Reference no: EM13865770
Journalize the following transactions. Prepare the Income Statement .Statement of Retained Earnings ,Balance Sheet and Statement of Cash Flows using direct method.
Hamilton Company
January 2010
1.cash invested in company 116,000.00
1. cash paid for month's rent 4,000.00
3.office equipment purchased on credit 1,680.00
3. total paid for electrical equipment 14,000.00
3. cash paid at time of purchase of electrical equipment 3,200.00
5.cash paid at time of purchase of electrical equipment 800.00
5.cash paid for office supplies 900.00
6. amount collected for work completed 1,000.00
8.cash collected for services provided 4,600.00
8.office equipment purchased on credit 3,800.00
12. provided services on credit 3,000.00
15.completed work on credit 4,000.00
18. office supplied purchased on credit 500.00
20. cash received for services provided on January 12 3,000.00
20.cash paid for office equipment purchased on January 8 3,800.00
22.provided services on credit 2,800.00
24.billed client for work completed 600.00
25. cash received for services provided on January 22 2,800.00
26.cash paid for office equipment purchased January 3 1,680.00
27. purchased January advertising , payment due February 1 60.00
28. received cash for January 15th work 4,000.00
30.cash paid for January telephone bill 200.00
30. cash paid for January utilities 920.00
31.cash paid for dividends 1,900.00
31. cash paid for assistant's salary 1,700.00
31. cash paid for receptionist salary 1,200.00
|
Case: loss of manufacturing jobs
: Widgets, as everyone acknowledges, are very cute and cuddly but not something that is a necessity of life and required by everyone. They clearly fall into the "non-essential" category of goods. The inventory and only source for widgets is the XYZ Wid..
|
|
What is the atmosphere?
: What is the atmosphere?
|
|
Sell coupon books as a fund-raising activity
: The Soccer Club decided to sell coupon books as a fund-raising activity. The books allow users to enjoy restaurants, entertainment, and services such as oil changes, at substantial discounts. The club bought 100 books for $16 each, and members will s..
|
|
State of strain at a point of an elastic solid
: The state of strain at a point of an elastic solid is given in the x-y-z coordinates by:
|
|
Journalize the following transactions
: Journalize the following transactions. Prepare the Income Statement .Statement of Retained Earnings ,Balance Sheet and Statement of Cash Flows using direct method. Hamilton Company
|
|
Describe the key elements of a solid emergency response
: Describe the key elements of a solid emergency response program
|
|
Compute the present value of the complete package
: As a result of a slowdown in operations, Mercantile Stores is offering to employees who have been terminated a severance package of $ 100,000 cash; another $ 100,000 to be paid in one year; and an annuity of $ 30,000 to be paid each year for 20 years..
|
|
At what point should managers reorder the steering wheels
: At what point should managers reorder the steering wheels, assuming that both demand and purchase-order lead time are known with certainty?
|
|
At the end of the year panda inn owns
: At the end of the year Panda Inn owns a fleet of 15 trucks all of which have 10 year useful lives, $1,000 residual values and are depreciated under GAAPs straight-line method. The CEO has authorized the sale of one five-year-old truck whose original ..
|