Financial Statements Jose Loder established Bronco Consulting on August 1, 20Y1. The effect of each transaction...
obj. 5 each transaction PR 1-3B Financial statements t income: Jose Loder established Bronco Consulting on August 1, 2018. The effect of $10,900 1. Net and the balances after each transaction for August follow: Stockholders' Equity Assets Liabilities+ Fees Salaries RentAuto Supplies Misc Accounts Accounts Common Cash + Receivable + Supplies = Payable + Stock -Dividends + Earned -Expense-Expense-Expense-Expense-Expense +75,000 A. +75,000 B. Bal. 75,000 С. +92.000 Bal. 167,000 D. -27,000 Bal 140,000 E. 6,000 Bal. 134,000 +9,000 9.000 9,000...
please help me asap... Thanks a lot in advance. Financial Statements Supplies Expense Jose Loder established Bronco Consulting on August 1, 2011. The effect of each transaction and the balances after each transaction for August follow: Assets - Labilities + Stockholders' Equity Cash Accounts Accounts Common + Supplies - Recevable Fees + Salaries Dividends + Rent Auto Payable Stock Earned Expense Expense +75,000 Expense +75,000 b. +9,000 +9,000 Bal. 75,000 9,000 9,000 75,000 C. +92,000 +92,000 Bal. 167,000 9,000 9,000...
Net income: $10.900 PR 1-3B Financial statements Obj. 5 Jose Loder established Bronco Consulting on August 1, 2018. The effect of cach transaction and the balances after each transaction for August follow: Assets Liabilities Accounts Account + Receivable + Supplies - Puyable + Commen Stock +75.000 Stockholders'Equity Fees Sataries Rent Earned - Expense - Expen - Dividends + Auto Supplies Misc -Expense-Expense - Expense Cash +75.000 92,000 92.000 167,000 -7000 -27,000 -27,000 140.000 000 134.000 -27,000 +33,000 75,000 125,000 -...
ANSWER FOR NUMBER 4 Chapter 1 Homework eBook • Calculator 1. EX.01.01 Financial Statements Jose Loder established Bronco Consulting on August 1, 20Y1. The effect of each transaction and the balances after each transaction for August follow: 2. EX.01.04 Assets = Liabilities + Stockholders' Equity 3. EX.01.06 Accounts Cash + Accounts Receivable + Supplies = Common - Dividends + Stock +75,000 Fees Earned Salaries Expense Rent Expense Auto Expense Supplies Expense Misc. Expense Payable 4. EX.01.08 a. +75,000 5. EX.01.11...
ANSWER FOR NUMBER 4 Chapter 1 Homework eBook • Calculator 1. EX.01.01 Financial Statements Jose Loder established Bronco Consulting on August 1, 20Y1. The effect of each transaction and the balances after each transaction for August follow: 2. EX.01.04 Assets = Liabilities + Stockholders' Equity 3. EX.01.06 Accounts Cash + Accounts Receivable + Supplies = Common - Dividends + Stock +75,000 Fees Earned Salaries Expense Rent Expense Auto Expense Supplies Expense Misc. Expense Payable 4. EX.01.08 a. +75,000 5. EX.01.11...
ANSWERS FOR NUMBER 2 Chapter 1 Homework eBook • Calculator ,000 Bal. 40,000 2,900 »UUU RUUU U UU TOUUU UUU -27,00 UU UUU -puu 1. EX.01.01 Required: 2. EX.01.04 1. Prepare an income statement for the month ended August 31, 20Y1. 3. EX.01.06 Bronco Consulting Income Statement For the Month Ended August 31, 20Y1 $ 4. EX.01.08 Fees earned 125,000 5. EX.01.11 Expenses: Salaries expense $ 58,000 6. EX.01.12 Rent expense -27,000 Auto expense 7. EX.01.13 -15,500 ✓ Supplies expense...
increased stockholder 48 Obis and its revenue and The assets and Chapter 1 Introduction to Acourong and Business Briefly explain why issuing common stock and revenues increas equity, while dividents and expenses decreased stockholders' equity 3. Determine the net income for March How much did March transactions increase or decrease stockholders' equiry PR 1-28 Financial statements 1. Net income The assets and liabilities of Wilderness Travel Service on April 30, 2017 and $200.000 esyenses for the year are as follows...
Calculator Financial statements We-Sell Realty was organized as a corporation on August 1, 2017, by the issuance of common stock of $15,000. We Sell Realty is owned and operated The following statements for We-Sell Realty were prepared after its first month of operations: We-Sell Realty Income Statement August 31, 2017 Sales commissions $140,000 Expenses: $87,000 Office salaries expense Rent expense Automobile expense Miscellaneous expense 18,000 7,500 2,200 1,150 Supplies expense Total expenses (115,850) Net income $25,000 Omar Farah Statement of...
Problem V: The following are condensed financial statements for Talley Inc. for the month of August. Solve for all spots marked with a “?*. You may either write or type your answers over the question marks or enter them in the chart on the next page. Talley Inc. Income Statement For the month ended August 31, 20X1 $ 200,000 Service revenue Expenses: $ 60,000 Salaries expense Rent expense Insurance expense 7,000 Utilities expense 2,000 1.000 Miscellaneous expense Total expenses Net...
Carmen Camry operates a consulting firm called Help Today, which began operations on August 1. On August 31, the company's records show the following accounts and amounts for the month of August Cash Accounts receivable Office supplies Land Office equipment Accounts payable $ 25,330 c. Camry, Withdrawals 22,330 Consulting fees earned 5,210 Rent expense 43,930 Salaries expense 19,970 Telephone expense 10,730 Miscellaneous expenses $5,960 26.970 9,510 5,580 80e 499 Exercise 2-17 Preparing a statement of owner's equity LO P3 Use...