Homework Answers
Requirement 2.
| Sharon Sutton, Registered Dietician | |
| Statement of Retained Earnings | |
| Month Ended July 31, 2018 | |
| Retained Earnings, July 1, 2018 | $0 |
| Add: Net Income | 10,130 |
| 10,130 | |
| Less: Dividends | -2,100 |
| Retained Earnings, July 31, 2018 | 8,030 |
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The trial balance as of July 31, 2018, for Sharon Sutton, Registered Dietician, is presented below:...
The trial balance as of July 21, 2019 for Sharan Sultan, Registered Dicticien, is presented below:...
The trial balance as of July 21, 2019 for Sharan Sultan, Registered Dicticien, is presented below: Click the icon to view the trial balance. Read the requirements Requirement 1. Prepare the income statement for the month anded July 31 2018 (IT A box is not used in the statement, in the trial balance.) va the box empty do not antara labai or A zaro Check your spelling carefully and do not abbreviate. When appropriate, use only the account names provided...
prepare an income statement, statement of retained earnings, and balance sheet. Sharon Silver, Registered Dietician July...
prepare an income statement, statement of retained earnings,
and balance sheet.
Sharon Silver, Registered Dietician July 31, 2017 Account Titles Balance Dividends $2,300 Unearned Revenues $1,500 Utilities Expense $150 Cash $36,200 Office Supplies $1,800 Rent Expense $500 Accounts Receivable $9,100 Accounts Payable h# $3,300 Retained Earnings (Beginning Balance) $0 Salaries Expense $1,700 Prepaid Insurance $2,000 Equipment $13,000 Notes Payable $30,000 Common Stock $23,150 Service Revenue $8,800
Lear P2.34A Preparing financial statements from the trial balance and calculating the debt ratio The trial...
Lear P2.34A Preparing financial statements from the trial balance and calculating the debt ratio The trial balance as of July 31, 2018, for Sara Simon, Registered Dietician, is presented below: 2. En SARA SIMON, REGISTERED DIETICIAN Trial Balance July 31, 2018 Account Title Cash Accounts Receivable Office Supplies Prepaid Insurance Equipment Accounts Payable Unearned Revenue Notes Payable Simon, Capital Simon, Withdrawals Service Revenue Salaries Expense Rent Expense Utilities Expense Balance Debit Credit $ 38,000 9,000 2,300 2,400 16,000 $ 3,000...
1. Prepare the income statement for the month ended July 31, 2018.
1. Prepare the income statement for the month ended July 31, 2018. 2. Prepare the statement of owner's equity for the month ended July 31, 2018. The beginning balance of capital was $0 and the owner contributed $24,000 during the month. 3. Prepare the balance sheet as of July 31, 2018. 4. Calculate the debt ratio as of July 31, 2018.Sandra Sousa, Registered Dietician Trial Balance July 31, 2018
Options for last line are (Compliance/incompliance) Credit Balsamo Corporation Adjusted Trial Balance July 31, 2018 Account...
Options for last line are (Compliance/incompliance)
Credit Balsamo Corporation Adjusted Trial Balance July 31, 2018 Account Debit Cash 12,400 Accounts receivable 19,500 Supplies 3,000 Prepaid rent 1,400 Equipment 36,800 Accumulated depreciation equipment Accounts payable Interest payable Unearned service revenue Income tax payable Note payable Common stock Retained earnings Dividends 6,000 Service revenue Depreciation expense-equipment 1,200 Salary expense 40,500 Rent expense 11,000 Interest expense 3,100 Insurance expense 3,600 Supplies expense 2,100 6,800 Income tax expense 4,800 8,600 300 300 2,200 18,200...
The adjusted trial balance for China Tea Company at December 31, 2018, is presented below: Credit...
The adjusted trial balance for China Tea Company at December 31, 2018, is presented below: Credit Debit 10,700 152,000 5,200 27,000 320,000 Cash Accounts receivable Prepaid rent Inventory Equipment Accumulated depreciation - equipment Accounts payable Notes payable - due in three months Salaries payable in Interest payable Common stock Retained earnings Sales revenue Costs of goods sold Salaries expenses Rent expenses Depreciation expense Interest expense Advertising expense Totals 127,000 32,000 32,000 4,200 1,200 210,000 54,400 420,000 190,000 122,000 17,000 32,000...
