FIX THE RED BOXESHomework Answers
| Balance Sheet | |||
| December 31,2022 | |||
| Assets | |||
| Current Assets | |||
| Cash | 5000 | ||
| Accounts Receivable | 10800 | ||
| Supplies | 1800 | ||
| Inventory | 1800 | ||
| Total Current Assets | 19400 | ||
| Property Plant and Equipment | |||
| Equipment | 27400 | ||
| Less: Accumulation Depreciation - Equipment | 5200 | 22200 | |
| Total Assets | 41600 | ||
| Liabilities and Shareholder's Equity | |||
| Current Liabilities | |||
| Accounts Payable | 6300 | ||
| Salaries and Wages payable | 2600 | ||
| Interest payable | 500 | ||
| Notes payable | 4900 | ||
| Total Current Liabilities | 14300 | ||
| Long Term Liabilities | |||
| Notes Payable | 9800 | =14700-4900 | |
| Total Liabilities | 24100 | ||
| Shareholder's Equity | |||
| Common Stock | 12600 | ||
| Retained Earnings | 4900 | ||
| Total Shareholder's Equity | 17500 | ||
| Total Liabilities and Shareholder's Equity | 41600 | ||
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FIX THE RED BOXES
Account No. 101 112 126 130 157 158 200 201 Monty Company...
FIX THE RED BOXES Monty Company Worksheet For the Year Ended December 31, 2022 Adjusted Trial...
FIX THE RED BOXES
Monty Company Worksheet For the Year Ended December 31, 2022 Adjusted Trial Balance Account No. Account Titles Dr. Cr. 101 Cash 112 Accounts Receivable 5,000 10,800 1,800 126 130 1,800 157 27,400 158 200 201 5,200 14,700 6,300 2,600 500 212 230 311 Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Notes Payable Accounts Payable Salaries and Wages Payable Interest Payable Common Stock Retained Earnings Dividends Service Revenue Advertising Expense Supplies Expense Depreciation Expense Insurance Expense Salaries and...
FIX THE BOXES IN RED Heidi Jara opened Whispering Winds's Cleaning Service on July 1, 2022....
FIX THE BOXES IN RED
Heidi Jara opened Whispering Winds's Cleaning Service on July 1, 2022. During July, the following transactions were completed. July 1 1 3 5 12 18 Stockholders invested $20,000 cash in the business in exchange for common stock. Purchased used truck for $8,800, paying $4,100 cash and the balance on account. Purchased cleaning supplies for $2,300 on account. Paid $1,800 cash on a 1-year insurance policy effective July 1. Billed customers $4,600 for cleaning services. Paid...
The adjusted trial balance columns of the worksheet for Monty Company are as follows. Monty Company...
The adjusted trial balance columns of the worksheet for Monty Company are as follows. Monty Company Worksheet (Partial) For the Month Ended April 30, 2022 Adjusted Trial Balance Account Titles Dr. Cr. Cash 10,000 Accounts Receivable 7,980 Prepaid Rent 60 Equipment 22,800 Accumulated Depreciation-Equip. 4,500 Notes Payable 5,800 Accounts Payable 5,000 Common Stock 20,310 Retained Earnings 7,150 Dividends 3,750 Service Revenue 16,000 Salaries and Wages Expense 10,520 Rent Expense 900 Depreciation Expense 650 Interest Expense 90 Interest Payable 90 Totals...
Fix the boxes in Red. The Oriole Company opened for business on May 1, 2022. Its...
Fix the boxes in Red.
The Oriole Company opened for business on May 1, 2022. Its trial balance before adjustment on May 31 is as follows. Oriole Company Trial Balance May 31, 2022 Account Number Debit Credit 101 Cash 126 $ 4,060 2,420 2,784 13,920 130 140 141 69,600 16,320 149 200 $ 46,400 201 Supplies Prepaid Insurance Land Buildings Equipment Notes Payable Accounts Payable Unearned Rent Revenue Common Stock Rent Revenue Advertising Expense Salaries and Wages Expense Utilities Expense...
what is the notes payable? isnt it 14,500 Jobs: One Last Thing by Joe Steve Jobs...
what is the notes payable? isnt it 14,500
Jobs: One Last Thing by Joe Steve Jobs - One Last Thing <> D Topic: D4 - Group B Current Attempt in Progress The adjusted trial balance columns of the worksheet for Blue Spruce Company are as follows. Dr. Account No. 101 112 126 130 157 158 200 201 Blue Spruce Company Worksheet For the Year Ended December 31, 2019 Adjusted Trial Balance 38 Cr. Account Titles Cash 5,200 Accounts Receivable 10,600...
