Required: 19-27
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Required: 19-27
300,000 PROBLEM 1-7 JHJ ATHLETIC SHOE STORE 2011 T.ACCOUNTS WITH BALANCES CASH ACCOUNTS RECEIVABLE...
Can someone answer questions 19-27 in the "required" section of the third page please. 300,000 PROBLEM...
Can
someone answer questions 19-27 in the "required" section of the
third page please.
300,000 PROBLEM 1-7 JHJ ATHLETIC SHOE STORE 2011 T.ACCOUNTS WITH BALANCES CASH ACCOUNTS RECEIVABLE 800,000 100,000 ALLOWANCE FOR BAD DEBTS SHOE INVENTORY ? 50,000 SUPPLIES PREPAID INSURANCE 10,000 EQUIPMENT 1,000,000 ACCUMLATED DEPRECIATION EQUIP 300,000 AUTO 100,000 ACCUMULATED DEPRECIATION- AUTO 50,000 ACCOUNTS PAYABLE WAGES PAYABLE 80,000 10.000 40,000 UNEARNED REVENUE NOTE PAYABLE JHJ COMMOM STOCK RETAINED EARNINGS JHJ DIVIDENDS 90.000 500,000 SHOE SALES SHOE SALE RETURNS COST...
Journalize, Trial balance and statements PROBLEM 1-9 JHJ ATHLETIC SHOE STORE 2012 LACCOUNTS WITBALANCES CASH ACCOUNTS...
Journalize, Trial balance and statements
PROBLEM 1-9 JHJ ATHLETIC SHOE STORE 2012 LACCOUNTS WITBALANCES CASH ACCOUNTS RECEIVABLE ALLOWANCE FOR BAD DEBTS 800,000 RE 100,000 SUPP SHOE INVENTORY SUPPLIES 50,000 10,000 1,000,000 PREPAID INSURANCE EQUIPMENT ACCUMLATED DEPRECIATION EQUIP STAR 4 00,000 AUTO 100,000 ACCUMULATED DEPRECIATION- AUTO 75.000 ACCOUNTS PAYABLE JOURNA 37. IN 2 38.P. 39.PI 80,000 WAGES PAYABLE TO $ 40,000 UNEARNED REVENUE NOTE PAYABLE JHJ COMMON STOCK JHJ RETAINED EARNINGS 90,000 2,000,000 440.C 541.P. 6 42.P 743. 1,500,000 JHJ DIVIDENDS...
journalize, T-Accounts, trial balance STORE 2012 PROBLEM 1-9 HUJ ATHLETIC SHOE STORE TACCOUNTS WITH BALANCES CEIVABLE...
journalize, T-Accounts, trial balance
STORE 2012 PROBLEM 1-9 HUJ ATHLETIC SHOE STORE TACCOUNTS WITH BALANCES CEIVABLE / 800.000 100.000 CASH ACCOUNTS RECEIVABLE ALLOWANCE FOR BAD DEBTS SHOE INVENTORY SUPPLIES 50,000 10,000 PREPAID INSURANCE EQUIPMENT 1.000.000 ACCUMLATED DEPRECIATION - EQUIP 400,000 AUTO 100,000 ACCUMULATED DEPRECIATION- AUTO 75,000 ACCOUNTS PAYABLE 80.000 WAGES PAYABLE UNEARNED REVENUE 40,000 NOTE PAYABLE JHJ COMMON STOCK 90,000 2,000,000 JHJ RETAINED EARNINGS JHJ DIVIDENDS SHOE SALES SHOE SALE RETURNS 1,500,000 COST OF GOODS SOLD PURCHASE RETURNS FREIGHT IN...
STUDY PROBLEM 1-12 Group A FINANCIAL TRANSACTIONS Invested $200,000 to start JHJ rental car company Paid...
STUDY PROBLEM 1-12 Group A FINANCIAL TRANSACTIONS Invested $200,000 to start JHJ rental car company Paid cash of $10,000 for supplies Paid cash of $24,000 for two year insurance policy Purchased equipment on account in the amount of $10,000 Purchased $15,000 in supplies on account Paid advertising expense of $10,000 Purchased ten autos for $30,000 each paying $50,000 down and signed a note for the balance Received cash car rental revenue $400,000 Paid office salaries of $80,000 Paid rent expense...
Required: Journalize all entries JOURNALIZE THE FOLLOWING TRANSACTIONS 1. INVESTED $20,000 INTO JHJ SHOESTORE 2. Purchased...
Required:
Journalize all entries
JOURNALIZE THE FOLLOWING TRANSACTIONS 1. INVESTED $20,000 INTO JHJ SHOESTORE 2. Purchased $4,000 in SUPPLIES on account k3. PURCHASED 3,000 SHOES AT S50 EACH 4. PURCHASED 2,000 SHOES AT S60EACH 5. RECEIVED $5,000 IN ADVANCE FOR FUTURE SHOE SALES from 50 customers 6. PURCHASED $50,000 IN EQUIPMENT WITH A 10-year LIFE, PAYING $15,000 IN CASH AND PLACED THE REMAINING BALANCE ON A NOTIE 7. CASH SALES OF 1,500 SHOES AT $100 EACH 8. Sales on account,...
