Homework Answers
Answer is
| Particulars | Category | Financial statement | Remarks |
| Accumulated Depreciation | L | BS | To be adjusted from Fixed Assets |
| Long Term Debt | L | BS | |
| Equipment | A | BS | |
| Loss on sale of short term investments | LS | IS | |
| Net income | G | IS | |
| Merchandise inventory | A | BS | |
| Other accured liabilities | L | BS | |
| Dividend paid | SE | BS | to be adjusted from retained earnings |
| Cost of goods sold | E | IS | |
| Additional paid up capital | SE | BS | |
| Interest income | R | IS | |
| Selling expense | E | IS |
Add Answer to:
Lishea nere ane a numeer of fnancusi statement captons indicate in the soaces to the ight...
Listed below are a number of financial statement captions. Indicate the following for each item: (1)...
Listed below are a number of financial statement captions. Indicate the following for each item: (1) the category of each item (Asset, Liability, Stockholders' Equity, Revenue, or Expense), and (2) the financial statement on which the item can usually be found (Income Statement or Balance Sheet) A. Asset |- Accounts Receivable (1) the category of each item (Asset, Liability, Stockholders' Equity, Revenue, or Expense) B. Balance Sheet Accounts Receivable (2) the financial statement on which the item can usually be...
Your anwer is partially correct. Try again. Indicate for each of the following what should be...
Your anwer is partially correct. Try again. Indicate for each of the following what should be dieclosed on a statement of cash lows (Ondiret mathod), If not disclosed, select "Not shown to net income, select "Add" and for an 8em that isde ($31,000). 2 the em i noncash tranaction that sh om net income, select "Deduct Show financing and investing outflows in parentheses. For example, an answer might be: Deduct $4,700 or Investing There may be more than ane answer...
1. Indicate on which financial statement you would expect to find each of the following. If...
1. Indicate on which financial statement you would expect to find each of the following. If an item can be found on more than one statement, list each statement. Balance Sheet Example: Cash Notes payable Wages expense Cost of goods sold Sales revenue Inventory Income tax expense Dividends Retained earnings Accounts payable Equipment
Financial statement Data Table a. In column (1) indicate b. In column (2), indicate whether the...
Financial statement Data Table a. In column (1) indicate b. In column (2), indicate whether the account is a current asset account identification Mark each of the accounts listed in the following tablE asfollows in which stabement-income statement (1S) or balance sheet (BS)-the account belongs (CA), current Sability (CL), expense (E), fxed asset (FA) Select from the drop down menus) Account Name Accounts payable Accounts receivable Accuals Accumulated depreciation Administrative expense Statement Type of Account Account Name Accounts payable Type...
1. Use the following abbreviations to indicate on which statement you would find each item below....
1. Use the following abbreviations to indicate on which statement you would find each item below. Some items may appear on more than one statement. Include all abbreviations that would apply. • IS: Income statement • SRE: Statement of retained earnings • BS: Balance sheet Sales Cash Gain on sale of building Retained earnings Salary expense a b. c. d. e. 5. FINANCIAL ACCOUNTING f. h. Capital stock Dividends paid Loss on sale of investment Income tax expense Net income...
Looking for a solution to this question Indicate the financial statement on which each of the...
Looking for a solution to this question
Indicate the financial statement on which each of the following items appears. Use I for income statement, E for statement of retained earnings, and B for balance sheet. Services Revenue b. Interest Payable C Accounts Receivable d. Salaries Expense e. Equipment f. Prepaid Insurance g. Buildings h. Rental Revenue i. Dividends j. Office Supplies k. Interest Expense 1. Insurance Expense
Indicate the financial statement on which each of the following items appears. Use / for Income...
Indicate the financial statement on which each of the following items appears. Use / for Income statement, E for statement of retained earnings, and B for balance sheet. a. Supplies Furniture c. Warehouse d. Fuel Expense e. Haircutting Revenue f. Accounts Payable 9. Taxes Payable h. Unearned Store Sales i Consulting Revenue Salaries Payable k. Unearned Ticket Revenue I Dividends < Prev 37 of 63 !!! Next > MacBook Air
Indicate the financial statement on which each of the following items appears. Use I for income...
Indicate the financial statement on which each of the following items appears. Use I for income statement, E for statement of owner's equity. and B for balance sheet a Office Equipment b. Store Equipment C Utilities Payable d Prepaid Insurance e Rent expense t Uneaned Subscriptions g Salanies Expense h. Postage expense Interest Expense k Insurance Expense 1 Rent Payable
Indicate the financial statement on which each of the following items appears. Use I for income...
Indicate the financial statement on which each of the following items appears. Use I for income statement, E for statement of retained earnings, and B for balance sheet. a. Wages Expense b. Wages Payable c. Warehouse d. Janitorial Expense e. Accounts Payable f. Accounts Receivable 9. Advertising Expense h. Buildings i. Cash j. Commission Revenue k. Consulting Revenue 1. Delivery Expense
For each adjustment, indicate the income statement and balance sheet account affected, and the impact on...
For each adjustment, indicate the income statement and balance sheet account affected, and the impact on net income. If an adjustment caused net income to decrease, enter the amount as a negative value. Net income before adjustments can be found on the income statement tab. (Hint: Using the drop-down button, select "Unadjusted") O show less Adjusted> Account affecting the Impact on net income Adjusting entry related to a) Rent b) Insurance c) Office supples d) Depreciation e) Unbilled fees Income...