CULLUMBER COMPANY Balance Sheet December 31, 2022 Assets Current Assets Cash $ Accounts Receivable Total Current...
CULLUMBER COMPANY Balance Sheet December 31, 2022 Assets Current Assets Cash $ Accounts Receivable Total Current Assets $ $ Long-Term Investments Intangible Assets V: Total Assets Liabilities and Stockholders' Equity Current Liabilities $ Total Liabilities Stockholders' Equity Total Stockholders' Equity Total Liabilities and Stockholders' Equity $ These items are taken from the financial statements of Cullumber Company for 2022. Retained earnings (beginning of year) Utilities expense Equipment Accounts payable Cash Salaries and wages payable Common stock Dividends Supplies Debt investment...
Fix the numbers in the red boxes. Monty started her own consulting firm, Monty Corp., on...
Fix the numbers in the red boxes.
Monty started her own consulting firm, Monty Corp., on May 1, 2022. The unadjusted trial balance at May 31 is as follows. Monty Corp. Trial Balance May 31, 2022 Debit Credit Account Number 101 $ 5,850 7,800 112 126 2.470 130 4,680 15,120 149 201 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Payable Unearned Service Revenue Common Stock Service Revenue Salaries and Wages Expense Rent Expense $ 2,860 209 2,600 26,300 311...
These items are taken from the financial statements of Cullumber Company for 2022. Retained earnings (beginning...
These items are taken from the financial statements of Cullumber Company for 2022. Retained earnings (beginning of year) Utilities expense Equipment Accounts payable Cash Salaries and wages payable Common stock Dividends Supplies Debt investment (long-term) Trademarks Service revenue Prepaid insurance Maintenance and repairs expense Depreciation expense Accounts receivable Insurance expense Salaries and wages expense Accumulated depreciation-equipment $32,850 2,180 65,300 17,650 14,980 5,600 22,400 12,000 3,400 5,200 1,800 72,680 6,130 1,600 3,200 13,600 2,600 41,670 22,480 CULLUMBER COMPANY Income Statement For...
Fix all the Terms and Numbers boxed in Red. The Oriole Company opened for business on...
Fix all the Terms and Numbers boxed in Red.
The Oriole Company opened for business on May 1, 2022. Its trial balance before adjustment on May 31 is as follows. Oriole Company Trial Balance May 31, 2022 Debit Credit Account Number 101 126 $ 4,060 2,420 2.784 130 140 13,920 69,600 141 149 16,320 200 201 Cash Supplies Prepaid Insurance Land Buildings Equipment Notes Payable Accounts Payable Unearned Rent Revenue Common Stock Rent Revenue Advertising Expense Salaries and Wages Expense...
Your answer is partially correct. The following items were taken from the financial statements of Concord...
Your answer is partially correct. The following items were taken from the financial statements of Concord Company. (All amounts are in thousands.) $5,600 1,900 500 Long-term debt Prepaid insurance Equipment Stock investments (long-term) Debt investments (short-term) Notes payable (due in 2023) Cash $900 850 11,400 400 3,800 500 2,900 Accumulated depreciation-equipment Accounts payable Notes payable (due after 2023) Common stock Retained earnings Accounts receivable Inventory 9,750 3,600 2,100 1,300 Prepare a classified balance sheet in good form as of December...
FIX THE RED BOXES
Monty Company Worksheet For the Year Ended December 31, 2022 Adjusted Trial Balance Account No. Account Titles Dr. Cr. 101 Cash 112 Accounts Receivable 5,000 10,800 1,800 126 130 1,800 157 27,400 158 200 201 5,200 14,700 6,300 2,600 500 212 230 311 Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Notes Payable Accounts Payable Salaries and Wages Payable Interest Payable Common Stock Retained Earnings Dividends Service Revenue Advertising Expense Supplies Expense Depreciation Expense Insurance Expense Salaries and...
FIX THE BOXES IN RED
Heidi Jara opened Whispering Winds's Cleaning Service on July 1, 2022. During July, the following transactions were completed. July 1 1 3 5 12 18 Stockholders invested $20,000 cash in the business in exchange for common stock. Purchased used truck for $8,800, paying $4,100 cash and the balance on account. Purchased cleaning supplies for $2,300 on account. Paid $1,800 cash on a 1-year insurance policy effective July 1. Billed customers $4,600 for cleaning services. Paid...
