Homework Answers
Pharoah Company
Income Summary
for the month ended April 30, 2020
| Particulars | Amount | Particulars | Amount |
| Salaries & Wages Expense | 10,700 | Service Revenue | 15,900 |
| Rent Expense | 700 | ||
| Depreciation Expense | 620 | ||
| Interest Expense | 30 | ||
| Retained Earning | 3,850 | ||
| Total | 15,900 | Total | 15,900 |
Owner's Capital
For the month ended April 30, 2020
| Particulars | Amount |
| Owner's Capital as per trial Balance | 26,220 |
| Less: Owner's Drawings | 3,400 |
| 22820 | |
| Add: Retained Earning | 3,850 |
| Total Owner's Capital | 26,670 |
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PHAROAH COMPANY Worksheet (partial) For the Month Ended April 30, 2020 Adjusted Trial Balance Account Titles...
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IVANHOE COMPANY Worksheet (partial) For the Month Ended April 30, 2020 Adjusted Trial Balance Account Titles Dr. Cr. Cash 10,700 Accounts Receivable 8,200 Prepaid Rent 2,000 Equipment 22,800 Accumulated Depreciation-Equip. 5,200 Notes Payable 5,600 Accounts Payable 5,400 Owner's Capital 27,190 Owner's Drawings 3,400 Service Revenue 15,900 Salaries and Wages Expense 10,600 Rent Expense 900 Depreciation Expense 690 Interest Expense 60 Interest Payable 60 Totals 59,350 59,350 IVANHOE COMPANY Income Statement $ $ e Textbook and Media
The adjusted trial balance columns of the worksheet for Pharoah Company are as follows. Complete the...
The adjusted trial balance columns of the worksheet for Pharoah Company are as follows. Complete the worksheet PHAROAH COMPANY Worksheet (partial) For the Month Ended April 30, 2020 Income Statement Adjusted Trial Balance Balan Account Titles Dr. Cr. Dr. Cr. Dr. Cash 11,700 Accounts Receivable 7,300 Prepaid Rent 2.000 23,300 5,100 5,800 Equipment Accumulated Depreciation --Equipment Notes Payable Accounts Payable Owner's Capital Owner's Drawings 5.500 28,250 3,400 15,000 10,500 Drawings Service Revenue Salaries and Wages Expense Rent Expense Depreciation Expense...
The adjusted trial balance columns of the worksheet for Pharoah Company are as follows. (Part (Part...
The adjusted trial balance columns of the worksheet for Pharoah Company are as follows. (Part (Part a2-b ission) Study 2,000 PHAROAH COMPANY Worksheet (partial) For the Month Ended April 30, 2020 Adjusted Trial Balance Account Titles Dr. Cr. Cash 10,200 Accounts Receivable 7,100 Prepaid Rent Equipment 22,700 Accumulated Depreciation--Equip. 5,200 Notes Payable 5,700 Accounts Payable 4,900 Owner's Capital 26,740 Owner's Drawings 3,800 Service Revenue 15,200 Salaries and Wages Expense 10,500 Rent Expense Depreciation Expense Interest Expense Interest Payable Totals 57,830...
Worksheet (Partial) For the Month Ended April 30, 2022 Adjusted Trial Balance Account Titles Dr. Cr....
Worksheet (Partial) For the Month Ended April 30, 2022 Adjusted Trial Balance Account Titles Dr. Cr. Cash 11,500 Accounts Receivable 8,020 Prepaid Rent 2,000 Equipment 23,100 Accumulated Depreciation-Equip. 4,500 Notes Payable 5,500 Accounts Payable 5,000 Common Stock 21,870 Retained Earnings 7,700 Dividends 3,800 Service Revenue 16,000 Salaries and Wages Expense 10,800 Rent Expense 750 Depreciation Expense 600 Interest Expense 90 Interest Payable 90 Totals 60,660 60,660 Flounder Company Income Statement $ $ $
Complete the worksheet. SANDHILL COMPANY Worksheet (partial For the Month Ended April 30, 2020 Adjusted Trial...
Complete the worksheet. SANDHILL COMPANY Worksheet (partial For the Month Ended April 30, 2020 Adjusted Trial Balance Income Statement Balan Account Titles Dr. Cr Dr. CH Dr. Cash 11,600 Accounts Receivable 7.700 Prepaid Rent 2,200 23.100 Equipment Accumulated Depreciation --Equipment Notes Payable 5,000 5,700 A A $ 3 5 6 7 8 9 0 E R T Y 드 C Р D F G Н. J к с V B N. > M < command option Complete the worksheet. SANDHILL...
Exercise 4-03 a1-a3 The adjusted trial balance columns of the worksheet for Whispering Winds Company are...
