Homework Answers
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| Completed services that were paid for six months earlier $ 1,400: | Unearned Revenue |
| Work performed but not yet billed to customer $ 2,900: | Accrued Revenue |
| Customers were billed for $ 3,200 for work completed. | Accrued Revenue |
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3 Two Categories and Four Types of Adjustments Ask My Instructor Resources/Glossary HINT Activity...
Activity 3.a - Identifying adjustments as Deferrals / Prepaids or Accrual Label the adjustments as either...
Activity 3.a - Identifying adjustments as Deferrals / Prepaids
or Accrual
Label the adjustments as either Deferrals / Prepaids, Accrual,
or Depreciation AND as a revenue or expense.
HINT Activity 3.a - Identifying adjustments as Deferrals / Prepaids or Accrual Label the adjustments as either Deferrals / Prepaids, Accrual, or Depreciation AND as a revenue or expense. View drag and drop keyboard instructions Deferrals / Prepaids Accrual Prepaid Expense Expense Unearned Revenue Revenue Accrued Revenue Accrued Expense Depreciation Completed services...
Activity 3.a - Identifying adjustments as Deferrals / Prepaids or Accrual Label the adjustments as either...
Activity 3.a - Identifying adjustments as Deferrals / Prepaids or Accrual Label the adjustments as either Deferrals / Prepaids or Accrual AND as a revenue or expense. View drag and drop keyboard instructions Draggable Card,Deferrals / Prepaids Draggable Card,Accrual Draggable Card,Prepaid Expense Draggable Card,Unearned Revenue Draggable Card,Accrued Revenue Draggable Card,Accrued Expense Droppable Area,Customers were billed for $1,400 for work completed., Draggable Card,Accrued Revenuecorrect Draggable Card,Unearned Revenueincorrect Draggable Card,Deferrals / Prepaids Droppable Area,Depreciation for the current year includes Equipment, $600., Draggable...
Activity 4.a - Using T-accounts to Analyze Adjustments Fill in the t-accounts for each situation and...
Activity 4.a - Using T-accounts to Analyze Adjustments
Fill in the t-accounts for each situation and label each
transaction as Deferrals/Prepaid, Accrual, or Depreciation. Use
Unadj. Bal. as the label for the opening balance of each account.
Calculate the adjusted balance and use a Bal. posting reference to
show the ending balance of each account. Enter each transaction on
the first available line in the T-Account.
Fill in the t-accounts for each situation and label each transaction as Deferrals/Prepaid, Accrual,...
i need help in what to put on the last three pages > Comprehensive Problem 1...
i need help in what to put on the last three pages
> Comprehensive Problem 1 for Chapters 1-4 Murphy Delivery Service completed the following transactions during December 2015 Dec. 1 Murphy Delivery Service began operations by receiving $13.000 cash and a truck with a fair value of $9.000 from Russ Murphy. The business issued Murphy shares of common stock in exchange for this contribution Paid 5600 cash for a six-month insurance policy. The policy begins December 1 Paid 5750...
I need help completing my Financial Statement homework and if what I have completed is correct....
I need help completing my Financial Statement homework
and if what I have completed is correct.
k
Jade Company December 31, 2018 Unadjusted Trial Balance 130,000 25,000 15,000 12,000 100,000 14,000 64,000 Cash Accounts Receivable Supplies Prepaid Insurance Inventory Vehicle Equipment Accumulated Depreciation Accounts Payable Unearned Revenue Wages Payable Long-Term Notes Payable Common Stock Retained Earnings (1/1/2018) Dividends Service Revenue Repair Expense Delivery Expense Depreciation Expense Rent Expense Insurance Expense Wages Expense Supplies Expense Interest Expense Income Tax Expense Total...
PLEASE HELP, NO ONE IS ANSWERING MY QUESTION AND IT IS SUE TODAY WORTH 20% OF...
PLEASE HELP, NO ONE IS ANSWERING MY QUESTION AND IT IS SUE TODAY WORTH 20% OF MY FINAL GRADE! At June 30, 2017, the end of its most recent fiscal year, Bramble Computer Consultants’ post-closing trial balance was as follows: Debit Credit Cash $6,490 Accounts receivable 1,490 Supplies 860 Accounts payable $500 Unearned service revenue 1,390 Common stock 4,500 Retained earnings 2,450 $8,840 $8,840 The company underwent a major expansion in July. New staff was hired and more financing was...
need part 3, 4, 6, 7 help All work must be completed using this Excel spreadsheet....
need part 3, 4, 6, 7 help
All work must be completed using this Excel spreadsheet. All journal extries, financial statements, etc. must be prepared in clean, proper form. Reference your textbook and past courses for examples or templates to mod Use the current year for dating purposes. This project is valued at 120 points. The grading rubric is available on the last sheet labeled "Grading Rubric." Information on using Excel can be found in the Excel Notes section below....
Chapter 3 - Instruction #1 The unadjusted trial balance for PS Music as of July 31,...
