Homework Answers
| Solution | |||||
| Cash 111 | |||||
| Dr | Cr | ||||
| a | Capital A/c | $40,000.00 | |||
| d | Withdrawals | $140.00 | |||
| c | Consulting fee | $900.00 | |||
| e | Advertising | $200.00 | |||
| g | Accounts payable | $800.00 | |||
| Brian Palu, Capital 311 | |||||
| Dr | Cr | ||||
| a | Cash A/c | $40,000.00 | |||
| Office Equipment 121 | |||||
| Dr | Cr | ||||
| b | Cash A/c | $6,000.00 | |||
| Consulting fee earned 411 | |||||
| Dr | Cr | ||||
| c | Cash A/c | $900.00 | |||
| Brian Palu, withdrawals 312 | |||||
| Dr | Cr | ||||
| d | Cash | $140.00 | |||
| Advertising Exense 511 | |||||
| Dr | Cr | ||||
| e | Cash | $200.00 | |||
| Rent Expense 512 | |||||
| Dr | Cr | ||||
| f | Accounts Payable | $1,100.00 | |||
| Accounts Payable 211 | |||||
| Dr | Cr | ||||
| b | Office Equipment | $6,000.00 | |||
| f | Rent | $1,100.00 | |||
| g | Cash | $800.00 | |||
Add Answer to:
As Brian's accountant, analyze and record the transactions in Taccount form. Label each entry with the...
Please fill in this format. No need explanation (I just want to check my answer) a....
Please fill in this format. No need
explanation (I just want to check my answer)
a. b. c. d. Bob invested $60,000 in the consulting agency. Bought office equipment on account, $2,500. Agency received cash for consulting work that it completed for a client, $2,400. Bob paid a personal bill from the company checkbook, $50. Paid advertising expense for the month, $350. Rent expense for the month due but unpaid, $500. Paid $800 as partial payment of what was owed...
CHAPTER 3 Beginning the Accounting Cycle 97 Set B 3B- Jarad Stone operates Jarad's Cleaning Service....
CHAPTER 3 Beginning the Accounting Cycle 97 Set B 3B- Jarad Stone operates Jarad's Cleaning Service. As the bookkeeper, you have L01 (30 min) been requested to journalize the following transactions: 201X Check Figur May 21 May Paid 2 months rent in advance, $12,000 6 Purchased cleaning equipment from Emery's Supply House for $6,000 on account. Dr. Advertising expense $300 12 Purchased cleaning supplies from Littleton's Wholesale for $1,000 cash. 14 Received $1,900 cash from cleaning fees earned. 20 Jarad...
As the bookkeeper of Phil's Plowing, you have been asked to complete the entire accounting cycle...
As the bookkeeper of Phil's Plowing, you have been asked to complete the entire accounting cycle for Phil from the following information. 201X Mar. Phil invested $11,000 cash and $6,000 worth of snow equipment into the plowing 1 сompany. Paid 3 months' rent in advance for garage space, $1,200. 1. Purchased office equipment from Lite Corp. for $10,800 on account. 6 Purchased snow supplies for $1,100 cash. Collected $10,000 from plowing local shopping centers. 8 Phil Mack withdrew $6,000 from...
(45 min) L01,2,3 The following transactions occurred in November 201X for A. Hopper's Placement Agency: 3B-3....
(45 min) L01,2,3 The following transactions occurred in November 201X for A. Hopper's Placement Agency: 3B-3. 201X Nov. 1 A. Hopper invested $15,000 cash in the placement agency. 1 Bought equipment from Tiger Co. for $2,100 on account. 3 Earned placement fees of $3,300, but payment will not be received until December. 5 A. Hopper withdrew $1,000 for personal use. 7 Paid wages expense, $400. 9 Placed a client on a local TV show, receiving $14,000 cash. Check Figure: Total...
1) Foot and determine the ending T account balances 2) Prepare a trial balance for DEC...
1) Foot and determine the ending T account balances
2) Prepare a trial balance for DEC 31, 201X
No need explanation.(just want to check my answer)
Cleaning Fees Earned 411 Cash 111 7,000 (D) 1,000 (E) Accounts Payable 211 (D) 700 (C) 1,200 (B) (A) (G) 12,000 700 300 550 250 Bal Bal D Bal Bal WE EE 1,000 Bal Bal D Accounts Receivable 112 12,000 (G) Brett Jane, Capital 311 Rent Expense 511 550 (B) 1,000 (A) 7,000 (F)...
3A-2. On September 1, 201X, Brittney Slater opened Brittney's Art Studio. The L01,2,3 4 following transactions...
3A-2. On September 1, 201X, Brittney Slater opened Brittney's Art Studio. The L01,2,3 4 following transactions occurred in September: S50/QB 201X Sept. 1 Brittney Slater invested $20,000 in the art studio. 1 Paid 10 months rent in advance, $2,100 3 Purchased $2,100 of equipment from Ushem Co. on account. 5 Received $7,000 cash for art-training workshop for teachers. 8 Purchased art supplies for $250 cash. 9 Billed Simon Co. $2,000 for group art lesson for its employees. Check Figure: Trial...
