Question

302 Bridget Swanson, Drawing 41,150 Net Income for the year $48,515. Tin to The worksheet of Bridgets Office Supplies contai
0 0
Add a comment Improve this question Transcribed image text
Answer #1

12905 310 $ 49.50 (670) 42.80 50825 945 &68765 BRIDGIETS OFFICE SUPPLIES Balance sheet December 31 2019 Assets Cuent Assets

Add a comment
Know the answer?
Add Answer to:
302 Bridget Swanson, Drawing 41,150 Net Income for the year $48,515. Tin to The worksheet of...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • The worksheet of Bridget's Office Supplies contains the following revenue, cost, and expense accounts. The merchandise...

    The worksheet of Bridget's Office Supplies contains the following revenue, cost, and expense accounts. The merchandise inventory amounted to $59,175 on January 1, 2019, and $52,125 on December 31, 2019. The expense accounts numbered 611 through 617 represent selling expenses, and those numbered 631 through 646 represent general and administrative expenses. Accounts 401 Sales 451 Sales Returns and Allowances 491 Miscellaneous Income 501 Purchases 502 Freight In 503 Purchases Returns and Allowances 504 Purchases Discounts 611 Salaries Expense-Sales 614 Store...

  • The worksheet of Bridget's Office Supplies contains the following revenue, cost, and expense accounts. The merchandise...

    The worksheet of Bridget's Office Supplies contains the following revenue, cost, and expense accounts. The merchandise inventory amounted to $59,275 on January 1, 2019, and $52,225 on December 31, 2019. The expense accounts numbered 611 through 617 represent selling expenses, and those numbered 631 through 646 represent general and administrative expenses. Accounts 401 Sales $ 246,600 Cr. 451 Sales Returns and Allowances 4,300 Dr. 491 Miscellaneous Income 350 Cr. 501 Purchases 103,100 Dr. 502 Freight In 1,925 Dr. 503 Purchases...

  • The worksheet of Bridget's Office Supplies contains the following revenue, cost, and expense accounts. The merchandise...

    The worksheet of Bridget's Office Supplies contains the following revenue, cost, and expense accounts. The merchandise inventory amounted to $58,575 on January 1, 2019, and $51,525 on December 31, 2019. The expense accounts numbered 611 through 617 represent selling expenses, and those numbered 631 through 646 represent general and administrative expenses. Accounts 401 Sales $ 245,200 Cr. 451 Sales Returns and Allowances 4,230 Dr. 491 Miscellaneous Income 280 Cr. 501 Purchases 102,400 Dr. 502 Freight In 1,855 Dr. 503 Purchases...

  • The worksheet of Bridget's Office Supplies contains the following revenue, cost, and expense accounts. The merchandise...

    The worksheet of Bridget's Office Supplies contains the following revenue, cost, and expense accounts. The merchandise inventory amounted to $58,175 on January 1, 2019, and $51,125 on December 31, 2019. The expense accounts numbered 611 through 617 represent selling expenses, and those numbered 631 through 646 represent general and administrative expenses. Accounts 401 Sales 451 Sales Returns and Allowances 491 Miscellaneous Income 501 Purchases 502 Freight In 503 Purchases Returns and Allowances 504 Purchases Discounts 611 Salaries Expense-Sales 614 Store...

  • The worksheet of Bridget's Office Supplies contains the following revenue, cost, and expense accounts. The merchandise...

    The worksheet of Bridget's Office Supplies contains the following revenue, cost, and expense accounts. The merchandise inventory amounted to $58,575 on January 1, 2019, and $51,525 on December 31, 2019. The expense accounts numbered 611 through 617 represent selling expenses, and those numbered 631 through 646 represent general and administrative expenses. Accounts 401 Sales 451 Sales Returns and Allowances 491 Miscellaneous Income 501 Purchases 502 Freight In 503 Purchases Returns and Allowances 504 Purchases Discounts 611 Salaries Expense-Sales 614 Store...

  • The worksheet of B ridget's Office Supplies contains the following revenue, cost, and expense accounts. The...

    The worksheet of B ridget's Office Supplies contains the following revenue, cost, and expense accounts. The merchandise entory amounted to $58,075 on January 1, 2019, and $51,025 on December 31, 2019. The expense accounts numbered 611 through 617 represent selling expenses, and those numbered 631 through 646 represent general and administrative expenses Accounts 401 Sales 451 Sales Returns and Allowances 491 Miscellaneous Income 501 Purchases 502 Freight In 503 Purchases Returns and Allowances 584 Purchases Discounts 611 Salaries Expense-Sales 614...

  • The worksheet of Bridget's Office Supplies contains the following revenue, cost, and expense accounts. The merchandise...

    The worksheet of Bridget's Office Supplies contains the following revenue, cost, and expense accounts. The merchandise inventory amounted to $58.475 on January 1, 2019, and $51,425 on December 31, 2019. The expense accounts numbered 611 through 617 represent selling expenses, and those numbered 631 through 646 represent general and administrative expenses. Accounts 401 Sales $245,000 Cr 4,220 Dr 270 Cr 451 Sales Returns and Allowances 491 Miscellaneous Income s01 Purchases 502 Freight In se3 Purchases Returns and Allowances 584 Purchases...

  • Accounts 401 Sales 451 Sales Returns and Allowances 491 Miscellaneous Income 501 Purchases 502 Freight In...

    Accounts 401 Sales 451 Sales Returns and Allowances 491 Miscellaneous Income 501 Purchases 502 Freight In 503 Purchases Returns and Allowances 504 Purchases Discounts 611 Salaries Expense-Sales 614 Store Supplies Expense 617 Depreciation Expense-Store Equipment 631 Rent Expense 634 Utilities Expense 637 Salaries Expense-Office 640 Payroll Taxes Expense 643 Depreciation Expense-Office Equipment 646 Uncollectible Accounts Expense 691 Interest Expense $ 243,600 Cr 4,150 Dr. 200 Cr. 101,600 Dr. 1,775 Dr. 3,400 Cr. 1,600 Cr. 43,300 Dr. 2,110 Dr. 1,310 Dr....

  • Exercise 13.5. The worksheet of Bridget’s Office Supplies contains the following asset and liability accounts. The...

    Exercise 13.5. The worksheet of Bridget’s Office Supplies contains the following asset and liability accounts. The balance of the Notes Payable account consists of notes that are due within a year. Prepare a balance sheet dated December 31, 2016. Obtain the ending capital for the period from the statement of owner’s equity completed in Exercise 13.4. Accounts:             101                  Cash                                                               $5,605             Dr.             107                  Change Fund                                                 500                  Dr.             111                  Accounts Receivable                                     5,140               Dr.             112                  Allowance...

  • Exercise 13.3 Preparing a classified income statement. LO 13-1 The worksheet of Bridget's Office Supplies contains...

    Exercise 13.3 Preparing a classified income statement. LO 13-1 The worksheet of Bridget's Office Supplies contains the following revenue, cost, and expense accounts. The merchandise inventory amounted to $58,975 on January 1, 2019, and $51.925 on December 31, 2019. The expense accounts numbered 611 through 617 represent selling expenses, and those numbered 631 through 646 represent general and administrative expenses. eBook $246.000 r. 4,270 Dr. J20 CP 182,800 Or 3.5e Cr. 1,720 C Accounts 401 Sales 451 Sales Returns and...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT