusted Trial Balance for Planta Company follows. Complete the work sheet by extending the account...
The Adjusted Trial Balance for Planta Company follows. Complete the work sheet by extending the account balances into the appropriate financial statement columns and by entering the amount of net income for the reporting period. PLANTA COMPANY Work Sheet Adjusted Trial Balance Income Statement Balance Sheet and Statement of Owner's Equity Dr. Cr. Cr. Dr. Cr. Dr. 6,700 29,279 40,500 $ 16,281 30,000 15,611 No. Account Title 101 Cash 106 Accounts receivable 153 Trucks 154 Accumulated depreciation-Trucks 183 Land 201...
The Adjusted Trial Balance for Planta Company follows. Complete the work sheet by extending the account...
The Adjusted Trial Balance for Planta Company follows. Complete the work sheet by extending the account balances into the appropriate financial statement columns and by entering the amount of net income for the reporting period. PLANTA COMPANY Work Sheet Adjusted Trial Balance Income Statement Balance Sheet No. Account Title Dr. Cr. Dr. Cr. Dr. Cr. 101 Cash $ 106 Accounts receivable 4,500 19,665 42,500 153 Trucks 154 Accumulated depreciation—Trucks $ 17,085 183 Land 30,000 201 Accounts payable 209 Salaries payable...
Check my 1 The Adjusted Trial Balance for Planta Company follows. Complete the work sheet by...
Check my 1 The Adjusted Trial Balance for Planta Company follows. Complete the work sheet by extending the account balances into the appropriate financial statement columns and by entering the amount of net income for the reporting period. 10 points PLANTA COMPANY Work Sheet Adjusted Trial Balance Income Statement Balance Sheet and Statement of Owner's Equity Dr. Cr. Cr. Dr. Cr. Book $ Dr. 7000 27.200 42.000 References $ 17,500 32.000 No. Account Title 101 Cash 106 Accounts receivable 153...
Exercise 4-2 Extending accounts in a work sheet LO P1 The Adjusted Trial Balance for Planta...
Exercise 4-2 Extending accounts in a work sheet LO P1 The Adjusted Trial Balance for Planta Company follows. Complete the work sheet by extending the account balances into the appropriate financial statement columns and by entering the amount of net income for the reporting period. PLANTA COMPANY Work Sheet Adjusted Trial Balance Income Statement cr. Dr. Cr. $ $ Dr. 6,200 27,094 42,000 $ 16,884 Balance Sheet and Statement of Owner's Equity Dr. Cr. 6,200 27,094 42,000 $ 16,884 30,000...
these show wrong Return Adjusted Trial Balance Income Statement Balance Sheet and Statement of Owner's Equity...
these show wrong
Return Adjusted Trial Balance Income Statement Balance Sheet and Statement of Owner's Equity Dr. Cr. Dr. Cr. Account Title Dr. Cr. No. $ 101 $ 4,300 4,300 Cash 106 18,791 18.791 Accounts receivable 40,000 40,000 153 Trucks 16,080 X $ 16,080 $ 16,080 154 30,000 30 000 183 201 209 10 019 2.292 1 692 60.710 10,019 2,292 1,692 60 710 Accumulated depreciation-Trucks Land Accounts payable Salaries payable Unearned fees F. Planta, Capital F. Planta. Withdrawals Plumbing...
Exercise 4-10 Entering data for closing entries and a post-closing trial balance LO P2, P3 The...
Exercise 4-10 Entering data for closing entries and a post-closing trial balance LO P2, P3 The adjusted trial balance for Salon Marketing Co. follows. Complete the four right-most columns of the table by (1) entering information for the four closing entries in the middle columns and (2) completing the post-closing trial balance columns Post-Closing Trial Balance Dr. Cr. No. Account Title 101 Cash 106 Accounts receivable 153 Equipment 154 Accumulated depreciation- Equipment 183 Land 201 Accounts payable 209 Salaries payable...
Required: a. Use the adjusted trial balance to prepare the December 31, 2018, year-end income statement....
Required:
a. Use the adjusted trial balance to prepare
the December 31, 2018, year-end income statement.
b. Use the adjusted trial balance to prepare
the December 31, 2018, year-end statement of retained earnings.
c. Use the adjusted trial balance to prepare
the December 31, 2018, year-end balance sheet.
QS 3-19 Preparing financial statements LO P3 The adjusted trial balance for Zahurak Company follows. No. 101 106 153 154 183 201 209 233 307 318 Adjusted Trial Balance December 31, 2018...
No. Cr. . The adjusted trial balance for Zahurak Company follows. Adjusted Trial Balance December 31,...
