Accounting
On December 31, 2021 fighting okra cooking service reports the following revenues and expenses: Service Revenue 74,000 Postage expense 1400, legal fees 2400, rent Expense 16600, salaries expense 22,000, supplies expense 16000. in addition the balance of common stock at the beginning of the year was 165,000 and the balance of retained earnings was 32000. During the. Year the company issued additional shares of common stock for $26,000 and paid dividends of 16000 prepare an income statement and a statement of stockholders equity
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On December 31, Fighting Okra Cooking Services reports the following revenues and expenses. Service revenue Postage...
On December 31, Fighting Okra Cooking Services reports the following revenues and expenses. Service revenue Postage expense Legal fees expense Rent expense Salaries expense Supplies expense $ 71,000 1,100 2,100 10,000 19,000 10,000 In addition, the balance of common stock at the beginning of the year was $150,000, and the balance of retained earnings was $26,000. During the year, the company issued additional sharestof common stock for $20,000 and paid dividends of $10,000, Required: 1. Prepare an income statement FIGHTING...
On December 31, Fighting Okra Cooking Services reports the following revenues and expenses. On December 31,...
On December 31, Fighting Okra Cooking Services reports the
following revenues and expenses.
On December 31, Fighting Okra Cooking Services reports the following revenues and expenses. $ Service revenue Postage expense Legal fees expense Rent expense Salaries expense Supplies expense 85,000 2,000 2,900 11,600 34,000 19,500 In addition, the balance of common stock at the beginning of the year was $700,000, and the balance of retained earnings was $52,000. During the year, the company issued additional shares of common stock...
Saved Help Save & E Chec On December 31, 2021, Fighting Okra Cooking Services reports the...
Saved Help Save & E Chec On December 31, 2021, Fighting Okra Cooking Services reports the following revenues and expenses. Service revenue Postage expense Legal fees expense points $76,000 1,550 2,450 Rent expense Salaries expense Supplies expense 10,700 25,000 15,000 18 02:54:32 brir w In addition, the balance of common stock at the beginning of the year was $250,000, and the balance of retained earnings was $34,000. During the year, the company issued additional shares of common stock for $26,000...
On December 31, 2021, Fighting Okra Cooking Services reports the following revenues and expenses. Service revenue...
On December 31, 2021, Fighting Okra Cooking Services reports the following revenues and expenses. Service revenue Postage expense Legal fees expense $82,000 1,850 2,750 Rent expense Salaries expense Supplies expense 11,300 31,000 18,000 In addition, the balance of common stock at the beginning of the year was $550,000, and the balance of retained earnings was $46,000. During the year, the company issued additional shares of common stock for $32,000 and paid dividends of $24,000. Required: 1. Prepare an income statement....
On December 31, 2021, Fighting Okra Cooking Services reports the following revenues and expenses. Service revenue...
On December 31, 2021, Fighting Okra Cooking Services reports the following revenues and expenses. Service revenue Postage expense Legal fees expense $89,000 2,200 3,100 12,000 38,000 21,500 Rent expense Salaries expense Supplies expense In addition, the balance of common stock at the beginning of the year was $900,000, and the balance of retained earnings was $60,000. During the year, the company issued additional shares of common stock for $39,000 and paid dividends of $38,000. Required: 1. Prepare an income statement....
On December 31, 2021. Fighting Okra Cooking Services reports the following revenues and expenses $ 714...
On December 31, 2021. Fighting Okra Cooking Services reports the following revenues and expenses $ 714 Doncs $75,000 1. CO 2.400 Service Tevenue Portare expense Legal fest expense Rent expense Salute expense Supplies expense 10.000 26.000 14.500 In addition, the balance of common stock at the beginning of the year was $200,000, and the balance of retained earnings was $32,000. During the year, the company issued additional shares of common stock for $25.000 and paid dividends of $10,000 Required: erences...
On 31, F+ tpx Exercise 1-10 Link the income statement to the statement of stockholders' equity...
