AccountingMidtermExcelProblems

AccountingMidtermExcelProblems

Info icon This preview shows pages 1–8. Sign up to view the full content.

View Full Document Right Arrow Icon
Jasper Enterprises Income Statement For the Year Ended December 31, 201 Revenue Sales Revenue Expenses Utilities expense Rent Expense Salaries Expense Total expenses Net Income Jasper Enterprises Statement of Retained Earnings For the Year Ended December 31, 201 Retained earnings, December 31, 2012 Net income for the year Subtotal Less dividends Retained earnings, December 31, 2013 Jasper Enterprises Balance Sheet For the Year Ended December 31, 201 Assets Liabilities Cash $ 52,400 Accounts payable Accounts receivable 1,200 Notes Payable Supplies 800 Total liabilities Land 78,000 Buildings 104,000 Sto
Image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Common stock Retained earnings Total stockholders' eq Total liabilities and Total assets $236,400 stockholders' equit
Image of page 2
13 $38,000 $2,000 7,200 16,800 26,000 12,000 13 $168,800 12,000 $180,800 6,000 $174,800 13 $9,600 12,000
Image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 4
Image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 6
Image of page 7

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 8
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern