Question

NEED BALANCE SHEET Bower Consulting Company T-Accounts – 2013 Assets = Liabilities + Stockholders’ Equity Cash...

NEED BALANCE SHEET

Bower Consulting Company

T-Accounts – 2013

Assets

=

Liabilities

+

Stockholders’ Equity

Cash

Accounts Payable

Common Stock

BBAL 25000

2500

14000

B BAL 20000

EBAL

20000

112500

1200

E BAL 14000

1500

Retained Earnings

BBAL

25000

EBAL

25000

E BAL 135300

Revenue

1200

112500

BBAL 20000 Inventory

1500

2500

33700

ebal

112800

14000

560

Cost of goods sold

448

528

33700

448

560

E BAL 2160

528

Ebal

34340

0 0
Add a comment Improve this question Transcribed image text
Answer #1

BOWER CONSULTJ NG COMPANY galance shect AS Of DeComber 3I201 ASsets cash 135300 tnventory 2160 TO rOY ASs ets 13460 Liabilihy

Add a comment
Know the answer?
Add Answer to:
NEED BALANCE SHEET Bower Consulting Company T-Accounts – 2013 Assets = Liabilities + Stockholders’ Equity Cash...
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
  • need income statement Bower Consulting Company T-Accounts – 2013 Assets = Liabilities + Stockholders’ Equity Cash...

    need income statement Bower Consulting Company T-Accounts – 2013 Assets = Liabilities + Stockholders’ Equity Cash Accounts Payable Common Stock BBAL 25000 2500 14000 B BAL 20000 EBAL 20000 112500 1200 E BAL 14000 1500 Retained Earnings BBAL 25000 EBAL 25000 E BAL 135300 Revenue 1200 112500 BBAL 20000 Inventory 1500 2500 33700 ebal 112800 14000 560 Cost of goods sold 448 528 33700 448 560 E BAL 2160 528 Ebal 34340

  • NEED POST CLOSING ENTRIES Bower Consulting Company T-Accounts – 2013 Assets = Liabilities + Stockholders’ Equity...

    NEED POST CLOSING ENTRIES Bower Consulting Company T-Accounts – 2013 Assets = Liabilities + Stockholders’ Equity Cash Accounts Payable Common Stock BBAL 25000 2500 14000 B BAL 20000 EBAL 20000 112500 1200 E BAL 14000 1500 Retained Earnings BBAL 25000 EBAL 25000 E BAL 135300 Revenue 1200 112500 BBAL 20000 Inventory 1500 2500 33700 ebal 112800 14000 560 Cost of goods sold 448 528 33700 448 560 E BAL 2160 528 Ebal 34340

  • NEED STATEMENT OF CHANGES IN EQUITY EOY Bower Consulting Company T-Accounts – 2013 Assets = Liabilities...

    NEED STATEMENT OF CHANGES IN EQUITY EOY Bower Consulting Company T-Accounts – 2013 Assets = Liabilities + Stockholders’ Equity Cash Accounts Payable Common Stock BBAL 25000 2500 14000 B BAL 20000 EBAL 20000 112500 1200 E BAL 14000 1500 Retained Earnings BBAL 25000 EBAL 25000 E BAL 135300 Revenue 1200 112500 BBAL 20000 Inventory 1500 2500 33700 ebal 112800 14000 560 Cost of goods sold 448 528 33700 448 560 E BAL 2160 528 Ebal 34340

  • JOURNAL ENTRIES AND EVENTS INCLUDE PLEASE PROVIDE CORRECT T ACCOUNTS TO CHECK MINE AGAINST Bower Consulting Company...

    JOURNAL ENTRIES AND EVENTS INCLUDE PLEASE PROVIDE CORRECT T ACCOUNTS TO CHECK MINE AGAINST Bower Consulting Company started the period with cash of $25,000, 500 units of inventory with a cost of $20,000 (uses FIFO) , common stock of $20,000 and retained earnings of $25,000. Bower engaged in the following transactions in 2013: Transactions during 2013 Purchased with cash 50 units of inventory for $2,500 Purchased on account 250 units of inventory for $14,000 Sold 750 units of inventory for...

  • Please explain Cracker Company Balance Sheet December 31, 2013 Assets Liabilities Current Assets: Current Liabilities: Cash...

    Please explain Cracker Company Balance Sheet December 31, 2013 Assets Liabilities Current Assets: Current Liabilities: Cash $ 100 Accounts Payable Accounts Receivable $ 500 Wages Payable Inventory $1,000 Warranty Payable Total Current Assets $1,600 Total Current Liabilities Operating Assets $1,000 Longterm Liabilities Total Liabilities Other Assets | $ 400 Stockholders' Equity: Total Assets $3,000 Common Stock 1,000 shares issued and outstanding Additional Paid In Capital Common Stock Total SE Liabilities and Total SE $ 500 $ 150 $ 150 $...

  • Landsbury Inc. Balance Sheet December 31, 2016 Assets Liabilities and Stockholders’ Equity Cash $20,000 Accounts payable...

    Landsbury Inc. Balance Sheet December 31, 2016 Assets Liabilities and Stockholders’ Equity Cash $20,000 Accounts payable $30,000 Accounts receivable 21,200 Notes payable (long-term) 41,000 Investments 32,000 Common stock 100,000 Plant assets (net) 81,000 Retained earnings 23,200 Land 40,000 $194,200 $194,200 Lansbury Inc. sold part of its debt investment portfolio for $15,000. This transaction resulted in a gain of $3,400 for the firm. The company classifies its investments as available-for-sale. 2. A tract of land was purchased for $18,000 cash. 3....

  • BALANCE SHEET ACCOUNTING EQUATION ASSETS STOCKHOLDERS' EQUITY LIABILITIES + ICONTRIBUTED ICAPITAL RESOURCES OF THE DEBT OWED...

    BALANCE SHEET ACCOUNTING EQUATION ASSETS STOCKHOLDERS' EQUITY LIABILITIES + ICONTRIBUTED ICAPITAL RESOURCES OF THE DEBT OWED TO OTHERS RETAINED EARNINGS COMPANY BEG BAL R/E NET INCOME +-NET GAIN/LOSS DIVIDENDS = END BALANCE R/E Put the following ending balances into the balance sheet and income statement. Note, Net Income will be used twice! Then use this information to answer the Extra Credit Quiz on CANVAS INCOME OPERATING EXPENSES $3,000, DIVIDENDS $7,000, INVENTORY STATEMENT $20,000, ACCOUNTS RECEIVABLE $1,000, PREFERRED STOCK $15,000, SALES/REVENUES...

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