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Activity 1.a - Post Transactions to T-accounts Enter the transactions into the T-accounts and then into the four-column ledgers. Be sure to calculate the balance after each entry in the four-column ledgers. On Dec. 15, paid $7,000 cash for dividends. Dividends Dividends Date Explanation Ref Debit Credit Balance Cash Cash Date Explanation Ref Debit Credit Balance On Dec. 15, received 59,000 on account from a customer. Cash Cash Date Explanation Ref Debit Credit Balance Accounts Receivable Accounts Receivable Date Explanation...
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Pearson ACT -Sole Proprietorship - Google Chrome act.pearsoncmg.com/activity/1/4/1 X Sed Pare Accounting Cycle Tutorial Step 1: Account Balances Balancing the Expanded Accounting Equation Glossary oui HINT Activity 4.a - Balance the Expanded Accounting Equation Enter the missing value to balance the equation. Assets = Liabilities + Owner, Capital - Owner, Withdrawals + Revenues - Expenses brrect 51000 = 40,000 + 6,000 - 11.000 + 47,000 - 31,000 et 35,000 = + 29,000 - 45,000 + 43,000 - 19.000 12,000 =...
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Enter the transactions into the T-accounts and then into the four-column ledgers. Be sure to calculate the balance after each entry in the four-column ledgers. On Dec. 1, paid $6,000 cash for salaries. Salaries Expense Salaries Expense Date Explanation Ref Debit Credit Balance Balance Del 1 Cash Cash Date Explanation Ref Debit Credit Balance Dec 1 On Dec. 5, purchased $8,000 of equipment on account Equipment Dec, 1 Equipment Dec 3 Date Explanation Ret Debit Credit Balance Dec. 5 Dec....
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Can someone pls help me out I'm struggling very much. Thank
you!
Date Accounts Debit Credit Accounts Receivable Account No. 105 Dec. 31 Salaries Expense 3,600 Date Explanation Ref. Debit Credit Balance Salaries Payable 3,600 Beg, Balance 0 Dec, 15 Performed services on account 11 3,800 3,800 Date Accounts Debit Credit Dec, 25 Collected cash an account J1 3,800 0 Dec. 31 100 Dec. 28 Performed services on account J1 700 700 Depreciation Expense- Furniture Accumulated Depreciation - Furniture Bal....
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Accounting Cycle Tutorial . Step 7: Prepare the Adjusted Trial Balance 0.00 2 Prepare the Adjusted Trial Balance Activity 2.a - Prepare the Adjusted Trial Balance Post the transactions to the ledger in chronological order and complete the Adjusted Trial Balance. Transactions Dec. issued common stock for $22,100 cash Explanation Debit Credit Balance 21.000 43100 Received cash in advance for service to Paid rent in advance Billed clients for $13.900 of work performed Received payment of 1500 in advance for...
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please answer completely :)
act.pearsoncmg.com/activity/0/4/1 PART 4: Prepare the Unadjusted Trial Balance Prepare the Unadjusted Trial Balance for Smart Touch Learning for December 31st. Check your spelling carefully and do not abbreviate. Enter the account names exactly as provided in the Chart of Accounts. Enter the accounts in the order of Assets, Liabilities, Equity, Revenues, and Expenses. ACCOUNT Smart Touch Learning Accounts Receivable 600 Unadjusted Trial Balance Cash 46,110 December 31, 2016 Common Stock 40.500 Balance Dividends 2.900 Account Title...
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Panon ACT - Corporations - Google Chrome act personcmg.com/activity/9/3/2 Activity 3.b - More Practice Journalizing Closing Entries Using the information from the Adjusted Trial Balance, journalize the closing entries f Date Accounts and explanation Debit Crede SMART TOUCH LEARNING Adjusted Trial Balance December 31, 2016 Service Revenue Balance Debit Credit Account Title To dose Round Cash 16,600 Accounts Receivable 9,100 Accounts and Explanation Office Supplies 200 income summary Prepaid Rent 11,000 Accumulated Depreciation Furniture 19,300 Accumulated Depreciation Furniture 6.600 Accounts...
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Please answer question D, the last 3 unanswered pictures.
thank you so much
Problem 4-02A a-e (Part Level Submission) The adjusted trial balance columns of the worksheet for Ayayai Company are as follows. . 130 157 Ayayai Company Worksheet For the Year Ended December 31, 2019 Adjusted Trial Balance Account No. Account Titles Dr. Cr. 101 Cash 5,000 112 Accounts Receivable 10,500 126 Supplies 1,200 Prepaid Insurance 1,800 Equipment 26,500 158 Accumulated Depreciation-Equipment 5,000 200 Notes Payable 12,000 201 Accounts...
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Fixing the Closing Entries
Your answer is correct. Prepare a classified balance sheet. (Note: $5,000 of the notes payable become due in 2018.) (List Current Assets in order of liquidity.) ALSHWER COMPANY Balance Sheet December 31, 2017 Assets TCurrent Assets T Cash 5300 T Accounts Receivable 10800 T Supplies 1500 | Prepaid Insurance 2000 T Total Current Assets 19600 Property, plant and Equipment T Equipment 무 27000 T Less TAccumulated Depreciation- 5600 21400 T Total Assets 41000 Liabilities and Stockholders'...
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Question 3 of 6 -/1 View Policies Current Attempt in Progress 3 The Starr Theater, owned by Meg Vargo, will begin operations in March. The Starr will be unique in that it will show only triple features of sequential theme movies. As of March 1, the ledger of Starr showed: Cash $3,050, Land $23,000, Buildings (concession stand, projection room, ticket booth, and screen) $12,000, Equipment $12,000, Accounts Payable $7,200, and Owner's Capital $42,850. During the month of March, the following...
