Question

Homework: Unit 1 Assignment 1 Score: 0 of B pts Hw Score: 60%, 24 of 40 pts
g with the transaction on the 1st. For each transaction that follows the transaction on the 1st, calculate the balance in each account after analyzing its effect on th lem statement. (Complete only the necessary answer boxes for your transaction lines. (Do not enter any zeros for your transaction lines.] Carry down all balances ith a minus sign or are theses Abbreviations used: Ap Accounts Payable: A Accounts e e able: Ad. A hertising: Cap T s, Capt tExp E Thomas, Withdrawals.) EQUIT More Info hdr. +Serv. Re Rev Dec. 1 Conner contributed $19.000 cash in exchange for capital. 2 Received $3.800 cash from customers for services performed 5 Paid $200 cash for office supplies. 9 Performed services for a customer and billed the customer for services rendered, $4,500. 10 Received $200 invoice for utilities due in two weeks. 15 Paid for advertising in the local paper, $250. 20 Paid utility invoice received on Dec. 10. 25 Collected cash in full from customer billed on Dec. 9 28 Paid rent for the month, $1,600. 28 Paid $1.450 to assistant for wages 30 Received $1,400 cash from customers for services performed. 31 Thomas withdrew $3,500 Print Done
0 0
Add a comment Improve this question Transcribed image text
Know the answer?
Add Answer to:
Homework: Unit 1 Assignment 1 Score: 0 of B pts Hw Score: 60%, 24 of 40...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Save Homework: Chapter 1 Homework 2 [Required] Score: 0 of 1 pt 13 of 13 (12...

    Save Homework: Chapter 1 Homework 2 [Required] Score: 0 of 1 pt 13 of 13 (12 complete) P1-41A (similar to) > HW Score: 79.73%, 10.36 of 13 pts 13 Question Help Cory Timmins started a new business, Timmins Gymnastics, and completed the following transactions during December: i (Click the icon to view the transactions.) Analyze the effects of the transactions on the accounting equation of Timmins Gymnastics. Analyze the events chronologically, one transaction at a time, beginning with the transaction...

  • Analyze the events​ chronologically, one transaction at a​ time, beginning with the transaction on the 1st....

    Analyze the events​ chronologically, one transaction at a​ time, beginning with the transaction on the 1st. For each transaction that follows​ the transaction on the​ 1st, calculate the balance in each account after analyzing its effect on the accounting equation. ​(Complete only the necessary answer boxes for your transaction lines.​ [Do not enter any zeros for your transaction​lines.] Carry down all balances to the​ "Bal." line, including zero balance​ accounts, entering a​ "0" for any zero balances. Enter a decrease...

  • ACC 201, Sec 009, Spring 2019, Miller (1) Homework: Graded MAL HW #1 [Ch. 1] Spring...

    ACC 201, Sec 009, Spring 2019, Miller (1) Homework: Graded MAL HW #1 [Ch. 1] Spring Save 2019 Score: 0 of 18 pts P1-41A (similar to) Cosmo Turnbull started a new business, Turnbull Gymnastics, and completed the < 5 of 14 (3 complete) HW Score: 2.23%, 4 of 179 pt EQuestion Help Cosmo Tumbull sarted a new busines, Tumbull Gymnastics, and completed thefollowing ransactions during Decembe Click the icon to view the transactions.) Analyze the effects of the transactions on...

  • Cosmo Thomas started a new business, Thomas Gymnastics, and completed the following transactions during December: Dec....

    Cosmo Thomas started a new business, Thomas Gymnastics, and completed the following transactions during December: Dec. 1 2 5 9 10 15 Thomas contributed $19,000 cash in exchange for capital. Received $3,800 cash from customers for services performed. Paid $300 cash for office supplies. Performed services for a customer and billed the customer for services rendered, $4,500 Received $150 invoice for utilities due in two weeks. Paid for advertising in the local paper, $350. Paid utility invoice received on Dec....

  • Cosmo Thomas started a new business, Thomas Gymnastics, and completed the following transactions during December: Dec....

    Cosmo Thomas started a new business, Thomas Gymnastics, and completed the following transactions during December: Dec. 1 Thomas contributed $19,000 cash in exchange for capital. 2 Received $3,800 cash from customers for services performed. 5 Paid $300 cash for office supplies. 9 Performed services for a customer and billed the customer for services rendered, $4,500. 10 Received $150 invoice for utilities due in two weeks. 15 Paid for advertising in the local paper, $350. 20 Paid utility invoice received on...

  • 1 Received Dec. Received $26,000 cash from Christian in exchange for commorn 2 5 9 stock....

    1 Received Dec. Received $26,000 cash from Christian in exchange for commorn 2 5 9 stock. Received $3,200 cash from customers for services performed. Paid $450 cash for office supplies. Performed services for a customer and billed the customer for services rendered, $2,400. 10 Received $500 invoice for utilities due in two weeks. 15 Paid for advertising in the local paper, $275. 20 Paid utility invoice received on December 10 25 Collected cash in full from customer billed on December...

  • P1-41A (similar to) Question Help Camden Tinnemeyer started a new business, Tinnemeyer Gymnastics, and completed the...

    P1-41A (similar to) Question Help Camden Tinnemeyer started a new business, Tinnemeyer Gymnastics, and completed the following transactions during December (Click the icon to view the transactions.) Analyze the effects of the transactions on the accounting equation of Tinnemeyer Gymnastics. * More Info - X Analyze the events chronologically, one transaction at a time, beginning with the transaction on the 1st. For each transaction that follows the transaction on th the necessary answer boxes for your transaction lines. [Do not...

  • please no handwriting 14t presented on page 41. P1-41A Using the accounting equatio unting equation for...

    please no handwriting 14t presented on page 41. P1-41A Using the accounting equatio unting equation for transaction analysis In Turnbull started a new business, Turnbull Gymnastics, and completed the following transactions during December: Dec. 1 2 Cameron contributed $ 21.000 cash in exchange for capital. Received $2,400 cash from customers for services performed. 5 10 15 Paid $350 cash for office supplies. Performed services for a customer and billed the customer for services rendered, $150 Received $100 invoice for utilities...

  • 9 of 9 (8 complete) d the following transactions during December More Info - Х Dec...

    9 of 9 (8 complete) d the following transactions during December More Info - Х Dec Jala nes Aco als 1 Christopher contributed $21,000 cash in exchange for capital 2 Received $2,400 cash from customers for services performed, 5 Paid $500 cash for office supplies. 9 Performed services for a customer and billed the customer for services rendered, $1,500. 10 Received $250 invoice for utilities due in two weeks. 15 Paid for advertising in the local paper, $475 20 Paid...

  • Homework: Ch 2 Homework Save Score: 0 of 3 pts 4 of 7 (3 complete) HW...

    Homework: Ch 2 Homework Save Score: 0 of 3 pts 4 of 7 (3 complete) HW Score: 23.28%, 4.66 of 20 pts P2-67B (similar to) Question Help During the first month of operations (January 2018). Stubbs Music Services Corporation completed the following selected transactions: i (Click the icon to view the transaction data.) Read the requirements Requirement 1. Record each transaction directly in the T-accounts without using a journal. Use the letters to identify the transactions. Determine the ending balance...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT