CHAPTER_1_WORKPAPERS

CHAPTER_1_WORKPAPERS - 1-1NameChapter 1 Brief

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Unformatted text preview: 1-1NameChapter 1 Brief ExercSectionDateStockholders'BE1-1AssetsLiabilitiesEquity1(a)$90,000 $50,000 23(b)$40,000 $70,000 45(c)$94,000 $60,000 6BE1-27(a)8(b)9(c)1011BE1-312(a)1314(b)1516(c)1718BE1-419(a)(d)20(b)(e)21(c)(f)2223BE1-5Stockholders'24AssetsLiabilitiesEquity25(a)26(b)27(c)2829BE1-6Stockholders'30AssetsLiabilitiesEquity31(a)32(b)33(c)343536BE1-737(a)(e)38(b)(f)39(c)(g)40(d)1-11-1cises123456789101112131415161718192021222324252627282930313233343536373839401-11-2NameChapter 1 Brief Exercises ConcludedSectionDateBE1-81(a)12(b)23(c)3445BE1-956Lopez Company67Balance Sheet78December 31, 200889Assets91010111112121313141415Liabilities and Stockholders' Equity1516161717181819192020212122222323242425BE1-102526(a)2627(b)2728(c)2829(d)2930(e)3031(f)313232333334343535363637373838393940401-21-3NameExercises 1-1 andSectionDateE1-11Analyzing and interpreting information.2Classifying economic events.3Explaining uses, meaning, and limitations of data.4Keeping a systematic chronological diary of events.5Measuring events in dollars and cents.6Preparing accounting reports.7Reporting information in a standard format.8Selecting economic activities relevant to the company.9Summarizing economic events.1011E1-212 (a)Internal users:131415161718External users:19202122232425 (b)26Can we afford to give our employees a pay raise?27Did the company earn a satisfactory income?28Do we need to borrow in the near future?29How does the company's profitability compare to other companies?30What does it cost us to manufacture each unit produced?31Which product should we emphasize?32Will the company be able to pay its short-term debts?33343536373839401-31-3d 1-2123456789101112131415161718192021222324252627282930313233343536373839401-31-4NameExercises 1-3 andSectionDateE1-3123456789101112131415161718192021222324E1-4251.2627282.2930313.3233343536373839401-41-4d 1-4123456789101112131415161718192021222324252627282930313233343536373839401-41-5NameExercises 1-5 toSectionDateE1-5AssetLiabilityStockholders' Equity1234567891011E1-612131.142.153.164.175.186.197.208.219.2223242526E1-727281.292.303.314.325.336.347.358.36373839401-51-5o 1-7123456789101112131415161718192021222324252627282930313233343536373839401-51-6NameExercise 1-8SectionDateS. Moses & Co.1 (a)121.232.34453.564.67785.896.9107.10118.11129.121310.13141415151616171718181919202021 (b)2122222323242425252626272728282929303031 (c)313232333334343535363637373838393940401-61-7NameExerciseSectionDateS. Moses & S. Moses & Co.Income StatementFor the Month Ended August 31, 200812345678S. Moses & Co.Retained Earnings StatementFor the Month Ended August 31, 2008123456S. Moses & Co.Balance SheetAugust 31, 20081Assets2345678Liabilities and Stockholders' Equity9101112131415161-71-7e 1-9Co....
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CHAPTER_1_WORKPAPERS - 1-1NameChapter 1 Brief

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