Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
1. Using the Chart of Accounts provided, record the transactions in the General Journal. Do not add new accounts. Be sure to include a brief description of the transaction. 2. Post the General Journal entries to the General Ledger. 3. Prepare the Unadjusted Trial Balance in the Trial Balance tab. 4. Journalize any adjusting entries in the General Journal and post to the General Ledger. Show your calculations for the adjustments in the Adjustments tab. 5. Prepare the Adjusted Trial Balance in the Trial Balances tab and complete the worksheet. 6. Prepare the Balance Sheet, Income Statement, Statement of Shareholder's Equity, and Statement of Cash Flows (direct method) for the period of July 1 - July 31, 20xx. Ignore the effects of income tax. 7. Close the temporary accounts and record the closing entries in the General Journal. Post the closing entries in the General Ledger. IMPORTANT NOTE: This case must be completed in Excel or another spreadsheet program saved in an xls. format. Submissions that are not in xls. format will not be accepted. See Blackboard and the syllabus for additional information and due date. Check figures: Unadjusted Trial Balance Totals = $189,500.00 Adjusted Trial Balance Totals = $194,397.50 Net Income = $802.50
Actual production required an overhead cost of $420,000, $825,000 in materials used, and $330,000 in labor. All of the goods were completed. What amount was transferred to Finished Goods?
How many classes would be offered if Bo increased the number of classes offered by 100 percent? What would be total labor cost?
weve all experienced or heard about the challenges that airlines have been facing. read the zacks investment research
determine that the total estimated life should be 15 years with a salvage value of 4000 at the end of that time. Prepare the entry (if any) to correct the prior years depreciation.
Assuming all of the containers produced by the bottle Division can be sold to outside companies, which of the following is the range at which a negotiated transfer price among the two divisions should occur?
Journalize the transactions of November 10. What is balance in Treasury Stock on December 31 of the current year?
She is entitled to one exemption. Husband deducts itemized deductions of $8,200. What is taxable income for the wife?
What is the value of the cash flow stream at the end of Year 5 if the cash flows are invested in an account that pays 10 percent annually?
Describe and compare the inventories carried by both manufacturing and merchandising companies. Where would these inventories be reported in the financial statements?
expenditure on goods and services produced by the private sector. If we imported $3 billion more than we exported, what is the measured GDP?
Explain the advantage of using a flexible budget. Also, why are flexible overhead budgets based on an activity measure, such as hours or process time or machine time?
What discount rate did you use to evaluate the investment alternatives offered by the proposed capital expansion and replacement program? Justify your answer.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd