ACCT Oct 25

ACCT Oct 25 - ACCT Professor Williams Chapter 4 Homework...

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ACCT Professor Williams Chapter 4 Homework Pg.182 PB4-5 + Cash - Beg. Bal. 5 (b)18 (a)20 (e)28 (d)56 (f)3 (j)3 (h)11 (l)10 End Bal. 14 + Accounts Receivable - Beg. Bal. 4 (g)8 (d)9 End Bal.5 + Supplies - Beg. Bal. 2 (i)10 End Bal. 12 + Small Tools - Beg. Bal. 6 (f) 3 End Bal. 9 + Equipment - (b)18 End Bal. 18 + Accumulated Depreciation - + Other Assets - Beg. Bal. 9
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- Accounts Payable + Beg. Bal. 7 (e)7 (h)11 (i)10 - Notes Payable + (a)20 - Wages Payable + - Interest Payable + - Income Tax Payable + - Unearned Revenue + (j)3 - Dividends Payable + (l)10 - Contributed Capital + Beg. Bal. 15 (c)5
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- Retained Earnings + Beg. Bal. 4 - Dividends Declared + (k)10 - Service Revenue + (d)65 - Depreciation Expense + + Income Tax Expense - + Interest Expense - + Supplies and other operating expenses - (e)35 Dr Cr (A)July 1, 2005
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Cash 20 Short term notes payable 20 Borrowed cash on July 1, 2005 by signing a short term note payable (B)July 1, 2005 Equipment 18 Cash 18 Purchased equipment on July 1, 2005 and paid cash (C) Debit- 5 Contributed Capital 5 Explanation- (D)2005 Accounts Receivable 9 Cash 56 Service Revenue 65 Earned revenue for 2005 in accounts receivable and cash (E)2005 Operating Expenses 35 Accounts Payable 7 Cash 28 Recognized operating expenses with accounts payable and cash (F)
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This note was uploaded on 04/07/2008 for the course ACCT 200 taught by Professor Williams during the Fall '07 term at Marist.

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ACCT Oct 25 - ACCT Professor Williams Chapter 4 Homework...

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