Chapter 1 Help.docx - E E ElE IEI EIEEI El lEl El El El...

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Unformatted text preview: E E ElE IEI EIEEI El lEl El El El El '1'“ “an HI: 1* 1|- E E lEl El El El El El El E IEI El EIEEI El El EIE J. 1:qu mum-gs Em - m + fun-H Ill - finch hm Ell-I'll drama 1m 1m +5.31: mm 4* $5.5“! +3.“ I!“ + an _ _ E m + mm um - mm + H.511! mm mm + Hill! 51TH _ fl __.._ _ an EM 4- mm $1M _ I— — — III I ”film I- I Emma-rill vl- carnminfl- llllldllfl l- fllllhI-di-III + iluhlfllI—ul- Huang-II q— m.—|Waum— Bananas—W m— llnIhIH- "mm- Hindi-Emm- '-'|"— % ETD Ila-"Ht m EMA} Hutufl_£Uflnaspnmfldaspfimak hanfixrmmnnfiu1nmimsspu ‘fiisiiflhuhfshiilfliann301 201?. MIMI-m 1: npnntheflufluitulncununh IhlhlhfllflllflflfllfllLinfli niflnfllllmflnll.fltlihll iklniillunnnaisatnadl Hhflflnullzflkflflflflhflilflfilb Eipannaalndllvkhuufluhk halrmuliadbht I ED 0 https:ffb\mrw.n\athi(l.c0m/Studentll>layerHomework.aspx?homework1d:333426019&questionldzlfitflusl'ied:fal;e&dd:3674320Btcenterwrn=yes Bruce Cooper I: Align. . _‘ ‘ Elfifiroup Homework: Homework chapter Two , LRotate' Score: 6.75 of 10 p15 1 1 0f 1 (0 compbete) V ) HW some: 67.47%, 6.75 0f 10 ptS WIWIIIBIII'I: @PZ—ZQAIjsinilarto) 550mm“ Help Q hbrnoumlu; Vick Yardley practices medicine under the business title Vick Yardley, M. D. During July, the medical practice completed the following transactions: ® (Click the icon to View the transactions.) The business uses the followng accounts: Cash; Accounts Receivable; OFfice Supplies; Land; Accounts Payable; Advertising Payable; Unearned Revenue; Notes Payable; Common Stock; Dividends; SeMce Revenue; Salaries Expense; Rent Expense; Utilities Expense; and Advertising Expense. Read th e requirements. A Requirement1.Journalize each transaction. Explanations are not required. (Record debits first, then credits. Exclude explanations tromjournal entries.) @ July '1: Yardley contributed $63,000 cash to the business in exchange for common stock. Date Amounts Debit Cash 63,000 Common Stock July 5: Paid monthly rent on medical equipment, $630. Date Amounts Rent Expense Cash July 9: Paid $13,000 cash to purchase land to be used in operations. Date Amounts Choose from any list or enter any number in the input fields and then click Check Answer, All narh: chmuinn — Clear All javascriptdaExelclsefl): I ED 0 , https:ffb\mrw.n\atl\irl.c0m/Studentll>layeermework.aspx?h5mework1d=333426019&questionldzlfitflusl'ied:fal;e&dd:3674320Btcenterbvinzyes Bruce Cooper 1 l?— Align' ‘ 3%: Group ' Homew rk' Homework Chapter Two , L Rotate ' Score: 6.75 of 10 p15 4 1 0f 1 (0 complete) V ) HW Score: 67.47%, 6.75 0f 10 pits ® P2—29A (sinilarto) 35 Question Help Q Vick Yardley practices medicine under the business title Vick Yardley, M. D. During July, the medical practice completed the followmg transactions: @(Click the icon to View the transactions.) , The business uses the follawmg accounts: Cash; Accounts Receivable; OFfice Supplies; Land; Accounts Payable; Amenising Payable; Unearned Revenue; Notes Payable; Common Stock; Dividends; SeMce Revenue; Salaries Expense; Rent Expense; Utilities Expense; 3W” ‘1 I and Advertising Expense, Read th e requirements, July 10: Purchased office supplies on account, $1,500, Dale Amounts I!!! ZIFKF 2 31.5.9! Office Supplies Accounts Payable July 19: Bormwed $30,000 from the bank for business use, Date Amounts . 