Expenses Food/Groceries Household Expenses Electricity Heating Cell Phone Water Expense summary for Paul and Amount Budgeted $290.00 45.00 80.00 35.00 24.50 Amount Spent $302.60 44.35 0.00 35.00 31.70 Difference
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- it View History M faith@.. tems 37.66% ··· Bookmarks Window AOL Ma.... B E C eBook U Sales Mail - F... Cost of goods sold Help Operating income Expenses: Selling expenses Administrative expenses The following multiple-step, income statement was prepared for Carlsbad Company contains errors: CARLSBAD COMPANY Income Statement For the Year Ended February 28, 2018 Delivery expense Total expenses Other expense: Interest revenue Gross profit R V Portal h... Check My Work 10 more Check My Work uses remaining. % G Chapter... B v2.cengagenow.com Prepare a corrected income statement for Carlsbad Company for the year ended February 28, 2018. Carlsbad Company Income Statement 6 $ 1,800,000 1,350,000 112,500 H C Cengag.. 9,495,000 (5,962,500) $3,532,500 (3,262,500) 270,000 90,000 $180,000 All work saved. N MacBook Pro ** W Activity... 8 M FA 9 K Save and Exit Submit Assignment for Grading 1dex.html?_con-contexternal browser-08launchUrd-http%253A% User Management,.. https://outlook.off.. 2Haytechccblackboard.com%252 FES Protection Plan work Exercises Seved 2. On June 1, 20X1, the firm bought supplies for $7,750. The $7750 was debited to the Supplies account. An inventory of supplies at the end of June showed that items costing $3,200 were on hand. 3. On June 1, 20X1, the firm bought equipment costing $67,200. The equipment has an expected useful life of 10 years and no salvage value. The firm will use the straight-line method of depreciation. Prepare end-of-June adjusting entries for Conner Company View transaction list Journal entry worksheet A B Prepare the adjusting entry for prepaid rent. Note: Enter debits before credits. Debit Credit Transaction General Journal 1 Next >What are the following journal entries of the following? MISCELLANEOUS EXPENSES ( VAT INCLUSIVE ) Promotional expenses 25,145.28 Paid Site Tripping Expenses ( Non-Vatable) 12,419.00 6,892.00 Paid Office Supplies 4,274.47 Paid Travel and Transportation ( Non-Vatable) 2,590.00 3,412.50 1,784.45 Paid Postage and mailing 767.38 447.22 Paid Miscellaneous ( Non-Vatable) 5,619.49 Paid Bank Penalties ( Non-Vatable) 5,000.00 2,000.00 8,000.00 Paid; (Auto Debit) Penalties - Late Payment ( Non-Vatable) 1,000.00 PAID
- III. Lazy Days Laundry receives an invoice for detergent. The invoice is dated April 9 with terms of 3/15, n/30. a. What is the discount date? b. What is the net date? c. If the invoice terms are changed to 3/15 EOM, what is the new discount date? d. What is the new net date?Create at least 3 transactions in one month for each specialized journalsi. Sales Journalii. Purchase journaliii. Return inwards journaliv. Return outward journalsv. Cash receipts journalsvi. Cash payment journalvii. General journalCASH SHORT AND OVER ENTRIES 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.
- orki Saved Help Save & Exit Submit TABLE 9-2 Rates for Retirement Savings Contributions Credit Check my work Modified Adjusted Gross Income Joint Return Head of Household Determine the retirement savings contributions credit in each of the following independent cases Use Table 9-2 Over 0 Not Over Over Not Over $ 41,000 S 0 $ 30,750 All Other Filing Status Over S O Applicable Percentage Not Over $ 20,500 50% Retirement Savings Contributions 41,000 44,000 30,750 33,000 20,500 22,000 20% 44,000 68,000 33,000 51,000 22,000 34,000 10% Credit 68,000 51,000 34,000 0% A married couple filing jointly with modified AGI of $37.500 and an IRA contribution of $1,800. b. A married couple filing jointly with modified AGI of $58,000 and an IRA contribution of $1.900 c. Ahead of household taxpayer with modified AGI of $33,000 and Roth IRA contribution of $1,990 d. A single taxpayer with modified AGI of $12,000 and an IRA contribution of $2,800.Figure 7.1. Department Store Statement for Jessica Horowitz Reference Posting Date Description Purchases & Payments & Advances Credits 7651209 6/25 Juniors Housewares Childrens PAYMENT $132.76 4111202 6/27 32.10 3245009 6/28 45.66 1371107 6/29 $175.00 Billing Period Previous Balance Periodic Rate Finance Charge Average Daily Balance 6/1 - 6/30 $215.00 1.5% $123.09 Payments & Credits Purchases & New Minimum Payment Advances Balance Payment Due $175.00 $25.00 7/25 Use Figure 7.1 What is the unpaid balance on Jessica's account? Select one: a. $215.00 b. $132.76 C. $40.00 d. $123.09P 00 it View History Bookmarks Window Help 00 A ezto.mheducation.com nt Portal Course Modules: Budgeting and Forecasting 62211 Week 4: Homework Question 3 - Week 4: Homework - Co omework G Saved Help Save & Exit Submit Check my work Information pertaining to Noskey Corporation's sales revenue follows: November 2021 (Actual) $ 180,000 December 2021 (Budgeted) $ 160,000 500,000 January 2022 (Budgeted) Cash sales 000'09 $ 540,000 Credit sales $ 360,000 000'09 Total sales 000'099 2$ Management estimates 5% of credit sales to be uncollectible. Of collectible credit sales, 60% is collected in the month of sale and the remainder in the month following the month of sale. Purchases of inventory each month include 70% of the next month's projected total sales (stated at cost) plus 30% of projected sales for the current month (stated at cost). All inventory purchases are on-account; 25% is paid in the month of purchase, and the remainder is paid in the month following the month of purchase.…
- 8. The ownerwithdrawscash forpersonalused.9. Thecompanypurchasesland by paying halfin cash andsigning anote.10. Thecompanypays thesupplier fortheirpurchaseslast month.Biweekly Cash Allowance Salary a. $2,572.50 $40.00 b. $3,150.00 $75.00 c. $ 892.50 $ 25.00 d. $1,575.00 e. $2,478.00 $15.00 Tax Ben $3.80 $10.00 $11.00 $25.00 Emp Ded CPP Emp Cont wwwwww Emp Ded ΕΙ Emp Cont wwwProblem 8.4A What total amount was recorded for purchases returns and allowances in the month of September? What percentage of total purchases does this represent? See attached information.