No. Cr. . The adjusted trial balance for Zahurak Company follows. Adjusted Trial Balance December 31, 2018 Account Title Dr. 101 Cash $ 6,500 106 Accounts receivable 28,405 153 Trucks 39,500 154 Accumulated depreciation-Trucks 15,879 183 Land 30,000 201 Accounts payable 15,145 209 Salaries payable 3,465 233 Unearned fees 2,865 307 Common stock 15,000 Retained earnings, December 31, 318 2017 47,700 319 Dividends 26,076 401 Plumbing fees earned 94,000 611 Depreciation expense-Trucks 5,293 622 Salaries expense 43,992 640 Rent expense...
Credit $ 8,550 The adjusted trial balance at April 30, 2020, for Zhang Co. follows. Debit...
Credit $ 8,550 The adjusted trial balance at April 30, 2020, for Zhang Co. follows. Debit 101 Cash $ 3,900 106 Accounts receivable 8,800 153 Trucks 27,500 154 Accumulated depreciation, trucks 193 Franchise 13,500 201 Accounts payable 209 Salaries payable 233 Unearned revenue 301 Angel Zhang, capital 302 Angel Zhang, withdrawals 9,900 Plumbing revenue 611 Depreciation expense, trucks 5,200 622 Salaries expense 18,100 640 Rent expense 3,300 Advertising expense 7,200 901 Income summary Totals $97,400 9,900 3,500 1,300 30,600 43,550...
Exercise 4-10 See the instructions below (starting on line 28) The adjusted trial balance for Salon...
Exercise 4-10 See the instructions below (starting on line 28) The adjusted trial balance for Salon Marketing Co. as of December 31 follows: Adjusted Trial Balance Closing Entries Dr. C Post-Closing Trial Balance Dr. Dr. 9,200 25,000 42,000 17,500 31,000 Acct. Account title 101 Cash 106 Accounts receivable 153 Equipment 154 Accumulated depreciation - Equipment 183 Land 201 Accounts payable 209 Salaries payable 233 Unearned fees 301 E. Salon, Capital 302 E. Salon, Withdrawals 401 Marketing fees earned 611 Depreciation...
The Adjusted Trial Balance for Planta Company follows. Complete the work sheet by extending the account balances into the appropriate financial statement columns and by entering the amount of net income for the reporting period. PLANTA COMPANY Work Sheet Adjusted Trial Balance Income Statement Balance Sheet and Statement of Owner's Equity Dr. Cr. Cr. Dr. Cr. Dr. 6,700 29,279 40,500 $ 16,281 30,000 15,611 No. Account Title 101 Cash 106 Accounts receivable 153 Trucks 154 Accumulated depreciation-Trucks 183 Land 201...
The Adjusted Trial Balance for Planta Company follows. Complete the work sheet by extending the account balances into the appropriate financial statement columns and by entering the amount of net income for the reporting period. PLANTA COMPANY Work Sheet Adjusted Trial Balance Income Statement Balance Sheet No. Account Title Dr. Cr. Dr. Cr. Dr. Cr. 101 Cash $ 106 Accounts receivable 4,500 19,665 42,500 153 Trucks 154 Accumulated depreciation—Trucks $ 17,085 183 Land 30,000 201 Accounts payable 209 Salaries payable...
Check my 1 The Adjusted Trial Balance for Planta Company follows. Complete the work sheet by extending the account balances into the appropriate financial statement columns and by entering the amount of net income for the reporting period. 10 points PLANTA COMPANY Work Sheet Adjusted Trial Balance Income Statement Balance Sheet and Statement of Owner's Equity Dr. Cr. Cr. Dr. Cr. Book $ Dr. 7000 27.200 42.000 References $ 17,500 32.000 No. Account Title 101 Cash 106 Accounts receivable 153...
Exercise 4-2 Extending accounts in a work sheet LO P1 The Adjusted Trial Balance for Planta Company follows. Complete the work sheet by extending the account balances into the appropriate financial statement columns and by entering the amount of net income for the reporting period. PLANTA COMPANY Work Sheet Adjusted Trial Balance Income Statement cr. Dr. Cr. $ $ Dr. 6,200 27,094 42,000 $ 16,884 Balance Sheet and Statement of Owner's Equity Dr. Cr. 6,200 27,094 42,000 $ 16,884 30,000...
these show wrong
Return Adjusted Trial Balance Income Statement Balance Sheet and Statement of Owner's Equity Dr. Cr. Dr. Cr. Account Title Dr. Cr. No. $ 101 $ 4,300 4,300 Cash 106 18,791 18.791 Accounts receivable 40,000 40,000 153 Trucks 16,080 X $ 16,080 $ 16,080 154 30,000 30 000 183 201 209 10 019 2.292 1 692 60.710 10,019 2,292 1,692 60 710 Accumulated depreciation-Trucks Land Accounts payable Salaries payable Unearned fees F. Planta, Capital F. Planta. Withdrawals Plumbing...
