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No full trial balance is provideed only total column is shown in this unadjusted trial balance
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Back Financial Statements Homework - Ch 4.xlsx UTB AJE ATB FS CJE Accounting Cycle GJE GL...
1:40 PM Fri Sep 18 10% <Back Accounting Cycle GJE Financial Statements Homework - Ch 4.xlsx...
1:40 PM Fri Sep 18 10% <Back Accounting Cycle GJE Financial Statements Homework - Ch 4.xlsx GL AJE ATB FS CJE STEP 1: Analyze STEP 2: Journalized the Transactions UTB Green Neighbors is a gardning service company in Bakersfield. On May 1, the carryover balance in the accounts were as follow: Cash $5,300; Accounts Receivable $700; Supplies S1,200; Building $50,000; Accounts Payable $1,200; Common Stock $56.000. Below is the Chart of Accounts for Green Neighbors: Liabilities Accounts Payable Uneamed Revenue...
Do all parts A-i The Accounting Cycle: Statements and Closing Entries Chapter 6 Case Study CS-1...
Do all parts A-i
The Accounting Cycle: Statements and Closing Entries Chapter 6 Case Study CS-1 LO 1 2 3 4 Grindstone Paving provides residential and commercial paving services. Its balance sheet at the end of June 2018 is shown below, along with its chart of accounts Grindstone Paving Balance Sheet As at June 30, 2018 Assets Liabilities Cash $7.580 Accounts Payable $15,800 Accounts Receivable 6,000 Unearned Revenue 6,200 Prepaid Insurance 1,800 Notes Payable 22.000 Equipment 55,000 Total Liabilities 44,000...
#6,7,8 Comple P4-31A Completing the accounting cycle from adiusting entries to post-closing trial balance with an...
#6,7,8
Comple P4-31A Completing the accounting cycle from adiusting entries to post-closing trial balance with an optional worksheet The unadjusted trial balance of Williamson Anvils at December 31, 2016, and the data for the adjustments follow: WILLIAMSON ANVILS Unadjusted Trial Balance December 31, 2016 Balance Debit Credit $ 16,370 16,500 2.530 1,800 29,000 5 10,000 6,600 Account Title Cash Accounts Receivable Prepaid Rent Office Supplies Equipment Accumulated Depreciation Equipment Accounts Payable Salaries Payable Unearned Revenue Williamson, Capital Williamson, Withdrawals Service...
Completing the Accounting Cycle 229 Learning Objectives 1, 2, 3. 4. 5.6 P4-31A Completing the accounting...
Completing the Accounting Cycle 229 Learning Objectives 1, 2, 3. 4. 5.6 P4-31A Completing the accounting cycle from adjusting entries to post-closing trial balance with an optional worksheet The uradjusted trial balance of Williamson Anvils at December 31, 2016, and the data for the adjustments follow: 5. Net Income 519,890 WILLIAMSON ANVILS Unadjusted Trial Balance December 31, 2016 Account Title Cash Balance Debit Credit $ 16,370 16,500 2.530 1,800 29,000 $ 10,000 6.600 Accounts Receivable Prepaid Rent Office Supplies Equipment...
Exercise 7-21 Complete the accounting cycle using long-term asset transactions (L07-4, 7-7) (GL) On January 1,...
Exercise 7-21 Complete the accounting cycle using long-term asset transactions (L07-4, 7-7) (GL) On January 1, 2021, the general ledger of TNT Fireworks includes the following account balances: Credit Debit $ 58,900 25,400 $ 2,400 Accounts Cash Accounts Receivable Allowance for Uncollectible Accounts Inventory Notes Receivable (52, due in 2 years) Land Accounts Payable Common Stock Retained Earnings Totals 36,500 14,400 157,000 15,000 222,000 52,800 $292,200 $ 292,200 During January 2021, the following transactions occur January 1 Purchase equipment for...
Exercise 3-20A Record transactions and prepare adjusting entries, adjusted trial balance, financial statements, and closing entries...
Exercise 3-20A Record transactions and prepare adjusting entries, adjusted trial balance, financial statements, and closing entries (LO3-3, 3-4, 3-5, 3-6, 3-7) (GL) On January 1, 2021, Red Flash Photography had the following balances: Cash, $20,000; Supplies, $8,800; Land, $68,000; Deferred Revenue, $5,800; Common Stock $58,000; and Retained Earnings, $33,000. During 2021, the company had the following transactions: 1. February 15 Issue additional shares of common stock, $ 28,000. 2. May 20 Provide services to customers for cash, $ 43,000, and...
