Ans. | HELP TODAY | |||
Balance Sheet | ||||
For the Month Ended August 31 | ||||
Assets | Liabilities & Equity | |||
Current assets: | Liabilities: | |||
Cash | $25,440 | Accounts payable | $10,420 | |
Accounts receivables | $22,470 | Total liabilities (a) | $10,420 | |
Office supplies | $5,360 | |||
Total current assets (a) | $53,270 | |||
Fixed assets: | Equity : | |||
Land | $44,100 | Common stock | $103,000 | |
Office equipment | $20,120 | Retained earnings | $4,070 | |
Total fixed assets (b) | $64,220 | Total Equity (b) | $107,070 | |
Total assets (a+b) | $117,490 | Total liabilities and Equity (a + b) | $117,490 | |
*Here are no long term liablities so the accounts payable (current liability) will be total liabilities. | ||||
Required information [The following information applies to the questions displayed below.] Part 3 of 3 Carmen...
Required information The following information applies to the questions displayed below.] Part 2 of 3 Carmen Camry operates a consulting firm called Help Today, which began operations on August 1. On August 31, the company's records show the following selected accounts and amounts for the month of August. 1.42 points Cash Accounts receivable Office supplies Land Office equipment Accounts payable Common stock 25,440 Dividends 22,470 Consulting fees earned 5,360 Rent expense 44,100 Salaries expense 20,120 Telephone expense 10,420 Miscellaneous expenses...
Required information [The following information applies to the questions displayed below.) Part 1 of 3 Carmen Camry operates a consulting firm called Help Today, which began operations on August 1. On August 31, the company's records show the following selected accounts and amounts for the month of August. 1.42 points $ Cash Accounts receivable Office supplies Land Office equipment Accounts payable Common stock 25,440 Dividends 22,470 Consulting fees earned 5,360 Rent expense 44,100 Salaries expense 20,120 Telephone expense 10,420 Miscellaneous...
Required information [The following information applies to the questions displayed below.] Carmen Camry operates a consulting firm called Help Today, which began operations on August 1. On August 31, the company's records show the following accounts and amounts for the month of August. Cash Accounts receivable Office supplies Land Office equipment Accounts payable $ 25, 260 C. Camry, Withdrawals 22,270 Consulting fees earned 5,130 Rent expense 43,930 Salaries expense 19,900 Telephone expense 10,780 Miscellaneous expenses $ 5,890 26,910 9,440 5,500...
Required information [The following information applies to the questions displayed below.) Carmen Camry operates a consulting firm called Help Today, which began operations on August 1. On August 31, the company's records show the following accounts and amounts for the month of August. Cash Accounts receivable Office supplies Land Office equipment Accounts payable $ 25,399 C. Camry, withdrawals 22,390 Consulting fees earned 5.280 Rent expense 44,030 Salaries expense 20,30 Telephone expense 10,580 Miscellaneous expenses $ 6,030 27,020 9,580 5,630 900...
Required information [The following information applies to the questions displayed below] Carmen Camry operates a consulting firm called Help Today, which began operations company's records show the following accounts and amounts for the month of Augus Cash Accounts receivable Office supplies Land Office equipment Accounts payable $ 25, 240 C. Camry, Withdrawals 22,260 Consulting fees earned 5,110 Rent expense 43,920 Salaries expense 19,899 Telephone expense 10,740 Miscellaneous expenses $ 5,870 26,909 9,420 5,490 730 410 Use the above information to...
Required information [The following information applies to the questions displayed below.] Carmen Camry operates a consulting firm called Help Today, which began operations on August 1. On August 31, the company's records show the following selected accounts and amounts for the month of August. $ Cash Accounts receivable Office supplies Land Office equipment Accounts payable Common stock 25,330 Dividends 22,330 Consulting fees earned 5,210 Rent expense 43,980 Salaries expense 19,970 Telephone expense 10,730 Miscellaneous expenses 101,500 $ 5,960 26,970 9,510...
Required information [The following information applies to the questions displayed below.] Carmen Camry operates a consulting firm called Help Today, which began operations on August 1. On August 31, the company's records show the following selected accounts and amounts for the month of August. Cash $ Accounts receivable office supplies Land office equipment Accounts payable Common stock 25, 430 Dividends 22,450 Consulting fees earned 5,340 Rent expense 44.080 Salaries expense 20.100 Telephone expense 10.480 Miscellaneous expenses 102.800 $ 6,080 27,000...
Required information [The following information applies to the questions displayed below.] Carmen Camry operates a consulting firm called Help Today, which began operations on August 1. On August 31, the company's records show the following selected accounts and amounts for the month of August. Cash Accounts receivable Office supplies Land Office equipment Accounts payable Common stock 25,200 Dividends 22, 240 Consulting fees earned 5,080 Rent expense 43,890 Salaries expense 19,860 Telephone expense 10,840 Miscellaneous expenses 100,300 $ 5,830 26,880 9,390...
Required information [The following information applies to the questions displayed below.) Carmen Camry operates a consulting firm called Help Today, which began operations on August 1. On August 31, the company's records show the following accounts and amounts for the month of August. Cash Accounts receivable Office supplies Land Office equipment Accounts payable $ 25, 260 C. Camry, Withdrawals 22,270 Consulting fees earned 5,130 Rent expense 43,930 Salaries expense 19,900 Telephone expense 10,780 Miscellaneous expenses $ 5,890 26,910 9,440 5,500...
Required information [The following information applies to the questions displayed below) Carmen Camry operates a consulting firm called Help Today, which began operations on August 1. On August 31, the company's records show the following accounts and amounts for the month of August. Cash Accounts receivable office supplies Land office equipment Accounts payable $ 25,390 C. Camry, withdrawals 22,390 Consulting fees earned 5,280 Rent expense 44,30 Salaries expense 20.030 Telephone expense 10,580 Miscellaneous expenses $6,03e 27.020 9.580 5.630 900 540...