The adjusted trial balance at October 31, 2018 is presented below for Van Houten Ltd VAN...
The adjusted trial balance at October 31, 2018 is presented below for Van Houten Ltd VAN HOUTEN LTD Trial Balance October 31, 2018 Debit Credit Cash Accounts receivable Prepaid insurance Supplies Equipment Accumulated depreciation-equipment Building Accumulated depreciation-building Accounts payable Credit Card payable Bank loan payable Common shares Retained earnings (before Net Income) Service revenue Salaries expense Rent expense Insurance expense Utilities expense Travel expense Legal expense Interest expense Courier expense 5,200 70,100 19,100 2,150 34,000 1,700 81,785 8,179 39,200 42,600...
Novak Company ended its fiscal year on July 31, 2022. The company's adjusted trial balance as...
Novak Company ended its fiscal year on July 31, 2022. The company's adjusted trial balance as of the end of its fiscal year is shown as follows Credit No. 101 112 Debit $10.900 8,600 15,500 Novak Company Adjusted Trial Balance July 31, 2022 Account Titles Cash Accounts Receivable Equipment - Accumulated Depreciation-Equip. Accounts Payable Unearned Rent Revenue Common Stock Retained Earnings Dividends Service Revenue Rent Revenue Depreciation Expense Salaries and Wages Expense Utilities Expense 157 158 201 208 311 320...
Kristen Company Adjusted Trial Balance July 31, 2014 No. Account Titles Debits Credits 101 Cash $ ...
Kristen Company Adjusted Trial Balance July 31, 2014 No. Account Titles Debits Credits 101 Cash $ 9,840 112 Accounts Receivable 8,140 157 Equipment 15,900 167 Accumulated Depreciation—Equip. $ 5,400 201 Accounts Payable 2,220 208 Unearned Rent Revenue 3,800 311 Common Stock 18,000 320 Retained Earnings 20,260 332 Dividends 12,000 404 Service Revenue 64,000 429 Rent Revenue 6,500 711 Depreciation Expense 3,700 720 Salaries and Wages Expense 55,700 732 Utilities Expense 14,900 $120,180 $120,180 Instructions a) Prepare the income statement, retained...
Novak Company ended its fiscal year on July 31, 2022. The company's adjusted trial balance as...
Novak Company ended its fiscal year on July 31, 2022. The company's adjusted trial balance as of the end of its fiscal year is shown as follows. Credit No. 101 112 Debit $10,900 8,600 15,500 Novak Company Adjusted Trial Balance July 31, 2022 Account Titles Cash Accounts Receivable Equipment Accumulated Depreciation-Equip. Accounts Payable Unearned Rent Revenue Common Stock Retained Earnings Dividends Service Revenue Rent Revenue Depreciation Expense Salaries and Wages Expense Utilities Expense 157 158 201 208 311 320 332...
The trial balance as of July 21, 2019 for Sharan Sultan, Registered Dicticien, is presented below: Click the icon to view the trial balance. Read the requirements Requirement 1. Prepare the income statement for the month anded July 31 2018 (IT A box is not used in the statement, in the trial balance.) va the box empty do not antara labai or A zaro Check your spelling carefully and do not abbreviate. When appropriate, use only the account names provided...
prepare an income statement, statement of retained earnings,
and balance sheet.
