As of December 31 of the current year, records show the following. Cash Accounts receivable Office supplies Land Accounts payable Wages payable Notes payable Consulting revenue Rental revenue Wages expense Interest expense Advertising expense Selling and administrative expenses $13,000 10,500 7,500 6,500 3,500 14,000 4,500 37,500 25,000 21,500 2,500 13,500 9,500 Prepare the income statement for the current year ended December 31. Revenues Total revenues Expenses Income Statement For Current Year Ended December 31

SCHEDULE OF ACCOUNTS RECEIVABLE Based on the information provided in Problem 10-11A, prepare a schedule of accounts receivable for Sourk Distributors as of March 31, 20--. Verify that the accounts receivable account balance in the general ledger agrees with the schedule of accounts receivable total.

Joseph Co. reported the following financial information for 2020: Accounts receivable, January 1, 2020 P1,200 Accounts Receivable, December 31, 2020 250 Cash collection from customer on account 1,300 Joseph Co.’s service revenue rendered on account to clients amounted to

Complete the attached excel sheet using the data

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Income tac was $300,409 for the year. Income tac payable was $28,102 and $42,997 at the beginning and end of the year,reapectively. Cash payants for income tac reportés on the statement pc cash flots usine the direct method la a. $ 285,514 b. 315,304 c. 300,409 d. 371,508

Based on the following information, prepare the weekly entries for cash receipts from service fees and cash short and over. A change fund of $100 is maintained. Date Change Fund Cash Register Receipt Amount Actual Cash Counted General Journal June 1 $100 $330.00 $433.00 GENERAL JOURNAL 8 100 297.00 400.00 DATE ACCOUNT TITLE POST. REF. DEBIT CREDIT 15 100 233.00 331.00 22 100 302.00 396.50 2 29 100 316.00 412.00 3 Required: Prepare the weekly entries for cash receipts from service fees and cash short and over. 5 6 7 8 1,

The following information (in $ millions) comes from the Annual Report of Saratoga Springs Co. for the year ending 12/31/2021:  Year ended 12/31/2021 Net sales $7,949   Cost of goods sold 4,767   Selling and administrative expense 1,909   Interest expense 416   Income before tax 857   Net income 458         12/31/2021   12/31/2020 Cash and cash equivalents   $ 975       $ 64   Receivables, net     1,010         664   Inventories     1,055         519   Land, buildings and equipment at cost, net     13,500         3,844   Total assets   $ 16,540       $ 5,091                       Total current liabilities   $ 5,747       $ 2,209   Long-term debt     5,591         2,221   Total liabilities   $ 11,338       $ 4,430   Total stockholders' equity   $ 5,202       $ 661      Required:Compute the return on assets for 2021. (Round your answer to 1 decimal place.)

Prepare the weekly entries for cash receipts from service fees and cash short and over

Required information   [The following information applies to the questions displayed below.]  The cash records and bank statement for the month of July for Glover Incorporated are shown below.     GLOVER INCORPORATED     Cash Account Records     July 1, 2021, to July 31, 2021     Cash Balance               Cash Balance     July 1, 2021 + Cash Receipts         − Cash Disbursements = July 31, 2021     $7,390   $8,630             $10,140   $5,880     Cash Receipts   Cash Disbursements     Date   Desc.   Amount   Date   Check#   Desc.   Amount     7/9   Sales   $ 2,630     7/7   531   Rent   $ 1,570       7/21   Sales     3,210     7/12   532   Salaries     2,030       7/31   Sales     2,790     7/19   533   Equipment     4,200                       7/22   534   Utilities     970                       7/30   535   Advertising     1,370               $ 8,630                 $ 10,140           P.O. Box 123878   FIDELITY UNION   Member FDIC       Gotebo,…