Help me please? 7. Jose Vargas opened his executive search service on july 1, 19x1. Some...
i need help with 3-7 please. thanks!
The requirements for this problem: 1. Record cach transaction as a journal entry. 2. Post the transactions to T-accounts using the following chart of accounts. Cash Accounts Receivable Office Supplies Prepaid Insurance Truck Accumulated Deprec.- Truck Accounts Payable Salaries Payable Unearned Revenue Taylor, Capital Taylor, Withdrawals Income Summary Service Revenue Salaries Expense Rent Expense Deprec. Expense- Truck Insurance Expense Fuel Expense Off, Supplies Expense Advertising Expense 3. Prepare an unadjusted trial balance as...
Please someone help with me STEP 5 AND 6 FOR THIS PROBLEM!
ACC212 - PRACTICE COMPREHENSIVE PROBLEM In 2019, Lane King created the Chaos Coordination Company which provided playground equipment and design for Day Care Centers and Elementary Schools. In 2019, the following transactions occurred: 1. 1/1/2019 Stockholders invested $450,000 in cash in the business in exchange for common stock 2. 1/1/2019 Purchased Equipment for $10,000 in Cash 3. 2/1/2019 Paid $24,000 for One year Office Rent 4. 2/1/2019 Pre-paid...
A, B,C,D,E,F
The following transactions took place during 2016 for Palicio Security Service 1. Paid the salaries payable from 2015. 2. On March 1, 2016, Palicio established a $100 petty cash fund to handles expenditures 3. Paid $4.800 on May 1, 2016. for one year's lease on the company van in advance, 4. Paid $7.200 on May 2,2016 for one year's office rent in advance. 5. Purchased $400 of supplies on account. 6. Purchased 100 alarm systems for $28.000 cash...
P4-4 (similar to) Philip and Sons' Law Offices opened on January 1, 2018. During the first year of business, the company had the following transactions: 1(Click the loon to view the transactions.) Philip's unadjusted trial balance at December 31, 2018 is as follows EII (Click the icon to view the unadjusted trial balance.) Read the requrements Requirement a. Joumalize and post adjusting journal entries for Philip and Sons. (Record debits first, then credits. Exclude explanations from any joumal entries.) Begin...
Problem 4-05A a-g (Part Level Submission) (Video) Pharoah Clark opened Pharoah's Cleaning Service on July 1, 2020. During July, the following transactions were completed. July 1 Pharoah invested $20,000 cash in the business. 1 Purchased used truck for $9,000, paying $4,100 cash and the balance on account. 3 Purchased cleaning supplies for $2,000 on account. 5 Paid $1,680 cash on 1-year insurance policy effective July 1. 12 Billed customers $4,400 for cleaning services. 18 Paid $1,400 cash on amount owed...
Please help complete part C, thank you!
On October 1, 2020, Ballister Dorth organized a computer service company called Ballister Systems Balister is organized as a sole proprietorship and will provide consulting services, computer system installations, and custom program development. Dorth has adopted the calendar year or reporting, and expects to prepare the company's first set of financial statements as of December 31, 2020. The initial chart of accounts for the accounting system includes these items: Account Number 101 Account...
The following transactions took place during 2016 for Palicio Security Service 1. Paid the salaries payable from 2015. 2. On March 1, 2016, Palicio established a $100 petty cash fund to handles expenditures. 3. Paid $4,800 on May 1, 2016, for one year's lease on the company van in advance. 4. Paid $7,200 on May 2, 2016 for one year's office rent in advance. 5. Purchased $400 of supplies on account. 6. Purchased 100 alarm systems for $28,000 cash during...
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Accounting 2140 - Comprehensive Problem On October 1, 2019, Santana Rey launched a computer services company called Business Solutions, which provides consulting services, computer system installations, and custom program development Rey adopts the calendar year for reporting purposes and expects to prepare the company's first set of financial statements on December 31, 2019. After the success of the company's first two months, Santana...
P1-45A (similar to) Question Help Alan Shriver recently opened his own accounting firm on April 1, which he operates as a corporation. The name of the new entity is Alan Shriver, CPA. Shriver experienced the following events during the organizing phase of the new business and its first month of operations in 2018: (Click the icon to view the transactions.) Read the requirements. Requirement 1. Analyze the effects of the events on the accounting equation of Alan Shriver, CPA Analyze...
Missing some please help
After the success of the company's first two months, Santana Rey continues to operate Business Solutions. The November 30, 2017, unadjusted trial balance of Business Solutions (reflecting its transactions for October and November of 2017) follows No. Credit Debit $38, 264 12.618 2.545 2,220 3,300 8,000 167 20,000 236 Account Title 101 Cash 106 Accounts receivable 126 Computer supplies 128 Prepaid insurance 131 Prepaid rent 163 Office equipment Accumulated depreciation- Office equipment Computer equipment 168 Accumulated...