Homework Answers
Answer :
Company 1 : Revenue = $
Company 2 : Dividend = $
Explanation :
Company 1 :- Using Expanded accounting equation
Assets = Liabilities + Common stock - Dividend + Revenue - Expenses
Let us assume missing revenue amount as ' X '
$54,000 = $19,500 + $27,000 - $0 + X - $11,500
$54,000 = $35,000 + X
X = $ 54,000 - $35,000
X = $19,000
Company 2 :- Using Expanded accounting equation
Assets = Liabilities + Common stock - Dividend + Revenue - Expenses
Let us assume missing Dividend amount as ' Y '
$93,500 = $35,500 + $51,000 - Y + $31,000 - $21,500
$93,500 = $96,000 - Y
Y = $96,000 - $93,500
Y = $2,500
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13.59 2. Use the expanded accounting equation to compute the missing financial statement amounts. Dividends Revenues...
2. Use the expanded accounting equation to compute the missing financial statement amounts Company 1 Revenues...
2. Use the expanded accounting equation to compute the missing financial statement amounts Company 1 Revenues Assets $ 58,000 S 97 100- Liabilities s 20,500 $ 36,500 Common Stock $ 29,000 - $ 53.000 - Dividends $ 0 - Expenses $ 12.500 $ 22.500 2 + 33,000 -
1. Use the accounting equation to compute the missing financial statement amounts. 1 2 3 $...
1. Use the accounting equation to compute the missing financial statement amounts. 1 2 3 $ $ $ 90,000 = 117,500 = 115,000 = $ $ $ 42,500 + 32,500 + 35,000 + $ $ $ 47,500 85,000 80,000 aces 2. Use the expanded accounting equation to compute the missing financial statement amounts. DIV Company 1 2 $ $ Assets - 70,000 - 108,500 - Liabilities $ 23,500 $ 39,500 + + Common Stock $ 35,000 $ 69,000 Revenues -...
1. Use the accounting equation to compute the missing financial statement amounts +46,500 $ 31,500$83,000 88,0001...
1. Use the accounting equation to compute the missing financial statement amounts +46,500 $ 31,500$83,000 88,0001 = 33,000- S 111,000 33,000+ ok 2. Use the expanded accounting equation to compute the missing financial statement amounts. Company Assets Liabilities Common Dividends Revenues Expenses S 66.000 22.500 S 33,000$ 104,700S 38,500S 57,000 S 14,500 S 37.00024,500
QS 1-8 Applying the accounting equation LO A1 1. Use the accounting equation to compute the...
QS 1-8 Applying the accounting equation LO A1 1. Use the accounting equation to compute the missing financial statement amounts. 2. Use the expanded accounting equation to compute the missing financial statement amounts. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Use the expanded accounting equation to compute the missing financial statement amounts. Assets Company Revenues Equity Dividends S - $ Liabilities • $ 17,500 - S 33,500 - Common Stock - 5...
1. Use the accounting equation to compute the missing financial statement amounts. Liabilities + Company 1...
1. Use the accounting equation to compute the missing financial statement amounts. Liabilities + Company 1 Assets $ 89,000 - + Equity $ 47.000 $ 84,000 2 $ 32,000 + 34.000 + 3 $ 113.000 - $ 2. Use the expanded accounting equation to compute the missing financial statement amounts. Company Assets Liabilities + Owner, Capital Revenues Owner, Withdrawals $ 0 Expenses 1 $ $ 23,000 + $ $ 68,000 = 106.600 = 34.000 58,000 2 $ $ 15.000 25,000...
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...
QS 1-8 Applying the accounting equation LO A1 1. Use the accounting equation to compute the...
QS 1-8 Applying the accounting equation LO A1 1. Use the accounting equation to compute the missing financial statement amounts. pany Assets LiabilitiesEquity S 92,000 S 48,500 S 33,500 87,000 $ 119,000S 37,000 2. Use the expanded accounting equation to compute the missing financial statement amounts Revenues Expenses Liabilities Owner, Capital $ 24,500$ 37,000$ Assets 16,500 $ 74,000 $41,000 26,500 2 S 112,300S4 40,500s 61,000
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...
Can you help me solve those accounting questions? MAIL UU Versions of Sanchez Corporations financial statements...
Can you help me solve those accounting questions?
