A Beacons Company End-of-Period Spreadsheet For the Year Ended December 31, 20Y5 Unadjusted Trial Balance Cr. 2. 3. Adjusted Trial Balance Dr. 4. 5. 6 Account Title 7. 8 Cash 9Accounts Receivable 10 Prepaid Insurance 11 Supples 12 Land 13 Bulding 14 Accum Depr-Bulding 15 Equipment 16 Accum Depr.-Equipment 17 Accounts Payable 18 Salaries &Wages Payabie 19 Unearned Rent 20 Common Stock 21 Retained Earmings 22 Dividends 23 Fees Earned 24 Rent Revenue 25 Salaries &Wages Expense 26 Advertising Expense 27 Ubites Expense 28 Depr. Exp-Bulding 29 Repairs Expense 30 Depr. Exp-Equipment 31 Insurance Expense 32 Supplies Expense 33 Misc. Expense 34 35 Adjustments Dr. Cr. Cr. Dr. 10,800 38.900 4,200 2.730 98,000 400,000 10.800 48,000 1,050 550 98,000 400,000 9,100 3,150 2,180 205 300 12,000 217 300 101,000 101,000 85, 100 15,700 4,800 89.900 15,700 5.000 1,000 75,000 128,100 5,000 2,100 75,000 128,100 1,100 10,000 10,000 9.100 1,100 372,800 1,100 363,700 163,100 21,700 16,400 12.000 8,850 4,800 3.150 2,180 4.320 37. 330 905 900 905.900 158, 100 21,700 16,400 5,000 12.000 8,850 4,800 3,150 2,180 4.320 875.000 875.000 37.330

Instructions On January 31, Wilderness Resorts Inc. reacquired 23,900 shares of its common stock at $31 per share. On April 20, Wilderness Resorts sold 14,000 of the reacquired shares at $40 per share. On October 4, Wilderness Resorts sold the remaining shares at $29 per share. Journalize the transactions of January 31, April 20, and October 4. Refer to the Chart of Accounts for exact wording of account titles. Journal JOURNAL DESCRIPTION POST. REF. DEBIT CREDIT 1 2 B DATE AS

Climate Control Systems Co. offers its services to residents in the Spokane area. Selected accounts from the ledger of Climate Control Systems for the fiscal year ended December 31, 20Y2, are as follows: Prepare a statement of stockholders' equity for the year.

Rakesh

Question Content Area A summary of selected transactions in ledger accounts appears below for Alberto’s Plumbing Services for the current calendar year-end. Common Stock     1/1 6,778         Retained Earnings 12/31 9,605 12/31 22,551         Dividends 3/30 2,696 12/31 9,605 9/30 6,909     Net income for the period is a.9,605 b.29,329 c.22,551 d.38,934

Instructions Chart of Accounts Journal Instructions Yerbury Corp. manufactures construction equipment. Journalize the entries to record the following selected equity investment transactions completed by Yerbury during a recent year. Refer to the Chart of Accounts for exact wording of account titles. When required, round your answers to the nearest dollar. Feb. Mar. June July 2 Purchased for cash 5,200 shares of Wong Inc. stock for $19 per share plus a $120 brokerage commission. Received dividends of $0.25 per share on Wong Inc. stock. Purchased 2,000 shares of Wong Inc. stock for $25 per share plus a $115 brokerage commission. Sold 6,200 shares of Wong Inc. stock for $38 per share less a $105 brokerage commission. Yerbury assumes that the first investments purchased are the first investments sold. Received dividends of $0.50 per share on Wong Inc. stock. 6 7 26 Sept. 25 Check My Work 3 more Check My Work uses remaining I All work saved. DELL

A summary of selected transactions in ledger accounts appears below for Alberto’s Plumbing Services for the current calendar year-end. Common Stock     1/1 6,870           Retained Earnings 12/31 7,608 12/31 21,781           Dividends 3/30 2,402 12/31 7,608 9/30 5,206     Net income for the period is

Maya company has seen slow but steady growth over the past 10 years. Maya company started small, and all of the employees were family members. However, the business is now big enough that it is important to start setting up a more sophisticated internal control structure, including segregation of duties. What are the three specific functions that must be kept separate?

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Nabors Company reported the following current assets and liabilities for December 31 for two recent years: Dec. 31, Current Year Dec. 31, Previous Year $ 680 Cash 650 1,500 1,550 Temporary investments Accounts receivable 700 770 1,400 Inventory 1,250 Accounts payable 2,375 2,000 a. Compute the quick ratio on December 31 of both years. b. Interpret the company's quick ratio. Is the quick ratio improving or declining?