These are the account balances for CSU corporations for year ended Dec. 31, 2018. Prepare the...
These are the account balances for CSU corporations for year ended Dec. 31, 2018.
Prepare the Income statement, the Retained earnings statement, and the Balance sheet.
| SERVICE REVENUE | 19,000 | |
| ACCOUNTS RECEIVABLE | 4,000 | |
| ACCOUNTS PAYABLE | 2,000 | |
| BUILDING RENTAL EXPENSE | 9,000 | |
| NOTES PAYABEL | 5,000 | |
| COMMON STOCK | 10,000 | |
| RETAINED EARNINGS | MUST BE CALCULATED | |
| EQUIPMENT | 16,000 | |
| INSURANCE EXPENSE | 1,000 | |
| SUPPLIES | 1,800 | |
| SUPPLIES EXPENSE | 200 | |
| CASH | 3,400 | |
| DIVIDENDS | 600 | |
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These are the account balances for CSU corporations for year
ended Dec. 31, 2018.
Prepare the...
For the Year Ended December 31 Adjusted Trial Balance Income Statement Balance Sheet Account Title Debit...
For the Year Ended December 31 Adjusted Trial Balance Income Statement Balance Sheet Account Title Debit Credit Debit Credit Debit Credit Cash 16,000 16,000 Accounts Receivable 6,000 6,000 Supplies 2,000 2,000 Equipment 19,000 19,000 Accumulated Depr. 6,000 6,000 Accounts Payable 10,000 10,000 Wages Payable 2,000 2,000 Common Stock 5,000 5,000 Retained Earnings 8,004 8,004 Dividends 1,000 1,000 Fees Earned 44,669 44,669 Wages Expense 21,425 21,425 Rent Expense 6,067 6,067 Depreciation Expense 4,181 4,181 Totals 75,673 75,673 31,673 44,669 44,000 31,004...
End-of-Period Spreadsheet For the Year Ended December 31 Adjusted Trial Balance Income Statement Balance Sheet Account...
End-of-Period Spreadsheet For the Year Ended December 31 Adjusted Trial Balance Income Statement Balance Sheet Account Title Debit Credit Debit Credit Debit Credit Cash 16,000 16,000 Accounts Receivable 6,000 6,000 Supplies 2,000 2,000 Equipment 19,000 19,000 Accumulated Depr. 6,000 6,000 Accounts Payable 10,000 10,000 Wages Payable 2,000 2,000 Common Stock 5,000 5,000 Retained Earnings 8,613 8,613 Dividends 1,000 1,000 Fees Earned 43,425 43,425 Wages Expense 19,913 19,913 Rent Expense 6,820 6,820 Depreciation Expense 4,305 4,305 Totals 75,038 75,038 31,038 43,425...
Finley Company End-of-Period Spreadsheet For the Year Ended December 31 Adjusted Trial Balance Income Statement Balance...
Finley Company End-of-Period Spreadsheet For the Year Ended December 31 Adjusted Trial Balance Income Statement Balance Sheet Account Title Debit Credit Debit Credit Debit Credit Cash 16,000 16,000 Accounts Receivable 6,000 6,000 Supplies 2,000 2,000 Equipment 19,000 19,000 Accumulated Depr. 6,000 6,000 Accounts Payable 10,000 10,000 Wages Payable 2,000 2,000 Common Stock 5,000 5,000 Retained Earnings 3,688 3,688 Dividends 1,000 1,000 Fees Earned 50,510 50,510 Wages Expense 21,658 21,658 Rent Expense 5,674 5,674 Depreciation Expense 5,866 5,866 Totals 77,198 77,198...
prepares a “Statement of Cash Flows” for the year ended December 31, 2018.  
