Suggested Solution
Chapter 1
老师的形容词1.
3.
国际事务
4.
安全征文
5.
(a)
(b) net income = 9,260-7,470=1,790
(c) net income = 1,790+2,500=4,290
奢侈品品牌排行Chapter 2
1.
a.To increa Notes Payable -CR
b.To decrea Accounts Receivable-CR
c.To increa Owner, Capital -CR
d.To decrea Unearned Fees -DR
e.To decrea Prepaid Insurance -CR
f.To decrea Cash - CR
g.To increa Utilities Expen -DR
h.To increa Fees Earned -CR
i.To increa Store Equipment -DR
j.To increa Owner, Withdrawal -DR
2.宋朝皇后
a.
Cash 1,800
Accounts payable ................................................. 1,800 b.
Revenue ................................................................. 4,500
Accounts receivable ..................................... 4,500
c.
Owner’ 1,500
Salaries Expen ........................................... 1,500 d.
Accounts Receivable (750)
Revenue (750)
3.
Prepare adjusting journal entries at December 31, the end of the year.
Advertising expen 600
Prepaid advertising 600
Insurance expen (2160/12*2) 360
Prepaid insurance 360
Unearned revenue 2,100
Service revenue 2,100
Consultant expen 900
Prepaid consultant 900
Unearned revenue 3,000
Service revenue 3,000 4.
1. $388,400
2. $22,520
3. $366,600
4. $21,800
5.
1. net loss for the year ended June 30, 2002: $60,000服务宣言
2. DR Jon Nisn, Capital 60,000
CR income summary 60,000
措组词组3. post-closing balance in Jon Nisn, Capital at June 30, 2002: $54,000
Chapter 3
1. Dundee Realty bank reconciliation
October 31, 2009
家风手抄报内容Reconciled balance $6,220 Reconciled balance $6,220
2. April 7 Dr: Notes receivable—A company 5400
Cr: Accounts receivable—A company 5400
12 Dr: Cash 5394.5
Interest expen 5.5
Cr: Notes receivable 5400
June 6 Dr: Accounts receivable—A company 5533
Cr: Cash 5533
18 Dr: Cash 5560.7
Cr: Accounts receivable—A company 5533
Interest revenue 27.7
3. (a) As a whole: the ending inventory=685
(b) applied parately to each product: the ending inventory=625
4. The cost of goods available for sale=ending inventory + the cost of goods=80,000+200,000*500%=80,000+1,000,000=1,080,000
5.(1) 24,000+60,000-90,000*0.8=12000
(2) (60,000+24,000)/( 85,000+31,000)*( 85,000+31,000-90,000)=18828
