Date | Net Income | Total Assets | Total Liabilities | Total Equity |
Dec 1 | $ 0 | $ 30,000 | $ 0 | $ 30,000 |
Dec 2 | 0 | 30,000 | 0 | 30,000 |
Dec 3 | 0 | 30,000 | 0 | 30,000 |
Dec 4 | 0 | 37,100 | 7,100 | 30,000 |
Dec 5 | 4,200 | 41,300 | 7,100 | 34,200 |
Dec 6 | -1,000 | 40,300 | 7,100 | 33,200 |
Dec 7 | -700 | 39,600 | 7,100 | 32,500 |
Dec 8 | 1,900 | 41,500 | 7,100 | 34,400 |
Dec 9 | 0 | 41,500 | 7,100 | 34,400 |
Dec 10 | 0 | 40,600 | 6,200 | 34,400 |
Dec 11 | 0 | 40,400 | 6,200 | 34,200 |
Dec 12 | 0 | 43,400 | 9,200 | 34,200 |
Dec 13 | 0 | 43,400 | 9,200 | 34,200 |
Dec 14 | 0 | 43,400 | 9,200 | 34,200 |
Dec 15 | - 305 | 43,095 | 9,200 | 33,895 |
Dec 16 | -700 | 42,395 | 9,200 | 33,195 |
Totals | 3,395 | 42,395 | 9,200 | 33,195 |
Dec. 1 On December 1, Chas Taylor forms a consulting business, named FastForward. FastForward receives $30,000 cash fr...
Help Save & Exit Check This problem is based on the transactions for the FastForward Company in your text. Prepare journal entries for each transaction and identify the financial statement impact of each entry. The financial statements are automatically generated based on the journal entries recorded. Dec. 1 On December 1, Chas Taylor forms a consulting business named Fast forward. FastForward receives $30,000 cash Dec. from Chas Taylor as an owner contribution accounts. 2 Fast Forward pays $2,500 cash for...
help with december 13th This problem is based on the transactions for the FastForward Company in your text. Prepare journal entries for each transaction and identify the financial statement impact of each entry. The financial statements are automatically generated based on the journal entries recorded. Dec. 1 On December 1, Chas Taylor forms a consulting business, named FastForward. FastForward receives $30,000 cash from Chas Taylor in exchange for common stock. Dec. 2 FastForward pays $2,500 cash for supplies. The company's...
I need to know how to do this? where do I draw the info from? Dec. 1 On December 1, Chas Taylor forms a consulting business, named Fast Forward. FastForward receives $30,000 cash from Chas Taylor in exchange for common stock. Dec. 2 Fast Forward pays $2,500 cash for supplies. The company's policy is to record all prepaid expenses in asset accounts. Dec. 3 Fast Forward pays $26,000 cash for equipment. Dec. 4 FastForward purchases $7,100 of supplies on credit...
This problem is based on the transactions for the FastForward Company in your text. Prepare journal entries for each transaction and identify the financial statement impact of each entry. The financial statements are automatically generated based on the journal entries recorded. Dec. 1 on December 1, Chas Taylor forms a consulting business, named Fast Forward. Fast Forward receives $30,000 cash from Chas Taylor in exchange for common stock. Dec. 2 Fast Forward pays $2,500 cash for supplies. The company's policy...
full journal entry worksheet from Dec.1 - Dec 16 ???? t Assignment 2 0 Saved ut di Ddidice d Ull as you LICK RELIU CHUY. View transaction list Journal entry worksheet 2 8 16 On December 2, OnPoint pays $2,700 cash for supplies. The company's policy is to record all prepaid expenses in Asset accounts. Note: Enter debits before credits Date Account Title Credit Dec 02 Supplies Cash Debit 2,700 2,700 Record entry Clear entry View general journal < Requirement...
This problem is based on the transactions for the On Point Company in your text. Prepare journal entries for each transaction and identify the financial statement impact of each entry. The financial statements are automatically generated based on the journal entries recorded Dec 1 on December 1, Molly Meng forms a consulting business, named onPoint. Onpoint receives $34,00 cash from Molly Meng in exchange for common stock. Dec. 2 Onpoint pays $2,700 cash for supplies. The company's policy is to...
Dec. This problem is based on the transactions for the Landscape Dreams Company in your text. Prepare journal entries for each transaction and identify the financial statement impact of each entry. The financial statements are automatically generated based on the journal entries recorded. 1 On December 1, Sal Strods forms a consulting business, named Landscape Dreams. Landscape Dreams receives $60,000 cash from Sal Strods in exchange for common stock. Dec. 2 Landscape Dreams pays $4,000 cash for supplies. The company's...
This problem is based on the transactions for the Eco Build Company in your text. Prepare journal entries for each transaction and identify the financial statement impact of each entry. The financial statements are automatically generated based on the journal entries recorded Dec. 1 on December 1, Nina Miller forms a consulting business, named Ece Bulld. Eco Build receives $56,000 cash froe Nina Miller as an owner contribution. Dec. 2 Eco Build pays $3,500 cash for supplies. The company's policy...
This problem is based on the transactions for the Eco Build Company in your text. Prepare journal entries for each transaction and identify the financial statement impact of each entry. The financial statements are automatically generated based on the journal entries recorded. Dec. 1 on December 1, Nina Miller forns a consulting business, named Eco Build. Eco Build receives $56,000 cash from Nina Miller as an owner contribution Dec. 2 Eco Build pays $3,800 cash for supplies. The company's policy...
F. Analyze Business Transactions: 1 Investment by Owner: Dec 1, invested $30,000 Cash to open a new company named Fastforward in exchange for Com 2 Purchase Supplies with Cash: Paid $2,500 Cash to purchase supplies 3 Purchase Equipment with Cash: Spend $26.000 Cash to acquire Equipment 4 Purchase Supplies on Credit: Purchased $7,100 Supplies and promise to pay later 5 Provide Services for Cash: Provided services to customers and got paid $4,200 Cash 6 Pay Rent expense Paid $1,000 for...