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The following information is available for Riverbed at December 31, 2019 Buildings Accounts Receivable Prepaid Insurance...
Your answer is partially correct. The following information is available for Riverbed Bowling Alley at December...
Your answer is partially correct. The following information is available for Riverbed Bowling Alley at December 31, 2022. Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense $129.900 14,580 4,760 17,740 60,800 78,000 780 7.360 2,350 Share Capital Retained Earnings (beginning) Accumulated Depreciation-Buildings Accounts Payable Notes Payable Accumulated Depreciation-Equipment Interest Payable Bowling Revenues $100,000 29,480 42,570 11.700 97,600 18.240 2,350 14,330 Prepare a classified statement of financial position. Assume that $14.200 of the notes payable...
The following information is available for Ayayai at December 31, 2019 Buildings Accounts Receivable Prepaid Insurance...
The following information is available for Ayayai at December 31, 2019 Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense nterest Expense $100,000 2,570 42,450 11,500 97,580 55,000 Accumulated Depreciation-Equipment 18,520 2,100 14,100 $127,500 Share Capital 14,410 Retained Earnings (beginning) 4,550 Accumulated Depreciation Buildings 16,840 Accounts Payable 60,400 Notes Payable 780 Interest Payable 7,240 2,100 Bowling Revenues Prepare a classified statement of financial position. Assume that $12,900 of the notes payable will be paid in 2020. (List...
The following information is available for Pronghorn at December 31, 2019. Buildings Accounts Receivable Prepaid Insurance...
The following information is available for Pronghorn at December 31, 2019. Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense $129,100 Share Capital 14.570 Retained Earnings (beginning) 4,790 Accumulated Depreciation-Buildings 19.040 Accounts Payable 63,800 Notes Payable 66,000 Accumulated Depreciation-Equipment 780 Interest Payable 7,370 Bowling Revenues 3,050 $100,000 19,490 42,450 13.000 97,800 18,540 3,050 14.170 Prepare a classified statement of financial position. Assume that $15,100 of the notes payable will be paid in 2020. (List Current...
The following information is available for Ayayai Bowling Alley at December 31, 2022. Buildings Accounts Receivable...
The following information is available for Ayayai Bowling Alley at December 31, 2022. Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense $127,500 14,410 4,550 16,840 60,400 55,000 Share Capital Retained Earnings (beginning) Accumulated Depreciation-Buildings Accounts Payable Notes Payable Accumulated Depreciation-Equipment Interest Payable Bowling Revenues $100,000 2,970 42,450 11,500 97,580 18,120 2,100 14,100 780 7,240 2,100 Prepare a classified statement of financial position. Assume that $12,900 of the notes payable will be paid in 2023....
Current Attempt in Progress The adjusted trial balance for Riverbed at December 31, 2019, contains the...
Current Attempt in Progress The adjusted trial balance for Riverbed at December 31, 2019, contains the following accounts. Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense Debit $127,600 14,100 4.700 18,500 62.900 67,600 600 7.200 2,200 $305,400 Common Stock Retained Earnings Accumulated Depreciation - Buildings Accounts Payable Notes Payable Accumulated Depreciation-Equipment Interest Payable Service Revenue Credit $93,300 26,300 42,600 11,000 97,300 17,300 2,200 15,400 $279.100 Prepare a classified balance sheet: assume that $22,000 of...
The adjusted trial balance for Monty at December 31, 2019, contains the following accounts. Debit Credit...
The adjusted trial balance for Monty at December 31, 2019, contains the following accounts. Debit Credit Buildings $127,400 Common Stock $93,050 Accounts Receivable 14.700 26,150 Retained Earnings Accumulated Depreciation-Buildings Prepaid Insurance 4,400 43,300 Cash 18,900 Accounts Payable 11,900 Equipment 62,500 Notes Payable 96,300 18,300 Land Insurance Expense 68,500 Accumulated Depreciation-Equipment 900 Interest Payable 7,400 Service Revenue 2,400 $307,100 2,400 15,700 Depreciation Expense Interest Expense $280,950 Prepare a classified balance sheet: assume that $23,000 of the note payable will be paid...
Your answer is partially correct. The following information is available for Marigold Bowling Alley at December...
