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Problem 2-7A Preparing an income statement, statement of retained earnings, and balance sheet. LO РЗ Angela...
Problem 2-7A Preparing an income statement, statement of retained earnings, and balance sheet. LO РЗ Angela Lopez owns and manages a consulting firm called Metrix, which began operations on March 1. On March 31, Metrix shows the following selected accounts and amounts for the month of March. polnts $ 1,900 $ 6,000 Office supplies Rental revenue Equipment Salaries expense Consulting revenue Cash Utilities expense eBook 3,400 14,000 8,800 900 Advertising expense Prepaid insurance Accounts payable 480 1,400 2,580 2,900 2,400...
Problem 2-7A Preparing an income statement, statement of retained earnings, and balance sheet. LO P3 Angela...
Problem 2-7A Preparing an income statement, statement of retained earnings, and balance sheet. LO P3 Angela Lopez owns and manages a consulting firm called Metrix, which began operations on March 1. On March 31, Metrix shows the following selected accounts and amounts for the month of March. Equipment Salaries expense Consulting revenue Cash Utilities expense Note payable Accounts receivable Common stock Dividends $ 5,500 3,300 13,500 8,600 260 2,700 3,800 12,800 2,300 Office supplies Rental revenue Advertising expense Prepaid insurance...
Angela Lopez owns and manages a consulting firm called Metrix, which began operations on March 1
Angela Lopez owns and manages a consulting firm called Metrix, which began operations on March 1. On March 31, Metrix shows the following selected accounts and amounts for the month of March. Equipment$9,500office supplies$2,600Salaries expense4,100Rental revenue1,600Consulting revenue17,500Advertising expense620Cash10,200Prepaid insurance2,100Utilities expense420Accounts payable4,820Note payable3,500Note receivable3,600Accounts receivable4,600Rent expense3,100Common stock16,000Unearned revenue520Dividends3,100Required: 1. Prepare a March income statement for the business. 2. Prepare a March statement of retained earnings. The Retained Earnings account balance at March 1 was $0. 3. Prepare a March 31 balance sheet. Hint: Use the...
Homework Saved Help Save & Exit Submi Problem 2-7A Preparing an income statement, statement of retained...
Homework Saved Help Save & Exit Submi Problem 2-7A Preparing an income statement, statement of retained earnings, and balance sheet. LO P3 Angela Lopez owns and manages a consulting firm called Metrix, which began operations on March 1. On March 31, Metrix shows the following selected accounts and amounts for the month of March. Equipment Salaries expense Consulting revenue Cash Utilities expense Note payable Accounts receivable Common stock Dividends $ 7,500 3,700 15,500 9,400 340 3,100 4,200 14,400 2,700 Office...
1 Angela Lopez owns and manages a consulting firm called Metrix, which began operations on March...
1 Angela Lopez owns and manages a consulting firm called Metrix, which began operations on March 1. On March 31, Metrix shows the following selected accounts and amounts for the month of March $2,500 1.500 600 8 01:20 Equipment Salaries expense Consulting revenge Cash Utilities expense Note payable Accounts receivable Common stock Dividende 2,000 $ 9.000 4,000 17,000 10,000 400 3.400 4,500 15,600 3.000 Office supplies Rental revenue Advertising expense Prepaid insurance Accounts payable Note receivable Rent expense Unearned revenue...
Angela Lopez owns and manages a consulting firm called Metrix, which began operations on March 1
Angela Lopez owns and manages a consulting firm called Metrix, which began operations on March 1. On March 31, the company's records show the following accounts and amounts for the month of March. Equipment$9,000Office supplies$2,500Salaries expense4,000Rental revenue1,500Consulting revenue17,000Advertising expense600Cash10,000Prepaid insurance2,000Utilities expense400Accounts payable4,500Note payable3,400Note receivable3,500Accounts receivable4,500Rent expense3,000A. Lopez, Withdrawals3,000Unearned revenue500Required: 1. Prepare a March income statement for the business. 2. Prepare a March statement of owner's equity. The owner's capital account balance at February 28 was $0, and the owner invested $15,600 cash in...
Says my answers are incomplete Tableau DA 2-3: Mini-Case, Preparing an income statement, statement of retained...
Says my answers are incomplete
Tableau DA 2-3: Mini-Case, Preparing an income statement, statement of retained earnings, and balance sheet LO P3 Maria Gomez owns and manages a consulting firm called Accel, which began operations on December 1. She asks us to assist her wi some financial reporting questions On December 31 we are provided with a Tableau Dashboard that includes selected accounts ance amounts for the month of December Assets Liabilities $14,000 $12,000 Notes Payable $10,000 Unearne Revenue $9,000...
operating activity Exercise 1-3 Use the following accounts and information to prepare, in good form, an...
operating activity
Exercise 1-3 Use the following accounts and information to prepare, in good form, an income statement and a retained earnings statement, for the month of August and a balance sheet at August 31, 2017 for Pierce Industries. Accounts payable Accounts receivable Buildings Cash Service revenue Common stock 1,100 5,400 63,000 18,600 25,700 52,000 25,900 Dividends Insurance expense Supplies Notes payable Rent expense Salaries and wages expense $ 3,000 1,200 1,400 3,300 3,400 12,000 Retained earnings (beginning)
6. Use the following accounts and information to prepare, in good form, an income statement and...
6. Use the following accounts and information to prepare, in good form, an income statement and a retained earnings statement for the month of August and a balance sheet at August 31, 2014 for Pierce Industries. Accounts payable Accounts receivable Buildings Cash Service revenue Common stock $ 1,100 5,400 63,000 18,600 25,700 52,000 Dividends Insurance expense Supplies Notes payable Rent expense Salaries and wages expense $3,000 1,200 1,400 3,300 3,400 12,000 25,900 Retained earnings (beginning) END
The trial balance columns of the worksheet for Monty at March 31, 2019, are as follows....
