Homework Answers
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| Date | Account | Debit | Credit | |
| Mar 31 | Net Sales | ¥1,908,622.00 | ||
| Income Summary | ¥1,908,622.00 | |||
| (being revenue account closed) | ||||
| Mar 31 | Income Summary | ¥2,251,433.00 | ||
| Cost of Sales | ¥1,734,981.00 | |||
| Advertising Expense | ¥ 117,908.00 | |||
| Othe rExpense | ¥ 398,544.00 | |||
| (being expense account closed) | ||||
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Following are Nintendo's revenue and expense accounts for a recent March 31 fscal year end bven...
Following are Nintendo's revenue and expense accounts for a recent March 31 fiscal year-end (yen in...
Following are Nintendo's revenue and expense accounts for a recent March 31 fiscal year-end (yen in millions). (Enter answers in millions.) Net sales Cost of sales Advertising expense Other expense, net 1549,780 335, 196 54,834 117,907 Prepare the company's closing entries for its revenues and its expenses. View transaction list Journal entry worksheet < 1 2 Record the closure of revenue account. Note: Enter debits before credits Dato General Journal Debit Credit March 31 Following are Nintendo's revenue and expense...
Following are Nintendo's revenue and expense accounts for a recent March 31 fiscal year-end lyen in...
Following are Nintendo's revenue and expense accounts for a recent March 31 fiscal year-end lyen in millions), (Enter answers in millions.) Net sales Cont of sales Advertising expense Other expense, net V504,459 283,494 46,636 157.811 Prepare the company's closing entries for (1) its revenues and (2) its expenses 6 View transaction list Journal entry worksheet 3.35 points eBook Record the closure of revenue account. Hint Print Note: Enter debits before credits. References General Journal Debit Credit Date March 31 Record...
following are Nintendo’s 3. Following are Nintendo's revenue and expense accounts for a recent calendar year....
following are Nintendo’s
3. Following are Nintendo's revenue and expense accounts for a recent calendar year. Prepare the company's closing entries for its revenues and its expenses. $160,000 Sales revenue Cost of good sold expense Rent expense 100.000 .. 2,000
Problem 1: Based on the revenue and expense accounts from Nintendo for a recent March 31...
Problem 1: Based on the revenue and expense accounts from Nintendo for a recent March 31 fiscal year-end (amounts in millions of dollars) shown in Figure 1, prepare the company's closing entries for its revenues and its expenses: Figure 1. Revenue an Expense Accounts, Nintendo - March 31, 2019 Account Title In Millions $549,780 335,196 Net sales Cost of sales Advertising expense Other expense, net 54,834 117,907 2 OF 3 C 3/31 Net Sales Income Summary Close Revenue Account 3/31...
TELL CROATA ALLAN SEO-Yo Malware Tips - Your Forum - Templari Trade-Path of Exile PoE Goods...
TELL CROATA ALLAN SEO-Yo Malware Tips - Your Forum - Templari Trade-Path of Exile PoE Goods Chapter 3 Practice Exercises A Swed 6 Following are Nintendo's revenue and expense accounts for a recent March 31 fiscal year end lyenin millions) (Enter answers in millions) 2.5 poles Net sales Cost of sales Advertising expense Other expense, net 4504,499 283,494 46,616 157.811 Prepare the company's closing entries for ( its revenues and (2) its expenses View transaction list Journal entry worksheet <...
The following adjusted trial balance contains the accounts and year-end balances of Cruz Company as of...
The following adjusted trial balance contains the accounts and year-end balances of Cruz Company as of December 31. Credit Debit $18,000 13,300 2,000 23,000 $ 6,500 45,480 Account Title 101 Cash 126 Supplies 128 Prepaid insurance 167 Equipment 168 Accumulated depreciation-Equipment 301 A. Cruz, Capital 302 A. Cruz, withdrawals 404 Services revenue 612 Depreciation expense-Equipment 622 Salaries expense 637 Insurance expense 640 Rent expense 652 Supplies expense Totals 6,000 44,800 2.000 26,118 1.882 3.002 1.478 $96,780 $96.780 1. Prepare the...
