Homework Answers
| Income Statement | Revenue during the period |
| Balance sheet | Supplies on hand at the end of the year |
| Cash flow statement | Cash received from issuing new bonds during the period |
| Balance sheet | Total debts outstanding at the end of the year |
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Brief Exercise 1-7 Indicate which statement you would examine to find each of the following items:...
ASSIGNMENT RESOURCES Module 01 Assignment Chapter Brief Exercise 1-05 Indicate whether each of the following items...
ASSIGNMENT RESOURCES Module 01 Assignment Chapter Brief Exercise 1-05 Indicate whether each of the following items is an asset, liability, or part of owner's equity (a) Accounts receivable (b) Salaries and wages payable Brief Exercise to Die Erde 103 De Exercise 104 Brief Exercise 1-09 Bile Exercise 102 Brie Lxercise 110 DE 1.11 (c) Equipment (d) Supplies (e) Owner's capital Exer 104 tel 05 Ledel 10 111 (Video) Exercise 1 12 alea Pytlevel Submission (Video) Exerche 1.1 Exercise 15 Exercise...
Brief Exercise 1-10 Indicate whether each of these items is an asset, a liability, or part...
Brief Exercise 1-10 Indicate whether each of these items is an asset, a liability, or part of stockholders' equity. (al Salaries and wages payable Equipment Supplies Common stock Cel Notes payable Click ส yw would like to Show werk for this question. 0pm son wos
BE1-7 Indicate which statement-income statement (IS), statement of financial position (SFP), statement of changes in equity...
BE1-7 Indicate which statement-income statement (IS), statement of financial position (SFP), statement of changes in equity (SCE), or statement of cash flows (SCF)- you would examine to find each of the following items: (a) Sales revenue (b) Supplies (c) Dividends (d) Cash provided by operating activities (e) Total liabilities Cash used for financing activities Salaries expense (h) Common shares issued during the year
Exercise 13-1 How would each of the following items be reported on the balance sheet? Item...
Exercise 13-1 How would each of the following items be reported on the balance sheet? Item Reported on (a) Accrued vacation pay. (b) Estimated taxes payable. (c) Service warranties on appliance sales. (d) Bank overdraft. (e) Employee payroll deductions unremitted. (f) Unpaid bonus to officers. (g) Deposit received from customer to guarantee performance of a contract. (h) Sales taxes payable. (i) Gift certificates sold to customers but not yet redeemed. (i) Premium offers outstanding (k) Discount on notes payable. (I)...
Brief Exercise 7-1 Marigold Enterprises owns the following assets at December 31, 2017 Cash in bank-savings...
Brief Exercise 7-1 Marigold Enterprises owns the following assets at December 31, 2017 Cash in bank-savings account Cash on hand Cash refund due from IRS 65,000 9,850 35,500 Checking account balance Postdated checks Certificates of deposit (180-day) 25,700 910 95,390 ody. What amount should be reported as cash? Cash to be reported Click if you would like to Show Work for this question: Open Show Work
Brief Exercise 12-7 The T-accounts for Equipment and the related Accumulated Depreciation-Equipment for Crane Company at...
Brief Exercise 12-7 The T-accounts for Equipment and the related Accumulated Depreciation-Equipment for Crane Company at the end of 2017 are shown here Beg. bal. -20 End, ball Equipment 235,200 Disposals 122,304 292,824 Accum. Depr.-Equipment 14,994 Beg. bal. Depr. exp End. bal. Disposals 130,830 35,280 151,116 Study In addition, Crane Company's income statement reported a loss on the disposal of plant assets of $10,290. What amount was reported on the statement of cash flows as "cash flow from sale of...
ES CALCULATOR Brief Exercise 1-5 In alphabetical order below are balance sheet items for Marigold Corp....
ES CALCULATOR Brief Exercise 1-5 In alphabetical order below are balance sheet items for Marigold Corp. at December 31, 2017 Accounts payable $67,600 Accounts receivable 73,840 Cash 22,880 Common stock 18,720 Retained earnings 10,400 Prepare a balance sheet for Marigold Corp. as of December 31, 2017. (List assets in order of liquidity.) Marigold Corp. Balance Sheet Assets ady Liabilities and Stockholders' Equity $ . Click if you would like to Show Work for this question: Open Show Work SHOW LIST...
Brief Exercise 7-13 At July 31, Windsor, Inc. has the following bank information: cash balance per...
Brief Exercise 7-13 At July 31, Windsor, Inc. has the following bank information: cash balance per bank 58,070, outstanding checks $722, deposits in transit $1,481, and a bank service charge $24. Determine the adjusted cash balance per bank at July 31. Adjusted cash balance per bank Click if you would like to Show Work for this question: Open Show Work
CALCULATOR PRINTER VERSION BACK NEXT Brief Exercise 7-14 At August 31, Tamarisk, Inc. has a cash...
CALCULATOR PRINTER VERSION BACK NEXT Brief Exercise 7-14 At August 31, Tamarisk, Inc. has a cash balance per books of $8,120 and the following additional data from the bank statement: charge for printing Tamarisk, Inc. checks 548 and interest earned on checking account balance $46. In addition, Tamarisk, Inc. has outstanding checks of 5810. Determine the adjusted cash balance per books at August 31. Adjusted cash balance per books Click If you would like to show Work for this questioni...