Your answer is partially correct. The following information is available for Marigold Bowling Alley at December 31, 2022. $129,000 14,460 4,800 $100,000 5,290 42,480 18,240 13,200 Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense Share Capital Retained Earnings (beginning) Accumulated Depreciation-Buildings Accounts Payable Notes Payable Accumulated Depreciation-Equipment Interest Payable Bowling Revenues 61,400 55,000 780 97,620 18,420 2,150 14,160 7,490 2,150 Prepare a classified statement of financial position. Assume that $14,200 of the notes payable...
These items are taken from the financial statements of Coronado Industries at December 31, 2017. Buildings $105,8...
These items are taken from the financial statements of Coronado Industries at December 31, 2017. Buildings $105,800 Accounts receivable 12,600 Prepaid insurance 3,200 Cash 11,840 Equipment 82,400 Land 61,200 Insurance expense 780 Depreciation expense 5,300 Interest expense Common stock 2,600 60,000 40,000 Retained earnings (January 1, 2017) Accumulated depreciation--buildings 45,600 Accounts payable 9,500 Notes payable Accumulated depreciation-equipment 93,600 18,720 3,600 14,700 Interest payable Service revenue For the Year Ended December 31, 2017 : Assets Current Assets Cash 11840 Accounts Receivable...
These items are taken from the financial statements of Ivanhoe Company at December 31, 2022 Buildings...
These items are taken from the financial statements of Ivanhoe Company at December 31, 2022 Buildings Accounts receivable Prepaid insurance Cash Equipment Land Insurance expense Depreciation expense Interest expense Common stock Retained earnings (January 1, 2022) Accumulated depreciation-buildings Accounts payable Notes payable Accumulated depreciation equipment Interest payable Service revenue $90,988 10,836 2,752 10,182 70,864 52,632 671 4,558 2236 51,600 34,400 39,216 8.170 80,496 16,099 3,096 12642 Prepare a classified balance sheet. Assume that $11.696 of the note payable will be...
These items are taken from the financial statements of Pharoah Company at December 31, 2022. Buildings...
These items are taken from the financial statements of Pharoah Company at December 31, 2022. Buildings Accounts receivable Prepaid insurance Cash Equipment Land Insurance expense Depreciation expense Interest expense Common stock Retained earnings (January 1, 2022) Accumulated depreciation-buildings Accounts payable Notes payable Accumulated depreciation equipment Interest payable Service revenue $95,220 11,340 2,880 10,656 74,160 55,080 702 4,770 2,340 54,000 36,000 41,040 8,550 84,240 16,848 3,240 13,230 PHAROAH COMPANY Balance Sheet December 31, 2022 Assets Current Assets Current Assets Cash 10,656...
Your answer is partially correct. The following information is available for Riverbed Bowling Alley at December 31, 2022. Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense $129.900 14,580 4,760 17,740 60,800 78,000 780 7.360 2,350 Share Capital Retained Earnings (beginning) Accumulated Depreciation-Buildings Accounts Payable Notes Payable Accumulated Depreciation-Equipment Interest Payable Bowling Revenues $100,000 29,480 42,570 11.700 97,600 18.240 2,350 14,330 Prepare a classified statement of financial position. Assume that $14.200 of the notes payable...
The following information is available for Ayayai at December 31, 2019 Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense nterest Expense $100,000 2,570 42,450 11,500 97,580 55,000 Accumulated Depreciation-Equipment 18,520 2,100 14,100 $127,500 Share Capital 14,410 Retained Earnings (beginning) 4,550 Accumulated Depreciation Buildings 16,840 Accounts Payable 60,400 Notes Payable 780 Interest Payable 7,240 2,100 Bowling Revenues Prepare a classified statement of financial position. Assume that $12,900 of the notes payable will be paid in 2020. (List...
The following information is available for Pronghorn at December 31, 2019. Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense $129,100 Share Capital 14.570 Retained Earnings (beginning) 4,790 Accumulated Depreciation-Buildings 19.040 Accounts Payable 63,800 Notes Payable 66,000 Accumulated Depreciation-Equipment 780 Interest Payable 7,370 Bowling Revenues 3,050 $100,000 19,490 42,450 13.000 97,800 18,540 3,050 14.170 Prepare a classified statement of financial position. Assume that $15,100 of the notes payable will be paid in 2020. (List Current...
