14,000 Conaulting revenue 14.000 Office aupplies Land 84,000 Exercise 1-17 Preparing a balance sheet LO P2
help!!! Use the following information for exercise 15 to 18 LO P2 The following information applies to the questions displayed below.) On October 1, Ebony Ernst organized Ernst Consulting on October 3, the owner contributed $84.000 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts. Retained earnings, October 1 as $0. Cash Accounts receivable Office Supplies Land Office equipment Accounts payable Common stock $11,360 14,000...
Required information Use the following information for exercise 15 to 18 LO P2 [The following information applies to the questions displayed below.] On October 1, Ebony Ernst organized Ernst Consulting; on October 3, the owner contributed $84,000 in assets to launch the business. On October 31, the company's records show the following items and amounts. $ 2,000 14,000 3,550 7,000 760 Cash withdrawals by owner Consulting revenue Rent expense $11,360 Cash 14,000 Accounts receivable office supplies Land office equipment Accounts...
Use the following information for exercise 15 to 18 LO P2 The following information applies to the questions displayed below] On October 1, Ebony Ernst organized Ernst Consulting: on October 3, the owner contributed $83,850 in assets to taunch the business. On October 31, the company's records show the following items and amounts $ 11,580 Cash withdrawals by owner Cash Accounts receivable Office supplies Land Office equipment Accounts payable Owner investments 13,860 Consulting revenue 3,140 Rent expense 46,000 Salaries expense...
X M Use the following information for exercise 15 to 18 LO P2 The following information applies to the questions displayed below] on October 3, the owner contributed $84,000 in assets to launch the business. On October 31, the company's records items and amounts. S2,000 14,000 3, 550 7,000 760 580 14,000 Consulting revenue Land 46, 000 Salaries 84, 000 xercise 1-15 Preparing an income statement LO P2 31
Required information Use the following information for exercise 15 to 18 LO P2 [The following information applies to the questions displayed below.) On October 1, Ebony Ernst organized Ernst Consulting; on October 3, the owner contributed $84,780 in assets to launch the business. On October 31, the company's records show the following items and amounts. $ Cash Accounts receivable Office supplies Land office equipment Accounts payable Owner investments $ 8,990 Cash withdrawals by owner 14,740 Consulting revenue 3,930 Rent expense...
Required information Use the following Information for exercise 15 to 18 LO P2 The following information applies to the questions displayed below] On October 1, Ebony Ernst organized Ernst Consulting: on October 3, the owner contributed $82.650 in assets to launch the business. On October 31 the company's records show the following items and amounts $15,200 12.410 1,770 Cash Accounts receivable Office supplies Land Office equipment Accounts payable Owner Investments Cash withdrawals by owner Consulting revenue Rent expense Salaries expense...
Use the following information for exercise 15 to 18 LO P2 [The following information applies to the questions displayed below) On October 1, Ebony Emst organized Emnst Consulting, on October 3, the owner contributed $84,000 in assets to launch the business. On October 31, the company's r records show the following items and amounts. withdravala by ower &2,000 Accounts receivable 14, 000 Consulting revenue 14, 000 3,550 7,000 760 580 3,250 Rent 46,000 Salaries expense Land Office equipment payable 8,500...
13.600 Problem 1-5A Preparing a balance sheet Lo P2 Prow-end bothes for Amosary
Exercise 14.9 Preparing financial statements for a manufacturer LO C4, P2Required:1. Prepare income statements for both Garcon Company and Pepper Company.2. Prepare the current assets section of the balance sheet for each company.
Use the following information for exercise 15 to 18 LO P2 [The following information applies to the questions displayed below.] On October 1, Ebony Ernst organized Ernst Consulting, on October 3, the owner contributed $84,000 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following i and amounts. Retained earnings, October 1 as $0. Cash Accounts receivable office supplies Land Office equipment Accounts payable Common stock $11,362 14,000 3,250...