please show me how to create theses T accounts and label which journal entry its from example like the cash t account
please show me how to create theses T accounts and label which journal entry its from...
Mason Yachts, a boat manufacturing company, begins business on
1/1/2017. For the transactions below, please update the
t-accounts and the trial
balance.
On January 1, 2017, Ted Mason invest $200,000 in exchange of
1,000 shares of $1 par Common Stock.
On January 1, 2017, Mason Yachts buys $6,000 worth of office
supplies with cash.
On January 1, 2017, Mason Yachts pre-Pays the following expenses
for the next 12 months: Rent Expense $6,000 and Insurance Expense
$3,600
On January 1, 2017...
please show journal entries for transactions 10 - 16 and the
income statement requested
Week-1 Basic Journal Entries Mason Yachts, a boat manufacturing company, begins business on 1/1/2017. Mason specializes in selling and repairing yachts. Alisting of all of Mason trial balance accounts can be found in 'trial balance tab below. For the transactions below, please record the necessary journal entries in the Journal Entries tab and update the balances in the trial balance. I have provided a "T-Account tab...
Accounts Payable $500 Accounts Receivable $1000 Accumulated Depreciation, Equipment $500 Cash $600 Common Stock $1200 Depreciation Expense, Equipment $0 Equipment $2300 Insurance Expense $0 Inventory $2000 Prepaid Insurance $600 Retained Earnings $2800 Service Fee Revenues $3500 Supplies $700 Supplies Expense $0 Wages Expense $1300 Wages Payable $0 Please 1) Give the account name 2) Include a description 3) and if it is a debit or credit, and what the balance is.
eBook 34 Show Me How She Calculator Journal Entries and Trial Balance On January 1, 2019, Sharon Matthews established Tri-City Realty, which completed the following transactions during the month: a. Sharon Matthews transferred cash from a personal bank account to an account to be used for the business, $20,000. b. Paid rent on office and equipment for the month $3,740. . Purchased supplies on account, $1,110. d. Paid creditor on account, $410. e. Eamed fees, receiving cash, $17,000. f. Paid...
Instructions Chart of Accounts General Journal T Accounts Unadjusted Trial Balance Instructions Wickers Restoration Services had the following transactions on May. 1. 2. 3. 4. 5. Received $48,000 from sale of common stock. Paid rent on office for the month, $880. Purchased supplies on account, $1,750, Earned fees, receiving cash, $12,600. Paid creditor on account, $1,000 Paid automobile expenses for month, $375, and miscellaneous expenses, $250. Paid office salaries for the month, $3,900, Earned fees which the customer will pay...
NEED HELP WITH T-ACCOUNTS AND TRIAL BALANCE
Transaction Analysis and Trial Balance Make T-accounts for the following accounts that appear in the general ledger of Mead Pet Hospital owned by R. Mead, a veterinarian Cash, Accounts Receivable, Supplies: Office Equipment Accounts Payable; Common Stock Dividends: Professional Fees Earned; Salaries Expense; and Rent Expense. Using the accounting equation, record each of the transactions in columnar format. Prepare journal entries and record the following December transactions in the T- accounts and key...
Requirements 2 and 3. Prepare T-Accounts for
each account. Insert in each T-account its September 30 balance as
given (example: Cash $2,300). Then, post the October transactions
to the T-accounts. Compute the balance in each account.
Common Stock Bal Bal (a) (b) 8,500 4,3001 Cash 23001 4,3001 6,400 (c) 14001 (th) 50001 (e) 4,400 1,700 3,300 Bal Bal 10809 Accounts Receivable 3,500 (e) Retained Eamings Bal Bal 2,8001 1,400 Bal 21001 Supplies Dividends Service Revenue Equipment 11,500 Bal Rent Expense...
13 seconds. Status: Trial Balance wash Accounts Receivable Supplies Land Accounts Payable Wages Payable Common Stock Retained Earnings Dividends Fees Earned Wages Expense Rent Expense 10000 20000 5000 37000 11000 3000 44000 7000 15000 35000 6000 7000 100000 100000 === ======== == What are the total assets? $35,000 $72,000 $116,000 Click Save and Submit to save and submit. Click Save All A QUESTION 10 I bou ght office supplies on account. How do I record that? a. Office Supplies, debit:...
These are the journal entries
to the accounts in the general ledgar. I am having trouble on how
to make a trial balance. It has 12 columns to fill in data with
account type and the amount that each account type has but I can
not figure the pieces out.
28 N o Q H K M notes payable Date Explanation Ref Debit Credit Balance 4-Sep equipment 20000 20000 common stock Date Explanation Ref Debit Credit Balance 1-Sep cash 25000...
Can
anyone please do these T accounts and Trial Balance...Thank you so
much!!!
Learning Journal Unit 3 The Learning Journal is a space where you should reflect on what was learned during the week and how it applies to your daily life and will help you with your life (career goals. For this week's assignment, you will build on the Unit 2 leaming journal by using the information in the attached template located in this unit's on the main page....