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P1-3C On June 1, Laurie Shaw started Fancy Cosmetics Co., a company that provides individual skin care treatment, by investing $26,200 cash in the business. Following are the assets and liabilities of the company at June 30 and the revenues and expenses for the month of June. Cash $11,000 Notes Payable $13,000 Accounts Receivable 4,000 Accounts Payable 1,200 Service Revenue 6,000 Supplies Expense 1,600 Supplies 2,000 Gasoline Expense 800 Advertising Expense 500 Utilities Expense 300 Equipment 25,000 Laurie Shaw made...
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On June 1, 2017, Novak Corp. was started with an initial investment in the company of $22,500 cash. Here are the assets, liabilities, and common stock of the company at June 30, 2017, and the revenues and expenses for the month of June, its first month of operations: $4,960 Notes payable Cash Accounts receivable Service revenue Supplies Advertising expense Equipment Common stock 4,400 7,860 2,310 400 26,360 22,500 Accounts payable Supplies expense Maintenance and repairs expense Ulilities expense Salaries and...
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P1-38 on May 1, R.C. Twining started RC Flying School, a company that provides flying lessons, by Investing $40,000 cash in the business. Following are the assets and liabilities of the company on May 31, 2017, and the revenues and expenses for the month of May. Cash $3,400 Advertising Expense $ 600 Accounts Receivable 4,900 Rent Expense 1,200 Equipment 64,000 Maintenance and Repairs Expense 400 Notes Payable 30,000 Gasoline Expense 2,500 Accounts Payable 800 Utilities Expense 400 Service Revenue 8,100...
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On June 1, Kimberly Young started Crane Designs Co., a company
that provides craft opportunities, by investing $13,850 cash in the
business. Following are the assets and liabilities of the company
at June 30 and the revenues and expenses for the month of
June.
Current Attempt in Progress On June 1, Kimberly Young started Crane Designs Co., a company that provides craft opportunities, by investing $13.850 cash in the business. Following are the assets and liabilities of the company at...
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On June 1, 2017, Wildhorse Co. was started with an initial investment in the company of $22,310 cash. Here are the assets, liabilities, and common stock of the company at June 30, 2017, and the revenues and expenses for the month of June, its first month of operations: Cash Accounts receivable Service revenue Supplies Advertising expense Equipment Common stock 5,600 Notes payable 4,400Accounts payable 8,500 Supplies expense 2,310 Maintenance and repairs expense $14,000 900 1,090 690 210 2,400 400 27,000...
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Accounting for managers -ACC 1003 Topic 5- Financial Statements Class Exercises E1-15B Presented below is financial information related to the 2017 operations of Williamson Company Maintenance and repairs expense $ 89,000 Property tax expense (on dock facilities) 11,000 Salaries and wages expense 150,000 Advertising expense 5,500 Ticket revenue 370,000 Instructions: Prepare the 2017 income statement for Williamson Company E1-14 Linda Pedigo is the sole owner of Wilderness Park, a trailer park near the Lake Tahoe National Recreation Area, Linda has...
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On June 1, 2022, Crane Company was started with an initial
investment in the company of $21,725 cash. Here are the assets,
liabilities, and common stock of the company at June 30, 2022, and
the revenues and expenses for the month of June, its first month of
operations:
Cash
$ 4,960
Notes payable
$12,720
Accounts receivable
4,400
Accounts payable
900
Service revenue
7,900
Supplies expense
1,155
Supplies
2,292
Maintenance and repairs expense
690
Advertising expense
400
Utilities expense
210
Equipment...
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Problem 1-3 (Part Level Submission) On June 1, 2017, Sunland Company was started with an initial investment in the company of $22,470 cash. Here are the assets, liabilities, and common stock of the company at June 30, 2017, and the revenues and expenses for the month of June, its first month of operations: $ 4,770 Cash Notes payable $12,340 Accounts payable Accounts receivable 4,110 610 Service revenue Supplies expense 7,670 1,090 Maintenance and repairs expense 690 Supplies 2,310 Advertising expense...
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On June 1, 2017, Windsor, Inc. was started with an initial investment in the company of $22.420 cash. Here are the assets, liabilities, and common stock of the company at June 30, 2017, and the revenues and expenses for the month of June, its first month of operations Cash $4,830 Notes payable Accounts payable $12.460 Accounts receivable 4,470 970 Service revenue 1,100 Supplies Supplies expense Maintenance and repairs expense Utilities expense Salaries and wages expense 700 7.730 2,300 400 26,230...