3A-2. On September 1, 201X, Brittney Slater opened Brittney's Art Studio. The L01,2,3 4 following transactions...
3A-2. On September 1, 201X, Brittney Slater opened Brittney's Art Studio. The L01,2,3 4 following transactions occurred in September: S50/QB 201X Sept. 1 Brittney Slater invested $20,000 in the art studio. 1 Paid 10 months rent in advance, $2,100 3 Purchased $2,100 of equipment from Ushem Co. on account. 5 Received $7,000 cash for art-training workshop for teachers. 8 Purchased art supplies for $250 cash. 9 Billed Simon Co. $2,000 for group art lesson for its employees. Check Figure: Trial...
3A-2. On September 1, 201X, Brittney Slater opened Brittney's Art Studio. The L01,2,3 4 following transactions...
3A-2. On September 1, 201X, Brittney Slater opened Brittney's Art Studio. The L01,2,3 4 following transactions occurred in September: S50/QB 201X Sept. 1 Brittney Slater invested $20,000 in the art studio. 1 Paid 10 months rent in advance, $2,100 3 Purchased $2,100 of equipment from Ushem Co. on account. 5 Received $7,000 cash for art-training workshop for teachers. 8 Purchased art supplies for $250 cash. 9 Billed Simon Co. $2,000 for group art lesson for its employees. Check Figure: Trial...
Expense, 314. 38-2. On November 1, 201X, Barbie Riley opened Barbie's Art Studio. The follow ing...
Expense, 314. 38-2. On November 1, 201X, Barbie Riley opened Barbie's Art Studio. The follow ing transactions occurred in November. .O L01, 2, 3 (45 MIN) PT/QB 201X Nov. 1 Barbie Riley invested $8,000 in the art studio. 1 Paid ten months' rent in advance, $2,800. 3 Purchased $1,200 of equipment from Omni Co. on account. 5 Received $900 cash for art training workshop for teachers. 8 Purchased $450 of art supplies for cash. 9 Billed Howie Co. $2,500 for...
During August, Hill Sales Company had these summary transactions: 1. Cash sales of $220,000, subject to...
During August, Hill Sales Company had these summary transactions: 1. Cash sales of $220,000, subject to sales taxes of 6%. 2. Sales on account of $270,000, subject to sales taxes of 6%. 3. Paid the sales taxes to the state. Required: Prepare journal entries to record the preceding transactions. CHART OF ACCOUNTS Hill Sales Company General Ledger ASSETS REVENUE 111 Cash 411 Sales 121 Accounts Receivable 141 Inventory EXPENSES 152 Prepaid Insurance 500 Cost of Goods Sold 181 Equipment 511...
Please fill in this format. No need
explanation (I just want to check my answer)
a. b. c. d. Bob invested $60,000 in the consulting agency. Bought office equipment on account, $2,500. Agency received cash for consulting work that it completed for a client, $2,400. Bob paid a personal bill from the company checkbook, $50. Paid advertising expense for the month, $350. Rent expense for the month due but unpaid, $500. Paid $800 as partial payment of what was owed...
CHAPTER 3 Beginning the Accounting Cycle 97 Set B 3B- Jarad Stone operates Jarad's Cleaning Service. As the bookkeeper, you have L01 (30 min) been requested to journalize the following transactions: 201X Check Figur May 21 May Paid 2 months rent in advance, $12,000 6 Purchased cleaning equipment from Emery's Supply House for $6,000 on account. Dr. Advertising expense $300 12 Purchased cleaning supplies from Littleton's Wholesale for $1,000 cash. 14 Received $1,900 cash from cleaning fees earned. 20 Jarad...
As the bookkeeper of Phil's Plowing, you have been asked to complete the entire accounting cycle for Phil from the following information. 201X Mar. Phil invested $11,000 cash and $6,000 worth of snow equipment into the plowing 1 сompany. Paid 3 months' rent in advance for garage space, $1,200. 1. Purchased office equipment from Lite Corp. for $10,800 on account. 6 Purchased snow supplies for $1,100 cash. Collected $10,000 from plowing local shopping centers. 8 Phil Mack withdrew $6,000 from...
(45 min) L01,2,3 The following transactions occurred in November 201X for A. Hopper's Placement Agency: 3B-3. 201X Nov. 1 A. Hopper invested $15,000 cash in the placement agency. 1 Bought equipment from Tiger Co. for $2,100 on account. 3 Earned placement fees of $3,300, but payment will not be received until December. 5 A. Hopper withdrew $1,000 for personal use. 7 Paid wages expense, $400. 9 Placed a client on a local TV show, receiving $14,000 cash. Check Figure: Total...