MAIL UU Versions of Sanchez Corporations financial statements for two recent years are as follows DE! (Click the icon to view the financial statements.) Requirement 1. Complete Sanchez Corporation's financial statements by determining the missing amounts denoted by the lette dollars. Use parentheses or a minus sign when entering a net decrease in cash) Statement of Retained Earnings Beginning balance 2.730 Net income Dividends Ending balance Balance Sheet Assets Cash Property, plant,...
need help balancing the statement of cash flow 2- me ) = Insert Page Layout Formulas...
need help balancing the statement of cash flow
2- me ) = Insert Page Layout Formulas Data Final Milestone - Review View Ariel - 12 - - A - / U - - A ormat Painter ard Wrap Test Merge & Center S. . 1 Conditional Format Formatting Table Normal Check Cell . Font Alignment Warning Automatic update of links has been disabled Options - Peyton Approved Peyton Approved Balance Sheet As of December 31, 2017 Assets Current Assets: Cash...
2. Use the expanded accounting equation to compute the missing financial statement amounts Company 1 Revenues Assets $ 58,000 S 97 100- Liabilities s 20,500 $ 36,500 Common Stock $ 29,000 - $ 53.000 - Dividends $ 0 - Expenses $ 12.500 $ 22.500 2 + 33,000 -
1. Use the accounting equation to compute the missing financial statement amounts. 1 2 3 $ $ $ 90,000 = 117,500 = 115,000 = $ $ $ 42,500 + 32,500 + 35,000 + $ $ $ 47,500 85,000 80,000 aces 2. Use the expanded accounting equation to compute the missing financial statement amounts. DIV Company 1 2 $ $ Assets - 70,000 - 108,500 - Liabilities $ 23,500 $ 39,500 + + Common Stock $ 35,000 $ 69,000 Revenues -...
1. Use the accounting equation to compute the missing financial statement amounts +46,500 $ 31,500$83,000 88,0001 = 33,000- S 111,000 33,000+ ok 2. Use the expanded accounting equation to compute the missing financial statement amounts. Company Assets Liabilities Common Dividends Revenues Expenses S 66.000 22.500 S 33,000$ 104,700S 38,500S 57,000 S 14,500 S 37.00024,500
QS 1-8 Applying the accounting equation LO A1 1. Use the accounting equation to compute the missing financial statement amounts. 2. Use the expanded accounting equation to compute the missing financial statement amounts. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Use the expanded accounting equation to compute the missing financial statement amounts. Assets Company Revenues Equity Dividends S - $ Liabilities • $ 17,500 - S 33,500 - Common Stock - 5...
1. Use the accounting equation to compute the missing financial statement amounts. Liabilities + Company 1 Assets $ 89,000 - + Equity $ 47.000 $ 84,000 2 $ 32,000 + 34.000 + 3 $ 113.000 - $ 2. Use the expanded accounting equation to compute the missing financial statement amounts. Company Assets Liabilities + Owner, Capital Revenues Owner, Withdrawals $ 0 Expenses 1 $ $ 23,000 + $ $ 68,000 = 106.600 = 34.000 58,000 2 $ $ 15.000 25,000...
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...
QS 1-8 Applying the accounting equation LO A1 1. Use the accounting equation to compute the missing financial statement amounts. pany Assets LiabilitiesEquity S 92,000 S 48,500 S 33,500 87,000 $ 119,000S 37,000 2. Use the expanded accounting equation to compute the missing financial statement amounts Revenues Expenses Liabilities Owner, Capital $ 24,500$ 37,000$ Assets 16,500 $ 74,000 $41,000 26,500 2 S 112,300S4 40,500s 61,000
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...
Can you help me solve those accounting questions?
MAIL UU Versions of Sanchez Corporations financial statements for two recent years are as follows DE! (Click the icon to view the financial statements.) Requirement 1. Complete Sanchez Corporation's financial statements by determining the missing amounts denoted by the lette dollars. Use parentheses or a minus sign when entering a net decrease in cash) Statement of Retained Earnings Beginning balance 2.730 Net income Dividends Ending balance Balance Sheet Assets Cash Property, plant,...
need help balancing the statement of cash flow
2- me ) = Insert Page Layout Formulas Data Final Milestone - Review View Ariel - 12 - - A - / U - - A ormat Painter ard Wrap Test Merge & Center S. . 1 Conditional Format Formatting Table Normal Check Cell . Font Alignment Warning Automatic update of links has been disabled Options - Peyton Approved Peyton Approved Balance Sheet As of December 31, 2017 Assets Current Assets: Cash...
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