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PROBLEM C. The unadjusted trial balance of Inner Shaker Co. (with trade name: Makapangalgal Laman) on...
The unadjusted trial balance of Blue Spruce Corp., a private company following ASPE, at December 31,...
The unadjusted trial balance of Blue Spruce Corp., a private company following ASPE, at December 31, 2020 is as follows: Debit Credit Cash $11,900 Accounts receivable 59,100 Allowance for doubtful accounts $745 FV-NI investments 8,300 Inventory 56,400 Prepaid insurance 2,856 Prepaid rent 11,748 FV-OCI investments 14,200 Bond investment at amortized cost 19,000 Land 10,200 Equipment 110,000 Accumulated depreciation—equipment 16,900 Accounts payable 8,500 Bonds payable 60,000 Common shares 104,400 Retained earnings 100,794 Sales revenue 224,800 Rent revenue 9,600 Purchases 174,500 Purchase...
View Policies Current Attempt in Progress The unadjusted trial balance of Pronghorn Corp, a private company...
View Policies Current Attempt in Progress The unadjusted trial balance of Pronghorn Corp, a private company following ASPE, at December 31, 2020 is as follows Debit Credit $10.750 58,300 $745 8,300 57,400 2,976 11.196 14,750 18.000 10.400 102,500 Cash Accounts receivable Allowance for doubtful accounts FV-Nl investments Inventory Prepaid insurance Prepaid rent FV-OCl investments Bond investment at amortized cost Land Equipment Accumulated depreciation-equipment Accounts payable Bonds payable Common shares Retained earnings Sales revenue Rent revenue Purchases Purchase discounts Freight out...
The unadjusted trial balance of Kingbird, Inc., a private company following ASPE, at December 31, 2020,...
The unadjusted trial balance of Kingbird, Inc., a private company following ASPE, at December 31, 2020, is as follows: Credit Cash Debit $17,690 109,600 $3,380 61,300 Accounts receivable Allowance for doubtful accounts Inventory Prepaid insurance Bond investment at amortized cost Land 4,692 48,000 30,000 150,100 11,890 32,400 5,400 16,600 Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation-equipment Goodwill Accounts payable Bonds payable (20-year, 7%) Common shares Retained earnings Sales revenue Rent revenue Rent expense Supplies expense Purchases 101,900 180,000 120,600 48,847 180,000...
Want post closing trial balance and related t accounts. Thanks COLLEGE COASTERS, INC UNADJUSTED TRIAL BALANCE...
Want post closing trial balance and related t accounts.
Thanks
COLLEGE COASTERS, INC UNADJUSTED TRIAL BALANCE AS OF NOVEMBER 30, 2017 DR CR 10,005 2,000 500 600 700 CASH ACCOUNTS RECEIVABLE INVENTORY PREPAID RENT EQUIPMENT ACCUMULATED DEPRECIATION ACCOUNTS PAYABLE SALARIES &WAGES PAYABLE INCOME TAXES PAYABLE COMMON STOCK RETAINED EARNINGS SALES REVENUE COST OF GOODS SOLD DEPRECIATION EXPENSE INCOME TAX EXPENSE OFFICE EXPENSE RENT EXPENSE SALARIES&WAGES EXPENSE $110 1,500 300 6,500 3,030 15,875 8,900 110 1,400 1,100 2,000 $27,315 27.31S $...
The unadjusted trial balance of Kingbird, Inc., a private company following ASPE, at December 31, 2020,...
The unadjusted trial balance of Kingbird, Inc., a private company following ASPE, at December 31, 2020, is as follows: Credit Cash Debit $17,690 109,600 $3,380 61,300 Accounts receivable Allowance for doubtful accounts Inventory Prepaid insurance Bond investment at amortized cost Land 4,692 48,000 30,000 150,100 11,890 32,400 5,400 16,600 Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation-equipment Goodwill Accounts payable Bonds payable (20-year, 7%) Common shares Retained earnings Sales revenue Rent revenue Rent expense Supplies expense Purchases 101,900 180,000 120,600 48,847 180,000...
can you help andwering e & f G CONSTRUCTION COMPANY Unadjusted Trial Balance December 31, 2030...
can
you help andwering e & f
G CONSTRUCTION COMPANY Unadjusted Trial Balance December 31, 2030 ADJUSTMENTS DEBIT CREDIT CERIT DEBIT CREDIT 210.000 III 18.000 12,500 75.000 124.000 ACCOUNT TITLE Cash Notes Receivable Accounts Recente Inventory 12/31/2020 Prepaid insurance Prepaid Rent Supplies Land Equipment Accum Deprec-Equipment Accounts Payable Unearned Rent Revenue Mortgage Payable (Due 2022) Owner's Capital Owner's Drawings Sales Revenue Sales Returns and Allowances Sales Discount Purchases Purchases and Allowances Purchases Discount Freight-in Rent Expense alaries and Wages Expense...
