have to make an income statement and balance it out
Homework Answers
Request Answer!
We need at least 10 more requests to produce the answer.
0 / 10 have requested this problem solution
The more requests, the faster the answer.
Add Answer to:
have to make an income statement and balance it
out
PROBLEM 1.2A On July of this...
B. Francis established Computer Wizards during November of this year. The accountant prepared the following chart...
B. Francis established Computer Wizards during November of this year. The accountant prepared the following chart of accounts: Assets Revenue Cash Income from Services Supplies Computer Software Expenses Office Equipment Wages Expense Neon Sign Rent Expense Advertising Expense Liabilities Utilities Expense Accounts Payable Miscellaneous Expense Owner's Equity B. Francis, Capital B. Francis, Drawing The following transactions occurred during the month: Francis deposited $59,000 in a bank account in the name of the business. Paid the rent for the current month,...
PROBLEM 3-3A Following is the chart of accounts of the C. Lucern Clinic Assets Revenue 111...
PROBLEM 3-3A Following is the chart of accounts of the C. Lucern Clinic Assets Revenue 111 Cash 411 Professional Fees 113 Accounts Receivable 115 Supplies Expenses 117 Prepaid Insurance 511 Salary Expense 124 Equipment 512 Rent Expense 513 Laboratory Expense 514 Utilities Expense (Continued) dan the oth NULL Rem e nts 530 Download Mr Sahib Check 2679 16 The equipment purchased on July was found to be broken. Die Lacet retumed the da p urt and received a reduction in...
How do you Find The Capital? Balance Sheet On July 1, 2019, Pat Glenn established Half...
How do you Find The Capital?
Balance Sheet On July 1, 2019, Pat Glenn established Half Moon Realty Pat completed the tollowing transactions during the month of July A. Opened a business bank account with a deposit of $25,000 from personal funds B. Purchased office supplies on account, $1,850. C. Paid creditor on account, $1,200 D. Earned sales commissions, receiving cash, $41,500 E. Paid rent on office and equipment for the month, $3,600. F. Withdrew cash for personal use, $4,000...
please use the info to fill out the sheet July 1: Harry invested $18,000 cash in the business. July 1: account. Pur...
please use the info to fill out the sheet
July 1: Harry invested $18,000 cash in the business. July 1: account. Purchased used truck for $9,000, paying $2,000 cash and the balance on July 3: Purchased cleaning supplies for $1,800 on account. July 5: Paid $4,800 cash on two-year insurance policy effective July 1. July 12: Billed customers $1,500 for cleaning services. July 18: Paid $2,000 cash on amount owed on truck and $800 on amount owed on cleaning supplies....
dated yet . 10 dini in the e yes J a n dated November 1, 2,...
dated yet . 10 dini in the e yes J a n dated November 1, 2, 3, 4, 5, 6 ...... . . .. PROBLEM 2-3A S. Myers, a speech therapist, opened a dinc in Clinic, Her accountant prepared the following chart of accounts Assets Owner's Equity Cash S. Myers, Capital Accounts Receivable S. Myers, Drawing Office Equipment Revenue Office Furniture Professional Fees Liabilities Accounts Payable Expenses Salary Experie Rent Expertise Utilities Expense Miscellaneous Expense The following transactions occurred during...
Q2. Kiki's Famous Desserts Corporation was formed on July 1, 2018. On July 31, the balance...
Q2. Kiki's Famous Desserts Corporation was formed on July 1, 2018. On July 31, the balance shhet showed Cash $7,000, Accounts Receivable (A/R) $2,000, Supplies $500, Office Equipment $5,000, Accounts Payable (A/P) $5,500, Common Stock (CS) $7,500, and Retained Earnings (R/E) $1,500. During August, the following transactions occurred. (a) Prepare a tabular analysis of the August transactions beginning with July 31 balances. The first row headings should be as follows: Cash + A/R + Supplies + Office Equipment = N/P...
Can someone please make a T account out of this for me??? invested $148,000 in cash...
Can someone please make a T account out of this for me??? invested $148,000 in cash to start the business. Paid $4,800 for the current month’s rent. Bought office furniture for $15,520 in cash. Performed services for $8,400 in cash. Paid $1,130 for the monthly telephone bill. Performed services for $14,200 on credit. Purchased a computer and copier for $35,600; paid $11,800 in cash immediately with the balance due in 30 days. Received $7,100 from credit clients. Paid $2,800 in...
July 1 Acquired $28,000 cash by issuing common stock. July 2 Paid $6,600 cash in advance...
July 1 Acquired $28,000 cash by issuing common stock. July 2 Paid $6,600 cash in advance for a one-year lease on an office. July 2 Borrowed $18,000 from National Bank by signing a two-year note with interest at 9% per year. The principal and interest will be repaid on July 1, 2021. July 3 Paid $14,400 cash for office equipment with a useful life of 5 years and no salvage value. July 4 Paid $300 cash for a one-year insurance...
Question 2. Prepare journal entries, T ledger accounts and a trial balance for the below given...
