Homework Answers
rent expense is cash outflow for a company
so cash will credited
rent expense will be debited
cash
| PR | debit | credit | BALANCE | |
| Jan 30 | J1 | 2000 | 1500 DR | |
| RENT | ||||
| JAN 30 | J1 | 2000 | 2000DR | |
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Journal Use the drop-down menus. where available, and key in the remaining information then click on...
Use the drop-down menus, where available. and key in the remaining information then click on Submit...
Use the drop-down menus, where available. and key in the remaining information then click on Submit Date: 2017 PR Credit Debit 6.000 Jan 1 101 400 6.000 Account Title and Explanation Cash Service Revenue To record cash sales Computers Cash Buy new Computersdiv> Jan 10 3.000 3.000 GL No. 101 General Ledgers Date: 2017 Account: Cash Description Debit Credit Balance DR OR CR Opening Balance 1.500 Jan 1 6,000 7.500 DR Date GL No. 120 General Ledgers Date: 2017 Account:...
Journal drop-down menus, where available. in the remaining information then Submit. Debit Credit Date: 2017 Jan...
Journal drop-down menus, where available. in the remaining information then Submit. Debit Credit Date: 2017 Jan 20 1.000 Account Title and Explanation Accounts Payable Cash Paid accounts payable 1.000 rrival 19-11-07 GL No. 101 19-11-06 General Ledgers Date: 2017 Account: Cash Description Credit Debit Balance DR Or CR 19-11-09 Opening Balance 1,500 7.500 19-11-08 6.000 Jan 1 Jan 10 3,000 4500 19-11-08 Date 19-11-0 19-11-0 GL No 200 General Ledgers Date: 2017 Account Accounts Payable Description DR or CR Debit...
162-163 / 826 ounting Principles Workbook (Student... pages: The Accounting de Journal and Ledges C4 Case...
162-163 / 826 ounting Principles Workbook (Student... pages: The Accounting de Journal and Ledges C4 Case Study CS- 101234567 Renu Mawan has been operating her own interior design business called Mawani interiors for a couple of years. The following transactions occurred in March 2018 Mar 2 Pald cash of $2,000 for Marchs office rental Mar Renu invested 57,000 cash into the business Mar 4 Purchased equipment on account for 50.000 Mar 6 Received $2.000 cash from a client that owed...
Do all parts A-i The Accounting Cycle: Statements and Closing Entries Chapter 6 Case Study CS-1...
Do all parts A-i
The Accounting Cycle: Statements and Closing Entries Chapter 6 Case Study CS-1 LO 1 2 3 4 Grindstone Paving provides residential and commercial paving services. Its balance sheet at the end of June 2018 is shown below, along with its chart of accounts Grindstone Paving Balance Sheet As at June 30, 2018 Assets Liabilities Cash $7.580 Accounts Payable $15,800 Accounts Receivable 6,000 Unearned Revenue 6,200 Prepaid Insurance 1,800 Notes Payable 22.000 Equipment 55,000 Total Liabilities 44,000...
GENERAL LEDGER Account: Date Account: Date GL No: Balance Description PR DR CR GL No: Balance...
GENERAL LEDGER Account: Date Account: Date GL No: Balance Description PR DR CR GL No: Balance Description PR DR CR Account: Date GL No: Balance Description PR DR CR Account: Date Description PR GL No: Balance PR DR CR Account: Date GL No: Balance Description PR DR CR Account: Date GL No: Balance Description PR DR CR Account: Date GL No: Balance Description PR DR CR Account: Date GL No: Balance Description PR DR CR Account: Date GL No: Balance...
GENERAL LEDGER IN LAST 3 PHOTOS Post the transactions for June 1 - 30 to the...
GENERAL LEDGER IN LAST 3 PHOTOS
Post the transactions for June 1 - 30 to the General
Ledger. Opening balances have been provided above. Be sure to keep
running balance in each account.
Case Study Full Accounting Cycle Melissa Days and Kelly Harbor formed the Corporation Sports R Us. They sell sporting goods and give lessons. They have hired you to update their transactions for the business. They have provided you with the opening balances and a list of transactions...
Please do A,B,C, Analysis, AP-13a and AP-14a AP-12AL034567 Zig Zag Robotics has the following adjustments to...
Please do A,B,C, Analysis, AP-13a and AP-14a
AP-12AL034567 Zig Zag Robotics has the following adjustments to make at the end of September 2018, the end of its fiscal year. Sep 30 Unearned revenue of $850 has now been earned Sep 30 A count of the office supplies shows that 5430 worth of supplies still remains on hand Sep 30 Salaries accrued but not yet pald amount to $2430 Sep 30 Monthly depreciation on equipment was $600 The chart of accounts...
The Accounting Cycle Statements and Closing Entries Chapter 6 Case Study CS-1 LO 1234 Grindstone Paving...
The Accounting Cycle Statements and Closing Entries Chapter 6 Case Study CS-1 LO 1234 Grindstone Paving provides residential and commercial paving services. Its balance sheet at the end of June 2018 is shown below, along with its chart of accounts. Grindstone Paving Balance Sheet As at June 30, 2018 Assets Liabilities Cash $7.580 Accounts Payable $15,800 Accounts Receivable 6,000 Unearned Revenue 6,200 Prepaid Insurance 1,800 Notes Payable 22.000 Equipment 55.000 Total Liabilities 44,000 Owner's Equity Stone, Capital 26,380 Total Assets...
Now that all adjusting entries have been posted to the general ledger, you are asked to...
Now that all adjusting entries have been posted to the general ledger, you are asked to prepare the schedule of accounts receivable and the schedule of accounts payable as at June 30, 2020. The purpose of preparing the schedule of accounts receivable is to verify that the sum of the customer balances recorded in the accounts receivable subsidiary ledger is equal to the balance of the Accounts Receivable control account in the general ledger. Similarly, the purpose of the schedule...
find and correct the wrong part Name Date ANSWERS TO SECTION 7.2 EXERCISES (cont.) Exercise 1...
find and correct the wrong part
Name Date ANSWERS TO SECTION 7.2 EXERCISES (cont.) Exercise 1 (cont.) ACCOUNT Revenue No. 400 PARTICULARS P.R. DEBIT DATE 20 Oct 31 CREDIT DRCR BALANCE Forwarded 400 - 300 - CR CR CR 20 lolog ACCOUNT Car Expense No. 505 P.R. DEBIT CREDIT DR/CR BALANCE DATE PARTICULARS 20- Oct 31 Forwarded Nov. 15 DR DR 29161430 316 4 30 200 ACCOUNT Rent Expense No. 510 DATE PARTICULARS PR DEBIT CREDIT DR/CR BALANCE Forwarded DR...
Use the drop-down menus, where available. and key in the remaining information then click on Submit Date: 2017 PR Credit Debit 6.000 Jan 1 101 400 6.000 Account Title and Explanation Cash Service Revenue To record cash sales Computers Cash Buy new Computersdiv> Jan 10 3.000 3.000 GL No. 101 General Ledgers Date: 2017 Account: Cash Description Debit Credit Balance DR OR CR Opening Balance 1.500 Jan 1 6,000 7.500 DR Date GL No. 120 General Ledgers Date: 2017 Account:...
Journal drop-down menus, where available. in the remaining information then Submit. Debit Credit Date: 2017 Jan 20 1.000 Account Title and Explanation Accounts Payable Cash Paid accounts payable 1.000 rrival 19-11-07 GL No. 101 19-11-06 General Ledgers Date: 2017 Account: Cash Description Credit Debit Balance DR Or CR 19-11-09 Opening Balance 1,500 7.500 19-11-08 6.000 Jan 1 Jan 10 3,000 4500 19-11-08 Date 19-11-0 19-11-0 GL No 200 General Ledgers Date: 2017 Account Accounts Payable Description DR or CR Debit...