Brief Exercise 12-07 The T-accounts for Equipment and the related Accumulated Depreciation-Equipment for Tamarisk, Inc. at...
Brief Exercise 12-07 The T-accounts for Equipment and the related Accumulated Depreciation-Equipment for Tamarisk, Inc. at the end of 2022 are shown here. 30,800 Beg. bal. Acquisitions End. bal. Equipment 112,000 Disposals 58,240 139,440 Accum. Depr.-Equipment 7,140 Beg. bal. Depr. exp. End. bal. Disposals 62,300 16,800 71,960 In addition, Tamarisk, Inc.'s income statement reported a loss on the disposal of plant assets of $4,900. What amount was reported on the statement of cash flows as "cash flow from sale of...
ASSIGNMENT RESOURCES Module 01 Assignment Chapter Brief Exercise 1-05 Indicate whether each of the following items is an asset, liability, or part of owner's equity (a) Accounts receivable (b) Salaries and wages payable Brief Exercise to Die Erde 103 De Exercise 104 Brief Exercise 1-09 Bile Exercise 102 Brie Lxercise 110 DE 1.11 (c) Equipment (d) Supplies (e) Owner's capital Exer 104 tel 05 Ledel 10 111 (Video) Exercise 1 12 alea Pytlevel Submission (Video) Exerche 1.1 Exercise 15 Exercise...
Brief Exercise 1-10 Indicate whether each of these items is an asset, a liability, or part of stockholders' equity. (al Salaries and wages payable Equipment Supplies Common stock Cel Notes payable Click ส yw would like to Show werk for this question. 0pm son wos
BE1-7 Indicate which statement-income statement (IS), statement of financial position (SFP), statement of changes in equity (SCE), or statement of cash flows (SCF)- you would examine to find each of the following items: (a) Sales revenue (b) Supplies (c) Dividends (d) Cash provided by operating activities (e) Total liabilities Cash used for financing activities Salaries expense (h) Common shares issued during the year
Exercise 13-1 How would each of the following items be reported on the balance sheet? Item Reported on (a) Accrued vacation pay. (b) Estimated taxes payable. (c) Service warranties on appliance sales. (d) Bank overdraft. (e) Employee payroll deductions unremitted. (f) Unpaid bonus to officers. (g) Deposit received from customer to guarantee performance of a contract. (h) Sales taxes payable. (i) Gift certificates sold to customers but not yet redeemed. (i) Premium offers outstanding (k) Discount on notes payable. (I)...
Brief Exercise 7-1 Marigold Enterprises owns the following assets at December 31, 2017 Cash in bank-savings account Cash on hand Cash refund due from IRS 65,000 9,850 35,500 Checking account balance Postdated checks Certificates of deposit (180-day) 25,700 910 95,390 ody. What amount should be reported as cash? Cash to be reported Click if you would like to Show Work for this question: Open Show Work
Brief Exercise 12-7 The T-accounts for Equipment and the related Accumulated Depreciation-Equipment for Crane Company at the end of 2017 are shown here Beg. bal. -20 End, ball Equipment 235,200 Disposals 122,304 292,824 Accum. Depr.-Equipment 14,994 Beg. bal. Depr. exp End. bal. Disposals 130,830 35,280 151,116 Study In addition, Crane Company's income statement reported a loss on the disposal of plant assets of $10,290. What amount was reported on the statement of cash flows as "cash flow from sale of...
ES CALCULATOR Brief Exercise 1-5 In alphabetical order below are balance sheet items for Marigold Corp. at December 31, 2017 Accounts payable $67,600 Accounts receivable 73,840 Cash 22,880 Common stock 18,720 Retained earnings 10,400 Prepare a balance sheet for Marigold Corp. as of December 31, 2017. (List assets in order of liquidity.) Marigold Corp. Balance Sheet Assets ady Liabilities and Stockholders' Equity $ . Click if you would like to Show Work for this question: Open Show Work SHOW LIST...
Brief Exercise 7-13 At July 31, Windsor, Inc. has the following bank information: cash balance per bank 58,070, outstanding checks $722, deposits in transit $1,481, and a bank service charge $24. Determine the adjusted cash balance per bank at July 31. Adjusted cash balance per bank Click if you would like to Show Work for this question: Open Show Work
CALCULATOR PRINTER VERSION BACK NEXT Brief Exercise 7-14 At August 31, Tamarisk, Inc. has a cash balance per books of $8,120 and the following additional data from the bank statement: charge for printing Tamarisk, Inc. checks 548 and interest earned on checking account balance $46. In addition, Tamarisk, Inc. has outstanding checks of 5810. Determine the adjusted cash balance per books at August 31. Adjusted cash balance per books Click If you would like to show Work for this questioni...
Brief Exercise 12-07 The T-accounts for Equipment and the related Accumulated Depreciation-Equipment for Tamarisk, Inc. at the end of 2022 are shown here. 30,800 Beg. bal. Acquisitions End. bal. Equipment 112,000 Disposals 58,240 139,440 Accum. Depr.-Equipment 7,140 Beg. bal. Depr. exp. End. bal. Disposals 62,300 16,800 71,960 In addition, Tamarisk, Inc.'s income statement reported a loss on the disposal of plant assets of $4,900. What amount was reported on the statement of cash flows as "cash flow from sale of...
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