Myaccountinglab With Pearson Etext -- Access Card -- For Horngren's Accounting, The Managerial Chapters
12th Edition
ISBN: 9780134490663
Author: MILLER-NOBLES, Tracie L., Mattison, Brenda L., Matsumura, Ella Mae
Publisher: PEARSON
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Textbook Question
Chapter 2, Problem E2.22E
Preparing a
Learning Objective 4
Tota Debits $191,800
The accounts of Anderson Moving Company follow with their normal balances as of August 31, 2018. The accounts are listed no particular oder.
Anderson, Capital | $49,800 | Trucks | $123,000 |
Insurance Expense | 600 | Fuel Expense | 1,000 |
Accounts Payable | 4,000 | Anderson, Withdrawals | 5,600 |
Service Revenue | 82,000 | Utilities Expense | 300 |
Building | 41,000 | Accounts Recievable | 10,000 |
Advertising Expense | 200 | Notes Payable | 56,000 |
Salaries Expense | 6,000 | Office Supplies | 100 |
Cash | 4,000 |
Prepare Anderson’s trial balance as of August 31, 2018.
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help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working
Statement date: 30 May 2012
Frequency: Monthly
Account name: Mr PP Jonathan
Account number: 1292113613
30 April 2012 to
30 May 2012
Statement period:
Type: Current account
Branch: Claremont (129236)
Overdraft limit R10 000
2.
Interest on overdraft:
Up to R5 000: 9%
Above R5 000: 13,5%
Date
Transaction details
Debits Credits
Balance
- R2 260,00
2012-04-30 Opening balance
2012-05-01
Stop order - Rent
1 500,00
- R3 760,00
2012-05-01
Debit order - Multichoice
225,00
- R3 985,00
In
- R4 185,00
- R4 605,00
2012-05-03
ATM cash withdrawal
200,00
2012-05-05
Debit transfer
420,00
2012-05-08
Cash deposit (branch)
500,00
- R4 105,00
2012-05-09
ATM cash withdrawal
300,00
- R4 405,00
2012-05-12
Checkers - debit card purchase
530,00
- R4 935,00
2
2012-05-24
Credit transfer
1 000,00
- R3 935,00
2012-05-25
Interest
29,51
R3 964,51
2
2012-05-29 Transaction fees
182,60
- R4 147,11
Refer
2012-05-29
2012-05-29 Salary EFT deposit
Overdraft service fee
24,00
- R4 171,11
10 500,00
R6 328,89
3.
3.
Closing…
Chapter 2 Solutions
Myaccountinglab With Pearson Etext -- Access Card -- For Horngren's Accounting, The Managerial Chapters
Ch. 2 - The detailed record of the changes in a particular...Ch. 2 - Which of the following accounts is a liability?...Ch. 2 - The left side of an account is used to record...Ch. 2 - Which of the following statements is correct?...Ch. 2 - Your business purchased office supplies of $2,500...Ch. 2 - Sedlor Properties puchased office supplies on...Ch. 2 - Posting a $2,500 purchase of office supplies on...Ch. 2 - Pixel Copies recorded a cash collection on account...Ch. 2 - Which sequence correctly summarizes the accounting...Ch. 2 - Nathvile Laundry reported assets of $800 and...
Ch. 2 - Identify the three categones of the accounting...Ch. 2 - What is the purpose of the chart of accounts?...Ch. 2 - What does a ledger show? What’s the difference...Ch. 2 - Accounng uses a double-entry system. Explain what...Ch. 2 - What is T-account? On which side is the debit? On...Ch. 2 - Prob. 6RQCh. 2 - Prob. 7RQCh. 2 - Identify which types of accounts have a normal...Ch. 2 - What are source documents? Provide examples of...Ch. 2 - Prob. 10RQCh. 2 - Explain the five steps in journalizing and posting...Ch. 2 - What are the four parts of a journal entry?Ch. 2 - What is involved in the posting process?Ch. 2 - What is the purpose of the trial balance?Ch. 2 - What is the differnce between the trial balance...Ch. 2 - If total debits equal total credits on the trial...Ch. 2 - What is the calculation for the debt ratio?...Ch. 2 - Identifying accounts Learning Objective 1 Consider...Ch. 2 - Identifying increases and decreases in accounts...Ch. 2 - Identifying normal balances Learning Objective 2...Ch. 2 - Prob. S2.4SECh. 2 - Journalizing transactions Learning Objective 3...Ch. 2 - S2-6 Journalizing transactions
Learning...Ch. 2 - Journalizing transactions and posting to...Ch. 2 - Prob. S2.8SECh. 2 - Prob. S2.9SECh. 2 - Using accounting vocabulary Learning Objectives 1,...Ch. 2 - Creating a chart of accounts Learning Objective 1...Ch. 2 - Identifying accounts, increases in accounts, and...Ch. 2 - Identifying increases and decreases in accounts...Ch. 2 - Identifying source documents Learning Objective 3...Ch. 2 - Analyzing and journalizing transactions Learing...Ch. 2 - Analyzing and journalizing transactions Leaning...Ch. 2 - Posting journal entries to T-accounts Learning...Ch. 2 - Analyzing and journalizing transactions Learning...Ch. 2 - Posting journal entries to four-column accounts...Ch. 2 - Analyzing transactions from T-accounts Learning...Ch. 2 - Journalizing transactions from T-accounts Learning...Ch. 2 - Preparing a trial balance Learning Objective 4...Ch. 2 - Preparing a trial balance from T-accounts Learning...Ch. 2 - Journalizing transactions, posting journal entries...Ch. 2 - Analyzing accounting errors Learning Ojective 4...Ch. 2 - Prob. E2.26ECh. 2 - E2-27 Correcting errors in a trial...Ch. 2 - Prob. E2.28ECh. 2 - Journalizing transactions, posting journal entries...Ch. 2 - Journalizing transactions, posting journal entries...Ch. 2 - Journalizing transactions, posting journal entries...Ch. 2 - Journalizing transactions, posting journal entries...Ch. 2 - Correcting errors in a trial balance Learning...Ch. 2 - Prob. P2.34APGACh. 2 - Prob. P2.35BPGBCh. 2 - Prob. P2.36BPGBCh. 2 - Journalizing transactions, posting journal entries...Ch. 2 - Prob. P2.38BPGBCh. 2 - Correcting errors in a trial balance Learning...Ch. 2 - Prob. P2.40BPGBCh. 2 - Prob. P2.41CTCh. 2 - P2-42 Journalizing transactions, posting to...Ch. 2 - Journalizing transactions, posting to T-accounts,...Ch. 2 - Before you begin this assignment, renew the Tymg...Ch. 2 - Prob. 2.1DCCh. 2 - Prob. 2.1EICh. 2 - Prob. 2.1FCCh. 2 - Prob. 2.1FSC
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