Activity 1.a - Post Transactions to T-accounts Enter the transactions into the T-accounts and then into the four-column ledgers. Be sure to calculate the balance after each entry in the four-column ledgers. On Dec. 15, paid $7,000 cash for dividends. Dividends Dividends Date Explanation Ref Debit Credit Balance Cash Cash Date Explanation Ref Debit Credit Balance On Dec. 15, received 59,000 on account from a customer. Cash Cash Date Explanation Ref Debit Credit Balance Accounts Receivable Accounts Receivable Date Explanation...
Pearson ACT -Sole Proprietorship - Google Chrome act.pearsoncmg.com/activity/1/4/1 X Sed Pare Accounting Cycle Tutorial Step 1: Account Balances Balancing the Expanded Accounting Equation Glossary oui HINT Activity 4.a - Balance the Expanded Accounting Equation Enter the missing value to balance the equation. Assets = Liabilities + Owner, Capital - Owner, Withdrawals + Revenues - Expenses brrect 51000 = 40,000 + 6,000 - 11.000 + 47,000 - 31,000 et 35,000 = + 29,000 - 45,000 + 43,000 - 19.000 12,000 =...
Enter the transactions into the T-accounts and then into the four-column ledgers. Be sure to calculate the balance after each entry in the four-column ledgers. On Dec. 1, paid $6,000 cash for salaries. Salaries Expense Salaries Expense Date Explanation Ref Debit Credit Balance Balance Del 1 Cash Cash Date Explanation Ref Debit Credit Balance Dec 1 On Dec. 5, purchased $8,000 of equipment on account Equipment Dec, 1 Equipment Dec 3 Date Explanation Ret Debit Credit Balance Dec. 5 Dec....
Can someone pls help me out I'm struggling very much. Thank
you!
Date Accounts Debit Credit Accounts Receivable Account No. 105 Dec. 31 Salaries Expense 3,600 Date Explanation Ref. Debit Credit Balance Salaries Payable 3,600 Beg, Balance 0 Dec, 15 Performed services on account 11 3,800 3,800 Date Accounts Debit Credit Dec, 25 Collected cash an account J1 3,800 0 Dec. 31 100 Dec. 28 Performed services on account J1 700 700 Depreciation Expense- Furniture Accumulated Depreciation - Furniture Bal....
Accounting Cycle Tutorial . Step 7: Prepare the Adjusted Trial Balance 0.00 2 Prepare the Adjusted Trial Balance Activity 2.a - Prepare the Adjusted Trial Balance Post the transactions to the ledger in chronological order and complete the Adjusted Trial Balance. Transactions Dec. issued common stock for $22,100 cash Explanation Debit Credit Balance 21.000 43100 Received cash in advance for service to Paid rent in advance Billed clients for $13.900 of work performed Received payment of 1500 in advance for...
please answer completely :)
act.pearsoncmg.com/activity/0/4/1 PART 4: Prepare the Unadjusted Trial Balance Prepare the Unadjusted Trial Balance for Smart Touch Learning for December 31st. Check your spelling carefully and do not abbreviate. Enter the account names exactly as provided in the Chart of Accounts. Enter the accounts in the order of Assets, Liabilities, Equity, Revenues, and Expenses. ACCOUNT Smart Touch Learning Accounts Receivable 600 Unadjusted Trial Balance Cash 46,110 December 31, 2016 Common Stock 40.500 Balance Dividends 2.900 Account Title...
Panon ACT - Corporations - Google Chrome act personcmg.com/activity/9/3/2 Activity 3.b - More Practice Journalizing Closing Entries Using the information from the Adjusted Trial Balance, journalize the closing entries f Date Accounts and explanation Debit Crede SMART TOUCH LEARNING Adjusted Trial Balance December 31, 2016 Service Revenue Balance Debit Credit Account Title To dose Round Cash 16,600 Accounts Receivable 9,100 Accounts and Explanation Office Supplies 200 income summary Prepaid Rent 11,000 Accumulated Depreciation Furniture 19,300 Accumulated Depreciation Furniture 6.600 Accounts...
Please answer question D, the last 3 unanswered pictures.
thank you so much
Problem 4-02A a-e (Part Level Submission) The adjusted trial balance columns of the worksheet for Ayayai Company are as follows. . 130 157 Ayayai Company Worksheet For the Year Ended December 31, 2019 Adjusted Trial Balance Account No. Account Titles Dr. Cr. 101 Cash 5,000 112 Accounts Receivable 10,500 126 Supplies 1,200 Prepaid Insurance 1,800 Equipment 26,500 158 Accumulated Depreciation-Equipment 5,000 200 Notes Payable 12,000 201 Accounts...
Fixing the Closing Entries
Your answer is correct. Prepare a classified balance sheet. (Note: $5,000 of the notes payable become due in 2018.) (List Current Assets in order of liquidity.) ALSHWER COMPANY Balance Sheet December 31, 2017 Assets TCurrent Assets T Cash 5300 T Accounts Receivable 10800 T Supplies 1500 | Prepaid Insurance 2000 T Total Current Assets 19600 Property, plant and Equipment T Equipment 무 27000 T Less TAccumulated Depreciation- 5600 21400 T Total Assets 41000 Liabilities and Stockholders'...
Question 3 of 6 -/1 View Policies Current Attempt in Progress 3 The Starr Theater, owned by Meg Vargo, will begin operations in March. The Starr will be unique in that it will show only triple features of sequential theme movies. As of March 1, the ledger of Starr showed: Cash $3,050, Land $23,000, Buildings (concession stand, projection room, ticket booth, and screen) $12,000, Equipment $12,000, Accounts Payable $7,200, and Owner's Capital $42,850. During the month of March, the following...