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.
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On June 1, Kimberly Young started Crane Designs Co., a company
that provides craft opportunities, by...
P1-3C On June 1, Laurie Shaw started Fancy Cosmetics Co., a company that provides individual skin...
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...
Problem 2 Angelic Cosmeties Co. Ltd. A company that provides individual skin care treatment, was started...
Problem 2 Angelic Cosmeties Co. Ltd. A company that provides individual skin care treatment, was started on June 1, 2017, with an investment of 25,000 cash. Following are the assets and liabilities of the company on June 30 and the revenues and expenses for the month of June: Cash Accounts Receivable $4,000 Service Revenue $5,500 Supplies Advertising Expense $500 Equipment Shareholders made no additional investments in June. The company paid a cash dividend of $900 during the month. In addition...
On June 1, 2022, Crane Company was started with an initial investment in the company of...
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...
P1-38 on May 1, R.C. Twining started RC Flying School, a company that provides flying lessons,...
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, 2022, Wildhorse Co. was started with an initial investment in the company of...
On June 1, 2022, Wildhorse Co. was started with an initial investment in the company of $19,600 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 $ 4,890 Notes payable $12,580 Accounts receivable 4,360 Accounts payable 860 Service revenue 8,000 Supplies expense 1,090 Supplies 2,338 Maintenance and repairs expense 640 Advertising expense 400 Utilities expense 260 Equipment...
On June 1, 2017, Wildhorse Co. was started with an initial investment in the company of...
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...
On June 1, 2022, Wildhorse Co. was started with an initial investment in the company of...
On June 1, 2022, Wildhorse Co. was started with an initial
investment in the company of $19,750 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
4,340
Accounts payable
840
Service revenue
7,900
Supplies expense
860
Supplies
2,291
Maintenance and repairs expense
700
Advertising expense
400
Utilities expense
200
Equipment...
On June 1, 2022. Carla Vista Co was started with an initial investment in the company...
On June 1, 2022. Carla Vista Co was started with an initial investment in the company of $20,160 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 Canh $5450 Notes payable $13.700 Accounts receivable 4270 Accounts payable Service revenue 8.400 Supplies expense Supplies 2.438 Maintenance and repairs expense 650 Advertising experie 400 Uutis expense Equipment 26,000 Salaries and...
Accounting for managers -ACC 1003 Topic 5- Financial Statements Class Exercises E1-15B Presented below is financial...
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 1-03A a1-a3 On June 1, 2022, Sandhill Co. was started with an initial investment in...
Problem 1-03A a1-a3 On June 1, 2022, Sandhill Co. was started with an initial investment in the ocompany of $25,500 cash. Here are the assets, labilities, 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: $14,000 $5,600 Notes payable Cash 640 4,140 Accounts payable Accounts receivable 1,520 8,500 Service revenue Supplies expense 620 2,456 Maintenance and repairs expense Supplies 280 400 Utilities expense Advertising...
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...
Problem 2 Angelic Cosmeties Co. Ltd. A company that provides individual skin care treatment, was started on June 1, 2017, with an investment of 25,000 cash. Following are the assets and liabilities of the company on June 30 and the revenues and expenses for the month of June: Cash Accounts Receivable $4,000 Service Revenue $5,500 Supplies Advertising Expense $500 Equipment Shareholders made no additional investments in June. The company paid a cash dividend of $900 during the month. In addition...
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, 2022, Wildhorse Co. was started with an initial investment in the company of $19,600 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 $ 4,890 Notes payable $12,580 Accounts receivable 4,360 Accounts payable 860 Service revenue 8,000 Supplies expense 1,090 Supplies 2,338 Maintenance and repairs expense 640 Advertising expense 400 Utilities expense 260 Equipment...
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...
On June 1, 2022, Wildhorse Co. was started with an initial
investment in the company of $19,750 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
4,340
Accounts payable
840
Service revenue
7,900
Supplies expense
860
Supplies
2,291
Maintenance and repairs expense
700
Advertising expense
400
Utilities expense
200
Equipment...
On June 1, 2022. Carla Vista Co was started with an initial investment in the company of $20,160 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 Canh $5450 Notes payable $13.700 Accounts receivable 4270 Accounts payable Service revenue 8.400 Supplies expense Supplies 2.438 Maintenance and repairs expense 650 Advertising experie 400 Uutis expense Equipment 26,000 Salaries and...
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 1-03A a1-a3 On June 1, 2022, Sandhill Co. was started with an initial investment in the ocompany of $25,500 cash. Here are the assets, labilities, 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: $14,000 $5,600 Notes payable Cash 640 4,140 Accounts payable Accounts receivable 1,520 8,500 Service revenue Supplies expense 620 2,456 Maintenance and repairs expense Supplies 280 400 Utilities expense Advertising...
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