Question 2. Prepare journal entries, T ledger accounts and a trial balance for the below given transactions. (40 marks) Ms. Aisha started a consultancy business in October 2019 and has following transactions in first month of her business. Oct. 1 Invested AED 100,000 cash into the business. Oct.9 Purchased office equipment for AED 15,000 on credit. (ered Purchased Office supplies for AED 1.500 by paying cash. (cash) Provided consultancy services on cash $9.500 Oct.12 Oct.15 Oct.20 Oct. 22 Paid for...
CI - Transactions of Rose Company for the month of July 2019 are presented below: July...
CI - Transactions of Rose Company for the month of July 2019 are presented below: July 1: Rose invested $375,000 to start his business. July 5: Purchased equipment for $45,000, paying $11,250 cash and the remaining amount will be paid after 15 days. July 10: Purchased supplies on account for $3,000. July 14: Services billed to customers amounted to $18,750. July 17: Invested additional $150,000 cash in the business. July 25: Received a bill for $1,125 for advertising of the...
PROBLEM 3-3A Following is the chart of accounts of the C. Lucern Clinic Assets Revenue 111 Cash 411 Professional Fees 113 Accounts Receivable 115 Supplies Expenses 117 Prepaid Insurance 511 Salary Expense 124 Equipment 512 Rent Expense 513 Laboratory Expense 514 Utilities Expense (Continued) dan the oth NULL Rem e nts 530 Download Mr Sahib Check 2679 16 The equipment purchased on July was found to be broken. Die Lacet retumed the da p urt and received a reduction in...
How do you Find The Capital?
Balance Sheet On July 1, 2019, Pat Glenn established Half Moon Realty Pat completed the tollowing transactions during the month of July A. Opened a business bank account with a deposit of $25,000 from personal funds B. Purchased office supplies on account, $1,850. C. Paid creditor on account, $1,200 D. Earned sales commissions, receiving cash, $41,500 E. Paid rent on office and equipment for the month, $3,600. F. Withdrew cash for personal use, $4,000...
please use the info to fill out the sheet
July 1: Harry invested $18,000 cash in the business. July 1: account. Purchased used truck for $9,000, paying $2,000 cash and the balance on July 3: Purchased cleaning supplies for $1,800 on account. July 5: Paid $4,800 cash on two-year insurance policy effective July 1. July 12: Billed customers $1,500 for cleaning services. July 18: Paid $2,000 cash on amount owed on truck and $800 on amount owed on cleaning supplies....
dated yet . 10 dini in the e yes J a n dated November 1, 2, 3, 4, 5, 6 ...... . . .. PROBLEM 2-3A S. Myers, a speech therapist, opened a dinc in Clinic, Her accountant prepared the following chart of accounts Assets Owner's Equity Cash S. Myers, Capital Accounts Receivable S. Myers, Drawing Office Equipment Revenue Office Furniture Professional Fees Liabilities Accounts Payable Expenses Salary Experie Rent Expertise Utilities Expense Miscellaneous Expense The following transactions occurred during...
Question 2. Prepare journal entries, T ledger accounts and a trial balance for the below given transactions. (40 marks) Ms. Aisha started a consultancy business in October 2019 and has following transactions in first month of her business. Oct. 1 Invested AED 100,000 cash into the business. Oct.9 Purchased office equipment for AED 15,000 on credit. (ered Purchased Office supplies for AED 1.500 by paying cash. (cash) Provided consultancy services on cash $9.500 Oct.12 Oct.15 Oct.20 Oct. 22 Paid for...
CI - Transactions of Rose Company for the month of July 2019 are presented below: July 1: Rose invested $375,000 to start his business. July 5: Purchased equipment for $45,000, paying $11,250 cash and the remaining amount will be paid after 15 days. July 10: Purchased supplies on account for $3,000. July 14: Services billed to customers amounted to $18,750. July 17: Invested additional $150,000 cash in the business. July 25: Received a bill for $1,125 for advertising of the...
Most questions answered within 3 hours.
-
"provide products and mechanisms for (z)-3,4-dimethyl-2-pentene
reaction with Br2 in H2o including stereochemisty"
asked 48 minutes ago -
FOR the regular expression r= (a+b)*abb
(1) Find the NFA without ε-moves for r.
(2) Convert...
asked 56 minutes ago -
what are the moles of, 1.87 g SiO2, 0.95 g NH4Cl, and 2.46g
NaCl?
asked 57 minutes ago -
Transaction costs, as they relate to dividend policy,
A)
include the costs of brokerage fees.
B)...
asked 1 hour ago -
Which of the following is a true statement about
inpatriates?
A. Inpatriates are foreign employees who...
asked 1 hour ago -
I've written this program in C++ to compare 2 pizzas using
classes and it works fine....
asked 1 hour ago -
Assume the following information:
Work-in process, beginning 100 units, 25% complete
Units completed and transferred out...
asked 1 hour ago -
what was responsible for factory reforms and improved safety
working conditions? The triangle fire, the jungle,...
asked 1 hour ago -
In 2009, the average starting salary for an individual right out of
college with a bachelor’s...
asked 1 hour ago -
An elevator has a placard stating that the maximum capacity is
1550 lb — 10 passengers....
asked 1 hour ago -
* This program illustrates how to use a sequential search to
find the position of the...
asked 1 hour ago -
three kg of gas in a piston-cylinder assembly undergo
a process during the relationship between pressure...
asked 1 hour ago