PLEASE HELP!
Please help me by making an income statement, owners equity sheet, and balance sheet.
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please someone help me complete this problem Problem 3.5A Preparing financial statements from T accounts. LO...
please someone help me complete this problem
Problem 3.5A Preparing financial statements from T accounts. LO 3-3, 3-5, 3-6 The accountant for the firm owned by Randy Guttery prepares financial statements at the end of each month. The following transactions for Randy Guttery, Landscape Consultant took place during the month ended June 30, 2019. Transactions: a. Guttery invested $143,000 in cash to start the business. b. Paid $4,300 for the current month's rent. c. Bought office furniture for $15,020 in...
Create a new income statement and balance sheet that are linked to EACH OTHER. Please account...
Create a new income statement and balance sheet that are linked to EACH OTHER. Please account for the following (please note that this is a general exercise and that there are some specific accounting nuances that may be difficult to resolve given this limited amount of data…please see the instructor if you are having difficulty): Revenue $100,000 (this should be an input field) COGS 50% of revenue Taxes 35% rate Dividends 50% of Net Income...
6. On a worksheet, the unearned consulting revenue account has a $3,000 normal balance When preparing...
6. On a worksheet, the unearned consulting revenue account has a $3,000 normal balance When preparing the income statement columns on the worksheet, the unearned consulting revenue amount would be put into which column? a. Debit Income Statement b. Credit Income Statement c. Debit Balance Sheet d. Credit Balance Sheet 7. As you look at the bottom totals of the following worksheet, you see that it has not been completed. Does this company have a net income or a net...
stuck , help me out please Financial Statements Your Company Income Statement For the Year Ended...
stuck , help me out please
Financial Statements Your Company Income Statement For the Year Ended December 31, 2015 Fees Earned Expenses Your Company Balance Sheet December 31, 2015 ASSETS Current Assets Total Expenses Net Income Total Current Assets Property, plant and equipment Your Company Statement of Owners' Equity For the Year Ended December 31, 2015 Total Property, Plant & Equipment Total Assets LIABILITIES & OWNERS EQUITY Current Liabilities Beginning Capital Net Income for the year Less withdrawals Increase in...
can you help me with the T account, income statement,Balance sheet, earnings per share and Owners...
can you help me with the T account, income statement,Balance
sheet, earnings per share and Owners equity table . for the Year
2021. i added the info for the year 2020 to help
Do
not worry about the question in the text, i just need help with the
income statement2021, Balance sheet 2021, Taccount 2021, eps and
owner equity 2021. the first pocture are juste the info for
2020
1,000 Assets Current Assets Cash Inventory Total Current Assets 35,400 36,400...
please answer all they are short. i also took pic of all the sections so please...
please answer all they are short. i also took pic of all the
sections so please tell me which goes where?! thank you
Show Me How Calculator Statement of Owner's Equity Financial information related to Lost Trail Company, a proprietorship, for the month ended November 30, 2019, is as follows: Net income for November $80,770 Penny Beall's withdrawals during 8,880 November Penny Beall, capital, November 1, 2019 616,300 a. Prepare a statement of owner's equity for the month ended November...
i need help with making an income statement, statement of stockholders equity, and balance statement can...
i
need help with making an income statement, statement of
stockholders equity, and balance statement can you show me how to
make those using those numbers
menry Hawk opened a new business, Hawk Electronics, on January 1, 2018. The account balances as of December 31, 2018 follow. Classify each of the following as an asset, liability, or stockholders' equity in the first column. In the second column, identify on which statement you would find the account reported: income statement (IS),...
please help thanks Last year's financial statements for VanDiest Chemical are below. VanDiest is expecting sales...
please help thanks
Last year's financial statements for VanDiest Chemical are below. VanDiest is expecting sales to grow by 15 percent this year. Their tax rate is 25 percent and their dividend payout rate is expected to remain at 25 percent. Costs, selling and administration expense, current assets, accounts payable, and accrued taxes increase proportionally with sales. Interest expense. notes payable, and long-term debt will be unchanged. Van Diest is operating at full capacity Income Statement Last Year Sales 780,000...