19 Cash Notes Payable July 22: Paid $1,300 on account. Date Accounts Payable Cash July 28: The busmess received a bill for amenismg in the daily newspaper to be paid in August, $230. || || ll Choose from any list or enter any number in the input fields and then click Check Answer, All narlI: l=hnwinrl — Clear All javascriptdaExelclsefl): I ED 0 . httpsdfbwrwnatlurlxom/Studentll’layerHomework.aspx?homework1d=333426019&questionldzlfitflushed:fal;e&dd:3674320Btcenterwrnzyes Bruce Cooper 1 l?— Align' ‘ 3%: Group ' Homew rk' Homework Chapter Two , L Rotate ' Score: 6.75 of 10 p15 4 1 0f 1 (0 complete) V ) HW some: 67.47%, 6.75 0f 10 pits ® P2—29A (sinilarto) 35 Question Help Q Vick Yardley practices medicine under the business title Vick Yardley, M. D. During July, the medical practice completed the followrng transactions: ® (Click the icon to View the transactions.) The business uses the followrng accounts: Cash; Accounts Receivable; OFfice Supplies; Land; Accounts Payable; Advertising Payable; Unearned Revenue; Notes Payable; Common Stock; Dividends; SeMce Revenue; Salaries Expense; Rent Expense; Utilities Expense; and Advertising Expense. Read th e requirements. July 28: The business received a bill for advertising in the daily newspaper to be paid in August, $230 Amounts Debit Credit Adrenising Expense 230 Advertising Payable July 31: Revenues earned dunng the month included $6,300 cash and $5,900 on account. Record as a compound entry. Accounts and Explanation Debit Credit Cash 6,300 ‘ Accounts Receivable 5,900‘ Service Revenue 12,200‘ ‘ July 31: Paid employees' salaries $2,800; office rent $1,200, and utilities . these entries as a compound entry. Date Accounts and Explanation Credit Salaries Expense Rent Expense Utilities Expense Cash 4,25!) July 31: The business received $1,390 for medical screening services to be performed next month. Choose from any list or enter any number in the input fields and then click Check Answer, All narlI: l=hmminrl — Clear All javascriptdaExelclsefl): I ll? 0 , https:ffb\mrw.n\atl\irl.com/Studentll>layerHomework.aspx?homework1d=333426019&questionldzlfitflushed:fal;e&dd:3674320Btcenterwrnzyes Bruce Cooper 1 I?— Align' ‘ 3%: Group ' Homew rk' Homework Chapter Two , L Rotate ' Score: 6.75 of 10 p15 4 1 0f 1 (0 complete) V ) HW Score: 67.47%, 6.75 0f 10 pits ® P2—29A (sinilarto) 35 Question Help Q Vick Yardley practices medicine under the business title Vick Yardley, M. D. During July, the medical practice completed the followrrig transactions: ® (Click the icon to View the transactions.) The business uses the followrrig accounts: Cash; Accounts Receivable; OFfice Supplies; Land; Accounts Payable; Amenising Payable; Unearned Revenue; Notes Payable; Common Stock; Dividends; Servrce Revenue; Salaries Expense; Rent Expense; Utilities Expense; Read the requirements. awn-u 0} July 31: The busrriess received $1,390 for medical screening semces to be performed next month. Date Awou "15 Debit Credit Casli 1,330 Unearned Revenue 1,390 July 31: Paid cash dividends of $7,100. Date Amounts Requirement 2. Post thejournal entries to the T—accounts, using transaction dates as posting references in the ledger accounts. Label the balance of each account 331'. We Will post to the accounts one transaction at a time. Begin by posting the events from the 