Homework Answers
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FUZZY INVESTMENT ADVISERS BALANCE SHEET DECEMBER 31,2018 |
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| ASSET | LIABILITIES | |||
| Current asset | Current liabilities | |||
| cash | 29000 | Accounts payable | 16000 | |
| Accounts receivable | 58000 | salaries payable | 3000 | |
| Office supplies | 8000 | Unearned revenue | 4100 | |
| Total current liabilities | 23100 | |||
| Total current asset | 95000 | long term liabilities | ||
| Non current asset | Note payable (long term) | 18000 | ||
| Equipment (gross) | 23000 | Total liabilities | 41100 | |
| less:Accumulated depreciation | (17000) | Stockholders equity | ||
| Equipment,(net)/Net book value of equipment | 6000 | Common stock | 22000 | |
| Retained earning | 37900 | |||
| Total stockholders equity | 59900 | |||
| Total asset | 101000 | Total liabilities and stockholders equity | 101000 | |
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Prepare the classified balance sheet in account format on December 31, 2018. (if a box is...
Data Table Advisers at December 31, 2018 bint of retained earnings, and the classified balance sheet...
Data Table Advisers at December 31, 2018 bint of retained earnings, and the classified balance sheet in accoun 2018 worksheet. Complete the works Income Statement and Balance with the adjustment letter references-(a), (b), (c) etc.-into the bedDepr = depreciation. Ex expense, It = long term, Paypal 1 More info Fawn Investment Advisers Unadjusted Trial Balance December 31, 2018 Balance Account Title Debit Credit Cash 32,000 Accounts Receivable 45,000 Office Supplies 6,000 Equipment 26.000 Accumulated Depreciation Equipment 19,000 Accounts Payable 20,000...
prepare the statement of retained earnings of the year ending December 31, 2018 2. Prepare the...
prepare the statement of retained earnings of the year ending
December 31, 2018
2. Prepare the statement of retained earnings for the year ending December 31, 2018 3. Prepare the classified balance sheet as of December 31, 2018. Use the report form. Requirement 2. Prepare the statement of retained earnings for the year ending December 31, 2018. (Use a minus sign or parentheses to show a net loss Boston Advertising Services Statement of Retained Earnings Year Ended December 31, 2018...
The adjusted trial balance of Bennett Irrigation System at December 31, 2018, follows: Requirement 1. Prepare...
The adjusted trial balance of Bennett Irrigation System at
December 31, 2018, follows:
Requirement 1. Prepare the company's income statement for the
year ended December 31, 2018.
(If a box is not used in the statement, leave the box empty;
do not select a label or enter a zero. Use a minus sign or
parentheses to show a net loss.)
Requirement 2. Prepare the company's statement of retained
earnings for the year ended December 31, 2018.
Enter any increases in...
Please reply in same format. Data Table Darell Hair Stylists Adjusted Trial Balance December 31, 2018...
Please reply in same
format.
Data Table Darell Hair Stylists Adjusted Trial Balance December 31, 2018 Balance Account Title Cash Accounts Receivable Office Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Interest Payable Notes Payable Common Stock Dividends Debit Credit 1,600 1,700 600 19,300 $ 2,400 200 800 3,500 12,900 1,300 Print Done 1 Reference Darell Hair Stylists Statement of Retained Earnings Year Ended December 31, 2018 Retained Earnings, January 1, 2018 4,700 4,700 (1,300) 3,400 Net income for the year Dividends...
Close Dividends. Review the Balance Sheet columns of the worksheet completed in Requirement 1. Date Accounts...
Close Dividends. Review the Balance Sheet columns of the worksheet completed in Requirement 1. Date Accounts and Explanation Debit Credit Dec. 31 Clos. (4) To close Dividends. 4 homework 2 of 5 (5 complete) HWE 1 Balance sheet columns of worksheet Investment the stateme punt format. Fuzzy Investment Advisers Worksheet (Partial) December 31, 2018 Balance Sheet Account Title Debit Credit 31.000 56,000 Cash Accounts Receivable Office Supplies Equipment Accumulated Depreciation Accounts Payable Salaries Payable 3.000 20,000 16 000 15.000 1500...
The adjusted trial balance for HP Company as of December 31, 2018, follows. Debit $ 30,000...
