Homework Answers
| S No. | Date | Account title | Debit | credit |
| b | September 14 | Cash | 800 | |
| Advances from customer | 800 | |||
| c | October 7 2020 | Cash | 2720 | |
| Advances from customer | 800 | |||
| sales revenue | 3520 | |||
| [To record sales] | ||||
| cost of goods sold | 1784 | |||
| Inventory | 1784 |
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Identifying Customer Control and Recording Advance Payment Allstar Inc. sells uniforms and spirit clothing to local...
Recording a Payment by Seller to Customer On March 18, 2020, Kudos Corporation sells snack products...
Recording a Payment by Seller to Customer On March 18, 2020, Kudos Corporation sells snack products to a retail warehouse club chain in the amount of $75,000 (cost of $45,000). The contract includes an obligation for the warehouse club to run certain advertising campaigns for the snack products in exchange for $6,000 cash from Kudos Corporation on the contract date. The comparable price for this type of advertising campaign to be conducted by a third party is $6,000. a. Prepare...
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Accounting 201 Assessment Cycle Problem Your Name: City Park Yoga, Inc. Wren Bliss teaches yoga and...
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Accounting Cycle problem Your Name Accounting 201 Assessment Cycle Problem City Park Yoga, Inc...
Accounting Cycle problem
Your Name Accounting 201 Assessment Cycle Problem City Park Yoga, Inc. Wren Bliss teaches yoga and meditation. Because she likes the quiet and contemplative outdoor environment, she opened her new spacious studio in a building overlooking City Park. She named her new business, City Park Yoga, Inc. and opened her studio for classes in the beginning of September of 2020, Instructions: Complete Parts 1 - 9 as listed in this packet. Part 1 Record your journal entries...
only need the ones highlighted and job cost. please help. Wonderama Playgrounds, Inc. manufactures playground equipment...
only need the ones highlighted and job cost. please
help.
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ookie Creations 3 n November 2017, after having incorporated Cookle Creations Inc., Natalie begins operations. She...
ookie Creations 3 n November 2017, after having incorporated Cookle Creations Inc., Natalie begins operations. She has decided not to pursue the offer to supply cookies to Biscuits. Instead, she will cus on offering cooking dasses. The following events occur. Nov. 8 Natalie cashes in her U.S. Savings Bonds and receives $520, which she deposits in her personal bank account. 8 Natalie opens a bank account for Cookie Creations Inc. 8 Natalie purchases $500 of Cookie Creations' common stock 11...
I need help with step 5,6,7, please ? 15%60-900 Page 2 GENERAL JOURNAL Tagolt golo HOL...
I need help with step 5,6,7, please ?
15%60-900 Page 2 GENERAL JOURNAL Tagolt golo HOL cash tickets Revende 1660 1652 Account Payable Cash 90 Account necunibe Ticket nevenue 13 nowing expense 23 са 1345 Cash account nechua Sep 25 wages expen cash m. Lapinski withclantas cash 15X60 900 GENERAL JOURNAL Vol REL9900 cash tickets nevenue Sep 1650 Account Payable cash 1652 AFFA Account necenible Ticket nevenue Sep 18 nowing eyrense 26 now ticket new ep 24 T cash account...
how the cash here become 1135? because if you check my trial balance the cash is...
how the cash here become 1135? because if you check my trial
balance the cash is 8810.
and i can I get help in step 8,9?
and I provide u my journal entry
this is the steps 8,9
From the information given above, I have solved 5,6,7 that is Adjusting entries, Trial Balance, Income Statement, Statement of Equity changes and Balance Sheet. Der in the problem Set Depreciation expense General in From 1. Sep 131, Dec formoh T unter est...
2) prepare the T-accounts. To complete the journal entries, do not forget that you need to...
2) prepare the T-accounts. To complete the journal
entries, do not forget that you need to make the adjusting entries
per the descriptions of transactions in the project
document.
3) The last tab in the Excel template is for you to
prepare the unadjusted trial balance, as well as the adjusted trial
balance. Note that you need to enter all the adjustments in the
worksheet.
