iPad ? 10:53 AM O ni 77% A v2.cengagenow.com CengageNOWv2 | Online teaching and learning resource from Cengage Learning Close Window Prepare a horizontal analysis of the segments. If required, round percentages to one decimal place. Enter negative values as negative numbers. Back Country Life, Inc. Horizontal Analysis For the Years 20Y2 and 20Y3 20Y3 20Y2 Difference - Amount Difference - Percent Camping $280,000 $240,000 Fishing 140,000 160,000 % Total revenues $420,000 $400,000 Prepare a vertical analysis of the segments. If required, round percentages to one decimal place. Back Country Life, Inc. Vertical Analysis For the Years 20Y2 and 20Y3 20Y3 Amount 20Y3 Percent 20Y2 Amount 20Y2 Percent Camping $280,000 $240,000 Fishing 140,000 160,000 Total revenues $420,000 $400,000 4. EX.05-01 eBook Identify Postings from Revenue Journal Using the following revenue journal for Bowman Cleaners Inc., identify each of the posting references, indicated by a letter, as representing (1) posting to general ledger accounts or (2) posting to subsidiary ledger accounts: REVENUE JOURNAL Post. Accounts Rec. Dr. Date Invoice No. Account Debited Ref. Fees Earned Cr. 20Y3 May 1 112 Hazmat Safety Co. (a) $2,050 May 10 113 Masco Co. (b) 980 May 20 114 Alpha GenCorp (c) 2,800 May 27 115 Tillman Inc. (d) 1,240 May 30 $7,070 (e) (a) (b) (c) (d) (e)

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Prepare a horizontal analysis of the segments. If required, round percentages to one decimal place. Enter negative values as negative numbers.
Back Country Life, Inc.
Horizontal Analysis
For the Years 20Y2 and 20Y3
20Y3
20Y2
Difference - Amount Difference - Percent
Camping
$280,000 $240,000
Fishing
140,000
160,000
%
Total revenues $420,000 $400,000
Prepare a vertical analysis of the segments. If required, round percentages to one decimal place.
Back Country Life, Inc.
Vertical Analysis
For the Years 20Y2 and 20Y3
20Y3 Amount
20Y3 Percent
20Y2 Amount 20Y2 Percent
Camping
$280,000
$240,000
Fishing
140,000
160,000
Total revenues $420,000
$400,000
4. EX.05-01
eBook
Identify Postings from Revenue Journal
Using the following revenue journal for Bowman Cleaners Inc., identify each of the posting references, indicated by a letter, as representing (1) posting to general ledger accounts or (2) posting to subsidiary ledger accounts:
REVENUE JOURNAL
Post.
Accounts Rec. Dr.
Date
Invoice No.
Account Debited
Ref.
Fees Earned Cr.
20Y3
May 1
112
Hazmat Safety Co.
(a)
$2,050
May 10
113
Masco Co.
(b)
980
May 20
114
Alpha GenCorp
(c)
2,800
May 27
115
Tillman Inc.
(d)
1,240
May 30
$7,070
(e)
(a)
(b)
(c)
(d)
(e)
Transcribed Image Text:iPad ? 10:53 AM O ni 77% A v2.cengagenow.com CengageNOWv2 | Online teaching and learning resource from Cengage Learning Close Window Prepare a horizontal analysis of the segments. If required, round percentages to one decimal place. Enter negative values as negative numbers. Back Country Life, Inc. Horizontal Analysis For the Years 20Y2 and 20Y3 20Y3 20Y2 Difference - Amount Difference - Percent Camping $280,000 $240,000 Fishing 140,000 160,000 % Total revenues $420,000 $400,000 Prepare a vertical analysis of the segments. If required, round percentages to one decimal place. Back Country Life, Inc. Vertical Analysis For the Years 20Y2 and 20Y3 20Y3 Amount 20Y3 Percent 20Y2 Amount 20Y2 Percent Camping $280,000 $240,000 Fishing 140,000 160,000 Total revenues $420,000 $400,000 4. EX.05-01 eBook Identify Postings from Revenue Journal Using the following revenue journal for Bowman Cleaners Inc., identify each of the posting references, indicated by a letter, as representing (1) posting to general ledger accounts or (2) posting to subsidiary ledger accounts: REVENUE JOURNAL Post. Accounts Rec. Dr. Date Invoice No. Account Debited Ref. Fees Earned Cr. 20Y3 May 1 112 Hazmat Safety Co. (a) $2,050 May 10 113 Masco Co. (b) 980 May 20 114 Alpha GenCorp (c) 2,800 May 27 115 Tillman Inc. (d) 1,240 May 30 $7,070 (e) (a) (b) (c) (d) (e)
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