signments: X M Question 7-C Xwork iFILEPasteducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Flms.mheducation.com%252FmgA1Clipboard G56LEB-7HOME8910111213CalibriB IU •INSERT:FontREADYAttempt(s)X11Q Accounting Ex xPAGE LAYOUTAccounts PayableAccounts ReceivableCashEquipmentInsurance ExpenseOperating Expense***TA ATutoring RevenueUnearned RevenueYA.Other ExpensesOther RevenuesRent ExpenseSalaries ExpenseShort-term Notes PayableTest Prep Revenue5BCD1 The list below shows select accounts for Reading Readiness Company as of January 31, 20X1.Accounts are in alphabetical order.)234M Week 3 Anno XFORMULASSavedSDATA%Alignment Number Conditional Format as CellFormatting Table StylesStylesREVIEW✓ fx The list below shows select accounts for Reading Readiness Company as of< Prev8,0886,96013,4454,8001,35011,800141516171819 Required:20 L. Prepare an Income Statement for the month ended January 31, 20X1. Use cell referenceso select account titles and amounts to be included on the income statement.22 Vote: List revenues and expenses in order of largest to smallest dollar amounts.23243,4826,0504,8006,88217,20015,4009,1001,0467 of 8Microsoft acco XVIEWwwwAfter entering the formula in cell C42, use the Excel IF function to label cell B42 as either "Net Income" orSheet1▸+4O SearchCBCellsLNext >o Mail - Pedro XE#EditingmF+Sign In▶100%HintHelp SaA+YCA acation.com/ext/map/index.html?rk iFILETOTPasteClipboardH11&282930313233A34353637383940414243HOME-4Calibri▸BIUVINSERTREADYAttempt(s)B=Revenues:...Font-11Total RevenuesExpenses:✓B22 Note: List revenues and expenses in order of largest to smallest dollar amounts.23Total ExpensesPAGE LAYOUT1819 Required:20 1. Prepare an Income Statement for the month ended January 31, 20X1. Use cell references21 to select account titles and amounts to be included on the income statement.Sheet1YA A%A Alignment NumberTwwwfx24 2. After entering the formula in cell C42, use the Excel IF function to label cell B42 as either "Net Income" or25 "Net Loss" as appropriate based on the value calculated in cell C42.26275Preparing an income statement - ExcelFORMULASDATAREVIEW=READING READINESS CompanyIncome StatementFor the Month Ended January 31, 20X1+SavedC< PrevConditional Format as CellFormatting Table StylesStylesVIEWD47 of 8 HHH---E回 1CellsNext >MEditingF

Income Statement is a financial statement that includes revenue earned and expense incurred during…

A B C D 1 The list below shows select accounts for Reading Readiness Company as of January 31, 20X1. 2 Accounts are in alphabetical order.) 3 4 567604459927222 10 11 12 13 14 15 16 17 18 Accounts Payable Accounts Receivable Cash Equipment Insurance Expense Operating Expense Other Expenses Other Revenues Rent Expense Salaries Expense Short-term Notes Payable Test Prep Revenue Tutoring Revenue Unearned Revenue > READY Attempt(s) S 19 Required: 20 L. Prepare an Income Statement for the month ended January 31, 20X1. Use cell references 21 o select account titles and amounts to be included on the income statement. 22 Vote: List revenues and expenses in order of largest to smallest dollar amounts. 23 8,088 6,960 13,445 4,800 1,350 11,800 3,482 6,050 www 4,800 6,882 17,200 15,400 9,100 1,046 24 2. After entering the formula in cell C42, use the Excel IF function to label cell B42 as either "Net Income" or Sheet1 E 4 LL