The following information is available for Ayayai Bowling Alley at December 31, 2022. Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense $127,500 14,410 4,550 16,840 60,400 55,000 Share Capital Retained Earnings (beginning) Accumulated Depreciation-Buildings Accounts Payable Notes Payable Accumulated Depreciation-Equipment Interest Payable Bowling Revenues $100,000 2,970 42,450 11,500 97,580 18,120 2,100 14,100 780 7,240 2,100 Prepare a classified statement of financial position. Assume that $12,900 of the notes payable will be paid in 2023....
Current Attempt in Progress The adjusted trial balance for Riverbed at December 31, 2019, contains the following accounts. Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense Debit $127,600 14,100 4.700 18,500 62.900 67,600 600 7.200 2,200 $305,400 Common Stock Retained Earnings Accumulated Depreciation - Buildings Accounts Payable Notes Payable Accumulated Depreciation-Equipment Interest Payable Service Revenue Credit $93,300 26,300 42,600 11,000 97,300 17,300 2,200 15,400 $279.100 Prepare a classified balance sheet: assume that $22,000 of...
The adjusted trial balance for Monty at December 31, 2019, contains the following accounts. Debit Credit Buildings $127,400 Common Stock $93,050 Accounts Receivable 14.700 26,150 Retained Earnings Accumulated Depreciation-Buildings Prepaid Insurance 4,400 43,300 Cash 18,900 Accounts Payable 11,900 Equipment 62,500 Notes Payable 96,300 18,300 Land Insurance Expense 68,500 Accumulated Depreciation-Equipment 900 Interest Payable 7,400 Service Revenue 2,400 $307,100 2,400 15,700 Depreciation Expense Interest Expense $280,950 Prepare a classified balance sheet: assume that $23,000 of the note payable will be paid...
Your answer is partially correct. The following information is available for Marigold Bowling Alley at December 31, 2022. $129,000 14,460 4,800 $100,000 5,290 42,480 18,240 13,200 Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense Share Capital Retained Earnings (beginning) Accumulated Depreciation-Buildings Accounts Payable Notes Payable Accumulated Depreciation-Equipment Interest Payable Bowling Revenues 61,400 55,000 780 97,620 18,420 2,150 14,160 7,490 2,150 Prepare a classified statement of financial position. Assume that $14,200 of the notes payable...
These items are taken from the financial statements of Coronado Industries at December 31, 2017. Buildings $105,800 Accounts receivable 12,600 Prepaid insurance 3,200 Cash 11,840 Equipment 82,400 Land 61,200 Insurance expense 780 Depreciation expense 5,300 Interest expense Common stock 2,600 60,000 40,000 Retained earnings (January 1, 2017) Accumulated depreciation--buildings 45,600 Accounts payable 9,500 Notes payable Accumulated depreciation-equipment 93,600 18,720 3,600 14,700 Interest payable Service revenue For the Year Ended December 31, 2017 : Assets Current Assets Cash 11840 Accounts Receivable...
These items are taken from the financial statements of Ivanhoe Company at December 31, 2022 Buildings Accounts receivable Prepaid insurance Cash Equipment Land Insurance expense Depreciation expense Interest expense Common stock Retained earnings (January 1, 2022) Accumulated depreciation-buildings Accounts payable Notes payable Accumulated depreciation equipment Interest payable Service revenue $90,988 10,836 2,752 10,182 70,864 52,632 671 4,558 2236 51,600 34,400 39,216 8.170 80,496 16,099 3,096 12642 Prepare a classified balance sheet. Assume that $11.696 of the note payable will be...
These items are taken from the financial statements of Pharoah Company at December 31, 2022. Buildings Accounts receivable Prepaid insurance Cash Equipment Land Insurance expense Depreciation expense Interest expense Common stock Retained earnings (January 1, 2022) Accumulated depreciation-buildings Accounts payable Notes payable Accumulated depreciation equipment Interest payable Service revenue $95,220 11,340 2,880 10,656 74,160 55,080 702 4,770 2,340 54,000 36,000 41,040 8,550 84,240 16,848 3,240 13,230 PHAROAH COMPANY Balance Sheet December 31, 2022 Assets Current Assets Current Assets Cash 10,656...
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