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nment CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Problem 17-04 Presented below is information...
ractice Assignment Gradebook ORION Downloadable eTextbook gnment CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT On July...
ractice Assignment Gradebook ORION Downloadable eTextbook gnment CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT On July 1, 2017, Oriole Company Ltd. pays £18,000 to Orlow Insurance Ltd. for a 3-year insurance contract. Both companies have fiscal years ending December 31. For Oriole Company Ltd., journalize and post the entry on July 1 and the adjusting entry on December 31. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order...
Study Practice Assignment Gradebook ORION Downloadable eTextbook en Assignment CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT...
Study Practice Assignment Gradebook ORION Downloadable eTextbook en Assignment CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Brief Exercise 10-10 Wildhorse Co. issued 4,000, 8%, 5-year, $1,000 bonds dated January 1, 2019, at 100. Interest is paid each January 1. 10-6 Prepare the journal entry to record the sale of these bonds on January 1, 2019. (Credit account titles are automatically indented when amount is entered. De not inden manually.) Date Account this and tuplanation Debit Credit 10-14 its by SHOW...
CALCULATOR FULL SCREEN PRINTER VERSION « BACK N Problem 11-2A Fechter Corporation had the following stockholders'...
CALCULATOR FULL SCREEN PRINTER VERSION « BACK N Problem 11-2A Fechter Corporation had the following stockholders' equity accounts on January 1, 2015: Common Stock ($5 par) $505,300, Paid-in Capital in Excess of Par-- Common Stock $189,930, and Retained Earnings $115,850. In 2015, the company had the following treasury stock transactions. Mar. 1 Purchased 6,290 shares at $8 per share. June 1 Sold 1,360 shares at $13 per share. Sept.1 Sold 1,130 shares at $11 per share. Dec. 1 Sold 1,130...
Problem 17-04 Presented below is information taken from a bond investment amortization schedule with related fair...
Problem 17-04 Presented below is information taken from a bond investment amortization schedule with related fair values provided. These bonds are classified as available-for-sale. Amortized cost Fair value 12/31/20 $533,200 $539,200 1 2/31/21 $477,000 $465,900 12/31/22 $531,700 $531,700 (a) Indicate whether the bonds were purchased at a discount or at a premium. (b) Prepare the adjusting entry to record the bonds at fair value at December 31, 2020. The Fair Value Adjustment account has a debit balance of $1,000 prior...
ent PRINTER VERSION BACK NEXT Question 4 On October 1, 2018, Spooner Corporation issued $810,000 of...
ent PRINTER VERSION BACK NEXT Question 4 On October 1, 2018, Spooner Corporation issued $810,000 of 10-year, 4% bonds at 100. Interest is payable semi-annually on October 1 and April 1. Spooner's year end is December 31 and the company records adjusting entries annually a) Prepare journal entries to record the following: (Round answers to the nearest whole dollar, e.g. 5,275. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) 1. The issue of...
ssignment CALCULATOR MESSAGE MY INSTRUCTOR FULL SCREEN PRINTER VERSION 4 BACK NEX CES it 2. 3....
ssignment CALCULATOR MESSAGE MY INSTRUCTOR FULL SCREEN PRINTER VERSION 4 BACK NEX CES it 2. 3. Exercise 4-10 Wildhorse Co., opened an incorporated dental practice on January 1, 2017. During the first month of operations, the following transactions occurred. 1. Performed services for patients who had dental plan insurance. At January 31, $740 of such services was completed but not yet billed to the insurance companies. Utility expenses incurred but not paid prior to January 31 totaled $850. Purchased dental...
CALCULATOR FULL SCREEN PRINTER VERSION Question 2 At December 31, 2020, the available-for-sale debt portfolio for...
CALCULATOR FULL SCREEN PRINTER VERSION Question 2 At December 31, 2020, the available-for-sale debt portfolio for Marin, Inc. is as follows. Security Cost Fair Value $37,625 $32,250 26,875 30,100 49,450 54,825 Total $113,950 $117,175 Previous fair value adjustment balance-Dr. Fair value adjustment-Dr. Unrealized Gain (Loss) $(5,375 ) 3,225 5,375 3,225 860 $2,365 On January 20, 2021, Marin, Inc. sold security A for $32,465. The sale proceeds are net of brokerage fees. (a) Prepare the adjusting entry at December 31, 2020,...
Need the transactions journalized gnment CALCULATOR PRINTER VERSION BACK NEXT Exercise 2-03 Selected transactions for M....
Need the transactions journalized
gnment CALCULATOR PRINTER VERSION BACK NEXT Exercise 2-03 Selected transactions for M. Acosta, an Interior decorator, in her first month of business, are as follows. Jan. 2 Invested $10,000 cash in business. 3 Purchased used car for $3,000 cash for use in business. 9 Purchased supplies on account for $600. 11 Billed customers $2,400 for services performed 16 Paid $350 cash for advertising 20 Received $900 cash from customers billed on January 11. 23 Paid creditor...
CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Question 14 Swifty Corporation has 83,000 shares of common...
CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Question 14 Swifty Corporation has 83,000 shares of common stock outstanding. It declares a $2 per share cash dividend on November 1 to stockholders of record on December 1. The dividend is paid on December 31 Prepare the entries on the appropriate dates to record the declaration and payment of the cash dividend. (Record journal entries lathe ander presented in the problem Credit account titles are automatically indented when amount is entered. Do...
unut, ALLBURting Principles, 13e Help System Announcements ament CALCULATOR PRINTER VERSION On July 1, 2019, Major...
unut, ALLBURting Principles, 13e Help System Announcements ament CALCULATOR PRINTER VERSION On July 1, 2019, Major Co. pays $15,120 to Mesa Insurance Co. for a 4-year insurance contract. Both companies have fiscal years ending December 31. 4 4 BACK N Journalize and post the entry on July 1 and the adjusting entry on December 31 for Mesa Insurance Co. Mesa uses the accounts Uneared Service Revenue and Service Revenue. (Credit account titles are automatically indented when the amount is entered....
ractice Assignment Gradebook ORION Downloadable eTextbook gnment CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT On July 1, 2017, Oriole Company Ltd. pays £18,000 to Orlow Insurance Ltd. for a 3-year insurance contract. Both companies have fiscal years ending December 31. For Oriole Company Ltd., journalize and post the entry on July 1 and the adjusting entry on December 31. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order...
Study Practice Assignment Gradebook ORION Downloadable eTextbook en Assignment CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Brief Exercise 10-10 Wildhorse Co. issued 4,000, 8%, 5-year, $1,000 bonds dated January 1, 2019, at 100. Interest is paid each January 1. 10-6 Prepare the journal entry to record the sale of these bonds on January 1, 2019. (Credit account titles are automatically indented when amount is entered. De not inden manually.) Date Account this and tuplanation Debit Credit 10-14 its by SHOW...
CALCULATOR FULL SCREEN PRINTER VERSION « BACK N Problem 11-2A Fechter Corporation had the following stockholders' equity accounts on January 1, 2015: Common Stock ($5 par) $505,300, Paid-in Capital in Excess of Par-- Common Stock $189,930, and Retained Earnings $115,850. In 2015, the company had the following treasury stock transactions. Mar. 1 Purchased 6,290 shares at $8 per share. June 1 Sold 1,360 shares at $13 per share. Sept.1 Sold 1,130 shares at $11 per share. Dec. 1 Sold 1,130...
Problem 17-04 Presented below is information taken from a bond investment amortization schedule with related fair values provided. These bonds are classified as available-for-sale. Amortized cost Fair value 12/31/20 $533,200 $539,200 1 2/31/21 $477,000 $465,900 12/31/22 $531,700 $531,700 (a) Indicate whether the bonds were purchased at a discount or at a premium. (b) Prepare the adjusting entry to record the bonds at fair value at December 31, 2020. The Fair Value Adjustment account has a debit balance of $1,000 prior...
ent PRINTER VERSION BACK NEXT Question 4 On October 1, 2018, Spooner Corporation issued $810,000 of 10-year, 4% bonds at 100. Interest is payable semi-annually on October 1 and April 1. Spooner's year end is December 31 and the company records adjusting entries annually a) Prepare journal entries to record the following: (Round answers to the nearest whole dollar, e.g. 5,275. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) 1. The issue of...
ssignment CALCULATOR MESSAGE MY INSTRUCTOR FULL SCREEN PRINTER VERSION 4 BACK NEX CES it 2. 3. Exercise 4-10 Wildhorse Co., opened an incorporated dental practice on January 1, 2017. During the first month of operations, the following transactions occurred. 1. Performed services for patients who had dental plan insurance. At January 31, $740 of such services was completed but not yet billed to the insurance companies. Utility expenses incurred but not paid prior to January 31 totaled $850. Purchased dental...
CALCULATOR FULL SCREEN PRINTER VERSION Question 2 At December 31, 2020, the available-for-sale debt portfolio for Marin, Inc. is as follows. Security Cost Fair Value $37,625 $32,250 26,875 30,100 49,450 54,825 Total $113,950 $117,175 Previous fair value adjustment balance-Dr. Fair value adjustment-Dr. Unrealized Gain (Loss) $(5,375 ) 3,225 5,375 3,225 860 $2,365 On January 20, 2021, Marin, Inc. sold security A for $32,465. The sale proceeds are net of brokerage fees. (a) Prepare the adjusting entry at December 31, 2020,...
Need the transactions journalized
gnment CALCULATOR PRINTER VERSION BACK NEXT Exercise 2-03 Selected transactions for M. Acosta, an Interior decorator, in her first month of business, are as follows. Jan. 2 Invested $10,000 cash in business. 3 Purchased used car for $3,000 cash for use in business. 9 Purchased supplies on account for $600. 11 Billed customers $2,400 for services performed 16 Paid $350 cash for advertising 20 Received $900 cash from customers billed on January 11. 23 Paid creditor...
CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Question 14 Swifty Corporation has 83,000 shares of common stock outstanding. It declares a $2 per share cash dividend on November 1 to stockholders of record on December 1. The dividend is paid on December 31 Prepare the entries on the appropriate dates to record the declaration and payment of the cash dividend. (Record journal entries lathe ander presented in the problem Credit account titles are automatically indented when amount is entered. Do...
unut, ALLBURting Principles, 13e Help System Announcements ament CALCULATOR PRINTER VERSION On July 1, 2019, Major Co. pays $15,120 to Mesa Insurance Co. for a 4-year insurance contract. Both companies have fiscal years ending December 31. 4 4 BACK N Journalize and post the entry on July 1 and the adjusting entry on December 31 for Mesa Insurance Co. Mesa uses the accounts Uneared Service Revenue and Service Revenue. (Credit account titles are automatically indented when the amount is entered....
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