prepares a “Statement of Cash Flows” for the year ended December 31, 2018. Keith corporation balance sheet December 31 Assets 2003 2002 Cash $1,500 $1,000 Marketable securities 1,800 1,200 Accounts receivable 2,000 1,800 Inventories 2,900 2,800 Total current assets $8,200 $6,800 Gross fixed assets $29,500 $28,100 Less: Accumulated depreciation 14,700 13,100 Net fixed assets $14,800 $15,000 Total Assets $23,000 $21,000 Liabilities and Stockholders’ Equity Accounts payable $1,600 $1,500 Notes payable 2,800 2,200 Accruals 200 300 Total current liabilities $4,600 $4,000 Long -term debt $5,000 $5,000 Common stock $10,000 $10,000 Retained earnings 3,400 2,800 Total stockholders’ equity $13,400 $12,800 Total Liabilities and stockholders” equity $23,000 $21,800 Income Statement Data(2003) Depreciation expense $1,600 Earning before interest taxes 2,700 Taxes 933 Net profits...
Finley Company End-of-Period Spreadsheet For the Year Ended December 31 Adjusted Trial Balance Income Statement Balance...
Finley Company End-of-Period Spreadsheet For the Year Ended December 31 Adjusted Trial Balance Income Statement Balance Sheet Account Title Debit Credit Debit Credit Debit Credit Cash 16,000 16,000 Accounts Receivable 6,000 6,000 Supplies 2,000 2,000 Equipment 19,000 19,000 Accumulated Depr. 6,000 6,000 Accounts Payable 10,000 10,000 Wages Payable 2,000 2,000 Common Stock 5,000 5,000 Retained Earnings 10,765 10,765 Dividends 1,000 1,000 Fees Earned 42,594 42,594 Wages Expense 20,402 20,402 Rent Expense 6,087 6,087 Depreciation Expense 5,870 5,870 Totals 76,359 76,359...
Finley Company End-of-Period Spreadsheet For the Year Ended December 31 Balance Sheet Adjusted Trial Balance Income...
Finley Company End-of-Period Spreadsheet For the Year Ended December 31 Balance Sheet Adjusted Trial Balance Income Statement Credit Debit Credit Credit Debit Debit Account Title 16,000 16,000 Cash 6,000 6,000 Accounts Receivable 2,000 2,000 Supplies 19,000 19,000 Equipment 6,000 6,000 Accumulated Depr. 10,000 10,000 Accounts Payable 2,000 2,000 Wages Payable 5,000 5,000 Common Stock 9,197 Retained Earnings 9,197 1,000 Dividends 1,000 44,064 Fees Earned 44,064 Wages Expenser 20,140 20,140 Rent Expense 6,374 6,374 Depreciation Expense 5,747 5,747 32,197 76,261 44,064...
Finley Company End-of-Period Spreadsheet For the Year Ended December 31 Adjusted Trial Balance Income Statement Balance...
Finley Company End-of-Period Spreadsheet For the Year Ended December 31 Adjusted Trial Balance Income Statement Balance Sheet Account Title Debit Credit Debit Credit Debit Credit Cash 16,000 16,000 Accounts Receivable 6,000 6,000 Supplies 2,000 2,000 Equipment 19,000 19,000 Accumulated Depr. 6,000 6,000 Accounts Payable 10,000 10,000 Wages Payable 2,000 2,000 Common Stock 5,000 5,000 Retained Earnings 6,091 6,091 Dividends 1,000 1,000 Fees Earned 45,233 45,233 Wages Expense 19,173 19,173 Rent Expense 5,949 5,949 Depreciation Expense 5,202 5,202 Totals 74,324 74,324...
Prepare Debit Company's income statement and statement of retained earnings for the year ended December 31,...
Prepare Debit Company's income statement and statement of
retained earnings for the year ended December 31, 20X7
Income Statement Revenue Expenses Total Expenses Net Income Statement of Retained Earnings Beginning Retained Earnings Net Income Less: Dividends Ending Retained Earnings Debit Company Adjusted Trial Balance December 31, 20X7 $4,000 2,000 Cash $6,500 Accounts receivable 8,000 Supplies 1,000 Prepaid Rent (3 months) 2,500 Equipment, net 42,000 Accounts payable Salary payable Unearned revenue (2 month advance) Note payable - long term Common stock...
