vileyplus.com/edugen/lti/main.uniKimmel, Financial Accounting, 8eHelp I System AnnouncementsBrief Exercise 10-4Your answer is partially correct. Try again.Bramble University sells 6,500 season basketball tickets at $40 each for the entire 13-ga(e)Give the entry to record the sale of the season tickets. (Credit account titles are autoAccount Titles and ExplanationDebitCreditCash00009Unearned Service Revenue00009Sive the entry to record the revenue recognized after playing the first home game. (CreAccount Titles and ExplanationDebitCreditUnearned Service Revenue00000Sales Revenue000001lick if you would like to Show Work for this question: Open Show Work

The revenue that is received in advance is said to unearned revenue.

Kimmel, Financial Accounting, 8e Help I System Announcements Brief Exercise 10-4 Your answer is partially correct. Try again. Bramble University sells 6,500 season basketball tickets at $40 each for the entire 13- (e) Give the entry to record the sale of the season tickets. (Credit account titles are au Account Titles and Explanation Debit Credit Cash 00009 Unearned Service Revenue 00009 Sive the entry to record the revenue recognized after playing the first home game. (C Account Titles and Explanation Debit Credit Unearned Service Revenue 00000 Sales Revenue 00007 lick if you would like to Show Work for this question: Open Show Work

Kimmel, Financial Accounting, 8e Help I System Announcements Brief Exercise 10-4 Your answer is partially correct. Try again. Bramble University sells 6,500 season basketball tickets at $40 each for the entire 13- (e) Give the entry to record the sale of the season tickets. (Credit account titles are au Account Titles and Explanation Debit Credit Cash 00009 Unearned Service Revenue 00009 Sive the entry to record the revenue recognized after playing the first home game. (C Account Titles and Explanation Debit Credit Unearned Service Revenue 00000 Sales Revenue 00007 lick if you would like to Show Work for this question: Open Show Work

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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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…
Bookmarks Window Help D eBook Nov. 1 Bonds Payable Interest Expense Cash Dec. 31 Interest Expense Interest Payable Check My Work C CengageNOWv2 | Online teaching and learning resource from Cengage Learning Show Me How Journalize the entries to record the above selected transactions for the current year. If an amount box does not require an entry, leave it blank. May 1 Cash v2.cengagenow.com Entries for Issuing Thomson Co. produces and butes semiconductors for use by computer manufacturers. Thomson issued $270,000 of 25-year, 12% bonds on May 1 of the current year at face value, with interest payable on May 1 and November 1. The fiscal year of the company is the calendar year. May 1 Issued the bonds for cash at their face amount. Nov. 1 Paid the interest on the bonds. Dec. 31 Recorded accrued interest for two months. 270,000 APR 20 000 8 more Check My Work uses remaining. 270,000 200 All work saved. M Ć H tv ☎ a = Cengage Learning Email Instructor Save and Exit . Previous Thu Apr 20…
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it View History M faith@.. tems 37.66% ··· Bookmarks Window AOL Ma.... B E C eBook U Sales Mail - F... Cost of goods sold Help Operating income Expenses: Selling expenses Administrative expenses The following multiple-step, income statement was prepared for Carlsbad Company contains errors: CARLSBAD COMPANY Income Statement For the Year Ended February 28, 2018 Delivery expense Total expenses Other expense: Interest revenue Gross profit R V Portal h... Check My Work 10 more Check My Work uses remaining. % G Chapter... B v2.cengagenow.com Prepare a corrected income statement for Carlsbad Company for the year ended February 28, 2018. Carlsbad Company Income Statement 6 $ 1,800,000 1,350,000 112,500 H C Cengag.. 9,495,000 (5,962,500) $3,532,500 (3,262,500) 270,000 90,000 $180,000 All work saved. N MacBook Pro ** W Activity... 8 M FA 9 K Save and Exit Submit Assignment for Grading 1
Denise's Kindle fo < Back Fit to Windc Exercises Ell.1 (LO 1), AP C.S. Lewis Company had these transactions involving notes payable. July 1, 2022 Borrows $50,000 from First National Bank by signing a 9-month, 8% note. Borrows $60,000 from Lyon County State Bank by signing a 3-month, 6% note. Prepares adjusting entries. Pays principal and interest to Lyon County State Bank. Pays principal and interest to First National Bank. Nov. 1, 2022 Dec. 31, 2022 Feb. 1, 2023 Apr. 1, 2023 Instructions Prepare journal entries for each of the transactions. El1.2 (LO 1), AP On June 1, Merando Company borrows $90,000 from First Bank on a 6-month, $90,000,
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Odysseyware LEARN MESSAGE HELP SIGN OUT ASSIGNMENTS COURSES Assignment -3. Automobile Loans Attempt 1 of 1 SECTION 4 OF 4 QUESTION 6 OF 6 1 2 3 4 >> Mark takes out a loan for $20,000. The loan has 2% interest rate and a 2.5% APR. Complete the following statement. The sum of the interest plus fees on this loan is $900 $500 $600 400 TURN IT IN O ASK FOR HELP 1124 PM SUBMIT ANSWER 40ENG 2/6/2021 P Type here to search Delete 144 BackncRce & % #3 8 7 2 3 4 P Y U