3.6 Satka Fishing Expeditions ,Inc., recorded the following transactions in July
…………………..
Indicate the effects that each of the transactions will have upon the following six total amounts in the company’s financial statements for the month of July. Organize your answer in tabular form, using the column headings shown, and u the code letters I for increa, D for decrea, and NE for no effect.
3.7 A number of transactions of Claypool Construction are described below in terms of accounts debited and credited.综艺节目策划案
a. Indicate the effects of each transactions upon the elements of the income statement and the balance sheet. U the code letters I for increa, D for decrea, and NE for no effect. Organize your answer in tabular form, using the column headings shown,
b. Write a one-ntence description of each transaction.
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3.8小班社会教案 Shown below are lected transactions of the architectural firm of Baxter, Claxter, and Stone, Inc.表达效果
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a. Prepare journal entries to record the transactions in the firm’s accounting records.
b. Identify any of the above transactions that will not result in a change in the company’s net income.
3.10 Trafflet Enterpris incorporated on May 3,2009. The company engaged in the following transactions during its first month of operations:
a. Prepare journal entries, including explanations, for the above transactions.
b. Post each entry to the appropriate ledger accounts
c. Prepare a trial balance dated May 31, 2009. Assume accounts with zero balances are not included in the trial balance.
广州长隆海洋王国3.11 The McMillan Corporation incorporated on September 2, 2009. The company engaged in the following transactions during its first month of operations:
a. Prepare journal entries, including explanations, for the above transactions.
b. Post each entry to the appropriate ledger accounts
c. Prepare a trial balance dated May 30, 2009. Assume accounts with zero balances are not included in the trial balance.
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Exerci 5.2
Tutors for Rent, Inc., performs adjusting entries every month, but clos its accounts only
at year-end. The company’s year-end adjusted trial balance dated December 31, 2009, was:
TUTORS FOR RNET,INC.
Adjusted Trial Balance
December 31, 2009
Cash…………………………………………………………………………… $91,100
Accounts receivable…………………………………………………………… 4,500
Supplies………………………………………………………………………... 300
Equipment……………………………………………………………………… 12,000
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Accumulated depreciation: equipment………………………………………… $5,000
Accounts payable……………………………………………………………… 1,500