1st. July 1: Yardley contributed $63,000 cash to the business in exchange for Common Stock. Review the July 1 journal entry that you prepared in Requirement 1. Cash Accounts Payable Service Revenue Jul. 1 63,000 ‘ Choose from any list or enter any number in the input fields and then click Check Answer, All nartI: l=hniwinrl — Clear All javascriptdaExelclsefl): I it? i , https:ffb\mrw.n\atl\irl.c0m/Studentll>layerHomework.aspx?homework1d=333426019&questionldzlfitflushed:false&dd:3674320Btcenterwrnzyes Bruce Cooper 1 l?— Align' ‘ 3%: Group ' Homew rk' Homework Chapter Two , L Rotate ' Score: 6.75 of 10 p15 4 1 0f 1 (0 complete) V ) HW some: 67.47%, 6.75 0f 10 pits ® P2—29A (sinilarto) 35 Question Help Q Vick Yardley practices medicine under the business title Vick Yardley, M. D. During July, the medical practice completed the followrng transactions: — @(Click the icon to view the transactions.) , The business uses the followrrig accounts: Cash; Accounts Receivable; OFfice Supplies; Land; Accounts Payable; Amenising Payable; Unearned Revenue; Notes Payable; Common Stock; Dividends; SeMce Revenue; Salaries Expense; Rent Expense; Utilities Expense; and Advertising Expense. Read th e requirements. Requirement 2. Post thejournal entnes to the T—accounts, using transaction dates as posting references in the ledger accounts. Label the balance of each account Bel. We iiinll post to the accounts one transaction at a time. Begin by posting the events from the 1st. July '1: Yardley contributed $63,000 cash to the business in exchange for Common Stock. Renew the July 1 journal entry that you prepared in Requirement 1. Cash Accounts Payable Service Revenue Jul. 1 53,000 V Notes Payable Common Stock V 63,000 Jul. 1 n:..:4__4_ Choose from any list or enter any number in the input fields and then click Check Answer, All narlI: l=hniwinrl — Clear All javascriptdaExelclsefl): I ED 0 ; https:ffb\mrw.n\atl\irl.c0m/Studentll>layerHomework.aspx?homework1d=333426019&questionldzlfitflusl'ied:fal;e&dd:3674320Btcenterbvinzyes Bruce Cooper 1 l?— Align' ‘ 3%: Group ' Homew rk' Homework Chapter Two , L Rotate ' Score: 6.75 of 10 p15 4 1 0f 1 (0 complete) V ) HW some: 67.47%, 6.75 0f 10 pits ® P2—29A (sinilarto) 35 Question Help Q Vick Yardley practices medicine under the business title Vick Yardley, M. D. During July, the medical practice completed the followng transactions: ® (Click the icon to View the transactions.) The business uses the followmg accounts: Cash; Accounts Receivable; OFfice Supplies; Land; Accounts Payable; Amenising Payable; Unearned Revenue; Notes Payable; Common Stock; Dividends; Servrce Revenue; Salaries Expense; Rent Expense; Utilities Expense; and Advertising Expense, Read th e requirements, July 5: Paid monthly rent on medical equipment, $630, Review the July 5journal entry that you prepared in Requirement 1, Cash Accounts Payable Service Revenue 3mm 0}- Noles Payable Common Stock Advertising Expense 63,000 .Jul. 1 Choose from any list or enter any number in the input fields and then click Check Answer, All narlI: l=hnwinrl — Clear All javascriptdaExelclsefl): I ll? 0 , https:ffb\mrw.n\atl\irl.c0m/Studentll>layerHomework.aspx?homework1d=333426019&questionldzlfitflusl'ied:fal;e&dd:3674320Btcenterbvinzyes Bruce Cooper 1 l?