Exercise 4-03 a1-a3 The adjusted trial balance columns of the worksheet for Whispering Winds Company are as follows. Whispering Winds Company Worksheet (Partial) For the Month Ended April 30, 2019 Adjusted Trial Balance Account Titles Dr. Cr. Cash 10,700 Accounts Receivable 7,200 Prepaid Rent 2,300 Equipment 22,700 Accumulated Depreciation—Equip. 4,700 Notes Payable 5,900 Accounts Payable 5,400 Common Stock 19,730 Retained Earnings 7,700 Dividends 3,500 Service Revenue 15,400 Salaries and Wages Expense 10,900 Rent Expense 900 Depreciation Expense 630 Interest Expense...
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SHERIDAN ROOFING Worksheet For the Month Ended March 1, 2020 Adjusted Trial Balance Account Titles 4.900 Accounts Receivable 2,800 1.930 Equipment 10, Accumulate Depreciation Equipe Accounts wat Unerred service Revenue One Cita 12.06 Onners Drawings 1.150 Salaries and Wapes Expense Unarmed Service Revenue Owner's Capital Owner's Drawings Service Revenue Salaries and Wages Expense 1,390 Supplies Expense Deprecation Expense Sales and Wapes Payable Net income Cythew Work for th SHERIDAN ROOFING Income Statement Cr Sheridan Roofing Worksheet For the Month Ended...
For the Month Ended April 30, 2019 Adjusted Trial Balance Account Titles Dr. Cr. Cash 10,000...
For the Month Ended April 30, 2019 Adjusted Trial Balance Account Titles Dr. Cr. Cash 10,000 Accounts Receivable 7,840 Prepaid Rent 2,280 Equipment 23,050 Accumulated Depreciation-Equip. 4,921 Notes Payable 5,700 Accounts Payable 4,920 Common Stock 20,000 Retained Earnings 7,960 Dividends 3,650 Service Revenue 15,590 Salaries and Wages Expense 10,840 Rent Expense 760 Depreciation Expense 671 Interest Expense 57 Interest Payable Totals 59,148 59,148 57 59,14859,148 Post the closing entries to Income Summary and Retained Earnings. (Post entries in the order...
For the Month Ended April 30, 2019 Adjusted Trial Balance Account Titles Dr. Cr. Cash 10,000...
For the Month Ended April 30, 2019 Adjusted Trial Balance Account Titles Dr. Cr. Cash 10,000 Accounts Receivable 7,840 Prepaid Rent 2,280 Equipment 23,050 Accumulated Depreciation-Equip. 4,921 Notes Payable 5,700 Accounts Payable 4,920 Common Stock 20,000 Retained Earnings 7,960 Dividends 3,650 Service Revenue 15,590 Salaries and Wages Expense 10,840 Rent Expense 760 Depreciation Expense 671 Interest Expense 57 Interest Payable Totals 59,148 59,148 57 59,14859,148 Prepare an retained earnings statement. (List items that increase retained earnings first.) De Sousa Company...
Exercise 4-03 al-a3 (Part Level Submission) The adjusted trial balance columns of the worksheet for Crane...
Exercise 4-03 al-a3 (Part Level Submission) The adjusted trial balance columns of the worksheet for Crane Company are as follows. The owner did not make any additional investments in the business in April. Cash CRANE COMPANY Worksheet (partial) For the Month Ended April 30, 2020 Adjusted Trial Balance Account Titles 10,100 Accounts Receivable 7,700 Prepaid Rent 2,500 Equipment 22,800 Accumulated Depreciation - Equip. 5,400 Notes Payable 5,500 Accounts Payable 5.400 Owner's Capital 26,930 Owner's Drawings 3,500 Service Revenue 15,700 Salaries...
IVANHOE COMPANY Worksheet (partial) For the Month Ended April 30, 2020 Adjusted Trial Balance Account Titles Dr. Cr. Cash 10,700 Accounts Receivable 8,200 Prepaid Rent 2,000 Equipment 22,800 Accumulated Depreciation-Equip. 5,200 Notes Payable 5,600 Accounts Payable 5,400 Owner's Capital 27,190 Owner's Drawings 3,400 Service Revenue 15,900 Salaries and Wages Expense 10,600 Rent Expense 900 Depreciation Expense 690 Interest Expense 60 Interest Payable 60 Totals 59,350 59,350 IVANHOE COMPANY Income Statement $ $ e Textbook and Media
The adjusted trial balance columns of the worksheet for Pharoah Company are as follows. Complete the worksheet PHAROAH COMPANY Worksheet (partial) For the Month Ended April 30, 2020 Income Statement Adjusted Trial Balance Balan Account Titles Dr. Cr. Dr. Cr. Dr. Cash 11,700 Accounts Receivable 7,300 Prepaid Rent 2.000 23,300 5,100 5,800 Equipment Accumulated Depreciation --Equipment Notes Payable Accounts Payable Owner's Capital Owner's Drawings 5.500 28,250 3,400 15,000 10,500 Drawings Service Revenue Salaries and Wages Expense Rent Expense Depreciation Expense...
