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Homework Answers
Journal Entry F
| Account titles & explanation | Debit | Credit |
| Dividend | 9700 | |
| Cash | 9700 |
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Required information [The following information applies to the questions displayed...
Required information [The following information applies to the questions displayed below.] At the beginning of Year...
Required information [The following information applies to the questions displayed below.] At the beginning of Year 1, Oak Consulting had the following normal balances in its accounts: Account Balance Cash $ 29,200 Accounts receivable 16,400 Accounts payable 12,200 Common stock 20,200 Retained earnings 13,200 The following events apply to Oak Consulting for Year 1: Provided $74,500 of services on account. Incurred $3,000 of operating expenses on account. Collected $50,000 of accounts receivable. Paid $36,000 cash for salaries expense. Paid $13,680...
(The following information applies to the questions displayed below.] At the beginning of Year 2, Oak...
(The following information applies to the questions displayed below.] At the beginning of Year 2, Oak Consulting had the following normal balances in its accounts: Part 1 of 4 Account Cash Accounts receivable Accounts payable Common stock Retained earnings Balance $ 26,900 18,600 10,800 23,400 11,300 Skipped The following events apply to Oak Consulting for Year 2: eBook Hint 1. Provided $68,000 of services on account. 2. Incurred $3,100 of operating expenses on account. 3. Collected $49,500 of accounts receivable....
Exercise 3-22A Recording events in the general journal, posting to T-accounts, and preparing closing entries LO 3-1, 3-2, 3-3, 3-4 [The following information applies to the questions displayed below.] At the beginning of Year 2, Oak Consulting had the f
Exercise 3-22A Recording events in the general journal, posting to T-accounts, and preparing closing entries LO 3-1, 3-2, 3-3, 3-4[The following information applies to the questions displayed below.] At the beginning of Year 2, Oak Consulting had the following normal balances in its accounts: AccountBalanceCash$30,400Accounts receivable23,500Accounts payable12,300Common stock30,100Retained earnings11,500 The following events apply to Oak Consulting for Year 2: Provided $65,100 of services on account.Incurred $2,500 of operating expenses on account.Collected $45,500 of accounts receivable.Paid $39,800 cash for salaries expense.Paid $13,320 cash as a...
HW Saved Help Save & E Che Required information (The following information applies to the questions...
HW Saved Help Save & E Che Required information (The following information applies to the questions displayed below.) At the beginning of Year 2, Oak Consulting had the following normal balances in its accounts: Account Cash Accounts receivable Accounts payable Common stock Retained earnings Balance $ 31,400 20,400 14.100 25,600 12,100 The following events apply to Oak Consulting for Year 2: 1. Provided $73,800 of services on account. 2. Incurred $3,400 of operating expenses on account. 3. Collected $45,300 of...
! Required information [The following i ormation applies to the questions displayed below.) At the beginning...
! Required information [The following i ormation applies to the questions displayed below.) At the beginning of Year 2, Oak Consulting had the following normal balances in its accounts: Account Cash Accounts receivable Accounts payable Common stock Retained earnings Balance $ 42,000 25,000 8,400 24,000 34,600 The following events apply to Oak Consulting for Year 2: 1. Provided $185,000 of services on account 2. Incurred $45,800 of operating expenses on account. 3. Collected $140,000 of accounts receivable. 4. Paid $120,000...
mapter 3: Extra Practice Required information The following information applies to the questions displayed below! At...
mapter 3: Extra Practice Required information The following information applies to the questions displayed below! At the beginning of Year 2, Oak Consulting had the following normal balances in its accounts: rt 4 of 4 Account $ Accounts receivable Accounts payable Common stock Retained earnings Balance 25,600 21,800 13,700 20,800 12.NO 02:55.07 The following events apply to Oak Consulting for Year 2 eBook Hint Terences 1. Provided $65,400 of services on account. 2. Incurred $2,900 of operating expenses on account....
entries LO 13-1, 13-2, 13-3, 13-4 [The following information applies to the questions displayed below.) At...
entries LO 13-1, 13-2, 13-3, 13-4 [The following information applies to the questions displayed below.) At the beginning of Year 2, Oak Consulting had the following normal balances in its accounts: Account Cash Accounts receivable Accounts payable Common stock Retained earnings Balance $ 28,700 19,700 14,100 21,600 12,700 The following events apply to Oak Consulting for Year 2: 1. Provided $65.600 of services on account. 2. Incurred $3,300 of operating expenses on account. 3. Collected $46,400 of accounts receivable. 4....
The following information applies to the questions displayed below.] At the beginning of 2016, Oak Consulting...
The following information applies to the questions displayed below.] At the beginning of 2016, Oak Consulting had the following normal balances in its accounts: Balance $42,000 Accounts receivable 25,000 8,400 24,000 34,600 nt Cash Accounts payable Common stock Retained earnings The following events apply to Oak's Consulting for 2016: 1. Provided $185,000 of services on account. 2. Incurred $45,800 of operating expenses on account. 3. Collected $140,000 of accounts receivable. 4. Paid $120,000 cash for salaries expense. 5. Paid $31,400...
