Did all the financial statements( pretty sure they are all correct) I just do not understand what I am suppose to do for this last picture. Please help. Don't know how to find the return on equity or any of those questions on this last picture.
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Did all the financial statements( pretty sure they are all correct) I just do not understand what I am suppose to do fo...
I just need help with the ANALYSIS part. But feel free to double-check the work I...
I just need help with the ANALYSIS part.
But feel free to double-check the work I currently have.
THIS IS WHERE I NEEDED HELP WITH AND THE CALCULATION INVOLVED. I
want to make sure my Stockholder Equity and Net Income is right to
do these calculations.
On January 1, 2021, the general ledger of Finale Fireworks includes the following account balances: Credit Debit $ 44,700 48,500 9,500 84,000 Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Common Stock,...
On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances:...
On January 1, 2021, the general ledger of Grand Finale Fireworks
includes the following account balances:
Accounts
Debit
Credit
Cash
$
44,700
Accounts Receivable
48,500
Supplies
9,500
Equipment
84,000
Accumulated Depreciation
$
11,000
Accounts Payable
16,600
Common Stock, $1 par value
20,000
Additional Paid-in Capital
100,000
Retained Earnings
39,100
Totals
$
186,700
$
186,700
During January 2021, the following transactions occur:
January
2
Issue an additional 2,300 shares of $1 par value common stock
for $46,000.
January
9
Provide services...
PLease help. I don't understand how to do this. don't know what i am doing. On...
PLease help. I don't
understand how to do this. don't know what i am doing.
On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances: Debit Credit Accounts $44,400 47,900 9,200 81,000 Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Common Stock, $1 par value Additional Paid-in Capital Retained Earnings $ 10,700 16,300 17,000 97,000 41,500 $182,500 $182,500 Totals During January 2021, the following transactions occur: 2 Issue an additional 2,100 shares of...
what am i doing wrong with depreciation and utilities expense for my closing entries? EDIT: lol...
what am i doing wrong with depreciation and utilities expense
for my closing entries? EDIT: lol nvm im dumb
1,800 13 Jan 31 Depreciation Expense Accumulated Depreciation 1,800 Income Tax Expense Jan 31 2,300 14 Income Tax Payable 2,300 Jan 31 67,500 15 Service Revenue Retained Earnings 67,500 Retained Earnings Jan 31 16 63,200 Salaries Expense 43,200 Supplies Expense 8,500 7,400 Depreciation Expense Utilities Expense 1,800 Income Tax Expense 2,300 Retained Earnings 17 Jan 31 5,080 Dividends 5,080 General Ledger...
What would be under non-current assets and is my balance sheet correct in placements with correct...
What would be under non-current assets and is my balance sheet
correct in placements with correct amounts?
Credit Debit $ 44,700 48,500 9,500 84,000 Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Common Stock, $1 par value Additional Paid-in Capital Retained Earnings Totals $ 11,000 16,600 20,000 100,000 39,100 $186,700 $186,700 During January 2021, the following transactions occur: January 2 Issue an additional 2,300 shares of $1 par value common stock for $46,000. January 9 Provide services to...
On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances:...
On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances: Credit Accounts Debit $44,100 47,300 8,900 78,000 Cash Accounts Rece ivable Supplies Equipment Accumulated Depreciation Accounts Payable Common Stock, $1 par value Additional Paid-in Capital Retained Earnings 10,400 16,000 14,000 94,000 43,900 $178,300 $178,300 Totals During January 2021, the following transactions occur: January January January 10 Purchase additional supplies on account, $6,300. January 12 Purchase 1,100 shares of treasury stock for $21 per share....
Can you help me fix the question i got wrong, and the income balance. thank you!!!...
Can you help me fix the question i got wrong, and the income
balance. thank you!!!
On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances: 100 points Skipped Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Common Stock, $1 par value Additional Paid-in Capital Retained Earnings Totals Debit Credit $ 43,600 46,300 8,400 73,000 $ 9,900 15,500 19.00 89.000 37,900 $171,300 $171,380 eBook Print During January 2021, the following transactions occur...
Correct my mistakes please and give explanation if possible thank you. -General journal -Balance sheet -Analysis...
Correct my mistakes please and give explanation if possible
thank you.
-General journal
-Balance sheet
-Analysis
On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances: Debit $ 43,600 46,300 8,400 73,000 Credit Accounts Cash Accounts Receivable Supplies Equipment Accunulated Depreciation Accounts Payable Common Stock, $1 par value Additional Paid-in Capital Retained Earnings $ 9,900 15,500 19,000 89,000 37,900 $171,300 $171,300 Totals During January 2021, the following transactions occur January 2 Issue an additional...
Check my work On January 1, 2021, the general ledger of Grand Finale Fireworks includes the...
Check my work On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances: Accounts Debit Credit 43,200 45,500 8,000 Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Conmon Stock, $1 par value Additional Paid-in Capital Retained Earnings 15 points 69,000 $ 9,500 15,100 15,000 85,000 41,100 $165,700 $165,700 eBook References Totals During January 2021, the following transactions occur January 2 Isasue an additional 2,000 shares of 1 par value comnon atock for $40,000...