11. Finley Company End-of-Period Spreadsheet For the Year Ended December 31 Adjusted Trial Balance Income Statement...
11.
Finley Company End-of-Period Spreadsheet For the Year Ended December 31 Adjusted Trial Balance Income Statement Balance Sheet Account Title Debit Credit Debit Credit Debit Credit Cash 16,000 16,000 Accounts Receivable 6,000 6,000 Supplies 2,000 2,000 19,000 Equipment 19,000 Accumulated Depr. 6,000 6,000 Accounts Payable 10,000 Wages Payable 2,000 5,000 10,000 2,000 5,000 6,070 Common Stock Retained Earnings 6,070 Dividends 1,000 1,000 Fees Earned 47,867 47,867 Wages Expense 21,344 21,344 Rent Expense 5,817 5,776 5,817 5,776 Depreciation Expense Totals 76,937...
5) Stymies Auto Service has the following balances for the year ended 12-31-09. Insurance expense Service...
5) Stymies Auto Service has the following balances for the year ended 12-31-09. Insurance expense Service revenue Accounts receivable Supplies expense $ 4,000 Salary expense $42,000 101,000 Accounts payable 8,000 7,000 Owner, capital, December 31, 20X8 13,000 1,000 Supplies 2,000 16,000 Withdrawals by owner 36,000 6,000 8,000 Cash Fuel expense Rent expense Required: Prepare the Statement of Retained Earnings for Stymies Auto Service.
Finley Company End-of-Period Spreadsheet For the Year Ended December 31 Balance Sheet Adjusted Trial Balance Income Statement Credit Debit Credit Credit Debit Debit Account Title 16,000 16,000 Cash 6,000 6,000 Accounts Receivable 2,000 2,000 Supplies 19,000 19,000 Equipment 6,000 6,000 Accumulated Depr. 10,000 10,000 Accounts Payable 2,000 2,000 Wages Payable 5,000 5,000 Common Stock 9,197 Retained Earnings 9,197 1,000 Dividends 1,000 44,064 Fees Earned 44,064 Wages Expenser 20,140 20,140 Rent Expense 6,374 6,374 Depreciation Expense 5,747 5,747 32,197 76,261 44,064...
Prepare Debit Company's income statement and statement of
retained earnings for the year ended December 31, 20X7
Income Statement Revenue Expenses Total Expenses Net Income Statement of Retained Earnings Beginning Retained Earnings Net Income Less: Dividends Ending Retained Earnings Debit Company Adjusted Trial Balance December 31, 20X7 $4,000 2,000 Cash $6,500 Accounts receivable 8,000 Supplies 1,000 Prepaid Rent (3 months) 2,500 Equipment, net 42,000 Accounts payable Salary payable Unearned revenue (2 month advance) Note payable - long term Common stock...
11.
Finley Company End-of-Period Spreadsheet For the Year Ended December 31 Adjusted Trial Balance Income Statement Balance Sheet Account Title Debit Credit Debit Credit Debit Credit Cash 16,000 16,000 Accounts Receivable 6,000 6,000 Supplies 2,000 2,000 19,000 Equipment 19,000 Accumulated Depr. 6,000 6,000 Accounts Payable 10,000 Wages Payable 2,000 5,000 10,000 2,000 5,000 6,070 Common Stock Retained Earnings 6,070 Dividends 1,000 1,000 Fees Earned 47,867 47,867 Wages Expense 21,344 21,344 Rent Expense 5,817 5,776 5,817 5,776 Depreciation Expense Totals 76,937...
5) Stymies Auto Service has the following balances for the year ended 12-31-09. Insurance expense Service revenue Accounts receivable Supplies expense $ 4,000 Salary expense $42,000 101,000 Accounts payable 8,000 7,000 Owner, capital, December 31, 20X8 13,000 1,000 Supplies 2,000 16,000 Withdrawals by owner 36,000 6,000 8,000 Cash Fuel expense Rent expense Required: Prepare the Statement of Retained Earnings for Stymies Auto Service.
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