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P7.1. Goodness Hospital's general ledger contains the following unadjusted account balances, among others, at December 31,...
P7.3. Gaterburg Hospital's general ledger contains the following unad- justed account balances, among others, for December...
P7.3. Gaterburg Hospital's general ledger contains the following unad- justed account balances, among others, for December 31, 20X5: Acct. No. 104 $120,000 105 -O- 131 Accounts receivable Allowance for uncollectible accounts 120 Land 130 Buildings Accumulated depreciation-buildings 140 Equipment Accumulated depreciation equipment Contractual adjustments 502 Charity care adjustments 607 Depreciation expense 609 Bad debt expense The following additional information is available: 15,000 900,000 80,000 450,000 120,000 501 1. Of the December 31, 20X5, accounts receivable, it is estimated that 17...
Gaterburg Hospital’s general ledger contains the following unadjusted account balances, among others, for December 31, 20X5:...
Gaterburg Hospital’s general ledger contains the following unadjusted account balances, among others, for December 31, 20X5: Acct. No. 104 Accounts receivable $120,000 105 Allowance for uncollectible accounts -0- 120 Land 15,000 130 Buildings 900,000 131 Accumulated depreciation—buildings 80,000 140 Equipment 450,000 141 Accumulated depreciation—equipment 120,000 501 Contractual adjustments -0- 502 Charity care adjustments -0- 607 Depreciation expense -0- 609 Bad debt expense -0- The following additional information is available: 1. Of the December 31, 20X5, accounts receivable, it is estimated...
P7.2. Certain of the accounts in Gateway Hospital's preadjusted trial balance at December 31, 20X6, are...
P7.2. Certain of the accounts in Gateway Hospital's preadjusted trial balance at December 31, 20X6, are as follows: Acct. No. $ 60,000 102 103 104 -O- 105 Temporary investments Accrued interest receivable Accounts receivable Allowance for uncollectible accounts Prepaid insurance Land Buildings 107 120 130 940,000 3,000 1,800 50,000 4,000,000 450,000 1,900,000 750,000 100,000 -0- 131 140 141 202 203 205 250 403 404 501 502 604 607 608 609 Accumulated depreciation-buildings Equipment Accumulated depreciation-equipment Notes Payable Accrued interest payable...
18.2. Certain of the adjusted balances in the ledger of Gatorberg Hospital at December 31, 20x1,...
18.2. Certain of the adjusted balances in the ledger of Gatorberg Hospital at December 31, 20x1, the end of the hospital's current fiscal year, are provided here: Acct. No. 301 Hospital net assets 302 Revenue and expense summary 401 Routine services revenue 402 Ancillary services revenue 403 Interest income 404 Rental income 405 Tuition income 406 Other operating revenues 501 Contractual adjustments 502 Charity care adjustments 601 Salaries and wages expense 602 Supplies expense 603 Utilities expense $275,000 -0- 159,700...
That is the question, the below is the figure to which it refers. 18.1. Given here...
That is the question, the below is the figure to which it
refers.
18.1. Given here is the preadjusted trial balance of Greatville Hospital at December 31, 20x1, the end of the hospital's current fiscal year: Dr. Cr. $ 31,600 15,000 -0- 102,400 Acct. No. 101 102 103 104 105 106 107 108 109 120 130 $ -- Cash Temporary investments Accrued interest receivable Accounts receivable Allowance for uncollectible accounts Inventory Prepaid insurance Prepaid rent Prepaid interest Land Buildings 11,600...
On December 31, after adjustments, Gonzalez Company's ledger contains the following account balances: 101 Cash $...
On December 31, after adjustments, Gonzalez Company's ledger contains the following account balances: 101 Cash $ 47,200 Dr. 111 Accounts Receivable 17,800 Dr. 121 Supplies 4,000 Dr. 131 Prepaid Rent 40,600 Dr. 141 Equipment 64,000 Dr. 142 Accumulated Depreciation—Equip. 2,000 Cr. 202 Accounts Payable 8,500 Cr. 301 Emilio Gonzalez, Capital (12/1/2019) 65,620 Cr. 302 Emilio Gonzalez, Drawing 8,200 Dr. 401 Fees Income 163,600 Cr. 511 Advertising Expense 5,800 Dr. 514 Depreciation Expense—Equip. 1,000 Dr. 517 Rent Expense 4,600 Dr. 519...
Presented below are selected account balances for Rolling Yarn Co. as of December 31, 20X1. Prepaid...
Presented below are selected account balances for Rolling Yarn Co. as of December 31, 20X1. Prepaid rent Insurance expense Cash Accumulated depreciation Bad debt expense $22,600 Interest receivable 3.500 Salaries and wages expense 5,600 Sales revenue 34,100 Dividends 8,800 Accounts payable $ 6,400 38,300 47,900 2,000 14,900 Prepare closing entries below for Rolling Yarn Co. on December 31, 20X1 (not all lines may be needed). Show all 4 steps.