DIRECT CASH FLOW Homework 1. Invested $200,000 to start JHJ rental car company 2. Paid cash...
DIRECT CASH FLOW Homework 1. Invested $200,000 to start JHJ rental car company 2. Paid cash of $10,000 for supplies 3. Paid cash of $24,000 for two-year insurance policy 4. Purchased equipment on account in the amount of $10,000 5. Purchased $15,000 in supplies on account 6. Purchased ten autos for $30,000 each paying $50,000 down and signed a long-term note for the balance 7. Received cash car rental revenue $400,000 8. Paid office salaries of $80,000 9. Car rental...
prepare cash flow statement PROBLEM 2-7 The financial statements for the JHJ Book Store are as...
prepare cash flow statement
PROBLEM 2-7 The financial statements for the JHJ Book Store are as follows: INCOME STATEMENT 2013 3,000,000 2.500.000 500,000 Sales Cost of Books Sold Gross Profit Operating Expenses Depreciation Gain on sale of land Net Income 250,000 50.000 300,000 400.000 600.000 BALANCE SHEET 2013 Cash Accounts Receivable Inventory Equipment Accumulated Depreciation Land Total Assets 2012 100,000 125,000 150,000 100,000 (25,000) 100,000 550.000 2013 300,000 200,000 350,000 450,000 (75,000) 1.225.000 Accounts Payable Long Term Bond Payable Total...
I can't figure iut wbats wrong with the trial balance and t accounts and maybe journal...
I can't figure iut wbats wrong with the trial balance and t
accounts and maybe journal entries
NAME Financial Accounting Review Problem 1 JOURNALIZE THE FOLLOWING TRANSACTIONS 1. INVESTED $25.000 INTO JHJ SHOESTORE 2. Purchased $6,000 in SUPPLIES on account 3. PURCHASED 3,000 SHOES AT SIO EACH 4. PURCHASED 3,000 SHOES AT $20 EACH 5. Purchased 3,000 Shoes at $30 cach 6. PURCHASED $50,000 IN EQUIPMENT WITH A 5-year LIFE, PAYING $20,000 IN CASH AND PLACED THE REMAINING BALANCE ON...
STATEMENT OF CASH FLOW EXAMPLE PROBLEM JHJ Bookstore first year's transactions are listed below: 1. Contributed...
STATEMENT OF CASH FLOW EXAMPLE PROBLEM JHJ Bookstore first year's transactions are listed below: 1. Contributed cash of $200 to begin business 2. Purchased inventory on account for $2.000 3. Cash sales were $1,200 with cost of sales $600 4. Sales on account were $800 with cost of sales $400 5. Purchased supplies paying cash of 100 6. Paid salaries of 200 7. Purchased equipment costing $600 paying cash of $200 and signing a long-term note for the balance 8....
CHART OF ACCOUNTS Thomson Co. General Ledger ASSETS 110 Cash 111 Petty Cash 121 Accounts Receivable...
CHART OF ACCOUNTS
Thomson Co.
General Ledger
ASSETS
110
Cash
111
Petty Cash
121
Accounts Receivable
122
Allowance for Doubtful Accounts
126
Interest Receivable
127
Notes Receivable
131
Merchandise Inventory
141
Office Supplies
142
Store Supplies
151
Prepaid Insurance
191
Land
192
Store Equipment
193
Accumulated Depreciation-Store Equipment
194
Office Equipment
195
Accumulated Depreciation-Office Equipment
LIABILITIES
210
Accounts Payable
221
Salaries Payable
231
Sales Tax Payable
232
Interest Payable
241
Notes Payable
251
Bonds Payable
252
Discount on Bonds Payable...
Can
someone answer questions 19-27 in the "required" section of the
third page please.
300,000 PROBLEM 1-7 JHJ ATHLETIC SHOE STORE 2011 T.ACCOUNTS WITH BALANCES CASH ACCOUNTS RECEIVABLE 800,000 100,000 ALLOWANCE FOR BAD DEBTS SHOE INVENTORY ? 50,000 SUPPLIES PREPAID INSURANCE 10,000 EQUIPMENT 1,000,000 ACCUMLATED DEPRECIATION EQUIP 300,000 AUTO 100,000 ACCUMULATED DEPRECIATION- AUTO 50,000 ACCOUNTS PAYABLE WAGES PAYABLE 80,000 10.000 40,000 UNEARNED REVENUE NOTE PAYABLE JHJ COMMOM STOCK RETAINED EARNINGS JHJ DIVIDENDS 90.000 500,000 SHOE SALES SHOE SALE RETURNS COST...