— Align' ‘ 3%: Group ' Homew rk' Homework Chapter Two , L Rotate ' Score: 6.75 of 10 p15 4 1 0f 1 (0 complete) V ) HW some: 67.47%, 6.75 0f 10 pits ® P2—29A (sinilarto) 35 Question Help Q Vick Yardley practices medicine under the business title Vick Yardley, M. D. During July, the medical practice completed the followng transactions: ® (Click the icon to view the transactions.) The business uses the followmg accounts: Cash; Accounts Receivable; OFfice Supplies; Land; Accounts Payable; Amenising Payable; Unearned Revenue; Notes Payable; Common Stock; Dividends; Servrce Revenue; Salaries Expense; Rent Expense; Utilities Expense; and Advertising Expense, Read th e requirements, July 9: Paid $13,000 cash to purchase land for an office site. Renew the July Bjournal entry that you prepared in Requirement 1. Cash Accounts Payable Service Revenue 13,000 Jul.9 Rummy Q Notes Payable La Common Stuck Advertising Expense Ju1,9 13,000 63,000Jul,1 Dividends Choose from any list or enter any number in the input fields and then click Check Answer, All narlI: l=hniwinrl — Clear All javascriptdaExelclsefl): I ED 0 , https:ffwww.n\atl\irl.com/Studentll>layerHomework.aspx?homeworkld=333426019&questionldzlfitflushed=falsefitddzifinflflfitcenterwinzyes Bruce Cooper 1 l?— Align' ‘ Elfifiroup ' Homew rk' Homework Chapter Two , L Rotate ' Score: 6.75 of 10 p15 4 1 0f 1 (0 complete) V ) HW some: 67.47%, 6.75 0f 10 pits ® P2—29A (sinilarto) 35 Question Help Q Vick Yardley practices medicine under the business title Vick Yardley, M. D. During July, the medical practice completed the followmg transactions: ® (Click the icon to View the transactions.) The business uses the followmg accounts: Cash; Accounts Receivable; OFfice Supplies; Land; Accounts Payable; Advertising Payable; Unearned Revenue; Notes Payable; Common Stock; Dividends; Servrce Revenue; Salaries Expense; Rent Expense; Utilities Expense; and Advertising Expense. Read the requirements. July 10: Purchased office supplies on account, $1,500. Renew the July 10jouriial entry that you prepared in Requirement 1. Cash Accounts Payable Servioe Revenue Jul. 1 63,000 630 Jul. 5 1,500 Jul. 10 ‘ ‘3’°°““"" — 3mm 0} Advertising Payable Office Supplies Notes Payable Jul. 10 1,500 La Common Stock Jul. 9 13,000 63,000 Jul.1 Dividends Choose from any list or enter any number in the input fields and then click Check Answer, All narlI: l=hnwinrl — Clear All javascriptdaExelclsefl): I ED 0 , https:ffwww.n\atl\irl.com/Studentll>layerHomework.aspx?h5meworkld=333426019&questionldzlfitflusl'ied=falsefiiddzifinflflfitcenteminzyes Bruce Cooper 1 l?— Align' ‘ Elfifimup ' Homew rk' Homework Chapter Two , L Rotate ' Score: 6.75 of 10 p15 4 1 0f 1 (0 complete) V ) HW Score: 67.47%, 6.75 0f 10 pits ® P2—29A (sinilarto) 35 Question Help Q Vick Yardley practices medicine under the business title Vick Yardley, M. D. During July, the medical practice completed the followng transactions: ® (Click the icon to View the transactions.) The business uses the follawmg accounts: Cash; Accounts Receivable; OFfice Supplies; Land; Accounts Payable; Amenising Payable; Unearned Revenue; Notes Payable; Common Stock; Dividends; Servrce Revenue; Salaries Expense; Rent Expense; Utilities Expense; and Advertising Expense. Read th e requirements. July 19: Bonowed $30,000 from the bank for busmess use. Renew the July 19journal entry that you mared in Requirement 1. Cash Accounts Payable Service Revenue Juli 63,000 630Jul.5 1,500Jul.10 , 13,000 Jul. 3 3mm 0} Jul. 19 30,000 Ofiioe Supplies Notes Payable Jul. 10 1,500 30,000 Jul. 19 La Common Stock Jul. 0 13,000 53,000 Jul. 1 Choose from any list or enter any number in the input fields and then click Check Answer, All narlI: l=hniwinrl — Clear All javascriptdaExelclsefl): I D i , https:ffb\mrw.n\atl\irl.c0m/Studentll>layerHomework.aspx?h5mework1d=333426019&questionldzlfitflusl'ied:fal;e&dd:3674320Btcenterbvinzyes Bruce Cooper 1 I?