My answer here is correct but incomplete,
please help me find out what's wrong with my answer
My answer here is correct but incomplete, please help me find out what's wrong with my...
Required information The following information applies to the questions displayed below.) Sye Chase started and operated a small family architectural firm in Year 1. The firm was affected by two events: (0) Chase provided $21,900 of services on account, and (2) he purchased $6,300 of supplies on account. There were $1,100 of supplies on hand as of December 31, Year 1. Required a, b, & e. Record the two transactions in the accounts. Record the required year-end adjusting entry to...
Sye Chase started and operated a small family architectural firm in Year 1. The firm was affected by two events: (1) Chase provided $22,800 of services on account, and (2) he purchased $6,900 of supplies on account. There were $800 of supplies on hand as of December 31, Year 1. Required a. b. & e. Record the two transactions in the accounts. Record the required year-end adjusting entry to reflect the use of supplies and the required closing entries. Post...
Required information Exercise 3-10A Recording supplies and identifying their effect on financial statements LO 3-1, 3-3, 3-4 [The following information applies to the questions displayed below.] Sye Chase started and operated a small family architectural firm in Year 1. The firm was affected by two events: (1) Chase provided $15,700 of services on account, and (2) he purchased $5,600 of supplies on account. There were $1,050 of supplies on hand as of December 31, Year 1. Exercise 3-10A Part a,...
Sye Chase started and operated a small family architectural firm
in Year 1. The firm was affected by two events: (1) Chase provided
$24,400 of services on account, and (2) he purchased $5,100 of
supplies on account. There were $1,100 of supplies on hand as of
December 31, Year 1.
Required
a. b. & e. Record the two transactions in the
accounts. Record the required year-end adjusting entry to reflect
the use of supplies and the required closing entries. Post...
Requirea information [The following information applies to the questions displayed below.) Sye Chase started and operated a small family architectural firm in Year 1. The firm was affected by two events: (1) Chase provided $21,100 of services on account, and (2) he purchased $3,600 of supplies on account. There were $750 of supplies on hand as of December 31, Year 1. Required a. b. & e. Record the two transactions in the accounts. Record the required year-end adjusting entry to...
Required information Exercise 13-10A Recording supplies and identifying their effect on financial statements LO 13-1, 13-3, 13-4 The following information applies to the questions displayed below) Sye Chase started and operated a small family architectural firm in Year 1. The firm was affected by two events: (1) Chase provided $18,400 of services on account, and (2) he purchased $4,400 of supplies on account. There were $900 of supplies on hand as of December 31, Year 1 Exercise 13-10A Part a,...
Required information Exercise 3-10A Recording supplies and identifying their effect on financial statements LO 3-1,3-3,3-4 [The following information applies to the questions displayed below.) Sye Chase started and operated a small family architectural firm in Year 1. The firm was affected by two events: (1) Chase provided $21,300 of services on account, and (2) he purchased $6,200 of supplies on account. There were $900 of supplies on hand as of December 31, Year 1 Exercise 3-10A Part a, b, and...
Sye Chase started and operated a small family architectural firm in Year 1. The firm was affected by two events: (1) Chase provided $21,700 of services on account, and (2) he purchased $5,300 of supplies on account. There were $1,150 of supplies on hand as of December 31, Year 1. Required a. b. & e. Record the two transactions in the accounts. Record the required year-end adjusting entry to reflect the use of supplies and the required closing entries. Post...
Please help me figure out, what's wrong with my answer? Thank
You!
Journalize the closing entries. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tities and enter o for the amounts.) Date Account Titles and Explanation Debit Credit Nov. 30 Service Revenue 7728 Sales Revenue 6050 Income Summary 13778 (To close revenue accounts and other accounts with credit balances.) Nov. 30 Income...
Can
someone tell me what I am missing in these T-accounts? My answer
says incomplete but I’m not sure what is missing.
work- Ch 3 0 Help Save & Exit S Check my w Ricky's Plano Rebuilding Company has been operating for one year. On January 1, at the start of its second year, its income statement accounts had zero balances and its balance sheet account balances were as follows: Cash Accounts Receivable Supplies Equipment Land Building $ 6,000 Accounts...