CH 1-3) Saved Seminoles Corporation's fiscal year-end is December 31, 2021. The following is a partial...
CH 1-3) Saved Seminoles Corporation's fiscal year-end is December 31, 2021. The following is a partial adjuste Debit Credit $19,000 $ 1,900 Accounts Retained Earnings Dividends Service Revenue Interest Revenue Salaries Expense Rent Expense Advertising Expense Depreciation Expense Interest Expense 39,000 4.900 13.900 4.900 1,900 9,900 3,900 Required: 1. Prepare the necessary closing entries. (If no entry is required for a particular transaction/even Required" in the first account field.) View transaction list Journal entry worksheet Record the entry to close...
Exercise 6.6 Closing entries. LO 6-1 The ledger accounts of AXX Internet Company appear as follows...
Exercise 6.6 Closing entries. LO 6-1 The ledger accounts of AXX Internet Company appear as follows on March 31, 20 ACCOUNT ACCOUNT 101 Cash 111 Accounts Receivable 121 Supplies 131 Prepaid Insurance 141 Equipment 142 Accumulated Depreciation-Equipment 202 Accounts Payable 301 Aretha Hinkle, Capital 302 Aretha Hinkle, Drawing 401 Fees Income 510 Depreciation Expense-Equipment 511 Insurance Expense 514 Rent Expense 517 Salaries Expense 518 Supplies Expense 519 Telephone Expense 523 Utilities Expense BALANCE $ 63,000 35,660 8,900 23,380 101,008 39,620...
American Chip Corporation's reporting year-end is December 31. The following is a partial adjusted trial balance...
American Chip Corporation's reporting year-end is December 31. The following is a partial adjusted trial balance as of December 31, 2021 Debits Credits 98,000 930,000 6,500 points Account Title Retained earnings Sales revenue Interest revenue Cost of goods sold Salaries expense Rent expense Depreciation expense Interest expense Insurance expense 510,000 170.000 33,000 48,000 6.800 7,800 eBook References Required: Prepare the necessary closing entries at December 31, 2021. (If no entry is required for a transaction/event, select "No journal entry required"...
Exercise 3-17A Record closing entries (LO3-6) Seminoles Corporation's fiscal year-end is December 31, 2021. The following...
Exercise 3-17A Record closing entries (LO3-6) Seminoles Corporation's fiscal year-end is December 31, 2021. The following is a partial adjusted trial balance as of December 31. Debit Credit $25,000 $ 2,500 45,000 5,500 Accounts Retained Earnings Dividends Service Revenue Interest Revenue Salaries Expense Rent Expense Advertising Expense Depreciation Expense Interest Expense 14,500 5,500 2,500 10,500 4,500 Required: 1. Prepare the necessary closing entries. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first...
Following are Nintendo's revenue and expense accounts for a recent March 31 fiscal year-end (yen in millions). (Enter answers in millions.) Net sales Cost of sales Advertising expense Other expense, net 1549,780 335, 196 54,834 117,907 Prepare the company's closing entries for its revenues and its expenses. View transaction list Journal entry worksheet < 1 2 Record the closure of revenue account. Note: Enter debits before credits Dato General Journal Debit Credit March 31 Following are Nintendo's revenue and expense...
Following are Nintendo's revenue and expense accounts for a recent March 31 fiscal year-end lyen in millions), (Enter answers in millions.) Net sales Cont of sales Advertising expense Other expense, net V504,459 283,494 46,636 157.811 Prepare the company's closing entries for (1) its revenues and (2) its expenses 6 View transaction list Journal entry worksheet 3.35 points eBook Record the closure of revenue account. Hint Print Note: Enter debits before credits. References General Journal Debit Credit Date March 31 Record...
following are Nintendo’s
3. Following are Nintendo's revenue and expense accounts for a recent calendar year. Prepare the company's closing entries for its revenues and its expenses. $160,000 Sales revenue Cost of good sold expense Rent expense 100.000 .. 2,000
Problem 1: Based on the revenue and expense accounts from Nintendo for a recent March 31 fiscal year-end (amounts in millions of dollars) shown in Figure 1, prepare the company's closing entries for its revenues and its expenses: Figure 1. Revenue an Expense Accounts, Nintendo - March 31, 2019 Account Title In Millions $549,780 335,196 Net sales Cost of sales Advertising expense Other expense, net 54,834 117,907 2 OF 3 C 3/31 Net Sales Income Summary Close Revenue Account 3/31...
