Homework Answers
Total Assets = $99700
Total Liabilities = $2300
Total Stockholder's Equity = $97400
Net Income = $4000-1200 = $2800
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Question Help a. Jordan Davis worked as an accountant at a local accounting firm for five...
Question Help Jordan Davis worked as an accountant at a local accounting firm for five years...
Question Help Jordan Davis worked as an accountant at a local accounting firm for five years after graduating from college. She recently opened her own accounting practice, which she operates as a corporation. The name of the new entity is Davis and Associates, Inc. Jordan experienced the following events during the first month of operations. Some of the events were personal and did not affect the accounting practice. Others were business transactions and should be accounted for by the business...
Question Help Janice Fisk worked as an accountant at a local accounting firm for five years...
Question Help Janice Fisk worked as an accountant at a local accounting firm for five years after graduating from college. She recently opened her own accounting practice, which she operates as a corporation. The name of the new entity is Fisk and Associates, Inc. Janice experienced the following events during the first month of operations. Some of the events were personal and did not affect the accounting practice. Others were business transactions and should be accounted for by the business....
Question Help Janice Fisk worked as an accountant at a local accounting firm for five years...
Question Help Janice Fisk worked as an accountant at a local accounting firm for five years after graduating from college. She recently opened her own accounting practice, which she operates as a corporation. The name of the new entity is Fisk and Associates, Inc. Janice experienced the following events during the frst month of operations. Some of the events were personal and did not affect the accounting practice. Others were business transactions and should be accounted for by the business...
Requirements 1. Analyze the effects of the events on the accounting equation of Aaron Woody CPA....
Requirements 1. Analyze the effects of the events on the accounting equation of Aaron Woody CPA. Use a format similar to Exhibit 1-5. 2. Prepare the following financial statements: a. Income statement. b. Statement of retained earnings. c. Balance sheet bjectives 4, 5 P1-53B Using the accounting equation for transaction analysis and preparing financial statements Aimee Griffin recently opened her own law office, which she operates as a corpo- ration. The name of the new entity is Aimee Griffin, Attorney....
Alana Palmdale recently opened her own law office, which she operates as a corporation. The name...
Alana Palmdale recently opened her own law office, which she operates as a corporation. The name of the new entity is Alana Palmdale, Attorney. Palmdale experienced the following events during the organizing phase of the new business and its first month of operation, March 2016. Some of the events were personal and did not affect the law practice. Others were business transactions and should be accounted for by the business. (Click the icon to view the transactions.) More Info i...
Apr 3: Received $75,000 cash proceeds from refinancing her house. Assets = Liabilities + Cash +...
Apr 3: Received $75,000 cash proceeds from refinancing her house. Assets = Liabilities + Cash + AR + Supplies + Furniture AP + CS Stockholders' equity Retained earnings Revenue Expense Dividends 3) + + Bal Anr 5 75 m. mm en in the Apr 5: $75,000 of common stock in the business was sold to Julia Judge. The cash proceeds were deposited in a new business bank account titled Judge and Associates, Inc Assets Liabilities Stockholders' equity Cash AR •...
pls can you solve problem 46A requirmemt 1 P1-46A Using the accounting equation for transaction analysis...
pls can you solve problem 46A
requirmemt 1
P1-46A Using the accounting equation for transaction analysis and preparing financial statements Annette Pachelo recently opened her own law office on March 1, which she operates as a sole proprietorship. The name of the new entity is Annette Pachelo, Attorney. Pachelo experienced the following events during the organizing phase of the new business and its first month of operation, March 2018. Some of the events were per- sonal and did not affect...
P1-53B Using the accounting equation for transaction analysis and preparing jectives 4, 5 financial statements Abby...
P1-53B Using the accounting equation for transaction analysis and preparing jectives 4, 5 financial statements Abby Perry recently opened her own law office on December 1, which she operates as a sole proprietorship. The name of the new entity is Abby Perry, Attorney. Perry expe- rienced the following events during the organizing phase of the new business and its first month of operation, December 2018. Some of the events were personal and did nor affect the law practice. Cthers were...
P1-46A (similar to) Question Help C Amanda Pandecenty opened her own whice on March 1, which...
P1-46A (similar to) Question Help C Amanda Pandecenty opened her own whice on March 1, which she operates a corporation. The name of the new is Amanda Paide Amy Paide experienced the following events during the orang new business and front of operation March 2018. Some of the events were personal and did not affect the practice Others were businesse s and should be cold for by business Click the loon to view the transactions e of the Requirement Analyse...