The unadjusted trial balance of Teal Mountain Inc., a private company following ASPE, at December 31,...
The unadjusted trial balance of Teal Mountain Inc., a private company following ASPE, at December 31, 2020, is as follows: Debit Credit $17,390 104,100 $3,370 61,600 4,720 58,800 28,900 151,600 12,010 Cash Accounts receivable Allowance for doubtful accounts Inventory Prepaid insurance Bond investment at amortized cost Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation equipment Goodwill Accounts payable Bonds payable (20-year, 8%) Common shares Retained earnings Sales revenue Rent revenue 34,200 5,700 16,750 100,600 162,000 116,300 73,440 190,500 11,250 Rent expense...
1.Given: Net Income is: Select one: a. Understated $16 b. Understated $24 c. Overstated $6 d....
1.Given:
Net Income is:
Select one:
a. Understated $16
b. Understated $24
c. Overstated $6
d. Understated $26
e. Understated $10
2.
Case Corp. had accounts payable of $100,000 recorded in the
general ledger as of December 31, 2012. The Accounts Payable
balance included the following recorded purchases on credit:
In Case’s December 31, 2012 balance sheet, the accounts payable
should be reported in the amount of:
Select one:
a. $125,000
b. $92,000
c. $121,000
d. $79,000
e. $75,000
3....
Want to post t accounts and get the post closing trial balance COLLEGE COASTERS, INC UNADJUSTED...
Want to post t accounts and get the post closing trial balance
COLLEGE COASTERS, INC UNADJUSTED TRIAL BALANCE AS OF NOVEMBER 30, 2017 DR CR 10,005 2,000 500 600 700 CASH ACCOUNTS RECEIVABLE INVENTORY PREPAID RENT EQUIPMENT ACCUMULATED DEPRECIATION ACCOUNTS PAYABLE SALARIES &WAGES PAYABLE INCOME TAXES PAYABLE COMMON STOCK RETAINED EARNINGS SALES REVENUE COST OF GOODS SOLD DEPRECIATION EXPENSE INCOME TAX EXPENSE OFFICE EXPENSE RENT EXPENSE SALARIES&WAGES EXPENSE $110 1,500 300 6,500 3,030 15,875 8,900 110 1,400 1,100 2,000 $27,315...
At December 31, 2019, Elizabeth Brown Corporation reported current assets of $384,510 and current liabilities of...
At December 31, 2019, Elizabeth Brown Corporation reported current assets of $384,510 and current liabilities of $212,400. The following items may have been recorded incorrectly. 1. Goods purchased costing $21,860 were shipped f.o.b. shipping point by a supplier on December 28. Brown received and recorded the invoice on December 29, 2019, but the goods were not included in Brown's physical count of inventory because they were not received until January 4, 2020. 2. Goods purchased costing $14,970 were shipped f.o.b....
View Policies Current Attempt in Progress The unadjusted trial balance of Pronghorn Corp, a private company following ASPE, at December 31, 2020 is as follows Debit Credit $10.750 58,300 $745 8,300 57,400 2,976 11.196 14,750 18.000 10.400 102,500 Cash Accounts receivable Allowance for doubtful accounts FV-Nl investments Inventory Prepaid insurance Prepaid rent FV-OCl investments Bond investment at amortized cost Land Equipment Accumulated depreciation-equipment Accounts payable Bonds payable Common shares Retained earnings Sales revenue Rent revenue Purchases Purchase discounts Freight out...
The unadjusted trial balance of Kingbird, Inc., a private company following ASPE, at December 31, 2020, is as follows: Credit Cash Debit $17,690 109,600 $3,380 61,300 Accounts receivable Allowance for doubtful accounts Inventory Prepaid insurance Bond investment at amortized cost Land 4,692 48,000 30,000 150,100 11,890 32,400 5,400 16,600 Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation-equipment Goodwill Accounts payable Bonds payable (20-year, 7%) Common shares Retained earnings Sales revenue Rent revenue Rent expense Supplies expense Purchases 101,900 180,000 120,600 48,847 180,000...
Want post closing trial balance and related t accounts.
