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Hi there - Can I please get some assistance with the very last
portion of this question?
Accounting Cycle Review 15 a-e Sandhill Corporation's trial balance at December 31, 2020, is presented below. All 2020 transactions have been recorded except for the items described below. Debit Credit Cash Accounts Receivable $26,500 56,000 23,000 68,000 99.600 33,000 $410 31,500 14,200 19,400 -0- -0- 7,200 50,000 30,000 6,000 Inventory Land Buildings Equipment Allowance for Doubtful Accounts Accumulated Depreciation-Buildings Accumulated Depreciation-Equipment Accounts Payable...
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ccounting Cycle Review 15 a-e Crane Corporation's trial balance at December 31, 2020, is presented below. All 2020 transactions have been recorded except for the items described belovw Debit Credit $25,500 50,000 23,000 65,800 109,200 43,000 Cash Accounts Receivable Inventory Land Buildings Equipment Allowance for Doubtful Accounts Accumulated Depreciation-Buildings Accumulated Depreciation-Equipment Accounts Payable Interest Payable Dividends Payable Unearned Rent Revenue Bonds Payable (10%) Common Stock ($10 par) Paid-in Capital in Excess of Par Common $460 35,000 12,000 19,200 6,400 40,000...
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ccounting Cycle Review 15 a-e Crane Corporation's trial balance at December 31, 2020, is presented below. All 2020 transactions have been recorded except for the items described belovw Debit Credit $25,500 50,000 23,000 65,800 109,200 43,000 Cash Accounts Receivable Inventory Land Buildings Equipment Allowance for Doubtful Accounts Accumulated Depreciation-Buildings Accumulated Depreciation-Equipment Accounts Payable Interest Payable Dividends Payable Unearned Rent Revenue Bonds Payable (10%) Common Stock ($10 par) Paid-in Capital in Excess of Par Common $460 35,000 12,000 19,200 6,400 40,000...
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Carla Vista Corporation's trial balance at December 31, 2020, is presented below. All 2020 transactions have been recorded except for the items described below. Debit Credit Cash Accounts Receivable Inventory Land Buildings Equipment Allowance for Doubtful Accounts Accumulated Depreciation-Buildings Accumulated Depreciation-Equipment $27,300 59,000 23,100 62,800 104,400 43,000 Accounts Payable Interest Payable Dividends Payable Unearned Rent Revenue Bonds Payable (10%) Common Stock ($10 par) Paid-in Capital in Excess of Par-Common Stock Preferred Stock ($20 par) Paid-in Capital in Excess of Par-Preferred...
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Hello, I need help with the boxes in red please:
Carla Vista Corporation's trial balance at December 31, 2020, is presented below. All 2020 transactions have been recorded except for the items described below. Debit Credit Cash Accounts Receivable Inventory Land Buildings Equipment Allowance for Doubtful Accounts Accumulated Depreciation-Buildings Accumulated Depreciation-Equipment $27,300 59,000 23,100 62,800 104,400 43,000 Accounts Payable Interest Payable Dividends Payable Unearned Rent Revenue Bonds Payable (10%) Common Stock ($10 par) Paid-in Capital in Excess of Par-Common Stock...
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Oriole Corporation’s trial
balance at December 31, 2020, is presented below. All 2020
transactions have been recorded except for the items described
below.
Debit
Credit
Cash
$26,500
Accounts Receivable
54,000
Inventory
22,700
Land
67,100
Buildings
91,300
Equipment
30,000
Allowance for Doubtful Accounts
$500
Accumulated Depreciation—Buildings
28,500
Accumulated Depreciation—Equipment
12,600
Accounts Payable
19,000
Interest Payable
–0–
Dividends Payable
–0–
Unearned Rent Revenue
6,800
Bonds Payable (10%)
46,000
Common Stock ($10 par)
29,000
Paid-in Capital in Excess of Par—Common Stock
5,800
Preferred...
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Exercise 5-12 Presented below is the trial balance of Sandhill Corporation at December 31, 2020. Credit Debit $ 199,690 $ 8,103,140 156,140 4,800,000 301,690 279,690 93,140 458,140 2,003,140 65,840 263,140 1,042,690 138,690 99,140 438,140 Cash Sales Debt Investments (trading) (at cost, $145,000) Cost of Goods Sold Debt Investments (long-term) Equity Investments (long-term) Notes Payable (short-term) Accounts Payable Selling Expenses Investment Revenue Land Buildings Dividends Payable Accrued Liabilities Accounts Receivable Accumulated Depreciation-Buildings Allowance for Doubtful Accounts Administrative Expenses Interest Expense Inventory...
