Homework Answers
Income Statement:
| Particulars | $ | $ |
|---|---|---|
| Revenue: | ||
| Service Revenue | 15,900 | |
| Costs: | ||
| Salaries & Wages | 10,600 | |
| Rent Expense | 900 | |
| Depreciation Expense | 690 | |
| Interest Expense | 60 | |
| Total Costs | 12,250 | |
| Net Income | 3,650 |
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IVANHOE COMPANY Worksheet (partial) For the Month Ended April 30, 2020 Adjusted Trial Balance Account Titles...
PHAROAH COMPANY Worksheet (partial) For the Month Ended April 30, 2020 Adjusted Trial Balance Account Titles...
PHAROAH COMPANY Worksheet (partial) For the Month Ended April 30, 2020 Adjusted Trial Balance Account Titles Dr. Cr. Cash 10,300 Accounts Receivable 7,200 Prepaid Rent 2,300 Equipment 22,800 Accumulated Depreciation-Equip. 5,300 Notes Payable 5,900 Accounts Payable 4,700 Owner's Capital 26,220 Owner's Drawings 3,400 Service Revenue 15.900 Salaries and Wages Expense 10,700 Rent Expense 700 Depreciation Expense 620 Interest Expense 30 Interest Payable 30 Totals 58,050 58,050 Income Summary Owner's Capital .
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 $ $ $
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Complete the worksheet. SANDHILL COMPANY Worksheet (partial For the Month Ended April 30, 2020 Adjusted Trial...
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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...
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...
For the Month Ended April 30, 2019 Adjusted Trial Balance Account Titles Dr. Cr. Cash 10,000...
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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...
This is all they give Cr. Concord Company Worksheet (Partial) For the Month Ended April 30,...
This is all they give
Cr. Concord Company Worksheet (Partial) For the Month Ended April 30, 2019 Adjusted Trial Balance Account Titles Dr. Cash 10,600 Accounts Receivable 7,300 Prepaid Rent 2,000 Equipment 23,000 Accumulated Depreciation-Equip. 4,500 Notes Payable 5,500 Accounts Payable 5,300 Common Stock 20,830 Retained Earnings 7,760 Dividends 3,900 Service Revenue 15,500 Salaries and Wages Expense 11,000 Rent Expense 900 Depreciation Expense 690 Interest Expense Interest Payable 70 Totals 59,460 59,460 70 No. Date Account Titles and Explanation Debit...
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Ivanhoe Company Worksheet For the Month Ended June 30, 2020 Trial Balance Account Titles Dr. Cr. Cash 2,100 Accounts Receivable 2,800 Supplies 2,000 Accounts Payable 1,100 Unearned Service Revenue 400 Owner's Capital 3,160 Service Revenue 3,000 Salaries and Wages Expense Miscellaneous Expense 160 Total 7,660 7,660 Other data: 1. A physical count reveals $700 of supplies on hand. 2. $100 of the unearned revenue is still unearned at month-end. 3. Accrued salaries are $310. Complete the worksheet. June 30, Account...
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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...
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...
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...
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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...
This is all they give
Cr. Concord Company Worksheet (Partial) For the Month Ended April 30, 2019 Adjusted Trial Balance Account Titles Dr. Cash 10,600 Accounts Receivable 7,300 Prepaid Rent 2,000 Equipment 23,000 Accumulated Depreciation-Equip. 4,500 Notes Payable 5,500 Accounts Payable 5,300 Common Stock 20,830 Retained Earnings 7,760 Dividends 3,900 Service Revenue 15,500 Salaries and Wages Expense 11,000 Rent Expense 900 Depreciation Expense 690 Interest Expense Interest Payable 70 Totals 59,460 59,460 70 No. Date Account Titles and Explanation Debit...
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