Entries by mary WAMBUGU

157 Equipment 15,900 167 Accumulated Depreciation—Equip. $  5,400

Kristen Company   Adjusted Trial Balance July 31, 2014 No. Account Titles Debits Credits 101 Cash $  9,840   112 Accounts Receivable 8,140   157 Equipment 15,900   167 Accumulated Depreciation—Equip. $  5,400 201 Accounts Payable 2,220 208 Unearned Rent Revenue 3,800 311 Common Stock 18,000 320 Retained Earnings 20,260 Instructions 332 Dividends 12,000   a)  Prepare the […]

 

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What ethical and legal liability relating to accountants and auditors might relate to your SEC 10-K company?

Using link provided /> Respond to each question below: 1. What ethical and legal liability relating to accountants and auditors might relate to your SEC 10-K company? 2. What trends in sales, cost of goods sold, and gross profit do you see? use a small table for your records and refer to percentages in terms […]

 

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The adjusted trial balance for Rich Landscape at December 31, 2014, contains the following accounts. Debits Credits Buildings $128,000 Common Stock 80,000

The adjusted trial balance for Rich Landscape at December 31, 2014, contains the following accounts. Debits Credits Buildings $128,000 Common Stock         80,000 Interest expense $2,600 Retained Earnings 28,000 Accounts Receivable 7,540 Accumulated Depreciation-Buildings 42,600 Prepaid Insurance 4,680 Accounts Payable 12,300 Cash 18,040 Notes Payable 95,000 Equipment 62,400 Accumulated Depreciation-Equipment 18,720 Land 67,000 Interest Payable […]

 

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Otis Company accumulates the following adjustment data at December 31. Services provided but not recorded total $1,420.

Otis Company accumulates the following adjustment data at December 31. 1.   Services provided but not recorded total $1,420. 2.   Supplies of $300 have been used. 3.   Utility expenses of $225 are unpaid. 4.   Unearned service revenue of $260 is recognized for services performed. 5.   Salaries of $800 are unpaid. 6.   Prepaid insurance totaling $380 has […]

 

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