Homework Answers
| Balance sheet | Income Statement | |||||
| Transaction | Asset | Liabilities | Stockholder's Equity | Revenues | Expenses | Net Income |
| a. | $ -500 | $ 500 | $ 500 | $ 500 | ||
| b. | $ -4,000 | $ -4,000 | $ -4,000 | $ -4,000 | ||
| c. | $ -800 | $ -800 | $ -800 | $ -800 | ||
| Workings: | ||||||
| a. | (2000 X 1/4) | = | 500 | |||
| b. | 4000 | |||||
| c. | ($3200 X 6/24) | = | $ 800 | |||
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In each of the following transactions (a) through (C) for Catena's Marketing Company, indicate the amounts...
In each of the following transaction (a) through (c) the Catena’s Marketing Company indicated the amount and the direction of effects
In each of the following transaction (a) through (c) the Catena’s Marketing Company indicated the amount and the direction of effects of the adjusting entry on the elements of the balance sheet and income statement indicate + for increase. -for decrease (Reductions in account balance should be indicated with a minus sign)Collected $1,200 rent for the period December 1 of the current year to April 1 of next year, which was credit to Unearned Rent on December 1.Purchased a machine...
Catena's Marketing Company has the following adjusted trial balance at the end of the current year....
Catena's Marketing Company has the following adjusted trial
balance at the end of the current year. Cash dividends of $630 were
declared at the end of the year, and 600 additional shares of
common stock ($0.10 par value per share) were issued at the end of
the year for $2,400 in cash (for a total at the end of the year of
830 shares). These effects are included below:
Catena's Marketing Company Adjusted Trial Balance End of the Current Year...
Catena's Marketing Company has the following adjusted trial balance at the end of the current year....
Catena's Marketing Company has the following adjusted trial
balance at the end of the current year. Cash dividends of $600 were
declared at the end of the year, and 600 additional shares of
common stock ($0.10 par value per share) were issued at the end of
the year for $2,400 in cash (for a total at the end of the year of
830 shares). These effects are included below:
Catena’s Marketing Company
Adjusted Trial Balance
End of the Current Year...
Chapter 4 Catena's Marketing Company has the following adjusted trial balance at the end of the...
Chapter 4
Catena's Marketing Company has the following adjusted trial
balance at the end of the current year. Cash dividends of $600 were
declared at the end of the year, and 660 additional shares of
common stock ($0.10 par value per share) were issued at the end of
the year for $2,640 in cash (for a total at the end of the year of
810 shares). These effects are included below:
Catena's Marketing Company has the following adjusted trial balance...
Catena's Marketing Company has the following adjusted trial balance at the end of the current year....
Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $650 were declared at the end of the year, and 630 additional shares of common stock (50.10 par value per share) were issued at the end of the year for $2.520 in cash for a total at the end of the year of 810 shares). These effects are included below 1,620 Catena's Marketing Company Adjusted Trial Balance End of the Current...
Catena's Marketing Company has the following adjusted trial balance at the end of the current year....
Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $600 were declared at the end of the year, and 610 additional shares of common stock ($0.10 par value per share) were issued at the end of the year for $2,440 in cash (for a total at the end of the year of 830 shares). These effects are included below: Catena's Marketing Company Adjusted Trial Balance End of the Current Year...
2 Catena's Marketing Company has the following adjusted trial balance at the end of the current...
2 Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $620 were declared at the end of the year, and 610 additional shares of common stock ($0.10 par value per share) were issued at the end of the year for $2,440 in cash (for a total at the end of the year of 810 shares). These effects are included below: 15 points eBook Print References Catena's Marketing Company Adjusted Trial...
Catena's Marketing Company has the following adjusted trial balance at the end of the current year....
Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $650 were declared at the end of the year, and 580 additional shares of common stock ($0.10 par value per share) were issued at the end of the year for $2.320 in cash (for a total at the end of the year of 840 shares). These effects are included below: Catena's Marketing Company Adjusted Trial Balance End of the Current Year...
0.75 points Catena's Marketing Company has the following adjusted trial balance at the end of the...
0.75 points Catena's Marketing Company has the following adjusted trial balance at the end of the current year, Cash dividends of $630 were declared at the end of the year, and 520 additional shares of common stock ($0.10 par value per share) were issued at the end of the year for $2.000 in cash (for a total at the end of the year of 830 shares). These effects are included below: eBook 2,650 Catena's Marketing Company Audjusted Trial Balance End...
Catena's Marketing Company has the following adjusted trial balance at the end of the current year....
Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $590 were declared at the end of the year, and 610 additional shares of common stock ($0.10 par value per share) were issued at the end of the year for $2,440 in cash (for a total at the end of the year of 840 shares). These effects are included below: Catena's Marketing Company Adjusted Trial Balance End of the Current Year...
Catena's Marketing Company has the following adjusted trial
balance at the end of the current year. Cash dividends of $630 were
declared at the end of the year, and 600 additional shares of
common stock ($0.10 par value per share) were issued at the end of
the year for $2,400 in cash (for a total at the end of the year of
830 shares). These effects are included below:
Catena's Marketing Company Adjusted Trial Balance End of the Current Year...
Catena's Marketing Company has the following adjusted trial
balance at the end of the current year. Cash dividends of $600 were
declared at the end of the year, and 600 additional shares of
common stock ($0.10 par value per share) were issued at the end of
the year for $2,400 in cash (for a total at the end of the year of
830 shares). These effects are included below:
Catena’s Marketing Company
Adjusted Trial Balance
End of the Current Year...
Chapter 4
Catena's Marketing Company has the following adjusted trial
balance at the end of the current year. Cash dividends of $600 were
declared at the end of the year, and 660 additional shares of
common stock ($0.10 par value per share) were issued at the end of
the year for $2,640 in cash (for a total at the end of the year of
810 shares). These effects are included below:
Catena's Marketing Company has the following adjusted trial balance...
Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $650 were declared at the end of the year, and 630 additional shares of common stock (50.10 par value per share) were issued at the end of the year for $2.520 in cash for a total at the end of the year of 810 shares). These effects are included below 1,620 Catena's Marketing Company Adjusted Trial Balance End of the Current...
Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $600 were declared at the end of the year, and 610 additional shares of common stock ($0.10 par value per share) were issued at the end of the year for $2,440 in cash (for a total at the end of the year of 830 shares). These effects are included below: Catena's Marketing Company Adjusted Trial Balance End of the Current Year...
2 Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $620 were declared at the end of the year, and 610 additional shares of common stock ($0.10 par value per share) were issued at the end of the year for $2,440 in cash (for a total at the end of the year of 810 shares). These effects are included below: 15 points eBook Print References Catena's Marketing Company Adjusted Trial...
Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $650 were declared at the end of the year, and 580 additional shares of common stock ($0.10 par value per share) were issued at the end of the year for $2.320 in cash (for a total at the end of the year of 840 shares). These effects are included below: Catena's Marketing Company Adjusted Trial Balance End of the Current Year...
0.75 points Catena's Marketing Company has the following adjusted trial balance at the end of the current year, Cash dividends of $630 were declared at the end of the year, and 520 additional shares of common stock ($0.10 par value per share) were issued at the end of the year for $2.000 in cash (for a total at the end of the year of 830 shares). These effects are included below: eBook 2,650 Catena's Marketing Company Audjusted Trial Balance End...
Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $590 were declared at the end of the year, and 610 additional shares of common stock ($0.10 par value per share) were issued at the end of the year for $2,440 in cash (for a total at the end of the year of 840 shares). These effects are included below: Catena's Marketing Company Adjusted Trial Balance End of the Current Year...
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