On 31, F+ tpx Exercise 1-10 Link the income statement to the statement of stockholders' equity (L013) On December 31, Fighting Okra Cooking Services reports the following revenues and expenses. $ 78,000 1,650 2,550 10,900 Rent e Supplies expense 16,000 In add shares of common stock for $28,000 and paid dividends of $16,000. S 78,000 O Type here to search
Credits $ BOILERMAKER UNLIMITED Adjusted Trial Balance December 31, 2021 Accounts Debits Cash $ 15,300 Accounts...
Credits $ BOILERMAKER UNLIMITED Adjusted Trial Balance December 31, 2021 Accounts Debits Cash $ 15,300 Accounts Receivable 24,300 Supplies 31,300 Prepaid Insurance 6,300 Equipment 537,500 Accumulated Depreciation Accounts Payable Salaries Payable Utilities Payable Notes Payable (due in 5 years) Common Stock Retained Earnings Dividends 25,300 Service Revenue-new construction Service Revenue-remodeling Salaries Expense 153,000 Supplies Expense 278,000 Depreciation Expense 43,000 Insurance Expense 24,300 Utilities Expense 41,300 Interest Expense 7,800 Service Fee Expense 66,000 Totals $1,253,400 172,000 30,300 27. 309 4.300 130,000...
Boilermaker Unlimited specializes in building new homes and remodeling existing homes, Remodeling projects include adding game...
Boilermaker Unlimited specializes in building new homes and remodeling existing homes, Remodeling projects include adding game rooms, changing kitchen cabinets and countertops, and updating bathrooms. Below is the year-end adjusted trial balance of Boilermaker Unlimited. $ BOILERMAKER UNLIMITED Adjusted Trial Balance December 31, 2021 Accounts Debits Cash 14,000 Accounts Receivable 26,000 Supplies 33,000 Prepaid Insurance 5,000 Equipment 375,000 Accumulated Depreciation Accounts Payable Salaries Payable Utilities Payable Notes Payable (due in 5 years) Common Stock Retained Earnings Dividends 24,000 Service Revenue-new...
The December 31, 2021, adjusted trial balance for Fightin' Blue Hens Corporation is presented below. ...
The December 31, 2021, adjusted trial balance for Fightin' Blue
Hens Corporation is presented below.
Accounts
Debit
Credit
Cash
$
10,600
Accounts Receivable
136,000
Prepaid Rent
4,600
Supplies
23,000
Equipment
260,000
Accumulated Depreciation
$
121,000
Accounts Payable
10,600
Salaries Payable
9,600
Interest Payable
3,600
Notes Payable (due in two years)
26,000
Common Stock
160,000
Retained Earnings
46,000
Service Revenue
360,000
Salaries Expense
260,000
Rent Expense
13,000
Depreciation Expense
26,000
Interest Expense
3,600
Totals
$
736,800
$
736,800
Prepare a...
On December 31, Fighting Okra Cooking Services reports the following revenues and expenses. Service revenue Postage expense Legal fees expense Rent expense Salaries expense Supplies expense $ 71,000 1,100 2,100 10,000 19,000 10,000 In addition, the balance of common stock at the beginning of the year was $150,000, and the balance of retained earnings was $26,000. During the year, the company issued additional sharestof common stock for $20,000 and paid dividends of $10,000, Required: 1. Prepare an income statement FIGHTING...
On December 31, Fighting Okra Cooking Services reports the
following revenues and expenses.
On December 31, Fighting Okra Cooking Services reports the following revenues and expenses. $ Service revenue Postage expense Legal fees expense Rent expense Salaries expense Supplies expense 85,000 2,000 2,900 11,600 34,000 19,500 In addition, the balance of common stock at the beginning of the year was $700,000, and the balance of retained earnings was $52,000. During the year, the company issued additional shares of common stock...
Saved Help Save & E Chec On December 31, 2021, Fighting Okra Cooking Services reports the following revenues and expenses. Service revenue Postage expense Legal fees expense points $76,000 1,550 2,450 Rent expense Salaries expense Supplies expense 10,700 25,000 15,000 18 02:54:32 brir w In addition, the balance of common stock at the beginning of the year was $250,000, and the balance of retained earnings was $34,000. During the year, the company issued additional shares of common stock for $26,000...