1) Foot and determine the ending T account balances
2) Prepare a trial balance for DEC 31, 201X
No need explanation.(just want to check my answer)
Cleaning Fees Earned 411 Cash 111 7,000 (D) 1,000 (E) Accounts Payable 211 (D) 700 (C) 1,200 (B) (A) (G) 12,000 700 300 550 250 Bal Bal D Bal Bal WE EE 1,000 Bal Bal D Accounts Receivable 112 12,000 (G) Brett Jane, Capital 311 Rent Expense 511 550 (B) 1,000 (A) 7,000 (F)...
3A-2. On September 1, 201X, Brittney Slater opened Brittney's Art Studio. The L01,2,3 4 following transactions occurred in September: S50/QB 201X Sept. 1 Brittney Slater invested $20,000 in the art studio. 1 Paid 10 months rent in advance, $2,100 3 Purchased $2,100 of equipment from Ushem Co. on account. 5 Received $7,000 cash for art-training workshop for teachers. 8 Purchased art supplies for $250 cash. 9 Billed Simon Co. $2,000 for group art lesson for its employees. Check Figure: Trial...
3A-2. On September 1, 201X, Brittney Slater opened Brittney's Art Studio. The L01,2,3 4 following transactions occurred in September: S50/QB 201X Sept. 1 Brittney Slater invested $20,000 in the art studio. 1 Paid 10 months rent in advance, $2,100 3 Purchased $2,100 of equipment from Ushem Co. on account. 5 Received $7,000 cash for art-training workshop for teachers. 8 Purchased art supplies for $250 cash. 9 Billed Simon Co. $2,000 for group art lesson for its employees. Check Figure: Trial...
3A-2. On September 1, 201X, Brittney Slater opened Brittney's Art Studio. The L01,2,3 4 following transactions occurred in September: S50/QB 201X Sept. 1 Brittney Slater invested $20,000 in the art studio. 1 Paid 10 months rent in advance, $2,100 3 Purchased $2,100 of equipment from Ushem Co. on account. 5 Received $7,000 cash for art-training workshop for teachers. 8 Purchased art supplies for $250 cash. 9 Billed Simon Co. $2,000 for group art lesson for its employees. Check Figure: Trial...
Expense, 314. 38-2. On November 1, 201X, Barbie Riley opened Barbie's Art Studio. The follow ing transactions occurred in November. .O L01, 2, 3 (45 MIN) PT/QB 201X Nov. 1 Barbie Riley invested $8,000 in the art studio. 1 Paid ten months' rent in advance, $2,800. 3 Purchased $1,200 of equipment from Omni Co. on account. 5 Received $900 cash for art training workshop for teachers. 8 Purchased $450 of art supplies for cash. 9 Billed Howie Co. $2,500 for...
During August, Hill Sales Company had these summary transactions: 1. Cash sales of $220,000, subject to sales taxes of 6%. 2. Sales on account of $270,000, subject to sales taxes of 6%. 3. Paid the sales taxes to the state. Required: Prepare journal entries to record the preceding transactions. CHART OF ACCOUNTS Hill Sales Company General Ledger ASSETS REVENUE 111 Cash 411 Sales 121 Accounts Receivable 141 Inventory EXPENSES 152 Prepaid Insurance 500 Cost of Goods Sold 181 Equipment 511...
Most questions answered within 3 hours.
-
You are trying to convince your friend who wants to attend
medical school to take BY123...
asked 4 minutes ago -
Subject: C++
I have created a class called QueueOfIntegers in a file called
QueueOfIntegers.h, which is...
asked 4 minutes ago -
calculate the number of molecules of gas in a
container of 2.0 liter at 30 degrees...
asked 21 minutes ago -
1.which of the following is a phototroph?
a. sulfolobus
b. chloroflexus
c. bacteroidetes
d. deinococcus radioduran...
asked 17 minutes ago -
The group of companies LC "High-precision measuring instruments"
is the global provider of measurement, analysis and...
asked 23 minutes ago -
I want to write a python function to find the minimum
I have an nested list:...
asked 23 minutes ago -
Convert the high level language programming statementts to 80x86
assembly, Assume X=AX and y=BX
for (i=1;...
asked 32 minutes ago -
SoleMate’s Burkins sneakers cost $40 per pair from the supplier
and are sold by SoleMate at...
asked 36 minutes ago -
The movie Moneyball (based on the book by Michael
Lewis) tells the story of Billy Beane,...
asked 36 minutes ago -
A regional highway uses 8 tollbooths that are open to all
vehicles. A chi-square goodness-of-fit test...
asked 39 minutes ago -
In her Semiannual Monetary Policy Report to Congress on July 13,
2017, then Federal Reserve Chair...
asked 38 minutes ago -
Suppose N packets are sent,
and each packet arrives at rate of L/2R to a link....
asked 57 minutes ago