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Finish the worksheet by completing the Income Statement and Balance Sheet columns, calculating Net Income or Net Loss, and identifying if there is a Net Income or Net Loss. Only input amounts for accounts with balances and do not enter zeros for blank cells. SMART TOUCH LEARNING Worksheet December 31, 2016 Unadjusted Trial Adjustments Adjusted Trial Balance Income Statement Balance Sheet Balance Account Names Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit Cash 32,200 32,200 32,200 32200

Finish the worksheet by completing the Income Statement and Balance Sheet columns, calculating Net Income or Net Loss, and identifying if there is a Net Income or Net Loss. Only input amounts for accounts with balances and do not enter zeros for blank cells. SMART TOUCH LEARNING Worksheet December 31, 2016 Unadjusted Trial Adjustments Adjusted Trial Balance Income Statement Balance Sheet Balance Account Names Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit Cash 32,200 32,200 32,200 32200

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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in this problem i need help figuring out the ones in red.

Chrome File Edit View History Bookmarks Реople Tab Window Help 60% [4) Tue 8:34 PM Payton Harris Q Pearson ACT – Accounting Cycle Tutorial Financial act.pearsoncmg.com/activity/6/3/1 Accounting Cycle Tutorial Step 6. Prepare the worksneet 3 Financial Statement Columns Resources/Glossary ? HINT Activity 3.a - Income Statement and Balance Sheet Columns ring Finish the worksheet by completing the Income Statement and Balance Sheet columns, calculating Net Income or Net Loss, and identifying if there is a Net Income or Net Loss. Only input amounts for accounts with balances and do not enter zeros for blank cells. 2019 SMART TOUCH LEARNING Worksheet December 31, 2016 Unadjusted Trial uff Adjustments Adjusted Trial Balance Income Statement Balance Sheet Balance Account Names Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit Cash 32,200 32,200 32,200 32200 Accounts Receivable 23,000 (f) 500 23,500 23,00 23500 Office Supplies 9,800 200 (b) 9,600 9,800 9600 Prepaid Rent 14,200 600 (a) 13,600 13600 /19 Prepaid Insurance 12,000 4,200 (g) 7,800 7800 Furniture 5,800 5,800 5800 Accumulated Depreciation - Furniture 100 (c) 100 100 Accounts Payable 6,700 6,700 6700 33 APR 20 DOCX
Transcribed Image Text:Chrome File Edit View History Bookmarks Реople Tab Window Help 60% [4) Tue 8:34 PM Payton Harris Q Pearson ACT – Accounting Cycle Tutorial Financial act.pearsoncmg.com/activity/6/3/1 Accounting Cycle Tutorial Step 6. Prepare the worksneet 3 Financial Statement Columns Resources/Glossary ? HINT Activity 3.a - Income Statement and Balance Sheet Columns ring Finish the worksheet by completing the Income Statement and Balance Sheet columns, calculating Net Income or Net Loss, and identifying if there is a Net Income or Net Loss. Only input amounts for accounts with balances and do not enter zeros for blank cells. 2019 SMART TOUCH LEARNING Worksheet December 31, 2016 Unadjusted Trial uff Adjustments Adjusted Trial Balance Income Statement Balance Sheet Balance Account Names Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit Cash 32,200 32,200 32,200 32200 Accounts Receivable 23,000 (f) 500 23,500 23,00 23500 Office Supplies 9,800 200 (b) 9,600 9,800 9600 Prepaid Rent 14,200 600 (a) 13,600 13600 /19 Prepaid Insurance 12,000 4,200 (g) 7,800 7800 Furniture 5,800 5,800 5800 Accumulated Depreciation - Furniture 100 (c) 100 100 Accounts Payable 6,700 6,700 6700 33 APR 20 DOCX
Chrome File Edit View History Bookmarks Реople Tab Window Help 60% [4) Tue 8:35 PM Payton Harris Q Pearson ACT – Accounting Cycle Tutorial Financial act.pearsoncmg.com/activity/6/3/1 Salaries Payable 700 (d) 700 700 Utilities Payable 100 (e) 100 100 Unearned Revenue 18,600 18,600 18600 Notes Payable 7,400 7,400 7400 ring Common Stock 43,000 43,000 43000 Dividends 1,800 1,800 1800 Service Revenue 33,900 500 (f) 34,400 34400 2019 Rent Expense 3,200 (a) 600 3,800 3800 Insurance Expense (g) 4,200 4,200 4200 Salaries Expense 7,600 (d) 700 8,300 8300 uff Supplies Expense (b) 200 200 200 Depreciation Expense - Furniture (c) 100 100 100 Utilities Expense (e) 100 100 100 Total 109,600 109,600 6,400 6,400 111,000 111,000 34400 76600 76600 Net Income /19 Total 34400 76600 33 APR 20 DOCX |
Transcribed Image Text:Chrome File Edit View History Bookmarks Реople Tab Window Help 60% [4) Tue 8:35 PM Payton Harris Q Pearson ACT – Accounting Cycle Tutorial Financial act.pearsoncmg.com/activity/6/3/1 Salaries Payable 700 (d) 700 700 Utilities Payable 100 (e) 100 100 Unearned Revenue 18,600 18,600 18600 Notes Payable 7,400 7,400 7400 ring Common Stock 43,000 43,000 43000 Dividends 1,800 1,800 1800 Service Revenue 33,900 500 (f) 34,400 34400 2019 Rent Expense 3,200 (a) 600 3,800 3800 Insurance Expense (g) 4,200 4,200 4200 Salaries Expense 7,600 (d) 700 8,300 8300 uff Supplies Expense (b) 200 200 200 Depreciation Expense - Furniture (c) 100 100 100 Utilities Expense (e) 100 100 100 Total 109,600 109,600 6,400 6,400 111,000 111,000 34400 76600 76600 Net Income /19 Total 34400 76600 33 APR 20 DOCX |
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