Pearson ACT - Sole Proprietorship - Google Chromeact.pearsoncmg.com/activity/2/2/2Type here to searchBright, the owner, withdrew cash.Account #1Account #2Account #1Made payment on notes payableAccount #2Prepaid for rent.Account #1Account #2Account TypeO 발Account TypeAccount TypeAccount TypeAccount TypeAccount Type19Increase/DecreaseIncrease/DecreaseIncrease/DecreaseIncrease/DecreaseIncrease/DecreaseIncrease/DecreaseYUZUdqbDebit/CreditDebit/CreditDebit/CreditDebit/CreditDebit/CreditDebit/Credit90°F9:32 AM6/27/202220X

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Description: Pearson ACT - Sole Proprietorship - Google Chromeact.pearsoncmg.com/activity/2/2/2Type here to searchBright, the owner, withdrew cash.Account #1Account #2Account #1Made payment on notes payableAccount #2Prepaid for rent.Account #1Account #2Account T

As per accounting equation of the business, total assets must be equal to total liabilities and…

Business

Accounting

Pearson ACT-Sole Proprietorship - Google Chrome act.pearsoncmg.com/activity/2/2/2 #H Type here to search Bright, the owner, withdrew cash. Account #1 Account #2 Account #1 Made payment on notes payable Account #2 Prepaid for rent. Account #1 Account #2 PO O BI E Account Type O Account Type Account Type Account Type Account Type Account Type 16 Increase/Decrease Increase/Decrease Debit/Credit Debit/Credit Increase/Decrease. Debit/Credit Increase/Decrease Debit/Credit Increase/Decrease Increase/Decrease Debit/Credit Debit/Credit (2) 90°F O 4) 9:32 AM 6/27/2022 C X 20

Pearson ACT-Sole Proprietorship - Google Chrome act.pearsoncmg.com/activity/2/2/2 #H Type here to search Bright, the owner, withdrew cash. Account #1 Account #2 Account #1 Made payment on notes payable Account #2 Prepaid for rent. Account #1 Account #2 PO O BI E Account Type O Account Type Account Type Account Type Account Type Account Type 16 Increase/Decrease Increase/Decrease Debit/Credit Debit/Credit Increase/Decrease. Debit/Credit Increase/Decrease Debit/Credit Increase/Decrease Increase/Decrease Debit/Credit Debit/Credit (2) 90°F O 4) 9:32 AM 6/27/2022 C X 20

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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WORKSHOP NO. 7 INCOME STATEMENT AND BALANCE SHEET adjusted trial balance Trial balance adjustment INCOME STATEMENT BALANCE SHEET DEBIT DEBIT CREDIT ACCT NO. ACCOUNT NAME CREDIT CREDIT DEBIT CREDIT DEBIT CREDIT DEBIT 97,430 91,340 24,000 700. 101,500. 100,000. 97 430 91,340 24,000. 700. 101,500 100,000. B101 Cash on Hand Loan Receivable Office equipment Office supplies-prepaid Savings deposit Loan payable Accounts payable EC/SSS/Payable Withholding tax payable Share capital Interest income Service fee Salaries and wages Office supplies expense Meetings and conferences Travel and transportation Power, light and water Membership fee Total 102 103 104 201 202 203 204 900. 1,100. 3,500 16,810. 2,010 900. 205 301 401 1,100. 3,500. 16,810. 2,010. 402 501 11,000. 50. 300 11,000. 50. 300 500. 502 503 504 500, 900. 505 403 900. 400. 400. 226,220 226,220, Depreciation expense Accumulated Depreciation Total 400. 506 103,a 400. 400 400.00 226,620 226.620. 400. 400.00 NET SURPLUS
Name $125 2-3 WORK TOGETHER, p. 49 Analyzing revenue, expense, and withdrawal transactions into debit and credit parts Mar. 16. Receved cash oh Mar. 11. Sold Services on account to John- Debr credit. Acc Rec Johannes Credit Debt $260 Mar. 13. Recieved cash from sales Debt Credit $125 John Jensen Capital Debr Credit Mar. 14. Pad cas Debt $260 8 260 ish for telephone Bill credit Utilities expense Debt Credit Date $260 Class Mar. 19. uny
What type of balance is D. Martin's a/c carrying? Dr. Feb 10 Feb. 28. Return Outwards Bank a. Debit balance of $1,020 O b. Credit Balance of $1,020 Oc. Credit balance of $200 Od. Debit balance of $200 195 $ 215 D. Martin Feb. 2 A/c Purchases $ Cr. 610
What’s the weather form open the following accounts using the picture below.
eNOWv2 | Online teachin X + Wilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSession Locator=&inprogress... A Accounts Receivable Analysis Xavier Stores Company and Lestrade Stores Inc. are large retail department stores. Both companies offer credit to their customers through their own credit card operations. Information from the financial statements for both companies for two recent years is as f (in millions): Xavier Lestrade Sales $255,500 $357,700 Credit card receivables-beginning 24,416 47,840 Credit card receivables-ending 20,384 36,832 a. Determine the (1) accounts receivable turnover and (2) the number of days' sales in receivables for both companies. Round answers to one decimal place. Assume 365 days a year. Xavier Lestrade 1. Accounts receivable turnover days days 2. Number of days' sales in receivables than Lestrade's. The number of days' sales in receivables is b. Xavier's accounts receivable turnover is for Xavier than for Lestrade. These differences…
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How do I record the current transaction?
MUMassD Logor X E Quicklaunch - x K. myCourses Da: X Se Univ of Mass - X Ceng g In | Federa x ducation.com Saved mework View transaction list Journal entry worksheet 1 3 4 8 9 10 Provided $57,971 in service to customers during the year, with $21,658 on account and the rest received in cash. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal 0 日 search
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