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Only first question E1-12 has been solved.
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en! (NR). Il a revenue (R) or expense (E) account or an account that is not...
Camping revenue Cash Equipment Accounts payable Bank loan payable Income tax expense Dividends declared Operating expenses...
Camping revenue Cash Equipment Accounts payable Bank loan payable Income tax expense Dividends declared Operating expenses Supplies Common shares, Jan. 1 Common shares issued during year Retained earnings, Jan. 1 $283,000 19,000 124,000 16,500 50,000 10,000 12,000 245,000 2,500 30,000 15,000 18,000 Instructions a. Determine net income for the year. b. Prepare a statement of changes in equity and a statement of financial position for the year.
TF10-09 1128 MB learn.wileyplus.com WP Oriole, Inc. is a public camping ground near Ocean National Park....
TF10-09 1128 MB learn.wileyplus.com WP Oriole, Inc. is a public camping ground near Ocean National Park. It has the following financial information as at December 31, 2018: Account Dashboard Courses Camping revenue Cash Equipment Accounts payable Bank loan payable Income tax expense Dividends declared Operating expenses Supplies Common shares, Jan. 1 Common shares issued during year Retained earnings, Jan. 1 $281.000 21.000 130,000 16,000 60,000 10,000 12.000 241,000 2.500 27,500 14,000 18,000 Calendar Inbox Get HELP SOS Determine net income...
the options for the answers are the same for the other blanks on the left you...
the options for the answers are the same for the other
blanks on the left
you have to type in the actual calculations into every
single column, except the left one which has the available answers
shown for them
Accounts payable Accounts receivable Administrative expenses Bank loan Cash Common shares Dividends declared Equipment Insurance expense Interest expense Revenue Salaries expense $2,500 $5,500 $4,500 $55,000 $130,200 $51.000 $1,000 $25,000 $4,800 $4,000 $145.000 $78,500 Statement of Changes in Equity Year Ended December...
need help please, thank you! Here are incomplete financial statements for Carla Vista, Inc.: Calculate the...
need help please, thank you!
Here are incomplete financial statements for Carla Vista, Inc.: Calculate the missing amounts. Assets Cash Accounts receivable Building CARLA VISTA, INC. Statement of Financial Position December 31, 2022 Liabilities and Shareholders' Equity $5.900 Liabilities 11.800 Accounts payable 53.100 Shareholders equity $70.800 Common shares (a) $5.900 Total assets Retained earnings (b) $70.800 Total liabilities and shareholders equity $100,300 CARLA VISTA, INC. Statement of Income Year Ended December 31, 2022 Service revenue Salaries expense (c) Operating expenses...
Question 4 of 4 - /20 Donalty Corporation opened for business on January 1, 2022. The...
Question 4 of 4 - /20 Donalty Corporation opened for business on January 1, 2022. The following information is available with regards to their accounts as of December 31, 2022: Accounts payable Accounts receivable Administrative expenses Bank loan Cash Common shares Dividends declared Equipment Insurance expense Interest expense Revenue Salaries expense $2,500 $5,500 $4,500 $55,000 $130,200 $51.000 $1,000 $25.000 $4,800 $4,000 $145,000 $78,500 The following information was also available for the year: Net cash used by operating activities was $50.200...
9.6/2015 Donalty Corporation opened for business on January 1, 2022. The following information is available with...
9.6/2015 Donalty Corporation opened for business on January 1, 2022. The following information is available with regards to their accounts as of December 31, 2022: Accounts payable Accounts receivable Administrative expenses Bank loan Cash Common shares Dividends declared Equipment Insurance expense Interest expense Revenue Salaries expense $2,500 $5,500 $4,500 $55,000 $130,200 $51,000 $1,000 $25,000 $4,800 $4,000 $145,000 $78,500 The following information was also available for the year: Net cash used by operating activities was $50,200 Cash of $25,000 was paid...
31-Dec-19 Account name Debit Credit 16,000 50,000 14,000 12,000 14,000 5,000 4,000 187,000 15,000 20,000 10,000...
31-Dec-19 Account name Debit Credit 16,000 50,000 14,000 12,000 14,000 5,000 4,000 187,000 15,000 20,000 10,000 Accounts Payable Accounts Receivable Accumulated Depreciation - Furniture Accumulated Other Comprehensive Income Advertising Expense Allowance for Doubtful accounts Bad debt expense Cash Client List Common Shares (unlimited number of shares authorized, 1,000 issued) Contributed Surplus Depreciation Expense-Furniture Furniture Goodwill Income tax expense Income tax payable Note Payable (instalments of $10,000/year) Preferred Shares (non-cumulative $2,100,000 of shares authorized, 2,000 issued) Prepaid Rent Rent Expense Retained...
Consider the following typical accounts and statement items and indicate on which statement(s)—income statement, statement of...
Consider the following typical accounts and statement items and indicate on which statement(s)—income statement, statement of financial position, statement of changes in equity, and/or statement of cash flows—you would find each of the accounts or items. 1. Sales 2. Cash 3. Cash provided by operating activities 4. Service revenue 5. Common shares 6. Dividends declared 7. Net income 8. Accounts receivable 9. Inventory 10. Income tax expense 11. Interest expense 12. Cash used by investing activities 13. Equipment 14. Retained...
need it soon The following list of accounts, in alphabetical order, is for Pharoah Inc. at...
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The following list of accounts, in alphabetical order, is for Pharoah Inc. at November 30, 2018: $26,500 Accounts payable 20,000 Accounts receivable Bank loan payable 34,000 Buildings 100,000 Cash 20,700 Common shares 21,700 Equipment 30,000 Income tax payable 4,300 Land 43,200 Inventory 18,000 Mortgage payable 95,000 Retained earnings 51,000 Supplies 600 PHAROAH INC. Statement of Financial Position For the Year Ended November 30, 2018 Assets $ Liabilities and Shareholders' Equity tA Liabilities and Shareholders' Equity $ tA...