At December 31, Amy Jo's Appliances had account balances in Accounts Receivable of $313,000 and in...
At December 31, Amy Jo's Appliances had account balances in Accounts Receivable of $313,000 and in Allowance for Uncollectible Accounts of $650 (credit) before any adjustments. An analysis of Amy Jo's December 31 accounts receivable suggests that the allowance for uncollectible accounts should be 2% of accounts receivable. Bad debt expense for the year should be: Multiple Choice $6,910. $5,111. $6,260. $5,610.
Malasadas trading company Unadjusted Trial balance as at december 31, 2016 Account Debit Credit accounts receivable...
Malasadas trading company Unadjusted Trial balance as at december 31, 2016 Account Debit Credit accounts receivable 340,000 allowance for bad debts 25,000 merchandise inventory 210,000 store supplies 120,000 prepaid insurance 156,000 office furniture 1,200,000 accumulated depreciation - office furniture 360,000 computer equipment 600,000 accumulated depreciation - computer equipment accounts payable 345,000 wages payable interest payable notes payable long term 210,000 unearned sales revenue 265,000 donna malasadas capital 1,200,000 donna malasades withdrawal 190,000 sales revenue earned 1,755,200 sales discount 15,000 sales...
On January 1, 2018, the general ledger of ACME Fireworks includes the following account balances:...
On January 1, 2018, the general ledger of ACME Fireworks includes the following account balances: Accounts Debit Credit Cash $ 26,400 Accounts Receivable 48,800 Allowance for Uncollectible Accounts $ 5,500 Inventory 21,300 Land 59,000 Equipment 21,500 Accumulated Depreciation 2,800 Accounts Payable 29,800 Notes Payable (6%, due April 1, 2019) 63,000 Common Stock 48,000 Retained Earnings 27,900 Totals $ 177,000 $ 177,000 During January 2018, the following transactions occur: January 2 Sold gift cards totaling $10,600. The cards are redeemable for...
P7.3. Gaterburg Hospital's general ledger contains the following unad- justed account balances, among others, for December 31, 20X5: Acct. No. 104 $120,000 105 -O- 131 Accounts receivable Allowance for uncollectible accounts 120 Land 130 Buildings Accumulated depreciation-buildings 140 Equipment Accumulated depreciation equipment Contractual adjustments 502 Charity care adjustments 607 Depreciation expense 609 Bad debt expense The following additional information is available: 15,000 900,000 80,000 450,000 120,000 501 1. Of the December 31, 20X5, accounts receivable, it is estimated that 17...
P7.2. Certain of the accounts in Gateway Hospital's preadjusted trial balance at December 31, 20X6, are as follows: Acct. No. $ 60,000 102 103 104 -O- 105 Temporary investments Accrued interest receivable Accounts receivable Allowance for uncollectible accounts Prepaid insurance Land Buildings 107 120 130 940,000 3,000 1,800 50,000 4,000,000 450,000 1,900,000 750,000 100,000 -0- 131 140 141 202 203 205 250 403 404 501 502 604 607 608 609 Accumulated depreciation-buildings Equipment Accumulated depreciation-equipment Notes Payable Accrued interest payable...
18.2. Certain of the adjusted balances in the ledger of Gatorberg Hospital at December 31, 20x1, the end of the hospital's current fiscal year, are provided here: Acct. No. 301 Hospital net assets 302 Revenue and expense summary 401 Routine services revenue 402 Ancillary services revenue 403 Interest income 404 Rental income 405 Tuition income 406 Other operating revenues 501 Contractual adjustments 502 Charity care adjustments 601 Salaries and wages expense 602 Supplies expense 603 Utilities expense $275,000 -0- 159,700...
That is the question, the below is the figure to which it
refers.
18.1. Given here is the preadjusted trial balance of Greatville Hospital at December 31, 20x1, the end of the hospital's current fiscal year: Dr. Cr. $ 31,600 15,000 -0- 102,400 Acct. No. 101 102 103 104 105 106 107 108 109 120 130 $ -- Cash Temporary investments Accrued interest receivable Accounts receivable Allowance for uncollectible accounts Inventory Prepaid insurance Prepaid rent Prepaid interest Land Buildings 11,600...
Presented below are selected account balances for Rolling Yarn Co. as of December 31, 20X1. Prepaid rent Insurance expense Cash Accumulated depreciation Bad debt expense $22,600 Interest receivable 3.500 Salaries and wages expense 5,600 Sales revenue 34,100 Dividends 8,800 Accounts payable $ 6,400 38,300 47,900 2,000 14,900 Prepare closing entries below for Rolling Yarn Co. on December 31, 20X1 (not all lines may be needed). Show all 4 steps.
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