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list of accounts
Sandhill Company had the following adjusted trial balance. $3,840 Sandhill Company Adjusted Trial Balance For the Month Ended June 30, 2020 Adjusted Trial Balance Account Titles Debit Credit Cash Accounts Receivable 4,070 Supplies 400 Accounts Payable $1,700 Unearned Service Revenue 190 Owner's Capital 3,900 Owner's Drawings Service Revenue 5,920 Salaries and Wages Expense 1,300 Miscellaneous Expense 200 Supplies Expense 1,930 Salaries and Wages Payable 540 $12,250 $12,250 510 Prepare closing entries at June 30, 2020. (Credit account...
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Exercise 15-17 Windsor Corporation's post-closing trial balance at December 31, 2020, is shown as follows. WINDSOR CORPORATION POST-CLOSING TRIAL BALANCE DECEMBER 31, 2020 Dr. Cr. $ 345,900 $ 488,000 183,000 1,380,000 169,000 33,000 273,000 Accounts payable Accounts receivable Accumulated depreciation-buildings Additional paid-in capital in excess of par-common From treasury stock Allowance for doubtful accounts Bonds payable Buildings Cash Common stock ($1 par) Dividends payable (preferred stock-cash) Inventory Land Preferred stock ($50 par) Prepaid expenses Retained earnings Treasury stock (common at...
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E15.17 (LO 4) (Stockholders' Equity Section) Bruno Corporation's post-closing trial balance at December 31, 2020, is shown as follows. Bruno Corporation Post-Closing Trial Balance December 31, 2020 Dr. Cr. $ 310,000 $ 480,000 185,000 Accounts payable Accounts receivable Accumulated depreciation-buildings Additional paid-in capital in excess of par-common From treasury stock 1,300,000 160,000 Dr. Cr. 30,000 300,000 1,450,000 190,000 200,000 4,000 Allowance for doubtful accounts Bonds payable Buildings Cash Common stock ($1 par) Dividends payable (preferred stock-cash) Inventory Land Preferred stock...
Hi there - Can I please get some assistance with the very last
portion of this question?
Accounting Cycle Review 15 a-e Sandhill Corporation's trial balance at December 31, 2020, is presented below. All 2020 transactions have been recorded except for the items described below. Debit Credit Cash Accounts Receivable $26,500 56,000 23,000 68,000 99.600 33,000 $410 31,500 14,200 19,400 -0- -0- 7,200 50,000 30,000 6,000 Inventory Land Buildings Equipment Allowance for Doubtful Accounts Accumulated Depreciation-Buildings Accumulated Depreciation-Equipment Accounts Payable...
ccounting Cycle Review 15 a-e Crane Corporation's trial balance at December 31, 2020, is presented below. All 2020 transactions have been recorded except for the items described belovw Debit Credit $25,500 50,000 23,000 65,800 109,200 43,000 Cash Accounts Receivable Inventory Land Buildings Equipment Allowance for Doubtful Accounts Accumulated Depreciation-Buildings Accumulated Depreciation-Equipment Accounts Payable Interest Payable Dividends Payable Unearned Rent Revenue Bonds Payable (10%) Common Stock ($10 par) Paid-in Capital in Excess of Par Common $460 35,000 12,000 19,200 6,400 40,000...
ccounting Cycle Review 15 a-e Crane Corporation's trial balance at December 31, 2020, is presented below. All 2020 transactions have been recorded except for the items described belovw Debit Credit $25,500 50,000 23,000 65,800 109,200 43,000 Cash Accounts Receivable Inventory Land Buildings Equipment Allowance for Doubtful Accounts Accumulated Depreciation-Buildings Accumulated Depreciation-Equipment Accounts Payable Interest Payable Dividends Payable Unearned Rent Revenue Bonds Payable (10%) Common Stock ($10 par) Paid-in Capital in Excess of Par Common $460 35,000 12,000 19,200 6,400 40,000...