Required information [The following information applies to the questions displayed below.] On January 1, 2021, the...
Required information [The following information applies to the questions displayed below.] On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances: Accounts Debit Credit Cash $ 44,500 Accounts Receivable 48,100 Supplies 9,300 Equipment 82,000 Accumulated Depreciation $ 10,800 Accounts Payable 16,400 Common Stock, $1 par value 18,000 Additional Paid-in Capital 98,000 Retained Earnings 40,700 Totals $ 183,900 $ 183,900 During January 2021, the following transactions occur: January 2 Issue an additional 2,000 shares of...
I just need help with the ANALYSIS part.
But feel free to double-check the work I currently have.
THIS IS WHERE I NEEDED HELP WITH AND THE CALCULATION INVOLVED. I
want to make sure my Stockholder Equity and Net Income is right to
do these calculations.
On January 1, 2021, the general ledger of Finale Fireworks includes the following account balances: Credit Debit $ 44,700 48,500 9,500 84,000 Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Common Stock,...
On January 1, 2021, the general ledger of Grand Finale Fireworks
includes the following account balances:
Accounts
Debit
Credit
Cash
$
44,700
Accounts Receivable
48,500
Supplies
9,500
Equipment
84,000
Accumulated Depreciation
$
11,000
Accounts Payable
16,600
Common Stock, $1 par value
20,000
Additional Paid-in Capital
100,000
Retained Earnings
39,100
Totals
$
186,700
$
186,700
During January 2021, the following transactions occur:
January
2
Issue an additional 2,300 shares of $1 par value common stock
for $46,000.
January
9
Provide services...
PLease help. I don't
understand how to do this. don't know what i am doing.
On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances: Debit Credit Accounts $44,400 47,900 9,200 81,000 Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Common Stock, $1 par value Additional Paid-in Capital Retained Earnings $ 10,700 16,300 17,000 97,000 41,500 $182,500 $182,500 Totals During January 2021, the following transactions occur: 2 Issue an additional 2,100 shares of...
what am i doing wrong with depreciation and utilities expense
for my closing entries? EDIT: lol nvm im dumb
1,800 13 Jan 31 Depreciation Expense Accumulated Depreciation 1,800 Income Tax Expense Jan 31 2,300 14 Income Tax Payable 2,300 Jan 31 67,500 15 Service Revenue Retained Earnings 67,500 Retained Earnings Jan 31 16 63,200 Salaries Expense 43,200 Supplies Expense 8,500 7,400 Depreciation Expense Utilities Expense 1,800 Income Tax Expense 2,300 Retained Earnings 17 Jan 31 5,080 Dividends 5,080 General Ledger...
What would be under non-current assets and is my balance sheet
correct in placements with correct amounts?
Credit Debit $ 44,700 48,500 9,500 84,000 Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Common Stock, $1 par value Additional Paid-in Capital Retained Earnings Totals $ 11,000 16,600 20,000 100,000 39,100 $186,700 $186,700 During January 2021, the following transactions occur: January 2 Issue an additional 2,300 shares of $1 par value common stock for $46,000. January 9 Provide services to...
On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances: Credit Accounts Debit $44,100 47,300 8,900 78,000 Cash Accounts Rece ivable Supplies Equipment Accumulated Depreciation Accounts Payable Common Stock, $1 par value Additional Paid-in Capital Retained Earnings 10,400 16,000 14,000 94,000 43,900 $178,300 $178,300 Totals During January 2021, the following transactions occur: January January January 10 Purchase additional supplies on account, $6,300. January 12 Purchase 1,100 shares of treasury stock for $21 per share....
Can you help me fix the question i got wrong, and the income
balance. thank you!!!
On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances: 100 points Skipped Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Common Stock, $1 par value Additional Paid-in Capital Retained Earnings Totals Debit Credit $ 43,600 46,300 8,400 73,000 $ 9,900 15,500 19.00 89.000 37,900 $171,300 $171,380 eBook Print During January 2021, the following transactions occur...
Correct my mistakes please and give explanation if possible
thank you.
-General journal
-Balance sheet
-Analysis
On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances: Debit $ 43,600 46,300 8,400 73,000 Credit Accounts Cash Accounts Receivable Supplies Equipment Accunulated Depreciation Accounts Payable Common Stock, $1 par value Additional Paid-in Capital Retained Earnings $ 9,900 15,500 19,000 89,000 37,900 $171,300 $171,300 Totals During January 2021, the following transactions occur January 2 Issue an additional...
Check my work On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances: Accounts Debit Credit 43,200 45,500 8,000 Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Conmon Stock, $1 par value Additional Paid-in Capital Retained Earnings 15 points 69,000 $ 9,500 15,100 15,000 85,000 41,100 $165,700 $165,700 eBook References Totals During January 2021, the following transactions occur January 2 Isasue an additional 2,000 shares of 1 par value comnon atock for $40,000...
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