Thanks
COLLEGE COASTERS, INC UNADJUSTED TRIAL BALANCE AS OF NOVEMBER 30, 2017 DR CR 10,005 2,000 500 600 700 CASH ACCOUNTS RECEIVABLE INVENTORY PREPAID RENT EQUIPMENT ACCUMULATED DEPRECIATION ACCOUNTS PAYABLE SALARIES &WAGES PAYABLE INCOME TAXES PAYABLE COMMON STOCK RETAINED EARNINGS SALES REVENUE COST OF GOODS SOLD DEPRECIATION EXPENSE INCOME TAX EXPENSE OFFICE EXPENSE RENT EXPENSE SALARIES&WAGES EXPENSE $110 1,500 300 6,500 3,030 15,875 8,900 110 1,400 1,100 2,000 $27,315 27.31S $...
The unadjusted trial balance of Kingbird, Inc., a private company following ASPE, at December 31, 2020, is as follows: Credit Cash Debit $17,690 109,600 $3,380 61,300 Accounts receivable Allowance for doubtful accounts Inventory Prepaid insurance Bond investment at amortized cost Land 4,692 48,000 30,000 150,100 11,890 32,400 5,400 16,600 Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation-equipment Goodwill Accounts payable Bonds payable (20-year, 7%) Common shares Retained earnings Sales revenue Rent revenue Rent expense Supplies expense Purchases 101,900 180,000 120,600 48,847 180,000...
can
you help andwering e & f
G CONSTRUCTION COMPANY Unadjusted Trial Balance December 31, 2030 ADJUSTMENTS DEBIT CREDIT CERIT DEBIT CREDIT 210.000 III 18.000 12,500 75.000 124.000 ACCOUNT TITLE Cash Notes Receivable Accounts Recente Inventory 12/31/2020 Prepaid insurance Prepaid Rent Supplies Land Equipment Accum Deprec-Equipment Accounts Payable Unearned Rent Revenue Mortgage Payable (Due 2022) Owner's Capital Owner's Drawings Sales Revenue Sales Returns and Allowances Sales Discount Purchases Purchases and Allowances Purchases Discount Freight-in Rent Expense alaries and Wages Expense...
The unadjusted trial balance of Teal Mountain Inc., a private company following ASPE, at December 31, 2020, is as follows: Debit Credit $17,390 104,100 $3,370 61,600 4,720 58,800 28,900 151,600 12,010 Cash Accounts receivable Allowance for doubtful accounts Inventory Prepaid insurance Bond investment at amortized cost Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation equipment Goodwill Accounts payable Bonds payable (20-year, 8%) Common shares Retained earnings Sales revenue Rent revenue 34,200 5,700 16,750 100,600 162,000 116,300 73,440 190,500 11,250 Rent expense...
1.Given:
Net Income is:
Select one:
a. Understated $16
b. Understated $24
c. Overstated $6
d. Understated $26
e. Understated $10
2.
Case Corp. had accounts payable of $100,000 recorded in the
general ledger as of December 31, 2012. The Accounts Payable
balance included the following recorded purchases on credit:
In Case’s December 31, 2012 balance sheet, the accounts payable
should be reported in the amount of:
Select one:
a. $125,000
b. $92,000
c. $121,000
d. $79,000
e. $75,000
3....
Want to post t accounts and get the post closing trial balance
COLLEGE COASTERS, INC UNADJUSTED TRIAL BALANCE AS OF NOVEMBER 30, 2017 DR CR 10,005 2,000 500 600 700 CASH ACCOUNTS RECEIVABLE INVENTORY PREPAID RENT EQUIPMENT ACCUMULATED DEPRECIATION ACCOUNTS PAYABLE SALARIES &WAGES PAYABLE INCOME TAXES PAYABLE COMMON STOCK RETAINED EARNINGS SALES REVENUE COST OF GOODS SOLD DEPRECIATION EXPENSE INCOME TAX EXPENSE OFFICE EXPENSE RENT EXPENSE SALARIES&WAGES EXPENSE $110 1,500 300 6,500 3,030 15,875 8,900 110 1,400 1,100 2,000 $27,315...
At December 31, 2019, Elizabeth Brown Corporation reported current assets of $384,510 and current liabilities of $212,400. The following items may have been recorded incorrectly. 1. Goods purchased costing $21,860 were shipped f.o.b. shipping point by a supplier on December 28. Brown received and recorded the invoice on December 29, 2019, but the goods were not included in Brown's physical count of inventory because they were not received until January 4, 2020. 2. Goods purchased costing $14,970 were shipped f.o.b....
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