DR.VEHICLESB12CR.20.320.6Sept1 BankCPJ 480 000 March 31 Asset Disposal120 000Balancec/d360 000480 000480 00020.620.6AprMayc/d1 Balance1 Bank360 000240 000b/dJune30 BalanceB13CR.DR.ACCUMULATED DEPRECIATION ON VEHICLES20.620.4June 30 DepreciationMarch 31 Assets Disposal30 Balance?Junec/d?20.5June 30 Depreciation20.6March 31 Depreciation30 DepreciationJuneJul1 Balanceb/dASSETS DISPOSALCR.DR.20.620.6March 31?March 3 Debtors Control69 500?ACTIVITY 2.18The following information is 27600-12 75014 850ACTIVITY 2.17The information below was taken from the books of Pat Traders.The business provides for depreciation on vehicles at 20 %% per annum on the diminishedbalance. The accounting period ends on 30 June each year.Sept 20.5.INSTRUCTIONS:ly20Complete the three accounts in full (including folio references) for the period1 September 20.3 to 30 June 20.6. Show your workings.Grade 11 Learners bookNew Generation Accounting Grade 11

Depreciation table Date Beginning Carrying cost Depreciation Ending Carrying cost Jun 20.4…

Answered: Complete the three acco 1 September…

Business

Accounting

Complete the three acco 1 September 20.3 to 30

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Required information [The following information applies to the questions displayed below.] Following are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owner, invested $6,250 cash and $26,875 of photography equipment in the company in exchange for common stock. 2 The company paid $3,000 cash for an insurance policy covering the next 24 months. 5 The company purchased supplies for $1,188 cash. 20 The company received $3,950 cash from taking photos for customers. 31 The company paid $866 cash for August utilities. Analyze each transaction above by showing its effects on the accounting equation-specifically, identify the accounts and amounts (including + or -) for each transaction. Use the following partial chart of accounts: Cash; Supplies; Prepaid Insurance; Equipment; Common Stock; Services Revenue; and Utilities Expense.
Record the journal entries for each of the following payroll transactions. If an amount box does not require, leave it blank. Apr. Paid $700 and $310 cash to a federal depository for 2 FICA Social Security and FICA Medicare, respectively. Apr. Paid accumulated employee salaries of $16,220. 4 Apr. Issued checks in the amounts of $480 for federal 11 income tax and $300 for state income tax to an IRS- approved bank. Apr. Paid cash to health insurance carrier for total 14 outstanding health insurance liability of $700. Apr. Remitted cash payments for FUTA and SUTA to federal 22 and state unemployment agencies in the amounts of $130 and $250, respectively. Apr. 2 Apr. 4 Apr. 11 Apr. 14 III II 1II I1 1II II III II
A ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnew Ch 10 Concept Videos i 6 Part 2 of 5 .75 oints eBook Ask Print References Mc Graw Hill Required information Journal entry worksheet 1 On December 31 Wintergreen, Inc., issued $150,000 of 7 percent, 10-year bonds at a price of 93.25. Note: Enter debits before credits. Date Dec. 31 General Journal Cash Discount on bonds payable Bonds payable Record entry Clear entry < Prev. Saved C Debit 139,875 S 678 HCC FIL 9 Credit View general journal of 35 US N
Good morning 12 mayo 8:52 pre 14
Question 25 Journalize Depreciation of $7,000 for the year. Edit View Insert Format Tools Table 12pt v Paragraph v BIU A O words
Question # 6 A Report a Problem G Revisit Choose the be Jatin who is entitled to a salary of Rs 36,000 p.m. took advance salary from his employer for the months of April and May 2019, along with salary of March 2019. The gross salary of Jatin for A.Y. 2019-20 shall be O 432000 O 504000 O 72000 O 468000 metti Deepanshu Support+1 650-924-9221 +91 80 471 P Type here to search
Whispering Winds Warehouse distributes hardback books to retail stores and extends credit to all of its customers. During the month of June, the following merchandising transactions occurred. June 1 Purchased books on account for $1.755 from Catlin Publishers: 3 Sold books on account to Garfunkel Bookstore for $1.550. The cost of the merchandise sold was $850. 6 Received $55 credit for books returhed to Catlin Publishers. Paid Catlin Publishers in full. 15 Received payment in full from Garfunkel Bookstore. 17 Sold books on account to Bell Tower for $1,550. The cost of the merchandise sold was $850. Purchased books on account for $850 from Priceless Book Publishers. 20 24 Received payment in full from Bell Tower. 26 Paid Priceless Book Publishers in full. 28 Sold books on account to General Bookstore for $2,650. The cost of the merchandise sold was $950. 30 Granted General Bookstore $210 credit for books returned costing $30, Prepare a tabular summary to record the transactions for the…
%24 %24 %24 %24 %24 eNOWv2 | Online teachin X Assignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator3D&inprogress3false Blackboard Learn US: The Texas Abort... eb California governor... USN Idaho Supreme Co... Oklahom ... Calculate interest using a 360-day year. If required, round your answers to the nearest cent. Principal Interest Rate Time Interest $2,700 9.6% 30 days 45 days 3,300 6.0% 80 days 3,800 10.5% 120 days $4 5,300 150 days
2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 G1 INPUT Month Number 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 B X WAC Beginning Balance $ 150,000 ✓ fx 8.600% CPR% PASS_THRU RATE D SMM% WAM Mortgage PMT Expected 360 Interest$ paid to Investors G ASS_THRU RAT Scheduled Principal PMT H 8.000% Estimated Principal Pre-PMT POOL$ Total Principal paid to Investors $ 150,000 Total Cash Flow to Investors Pool Fees PSA M 100
Honorlock Launch O Question 48 - MidTerm, Chapte >x C A Aser n A s 2 252%252 H Netflix * 192,188.23.72/Ed... * https://ee.dde.pr/. y Gma YouTube Maps Traducir Se eSantaFe Iniciar .. MidTerm, Chapters 1-7 Baved. TB MC Qu. 7-111 Kansas Enterprises purchased equipment for... 48 Kansas Enterprises purchased equipment for $75,500 on January 1, 2021. The equipment $9,000 at the end of five years. Using the double-declining balance method, the book value at December 31,2022, wou 36 Multiple Cholce $31,660. $27180
Santoyo Corporation keeps careful track of the time required to fill orders. Data concerning a particular order appear below: Hours Wait time 12.3 Process time 1.4 Inspection time 0.6 Move time 4.0 Queue time 5.7 The delivery cycle time was:
Instructions to chapter 10 exercises - Word eview View Help Y Tell me what you want to do AaBbCcDc AaBbCcDc AaBbC AABBCCD AaB AaBbCcD 1 Normal 1 No Spac... Heading 1 Heading 2 Title Subtitle Paragraph Styles Exer 10-4 Entries for notes payable Obj. 1 A business issued a 120-day,5% note for $60,000 to a creditor on account. Journalize the entries to record (a) the issuance of the note and (b) the payment of the note at maturity, including interest. Exer 10-6