Note.
Transaction g will not have any impact on finanacials as no money came in or out. It is after balance sheet item.
Balance | |||
Account Title | Debit | Credit | |
Cash | 65 | ||
Account receviable | 21 | ||
Suppies | 10 | ||
Land | 9 | ||
Equipment | 60 | ||
Accumulated Dep | 12 | ||
Software | 25 | ||
Accumulated Dep | 10 | ||
Account payable | 10 | ||
Notes payable (short) | 12 | ||
Salaries & wages payable | 12 | ||
Interest payable | 1 | ||
Income tax payable | 8 | ||
Common stock | 94 | ||
Retained earnings | 8 | ||
Service Revenue | 160 | ||
Salaries & wages Expenses | 97 | ||
Dep Expenses | 6 | ||
Amortisation Expenses | 5 | ||
Income Tax Expenses | 8 | ||
Interest Expenses | 1 | ||
Supplies Expenses | 20 | ||
Total | $ 327.00 | $ 327.00 |
Cash Account | |||||||
Date | $ Amount | Date | $ Amount | ||||
Jan-01 | To opening bal | 3 | By land | 9 | |||
Mar-01 | ToShort term note | 12 | By software | 10 | |||
To common stock | 23 | By Account payable | 13 | ||||
To sales | 120 | By salaries & wages | 85 | ||||
To account receviable | 24 | ||||||
By closing balance | 65 | ||||||
Accounts Receviable | |||||||
Date | $ Amount | Date | $ Amount | ||||
To opening Balance | 5 | ||||||
By cash | 24 | ||||||
To sales | 40 | ||||||
By closing balance | 21 | ||||||
Supplies | |||||||
Date | $ Amount | Date | $ Amount | ||||
To opening Balance | 12 | ||||||
BY exepenses | 20 | ||||||
To account payable | 18 | ||||||
By closing balance | 10 | ||||||
Salaries & wages payable | |||||||
Date | $ Amount | Date | $ Amount | ||||
To cash | 85 | By opening balance | |||||
( current year exep) | |||||||
By closing bal | 12 | By p & l | 97 | ||||
(unpaid) | |||||||
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Required information [The following information applies to the questions displayed below.) Brothers Harry and Herman Hausyerday...
Required information [The following information applies to the questions displayed below.] Brothers Harry and Herman Hausyerday began operations of their machine shop (H & H Tool, Inc.) on January 1, 2016. The annual reporting period ends December 31. The trial balance on January 1, 2018, follows (the amounts are rounded to thousands of dollars to simplify): Account Titles Debit Credit Cash $ 2 Accounts Receivable 6 Supplies 13 Land 0 Equipment 57 Accumulated Depreciation $ 5 Software 18 Accumulated Amortization...
Required information The following information applies to the questions displayed below) Brothers Harry and Herman Hausyerday began operations of their machine shop (H & H Tool, Inc.) on January 1, 2016. The annual reporting period ends December 31. The trial balance on January 1, 2018, follows the amounts are rounded to thousands of dollars to simplify): Debit Credit 54 11 Account Titles Cash Accounts Receivable Supplies Land Equipsent Accumulated Depreciation Software Accumulated Amortization Accounts Payable Notes Payable (short-ters) Salaries and...
Required information The following informetion applies to the questions displayed below Brothers Harry and Herman Hausyerday began operations of their machine shop (H & H Tool, Inc.) on January 1, 2016. The annual reporting period ends December 31. The trial balance on January 1, 2018, follows (the amounts are rounded to thousands of dollars to simplify: Debit Credit Account Titles $ 3 Cash Accounts Receivable Supplies Land 12 Equipmont Accumulated Depreciation Software 63 6 18 Accumulated Amortization Accounts Payable Notes...
Required Information (The following information applies to the questions displayed below] Brothers Harry and Herman Hausyerday began operations of their machine shop (H & H Tool, Inc.) on January 1, 2016. The annual reporting period ends December 31. The trial balance on January 1, 2018, follows the amounts are rounded to thousands of dollars to simplify): decount Titles ge nerated amortization ESS- Account Titles Cash Accounts Receivable Supplies Land Equipment Accumulated Depreciation Software Accumulated Amortization Accounts Payable Notes Payable (short-term)...
Required information [The following information applies to the questions displayed below Brothers Harry and Herman Hausyerday began operations of their machine shop (H & H Tool, Inc.) on January 1, 2016. The annual reporting period ends December 31. The trial balance on January 1, 2018, follows (the amounts are rounded to thousands of dollars to simplify): Account Titles Cash Debit Credit $ 4 Accounts Receivable Supplies Land Equipment Accumulated Depreciation Software Accumulated Amortization Accounts Payable Notes Payable (short-term) Salaries and...
Required information [The following information applies to the questions displayed below.] Brothers Harry and Herman Hausyerday began operations of their machine shop (H & H Tool, Inc.) on January 1, 2016. The annual reporting period ends December 31. The trial balance on January 1, 2018, follows (the amounts are rounded to thousands of dollars to simplify): Account Titles Debit Credit Cash $ 4 Accounts Receivable 4 Supplies 11 Land 0 Equipment 59 Accumulated Depreciation $ 7 Software 14 Accumulated Amortization...
Required information [The following information applies to the questions displayed below.] Brothers Harry and Herman Hausyerday began operations of their machine shop (H & H Tool, Inc.) on January 1, 2016. The annual reporting period ends December 31. The trial balance on January 1, 2018, follows (the amounts are rounded to thousands of dollars to simplify): Account Titles Debit Credit Cash $ 4 Accounts Receivable 4 Supplies 11 Land 0 Equipment 56 Accumulated Depreciation $ 7 Software 17 Accumulated Amortization...
Required information [The following information applies to the questions displayed below.] Brothers Harry and Herman Hausyerday began operations of their machine shop (H & H Tool, Inc.) on January 1, 2016. The annual reporting period ends December 31. The trial balance on January 1, 2018, follows (the amounts are rounded to thousands of dollars to simplify): Account Titles Debit Credit Cash $ 4 Accounts Receivable 4 Supplies 11 Land 0 Equipment 59 Accumulated Depreciation $ 7 Software 14 Accumulated Amortization...
Required information [The following information applies to the questions displayed below.] Brothers Harry and Herman Hausyerday began operations of their machine shop (H & H Tool, Inc.) on January 1, 2016. The annual reporting period ends December 31. The trial balance on January 1, 2018, follows (the amounts are rounded to thousands of dollars to simplify): Account Titles Debit Credit Cash $ 4 Accounts Receivable 4 Supplies 11 Land 0 Equipment 56 Accumulated Depreciation $ 7 Software 17 Accumulated Amortization...
The following information applies to the questions displayed below. Brothers Harry and Herman Hausyerday began operations of their machine shop (H & H Tool, Inc. ) on January 12016. The annual reporting period ends December 31. The trial balance on January 12018, follows the amounts are rounded to thousands of dollars to simplify ): Debit Credit $ 2 6 13 64 $ 5 18 4 4 Account Titles Cash Accounts Receivable Supplies Land Equipment Accumulated Depreciation Software Accumulated Amortization Accounts...