pleas answer the ff:Cash Supplies Building Accounts Payable Notes Payable Darrell Palusky, Capital Withdrawals Service Revenue Salary Expense Rent Expense Property Tax Expense Current Assets Total Liabilities Total ProprietorshipTotal debit amount of the Unadjusted Trial Balance Party Time Amusements Company owns movie theaters. Party Timeengaged in the following business transactions in 2015:January 1 Darrell Palusky invested $350,000 personal cash in the business bydepositing that amount in a bank account titled Party Time Amusements.The business gave capital to Palusky.Paid $320,000 cash to purchase a theater building.Borrowed $220,000 from the bank. Palusky signed a note payable to thebank in the name of Party Time.Purchased theater supplies on account, $1,000.Paid $600 on account.2.5.1015Paid property tax expense on theater building. $350.Paid employees' salaries $2,900, and rent on equipment $1,300.Palusky withdrew $8,000.Received $20,000 cash from service revenue and deposited that amountin the bank.15162830 Party Time Amusements uses the following accounts:CashWithdrawalsSuppliesService RevenueBuildingSalary ExpenseRent ExpenseAccounts PayableNotes PayableProperty Tax expenseDarrell Palusky, CapitalRequired:- Balance Sheet accounts' ending balances as of January 31, 2020.- Balances of the Income Statement accounts for the month ended January 31, 2020.

Working Notes 1. Cash =Cash - building+Notes Payable-Accounts Payable-Property tax expense…

Party Time Amusements uses the following accounts: Cash Withdrawals Supplies Service Revenue Building Salary Expense Accounts Payable Rent Expense Property Tax expense Notes Payable Darrell Palusky, Capital Required: - Balance Sheet accounts' ending balances as of January 31, 2020. - Balances of the Income Statement accounts for the month ended January 31, 2020.

Party Time Amusements uses the following accounts: Cash Withdrawals Supplies Service Revenue Building Salary Expense Accounts Payable Rent Expense Property Tax expense Notes Payable Darrell Palusky, Capital Required: - Balance Sheet accounts' ending balances as of January 31, 2020. - Balances of the Income Statement accounts for the month ended January 31, 2020.

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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