Exercise 4-10 Entering data for closing entries and a post-closing trial balance LO P2, P3 The adjusted trial balance for Salon Marketing Co. follows. Complete the four right-most columns of the table by (1) entering information for the four closing entries in the middle columns and (2) completing the post-closing trial balance columns Post-Closing Trial Balance Dr. Cr. No. Account Title 101 Cash 106 Accounts receivable 153 Equipment 154 Accumulated depreciation- Equipment 183 Land 201 Accounts payable 209 Salaries payable...
Required:
a. Use the adjusted trial balance to prepare
the December 31, 2018, year-end income statement.
b. Use the adjusted trial balance to prepare
the December 31, 2018, year-end statement of retained earnings.
c. Use the adjusted trial balance to prepare
the December 31, 2018, year-end balance sheet.
QS 3-19 Preparing financial statements LO P3 The adjusted trial balance for Zahurak Company follows. No. 101 106 153 154 183 201 209 233 307 318 Adjusted Trial Balance December 31, 2018...
No. Cr. . The adjusted trial balance for Zahurak Company follows. Adjusted Trial Balance December 31, 2018 Account Title Dr. 101 Cash $ 6,500 106 Accounts receivable 28,405 153 Trucks 39,500 154 Accumulated depreciation-Trucks 15,879 183 Land 30,000 201 Accounts payable 15,145 209 Salaries payable 3,465 233 Unearned fees 2,865 307 Common stock 15,000 Retained earnings, December 31, 318 2017 47,700 319 Dividends 26,076 401 Plumbing fees earned 94,000 611 Depreciation expense-Trucks 5,293 622 Salaries expense 43,992 640 Rent expense...
Credit $ 8,550 The adjusted trial balance at April 30, 2020, for Zhang Co. follows. Debit 101 Cash $ 3,900 106 Accounts receivable 8,800 153 Trucks 27,500 154 Accumulated depreciation, trucks 193 Franchise 13,500 201 Accounts payable 209 Salaries payable 233 Unearned revenue 301 Angel Zhang, capital 302 Angel Zhang, withdrawals 9,900 Plumbing revenue 611 Depreciation expense, trucks 5,200 622 Salaries expense 18,100 640 Rent expense 3,300 Advertising expense 7,200 901 Income summary Totals $97,400 9,900 3,500 1,300 30,600 43,550...
Exercise 4-10 See the instructions below (starting on line 28) The adjusted trial balance for Salon Marketing Co. as of December 31 follows: Adjusted Trial Balance Closing Entries Dr. C Post-Closing Trial Balance Dr. Dr. 9,200 25,000 42,000 17,500 31,000 Acct. Account title 101 Cash 106 Accounts receivable 153 Equipment 154 Accumulated depreciation - Equipment 183 Land 201 Accounts payable 209 Salaries payable 233 Unearned fees 301 E. Salon, Capital 302 E. Salon, Withdrawals 401 Marketing fees earned 611 Depreciation...
Most questions answered within 3 hours.
-
Calculate the pH of a 5.7 M solution of aniline (C6H5NH2; Kb =
3.8 x 10^-10)
asked 49 minutes ago -
LSL R3, R3, R12
Memory
Address
Orig.
Data
Updated
Data
Register
Orig.
Data
Updated
Data
0x84F0...
asked 52 minutes ago -
Air at 100 kPa and density of 1.2 kg/m3 flows upward through a
5-cm diameter inclined...
asked 59 minutes ago -
Define the following concepts in your own words: (a) stiffness,
(b) strength, (c) strain,
(d) ductility,...
asked 1 hour ago -
In C++
In this homework, you will be tasked with creating functions to
manipulate strings that...
asked 2 hours ago -
An isolated colony represents a pure culture. one rare occasions
, however , a colony can...
asked 2 hours ago -
*****DO NOT ANSWER THIS QUESTION IF YOU DON'T
KNOW*******Rights and Duties of Auditors; Minimum 4000
words...
asked 3 hours ago -
The probability that Janie is wearing sunglasses is 1/4. The
probability that she is wearing sunglasses...
asked 4 hours ago -
Do you believe social media is more of a help or a hindrance in
controlling crises...
asked 4 hours ago -
Two long, parallel wires separated by 2.85 cm carry currents in
opposite directions. The current in...
asked 3 hours ago -
Question # 1. Develop a list of rehabilitation journals
that publish articles concerning career counseling for...
asked 4 hours ago -
Bryant Company has a factory machine with a book value of
$85,100 and a remaining useful...
asked 4 hours ago