— Align' _ _‘ ‘ fifimup' Homew rk' Homeworkbhapter Two " LRotate' Score: 6.75 of 10 pts 4 1 or 1 (0 complete) v > Hw Score: 67.47%, 6.75 or 10 pts ® P2—29A (sinilarto) 35 Question Help Q Vick Yardley practices medicine under the business title Vick Yardley, M. D. During July, the medical practice completed the tollouinrig transactions: ® (Click the icon to View the transactions.) The business uses the follawmg accounts: Cash; Accounts Receivable; OFfice Supplies; Land; Accounts Payable; Amenising Payable; Unearned Revenue; Notes Payable; Common Stock; Dividends; SeMce Revenue; Salaries Expense; Rent Expense; Utilities Expense; and Advertising Expense. Read th e requirements. July 22: Paid $1,300 on account. Renew the July 77 journal entry that you prepared in Require merit 1. Cash Accounts Payable Service Revenue Jul. 1 63,000 630 Jul. 5 Jul. 22 1,300 1,500Jul. 10 Jul.19 30,000 13,000Jul. 9 1,300 Jul. 22 Advertising Payable Ofiice Supplies Moles Payable Jul. 10 1,500 30,000Jul.19 La Common Stock Jul. 9 13,000 63,000Jul.1 Choose from any list or enter any number in the input fields and then click Check Answer. All narh: chnminn — Clear All javascriptdaExelcrsefl): I D i , https:ffb\mrw.n\athirl.c0m/Studentll>layerHomework.aspx?h5mework1d=333426019&questionldzlfitflusl'ied:fal;e&dd:3674320Btcenterbvinzyes Bruce Cooper 1 I?— Align' _ _‘ ‘ fifimup' Homew rk' Homeworkbhapter Two " LRotate' Score: 6.75 of 10 p15 4 1 0f 1 (0 compbete) V ) HW Score: 67.47%, 6.75 0f 10 pits ® P2—29A (sinilar to) £5 Quesiion Help #- Vick Yardley practices medicine under the business title Vick Yardley, M. D. During July, the medical practice completed the followmg transactions: ® (Click the icon to View the transactions.) The business uses the tollawmg accounts: Cash; Accounts Receivable; OFfice Supplies; Land; Accounts Payable; Amenising Payable; Unearned Revenue; Notes Payable; Common Stock; Dividends; SeMce Revenue; Salaries Expense; Rent Expense; Utilities Expense; and Advertising Expense. Read th e requirements. July 28: The busmess received a bill for ameniSing in the daily newspaper to be paid in August, $230. Renew the July 28 'ournal entry that you waved in Requirement 1. Cash Accounts Payable Service Revenue Jul.1 63,000 630Jul.5 Jul.22 1,300 15000010 Jul.19 30,000 13,000Jul.3 — 3mm 0} 1,300 Jul. 22 Advertising Payable 230 Jul. 28 Revenue Offioe Supplies Notes Payable Jul. 10 1,500 30,000 Jul. 19 La Common Stock Advertising Expense Jul. 0 13,000 53,000 Jul. 1 Jul. 28 230 Choose from any list or enter any number in the input fields and then click Check Answer, All narh: chnminn — Clear All javascriptdaExelcrsefl): I D i , https:ffwww.n\atl\irl.com/Studentll>layerHomework.aspx?homeworkld=333426019&questionldzlfitflushed:i‘alseflddzflfinflflfitcenteminzyes Bruce Cooper 1 l?