Carla Vista Corporation's trial balance at December 31, 2020, is presented below. All 2020 transactions have been recorded except for the items described below. Debit Credit Cash Accounts Receivable Inventory Land Buildings Equipment Allowance for Doubtful Accounts Accumulated Depreciation-Buildings Accumulated Depreciation-Equipment $27,300 59,000 23,100 62,800 104,400 43,000 Accounts Payable Interest Payable Dividends Payable Unearned Rent Revenue Bonds Payable (10%) Common Stock ($10 par) Paid-in Capital in Excess of Par-Common Stock Preferred Stock ($20 par) Paid-in Capital in Excess of Par-Preferred...
Hello, I need help with the boxes in red please:
Carla Vista Corporation's trial balance at December 31, 2020, is presented below. All 2020 transactions have been recorded except for the items described below. Debit Credit Cash Accounts Receivable Inventory Land Buildings Equipment Allowance for Doubtful Accounts Accumulated Depreciation-Buildings Accumulated Depreciation-Equipment $27,300 59,000 23,100 62,800 104,400 43,000 Accounts Payable Interest Payable Dividends Payable Unearned Rent Revenue Bonds Payable (10%) Common Stock ($10 par) Paid-in Capital in Excess of Par-Common Stock...
Oriole Corporation’s trial
balance at December 31, 2020, is presented below. All 2020
transactions have been recorded except for the items described
below.
Debit
Credit
Cash
$26,500
Accounts Receivable
54,000
Inventory
22,700
Land
67,100
Buildings
91,300
Equipment
30,000
Allowance for Doubtful Accounts
$500
Accumulated Depreciation—Buildings
28,500
Accumulated Depreciation—Equipment
12,600
Accounts Payable
19,000
Interest Payable
–0–
Dividends Payable
–0–
Unearned Rent Revenue
6,800
Bonds Payable (10%)
46,000
Common Stock ($10 par)
29,000
Paid-in Capital in Excess of Par—Common Stock
5,800
Preferred...
Exercise 5-12 Presented below is the trial balance of Sandhill Corporation at December 31, 2020. Credit Debit $ 199,690 $ 8,103,140 156,140 4,800,000 301,690 279,690 93,140 458,140 2,003,140 65,840 263,140 1,042,690 138,690 99,140 438,140 Cash Sales Debt Investments (trading) (at cost, $145,000) Cost of Goods Sold Debt Investments (long-term) Equity Investments (long-term) Notes Payable (short-term) Accounts Payable Selling Expenses Investment Revenue Land Buildings Dividends Payable Accrued Liabilities Accounts Receivable Accumulated Depreciation-Buildings Allowance for Doubtful Accounts Administrative Expenses Interest Expense Inventory...
list of accounts
Sandhill Company had the following adjusted trial balance. $3,840 Sandhill Company Adjusted Trial Balance For the Month Ended June 30, 2020 Adjusted Trial Balance Account Titles Debit Credit Cash Accounts Receivable 4,070 Supplies 400 Accounts Payable $1,700 Unearned Service Revenue 190 Owner's Capital 3,900 Owner's Drawings Service Revenue 5,920 Salaries and Wages Expense 1,300 Miscellaneous Expense 200 Supplies Expense 1,930 Salaries and Wages Payable 540 $12,250 $12,250 510 Prepare closing entries at June 30, 2020. (Credit account...
Exercise 15-17 Windsor Corporation's post-closing trial balance at December 31, 2020, is shown as follows. WINDSOR CORPORATION POST-CLOSING TRIAL BALANCE DECEMBER 31, 2020 Dr. Cr. $ 345,900 $ 488,000 183,000 1,380,000 169,000 33,000 273,000 Accounts payable Accounts receivable Accumulated depreciation-buildings Additional paid-in capital in excess of par-common From treasury stock Allowance for doubtful accounts Bonds payable Buildings Cash Common stock ($1 par) Dividends payable (preferred stock-cash) Inventory Land Preferred stock ($50 par) Prepaid expenses Retained earnings Treasury stock (common at...
E15.17 (LO 4) (Stockholders' Equity Section) Bruno Corporation's post-closing trial balance at December 31, 2020, is shown as follows. Bruno Corporation Post-Closing Trial Balance December 31, 2020 Dr. Cr. $ 310,000 $ 480,000 185,000 Accounts payable Accounts receivable Accumulated depreciation-buildings Additional paid-in capital in excess of par-common From treasury stock 1,300,000 160,000 Dr. Cr. 30,000 300,000 1,450,000 190,000 200,000 4,000 Allowance for doubtful accounts Bonds payable Buildings Cash Common stock ($1 par) Dividends payable (preferred stock-cash) Inventory Land Preferred stock...