Journalize, Trial balance and statements
PROBLEM 1-9 JHJ ATHLETIC SHOE STORE 2012 LACCOUNTS WITBALANCES CASH ACCOUNTS RECEIVABLE ALLOWANCE FOR BAD DEBTS 800,000 RE 100,000 SUPP SHOE INVENTORY SUPPLIES 50,000 10,000 1,000,000 PREPAID INSURANCE EQUIPMENT ACCUMLATED DEPRECIATION EQUIP STAR 4 00,000 AUTO 100,000 ACCUMULATED DEPRECIATION- AUTO 75.000 ACCOUNTS PAYABLE JOURNA 37. IN 2 38.P. 39.PI 80,000 WAGES PAYABLE TO $ 40,000 UNEARNED REVENUE NOTE PAYABLE JHJ COMMON STOCK JHJ RETAINED EARNINGS 90,000 2,000,000 440.C 541.P. 6 42.P 743. 1,500,000 JHJ DIVIDENDS...
journalize, T-Accounts, trial balance
STORE 2012 PROBLEM 1-9 HUJ ATHLETIC SHOE STORE TACCOUNTS WITH BALANCES CEIVABLE / 800.000 100.000 CASH ACCOUNTS RECEIVABLE ALLOWANCE FOR BAD DEBTS SHOE INVENTORY SUPPLIES 50,000 10,000 PREPAID INSURANCE EQUIPMENT 1.000.000 ACCUMLATED DEPRECIATION - EQUIP 400,000 AUTO 100,000 ACCUMULATED DEPRECIATION- AUTO 75,000 ACCOUNTS PAYABLE 80.000 WAGES PAYABLE UNEARNED REVENUE 40,000 NOTE PAYABLE JHJ COMMON STOCK 90,000 2,000,000 JHJ RETAINED EARNINGS JHJ DIVIDENDS SHOE SALES SHOE SALE RETURNS 1,500,000 COST OF GOODS SOLD PURCHASE RETURNS FREIGHT IN...
Required:
Journalize all entries
JOURNALIZE THE FOLLOWING TRANSACTIONS 1. INVESTED $20,000 INTO JHJ SHOESTORE 2. Purchased $4,000 in SUPPLIES on account k3. PURCHASED 3,000 SHOES AT S50 EACH 4. PURCHASED 2,000 SHOES AT S60EACH 5. RECEIVED $5,000 IN ADVANCE FOR FUTURE SHOE SALES from 50 customers 6. PURCHASED $50,000 IN EQUIPMENT WITH A 10-year LIFE, PAYING $15,000 IN CASH AND PLACED THE REMAINING BALANCE ON A NOTIE 7. CASH SALES OF 1,500 SHOES AT $100 EACH 8. Sales on account,...
prepare cash flow statement
PROBLEM 2-7 The financial statements for the JHJ Book Store are as follows: INCOME STATEMENT 2013 3,000,000 2.500.000 500,000 Sales Cost of Books Sold Gross Profit Operating Expenses Depreciation Gain on sale of land Net Income 250,000 50.000 300,000 400.000 600.000 BALANCE SHEET 2013 Cash Accounts Receivable Inventory Equipment Accumulated Depreciation Land Total Assets 2012 100,000 125,000 150,000 100,000 (25,000) 100,000 550.000 2013 300,000 200,000 350,000 450,000 (75,000) 1.225.000 Accounts Payable Long Term Bond Payable Total...
I can't figure iut wbats wrong with the trial balance and t
accounts and maybe journal entries
NAME Financial Accounting Review Problem 1 JOURNALIZE THE FOLLOWING TRANSACTIONS 1. INVESTED $25.000 INTO JHJ SHOESTORE 2. Purchased $6,000 in SUPPLIES on account 3. PURCHASED 3,000 SHOES AT SIO EACH 4. PURCHASED 3,000 SHOES AT $20 EACH 5. Purchased 3,000 Shoes at $30 cach 6. PURCHASED $50,000 IN EQUIPMENT WITH A 5-year LIFE, PAYING $20,000 IN CASH AND PLACED THE REMAINING BALANCE ON...
STATEMENT OF CASH FLOW EXAMPLE PROBLEM JHJ Bookstore first year's transactions are listed below: 1. Contributed cash of $200 to begin business 2. Purchased inventory on account for $2.000 3. Cash sales were $1,200 with cost of sales $600 4. Sales on account were $800 with cost of sales $400 5. Purchased supplies paying cash of 100 6. Paid salaries of 200 7. Purchased equipment costing $600 paying cash of $200 and signing a long-term note for the balance 8....
CHART OF ACCOUNTS
Thomson Co.
General Ledger
ASSETS
110
Cash
111
Petty Cash
121
Accounts Receivable
122
Allowance for Doubtful Accounts
126
Interest Receivable
127
Notes Receivable
131
Merchandise Inventory
141
Office Supplies
142
Store Supplies
151
Prepaid Insurance
191
Land
192
Store Equipment
193
Accumulated Depreciation-Store Equipment
194
Office Equipment
195
Accumulated Depreciation-Office Equipment
LIABILITIES
210
Accounts Payable
221
Salaries Payable
231
Sales Tax Payable
232
Interest Payable
241
Notes Payable
251
Bonds Payable
252
Discount on Bonds Payable...
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