BE1-10 Go Ahead Limited began the year with common shares of $100,000 and retained earnings of...
BE1-10 Go Ahead Limited began the year with common shares of $100,000 and retained earnings of $350,000. During Calculate endin the year, it issued an additional $25,000 of common shares, reported a profit of $75,000, and paid dividends of $5,000. balances. (a) Calculate the ending balances of (1) common shares. (2) retained carnings, and (3) total shareholders' equity. (SO 4) (b) Explain how your answer would change if the company had reported a loss of $75,000 rather than a profit....
Camping revenue Cash Equipment Accounts payable Bank loan payable Income tax expense Dividends declared Operating expenses Supplies Common shares, Jan. 1 Common shares issued during year Retained earnings, Jan. 1 $283,000 19,000 124,000 16,500 50,000 10,000 12,000 245,000 2,500 30,000 15,000 18,000 Instructions a. Determine net income for the year. b. Prepare a statement of changes in equity and a statement of financial position for the year.
TF10-09 1128 MB learn.wileyplus.com WP Oriole, Inc. is a public camping ground near Ocean National Park. It has the following financial information as at December 31, 2018: Account Dashboard Courses Camping revenue Cash Equipment Accounts payable Bank loan payable Income tax expense Dividends declared Operating expenses Supplies Common shares, Jan. 1 Common shares issued during year Retained earnings, Jan. 1 $281.000 21.000 130,000 16,000 60,000 10,000 12.000 241,000 2.500 27,500 14,000 18,000 Calendar Inbox Get HELP SOS Determine net income...
the options for the answers are the same for the other
blanks on the left
you have to type in the actual calculations into every
single column, except the left one which has the available answers
shown for them
Accounts payable Accounts receivable Administrative expenses Bank loan Cash Common shares Dividends declared Equipment Insurance expense Interest expense Revenue Salaries expense $2,500 $5,500 $4,500 $55,000 $130,200 $51.000 $1,000 $25,000 $4,800 $4,000 $145.000 $78,500 Statement of Changes in Equity Year Ended December...
need help please, thank you!
Here are incomplete financial statements for Carla Vista, Inc.: Calculate the missing amounts. Assets Cash Accounts receivable Building CARLA VISTA, INC. Statement of Financial Position December 31, 2022 Liabilities and Shareholders' Equity $5.900 Liabilities 11.800 Accounts payable 53.100 Shareholders equity $70.800 Common shares (a) $5.900 Total assets Retained earnings (b) $70.800 Total liabilities and shareholders equity $100,300 CARLA VISTA, INC. Statement of Income Year Ended December 31, 2022 Service revenue Salaries expense (c) Operating expenses...
Question 4 of 4 - /20 Donalty Corporation opened for business on January 1, 2022. The following information is available with regards to their accounts as of December 31, 2022: Accounts payable Accounts receivable Administrative expenses Bank loan Cash Common shares Dividends declared Equipment Insurance expense Interest expense Revenue Salaries expense $2,500 $5,500 $4,500 $55,000 $130,200 $51.000 $1,000 $25.000 $4,800 $4,000 $145,000 $78,500 The following information was also available for the year: Net cash used by operating activities was $50.200...
9.6/2015 Donalty Corporation opened for business on January 1, 2022. The following information is available with regards to their accounts as of December 31, 2022: Accounts payable Accounts receivable Administrative expenses Bank loan Cash Common shares Dividends declared Equipment Insurance expense Interest expense Revenue Salaries expense $2,500 $5,500 $4,500 $55,000 $130,200 $51,000 $1,000 $25,000 $4,800 $4,000 $145,000 $78,500 The following information was also available for the year: Net cash used by operating activities was $50,200 Cash of $25,000 was paid...
31-Dec-19 Account name Debit Credit 16,000 50,000 14,000 12,000 14,000 5,000 4,000 187,000 15,000 20,000 10,000 Accounts Payable Accounts Receivable Accumulated Depreciation - Furniture Accumulated Other Comprehensive Income Advertising Expense Allowance for Doubtful accounts Bad debt expense Cash Client List Common Shares (unlimited number of shares authorized, 1,000 issued) Contributed Surplus Depreciation Expense-Furniture Furniture Goodwill Income tax expense Income tax payable Note Payable (instalments of $10,000/year) Preferred Shares (non-cumulative $2,100,000 of shares authorized, 2,000 issued) Prepaid Rent Rent Expense Retained...
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The following list of accounts, in alphabetical order, is for Pharoah Inc. at November 30, 2018: $26,500 Accounts payable 20,000 Accounts receivable Bank loan payable 34,000 Buildings 100,000 Cash 20,700 Common shares 21,700 Equipment 30,000 Income tax payable 4,300 Land 43,200 Inventory 18,000 Mortgage payable 95,000 Retained earnings 51,000 Supplies 600 PHAROAH INC. Statement of Financial Position For the Year Ended November 30, 2018 Assets $ Liabilities and Shareholders' Equity tA Liabilities and Shareholders' Equity $ tA...
BE1-10 Go Ahead Limited began the year with common shares of $100,000 and retained earnings of $350,000. During Calculate endin the year, it issued an additional $25,000 of common shares, reported a profit of $75,000, and paid dividends of $5,000. balances. (a) Calculate the ending balances of (1) common shares. (2) retained carnings, and (3) total shareholders' equity. (SO 4) (b) Explain how your answer would change if the company had reported a loss of $75,000 rather than a profit....
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