The trial balance columns of the worksheet for Monty at March 31, 2019, are as follows. Cr. Monty Worksheet For the Month Ended March 31, 2019 Trial Balance Account Titles Dr. Cash 4,800 Accounts Receivable 3,000 Supplies 2,500 Equipment 11,440 Accumulated Depreciation, 1,300 Equipment Accounts Payable 2,400 Unearned Service Revenue 700 Common Stock 11,020 Retained Earnings 3,100 Dividends 1,100 Service Revenue 6,000 Salaries and Wages Expense 1,300 Miscellaneous Expense 380 24,520 24,520 Other data: 1. A physical count reveals only...
Problem 2-7A Preparing an income statement, statement of retained earnings, and balance sheet. LO РЗ Angela Lopez owns and manages a consulting firm called Metrix, which began operations on March 1. On March 31, Metrix shows the following selected accounts and amounts for the month of March. polnts $ 1,900 $ 6,000 Office supplies Rental revenue Equipment Salaries expense Consulting revenue Cash Utilities expense eBook 3,400 14,000 8,800 900 Advertising expense Prepaid insurance Accounts payable 480 1,400 2,580 2,900 2,400...
Problem 2-7A Preparing an income statement, statement of retained earnings, and balance sheet. LO P3 Angela Lopez owns and manages a consulting firm called Metrix, which began operations on March 1. On March 31, Metrix shows the following selected accounts and amounts for the month of March. Equipment Salaries expense Consulting revenue Cash Utilities expense Note payable Accounts receivable Common stock Dividends $ 5,500 3,300 13,500 8,600 260 2,700 3,800 12,800 2,300 Office supplies Rental revenue Advertising expense Prepaid insurance...
Homework Saved Help Save & Exit Submi Problem 2-7A Preparing an income statement, statement of retained earnings, and balance sheet. LO P3 Angela Lopez owns and manages a consulting firm called Metrix, which began operations on March 1. On March 31, Metrix shows the following selected accounts and amounts for the month of March. Equipment Salaries expense Consulting revenue Cash Utilities expense Note payable Accounts receivable Common stock Dividends $ 7,500 3,700 15,500 9,400 340 3,100 4,200 14,400 2,700 Office...
1 Angela Lopez owns and manages a consulting firm called Metrix, which began operations on March 1. On March 31, Metrix shows the following selected accounts and amounts for the month of March $2,500 1.500 600 8 01:20 Equipment Salaries expense Consulting revenge Cash Utilities expense Note payable Accounts receivable Common stock Dividende 2,000 $ 9.000 4,000 17,000 10,000 400 3.400 4,500 15,600 3.000 Office supplies Rental revenue Advertising expense Prepaid insurance Accounts payable Note receivable Rent expense Unearned revenue...
Says my answers are incomplete
Tableau DA 2-3: Mini-Case, Preparing an income statement, statement of retained earnings, and balance sheet LO P3 Maria Gomez owns and manages a consulting firm called Accel, which began operations on December 1. She asks us to assist her wi some financial reporting questions On December 31 we are provided with a Tableau Dashboard that includes selected accounts ance amounts for the month of December Assets Liabilities $14,000 $12,000 Notes Payable $10,000 Unearne Revenue $9,000...
operating activity
Exercise 1-3 Use the following accounts and information to prepare, in good form, an income statement and a retained earnings statement, for the month of August and a balance sheet at August 31, 2017 for Pierce Industries. Accounts payable Accounts receivable Buildings Cash Service revenue Common stock 1,100 5,400 63,000 18,600 25,700 52,000 25,900 Dividends Insurance expense Supplies Notes payable Rent expense Salaries and wages expense $ 3,000 1,200 1,400 3,300 3,400 12,000 Retained earnings (beginning)
6. Use the following accounts and information to prepare, in good form, an income statement and a retained earnings statement for the month of August and a balance sheet at August 31, 2014 for Pierce Industries. Accounts payable Accounts receivable Buildings Cash Service revenue Common stock $ 1,100 5,400 63,000 18,600 25,700 52,000 Dividends Insurance expense Supplies Notes payable Rent expense Salaries and wages expense $3,000 1,200 1,400 3,300 3,400 12,000 25,900 Retained earnings (beginning) END
The trial balance columns of the worksheet for Monty at March 31, 2019, are as follows. Cr. Monty Worksheet For the Month Ended March 31, 2019 Trial Balance Account Titles Dr. Cash 4,800 Accounts Receivable 3,000 Supplies 2,500 Equipment 11,440 Accumulated Depreciation, 1,300 Equipment Accounts Payable 2,400 Unearned Service Revenue 700 Common Stock 11,020 Retained Earnings 3,100 Dividends 1,100 Service Revenue 6,000 Salaries and Wages Expense 1,300 Miscellaneous Expense 380 24,520 24,520 Other data: 1. A physical count reveals only...
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