Homework Answers
| Office furniture | Assets | Owner, capital | Owner capital |
| Owner, withdrawals | Owner, withdrawals | Repair and maintenance expense | Expense |
| Rent payable | Lialibilities | Service revenue | Revenue |
| Salaries and wages payable | Liabilities | Supplies expense | Expense |
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Activity 3.b - More Practice with Classifying Accounts Fill in the blanks with the category of...
the expanded accounting equation, activity 3.a - classify the accounts The Expanded Accounting Equation Activity 3.a...
the expanded accounting equation, activity 3.a - classify the
accounts
The Expanded Accounting Equation Activity 3.a - Classify the Accounts Classify which part of the expanded accounting equation each account title belongs to by dragging the account into the correct bucket. View drag and drop keyboard instructions Equipment Common Stock Dividends Insurance Expense Utilities Payable Service Revenue Building Rent Expense Utilities Expense Notes Payable Office Supplies Accounts Payable Delivery Expense Advertising Expense Supplies Expense Truck Cash Salaries Payable ASSETS LIABILITIES...
Drag the account types to form the expanded accounting equation. Begin the equity section with capital....
Drag the account types to form the expanded accounting equation. Begin the equity section with capital. Then, identify whether the item increases, '+', or decreases, '', equity. Owner, Capital: Cash Owner, Withdrawals Accounts Receivable Accounts Payable Revenues Expenses Unearned Revenues Liabilities : Assets Drag card here Drag card here Drag card here Drag card here Drag card here Drag card here Enter the missing value to balance the equation. = 48,000 + 8,000 – 18.000 + 4,000 - 24,000 96.000...
Fill in the t-accounts for each situation and label each transaction as Deferrals/Prepaid or Accrual. Calculate...
Fill in the t-accounts for each situation and label each transaction as Deferrals/Prepaid or Accrual. Calculate the adjusted balance and use a Bal. post reference to show the ending balance of each account. Employees earned $2,900 in salaries that will be paid next month. The Salaries Expense unadjusted balance as of December 31 is $5,700. Adjustment Type: Salaries Expense Salaries Payable November 1 of the current year, Record the transaction for the year ended December 31 Adjustment Type: Insurance Expense...
$139.000 - 100000 с $143.000 = $113,000 + $ 76000 $67,000 + $56,000 - $35,000 ue...
$139.000 - 100000 с $143.000 = $113,000 + $ 76000 $67,000 + $56,000 - $35,000 ue See Fill in the blanks with the category of the expanded accounting equation (assets, liabilities, stockholders' equity, dividends, revenues, expenses). Check your spelling carefully and do not abbreviate. egu expe Cash Common Stock Dividends Income Tax Expense Salaries (and Wages) Payable Service Revenue Copyright Mortgages Payable Evne Bildirchenchendecco an dvRRA 90 F4 0 @ 110 2 $ 4 & 3 ( 5 co 7...
$139.000 - 100000 с $143.000 = $113,000 + $ 76000 $67,000 + $56,000 - $35,000 ue...
$139.000 - 100000 с $143.000 = $113,000 + $ 76000 $67,000 + $56,000 - $35,000 ue See Fill in the blanks with the category of the expanded accounting equation (assets, liabilities, stockholders' equity, dividends, revenues, expenses). Check your spelling carefully and do not abbreviate. egu expe Cash Common Stock Dividends Income Tax Expense Salaries (and Wages) Payable Service Revenue Copyright Mortgages Payable Evne Bildirchenchendecco an dvRRA 90 F4 0 @ 110 2 $ 4 & 3 ( 5 co 7...
Font Paragraph Styles Q1: Categorize the following accounts into the table below. Note that certain accounts...
Font Paragraph Styles Q1: Categorize the following accounts into the table below. Note that certain accounts may appear in multiple columns. Accounts Receivable Equipment Interest Income Maintenance Expense Owner's Equity, End. Balance Rent Revenue Unearned Revenue Withdrawals Accounts Payable Fuel Expense Interest Payable Merchandise Inventory Prepaid Expenses Salaries Expense Utilities Expense Advertising Expense Furniture Interest Receivable Notes Payable Prepaid Rent Salaries Payable Vehicle Building Cash Insurance Expense Interest Expense Investment by Owner Land Other Expenses Owner's Equity, Beg. Balance Profit/Loss...