— Align' _ _‘ ‘ fifimup' Homew rk' Homeworkbhapter Two " LRotate' Score: 6.75 of 10 p15 4 1 0f 1 (0 complete) V ) HW Score: 67.47%, 6.75 0f 10 pts ® P2—29A (sinilarto) 35 Question Help Q Vick Yardley practices medicine under the business title Vick Yardley, M. D. During July, the medical practice completed the followmg transactions: ® (Click the icon to View the transactions.) The business uses the tollowmg accounts: Cash; Accounts Receivable; OFfice Supplies; Land; Accounts Payable; Amenising Payable; Unearned Revenue; Notes Payable; Common Stock; Dividends; SeMce Revenue; Salaries Expense; Rent Expense; Utilities Expense; and Advertising Expense. Read th e requirements. July 31: Revenues earned dunng the month included $6,300 cash and $5,900 on accountRecord these entries as a compound entry. Renew the July 31 journal entry that you prepared in Requirement 1. Cash Accounts Payable Service Revenue - 001.1 53,000 630Jul.5 010.22 1,300 150001010 12,200 010.31 , Jul. 19 30,000 13,000 Jul. 9 011.31 6,300 130000.22 Advertising Payable 230 Jul. 28 Accounts Receivable Jul. 31 5,900 Office Supplies Notes Payable Jul. 10 1,500 30,000Jul.19 Land Common Stock Advertising Expense Jul. 9 13,000 63,000 Jul. 1 Jul. 28 230 Choose from any list or enter any number in the input fields and then click Check Answer, All narh: chnminn — Clear All javascriptdaExelcrsefl): I ED 0 , https:ffwww.n\atl\itl.c0m/Studentll>layerHomework.aspx?homeworkld=333426019&questionldzlfitflushed:i‘alsefitddzifinflflfitcenteminzyes Bruce Cooper 1 l?— Align' ‘ Elfifiroup ' Homew rk' Homework Chapter Two , L Rotate ' Score: 6.75 of 10 p15 4 1 0f 1 (0 complete) V ) HW Score: 67.47%, 6.75 0f 10 pits ® P2—29A (sinilarto) 35 Question Help Q Vick Yardley practices medicine under the business title Vick Yardley, M. D. During July, the medical practice completed the followng transactions: ® (Click the icon to view the transactions.) Em. M sum LIME-um. The business uses the followmg accounts: Cash; Accounts Receivable; OFfice Supplies; Land; Accounts Payable; Amenising Payable; Unearned Revenue; Notes Payable; Common Stock; Dividends; SeMce Revenue; Salaries Expense; Rent Expense; Utilities Expense; and Advertising Expense. Read th e requirements. July 31: Paid employees' salaries $2,800, office rent $1,200, and utilities 5250. Record as a compound entry. Renew the July 31 journal entry that you prepared in Requirement 1. Cash Accounts Payable Service Revenue Jul. 1 63,000 630 Jul. 5 1,300 1,500 Jul. 10 12,200 Jul. 31 Jul. 19 30,000 13,000Jul. 9 Jul. 31 6,300 1,300 Jul. 22 4,250 Jul. 31 Advertising Payable Salaries 230 Jul. 28 Jul. 31 2,800 Accounts Receivable Relil Etpense Jul. 31 5,900 Jul. 5 630 Jul. 31 1,200 Office Supplies Noles Payable Utilities Jul. 10 1,500 30,000Jul. 19 250 La Common Stock Advertising Expense Jul. 9 13,000 63,000Jul.1 Jul. 28 230 Choose from any list or enter any number in the input fields and then click Check Answer, All narlI: l=hniwinrl — Clear All javascriptdaExelclsefl): I ED 0 , https:ffb\mrw.n\atl\irl.c0m/Studentll>layerHomeworkaspx?h5mework1d=333426019&questionldzlfitflusl'ied:fal;e&dd:3674320Btcenterbvinzyes Bruce Cooper 1 l?— Align' _ _‘ ‘ fifimup' Homew rk' Homeworktshapter Two " LRotate' Score: 6.75 of 10 p15 4 1 0f 1 (0 complete) V ) HW Score: 67.47%, 6.75 0f 10 pits ® P2—29A (sinilarto) 35 Question Help Q Vick Yardley practi...
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