TELL CROATA ALLAN SEO-Yo Malware Tips - Your Forum - Templari Trade-Path of Exile PoE Goods Chapter 3 Practice Exercises A Swed 6 Following are Nintendo's revenue and expense accounts for a recent March 31 fiscal year end lyenin millions) (Enter answers in millions) 2.5 poles Net sales Cost of sales Advertising expense Other expense, net 4504,499 283,494 46,616 157.811 Prepare the company's closing entries for ( its revenues and (2) its expenses View transaction list Journal entry worksheet <...
The following adjusted trial balance contains the accounts and year-end balances of Cruz Company as of December 31. Credit Debit $18,000 13,300 2,000 23,000 $ 6,500 45,480 Account Title 101 Cash 126 Supplies 128 Prepaid insurance 167 Equipment 168 Accumulated depreciation-Equipment 301 A. Cruz, Capital 302 A. Cruz, withdrawals 404 Services revenue 612 Depreciation expense-Equipment 622 Salaries expense 637 Insurance expense 640 Rent expense 652 Supplies expense Totals 6,000 44,800 2.000 26,118 1.882 3.002 1.478 $96,780 $96.780 1. Prepare the...
CH 1-3) Saved Seminoles Corporation's fiscal year-end is December 31, 2021. The following is a partial adjuste Debit Credit $19,000 $ 1,900 Accounts Retained Earnings Dividends Service Revenue Interest Revenue Salaries Expense Rent Expense Advertising Expense Depreciation Expense Interest Expense 39,000 4.900 13.900 4.900 1,900 9,900 3,900 Required: 1. Prepare the necessary closing entries. (If no entry is required for a particular transaction/even Required" in the first account field.) View transaction list Journal entry worksheet Record the entry to close...
Exercise 6.6 Closing entries. LO 6-1 The ledger accounts of AXX Internet Company appear as follows on March 31, 20 ACCOUNT ACCOUNT 101 Cash 111 Accounts Receivable 121 Supplies 131 Prepaid Insurance 141 Equipment 142 Accumulated Depreciation-Equipment 202 Accounts Payable 301 Aretha Hinkle, Capital 302 Aretha Hinkle, Drawing 401 Fees Income 510 Depreciation Expense-Equipment 511 Insurance Expense 514 Rent Expense 517 Salaries Expense 518 Supplies Expense 519 Telephone Expense 523 Utilities Expense BALANCE $ 63,000 35,660 8,900 23,380 101,008 39,620...
American Chip Corporation's reporting year-end is December 31. The following is a partial adjusted trial balance as of December 31, 2021 Debits Credits 98,000 930,000 6,500 points Account Title Retained earnings Sales revenue Interest revenue Cost of goods sold Salaries expense Rent expense Depreciation expense Interest expense Insurance expense 510,000 170.000 33,000 48,000 6.800 7,800 eBook References Required: Prepare the necessary closing entries at December 31, 2021. (If no entry is required for a transaction/event, select "No journal entry required"...
Exercise 3-17A Record closing entries (LO3-6) Seminoles Corporation's fiscal year-end is December 31, 2021. The following is a partial adjusted trial balance as of December 31. Debit Credit $25,000 $ 2,500 45,000 5,500 Accounts Retained Earnings Dividends Service Revenue Interest Revenue Salaries Expense Rent Expense Advertising Expense Depreciation Expense Interest Expense 14,500 5,500 2,500 10,500 4,500 Required: 1. Prepare the necessary closing entries. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first...
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