Complete the Income Statement, Statement of Owner's Equity and Balance Sheet for Help Today company. Fill...
Complete the Income Statement, Statement of Owner's Equity and
Balance Sheet for Help Today company. Fill in the templates...
Exercise 2-16
HELP TODAY
Income Statement
For Month Ended August 31
Revenues
Consulting fees earned $
Expenses
Rent expense $
Salaries expense
Telephone expense
Miscellaneous expenses ______
Total expenses ______
Net income $
Exercise 2-17
HELP TODAY
Statement of Owner’s Equity
For Month Ended August 31
C. Camry, Capital, July 31 $ 0
Add: Investment by owner 102,000
Net income (from...
Panon ACT - Corporations - Google Chrome act personcmg.com/activity/9/3/2 Activity 3.b - More Practice Journalizing Closing...
Panon ACT - Corporations - Google Chrome act personcmg.com/activity/9/3/2 Activity 3.b - More Practice Journalizing Closing Entries Using the information from the Adjusted Trial Balance, journalize the closing entries f Date Accounts and explanation Debit Crede SMART TOUCH LEARNING Adjusted Trial Balance December 31, 2016 Service Revenue Balance Debit Credit Account Title To dose Round Cash 16,600 Accounts Receivable 9,100 Accounts and Explanation Office Supplies 200 income summary Prepaid Rent 11,000 Accumulated Depreciation Furniture 19,300 Accumulated Depreciation Furniture 6.600 Accounts...
Arrow Hospitality prepares adjustments monthly and showed the following at September 30, 2020: Adjustments Dr. cr....
Arrow Hospitality prepares adjustments monthly and showed the following at September 30, 2020: Adjustments Dr. cr. Adjusted Trial Balance Dr. Cr. Account Cash Accounts receivable Repair supplies Prepaid rent Office furniture Accounts payable Notes payable Eli Arrow, capital Eli Arrow, withdrawals Hospitality revenues Salaries expense Wages expense Totals ARROW HOSPITALITY Trial Balances September 30, 2020 Unadjusted Trial Balance Dr. Cr. $ 5,400 10,600 1,900 13,400 22,520 $ 7,400 19,200 66,978 4,400 122,000 141,000 16,358 $ 215,578 $ 215,578 Additional information...
Identify the normal balance (debit or credit) for each of the following accounts. Normal Ending Balance...
Identify the normal balance (debit or credit) for each of the following accounts. Normal Ending Balance Fees Eamed (Revenues) b. Office Supplies c Owner, Withdrawals d. Wages Expense e. Accounts Receivable E Prepaid Rent 9. Wages Payable h. Building Owner. Capital Debit Credit
the expanded accounting equation, activity 3.a - classify the
accounts
The Expanded Accounting Equation Activity 3.a - Classify the Accounts Classify which part of the expanded accounting equation each account title belongs to by dragging the account into the correct bucket. View drag and drop keyboard instructions Equipment Common Stock Dividends Insurance Expense Utilities Payable Service Revenue Building Rent Expense Utilities Expense Notes Payable Office Supplies Accounts Payable Delivery Expense Advertising Expense Supplies Expense Truck Cash Salaries Payable ASSETS LIABILITIES...
Drag the account types to form the expanded accounting equation. Begin the equity section with capital. Then, identify whether the item increases, '+', or decreases, '', equity. Owner, Capital: Cash Owner, Withdrawals Accounts Receivable Accounts Payable Revenues Expenses Unearned Revenues Liabilities : Assets Drag card here Drag card here Drag card here Drag card here Drag card here Drag card here Enter the missing value to balance the equation. = 48,000 + 8,000 – 18.000 + 4,000 - 24,000 96.000...
Fill in the t-accounts for each situation and label each transaction as Deferrals/Prepaid or Accrual. Calculate the adjusted balance and use a Bal. post reference to show the ending balance of each account. Employees earned $2,900 in salaries that will be paid next month. The Salaries Expense unadjusted balance as of December 31 is $5,700. Adjustment Type: Salaries Expense Salaries Payable November 1 of the current year, Record the transaction for the year ended December 31 Adjustment Type: Insurance Expense...