The adjusted trial balance for HP Company as of December 31, 2018, follows. Debit $ 30,000 52,000 16,000 148,000 23,000 120,200 16,000 78,000 Cash Accounts receivable Office supplies Automobiles Accumulated depreciation-Automobiles Equipment Accumulated depreciation-Equipment Land Accounts payable Interest payable Salaries payable Unearned fees Long-term notes payable Common stock Dividends Fees earned Interest earned Depreciation expense-Automobiles Depreciation expense-Equipment Salaries expense Wages expense Interest expense office supplies expense Advertising expense Repairs expense-Automobiles Totals 96,000 20,000 19,000 30,000 99,000 20,000 46,000 484,000 19,000...
Requirements: 1. prepare a worksheet for Fratner investment Advisors at december 31,2018. 2. Prepare the income...
Requirements:
1. prepare a worksheet for Fratner investment Advisors at
december 31,2018.
2. Prepare the income statement, the statement of retained
earnings, and the classified balance sheet in the account
format.
3. prepare closing entries.
21/le/content/86554/viewContent/2841893/View 7/2/2019 Data Table Using the browser's ppint will lead to an ugdesirable print-out. Use the Print item from the "Question Help" men print-out Misers Unadjusted Trial Balance December 31, 2018 Balance Debit Credit Account Title 32,000 Cash 49.000 Accounts Receivable 4,000 Office Supplies 22.000...
Prepare a classified balance sheet as of December 31, 2022 These items are taken from the...
Prepare a classified balance sheet as of December 31,
2022
These items are taken from the financial statements of Carla Vista Co, for 2022. Retained earnings (beginning of year) Utilities expense Equipment Accounts payable Cash Salaries and wages payable Common stock Dividends Supplies Debt investment (long-term) Trademarks Service revenue Prepaid insurance Maintenance and repairs expense Depreciation expense Accounts receivable Insurance expense Salaries and wages expense Accumulated depreciation-equipment $33,380 2,150 63,800 18,340 14,300 5,510 23,200 12,000 3,500 6,300 2,100 72,760 6,010...
Requirement 1. Prepare the classified balance sheet of Sally O'Sullivan Dance Studio Company at August 31,...
Requirement 1. Prepare the classified balance sheet of Sally O'Sullivan Dance Studio Company at August 31, 2018. Use the report form. You must compute the ending balance of Retained Earnings. Begin by preparing the asset section of the balance sheet, then prepare the liabilities section and finally the stockholders' equity section. Data Table Requirements Sally O'Sullivan Dance Studio Company Balance Sheet August 31, 2018 Assets 1. Prepare the classified balance sheet of Sally O'Sullivan Dance Studio Company at August 31,...
0 Data Table Credit Griffith Corporation Adjusted Trial Balance December 31, 2018 Account Debit Cash $...
0 Data Table Credit Griffith Corporation Adjusted Trial Balance December 31, 2018 Account Debit Cash $ 16,000 Accounts receivable 18,600 Supplies 2,100 Prepaid rent 1,800 Equipment 37,400 Accumulated depreciation- equipment Accounts payable Interest payable Unearned service revenue Income tax payable Note payable Common stock Retained earnings Dividends 10,000 Service revenue Depreciation expense- equipment 2,000 Salary expense 40,700 Rent expense 10,800 Interest expense 2,900 Insurance expense 4,200 Supplies expense 2,200 Income tax expense 7,300 Total $ 156,000 $ 4,600 9,300 400...
Data Table Advisers at December 31, 2018 bint of retained earnings, and the classified balance sheet in accoun 2018 worksheet. Complete the works Income Statement and Balance with the adjustment letter references-(a), (b), (c) etc.-into the bedDepr = depreciation. Ex expense, It = long term, Paypal 1 More info Fawn Investment Advisers Unadjusted Trial Balance December 31, 2018 Balance Account Title Debit Credit Cash 32,000 Accounts Receivable 45,000 Office Supplies 6,000 Equipment 26.000 Accumulated Depreciation Equipment 19,000 Accounts Payable 20,000...
prepare the statement of retained earnings of the year ending
December 31, 2018
2. Prepare the statement of retained earnings for the year ending December 31, 2018 3. Prepare the classified balance sheet as of December 31, 2018. Use the report form. Requirement 2. Prepare the statement of retained earnings for the year ending December 31, 2018. (Use a minus sign or parentheses to show a net loss Boston Advertising Services Statement of Retained Earnings Year Ended December 31, 2018...
The adjusted trial balance of Bennett Irrigation System at
December 31, 2018, follows:
Requirement 1. Prepare the company's income statement for the
year ended December 31, 2018.
