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Account Titles | Debit | Credit | ||
1 | Cash | $ 11,800 | ||
Accounts Receivable for member dues | $ 11,800 | |||
2 | Unearned Sales Revenue | $ 27,200 | ||
Sales Revenue | $ 27,200 | |||
3 | Cash | $ 38,700 | ||
Unearned Sales Revenue | $ 38,700 | |||
Unearned Sales Revenue | $ 19,400 | =38700-19300 | ||
Sales Revenue | $ 19,400 | |||
4 | Accounts Receivable | $ 144,000 | ||
Service Revenue | $ 144,000 | |||
5 | Cash | $ 125,500 | =144000-18500 | |
Accounts Receivable | $ 125,500 |
Problem 4-1A (Part Level Submission) The following selected data are taken from the comparative financial statements...
Problem 4-1A (Part Level Submission)
The following selected data are taken from the comparative
financial statements of Yankee Curling Club. The club prepares its
financial statements using the accrual basis of accounting.
September 30
2017
2016
Accounts receivable for member dues
$18,500
$11,800
Unearned sales revenue
19,300
27,200
Service revenue (from member dues)
144,000
137,000
Dues are billed to members based upon their use of the club’s
facilities. Unearned sales revenues arise from the sale of tickets
to events, such...
Problem 4-1A (Part Level Submission) The following selected data are taken from the comparative financial statements of Yankee Curling Club. The club prepares its financial statements using the accrual accounting. September 30 Accounts receivable for member dues 2017 $15,000 20,000 151,000 2016 $19,000 23,000 135,000 Unearned sales revenue Service revenue (from member dues) Dues are billed to members based upon their use of the club's facilities. Unearned sales revenues arise from the sale of tickets to events, such as the...
Problem 4-1A (Part Level Submission) The following selected data are taken from the comparative financial statements of Yankee Curling Club. The club prepares its financial statements using the accrual basis of accounting. September 30 Accounts receivable for member dues Unearned sales revenue Service revenue (from member dues) 2017 $19,200 20,800 141,900 2016 $11,200 25,600 134,200 Dues are billed to members based upon their use of the club's facilities. Unearned sales revenues arise from the sale of tickets to events, such...
Problem 4-1A (Part Level Submission) The following selected data are taken from the comparative financial statements of Yankee Curling Club. The club prepares its financial statements using the accrual basis of accounting. September 30 Accounts receivable for member dues Unearned sales revenue Service revenue (from member dues) 2017 $19,200 20,800 141,900 2016 $11,200 25,600 134,200 Dues are billed to members based upon their use of the club's facilities. Unearned sales revenues arise from the sale of tickets to events, such...
The following selected data are taken from the comparative financial statements of Cullumber Curling Club. The club prepares its financial statements using the accrual basis of accounting. September 30 2022 2021 Accounts receivable for member dues $18,900 $10,400 Unearned sales revenue 19,500 25,000 Service revenue (from member dues) 144,100 135,300 Dues are billed to members based upon their use of the club's facilities. Unearned sales revenues arise from the sale of tickets to events, such as the Skins Game. (Hint:...
The following selected data are taken from the comparative financial statements of Sheridan Curling Club. The club prepares its financial statements using the accrual basis of accounting. September 30 Accounts receivable for member dues Unearned sales revenue Service revenue (from member dues) 2022 $18,600 19,900 144,400 2021 $10,000 26,200 130,500 Dues are billed to members based upon their use of the club's facilities. Unearned sales revenues arise from the sale of tickets to events, such as the Skins Game. (Hint:...
The following selected data are taken from the comparative financial statements of Sunland Curling Club. The club prepares its financial statements using the accrual basis of accounting. September 30 2022 2021 Accounts receivable for member dues $17,800 $12,300 Unearned sales revenue 19,200 27,800 Service revenue (from member dues) 144,000 136,900 Dues are billed to members based upon their use of the club's facilities. Unearned sales revenues arise from the sale of tickets to events, such as the Skins Game. (Hint:...
i almost finished all of it i just want to know if it is
rigth, and also help in what I havent done
AutoSave O 2 B F Project 1 Basic Excel Wilhelm $20 2.1... Saved File Home Insert Draw Page Layout Formulas Data Review View Help Calibri === 11 AA Paste ABTUEA Clipboard Font General $ % 8 % Alignment s Number 146 1 P4-1A Record transactions on accrual basis, convert revenue to cash receipts 2. The following selected...
NEXT FULL SCREEN PRINTER VERSION BACK The following data are taken from the comparative balance sheets of Bundies Billiards Club, which prepares its financial statements using the accrual basis of accounting. December 31 2017 2016 8,000 24,200 $13,800 Accounts receivable from members Unearned service revenue 6,300 Members are billed based upon their use of the club's facilities. Unearned service revenues arise from the sale of gift certificates, which members can apply to their future use of club facilities. The 2017...
The following data are taken from the comparative balance sheets of Cascade Billiards Club, which prepares its financial statements using the accrual basis of accounting. December 31 2015 2014 Accounts receivable from members $14,206 $ 8,523 Unearned service revenue 16,751 24,010 Members are billed based upon their use of the club’s facilities. Unearned service revenues arise from the sale of gift certificates, which members can apply to their future use of club facilities. The 2015 income statement for the club...