Sharon Silver, Registered Dietician July 31, 2017 Account Titles Balance Dividends $2,300 Unearned Revenues $1,500 Utilities Expense $150 Cash $36,200 Office Supplies $1,800 Rent Expense $500 Accounts Receivable $9,100 Accounts Payable h# $3,300 Retained Earnings (Beginning Balance) $0 Salaries Expense $1,700 Prepaid Insurance $2,000 Equipment $13,000 Notes Payable $30,000 Common Stock $23,150 Service Revenue $8,800
Lear P2.34A Preparing financial statements from the trial balance and calculating the debt ratio The trial balance as of July 31, 2018, for Sara Simon, Registered Dietician, is presented below: 2. En SARA SIMON, REGISTERED DIETICIAN Trial Balance July 31, 2018 Account Title Cash Accounts Receivable Office Supplies Prepaid Insurance Equipment Accounts Payable Unearned Revenue Notes Payable Simon, Capital Simon, Withdrawals Service Revenue Salaries Expense Rent Expense Utilities Expense Balance Debit Credit $ 38,000 9,000 2,300 2,400 16,000 $ 3,000...
1. Prepare the income statement for the month ended July 31, 2018. 2. Prepare the statement of owner's equity for the month ended July 31, 2018. The beginning balance of capital was $0 and the owner contributed $24,000 during the month. 3. Prepare the balance sheet as of July 31, 2018. 4. Calculate the debt ratio as of July 31, 2018.Sandra Sousa, Registered Dietician Trial Balance July 31, 2018
Options for last line are (Compliance/incompliance)
Credit Balsamo Corporation Adjusted Trial Balance July 31, 2018 Account Debit Cash 12,400 Accounts receivable 19,500 Supplies 3,000 Prepaid rent 1,400 Equipment 36,800 Accumulated depreciation equipment Accounts payable Interest payable Unearned service revenue Income tax payable Note payable Common stock Retained earnings Dividends 6,000 Service revenue Depreciation expense-equipment 1,200 Salary expense 40,500 Rent expense 11,000 Interest expense 3,100 Insurance expense 3,600 Supplies expense 2,100 6,800 Income tax expense 4,800 8,600 300 300 2,200 18,200...
The adjusted trial balance for China Tea Company at December 31, 2018, is presented below: Credit Debit 10,700 152,000 5,200 27,000 320,000 Cash Accounts receivable Prepaid rent Inventory Equipment Accumulated depreciation - equipment Accounts payable Notes payable - due in three months Salaries payable in Interest payable Common stock Retained earnings Sales revenue Costs of goods sold Salaries expenses Rent expenses Depreciation expense Interest expense Advertising expense Totals 127,000 32,000 32,000 4,200 1,200 210,000 54,400 420,000 190,000 122,000 17,000 32,000...
The adjusted trial balance at October 31, 2018 is presented below for Van Houten Ltd VAN HOUTEN LTD Trial Balance October 31, 2018 Debit Credit Cash Accounts receivable Prepaid insurance Supplies Equipment Accumulated depreciation-equipment Building Accumulated depreciation-building Accounts payable Credit Card payable Bank loan payable Common shares Retained earnings (before Net Income) Service revenue Salaries expense Rent expense Insurance expense Utilities expense Travel expense Legal expense Interest expense Courier expense 5,200 70,100 19,100 2,150 34,000 1,700 81,785 8,179 39,200 42,600...
Novak Company ended its fiscal year on July 31, 2022. The company's adjusted trial balance as of the end of its fiscal year is shown as follows Credit No. 101 112 Debit $10.900 8,600 15,500 Novak Company Adjusted Trial Balance July 31, 2022 Account Titles Cash Accounts Receivable Equipment - Accumulated Depreciation-Equip. Accounts Payable Unearned Rent Revenue Common Stock Retained Earnings Dividends Service Revenue Rent Revenue Depreciation Expense Salaries and Wages Expense Utilities Expense 157 158 201 208 311 320...
Novak Company ended its fiscal year on July 31, 2022. The company's adjusted trial balance as of the end of its fiscal year is shown as follows. Credit No. 101 112 Debit $10,900 8,600 15,500 Novak Company Adjusted Trial Balance July 31, 2022 Account Titles Cash Accounts Receivable Equipment Accumulated Depreciation-Equip. Accounts Payable Unearned Rent Revenue Common Stock Retained Earnings Dividends Service Revenue Rent Revenue Depreciation Expense Salaries and Wages Expense Utilities Expense 157 158 201 208 311 320 332...
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