COLLEGE ACCOUNTING13th EditionScott Publisher: CENGAGE LISBN: 9780357531846
COLLEGE ACCOUNTING
Solutions for COLLEGE ACCOUNTING
Problem 1QY:
What is the third step in the accounting cycle? Analyze source documents and record business...Problem 2QY:
Which of the following accounts would be closed during the closing process? a. Service Revenue b....Problem 3QY:
If Income from Services had a 20,400 credit balance before closing entries, which of the following...Problem 4QY:
Which of the following accounts would appear on a post-closing trial balance? a. Depreciation...Problem 5QY:
Under the cash basis of accounting, which of the following statements is true? a. Revenue is...Problem 1DQ:
Number in order the following steps in the accounting cycle: a. Prepare a trial balance. b. Post...Problem 3DQ:
What is the purpose of closing entries? What is a consequence of forgetting to make closing entries?Problem 5DQ:
What is the purpose of the Income Summary account? How does it relate to the revenue and expense...Problem 6DQ:
What is the purpose of the post-closing trial balance? What is the difference between a trial...Problem 7DQ:
Write the third closing entry to transfer the net income or net loss to the P. Hernandez, Capital...Problem 1E:
Classify the following accounts as real (permanent) or nominal (temporary) and indicate with an X...Problem 2E:
The ledger accounts after adjusting entries for Cruz Services are presented below. a. Journalize the...Problem 3E:
As of December 31, the end of the current year, the ledger of Harris Company contained the following...Problem 4E:
The Income Statement columns of the work sheet of Dunn Company for the fiscal year ended June 30...Problem 5E:
The Income Statement columns of the work sheet of Redfax Company for the fiscal year ended December...Problem 6E:
After all revenue and expenses have been closed at the end of the fiscal period ended December 31,...Problem 7E:
Identify whether the following accounts would be included on a post-closing trial balance.Problem 8E:
Considering the following events, determine which month the revenue or expenses would be recorded...Problem 9E:
Indicate with an X whether each of the following would appear on the income statement, statement of...Problem 10E:
Prepare a statement of owners equity for The Lindal Clinic for the year ended December 31. P....Problem 2PA:
The partial work sheet for Ho Consulting for May follows: Required If you are using working papers,...Problem 4PA:
The account balances of Bryan Company as of June 30, the end of the current fiscal year, are as...Problem 5PA:
Williams Mechanic Services prepared the following work sheet for the year ended March 31,20--....Problem 2PB:
The partial work sheet for Emil Consulting for June is as follows: Required If you are using Working...Problem 4PB:
The account balances of Miss Beverlys Tutoring Service as of June 30, the end of the current fiscal...Problem 5PB:
Toms Catering Services prepared the following work sheet for the year ended December 31, 20--....Problem 1A:
Rather than going directly to college, some students take time off to travel abroad, learn new...Problem 3A:
The post-closing trial balance submitted to you by the bookkeeper of Tafoya Consulting Company is...Problem 4A:
You are preparing a post-closing trial balance for the company where you work, but it doesnt...Problem 5A:
The bookkeeper has completed a work sheet and has journalized and posted the closing entries, but he...Problem 1ACRPA:
This problem is designed to enable you to apply the knowledge you have acquired in the preceding...Browse All Chapters of This Textbook
Chapter 1 - Asset, Liability, Owner’s Equity, Revenue, And Expense AccountsChapter 2 - T Accounts, Debits And Credits, Trial Balance, And Financial StatementsChapter 3 - The General Journal And The General LedgerChapter 4 - Adjusting Entries And The Work SheetChapter 5 - Closing Entries And The Post-closing Trial BalanceChapter 6 - Bank Accounts, Cash Funds, And Internal ControlsChapter 7 - Employee Earnings And DeductionsChapter 8 - Employer Taxes, Payments, And ReportsChapter 9 - Sales And PurchasesChapter 10 - Cash Receipts And Cash Payments