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On June 1, 2017, Marigold Corp. was started with an initial investment in the company of $22,460 cash. Here are the assets, liabilities, and common stock of the company at June 30, 2017, and the revenues and expenses for the month of June, its first month of operations: Cash $ 4,730 Notes payable $12,260 Accounts receivable 4,330 Accounts payable 830 Service revenue 7,630 Supplies expense 1,070 Supplies 2,330 Maintenance and repairs expense 670 Advertising expense 400 Utilities expense 230 Equipment...
P1-3C On June 1, Laurie Shaw started Fancy Cosmetics Co., a company that provides individual skin care treatment, by investing $26,200 cash in the business. Following are the assets and liabilities of the company at June 30 and the revenues and expenses for the month of June. Cash $11,000 Notes Payable $13,000 Accounts Receivable 4,000 Accounts Payable 1,200 Service Revenue 6,000 Supplies Expense 1,600 Supplies 2,000 Gasoline Expense 800 Advertising Expense 500 Utilities Expense 300 Equipment 25,000 Laurie Shaw made...
On June 1, 2017, Novak Corp. was started with an initial investment in the company of $22,500 cash. Here are the assets, liabilities, and common stock of the company at June 30, 2017, and the revenues and expenses for the month of June, its first month of operations: $4,960 Notes payable Cash Accounts receivable Service revenue Supplies Advertising expense Equipment Common stock 4,400 7,860 2,310 400 26,360 22,500 Accounts payable Supplies expense Maintenance and repairs expense Ulilities expense Salaries and...
P1-38 on May 1, R.C. Twining started RC Flying School, a company that provides flying lessons, by Investing $40,000 cash in the business. Following are the assets and liabilities of the company on May 31, 2017, and the revenues and expenses for the month of May. Cash $3,400 Advertising Expense $ 600 Accounts Receivable 4,900 Rent Expense 1,200 Equipment 64,000 Maintenance and Repairs Expense 400 Notes Payable 30,000 Gasoline Expense 2,500 Accounts Payable 800 Utilities Expense 400 Service Revenue 8,100...
On June 1, Kimberly Young started Crane Designs Co., a company
that provides craft opportunities, by investing $13,850 cash in the
business. Following are the assets and liabilities of the company
at June 30 and the revenues and expenses for the month of
June.
Current Attempt in Progress On June 1, Kimberly Young started Crane Designs Co., a company that provides craft opportunities, by investing $13.850 cash in the business. Following are the assets and liabilities of the company at...
On June 1, 2017, Wildhorse Co. was started with an initial investment in the company of $22,310 cash. Here are the assets, liabilities, and common stock of the company at June 30, 2017, and the revenues and expenses for the month of June, its first month of operations: Cash Accounts receivable Service revenue Supplies Advertising expense Equipment Common stock 5,600 Notes payable 4,400Accounts payable 8,500 Supplies expense 2,310 Maintenance and repairs expense $14,000 900 1,090 690 210 2,400 400 27,000...
Accounting for managers -ACC 1003 Topic 5- Financial Statements Class Exercises E1-15B Presented below is financial information related to the 2017 operations of Williamson Company Maintenance and repairs expense $ 89,000 Property tax expense (on dock facilities) 11,000 Salaries and wages expense 150,000 Advertising expense 5,500 Ticket revenue 370,000 Instructions: Prepare the 2017 income statement for Williamson Company E1-14 Linda Pedigo is the sole owner of Wilderness Park, a trailer park near the Lake Tahoe National Recreation Area, Linda has...
Problem 1-3 (Part Level Submission) On June 1, 2017, Sunland Company was started with an initial investment in the company of $22,470 cash. Here are the assets, liabilities, and common stock of the company at June 30, 2017, and the revenues and expenses for the month of June, its first month of operations: $ 4,770 Cash Notes payable $12,340 Accounts payable Accounts receivable 4,110 610 Service revenue Supplies expense 7,670 1,090 Maintenance and repairs expense 690 Supplies 2,310 Advertising expense...
On June 1, 2017, Windsor, Inc. was started with an initial investment in the company of $22.420 cash. Here are the assets, liabilities, and common stock of the company at June 30, 2017, and the revenues and expenses for the month of June, its first month of operations Cash $4,830 Notes payable Accounts payable $12.460 Accounts receivable 4,470 970 Service revenue 1,100 Supplies Supplies expense Maintenance and repairs expense Utilities expense Salaries and wages expense 700 7.730 2,300 400 26,230...
On June 1, 2017, Marigold Corp. was started with an initial investment in the company of $22,460 cash. Here are the assets, liabilities, and common stock of the company at June 30, 2017, and the revenues and expenses for the month of June, its first month of operations: Cash $ 4,730 Notes payable $12,260 Accounts receivable 4,330 Accounts payable 830 Service revenue 7,630 Supplies expense 1,070 Supplies 2,330 Maintenance and repairs expense 670 Advertising expense 400 Utilities expense 230 Equipment...