On December 31, 2021, Fighting Okra Cooking Services reports the following revenues and expenses. Service revenue Postage expense Legal fees expense $82,000 1,850 2,750 Rent expense Salaries expense Supplies expense 11,300 31,000 18,000 In addition, the balance of common stock at the beginning of the year was $550,000, and the balance of retained earnings was $46,000. During the year, the company issued additional shares of common stock for $32,000 and paid dividends of $24,000. Required: 1. Prepare an income statement....
On December 31, 2021, Fighting Okra Cooking Services reports the following revenues and expenses. Service revenue Postage expense Legal fees expense $89,000 2,200 3,100 12,000 38,000 21,500 Rent expense Salaries expense Supplies expense In addition, the balance of common stock at the beginning of the year was $900,000, and the balance of retained earnings was $60,000. During the year, the company issued additional shares of common stock for $39,000 and paid dividends of $38,000. Required: 1. Prepare an income statement....
On December 31, 2021. Fighting Okra Cooking Services reports the following revenues and expenses $ 714 Doncs $75,000 1. CO 2.400 Service Tevenue Portare expense Legal fest expense Rent expense Salute expense Supplies expense 10.000 26.000 14.500 In addition, the balance of common stock at the beginning of the year was $200,000, and the balance of retained earnings was $32,000. During the year, the company issued additional shares of common stock for $25.000 and paid dividends of $10,000 Required: erences...
On 31, F+ tpx Exercise 1-10 Link the income statement to the statement of stockholders' equity (L013) On December 31, Fighting Okra Cooking Services reports the following revenues and expenses. $ 78,000 1,650 2,550 10,900 Rent e Supplies expense 16,000 In add shares of common stock for $28,000 and paid dividends of $16,000. S 78,000 O Type here to search
Credits $ BOILERMAKER UNLIMITED Adjusted Trial Balance December 31, 2021 Accounts Debits Cash $ 15,300 Accounts Receivable 24,300 Supplies 31,300 Prepaid Insurance 6,300 Equipment 537,500 Accumulated Depreciation Accounts Payable Salaries Payable Utilities Payable Notes Payable (due in 5 years) Common Stock Retained Earnings Dividends 25,300 Service Revenue-new construction Service Revenue-remodeling Salaries Expense 153,000 Supplies Expense 278,000 Depreciation Expense 43,000 Insurance Expense 24,300 Utilities Expense 41,300 Interest Expense 7,800 Service Fee Expense 66,000 Totals $1,253,400 172,000 30,300 27. 309 4.300 130,000...
Boilermaker Unlimited specializes in building new homes and remodeling existing homes, Remodeling projects include adding game rooms, changing kitchen cabinets and countertops, and updating bathrooms. Below is the year-end adjusted trial balance of Boilermaker Unlimited. $ BOILERMAKER UNLIMITED Adjusted Trial Balance December 31, 2021 Accounts Debits Cash 14,000 Accounts Receivable 26,000 Supplies 33,000 Prepaid Insurance 5,000 Equipment 375,000 Accumulated Depreciation Accounts Payable Salaries Payable Utilities Payable Notes Payable (due in 5 years) Common Stock Retained Earnings Dividends 24,000 Service Revenue-new...
The December 31, 2021, adjusted trial balance for Fightin' Blue
Hens Corporation is presented below.
Accounts
Debit
Credit
Cash
$
10,600
Accounts Receivable
136,000
Prepaid Rent
4,600
Supplies
23,000
Equipment
260,000
Accumulated Depreciation
$
121,000
Accounts Payable
10,600
Salaries Payable
9,600
Interest Payable
3,600
Notes Payable (due in two years)
26,000
Common Stock
160,000
Retained Earnings
46,000
Service Revenue
360,000
Salaries Expense
260,000
Rent Expense
13,000
Depreciation Expense
26,000
Interest Expense
3,600
Totals
$
736,800
$
736,800
Prepare a...
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