Pearson ACT-Sole Proprietorship Google Chrome #act pearsoncmg.com/activity/2/7 Collected cash for future services Account #1 Account #2 Account #1 Purchased office furniture on account Account #2 Accrued liability for utilities. Account #1 Account Type Account #2 Account Type Account Type Account Type Account Type Account Type NA Increase/Decrease Increase/Decrease Debit/Credit 18 Debit/Credit Increase/Decrease Debit/Credit Increase/Decrease Debit/Credit Increase/Decrease Increase/Decrease Debit/Credit Debit/Credit M
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- exercise for finance acc.pdf O File | C:/Users/User/Desktop/FIN%20ACC/exercise%20for%20finance%20acc.pdf (D Page view A Read aloud T Add text V Draw E Highlight 2 Erase of 4 ++ 5 The companu purchases office equipment by cash. Asset Increase Decrease No Effect Liability Increase Decrease No Effect Owner's Equity Increase Decrease No Effect 6 The owner contributes his personal truck to the business. Decrease No Effect Asset Increase Decrease No Effect Liability Increase Decrease No Effect Owner's Equity Increase 5:29 PM O Type here to search IMI 26/10/2021 ENGLIUILLUM/ERt/Map/index.html?_con=con&external_browser=0&launchUrl=https%253A% t.mheducation.com%252F/activity/qu YouTube * Maps 5. In-Class Activity i Saved Help Save 8 Case A: Compute cash received for interest Interest revenue Interest receivable, beginning of year Interest receivable, end of year Case B: Compute cash paid for wages Wages expense Wages payable, beginning of year Wages payable, end of year $ 5,000 $ 9,000 600 2,200 |1,000 1,700 For each separate case, compute the required cash flow information for BioClean. Case A Cash received for interest Cash paid for wages Case B: 4 of 6 search fo トト & 7 8. 6. Y 00 立1 of 2 On December 21 2017. Wildhorse Co. purchased $730,000 of commercial paper from Voight, Inc. The commerc paper matures January 14, 2018. Currency and coin on hand amounted to $10,446, A money market fund account held at Rogers, Inc. (a mutual fund organization) permits Wildhorse Co. to write chee on the full account balance, which was $930,000 at December 31, 2017. Wildhorse Co. has agreed to maintain a cash balance of $200,000 at all times at First National Bank of Alexander to ensure future credit availability. The balance in Wildhorse Co's petty cash fund is $400. During December 2017, Wildhorse Co. made travel advances to employees totaling $30,000 for executive travel that 9. 10. will occur during the first quarter of 2018. The employees will not reimburse the company for the advance, but are required to spend the funds on company-related travel and to submit receipts. The company received an LO.U. trom Stiller LLP, a company customer, on December 12. 2017. in the amount of…
- OW21 Onlin teachin x N2 | Online teaching esource from Cengag... w.com eBook Cash Inventory Land Notes Payable tMain.do?invoker=&takeAssignmentSession Locator=&inprogress=false V Xi Lin, Capital Feedback ps Panthère de Cartier... ✓ Show Me How Journalizing Partner's Original Investment assumed a $57,000 note payable owed by Lin that was used originally to purchase the land. Xi Lin contributed land, inventory, and $35,000 cash to a partnership. The land had a book value of $79,000 and a market value of $152,000. The inventory had a book value of $53,100 and a market value of $48,900. The partnership also Required: Provide the journal entry for Lin's contribution to the partnership. If an amount box does not require an entry, leave it blank. 35,000 53,100 X 152,000 48,900 X 79,000 X 57,000 Pink Playful Femini... Check My Work 5 more Check My Work uses remaining. & MX Check My Work Record the assets at their current values, and record the liability at its current value. Lin's Capital…CengageNOWv2 | Online teachin X now.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSession Locator=&inpr Use the information provided for Harding Company to answer the question that follow. Harding Company Accounts payable $35,197 Accounts receivable 69,364 Accrued liabilities 6,368 Cash 18,238 Intangible assets 37,028 Inventory 84,597 Long-term investments 113,221 Long-term liabilities 71,563 Notes payable (short-term) 21,578 Property, plant, and equipment 661,877 Prepaid expenses 1,533 Temporary investments 39,854 Based on the data for Harding Company, what is the amount of quick assets? Oa. $804,566 Ob. $58,092 Oc. $1,616,692 Od. $127,456 O H + CLe Univ of Mass * Cengage D: A QuickLaunch K myCourses Da: x In Federa x UMassD Logor x ucation.com Saved ework View transaction list Journal entry worksheet 10 earch 近