A B C D 1 The list below shows select accounts for Reading Readiness Company as of January 31, 20X1. 2 Accounts are in alphabetical order.) 3 4 567604459927222 10 11 12 13 14 15 16 17 18 Accounts Payable Accounts Receivable Cash Equipment Insurance Expense Operating Expense Other Expenses Other Revenues Rent Expense Salaries Expense Short-term Notes Payable Test Prep Revenue Tutoring Revenue Unearned Revenue > READY Attempt(s) S 19 Required: 20 L. Prepare an Income Statement for the month ended January 31, 20X1. Use cell references 21 o select account titles and amounts to be included on the income statement. 22 Vote: List revenues and expenses in order of largest to smallest dollar amounts. 23 8,088 6,960 13,445 4,800 1,350 11,800 3,482 6,050 www 4,800 6,882 17,200 15,400 9,100 1,046 24 2. After entering the formula in cell C42, use the Excel IF function to label cell B42 as either "Net Income" or Sheet1 E 4 LL

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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JOURNAL Page 43 DATE DESCRIPTION POST. REF. DEBIT CREDIT 20-- Nov. 6 Payroll Cash 12 12,296.97 Cash 11 12,296.97 6 Administrative Salaries 51 2,307.69 Office Salaries 52 4,677.85 Sales Salaries 53 3,600.00 Plant Wages 54 4,898.00 FICA Taxes Payable - OASDI 20.1 959.99 FICA Taxes Payable - HI 20.2 224.53 Employees FIT Payable 24 902.00 Employees SIT Payable 25 475.37 Employees SUTA Payable 25.1 9.27 Employees CIT Payable 26 599.41 Union Dues Payable 28 16.00 Payroll Cash 12 12,296.97 6 Payroll Taxes 56 1,362.30 FICA Taxes Payable - OASDI 20.1 959.98 FICA Taxes Payable - HI 20.2 224.51 SUTA Taxes Payable - Employer 22 177.81 13 Payroll Cash 12 1,570.27 Cash 11 1,570.27 1. What is the total gross…
Greg Thomas purchased one-half of lan Hamilton's interest in the Freidman and Hamilton partnership for $35,250. Prior to the investment, land was revalued to a market value of $146,000 from a book value of $88,000. Adam Freidman and lan Hamilton share net income equally. Hamilton had a capital balance of $27,800 prior to these transactions. Required: a. On December 31, provide the journal entry for the revaluation of land.* b. On December 31, provide the journal entry to admit Thomas.*
Session Timed Out 9 Chapter 12: Payroll Accounting A ezto.mheducation.com/hm.tpx E Apps O Harford County Pu. start.hcps.org aSummary- Quizizz a Summary - Quizizz 9 Geometry Unit 3 St.. I connect Accounting & Finance: B4 JACCOUNTING Chapter 12: Payroll Accounting Question 1 (of 12) 1. The sales clerks of Teresa's Treasures are paid a sales they make. Find the amount of commission and gross earnings for these employees. (Round your answers to 2 decimal places. Omit the "$" sign in your response.) lary of $225 per ek plus a commission 8% on all Sales for the Week Name Commission Gross Earnings S 2,392.50 $ 3,480.75 Tina Valendez Jan Yarrow 02021 McGraw-Hill Education. ll rights P Search for anything DELL
Name $125 2-3 WORK TOGETHER, p. 49 Analyzing revenue, expense, and withdrawal transactions into debit and credit parts Mar. 16. Receved cash oh Mar. 11. Sold Services on account to John- Debr credit. Acc Rec Johannes Credit Debt $260 Mar. 13. Recieved cash from sales Debt Credit $125 John Jensen Capital Debr Credit Mar. 14. Pad cas Debt $260 8 260 ish for telephone Bill credit Utilities expense Debt Credit Date $260 Class Mar. 19. uny
education.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fims.mheducation.com Maps O Porter's Five Forc... ssignment 2 es Required information Req Di Keq DZ Assets Cash Req D3 Req D4 LEACH INCORPORATED Balance Sheet As of December 31, Year 2 Accounts receivable Less: Allowance for doubtful accounts Total assets Liabilities Stockholders' equity Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity Prepare the balance sheet for Year 2. (Enter amounts to be deducted with a minus sign. Round your answers to the nearest whole dollar amounts.) $ 15,650 4 Req D/ of 6 Next > Đà L
Forward solutions has the following balances as at September 30 2019
