WORKSHEET AND FINANCIAL STATEMENTS CHAPTER 7-TESTS Date e and Section Score Cash Notes Receivables Accounts Receivables Unused Office Supplies Prepaid Rent office Equipment Furniture and Fixtures Accumulated Depreciation Office Equipment Accumulated Depreciation- Furniture & Fixtures P 310000 100,000 120,000 36,000 60,000 120,000 80,000 20,000 14,000 Notes Payable Loans Payable-Bank Unearned Professional Fees 50,000 200,000 40,000 Professional Fees 510,000 203,200 Calimlim, Capital Calimlim, Withdrawal Salaries Expense Transportation Expense Advertising Expense Light and Water Expense Telephone Expense Miscellaneous Expense Allowance for Doubtful Accounts 42,000 108,000 16,000 14,000 9,000 18,000 12,200 8,000 lor adjustments:
WORKSHEET AND FINANCIAL STATEMENTS CHAPTER 7-TESTS Date e and Section Score Cash Notes Receivables Accounts Receivables Unused Office Supplies Prepaid Rent office Equipment Furniture and Fixtures Accumulated Depreciation Office Equipment Accumulated Depreciation- Furniture & Fixtures P 310000 100,000 120,000 36,000 60,000 120,000 80,000 20,000 14,000 Notes Payable Loans Payable-Bank Unearned Professional Fees 50,000 200,000 40,000 Professional Fees 510,000 203,200 Calimlim, Capital Calimlim, Withdrawal Salaries Expense Transportation Expense Advertising Expense Light and Water Expense Telephone Expense Miscellaneous Expense Allowance for Doubtful Accounts 42,000 108,000 16,000 14,000 9,000 18,000 12,200 8,000 lor adjustments:
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Data for adjustments:
Supplies on hand December 31, 2020, 9,000
Doubtful Accounts for the year, 4000
![WORKSHEET AND FINANCIAL STATEMMENTS
CHAPTER 7-TEST S
Date
Score
Cash
Notes Receivables
Accounts Receivables
Unused Office Supplies
Prepaid Rent
office Equipment
P310.000
100,000
120,000
36,000
60,000
120,000
Furniture and Fixtures
Accumulated Depreciation Office Equipment
Accumulated Depreciation - Furniture & Fixtures
80,000
20,000
14,000
Notes Payable
Loans Payable - Bank
Unearned Professional Fees
50,000
200,000
40,000
Professional Fees
510,000
Calimlim, Capital
Calimlim, Withdrawal
Salaries Expense
Transportation Expense
Advertising Expense
Light and Water Expense
Telephone Expense
Miscellaneous Expense
Allowance for Doubtful Accounts
203,200
42,000
108,000
16,000
14,000
9,000
18,000
12,200
8,000
alor adjustments:
Supplies
An hand December 31, 2020, P9,000.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc43acf6d-9f2e-4551-ad41-4198cf9b5549%2F80e68d52-3248-4f35-a613-1ed57fbf9b5b%2F053fp_processed.jpeg&w=3840&q=75)
Transcribed Image Text:WORKSHEET AND FINANCIAL STATEMMENTS
CHAPTER 7-TEST S
Date
Score
Cash
Notes Receivables
Accounts Receivables
Unused Office Supplies
Prepaid Rent
office Equipment
P310.000
100,000
120,000
36,000
60,000
120,000
Furniture and Fixtures
Accumulated Depreciation Office Equipment
Accumulated Depreciation - Furniture & Fixtures
80,000
20,000
14,000
Notes Payable
Loans Payable - Bank
Unearned Professional Fees
50,000
200,000
40,000
Professional Fees
510,000
Calimlim, Capital
Calimlim, Withdrawal
Salaries Expense
Transportation Expense
Advertising Expense
Light and Water Expense
Telephone Expense
Miscellaneous Expense
Allowance for Doubtful Accounts
203,200
42,000
108,000
16,000
14,000
9,000
18,000
12,200
8,000
alor adjustments:
Supplies
An hand December 31, 2020, P9,000.
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