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Question 1 Bindy Crawford created a corporation providing legal services, Metlock, Inc., on July 1, 2022....
Bindy Crawford created a corporation providing legal services, Metlock, Inc., on July 1, 2022. On July 31 the balance sheet showed: Cash $4,300; Accounts Receivable $5,300; Supplies $960; Equipment $7,800; Accounts Payable $7,000; Common Stock $9,300; and Retained Earnings $2,060. During August the following transactions occurred. Aug. 1 Collected $1,100 of accounts receivable due from customers, Paid $2,720 cash for accounts payable due. Performed services worth $5,790, of which $3,540 is collected in cash and the balance is due in...
Bindy Crawford created a corporation providing legal services, Splish Brothers Inc., on July 1, 2022. On July 31 the balance sheet showed: Cash $4,700; Accounts Receivable $6,150; Supplies $990; Equipment $8,650; Accounts Payable $7,850; Common Stock $10,550; and Retained Earnings $2,090. During August the following transactions occurred. Aug. 1 Collected $1,150 of accounts receivable due from customers. 4 Paid $2,720 cash for accounts payable due. 9 Performed services worth $6,030, of which $3,570 is collected in cash and the balance...
Problem 3-OSA Bindy Crawford created a corporation providing legal services, Marin Inc., on July 1, 2022. On July 31 the balance sheet showed: Cash $5,300; Accounts Receivable $6,900; Supplies 5730; Lquipment $9,300; Accounts Payable $6.500; Common Stock $11,900; and Retained Earnings $1,830. During August the following transactions occurred. Aug. 1 Collected sl, 150 of accounts receivable due from customers 4 Pald $2.710 cash for accounts payable due. 9 Performed services worth $3,360, of which $3,580 is collected in cash and...
Bindy Crawford created a corporation providing legal services, Kingbird, Inc., on July 1, 2022. On July 31 the balance sheet showed: Cash $6,200; Accounts Receivable $7,500; Supplies $950; Equipment $10,000; Accounts Payable $9.200; Common Stock $13,400, and Retained Earnings $2,050. During August the following transactions occurred. Aug. 1 Collected $1,050 of accounts receivable due from customers. 4 Paid $2,790 cash for accounts payable due 9 Performed services worth $5,720, of which $3,560 is collected in cash and the balance is...
Bindy Crawford created a corporation providing legal services, Windsor, Inc., on July 1, 2022. On July 31 the balance sheet showed: Cash $6,100; Accounts Receivable $6,250; Supplies $950; Equipment $8,750; Accounts Payable $7,950; Common Stock $12,050; and Retained Earnings $2,050. During August the following transactions occurred. Aug. 1 Collected $1,020 of accounts receivable due from customers. 4 Paid $2,650 cash for accounts payable due. 9 Performed services worth $5,430, of which $3,510 is collected in cash and the balance is...
View Policies Current Attempt in Progress Bindy Crawford created a corporation providing legal services, Skysong, Inc., on July 1, 2022. On July 31 the balance sheet showed: Cash $5,700; Accounts Receivable $6,450; Supplies $990; Equipment $8,950; Accounts Payable $8,150; Common Stock $11,850; and Retained Earnings $2,090. During August the following transactions occurred. ng port Collected $1,170 of accounts receivable due from customers. Aug. 1 Paid $2,730 cash for accounts payable due. Performed services worth $6,100, of which $3,500 is collected...
Tot at May 31, 2022. bare an mnings P3.3A (LO 1,2), AP Bindy Crawford created a corporation providing legal service viding legal services, Bindy Crawford $4.000, Accounts Receivable $2,500, GLS Excel Supplies $500, Equipment $5,000, Accounts Payable $4,200, Common Stock $6.200 Earnings $1,600. During August, the following transactions occurred. k $6,200, and Retained Aug. 1 Collected $1,100 of accounts receivable due from customers. 4 Paid $2,700 cash for accounts payable due. 9 Performed services worth $5,400, of which $3,600 is...
equest P Redirect Show Attempt History Current Attempt in Progress Bindy Crawford created a corporation providing legal services, Skysong, Inc., on July 1, 2022. On July 31 the balance sheet showed: Cash $5,700; Accounts Receivable $6,450; Supplies 5990; Equipment $8,950; Accounts Payable $8,150; Common Stock $11,850; and Retained Earnings $2,090. During August the following transactions occurred. Aug. 1 Collected $1,170 of accounts receivable due from customers. 4 Paid $2,730 cash for accounts payable due. 9 Performed services worth 56,100, of...
Reese Inc., a provider of consulting services, was founded on October 1, 2022. At the end of the first month of operations, the company decided to prepare an income statement, retained earnings statement, and balance sheet using the following information. Reese Inc., a provider of consulting services, was founded on October 1, 2022. At the end of the first month of operations, the company decided to prepare an income statement, retained earnings statement, and balance sheet using the following information....
Proper classified balance sheet at May 31, 2022. P3 A 0 1, 2), AP Bindy Crawford created a corporation providing legal services, Bindy. Inc., on July 1, 2022. On July 31 the balance sheet showed Cash $4,000, Accounts Receivable Supplies $500. Equipment $5,000, Accounts Payable $4,200, Common Stock $6,200, and key Earnings $1.600. During August, the following transactions occurred. Aug. 1 4 9 15 Collected $1,100 of accounts receivable due from customers. Paid $2,700 cash for accounts payable due. Performed...