- X HCC Support Services | Houston X Question 1 - Ch 06 Quiz -Co X Banking Activities as Contro x Saved The adjusted cash balance should be: Z Search results for: 'socks' heducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/ Deposit in transit Outstanding checks Bank service fees, not yet recorded by company The bank collected on a note receivable, not yet recorded by the company X Help TB MC Qu. 06-138 (Algo) Franklin Company deposits... Franklin Company deposits all cash receipts on the day they are received and makes all cash payments by check. At the close c business on August 31, its Cash account shows a debit balance of $24,162. Franklin's August bank statement shows a $23,037 balance in the bank. Determine the adjusted cash balance using the following information: Save & $ 7,800 $ 6,100 $ 160 $735Edit View History ouTube Lead the Way | Wake Technical X OJECT i S 1 my.waketech.edu - Student - X ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launch t1 of 7 eBook erences 2 W Maps 00 Bookmarks # 3 Accounts Cash Accounts Receivable Allowance for Uncollectible Accounts Inventory Land Equipment Accumulated Depreciation Accounts Payable Notes Payable (6%, due April 1, 2022) Common Stock Retained Earnings Totals 54,642 E Profiles Tab Window Required information [The following information applies to the questions displayed below.] On January 1, 2021, the general ledger of ACME Fireworks includes the following account balances: с $ 4 R JUL 10 During January 2021, the following transactions occur: January 2 Sold gift cards totaling $10,000. The cards are redeemable for merchandise within one year of the purchase date. January 6 Purchase additional inventory on account, $157,000. January 15 Firework sales for the first half of the month total $145,000. All of these…X SAM.gov | Home First Financial Bank Question 1- Week 5: X devry: Cost Managem X -Portal X M Inbox (17) - princessp: X X https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Flms.mheducation.com... A to Homework i Saved Help Save & Exit Check The following information is available for Brownstone Products Company for the month of July: Master Actual Budget Units 3,500 4,000 Sales revenue $ 54,300 $ 60,000 Variable manufacturing costs 10,000 16,000 Fixed manufacturing costs 13,000 14,000 Variable selling and administrative expenses 6,500 8,000 Fixed selling and administrative expenses 8,000 9,100 Required: 1. What was the master budget variance for July? Was this variance favorable or unfavorable? es 2. Compute the July sales volume variance and the flexible-budget variance for the month, both in terms of contribution margin and in terms of operating income. 4. Prepare pro-forma budgets for activities within its relevant range of…
- 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 searchessment G Assets are creditors' claims on as G Ownership of good is transferred X Q Financial ACcounting ch. 3 Flashc x+ A blackboard.uob.edu.bh/ultra/courses/_24666_1/outline/assessment/_694623_1/overview/attempt/_3141425_1?courseld=_24666_1 Welcome to Facebo... G Google 9 Favorites O J a a a 常用网站 المنبر الفاطمي - الأف،. Question 13 On December 2020, Miranda Right started Right consulting, a new business, and completed the following transactions during the first year of operations. The company designed a financial plan for a client and immediately collected an $8,000 cash fee The Journal Entry for this transaction will be Dr. Cash $8,000 Cr. Consulting Revenue $8,000 Dr. Accounts Receivables $8,000 Cr. Cash $8,000 Dr. Accounts Payable $8,000 Cr. Cash $8,000 Dr. Consulting Revenue $8,000 Cr. Cash $8,000 2 DeintEexercise for finance acc.pdf O File | C:/Users/User/Desktop/FIN%20ACC/exercise%20for%20finance%20acc.pdf D Page view A Read aloud T Add text V Draw E Highlight O Erase of 4 EXERCISES For questions number 1 to 7, given the accounting transaction, indicate whether the asset, liability or owner's equity has increase or decrease or has no effect by circling the appropriate answer. 1 The owner invests personal cash in the business. (Example) Asset Increase Decrease No Effect Liability Increase Decrease No Effect Owner's Equity Increase Decrease No Effect 2 The owner withdraws cash from the business for personal use. Asset Increase Decrease No Effect Liability Increase Decrease No Effect Owner's Equity Increase Decrease No Effect 3 The company receives cash from a bank loan Asset Increase Decrease No Effect 5:29 PM O Type here to search IMI 26/10/2021 ENG