Ch14_e12 - Weston, Wolf, and Bean General Journal Trans....

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Fundamental Accounting Principles Student Name: Eleventh Canadian Edition, by Larson, Jensen, and Carroll Class: SPATS Exercise 14-12 Press F5, enter a cell reference, and click on <OK> to go to one of the following data entry areas: REPORT REFERENCEPRINT AREA Schedule M1 M6:V30 General Journal X1 X6:AB30 Given Data AE1
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REPORT REFERENCE General Journal V1 Given Data AE1 0 0 SPATS Exercise 14-12 Weston, Wolf, and Bean Allocation Schedule Acc. Amort. Accounts Cash Equipment Equipment Payable Account balances prior to liquidation $13,000 $152,000 $89,000 $7,000
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REPORT REFERENCE Schedule M1 Given Data AE1 0 0 SPATS Exercise 14-12
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Unformatted text preview: Weston, Wolf, and Bean General Journal Trans. Date Accounno. Debit Credit Note Weston Wolf Bean Payable Capital Capital Capital $12,000 $31,000 $14,000 $12,000 Given Data: Weston, Wolf, and Bean Acc. Amort. Accounts Note Weston Cash Equipment Equipment Payable Payable Capital Account balances prior to liquidation $13,000 $152,000 $89,000 $7,000 $12,000 $31,000 Equipment was sold for $56,000 and the partners share any income (loss) in the ratio of 2:1:1 for Weston , Wolf, and Bean respectively. Wolf Bean Capital Capital $14,000 $12,000...
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This note was uploaded on 08/22/2009 for the course ACCT 1202 taught by Professor Carmendima during the Winter '06 term at Niagara College.

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Ch14_e12 - Weston, Wolf, and Bean General Journal Trans....

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