of the document PRACTICAL EXERCISE 1 From the porial worksheets of Mr. Quickie Repair Shop for the quarter ended June 30, 2020, prepore he dosing entries and the post-dosing trial balance. Mr. QUICKIE REPAIR SHOP Worksheet For the quorter ended June 30, 2020 Adusted Tris Balance Debit Income Balance Sneet Statement Debik Credit Credit Debit Credt 25,000 62,500 Cash on Hand 25,000 62,500 Accourts Receivable Estimated Uncollecticle Account Notes Receivacie Shop Equipment Accumulated Deoreciion - Shop Eouoment Furmiture and Fiture Accumulated Deprecistion - Funture and Fixture AcCounts Payable Notes Payable Rosas, Cacital Rosas, Drawings Repair Income Saaies Expense Rent Expense Supples Expense Taxes and Licenses Light and Woter Expense TOx Payable Salaries Payoble Interest Expense 3,125 3,125 17,500 75,000 17,500 75.000 12,500 12,500 20,000 20,000 14,500 14,500 27500 30,000 111,875 27,500 30,000 111.875 2,500 2,500 75,000 75,000 27,500 20,000 7,500 5,250 27,500 20,000 7.500 5,250 8,750 1,500 7,500 1,500 7,500 500 S00 Iterest Payable Light and Water Payable Supples on Hand Bad Debt Expense Depreciation Expense Interest Receivable Interest Income 500 1,250 500 1,250 2,500 2,500 1,250 9,500 300 1,250 9,500 300 300 300 75,300 205,300 210,250 4,950 205,550 285,550 80,250 Net Loss Total 4,960 80,250 60,250 210,250 210,250

Need help with this questiin please. Thank you

Try Yourself - Question 2 Consider the following purchase history during October: Date Balance # of Days October 1 $110 8 October 9 $150 5 October 14 $260 8 October 22 $347 7 October 29 $612 3 The APR for this card is 16.45%. If the balance is not paid within the grace period, what is the total owed to the credit card company for this month? A. $261 B. $869 C. $616 D. $612 E. $704

Answer full question please.

Francisco Company has 10 employees, each of whom earns $2,800 per month and is paid on the last day of each month. All 10 have been employed continuously at this amount since January 1. On March 1, the following accounts and balances exist in its general ledger. a. FICA-Social Security Taxes Payable, $3,472; FICA-Medicare Taxes Payable, $812. (The balances of these accounts represent total liabilities for both the employer's and employees' FICA taxes for the February payroll only.) b. Employees' Federal Income Taxes Payable, $7,000 (llability for February only). c. Federal Unemployment Taxes Payable, $336 (liability for January and February together). d. State Unemployment Taxes Payable, $3,024 (lability for January and February together). The company had the following payroll transactions. March 15 Issued check payable to Swift Bank, a federal depository bank authorized to accept employers' payments of FICA taxes and employee income tax withholdings. The $11,284 check is in payment of…

1. Using EXCEL => Set up "T – Accounts" for each account listed in the Campln Inc. Post-Closing Trial Balance. "T-Account" example for several accounts. Assets Cash Accounts Receivable Inventory Beg $ 750,000 Beg $ 450,000 Beg $ 1,200,000 The following Post-Closing Trial Balance is available in EXCEL. Campln Inc. Post Closing Trial Balance 12/31/2020 Debit Credit Cash 750,000 Accounts Receivable 450,000 Allowance for Doubtful Accounts $ 10,000 Prepaid Insurance 100,000 Inventory 1,200,000 Equipment 4,500,000 Accumulated Depreciation - Equipment 1,350,000 Building 850,000 Accumulated Depreciation - Building $4 250,000 Land 1,100,000 Accounts Payable Salaries Payable 375,000 50,000 1,400,000 2,250,000 6,000 Mortgage Payable $ Long-Term Debt Common Stock - Par $0.01 APIC $ 2,994,000 Retained Earnings $ 265,000 8,950,000 8,950,000 $4

Sample Worksheet Work Sheet For the Month Ended January 31, 2020 Trial Balance Adjustments Adj. T/Balance Income Statement Balance Sheet Account Title Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. 13,200 22,000 5,400 29,250 22,000 5,400 Cash 20,000 b-h 3,950 29,250 22,000 a CD'S Other Securities 5,400 Loan Payable Owner' Equity 25,000 15,600 b 25,000 15,100 25,000 15,100 500 Revenue a 20,000 20,000 20,000 Interest Income Utilities expense Internet & Telephone Advertising Expense C 300 300 300 150 150 150 e 300 300 300 Rent Expense f 2,000 2,000 2,000 Supplies expense 450 450 450 Insurance expense 250 250 250 40,100 16,550 56,650 40,600 23,950 60,100 3,450 16,550 20,000 40,600 23,950 60,100 20,000 56,650 Net income 20,000 56,650 1. Cash is overstate by 500.00 and Owners Equity is overstated by $500.00. 2. Utilities Expense of $300.00 was paid on January 25. 3. Insurance expense of $250.00 was paid on January 27. 4. supplies for the month in the amount of $450.00 was purchased. 5. Rent for…