Chapter 10A - The Voucher System Of AccountingChapter 11 - Work Sheet And Adjusting EntriesChapter 12 - Financial Statements, Closing Entries, And Reversing EntriesChapter 12A - The Statement Of Cash FlowsChapter A - Methods Of DepreciationChapter B - Bad DebtsChapter C - Inventory MethodsChapter D - Notes Payable And Notes ReceivableChapter E - Departmental Accounting
Sample Solutions for this Textbook
We offer sample solutions for COLLEGE ACCOUNTING homework problems. See examples below:
Assets: These are the resources owned and controlled by business and used to produce benefits for...Chapter 2, Problem 1QYChapter 2, Problem 5PAChapter 2, Problem 5PBChapter 3, Problem 1QYChapter 3, Problem 4PAChapter 3, Problem 4PBJournal entry: Journal entry is a set of economic events which can be measured in monetary terms....Chapter 4, Problem 1QY
Chapter 4, Problem 4PAChapter 4, Problem 4PBWorksheet: Worksheet is an accounting tool that help accountants to record adjustments and up-date...Chapter 5, Problem 1QYChapter 5, Problem 4PBChapter 5, Problem 1ACRPAChapter 5, Problem 1ACRPBChapter 5, Problem 1CPInternal control: Internal control is a process which ensures continuous reliability of...Journal entry: Journal entry is a set of economic events which can be measured in monetary terms....Bank reconciliation: Bank statement is prepared by bank. The company maintains its own records from...Journal entry: Journal entry is a set of economic events which can be measured in monetary terms....Independent contractor: An independent contractor is a person who performs service for the company...Payroll: Payroll refers to the total amount that is required to be paid by the company to its...Chapter 9, Problem 1QYChapter 9, Problem 3PAMerchandise Inventory: Merchandise is the stock of goods bought by a wholesaler, or a retailer, or a...Chapter 9, Problem 3PBChapter 9, Problem 1CPChapter 10, Problem 1QYChapter 10, Problem 1PAChapter 10, Problem 1PBChapter 10, Problem 4PBVoucher: A voucher is a pre-numbered document which indicates the authorized approval of payment for...Chapter 11, Problem 1QYChapter 11, Problem 1CPChapter 12, Problem 1QYChapter 12, Problem 4PAChapter 12, Problem 4PBChapter 12, Problem 1CPChapter 12A, Problem 1PChapter A, Problem 1PChapter B, Problem 1PChapter C, Problem 1PChapter D, Problem 1PChapter E, Problem 1P
More Editions of This Book
Corresponding editions of this textbook are also available below:
College Accounting - With Quickbooks 2015 CD and Access
12th Edition
ISBN: 9781305790254
College Accounting - With CD and Access
12th Edition
ISBN: 9781133539698
College Accounting
12th Edition
ISBN: 9781285735771
College Accounting: A Career Approach (with Quickbooks Accountant 2015 Cd-rom)
12th Edition
ISBN: 9781305863385
College Accounting -With CD
12th Edition
ISBN: 9781285780009
College Accounting (Book Only): A Career Approach
12th Edition
ISBN: 9781305084087
COLLEGE ACCOUNTING W/ ACCESS >BI<
13th Edition
ISBN: 9780357531822
EBK COLLEGE ACCOUNTING: A CAREER APPROA
13th Edition
ISBN: 9781337516525
Bundle: College Accounting: A Career Approach (with QuickBooks Online), Loose-leaf Version, 13th + LMS Integrated CengageNOWV2, 1 term (6 months) Printed Access
13th Edition
ISBN: 9781337587358
Bundle: College Accounting: A Career Approach, Loose-leaf Version, 13th + Quickbooks Online + Working Papers With Study Guide
13th Edition
ISBN: 9781337800594
COLLEGE ACCOUNTING LOOSELEAF AND CODE
13th Edition
ISBN: 9780357533567
College Accounting
13th Edition
ISBN: 9781337280563
College Accounting: A Career Approach (with Quickbooks Online), Loose-leaf Version
13th Edition
ISBN: 9781337395243
Llf College Accounting Career Approach
13th Edition
ISBN: 9781337389303
Bundle: College Accounting: A Career Approach (with QuickBooks Online), Loose-leaf Version,13th + CengageNOWV2, 1 term (6 months) Printed Access
13th Edition
ISBN: 9781337607773
Working Papers with Study Guide for Scott's College Accounting: A Career Approach, 13th
13th Edition
ISBN: 9781337280617
Cengagenowv2, 1 Term Printed Access Card For Scott's College Accounting: A Career Approach, 13th
13th Edition
ISBN: 9781337280730
College Accounting (Book Only): A Career Approach
13th Edition
ISBN: 9781337280570
CENGAGENOWV2 FOR SCOTT S COLLEGE ACCOUN
13th Edition
ISBN: 9781337280723
Related Accounting Textbooks with Solutions
Still sussing out bartleby
Check out a sample textbook solution.
