CHAPTER_5_WORKPAPERS

CHAPTER_5_WORKPAPERS - 5-1NameChapter 5 Brief...

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Unformatted text preview: 5-1NameChapter 5 Brief ExercisesSectionDateBE5-1Cost ofGrossOperatingNetSalesGoods SoldProfitExpensesIncome112(a)$75,000 $30,000 $10,800 2334(b)108,00070,00029,500 4556(c)71,90079,60039,500677889910BE5-2Account TitlesDebitCredit1011 Hollins Company11121213131414151516 Gordon Company16171718181919202021212222232324BE5-3Account TitlesDebitCredit2425(a)252626272728282929303031(b)313232333334343535363637(c)373838393940405-15-2NameChapter 5 Brief Exercises ContinuedSectionDateBE5-4Account TitlesDebitCredit1 (a)122334 (b)455667 (c)78899101011BE5-51112Account TitlesDebitCredit1213131414151516BE5-61617Account TitlesDebitCredit171818191920202121222223232424252526BE5-72627Maulder Company2728Income Statement (Partial)2829For the Month Ended October 31, 200829303031313232333334343535363637373838393940405-25-3NameChapter 5 Brief Exercises ContinSectionDateBE5-81234567891011 (1)Multiple-Step Income Statement1213ItemSection14a.Gain on sale of equipment15b.Casualty loss from vandalism16c.Cost of goods sold1718 (2)Single-Step Income Statement1920ItemSection21a.Gain on sale of equipment22b.Casualty loss from vandalism23c.Cost of goods sold242526BE5-927 (a)2829 (b)3031 (c)323334 (d)3536373839405-35-3nued123456789101112131415161718192021222324252627282930313233343536373839405-35-4NameChapter 5 Brief Exercises ConcludedSectionDateBE5-10112233445566778899101011BE5-111112121313141415151616171718181919202021*BE5-12Account TitlesDebitCredit2122 (a)222323242425 (b)252626272728 (c)2829293030313132*BE5-133233 (a)Cash:33343435 (b)Merchandise Inventory:35363637 (c)Sales:37383839 (d)Cost of Goods Sold:3940405-45-5NameExerciseSectionDateMr. Welling11.232.45673.894.10115.12131415166.171819207.21228.2324252627282930313233343536373839405-55-5e 5-1gton123456789101112131415161718192021222324252627282930313233343536373839405-55-6NameExercises 5-2 and 5-3SectionDateE5-2General JournalDateAccount TitlesDebitCredit1 (a)12Apr. 5233445656677878991010118111212131314151415151616171718 (b)1819May 41920202121E5-3DateAccount TitlesDebit Credit 1Sept. 61223349455667107889910121011111212131314145-65-7NameExercise 5-3 Concluded and Exercise 5-4SectionDateGeneral JournalDateAccount TitlesDebitCredit1Sept. 141223344556206778899101011111212E5-4DateAccount TitlesDebit Credit 1 (a)Meredith Company12June 102334451156677812899101011191112121313141415 (b)Leinert Company1516June 10161717181819192020212122222323E5-3(Continued)5-75-8NameExercise 5-4 Concluded and Exercise 5-5SectionDateGeneral JournalDateAccount TitlesDebitCredit1June 1212233445561967788991010E5-5DateAccount TitlesDebit Credit 1 (a)12Dec. 3233445566778889910101113111212131314141515161617 (b)1718Jan. 2181919202021212222232324242525E5-4(Continued)5-85-9NameExercises 5-6 and 5-7SectionDateZambrana CompanyIncome Statement (Partial)For the Year Ended October 31, 2008112233445577(b)DateAccount TitlesDebit Credit 1Oct. 31122334314556677E5-7Account TitlesDebit Credit 1 (a)122334 (b)4556677889910101111121213131414151516161717E5-6(a)5-95-10NameExercise...
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CHAPTER_5_WORKPAPERS - 5-1NameChapter 5 Brief...

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