CH 4 - Homework CengageNOWV2 Onli Calculator Print Item eBook 3 Show Me How Post-Closing Trial...
CH 4 - Homework CengageNOWV2 Onli Calculator Print Item eBook 3 Show Me How Post-Closing Trial Balance An accountant prepared the following post-closing trial balance: La Casa Services Co. Post-Closing Trial Balance March 31, 2019 Debit Balances Credit Balances Cash 14,800 Accounts Receivable 32,860 Supplies 2,070 146,370 Equipment 48,840 17,760 Accumulated Depreciation - Equipment Accounts Payable Salaries Payable Unearned Rent Sonya Flynn, Capital 1,630 6,660 121,210 242,130 150,070 Prepare a corrected post-closing trial balance. Assume that all accounts have normal...
Exercise 3-21A Complete the accounting cycle (LO3-3, 3-4, 3-5, 3-6) (GL) On January 1, 2021, the...
Exercise 3-21A Complete the accounting cycle (LO3-3, 3-4, 3-5,
3-6) (GL)
On January 1, 2021, the general ledger of Dynamite Fireworks
includes the following account balances:
Accounts
Debit
Credit
Cash
$
24,300
Accounts Receivable
5,700
Supplies
3,600
Land
55,000
Accounts Payable
$
3,700
Common Stock
70,000
Retained Earnings
14,900
Totals
$
88,600
$
88,600
During January 2021, the following transactions occur:
January
2
Purchase rental space for one year in advance, $7,500
($625/month).
January
9
Purchase additional supplies on account,...
Problem 3-9A Complete the full accounting cycle (LO3-3, 3-4, 3-5, 3-6, 3-7) (GL) The general ledger...
Problem 3-9A Complete the full accounting cycle (LO3-3, 3-4, 3-5, 3-6, 3-7) (GL) The general ledger of Zips Storage at January 1, 2021, Includes the following account balances: Credits Debits $ 24,700 15.500 12,200 149,000 Accounts cash Accounts Receivable Prepaid Insurance Land Accounts Payable Deferred Revenue Common Stock Retained Earnings Totals $ 6,800 5.900 144.000 44,700 $201,400 $201,400 The following is a summary of the transactions for the year: 1. January 9 Provide storage services for cash, $135, 100, and...
Problem 4-1A Applying the accounting cycle LO C2, P2, P3 On April 1, Jiro Nozomi created...
Problem 4-1A Applying the accounting cycle LO C2, P2, P3 On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month. April 1 Nozomi invested $40,000 cash and computer equipment worth $25,000 in the company. 2 The company rented furnished office space by paying $2,400 cash for the first month's (April) rent. 3 The company purchased $1,200 of office supplies for cash. 10 The company paid $2,000 cash for the...
1:40 PM Fri Sep 18 10% <Back Accounting Cycle GJE Financial Statements Homework - Ch 4.xlsx GL AJE ATB FS CJE STEP 1: Analyze STEP 2: Journalized the Transactions UTB Green Neighbors is a gardning service company in Bakersfield. On May 1, the carryover balance in the accounts were as follow: Cash $5,300; Accounts Receivable $700; Supplies S1,200; Building $50,000; Accounts Payable $1,200; Common Stock $56.000. Below is the Chart of Accounts for Green Neighbors: Liabilities Accounts Payable Uneamed Revenue...
Do all parts A-i
The Accounting Cycle: Statements and Closing Entries Chapter 6 Case Study CS-1 LO 1 2 3 4 Grindstone Paving provides residential and commercial paving services. Its balance sheet at the end of June 2018 is shown below, along with its chart of accounts Grindstone Paving Balance Sheet As at June 30, 2018 Assets Liabilities Cash $7.580 Accounts Payable $15,800 Accounts Receivable 6,000 Unearned Revenue 6,200 Prepaid Insurance 1,800 Notes Payable 22.000 Equipment 55,000 Total Liabilities 44,000...
