ch 3 - 1. SOLUTIONS TO PROBLEMS

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Unformatted text preview: 1. SOLUTIONS TO PROBLEMS www.sba.pdx.edu/faculty/.../SOLUTIONS%20TO%20PROBLEMS.docx http://wenku.baidu.com/view/f620503510661ed9ad51f317.html?from=related PROBLEM 3-1 (a) (Explanations are omitted.) and (d) Cash Furniture and Equipment Sept. 1 20,000Sept. 4 680 Sept. 2 17,280 8 1,690 5 942 20 980 10 430 18 3,600 Yasunari Kawabata, Capital 19 3,000 Sept. 19 3,000Sept. 1 20,000 30 1,800 30 6,007 30 85 Bal. 30 23,007 30Bal 12,133 Acco unts Recei vable Sept. 14 5,820Sept. 20 980 25 2,110 Accounts Payable Bal. 30 6,950 Sept. 18 3,600Sept. 2 17,280 Bal. 30 13,680 Rent Expe nse Sept. 4 680 Sept. 30 680 Supp lies on Hand Service Revenue Sept. 5 942Sept. 30 330 Sept. 30 9,620Sept. 8 1,690 Bal. 30 612 14 5,820 25 2,110 9,620 9,620 Misc ellan eous Offic e Expe nse Accumulated Depreciation Sept. 10 430Sept. 30 515 Sept. 30 288 30 85 515 515 Cash Furniture and Equipment Sept. 1 20,000Sept. 4 680 Sept. 2 17,280 8 1,690 5 942 20 980 10 430 18 3,600 Yasunari Kawabata, Capital 19 3,000 Sept. 19 3,000Sept. 1 20,000 30 1,800 30 6,007 30 85 Bal. 30 23,007 30Bal 12,133 Acco unts Recei vable Sept. 14 5,820Sept. 20 980 25 2,110 Accounts Payable Bal. 30 6,950 Sept. 18 3,600Sept. 2 17,280 Bal. 30 13,680 Rent Expe nse Sept. 4 680 Sept. 30 680 Supp lies on Hand Service Revenue Sept. 5 942Sept. 30 330 Sept. 30 9,620Sept. 8 1,690 Bal. 30 612 14 5,820 25 2,110 9,620 9,620 Misc ellan eous Offic e Expe nse Accumulated Depreciation Sept. 10 430Sept. 30 515 Sept. 30 288 30 85 Offic e Salar ies Cash Furniture and Equipment Sept. 1 20,000Sept. 4 680 Sept. 2 17,280 8 1,690 5 942 20 980 10 430 18 3,600 Yasunari Kawabata, Capital 19 3,000 Sept. 19 3,000Sept. 1 20,000 30 1,800 30 6,007 30 85 Bal. 30 23,007 30Bal 12,133 Acco unts Recei vable Sept. 14 5,820Sept. 20 980 25 2,110 Accounts Payable Bal. 30 6,950 Sept. 18 3,600Sept. 2 17,280 Bal. 30 13,680 Rent Expe nse Sept. 4 680 Sept. 30 680 Supp lies on Hand Service Revenue Sept. 5 942Sept. 30 330 Sept. 30 9,620Sept. 8 1,690 Bal. 30 612 14 5,820 25 2,110 9,620 9,620 Misc ellan eous Offic e Expe nse Accumulated Depreciation Sept. 10 430Sept. 30 515 Sept. 30 288 30 85 Sept. 30 1,800 Sept. 30 1,800 Sup plie s Exp ens e Sept. 30 330 Sept. 30 330 PROBLEM 3-1 (Continued) Dep reci atio n Exp ens e Income Summary Sept. 30 288 Sept. 30 288 Sept. 30 680 Sept. 30 9,620 30 515 30 1,800 30 330 30 288 30 Inc. 6,007 9,620 9,620 (b) YASUNARI KAWABATA, D.D.S. Trial Balance September 30 Debit Credit Cash.................................. ........................................... 12,133 Accounts Receivable 6,950 Supplies on Hand 612 Furniture and Equipment 17,280 Accumulated Depreciation 288 Accounts Payable 13,680 Yasunari Kawabata, Capital 17,000 Service Revenue 9,620 Rent Expense 680 Miscellaneous Office Expense 515 Office Salaries Expense 1,800 Supplies Expense 330 Depreciation Expense 288 Totals 40,588 40,588 PROBLEM 3-1 (Continued) (c) YASUNARI KAWABATA, D.D.S....
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This note was uploaded on 10/23/2011 for the course ACCOUNTING 101 taught by Professor Smith during the Spring '08 term at Parkland.

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ch 3 - 1. SOLUTIONS TO PROBLEMS

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