(If a box is not used in the statement, leave the box empty;
do not select a label or enter a zero. Use a minus sign or
parentheses to show a net loss.)
Requirement 2. Prepare the company's statement of retained
earnings for the year ended December 31, 2018.
Enter any increases in...
Please reply in same
format.
Data Table Darell Hair Stylists Adjusted Trial Balance December 31, 2018 Balance Account Title Cash Accounts Receivable Office Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Interest Payable Notes Payable Common Stock Dividends Debit Credit 1,600 1,700 600 19,300 $ 2,400 200 800 3,500 12,900 1,300 Print Done 1 Reference Darell Hair Stylists Statement of Retained Earnings Year Ended December 31, 2018 Retained Earnings, January 1, 2018 4,700 4,700 (1,300) 3,400 Net income for the year Dividends...
Close Dividends. Review the Balance Sheet columns of the worksheet completed in Requirement 1. Date Accounts and Explanation Debit Credit Dec. 31 Clos. (4) To close Dividends. 4 homework 2 of 5 (5 complete) HWE 1 Balance sheet columns of worksheet Investment the stateme punt format. Fuzzy Investment Advisers Worksheet (Partial) December 31, 2018 Balance Sheet Account Title Debit Credit 31.000 56,000 Cash Accounts Receivable Office Supplies Equipment Accumulated Depreciation Accounts Payable Salaries Payable 3.000 20,000 16 000 15.000 1500...
The adjusted trial balance for HP Company as of December 31, 2018, follows. Debit $ 30,000 52,000 16,000 148,000 23,000 120,200 16,000 78,000 Cash Accounts receivable Office supplies Automobiles Accumulated depreciation-Automobiles Equipment Accumulated depreciation-Equipment Land Accounts payable Interest payable Salaries payable Unearned fees Long-term notes payable Common stock Dividends Fees earned Interest earned Depreciation expense-Automobiles Depreciation expense-Equipment Salaries expense Wages expense Interest expense office supplies expense Advertising expense Repairs expense-Automobiles Totals 96,000 20,000 19,000 30,000 99,000 20,000 46,000 484,000 19,000...
Requirements:
1. prepare a worksheet for Fratner investment Advisors at
december 31,2018.
2. Prepare the income statement, the statement of retained
earnings, and the classified balance sheet in the account
format.
3. prepare closing entries.
21/le/content/86554/viewContent/2841893/View 7/2/2019 Data Table Using the browser's ppint will lead to an ugdesirable print-out. Use the Print item from the "Question Help" men print-out Misers Unadjusted Trial Balance December 31, 2018 Balance Debit Credit Account Title 32,000 Cash 49.000 Accounts Receivable 4,000 Office Supplies 22.000...
Prepare a classified balance sheet as of December 31,
2022
These items are taken from the financial statements of Carla Vista Co, for 2022. Retained earnings (beginning of year) Utilities expense Equipment Accounts payable Cash Salaries and wages payable Common stock Dividends Supplies Debt investment (long-term) Trademarks Service revenue Prepaid insurance Maintenance and repairs expense Depreciation expense Accounts receivable Insurance expense Salaries and wages expense Accumulated depreciation-equipment $33,380 2,150 63,800 18,340 14,300 5,510 23,200 12,000 3,500 6,300 2,100 72,760 6,010...
Requirement 1. Prepare the classified balance sheet of Sally O'Sullivan Dance Studio Company at August 31, 2018. Use the report form. You must compute the ending balance of Retained Earnings. Begin by preparing the asset section of the balance sheet, then prepare the liabilities section and finally the stockholders' equity section. Data Table Requirements Sally O'Sullivan Dance Studio Company Balance Sheet August 31, 2018 Assets 1. Prepare the classified balance sheet of Sally O'Sullivan Dance Studio Company at August 31,...
0 Data Table Credit Griffith Corporation Adjusted Trial Balance December 31, 2018 Account Debit Cash $ 16,000 Accounts receivable 18,600 Supplies 2,100 Prepaid rent 1,800 Equipment 37,400 Accumulated depreciation- equipment Accounts payable Interest payable Unearned service revenue Income tax payable Note payable Common stock Retained earnings Dividends 10,000 Service revenue Depreciation expense- equipment 2,000 Salary expense 40,700 Rent expense 10,800 Interest expense 2,900 Insurance expense 4,200 Supplies expense 2,200 Income tax expense 7,300 Total $ 156,000 $ 4,600 9,300 400...
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