WK4+LT - Running head: LEARNING TEAM ASSIGNMENT: CH. 11...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Running head: LEARNING TEAM ASSIGNMENT: CH. 11 TEXTBOOK EXERCISES 1 Learning Team Assignment: Ch. 11 Textbook Exercises Paula Dierks, Ticy Joris, Shannon Mell, Scott Ward ACC/281 August 29, 2011 Hong Zhao LEARNING TEAM ASSIGNMENT: CH. 11 TEXTBOOK EXERCISES 2 P11-1A (a) Jan. 5 Cash..................................................................... 22,680 Sales........................................................ 21,000 Sales Taxes Payable ............................... 1,680 12 Unearned Service Revenue................................. 10,000 Service Revenue...................................... 10,000 14 Sales Taxes Payable ........................................... 7,700 Cash........................................................ 7,700 20 Accounts Receivable .......................................... 43,200 Sales ....................................................... 40,000 Sales Taxes Payable ............................... 3,200 21 Cash..................................................................... 18,000 Notes Payable........................................... 18,000 25 Cash...................................................................... 12,420 Sales......................................................... 11,500 Sales Taxes Payable................................ 920 (b) (1) Jan. 31 Interest Expense.................................................. 40 Interest Payable ................................................... 40 (2) Jan. 31 Warranty Expense............................................... 2,800 Estimated Warranty Liability.............................. 2,800 (c) Current liabilities Notes payable................................................................................ Notes payable....
View Full Document

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.

Page1 / 6

WK4+LT - Running head: LEARNING TEAM ASSIGNMENT: CH. 11...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online