Date Accounts title & Explanations Debit S Credit S Sep-01 Cash 20000 Owner's Capital 20000 Sep-02 Rent Expense Cash 1000 1000 Sep-03 Equipment 25000 Cash 10000 Notes Payable 15000 Sep-04 Prepaid Insurance 1200 Cash 1200 Sep-10 Advertising Expense Accounts Payable 200 200 Sep-20 Owner's Drawing 700 Cash 700 Sep-30 Cash 6200 Service Revenue 6200

Date Accounts title & Explanations Debit S Credit S Sep-01 Cash 20000 Owner's Capital 20000 Sep-02 Rent Expense Cash 1000 1000 Sep-03 Equipment 25000 Cash 10000 Notes Payable 15000 Sep-04 Prepaid Insurance 1200 Cash 1200 Sep-10 Advertising Expense Accounts Payable 200 200 Sep-20 Owner's Drawing 700 Cash 700 Sep-30 Cash 6200 Service Revenue 6200

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter4: Operating Activities: Sales And Cash Receipts

Section: Chapter Questions

Problem 2.4C

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Edit View History ouTube Lead the Way | Wake Technical X OJECT i S 1 my.waketech.edu - Student - X ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launch t1 of 7 eBook erences 2 W Maps 00 Bookmarks # 3 Accounts Cash Accounts Receivable Allowance for Uncollectible Accounts Inventory Land Equipment Accumulated Depreciation Accounts Payable Notes Payable (6%, due April 1, 2022) Common Stock Retained Earnings Totals 54,642 E Profiles Tab Window Required information [The following information applies to the questions displayed below.] On January 1, 2021, the general ledger of ACME Fireworks includes the following account balances: с $ 4 R JUL 10 During January 2021, the following transactions occur: January 2 Sold gift cards totaling $10,000. The cards are redeemable for merchandise within one year of the purchase date. January 6 Purchase additional inventory on account, $157,000. January 15 Firework sales for the first half of the month total $145,000. All of these…
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essment G Assets are creditors' claims on as G Ownership of good is transferred X Q Financial ACcounting ch. 3 Flashc x+ A blackboard.uob.edu.bh/ultra/courses/_24666_1/outline/assessment/_694623_1/overview/attempt/_3141425_1?courseld=_24666_1 Welcome to Facebo... G Google 9 Favorites O J a a a 常用网站 المنبر الفاطمي - الأف،. Question 13 On December 2020, Miranda Right started Right consulting, a new business, and completed the following transactions during the first year of operations. The company designed a financial plan for a client and immediately collected an $8,000 cash fee The Journal Entry for this transaction will be Dr. Cash $8,000 Cr. Consulting Revenue $8,000 Dr. Accounts Receivables $8,000 Cr. Cash $8,000 Dr. Accounts Payable $8,000 Cr. Cash $8,000 Dr. Consulting Revenue $8,000 Cr. Cash $8,000 2 DeintE
Account$ 51,000Accounts payable$33, 700 Land Notes payable49,000Accounts receivable 71, 2000perating expenses 102,000Building86, 500Prepaid insurance3.100Cash3, 200Service revenue172.000Equipment35, 700Unearned revenue 3,000J. Koizumi, capitalJ. Koizumi, drawings99, 0004, 000(c) Determine the amount overKoizumi Kollections has the following alphabetical list of accounts and balances at July 31. 2017:
Students Home M Federal Financial Aid Program X Students Home Ch. 7 Hmwk: Invoices, Trade &X A Ch. 7 Hmwk Invoices, Trade & X A webassign.net/web/Student/Assignment-Responses/last?dep3D27277752 Apps M Gmail DYouTube Maps ... ... EReading list 7. [-/1 Points] DETAILS BRECMBC9 7.I1.010. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Calculate the net price factor (as a %) and net price (in $) by using the complement method. Round your answer to the nearest cent. List Price Trade Discount Rate Net Price Factor Net Price $3,499.00 35% $4 Need Help? Read It 8. [-/1 Points] DETAILS BRECMBC9 7.J1.014. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Calculate the trade discount (in $) and trade discount rate (as a %). Round your answer to the nearest tenth of a percent. List Price Trade Discount Rate Trade Discount Net Price $4,500.00 $3,515.00 Need Help? 11:28 PM 71°F (岁 10/9/2021 P Type here to search
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Cajegas Trucking ServicesTrial BalanceJune 30, 2021Debit CreditCash in Bank P 1,020,000Petty Cash Fund 1,000Accounts Receivable 120,000Est. Uncollectible Account P 1,200Unused Supplies 15,000Prepaid Insurance 8,500Prepaid Rent 30,000Delivery Truck 1,500,000Acc. Depreciation – Delivery Truck 250,000Accounts Payable 130,000P. Cagejas, Capital 1,818,500P. Cagejas, Drawings 50,000Trucking Income 935,000Taxes and Licences 10,000Repairs and Maintenance 27,000Retainer Fees 25,000Salaries and Wages 320,000Utilities Expense 8,200Total P 3,134,700 P 3,134,700Additional Information1. Provision for Uncollectible Account should be at 2% of the outstanding receivable account.2. Supplies actually on hand, P5,000.3. Of the Prepaid Insurance, P6,200 has actually expired.4. P18,000 of the Prepaid Rental has expired.5. Depreciation Expense for the period is P105,000.Required:a. An 8-column worksheetb. Balance Sheetc. Income Statementd. Statement of Changes in Owner’s Equity
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Home om/ilm/takeAssignment/takeAssignmentMain.do?invo... A Net income X CengageNOWV2 | Online teachin X + Interest expense Fiscal Year 3 $146,200 3,000 anteay M Fiscal Year 3 Fiscal Year 2 Fiscal Year 1 Total assets (at end of fiscal year) $3,232,667 $2,945,905 $3,398,445 1,220,347 1,196,181 866,833 Total stockholders' equity (at end of fiscal year) Assume the apparel industry average return on total assets is 8.0%, and the average return on stockholders' equity is 15.0 % for the year ended April 2, Year 3. a. Determine the return on total assets for East Point for fiscal Years 2 and 3. Round to one decimal place. Fiscal Year 3 Fiscal Year 2 b. Determine the return on stockholders' equity for East Point for fiscal Years 2 and 3. Round to one decimal place. Fiscal Year 3 Fiscal Year 2 c. The return on stockholders' equity is the return on total assets due to the use of leverage. d. During fiscal Year 3, East Point's results were, compared to the industry average. The return on total…
me X items Mail - Foley, Alason L (S X MindTap-Cengage... mework Assignment v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSession NOCTI Business M..... eBook CengageNOWv2 | Online X Net Income Loss on disposal of property Depreciation expense Other items involving noncash expense Balance sheet data (in thousands): Increase in accounts receivable Cengage Learning Increase in inventory Increase in prepaid expenses Increase in accounts payable and other current liabilities Cash Flows from Operating Activities-Indirect Method Selected data derived from the income statement and balance sheet of National Beverage Co. for a recent year are as follows: Income statement data (in thousands): Check My Work $149,774 (149) 13,226 837 13,041 7,565 10,548 17,464 x b Accounting Homework x + | National Beverage Co. Cash Flows from Operating Activities (in thousands) Cash flows from (used for) operating activities: Net income - V Adjustments to reconcile net income…