this is due tomorrow. help me please can someone help me find the equity multiplier for...
this is due tomorrow. help me please
can someone help me find the equity multiplier for the year 2006 and the year 2007 from the sears annual report. I'm not sure where to look. the total assets is different on the consolidated balance sheet and on the (financial data on page 18) https://searsholdings.com/invest/annual-reports the formula for equity multiplier - total assets/total equity
please someone help me complete this problem
Problem 3.5A Preparing financial statements from T accounts. LO 3-3, 3-5, 3-6 The accountant for the firm owned by Randy Guttery prepares financial statements at the end of each month. The following transactions for Randy Guttery, Landscape Consultant took place during the month ended June 30, 2019. Transactions: a. Guttery invested $143,000 in cash to start the business. b. Paid $4,300 for the current month's rent. c. Bought office furniture for $15,020 in...
6. On a worksheet, the unearned consulting revenue account has a $3,000 normal balance When preparing the income statement columns on the worksheet, the unearned consulting revenue amount would be put into which column? a. Debit Income Statement b. Credit Income Statement c. Debit Balance Sheet d. Credit Balance Sheet 7. As you look at the bottom totals of the following worksheet, you see that it has not been completed. Does this company have a net income or a net...
stuck , help me out please
Financial Statements Your Company Income Statement For the Year Ended December 31, 2015 Fees Earned Expenses Your Company Balance Sheet December 31, 2015 ASSETS Current Assets Total Expenses Net Income Total Current Assets Property, plant and equipment Your Company Statement of Owners' Equity For the Year Ended December 31, 2015 Total Property, Plant & Equipment Total Assets LIABILITIES & OWNERS EQUITY Current Liabilities Beginning Capital Net Income for the year Less withdrawals Increase in...
can you help me with the T account, income statement,Balance
sheet, earnings per share and Owners equity table . for the Year
2021. i added the info for the year 2020 to help
Do
not worry about the question in the text, i just need help with the
income statement2021, Balance sheet 2021, Taccount 2021, eps and
owner equity 2021. the first pocture are juste the info for
2020
1,000 Assets Current Assets Cash Inventory Total Current Assets 35,400 36,400...
please answer all they are short. i also took pic of all the
sections so please tell me which goes where?! thank you
Show Me How Calculator Statement of Owner's Equity Financial information related to Lost Trail Company, a proprietorship, for the month ended November 30, 2019, is as follows: Net income for November $80,770 Penny Beall's withdrawals during 8,880 November Penny Beall, capital, November 1, 2019 616,300 a. Prepare a statement of owner's equity for the month ended November...
i
need help with making an income statement, statement of
stockholders equity, and balance statement can you show me how to
make those using those numbers
menry Hawk opened a new business, Hawk Electronics, on January 1, 2018. The account balances as of December 31, 2018 follow. Classify each of the following as an asset, liability, or stockholders' equity in the first column. In the second column, identify on which statement you would find the account reported: income statement (IS),...
please help thanks
Last year's financial statements for VanDiest Chemical are below. VanDiest is expecting sales to grow by 15 percent this year. Their tax rate is 25 percent and their dividend payout rate is expected to remain at 25 percent. Costs, selling and administration expense, current assets, accounts payable, and accrued taxes increase proportionally with sales. Interest expense. notes payable, and long-term debt will be unchanged. Van Diest is operating at full capacity Income Statement Last Year Sales 780,000...
this is due tomorrow. help me please
can someone help me find the equity multiplier for the year 2006 and the year 2007 from the sears annual report. I'm not sure where to look. the total assets is different on the consolidated balance sheet and on the (financial data on page 18) https://searsholdings.com/invest/annual-reports the formula for equity multiplier - total assets/total equity
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