$139.000 - 100000 с $143.000 = $113,000 + $ 76000 $67,000 + $56,000 - $35,000 ue See Fill in the blanks with the category of the expanded accounting equation (assets, liabilities, stockholders' equity, dividends, revenues, expenses). Check your spelling carefully and do not abbreviate. egu expe Cash Common Stock Dividends Income Tax Expense Salaries (and Wages) Payable Service Revenue Copyright Mortgages Payable Evne Bildirchenchendecco an dvRRA 90 F4 0 @ 110 2 $ 4 & 3 ( 5 co 7...
$139.000 - 100000 с $143.000 = $113,000 + $ 76000 $67,000 + $56,000 - $35,000 ue See Fill in the blanks with the category of the expanded accounting equation (assets, liabilities, stockholders' equity, dividends, revenues, expenses). Check your spelling carefully and do not abbreviate. egu expe Cash Common Stock Dividends Income Tax Expense Salaries (and Wages) Payable Service Revenue Copyright Mortgages Payable Evne Bildirchenchendecco an dvRRA 90 F4 0 @ 110 2 $ 4 & 3 ( 5 co 7...
Font Paragraph Styles Q1: Categorize the following accounts into the table below. Note that certain accounts may appear in multiple columns. Accounts Receivable Equipment Interest Income Maintenance Expense Owner's Equity, End. Balance Rent Revenue Unearned Revenue Withdrawals Accounts Payable Fuel Expense Interest Payable Merchandise Inventory Prepaid Expenses Salaries Expense Utilities Expense Advertising Expense Furniture Interest Receivable Notes Payable Prepaid Rent Salaries Payable Vehicle Building Cash Insurance Expense Interest Expense Investment by Owner Land Other Expenses Owner's Equity, Beg. Balance Profit/Loss...
Complete the Income Statement, Statement of Owner's Equity and
Balance Sheet for Help Today company. Fill in the templates...
Exercise 2-16
HELP TODAY
Income Statement
For Month Ended August 31
Revenues
Consulting fees earned $
Expenses
Rent expense $
Salaries expense
Telephone expense
Miscellaneous expenses ______
Total expenses ______
Net income $
Exercise 2-17
HELP TODAY
Statement of Owner’s Equity
For Month Ended August 31
C. Camry, Capital, July 31 $ 0
Add: Investment by owner 102,000
Net income (from...
Panon ACT - Corporations - Google Chrome act personcmg.com/activity/9/3/2 Activity 3.b - More Practice Journalizing Closing Entries Using the information from the Adjusted Trial Balance, journalize the closing entries f Date Accounts and explanation Debit Crede SMART TOUCH LEARNING Adjusted Trial Balance December 31, 2016 Service Revenue Balance Debit Credit Account Title To dose Round Cash 16,600 Accounts Receivable 9,100 Accounts and Explanation Office Supplies 200 income summary Prepaid Rent 11,000 Accumulated Depreciation Furniture 19,300 Accumulated Depreciation Furniture 6.600 Accounts...
Arrow Hospitality prepares adjustments monthly and showed the following at September 30, 2020: Adjustments Dr. cr. Adjusted Trial Balance Dr. Cr. Account Cash Accounts receivable Repair supplies Prepaid rent Office furniture Accounts payable Notes payable Eli Arrow, capital Eli Arrow, withdrawals Hospitality revenues Salaries expense Wages expense Totals ARROW HOSPITALITY Trial Balances September 30, 2020 Unadjusted Trial Balance Dr. Cr. $ 5,400 10,600 1,900 13,400 22,520 $ 7,400 19,200 66,978 4,400 122,000 141,000 16,358 $ 215,578 $ 215,578 Additional information...
Identify the normal balance (debit or credit) for each of the following accounts. Normal Ending Balance Fees Eamed (Revenues) b. Office Supplies c Owner, Withdrawals d. Wages Expense e. Accounts Receivable E Prepaid Rent 9. Wages Payable h. Building Owner. Capital Debit Credit
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