Chapter 13-21 text question

Chapter 13-21 text question - Chapter 13 & 21 Text...

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University of Phoenix ACC/422 Instructor: Steven Sanders By Scott Ward
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E13-1 a) Current liability b) Current liability c) Current liability d) Current liability e) Current liability f) Current liability g) Current liability h) Current liability i) Current liability j) Current liability k) Current liabilities l) Footnote disclosure m) Current liability n) Current liability o) Footnote disclosure p) Current liability E13-7 Sales plus sales tax 233,200 + 153,700 = 386,900 Excluded Sales of Tax at 6% 386,900 / 1.06 = 365,000 June 30 Sales……………………………………………… 21,900 Sale Tax Payable………………………… 21,900
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E13-11 a) Cash……………………………………… 3,000,000 Sales……………………………. .. 3,000,000 Warranty Expense………………………… 20,000 Cash………………………………. 20,000 Warranty Expense………………………. .... 100,000
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This note was uploaded on 03/01/2012 for the course ACC all taught by Professor All during the Spring '12 term at University of Phoenix.

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Chapter 13-21 text question - Chapter 13 & 21 Text...

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