Listed below are a number of financial statement captions. Indicate the following for each item: (1) the category of each item (Asset, Liability, Stockholders' Equity, Revenue, or Expense), and (2) the financial statement on which the item can usually be found (Income Statement or Balance Sheet) A. Asset |- Accounts Receivable (1) the category of each item (Asset, Liability, Stockholders' Equity, Revenue, or Expense) B. Balance Sheet Accounts Receivable (2) the financial statement on which the item can usually be...
Your anwer is partially correct. Try again. Indicate for each of the following what should be dieclosed on a statement of cash lows (Ondiret mathod), If not disclosed, select "Not shown to net income, select "Add" and for an 8em that isde ($31,000). 2 the em i noncash tranaction that sh om net income, select "Deduct Show financing and investing outflows in parentheses. For example, an answer might be: Deduct $4,700 or Investing There may be more than ane answer...
1. Indicate on which financial statement you would expect to find each of the following. If an item can be found on more than one statement, list each statement. Balance Sheet Example: Cash Notes payable Wages expense Cost of goods sold Sales revenue Inventory Income tax expense Dividends Retained earnings Accounts payable Equipment
Financial statement Data Table a. In column (1) indicate b. In column (2), indicate whether the account is a current asset account identification Mark each of the accounts listed in the following tablE asfollows in which stabement-income statement (1S) or balance sheet (BS)-the account belongs (CA), current Sability (CL), expense (E), fxed asset (FA) Select from the drop down menus) Account Name Accounts payable Accounts receivable Accuals Accumulated depreciation Administrative expense Statement Type of Account Account Name Accounts payable Type...
1. Use the following abbreviations to indicate on which statement you would find each item below. Some items may appear on more than one statement. Include all abbreviations that would apply. • IS: Income statement • SRE: Statement of retained earnings • BS: Balance sheet Sales Cash Gain on sale of building Retained earnings Salary expense a b. c. d. e. 5. FINANCIAL ACCOUNTING f. h. Capital stock Dividends paid Loss on sale of investment Income tax expense Net income...
Looking for a solution to this question
Indicate the financial statement on which each of the following items appears. Use I for income statement, E for statement of retained earnings, and B for balance sheet. Services Revenue b. Interest Payable C Accounts Receivable d. Salaries Expense e. Equipment f. Prepaid Insurance g. Buildings h. Rental Revenue i. Dividends j. Office Supplies k. Interest Expense 1. Insurance Expense
Indicate the financial statement on which each of the following items appears. Use / for Income statement, E for statement of retained earnings, and B for balance sheet. a. Supplies Furniture c. Warehouse d. Fuel Expense e. Haircutting Revenue f. Accounts Payable 9. Taxes Payable h. Unearned Store Sales i Consulting Revenue Salaries Payable k. Unearned Ticket Revenue I Dividends < Prev 37 of 63 !!! Next > MacBook Air
Indicate the financial statement on which each of the following items appears. Use I for income statement, E for statement of owner's equity. and B for balance sheet a Office Equipment b. Store Equipment C Utilities Payable d Prepaid Insurance e Rent expense t Uneaned Subscriptions g Salanies Expense h. Postage expense Interest Expense k Insurance Expense 1 Rent Payable
Indicate the financial statement on which each of the following items appears. Use I for income statement, E for statement of retained earnings, and B for balance sheet. a. Wages Expense b. Wages Payable c. Warehouse d. Janitorial Expense e. Accounts Payable f. Accounts Receivable 9. Advertising Expense h. Buildings i. Cash j. Commission Revenue k. Consulting Revenue 1. Delivery Expense
For each adjustment, indicate the income statement and balance sheet account affected, and the impact on net income. If an adjustment caused net income to decrease, enter the amount as a negative value. Net income before adjustments can be found on the income statement tab. (Hint: Using the drop-down button, select "Unadjusted") O show less Adjusted> Account affecting the Impact on net income Adjusting entry related to a) Rent b) Insurance c) Office supples d) Depreciation e) Unbilled fees Income...
Most questions answered within 3 hours.
-
(CO 2) A field can be added to a report to
values for two or more...
asked 45 minutes ago -
Identify 3 research scenarios that might provide a low,
medium, and high degree of variability in...
asked 1 hour ago -
how
does gravity affect the trajectory of projectile? what would be the
shape of the trajactory...
asked 1 hour ago -
Two small plastic spheres are given positive electrical charges.
When they are a distance of 15.4...
asked 2 hours ago -
An acidic solution containing gold ions is
electrolyzed, producing gaseous oxygen (from water) at the anode...
asked 2 hours ago -
Assume that the population of Mexico is 128
million and that the population increases 1.01
percentannually....
asked 3 hours ago -
Can someone please help me add appropriate descriptive
comments to each line of code in the...
asked 3 hours ago -
Romeo wishes to throw a bouquet of flowers to Juliet, who is on
a second-story balcony,...
asked 4 hours ago -
Why is QE a controversial monetary policy tool.
A. It may lead to excessive inflation.B. By...
asked 4 hours ago -
Principles of Programming midterm study guide help!
1.)
______ Which of the following would reference the...
asked 4 hours ago -
A finite potential well has depth U0 = 2.78 eV . What is the
penetration distance...
asked 5 hours ago -
1. The bus bars of a power station are in two sections A and B
separated...
asked 5 hours ago