4) The last step of the project is to make the closing
entries. You shall...
Print Platon Allocating Transaction Price to Performance Obligations and Recording Sales Value Dealership in markets and sells the vehicles to real customers. Along with a new vehicle purchase, a customer will receive a free annual maintenance contract for one year from the date of purchase. The standalone seling price of a vehicles 130,000 and the standalone selling price for the annual maintenance contract is 3500 During October 2020, Valur Dealership Inc sold vehicles for 530,250 per vehicle, each with a...
Cullumber Company sells total outdoor grilling solutions, providing gas and charcoal grills, accessories, and installation services for custom patio grilling stations. Respond to the requirements related to the following independent revenue arrangements for Cullumber products and services. Click here to view factor table. Cullumber offers contract GM205, which is comprised of a free-standing gas grill for small patio use plus installation to a customer's gas line for a total price $737. On a standalone basis, the grill sells for $637...
Accounting 201 Assessment Cycle Problem Your Name: City Park Yoga, Inc. Wren Bliss teaches yoga and meditation. Because she likes the quiet and contemplative outdoor environment, she opened her new spacious studio in a buildine overlooking City Park. She named her new business, City Park Yoga, Inc. and opened her studio for classes in the beginning of September of 2020. Instructions: Complete Parts 1-9 as listed in this packet Part 1 Record your journal entries in the general journal provided...
Accounting Cycle problem
Your Name Accounting 201 Assessment Cycle Problem City Park Yoga, Inc. Wren Bliss teaches yoga and meditation. Because she likes the quiet and contemplative outdoor environment, she opened her new spacious studio in a building overlooking City Park. She named her new business, City Park Yoga, Inc. and opened her studio for classes in the beginning of September of 2020, Instructions: Complete Parts 1 - 9 as listed in this packet. Part 1 Record your journal entries...
only need the ones highlighted and job cost. please
help.
Wonderama Playgrounds, Inc. manufactures playground equipment for parks and schools. Their business year is the calendar year and they use a job-order cost system for inventory and sales. Wonderama Playgrounds, Inc. manufactures all products in a single production department. An individual job-order cost sheet is maintained for each job. The job-order cost sheet contains accumulated costs for each job, including actual direct materials, actual direct labor, and applied factory overhead....
ookie Creations 3 n November 2017, after having incorporated Cookle Creations Inc., Natalie begins operations. She has decided not to pursue the offer to supply cookies to Biscuits. Instead, she will cus on offering cooking dasses. The following events occur. Nov. 8 Natalie cashes in her U.S. Savings Bonds and receives $520, which she deposits in her personal bank account. 8 Natalie opens a bank account for Cookie Creations Inc. 8 Natalie purchases $500 of Cookie Creations' common stock 11...
I need help with step 5,6,7, please ?
15%60-900 Page 2 GENERAL JOURNAL Tagolt golo HOL cash tickets Revende 1660 1652 Account Payable Cash 90 Account necunibe Ticket nevenue 13 nowing expense 23 са 1345 Cash account nechua Sep 25 wages expen cash m. Lapinski withclantas cash 15X60 900 GENERAL JOURNAL Vol REL9900 cash tickets nevenue Sep 1650 Account Payable cash 1652 AFFA Account necenible Ticket nevenue Sep 18 nowing eyrense 26 now ticket new ep 24 T cash account...
how the cash here become 1135? because if you check my trial
balance the cash is 8810.
and i can I get help in step 8,9?
and I provide u my journal entry
this is the steps 8,9
From the information given above, I have solved 5,6,7 that is Adjusting entries, Trial Balance, Income Statement, Statement of Equity changes and Balance Sheet. Der in the problem Set Depreciation expense General in From 1. Sep 131, Dec formoh T unter est...
2) prepare the T-accounts. To complete the journal
entries, do not forget that you need to make the adjusting entries
per the descriptions of transactions in the project
document.
3) The last tab in the Excel template is for you to
prepare the unadjusted trial balance, as well as the adjusted trial
balance. Note that you need to enter all the adjustments in the
worksheet.
4) The last step of the project is to make the closing
entries. You shall...
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