WitrynaCoronado Company, has these account balances at December 31, 2024. Notes payable ($62,000 due after 12/31/23) $103,000 Unearned service revenue 68,500 Other long-term debt ($90,000 due in 2024) 178,500 Salaries and wages payable 31,000 Accounts payable 62,500 In addition, Coronado is involved in a lawsuit. Witryna22 wrz 2024 · Francis Real Estate Company has the following account balances at December 31, the end of its fiscal year. Debit Credit Commissions Earned..... $84,900 Wages Expense..... $36,000 Insurance Expense..... 1,900 Utilities Expense..... 8,200 Depreciation Expense..... 9,800 Retained Earnings..... 72,100 Assume that the company …
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Witryna24 maj 2024 · A physical count of supplies indicates that $100 of supplies have not yet been used at December 31. A $75 telephone bill for December has been received but not recorded. One day of wages amounting to $125 remains unpaid and unrecorded at December 31; the amount will be included with the first Friday payment in January. WitrynaAt the end of Gordman Department Store's fiscal year on December 31, 2011, these accounts appeared in its adjusted trial balance. Freight-in $5,600 Merchandise Inventory 40,500 Purchases 447,000 Purchase Discounts 12,000 Purchases Returns and Allowances 6 ... Bass Company's account balances at December 31, 2007, for …
WitrynaMontauk Oil Company reports these account balances at December 31, Year 1: Accounts Payable $110,000 Land $200,000 Notes Payable $260,000 Equipment $160,000 Cash $80,000 Accounts Receivable $100,000 Buildings $240,000 Capital Stock $340,000 Retained Earnings $70,000 On January 2, Year 2, Montauk Oil collected $50,000 of its … WitrynaTRUE Company had the following account balances at December 31, 2024: Cash in bank P5,000,000 Cash on hand 200,000 Time deposits 500,000 Cash as bond sinking fund due June 30, 2024 1,000,000 Cash legally restricted for additions to plant (expected to be disbursed in 2024) 2,000,000 Cash as preferred stock redemption fund (redemption …
WitrynaMontauk Oil Co. reports these account balances at December 31, 2014: Accounts Payable $117,000 Land $207,000 Notes Payable $267,000 Equipment $167,000 Cash $87,000 Accounts Receivable $107,000 Buildings $247,000 Capital Stock $347,000 Retained Earnings $7; A company's December 31 worksheet for the current period …
WitrynaCullumber Company has the following balances in selected accounts on December 31, 2024. Cullumber has a calendar year-end. Accounts Receivable $0 Accumulated Depreciation - Equipment 0 Equipment 6,300 Interest Payable 0 Notes Payable 9,300 Prepaid Insura; Refer to the following fat of liability balances of December 31, 2024.
Witryna31 gru 2003 · At the end of Gordman Department Store's fiscal year on December 31, 2011, these accounts appeared in its adjusted trial balance. Freight-in $5,600 Merchandise Inventory 40,500 Purchases 447,000 Purchase Discounts 12,000 Purchases Returns and Allowances 6; Barth Company reports the following year-end account … nintendo switch oled screen brightnessWitryna1 gru 2024 · On December 1, 2024, Swifty Company had the account balances shown below. Debit Credit Cash $5,200 Accumulated Depreciation—Equipment $1,100 Accounts Receivable 3,700 Accounts Payable 3,200 Inventory 2,580 * Owner’s Capital 31,180 Supplies 1,000 Equipment 23,000 $35,480 $35,480 * (4,300 x $0.60) The following … nintendo switch oled screen vs originalWitrynaHarvest Company has the following December 31 General Ledger Account Balances after adjustments relating to Sales and Receivables: Sales $16,500 (of which 40% are credit sales still outstanding) Sales returns and Allowances $1,000 Miscellaneous Receivables $1,212 Allowance for Doubtful Accounts $1,502 Long-term Receivables … number of employees at us bankWitrynaOn December 31, Year 1, the bank reconciliations for Smith are as follows: Big Bank Bank balance $150,000 Deposit in transit 5,000 Book balance 155,000 Small Bank Bank balance $1,500 Outstanding checks (8,500) Book balance (7,000) What amount should be classified as cash on Smith's balance sheet at December 31, Year 1? $148,000 … nintendo switch oled scalperWitrynaStudy with Quizlet and memorize flashcards containing terms like 1. Burr Company had the following account balances at December 31, year 2: Cash in banks: $2,250,000 Cash on hand: $125,000 Cash legally restricted for additions to plant (expected to be disbursed in Y3): $1,600,000 Cash in banks includes $600,000 of compensating balances against … nintendo switch oled schutzglasWitryna21 lut 2024 · At December 31, 2024, Martinez Corporation has the following account balances: Bonds payable, due January 1, 2029 $2,300,000 Discount on bonds payable 95,000 Interest payable 88,000 Show how the above accounts should be presented on the December 31, 2024, balance sheet, including the proper classifications. (Enter … number of employees at wabtecWitrynaThe following is a December 31, 2024, post-closing trial balance for Culver City Lighting, Inc. Account Title Debits Credits Cash $ 62,000 Accts Receivable 46,000 Inventories 52,000 Prepaid insurance 22,000 Equipment 100,000 Accumulated dep. $41,000 Patent, net 47,000 Accounts payable 15,500 Interest payable 5,500 Note payable (due in 10 ... number of employees at tufts university