I need help with numbers 1 through 10 please.
Total | Total | Total | Net Income | Operating | Investing | Financing | |||||
S.no. | Transaction | Assets | Liabilities | Equity | Activities | Activities | Activities | ||||
1 | Owner invest 900 cash | 900 | 900 | 900 | |||||||
2 | Receives 700 cash for services provided | 700 | 700 | 700 | 700 | ||||||
3 | paid 500 wages | -500 | -500 | -500 | -500 | ||||||
4 | Buys 100 of equipment on credit | 100 | 100 | ||||||||
5 | Purchase 200 of supplies on credit | 200 | 200 | ||||||||
6 | Buys equipment 300 for cash | 0 | -300 | ||||||||
7 | pays 200 on Accounts payable | -200 | -200 | -200 | |||||||
8 | Provides 400 services on credit | 400 | 400 | 400 | |||||||
9 | Pays 50 cash for dividends | -50 | -50 | -50 | |||||||
10 | Collect 400 cash on Accounts receivable | 400 | |||||||||
I need help with numbers 1 through 10 please. Help Save & Exit Submit Check my...
Identify how each of the following separate transactions 1 through 10 affects financial statements. For increases, place a "t" and the dollar amount in the column or columns. For decreases, place a "-" and the dollar amount in the column or columns. Some cells may contain both an increase (t) and a decrease (-) along with dollar amounts. The first transaction is completed as an example.Required:a. For the balance sheet, identify how each transaction affects total assets, total liabilities, and...
Homework Help Save & Exit Check my Required: a. For the balance sheet, identify how each transaction affects total assets, total liabilities, and total equity. For the income statement, identify how each transaction affects net income. b. For the statement of cash flows, identify how each transaction affects cash flows from operating activities, cash flows from investing activities, and cash flows from financing activities. Sheet Income Statement Total Assets Net Income Balance Sheet Total Total Liabilities Equity 1900 4700 500...
Identify how each of the following separate transactions 1 through 10 affects financial statements. For increases, place a "+"and the dollar amount in the column or columns. For decreases, place a "and the dollar amount in the column or columns. Some cells may contain both an increase (+) and a decrease () along with the dollar amounts. The first transaction is completed as an example Required a. For the balance sheet, identify how each transaction affects total assets, total liabilities,...
Identify how each of the following separate transactions through 10 affects financial statements. For increases, place a ""and the dollar amount in the column or columns. For decreases, place a '- and the dollar amount in the column or columns. Some cells may contain both an increase (+) and a decrease ( along with the dollar amounts. The first transaction is completed as an example. Required: a. For the balance sheet, identify how each transaction affects total assets, total liabilities,...
I saved my completed answers but I am stuck on where to place the rest of the transactions. Answer is not complete. b. Balance Sheet Total Liabilities Income Statement Net Income Transaction Statement of Cash Flows Operating Investing Financing Activities Activities Activities +300 Owner invests $300 cash in business Total Assets +300 +100 -220 Total Equity +300 +100 -220 +100 -220 +350 +450 Receives $100 cash for services provided Pays $220 cash for employee wages Buys $350 of equipment on...
Identify how each of the following separate transactions through 10 affects financial statements. For increases, place a "+" and the dollar amount in the column or columns. For decreases, place a "-" and the dollar amount in the column or columns. Some cells may contain both an increase (+) and a decrease (-) along with dollar amounts. The first transaction is completed as an example. Required: a. For the balance sheet, identify how each transaction affects total assets, total liabilities,...
I need help with these questions please cruals/Deferrals Saved Help Save & Exit Check my 1. Received $40,000 cash from the issue of common stock. 2. Performed services on account for $82,000. 3. Paid a $6,000 cash dividend to the stockholders. 4. Collected $76,000 of the accounts receivable. 5. Paid $53,000 cash for other operating expenses. 6. Performed services for $19,000 cash. 7. Recognized $3,500 of accrued utilities expense at the end of the year. Required a. & c. Identify...
Help Save & Exit Su Saved ter 10 Homework Check my w B Required information Exercise 10-6A Two accounting cycles for bonds issued at face value LO 10-3 of 2 [The following information applies to the questions displayed below Doyle Company issued $400,000 of 10-year, 8 percent bonds on January 1, Year 2. The bonds were issued at face value. Interest is payable in cash on December 31 of each year. Doyle immediately invested the proceeds from the bond issue...
I need help with this extensive accounting problem. My numbers are not adding up so I would like to see how the whole problem is done as I cannot get the right answer due to each part affecting the next. de Accontns Packet Fxercise 4.7 (Comprehensive Exercise Hoosier Ine. Balance Sheet As of December 31,2017 Current Liabilities: Current Assets: 2,700 380,000 Accounts Payable 22,300 Interest Payable 3,000 Other Payable Accounts Receivable Supplies Prepaid Insurance Total Current Assets 2,500 9,000 Unearned...
Ch 1 1. Given the following dat Dec 31 Year 2 Dec 31 Year 1 Total liabilities S128,250 $120,000 Total stockholders oquity 95.000 80.000 compute the ratio of liabilities to stockholders' equity for each year Round to two decimal places 1.50 and 107, 11.35 and 1.50 respectively respectively 1.07 and 1.19. 1.1.19 and 1.35 respectively respectively The liabilities and stockholder's equity of a company are $132,000 and $244.000, respectively. Assets should equal SS188.00 $132.00 p $376,00 12.000 A financial statement...