After Vaughn Company had completed all posting for the month of December, the sum of the balances in the following accounts payable subsidiary ledger did not agree with the balance of the control account in the general ledger. Name Ryker's Address 286 Buck Avenue Date Item Dec. 2 Name Geordie Company Address 818 Western Avenue Date Item Dec. 1 Balance 10 20 29 Name La Forge Company Address 90210 Baker Boulevard Date Item Dec. 1 Balance 18 29 Name Deanna Troi Address 2720 Sommers Avenue Date Item 27 Ref. Debit Credit Balance 3,400 3,400 P25 Ref. Debit Credit Balance 8,600 CP23 8,600 P32 G15 CP28 10,900 P34 900 Ref. Debit Credit Balance 10,900 P27 4,300 R33 4,300 11,600 5,200 Ref. Debit Credit Balance 7.000 7,000 9.000 700 14000
cory Bookmarks Window Help Fri Apr 30 6:38 PM edugen.wileyplus.com Return to Blackboard IS Weygandt, Accounting Principles, 13th Edition, Custom WileyPLUS Course for Bronx Community College Help | System Announcements CALCULATOR PRINTER VERSION 4 ВАСK NEXT Oriole Supply Co. has the following transactions related to notes receivable during the last 2 months of 2020. The company does not make entries to accrue interest except at December 31. Exercise 9-12 a-b (Part Level Submission) Nov. 1 Loaned $23,500 cash to Manny Lopez on a 12-month, 12% note. Dec. 11 Sold goods to Ralph Kremer, Inc., receiving a $61,200, 90-day, 10% note. 16 Received a $97,200, 180 day, 8% note in exchange for Joe Fernetti's outstanding accounts receivable. 31 Accrued interest revenue on all notes receivable. - (a) Orinla Sunnly Co. (Ignore entries for cost of goods sold.) (Credit account titles are automatically indented when amount is enterec Inrimal nlaces, e.g. 5,275. Record journal entries in the order…
On January 31, Outback Coast Resorts Inc. reacquired 23,900 shares of its common stock at $31 per share. On April 20, Outback Coast Resorts sold 14,000 of the reacquired shares at $40 per share. On October 4, Outback Coast Resorts sold the remaining shares at $29 per share. Required: Journalize the transactions of January 31, April 20, and October 4. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered.
On January 1, Pulse Recording Studio (PRS) had the following account balances. Accounts Payable Accounts Receivable Accumulated Depreciation-Equipment Cash Cash Equivalents Common Stock Deferred Revenue Equipment Notes Payable (long-term) Prepaid Rent Retained Earnings Supplies $ 8,600 6,800 6,500 3,640 1,580 10,300 4,000 30,300 12,200 3,060 4,250 470 The following transactions occurred during January. a. Received $2,510 cash on 1/1 from customers on account for recording services completed in December. b. Wrote checks on 1/2 totaling $4,280 for amounts owed on account at the end of December. c. Purchased and received supplies on account on 1/3, at a total cost of $200. d. Completed $4,000 of recording sessions on 1/4 that customers had paid for in advance in December. e. Received $4,690 cash on 1/5 from customers for recording sessions started and completed in January. f. Wrote a check on 1/6 for $4,120 for an amount owed on account. g. Converted $1,030 of cash equivalents into cash…
Shawna Sikes, Registered DieticianTrial BalanceJuly 31, 2024BalanceAccount Title Debit Credit Cash$30,000Accounts Receivable8, 700Office Supplies 1,600 Prepaid Insurance2, 800Equipment21,000 Accounts Payable$3,400Unearned Revenue 6,214 Notes Payable 25, 000Sikes, Capital 21,000Sikes, Withdrawals2, 000Service Revenue13, 186Salaries Expense1, 400Rent Expense800Utilities Expense500Total$ 68,800$68,80 Prepare A balance sheet based off the info provided
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