HW Saved Help Save & Exit Check my Required information (The following information applies to the...
HW Saved Help Save & Exit Check my Required information (The following information applies to the questions displayed below.) At the beginning of Year 2, Oak Consulting had the following normal balances in its accounts: Account Cash Accounts receivable Accounts payable Common stock Retained earnings Balance $ 31,400 20,400 14,100 25,600 12,100 The following events apply to Oak Consulting for Year 2: 1. Provided $73,800 of services on account. 2. Incurred $3,400 of operating expenses on account. 3. Collected $45,300...
[The following information applies to the questions displayed below.] At the beginning of Year 2, Oak...
[The following information applies to the questions
displayed below.]
At the beginning of Year 2, Oak Consulting had the following normal
balances in its accounts:
Account
Balance
Cash
$
31,800
Accounts receivable
20,900
Accounts payable
14,900
Common stock
23,900
Retained earnings
13,900
The following events apply to Oak Consulting for Year 2:
Provided $65,500 of services on account.
Incurred $3,500 of operating expenses on account.
Collected $46,800 of accounts receivable.
Paid $39,100 cash for salaries expense.
Paid $16,560 cash as...
(The following information applies to the questions displayed below.] At the beginning of Year 2, Oak Consulting had the following normal balances in its accounts: Part 1 of 4 Account Cash Accounts receivable Accounts payable Common stock Retained earnings Balance $ 26,900 18,600 10,800 23,400 11,300 Skipped The following events apply to Oak Consulting for Year 2: eBook Hint 1. Provided $68,000 of services on account. 2. Incurred $3,100 of operating expenses on account. 3. Collected $49,500 of accounts receivable....
HW Saved Help Save & E Che Required information (The following information applies to the questions displayed below.) At the beginning of Year 2, Oak Consulting had the following normal balances in its accounts: Account Cash Accounts receivable Accounts payable Common stock Retained earnings Balance $ 31,400 20,400 14.100 25,600 12,100 The following events apply to Oak Consulting for Year 2: 1. Provided $73,800 of services on account. 2. Incurred $3,400 of operating expenses on account. 3. Collected $45,300 of...
! Required information [The following i ormation applies to the questions displayed below.) At the beginning of Year 2, Oak Consulting had the following normal balances in its accounts: Account Cash Accounts receivable Accounts payable Common stock Retained earnings Balance $ 42,000 25,000 8,400 24,000 34,600 The following events apply to Oak Consulting for Year 2: 1. Provided $185,000 of services on account 2. Incurred $45,800 of operating expenses on account. 3. Collected $140,000 of accounts receivable. 4. Paid $120,000...
mapter 3: Extra Practice Required information The following information applies to the questions displayed below! At the beginning of Year 2, Oak Consulting had the following normal balances in its accounts: rt 4 of 4 Account $ Accounts receivable Accounts payable Common stock Retained earnings Balance 25,600 21,800 13,700 20,800 12.NO 02:55.07 The following events apply to Oak Consulting for Year 2 eBook Hint Terences 1. Provided $65,400 of services on account. 2. Incurred $2,900 of operating expenses on account....
entries LO 13-1, 13-2, 13-3, 13-4 [The following information applies to the questions displayed below.) At the beginning of Year 2, Oak Consulting had the following normal balances in its accounts: Account Cash Accounts receivable Accounts payable Common stock Retained earnings Balance $ 28,700 19,700 14,100 21,600 12,700 The following events apply to Oak Consulting for Year 2: 1. Provided $65.600 of services on account. 2. Incurred $3,300 of operating expenses on account. 3. Collected $46,400 of accounts receivable. 4....
The following information applies to the questions displayed below.] At the beginning of 2016, Oak Consulting had the following normal balances in its accounts: Balance $42,000 Accounts receivable 25,000 8,400 24,000 34,600 nt Cash Accounts payable Common stock Retained earnings The following events apply to Oak's Consulting for 2016: 1. Provided $185,000 of services on account. 2. Incurred $45,800 of operating expenses on account. 3. Collected $140,000 of accounts receivable. 4. Paid $120,000 cash for salaries expense. 5. Paid $31,400...
HW Saved Help Save & Exit Check my Required information (The following information applies to the questions displayed below.) At the beginning of Year 2, Oak Consulting had the following normal balances in its accounts: Account Cash Accounts receivable Accounts payable Common stock Retained earnings Balance $ 31,400 20,400 14,100 25,600 12,100 The following events apply to Oak Consulting for Year 2: 1. Provided $73,800 of services on account. 2. Incurred $3,400 of operating expenses on account. 3. Collected $45,300...
[The following information applies to the questions
displayed below.]
At the beginning of Year 2, Oak Consulting had the following normal
balances in its accounts:
Account
Balance
Cash
$
31,800
Accounts receivable
20,900
Accounts payable
14,900
Common stock
23,900
Retained earnings
13,900
The following events apply to Oak Consulting for Year 2:
Provided $65,500 of services on account.
Incurred $3,500 of operating expenses on account.
Collected $46,800 of accounts receivable.
Paid $39,100 cash for salaries expense.
Paid $16,560 cash as...
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