第一次小考解&cced

第一次小考解&cced

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Unformatted text preview: Ending retained earnings.............................................. $ 7,000 Add: Dividends............................................................... 500 Net income .........................................................................$ 7,500 b& (a) (b) (c) Error In Balance Difference Larger Column 1. No $500 Debit 2. Yes — — 3. No 400 Debit 4. No 400 Debit 5. Yes — — 6. No 45 Credit b & 1. Interest Expense....................................................... 750 Interest Payable ....................................................... 750 ($25,000 X 12% X 3/12) 2. Supplies Expense................................................... 1,950 Supplies...................................................................... 1,950 ($2,650 – $700) 3. Depreciation Expense............................................... 2,000 Accumulated Depreciation—Equipment................. 2,000 4. Insurance Expense .................................................... 1,050 Prepaid Insurance...................................................... 1,050Prepaid Insurance....
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This note was uploaded on 04/01/2011 for the course ACCT COST ACCT taught by Professor Wang during the Spring '11 term at National Taiwan University.

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第一次小考解&cced

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