162-163 / 826 ounting Principles Workbook (Student... pages: The Accounting de Journal and Ledges C4 Case Study CS- 101234567 Renu Mawan has been operating her own interior design business called Mawani interiors for a couple of years. The following transactions occurred in March 2018 Mar 2 Pald cash of $2,000 for Marchs office rental Mar Renu invested 57,000 cash into the business Mar 4 Purchased equipment on account for 50.000 Mar 6 Received $2.000 cash from a client that owed...
Do all parts A-i
The Accounting Cycle: Statements and Closing Entries Chapter 6 Case Study CS-1 LO 1 2 3 4 Grindstone Paving provides residential and commercial paving services. Its balance sheet at the end of June 2018 is shown below, along with its chart of accounts Grindstone Paving Balance Sheet As at June 30, 2018 Assets Liabilities Cash $7.580 Accounts Payable $15,800 Accounts Receivable 6,000 Unearned Revenue 6,200 Prepaid Insurance 1,800 Notes Payable 22.000 Equipment 55,000 Total Liabilities 44,000...
GENERAL LEDGER Account: Date Account: Date GL No: Balance Description PR DR CR GL No: Balance Description PR DR CR Account: Date GL No: Balance Description PR DR CR Account: Date Description PR GL No: Balance PR DR CR Account: Date GL No: Balance Description PR DR CR Account: Date GL No: Balance Description PR DR CR Account: Date GL No: Balance Description PR DR CR Account: Date GL No: Balance Description PR DR CR Account: Date GL No: Balance...
GENERAL LEDGER IN LAST 3 PHOTOS
Post the transactions for June 1 - 30 to the General
Ledger. Opening balances have been provided above. Be sure to keep
running balance in each account.
Case Study Full Accounting Cycle Melissa Days and Kelly Harbor formed the Corporation Sports R Us. They sell sporting goods and give lessons. They have hired you to update their transactions for the business. They have provided you with the opening balances and a list of transactions...
Please do A,B,C, Analysis, AP-13a and AP-14a
AP-12AL034567 Zig Zag Robotics has the following adjustments to make at the end of September 2018, the end of its fiscal year. Sep 30 Unearned revenue of $850 has now been earned Sep 30 A count of the office supplies shows that 5430 worth of supplies still remains on hand Sep 30 Salaries accrued but not yet pald amount to $2430 Sep 30 Monthly depreciation on equipment was $600 The chart of accounts...
The Accounting Cycle Statements and Closing Entries Chapter 6 Case Study CS-1 LO 1234 Grindstone Paving provides residential and commercial paving services. Its balance sheet at the end of June 2018 is shown below, along with its chart of accounts. Grindstone Paving Balance Sheet As at June 30, 2018 Assets Liabilities Cash $7.580 Accounts Payable $15,800 Accounts Receivable 6,000 Unearned Revenue 6,200 Prepaid Insurance 1,800 Notes Payable 22.000 Equipment 55.000 Total Liabilities 44,000 Owner's Equity Stone, Capital 26,380 Total Assets...
Now that all adjusting entries have been posted to the general ledger, you are asked to prepare the schedule of accounts receivable and the schedule of accounts payable as at June 30, 2020. The purpose of preparing the schedule of accounts receivable is to verify that the sum of the customer balances recorded in the accounts receivable subsidiary ledger is equal to the balance of the Accounts Receivable control account in the general ledger. Similarly, the purpose of the schedule...
find and correct the wrong part
Name Date ANSWERS TO SECTION 7.2 EXERCISES (cont.) Exercise 1 (cont.) ACCOUNT Revenue No. 400 PARTICULARS P.R. DEBIT DATE 20 Oct 31 CREDIT DRCR BALANCE Forwarded 400 - 300 - CR CR CR 20 lolog ACCOUNT Car Expense No. 505 P.R. DEBIT CREDIT DR/CR BALANCE DATE PARTICULARS 20- Oct 31 Forwarded Nov. 15 DR DR 29161430 316 4 30 200 ACCOUNT Rent Expense No. 510 DATE PARTICULARS PR DEBIT CREDIT DR/CR BALANCE Forwarded DR...
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