Homework Answers
Liabilities
= Accounts payable 1730 + Notes payable 4570
= 6,300
Option C is the answer
.
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5,478 "Accumulated Depreciation 1,730 Accounts Payable 4,570 Notes Payable 1,000 Common Stock 8,468 Retained Earnings 700...
Calculator December 31 6,255 2,779 633 14,739 Cash Accounts Receivable Prepaid Expenses Equipment Accumulated Depreciation Accounts...
Calculator December 31 6,255 2,779 633 14,739 Cash Accounts Receivable Prepaid Expenses Equipment Accumulated Depreciation Accounts Payable Notes Payable Common Stock Retained Earnings Dividends Fees Earned Wages Expense Rent Expense Utilities Expense Depreciation Expense Miscellaneous Expense 9,207 1,466 4,449 1,000 4,958 790 8,202 2,543 798 458 182 105 29,282 Totals 29,282 Determine the net income (loss) for the period. Oa. Net income $3,326 Ob. Net loss $3,326 Oc. Net loss $4,116 Od. Net income $4,116 Next > Email Instructor Submit...
Cash 5,161 Accounts Receivable 2,312 Prepaid Expenses 722 Equipment Accumulated Depreciation 13,561 8,903 Accounts Payable !...
Cash 5,161 Accounts Receivable 2,312 Prepaid Expenses 722 Equipment Accumulated Depreciation 13,561 8,903 Accounts Payable ! 1,678 Notes Payable 4,368 1,000 Common Stock Retained Earnings Dividends 1,505 1,000 Fees Earned 7,824 Wages Expense 2,019 Rent Expense 700 Utilities Expense 488 Depreciation Expense 257 Miscellaneous Expense Totals 26,278 26,278 Determine the total liabilities for the period. 11
Calculator Cash 5,996 Accounts Receivable 2,944 752 14,901 Prepaid Expenses Equipment Accumulated Depreciation Accounts Payable Notes...
Calculator Cash 5,996 Accounts Receivable 2,944 752 14,901 Prepaid Expenses Equipment Accumulated Depreciation Accounts Payable Notes Payable 11,251 1,559 Common Stock Retained Earnings Dividends 5,565 1,000 2,477 7,860 2,981 Fees Earned Wages Expense Rent Expense Utilities Expense Depreciation Expense Miscellaneous Expense 729 420 184 101 Totals 29,712 29,712 Determine the total assets.
Stockton Company Adjusted Trial Balance December 31 Cash 6,373 Accounts Receivable 2,824 Prepaid Expenses 727 Equipment...
Stockton Company Adjusted Trial Balance December 31 Cash 6,373 Accounts Receivable 2,824 Prepaid Expenses 727 Equipment 13,608 Accumulated Depreciation 4,676 Accounts Payable 1,412 Notes Payable 5,081 Common Stock 1,000 Retained Earnings 10,166 Dividends 872 Fees Earned 6,130 Wages Expense 2,642 Rent Expense 755 Utilities Expense 390 Depreciation Expense 182 Miscellaneous Expense 92 Totals 28,465 28,465 Determine the retained earnings ending balance. a.$11,166 b.$2,069 c.$11,363 d.$28,465
Stockton Company Adjusted Trial Balance December 31 Cash 5,847 Accounts Receivable 2,572 Prepaid Expenses 703 Equipment...
Stockton Company Adjusted Trial Balance December 31 Cash 5,847 Accounts Receivable 2,572 Prepaid Expenses 703 Equipment 13,888 Accumulated Depreciation 8,034 Accounts Payable 1,792 Notes Payable 4,726 Common Stock 1,000 Retained Earnings 3,608 Dividends 764 Fees Earned 8,471 Wages Expense 2,378 814 Rent Expense Utilities Expense 431 Depreciation Expense 157 Miscellaneous Expense 77 Totals 27,631 27,631 Determine the retained earnings ending balance. $7,458 $4,608 $27,631 $4,614
The following is the adjusted trial balance for Stockton Company. Stockton Company Adjusted Trial Balance December...
The following is the adjusted trial balance for Stockton Company. Stockton Company Adjusted Trial Balance December 31 Cash Accounts Receivable Prepaid Expenses Equipment Accumulated Depreciation Accounts Payable 5,538 2,319 718 13,753 8,084 1,417 Notes Payable 5,701 1,000 Common Stock Retained Earnings Dividends 3,254 960 Fees Earned 8,397 Wages Expense Rent Expense 3,185 797 342 Utilities Expense Depreciation Expense Miscellaneous Expense 174 67 Totals 27,853 27,853 Determine the retained earnings ending balance. a. $27,853 b. $6,126 c. $3,832 d. $4,254
d. the final guies will below to answer the questions that for Use the adjusted trial...
d. the final guies will below to answer the questions that for Use the adjusted trial balance for Stockton Company below to answer th Stockton Company Adjusted Trial Balance December 31 7,530) 2,100 700 13,700 1 1,100 1,900 4,300 1,000 12,940 790 Cash Accounts Receivable Prepaid Expenses Equipment Accumulated Depreciation Accounts Payable Notes Payable Common Stock Retained Earnings Dividends Fees Earned Wages Expense Rent Expense Utilities Expense Depreciation Expense Miscellaneous Expense Totals 9,250 2,500 1,960 7751 - 250 185 30,490...
Stockton Company Adjusted Trial Balance December 31 Cash 5,486 Accounts Receivable 2,180 612 Prepaid Expenses Equipment...
Stockton Company Adjusted Trial Balance December 31 Cash 5,486 Accounts Receivable 2,180 612 Prepaid Expenses Equipment 15,311 Accumulated Depreciation 2,423 Accounts Payable 1,482 4,334 1,000 12,606 940 Notes Payable Common Stock Retained Earnings Dividends Fees Earned Wages Expense Rent Expense Utilities Expense Depreciation Expense Miscellaneous Expense 7,302 3,115 815 435 199 54 Totals 29,147 29,147 Determine the total liabilities for the period. $8,239
The following is the adjusted trial balance for Stockton Company. Stockton Company Adjusted Trial Balance December...
The following is the adjusted trial balance for Stockton Company. Stockton Company Adjusted Trial Balance December 31 Cash 6,095 Accounts Receivable 2,947 Prepaid Expenses 734 Equipment 14,809 Accumulated Depreciation 8,323 Accounts Payable 1,403 Notes Payable 4,681 Common Stock 1,000 Retained Earnings 7,339 Dividends 679 Fees Earned 7,413 Wages Expense 3,322 Rent Expense 845 Utilities Expense 412 Depreciation Expense 207 Miscellaneous Expense 109 Totals 30,159 30,159 Determine the total assets. a.$30,159 b.$16,262 c.$24,585 d.$8,339
The following is the adjusted trial balance for Stockton Company. Stockton Company Adjusted Trial Balance December...
The following is the adjusted trial balance for Stockton Company. Stockton Company Adjusted Trial Balance December 31 Cash 6,930 Accounts Receivable 2,888 Prepaid Expenses 714 Equipment 13,149 Accumulated Depreciation 10,672 Accounts Payable 1,685 Notes Payable 5,436 Common Stock 1,000 Retained Earnings 2,557 Dividends 783 Fees Earned 7,449 Wages Expense 2,782 Rent Expense 874 Utilities Expense 345 Depreciation Expense 258 Miscellaneous Expense 76 Totals 28,799 28,799 Determine the current assets. a.$3,557 b.$28,799 c.$10,532 d.$13,009
Calculator December 31 6,255 2,779 633 14,739 Cash Accounts Receivable Prepaid Expenses Equipment Accumulated Depreciation Accounts Payable Notes Payable Common Stock Retained Earnings Dividends Fees Earned Wages Expense Rent Expense Utilities Expense Depreciation Expense Miscellaneous Expense 9,207 1,466 4,449 1,000 4,958 790 8,202 2,543 798 458 182 105 29,282 Totals 29,282 Determine the net income (loss) for the period. Oa. Net income $3,326 Ob. Net loss $3,326 Oc. Net loss $4,116 Od. Net income $4,116 Next > Email Instructor Submit...
Cash 5,161 Accounts Receivable 2,312 Prepaid Expenses 722 Equipment Accumulated Depreciation 13,561 8,903 Accounts Payable ! 1,678 Notes Payable 4,368 1,000 Common Stock Retained Earnings Dividends 1,505 1,000 Fees Earned 7,824 Wages Expense 2,019 Rent Expense 700 Utilities Expense 488 Depreciation Expense 257 Miscellaneous Expense Totals 26,278 26,278 Determine the total liabilities for the period. 11
Calculator Cash 5,996 Accounts Receivable 2,944 752 14,901 Prepaid Expenses Equipment Accumulated Depreciation Accounts Payable Notes Payable 11,251 1,559 Common Stock Retained Earnings Dividends 5,565 1,000 2,477 7,860 2,981 Fees Earned Wages Expense Rent Expense Utilities Expense Depreciation Expense Miscellaneous Expense 729 420 184 101 Totals 29,712 29,712 Determine the total assets.
Stockton Company Adjusted Trial Balance December 31 Cash 5,847 Accounts Receivable 2,572 Prepaid Expenses 703 Equipment 13,888 Accumulated Depreciation 8,034 Accounts Payable 1,792 Notes Payable 4,726 Common Stock 1,000 Retained Earnings 3,608 Dividends 764 Fees Earned 8,471 Wages Expense 2,378 814 Rent Expense Utilities Expense 431 Depreciation Expense 157 Miscellaneous Expense 77 Totals 27,631 27,631 Determine the retained earnings ending balance. $7,458 $4,608 $27,631 $4,614
The following is the adjusted trial balance for Stockton Company. Stockton Company Adjusted Trial Balance December 31 Cash Accounts Receivable Prepaid Expenses Equipment Accumulated Depreciation Accounts Payable 5,538 2,319 718 13,753 8,084 1,417 Notes Payable 5,701 1,000 Common Stock Retained Earnings Dividends 3,254 960 Fees Earned 8,397 Wages Expense Rent Expense 3,185 797 342 Utilities Expense Depreciation Expense Miscellaneous Expense 174 67 Totals 27,853 27,853 Determine the retained earnings ending balance. a. $27,853 b. $6,126 c. $3,832 d. $4,254
d. the final guies will below to answer the questions that for Use the adjusted trial balance for Stockton Company below to answer th Stockton Company Adjusted Trial Balance December 31 7,530) 2,100 700 13,700 1 1,100 1,900 4,300 1,000 12,940 790 Cash Accounts Receivable Prepaid Expenses Equipment Accumulated Depreciation Accounts Payable Notes Payable Common Stock Retained Earnings Dividends Fees Earned Wages Expense Rent Expense Utilities Expense Depreciation Expense Miscellaneous Expense Totals 9,250 2,500 1,960 7751 - 250 185 30,490...
Stockton Company Adjusted Trial Balance December 31 Cash 5,486 Accounts Receivable 2,180 612 Prepaid Expenses Equipment 15,311 Accumulated Depreciation 2,423 Accounts Payable 1,482 4,334 1,000 12,606 940 Notes Payable Common Stock Retained Earnings Dividends Fees Earned Wages Expense Rent Expense Utilities Expense Depreciation Expense Miscellaneous Expense 7,302 3,115 815 435 199 54 Totals 29,147 29,147 Determine the total liabilities for the period. $8,239
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