The adjusted trial balance columns of the worksheet for Pharoah Company are as follows. (Part (Part a2-b ission) Study 2,000 PHAROAH COMPANY Worksheet (partial) For the Month Ended April 30, 2020 Adjusted Trial Balance Account Titles Dr. Cr. Cash 10,200 Accounts Receivable 7,100 Prepaid Rent Equipment 22,700 Accumulated Depreciation--Equip. 5,200 Notes Payable 5,700 Accounts Payable 4,900 Owner's Capital 26,740 Owner's Drawings 3,800 Service Revenue 15,200 Salaries and Wages Expense 10,500 Rent Expense Depreciation Expense Interest Expense Interest Payable Totals 57,830...
Worksheet (Partial) For the Month Ended April 30, 2022 Adjusted Trial Balance Account Titles Dr. Cr. Cash 11,500 Accounts Receivable 8,020 Prepaid Rent 2,000 Equipment 23,100 Accumulated Depreciation-Equip. 4,500 Notes Payable 5,500 Accounts Payable 5,000 Common Stock 21,870 Retained Earnings 7,700 Dividends 3,800 Service Revenue 16,000 Salaries and Wages Expense 10,800 Rent Expense 750 Depreciation Expense 600 Interest Expense 90 Interest Payable 90 Totals 60,660 60,660 Flounder Company Income Statement $ $ $
Complete the worksheet. SANDHILL COMPANY Worksheet (partial For the Month Ended April 30, 2020 Adjusted Trial Balance Income Statement Balan Account Titles Dr. Cr Dr. CH Dr. Cash 11,600 Accounts Receivable 7.700 Prepaid Rent 2,200 23.100 Equipment Accumulated Depreciation --Equipment Notes Payable 5,000 5,700 A A $ 3 5 6 7 8 9 0 E R T Y 드 C Р D F G Н. J к с V B N. > M < command option Complete the worksheet. SANDHILL...
SHERIDAN ROOFING Worksheet For the Month Ended March 1, 2020 Adjusted Trial Balance Account Titles 4.900 Accounts Receivable 2,800 1.930 Equipment 10, Accumulate Depreciation Equipe Accounts wat Unerred service Revenue One Cita 12.06 Onners Drawings 1.150 Salaries and Wapes Expense Unarmed Service Revenue Owner's Capital Owner's Drawings Service Revenue Salaries and Wages Expense 1,390 Supplies Expense Deprecation Expense Sales and Wapes Payable Net income Cythew Work for th SHERIDAN ROOFING Income Statement Cr Sheridan Roofing Worksheet For the Month Ended...
For the Month Ended April 30, 2019 Adjusted Trial Balance Account Titles Dr. Cr. Cash 10,000 Accounts Receivable 7,840 Prepaid Rent 2,280 Equipment 23,050 Accumulated Depreciation-Equip. 4,921 Notes Payable 5,700 Accounts Payable 4,920 Common Stock 20,000 Retained Earnings 7,960 Dividends 3,650 Service Revenue 15,590 Salaries and Wages Expense 10,840 Rent Expense 760 Depreciation Expense 671 Interest Expense 57 Interest Payable Totals 59,148 59,148 57 59,14859,148 Post the closing entries to Income Summary and Retained Earnings. (Post entries in the order...
For the Month Ended April 30, 2019 Adjusted Trial Balance Account Titles Dr. Cr. Cash 10,000 Accounts Receivable 7,840 Prepaid Rent 2,280 Equipment 23,050 Accumulated Depreciation-Equip. 4,921 Notes Payable 5,700 Accounts Payable 4,920 Common Stock 20,000 Retained Earnings 7,960 Dividends 3,650 Service Revenue 15,590 Salaries and Wages Expense 10,840 Rent Expense 760 Depreciation Expense 671 Interest Expense 57 Interest Payable Totals 59,148 59,148 57 59,14859,148 Prepare an retained earnings statement. (List items that increase retained earnings first.) De Sousa Company...
Exercise 4-03 al-a3 (Part Level Submission) The adjusted trial balance columns of the worksheet for Crane Company are as follows. The owner did not make any additional investments in the business in April. Cash CRANE COMPANY Worksheet (partial) For the Month Ended April 30, 2020 Adjusted Trial Balance Account Titles 10,100 Accounts Receivable 7,700 Prepaid Rent 2,500 Equipment 22,800 Accumulated Depreciation - Equip. 5,400 Notes Payable 5,500 Accounts Payable 5.400 Owner's Capital 26,930 Owner's Drawings 3,500 Service Revenue 15,700 Salaries...
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