Allen Shonton recently opened his own accounting firm on April 1, which he operates as a...
Allen Shonton recently opened his own accounting firm on April 1, which he operates as a corporation. The name of the new entity is Allen Shonton, CPA. Shonton experienced the following events during the organizing phase of the new business and its first month of operations in 2018 Apr. 5 6 7 10 11 12 Shonton deposited $75,000 in a new business bank account titled Allen Shonton, CPA. The business issued common stock to Shonton. Paid $300 cash for letterhead...
Question Help Jordan Davis worked as an accountant at a local accounting firm for five years after graduating from college. She recently opened her own accounting practice, which she operates as a corporation. The name of the new entity is Davis and Associates, Inc. Jordan experienced the following events during the first month of operations. Some of the events were personal and did not affect the accounting practice. Others were business transactions and should be accounted for by the business...
Question Help Janice Fisk worked as an accountant at a local accounting firm for five years after graduating from college. She recently opened her own accounting practice, which she operates as a corporation. The name of the new entity is Fisk and Associates, Inc. Janice experienced the following events during the first month of operations. Some of the events were personal and did not affect the accounting practice. Others were business transactions and should be accounted for by the business....
Question Help Janice Fisk worked as an accountant at a local accounting firm for five years after graduating from college. She recently opened her own accounting practice, which she operates as a corporation. The name of the new entity is Fisk and Associates, Inc. Janice experienced the following events during the frst month of operations. Some of the events were personal and did not affect the accounting practice. Others were business transactions and should be accounted for by the business...
Requirements 1. Analyze the effects of the events on the accounting equation of Aaron Woody CPA. Use a format similar to Exhibit 1-5. 2. Prepare the following financial statements: a. Income statement. b. Statement of retained earnings. c. Balance sheet bjectives 4, 5 P1-53B Using the accounting equation for transaction analysis and preparing financial statements Aimee Griffin recently opened her own law office, which she operates as a corpo- ration. The name of the new entity is Aimee Griffin, Attorney....
Alana Palmdale recently opened her own law office, which she operates as a corporation. The name of the new entity is Alana Palmdale, Attorney. Palmdale experienced the following events during the organizing phase of the new business and its first month of operation, March 2016. Some of the events were personal and did not affect the law practice. Others were business transactions and should be accounted for by the business. (Click the icon to view the transactions.) More Info i...
Apr 3: Received $75,000 cash proceeds from refinancing her house. Assets = Liabilities + Cash + AR + Supplies + Furniture AP + CS Stockholders' equity Retained earnings Revenue Expense Dividends 3) + + Bal Anr 5 75 m. mm en in the Apr 5: $75,000 of common stock in the business was sold to Julia Judge. The cash proceeds were deposited in a new business bank account titled Judge and Associates, Inc Assets Liabilities Stockholders' equity Cash AR •...
pls can you solve problem 46A
requirmemt 1
P1-46A Using the accounting equation for transaction analysis and preparing financial statements Annette Pachelo recently opened her own law office on March 1, which she operates as a sole proprietorship. The name of the new entity is Annette Pachelo, Attorney. Pachelo experienced the following events during the organizing phase of the new business and its first month of operation, March 2018. Some of the events were per- sonal and did not affect...
P1-53B Using the accounting equation for transaction analysis and preparing jectives 4, 5 financial statements Abby Perry recently opened her own law office on December 1, which she operates as a sole proprietorship. The name of the new entity is Abby Perry, Attorney. Perry expe- rienced the following events during the organizing phase of the new business and its first month of operation, December 2018. Some of the events were personal and did nor affect the law practice. Cthers were...
P1-46A (similar to) Question Help C Amanda Pandecenty opened her own whice on March 1, which she operates a corporation. The name of the new is Amanda Paide Amy Paide experienced the following events during the orang new business and front of operation March 2018. Some of the events were personal and did not affect the practice Others were businesse s and should be cold for by business Click the loon to view the transactions e of the Requirement Analyse...
Allen Shonton recently opened his own accounting firm on April 1, which he operates as a corporation. The name of the new entity is Allen Shonton, CPA. Shonton experienced the following events during the organizing phase of the new business and its first month of operations in 2018 Apr. 5 6 7 10 11 12 Shonton deposited $75,000 in a new business bank account titled Allen Shonton, CPA. The business issued common stock to Shonton. Paid $300 cash for letterhead...
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