#6,7,8
Comple P4-31A Completing the accounting cycle from adiusting entries to post-closing trial balance with an optional worksheet The unadjusted trial balance of Williamson Anvils at December 31, 2016, and the data for the adjustments follow: WILLIAMSON ANVILS Unadjusted Trial Balance December 31, 2016 Balance Debit Credit $ 16,370 16,500 2.530 1,800 29,000 5 10,000 6,600 Account Title Cash Accounts Receivable Prepaid Rent Office Supplies Equipment Accumulated Depreciation Equipment Accounts Payable Salaries Payable Unearned Revenue Williamson, Capital Williamson, Withdrawals Service...
Completing the Accounting Cycle 229 Learning Objectives 1, 2, 3. 4. 5.6 P4-31A Completing the accounting cycle from adjusting entries to post-closing trial balance with an optional worksheet The uradjusted trial balance of Williamson Anvils at December 31, 2016, and the data for the adjustments follow: 5. Net Income 519,890 WILLIAMSON ANVILS Unadjusted Trial Balance December 31, 2016 Account Title Cash Balance Debit Credit $ 16,370 16,500 2.530 1,800 29,000 $ 10,000 6.600 Accounts Receivable Prepaid Rent Office Supplies Equipment...
Exercise 7-21 Complete the accounting cycle using long-term asset transactions (L07-4, 7-7) (GL) On January 1, 2021, the general ledger of TNT Fireworks includes the following account balances: Credit Debit $ 58,900 25,400 $ 2,400 Accounts Cash Accounts Receivable Allowance for Uncollectible Accounts Inventory Notes Receivable (52, due in 2 years) Land Accounts Payable Common Stock Retained Earnings Totals 36,500 14,400 157,000 15,000 222,000 52,800 $292,200 $ 292,200 During January 2021, the following transactions occur January 1 Purchase equipment for...
Exercise 3-20A Record transactions and prepare adjusting entries, adjusted trial balance, financial statements, and closing entries (LO3-3, 3-4, 3-5, 3-6, 3-7) (GL) On January 1, 2021, Red Flash Photography had the following balances: Cash, $20,000; Supplies, $8,800; Land, $68,000; Deferred Revenue, $5,800; Common Stock $58,000; and Retained Earnings, $33,000. During 2021, the company had the following transactions: 1. February 15 Issue additional shares of common stock, $ 28,000. 2. May 20 Provide services to customers for cash, $ 43,000, and...
CH 4 - Homework CengageNOWV2 Onli Calculator Print Item eBook 3 Show Me How Post-Closing Trial Balance An accountant prepared the following post-closing trial balance: La Casa Services Co. Post-Closing Trial Balance March 31, 2019 Debit Balances Credit Balances Cash 14,800 Accounts Receivable 32,860 Supplies 2,070 146,370 Equipment 48,840 17,760 Accumulated Depreciation - Equipment Accounts Payable Salaries Payable Unearned Rent Sonya Flynn, Capital 1,630 6,660 121,210 242,130 150,070 Prepare a corrected post-closing trial balance. Assume that all accounts have normal...
Exercise 3-21A Complete the accounting cycle (LO3-3, 3-4, 3-5,
3-6) (GL)
On January 1, 2021, the general ledger of Dynamite Fireworks
includes the following account balances:
Accounts
Debit
Credit
Cash
$
24,300
Accounts Receivable
5,700
Supplies
3,600
Land
55,000
Accounts Payable
$
3,700
Common Stock
70,000
Retained Earnings
14,900
Totals
$
88,600
$
88,600
During January 2021, the following transactions occur:
January
2
Purchase rental space for one year in advance, $7,500
($625/month).
January
9
Purchase additional supplies on account,...
Problem 3-9A Complete the full accounting cycle (LO3-3, 3-4, 3-5, 3-6, 3-7) (GL) The general ledger of Zips Storage at January 1, 2021, Includes the following account balances: Credits Debits $ 24,700 15.500 12,200 149,000 Accounts cash Accounts Receivable Prepaid Insurance Land Accounts Payable Deferred Revenue Common Stock Retained Earnings Totals $ 6,800 5.900 144.000 44,700 $201,400 $201,400 The following is a summary of the transactions for the year: 1. January 9 Provide storage services for cash, $135, 100, and...
Problem 4-1A Applying the accounting cycle LO C2, P2, P3 On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month. April 1 Nozomi invested $40,000 cash and computer equipment worth $25,000 in the company. 2 The company rented furnished office space by paying $2,400 cash for the first month's (April) rent. 3 The company purchased $1,200 of office supplies for cash. 10 The company paid $2,000 cash for the...
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