ACC 290 Week 3 Individual Problems and Exercises – A + Material
http://homeworklance.com/downloads/acc-290-week-3-individual-problems-and-exercises-a-material/
To Get this Tutorial Copy & Paste above URL Into Your Browser
Hit Us Email for Any Inquiry at: Lancehomework@gmail.com
Visit our Site for More Tutorials: ( http://homeworklance.com/ )
BE4-1
cash net income
A.
B.
C.
D.
E.
F. -100
0
0
+800
-2,500
0 0
-20
+1,300
0
0
-600
P4-2A
Date Accounts Debit Credit
1. June 30
Accounts Rec.
3,900
3,900
2. 30 Unearned Service Rev. 4,100
4,100
3. 30 Insur. Exp. 240
240
4. 30 Utility Exp. 180
180
5. 30 Salary Exp. 1,250
1,250
6. 30 Depreciation Exp. 250
250
7. 30 Supply Exp. 1,280
1,280
Cash
6/30 … 6,850
Accounts Receivable
6/30 … 7,000
6/30 3,900
6/30 … 10,900
N/A
Supplies
6/30 … 2,000 6/30 1,280
6/30 … 720
Prepaid Insurance
6/30 … 2,880 6/30 240
6/30 … 2,640
Equipment
6/30 … 15,000
Accounts Pay.
4,230 6/30 …
6/30 180
6/30 4,410
Salary Pay.
1,250 6/30
1,250 6/30 …
Unearned Service Rev.
4,100 6/30 5,200 6/30 …
1,100 6/30 …
Common Stock
6/30 … 22,000
Salary Exp.
6/30 … 4,000
6/30 1,250
6/30 … 5,250
Rent Exp.
6/30 … 2,000
Insur. Exp.
240 6/30
240 6/30 Bal....