Chapter 3 - Instruction #1 The unadjusted trial balance for PS Music as of July 31, 2019 is as follows: PS Music Unadjusted Trial Balance July 31, 2019 Account No. Debit Balances Credit Balances Cash 119 12 ,945 2,750 Accounts Receivable Supplies Prepaid Insurance 1,020 15 2,700 Office Equipment 17 7,500 Accounts Payable Unearned Revenue 23 8,350 7,200 9,000 Peyton Smith, Capital Peyton Smith, Drawing 1,750 Fees Earned 41 16,200 Wages Expense 2,800 51 2,550 Office Rent Expense Equipment Rent...
The question I need help/answer with is the 3rd photo. The first two photos just aid...
The question I need help/answer with is the 3rd photo. The
first two photos just aid the 3rd
Comprehensive Properties All work must be completed using this Excel spreadsheet Al journal entries francial statements, et must be prepared in dean, proper form. Reference your textbook and past courses for examples or templates to model Uue the current year for din purpose This project is W ed 120 points. The grading rubricis valable on the last sheet labeled "Grading brie Wformation...
I need submission 2 and submission 3 completed please, thank you!!! Submission 1 - due Friday...
I need submission 2 and submission 3 completed please, thank
you!!!
Submission 1 - due Friday January 17 before 5pm - You must submit your completed Journal entries, the Worksheet complete through the Trial Balance (with totals for all columns), and the worksheet formulas tab complete through the Trial Balance. Your file must be named correctly - "Your name (first and last) Project 1 part 1. Failure to name your file correctly will result in a 1 point deduction Submission...
Activity 3.a - Identifying adjustments as Deferrals / Prepaids
or Accrual
Label the adjustments as either Deferrals / Prepaids, Accrual,
or Depreciation AND as a revenue or expense.
HINT Activity 3.a - Identifying adjustments as Deferrals / Prepaids or Accrual Label the adjustments as either Deferrals / Prepaids, Accrual, or Depreciation AND as a revenue or expense. View drag and drop keyboard instructions Deferrals / Prepaids Accrual Prepaid Expense Expense Unearned Revenue Revenue Accrued Revenue Accrued Expense Depreciation Completed services...
Activity 4.a - Using T-accounts to Analyze Adjustments
Fill in the t-accounts for each situation and label each
transaction as Deferrals/Prepaid, Accrual, or Depreciation. Use
Unadj. Bal. as the label for the opening balance of each account.
Calculate the adjusted balance and use a Bal. posting reference to
show the ending balance of each account. Enter each transaction on
the first available line in the T-Account.
Fill in the t-accounts for each situation and label each transaction as Deferrals/Prepaid, Accrual,...
i need help in what to put on the last three pages
> Comprehensive Problem 1 for Chapters 1-4 Murphy Delivery Service completed the following transactions during December 2015 Dec. 1 Murphy Delivery Service began operations by receiving $13.000 cash and a truck with a fair value of $9.000 from Russ Murphy. The business issued Murphy shares of common stock in exchange for this contribution Paid 5600 cash for a six-month insurance policy. The policy begins December 1 Paid 5750...
I need help completing my Financial Statement homework
and if what I have completed is correct.
k
Jade Company December 31, 2018 Unadjusted Trial Balance 130,000 25,000 15,000 12,000 100,000 14,000 64,000 Cash Accounts Receivable Supplies Prepaid Insurance Inventory Vehicle Equipment Accumulated Depreciation Accounts Payable Unearned Revenue Wages Payable Long-Term Notes Payable Common Stock Retained Earnings (1/1/2018) Dividends Service Revenue Repair Expense Delivery Expense Depreciation Expense Rent Expense Insurance Expense Wages Expense Supplies Expense Interest Expense Income Tax Expense Total...
need part 3, 4, 6, 7 help
All work must be completed using this Excel spreadsheet. All journal extries, financial statements, etc. must be prepared in clean, proper form. Reference your textbook and past courses for examples or templates to mod Use the current year for dating purposes. This project is valued at 120 points. The grading rubric is available on the last sheet labeled "Grading Rubric." Information on using Excel can be found in the Excel Notes section below....
Chapter 3 - Instruction #1 The unadjusted trial balance for PS Music as of July 31, 2019 is as follows: PS Music Unadjusted Trial Balance July 31, 2019 Account No. Debit Balances Credit Balances Cash 119 12 ,945 2,750 Accounts Receivable Supplies Prepaid Insurance 1,020 15 2,700 Office Equipment 17 7,500 Accounts Payable Unearned Revenue 23 8,350 7,200 9,000 Peyton Smith, Capital Peyton Smith, Drawing 1,750 Fees Earned 41 16,200 Wages Expense 2,800 51 2,550 Office Rent Expense Equipment Rent...
The question I need help/answer with is the 3rd photo. The
first two photos just aid the 3rd
Comprehensive Properties All work must be completed using this Excel spreadsheet Al journal entries francial statements, et must be prepared in dean, proper form. Reference your textbook and past courses for examples or templates to model Uue the current year for din purpose This project is W ed 120 points. The grading rubricis valable on the last sheet labeled "Grading brie Wformation...
I need submission 2 and submission 3 completed please, thank
you!!!
Submission 1 - due Friday January 17 before 5pm - You must submit your completed Journal entries, the Worksheet complete through the Trial Balance (with totals for all columns), and the worksheet formulas tab complete through the Trial Balance. Your file must be named correctly - "Your name (first and last) Project 1 part 1. Failure to name your file correctly will result in a 1 point deduction Submission...
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