The adjusted trial balance columns of the worksheet for Monty Company are as follows. Monty Company Worksheet (Partial) For the Month Ended April 30, 2022 Adjusted Trial Balance Account Titles Dr. Cr. Cash 10,000 Accounts Receivable 7,980 Prepaid Rent 60 Equipment 22,800 Accumulated Depreciation-Equip. 4,500 Notes Payable 5,800 Accounts Payable 5,000 Common Stock 20,310 Retained Earnings 7,150 Dividends 3,750 Service Revenue 16,000 Salaries and Wages Expense 10,520 Rent Expense 900 Depreciation Expense 650 Interest Expense 90 Interest Payable 90 Totals...
Fix the boxes in Red.
The Oriole Company opened for business on May 1, 2022. Its trial balance before adjustment on May 31 is as follows. Oriole Company Trial Balance May 31, 2022 Account Number Debit Credit 101 Cash 126 $ 4,060 2,420 2,784 13,920 130 140 141 69,600 16,320 149 200 $ 46,400 201 Supplies Prepaid Insurance Land Buildings Equipment Notes Payable Accounts Payable Unearned Rent Revenue Common Stock Rent Revenue Advertising Expense Salaries and Wages Expense Utilities Expense...
what is the notes payable? isnt it 14,500
Jobs: One Last Thing by Joe Steve Jobs - One Last Thing <> D Topic: D4 - Group B Current Attempt in Progress The adjusted trial balance columns of the worksheet for Blue Spruce Company are as follows. Dr. Account No. 101 112 126 130 157 158 200 201 Blue Spruce Company Worksheet For the Year Ended December 31, 2019 Adjusted Trial Balance 38 Cr. Account Titles Cash 5,200 Accounts Receivable 10,600...
CULLUMBER COMPANY Balance Sheet December 31, 2022 Assets Current Assets Cash $ Accounts Receivable Total Current Assets $ $ Long-Term Investments Intangible Assets V: Total Assets Liabilities and Stockholders' Equity Current Liabilities $ Total Liabilities Stockholders' Equity Total Stockholders' Equity Total Liabilities and Stockholders' Equity $ These items are taken from the financial statements of Cullumber Company for 2022. Retained earnings (beginning of year) Utilities expense Equipment Accounts payable Cash Salaries and wages payable Common stock Dividends Supplies Debt investment...
Fix the numbers in the red boxes.
Monty started her own consulting firm, Monty Corp., on May 1, 2022. The unadjusted trial balance at May 31 is as follows. Monty Corp. Trial Balance May 31, 2022 Debit Credit Account Number 101 $ 5,850 7,800 112 126 2.470 130 4,680 15,120 149 201 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Payable Unearned Service Revenue Common Stock Service Revenue Salaries and Wages Expense Rent Expense $ 2,860 209 2,600 26,300 311...
These items are taken from the financial statements of Cullumber Company for 2022. Retained earnings (beginning of year) Utilities expense Equipment Accounts payable Cash Salaries and wages payable Common stock Dividends Supplies Debt investment (long-term) Trademarks Service revenue Prepaid insurance Maintenance and repairs expense Depreciation expense Accounts receivable Insurance expense Salaries and wages expense Accumulated depreciation-equipment $32,850 2,180 65,300 17,650 14,980 5,600 22,400 12,000 3,400 5,200 1,800 72,680 6,130 1,600 3,200 13,600 2,600 41,670 22,480 CULLUMBER COMPANY Income Statement For...
Fix all the Terms and Numbers boxed in Red.
The Oriole Company opened for business on May 1, 2022. Its trial balance before adjustment on May 31 is as follows. Oriole Company Trial Balance May 31, 2022 Debit Credit Account Number 101 126 $ 4,060 2,420 2.784 130 140 13,920 69,600 141 149 16,320 200 201 Cash Supplies Prepaid Insurance Land Buildings Equipment Notes Payable Accounts Payable Unearned Rent Revenue Common Stock Rent Revenue Advertising Expense Salaries and Wages Expense...
Your answer is partially correct. The following items were taken from the financial statements of Concord Company. (All amounts are in thousands.) $5,600 1,900 500 Long-term debt Prepaid insurance Equipment Stock investments (long-term) Debt investments (short-term) Notes payable (due in 2023) Cash $900 850 11,400 400 3,800 500 2,900 Accumulated depreciation-equipment Accounts payable Notes payable (due after 2023) Common stock Retained earnings Accounts receivable Inventory 9,750 3,600 2,100 1,300 Prepare a classified balance sheet in good form as of December...
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