Attached are images containing information to build what is essentially an encompassing financial report on "Howard's Flight Radio Management Corporation. I need:

Financial Accounting Project: 1. The owner, Josef Miguel, invested Php250,000 cash in the business. He registered the business with the following expenditures: a. Mayor's permit, Php5,000 b. DTI registration, Php600 c. BIR/TIN Registration, Php500 d. Transportation during the processing of registration, Php300 2. After the business permit was taken, he started the business with the following cash expenditures: a. Paid in cash rent of office space, Php24,000 b. Paid insurance, Php60,000 c. Purchased supplies, Php3,000 d. Purchased of second-hand delivery truck, Php150,000 3. Total delivery income for the month, Php300,000 of which 40% are on account. 4. Received cash advance amounting to Php180,000 for delivery services to be rendered in 18 months. 5. Billed customers for services rendered, Php45,000. 6. Expenses paid / incurred during the month were as follows: a. Salaries, Php40,000 b. Utilities, Php2,000 c. Transportation, Php3,000 d. Telephone, Php6,000 7. Collected 50% of…

The geological consulting firm of Gilbert, Marsh, & Kester prepares adjusting entries on a monthly basis. Among the items requiring adjustment on December 31, year 2, are the following. The company has outstanding a $50,000, 9 percent, 2-year note payable issued on July 1, year 1. Payment of the $50,000 note, plus all accrued interest for the 2-year loan period, is due in full on June 30, year 3. The firm is providing consulting services to Texas Oil Company at an agreed-upon rate of $1,000 per day. At December 31, 10 days of unbilled consulting services have been provided. Instructions Assume that on January 30, year 3, Gilbert, Marsh, & Kester receive $25,000 from Texas Oil Company in full payment of the consulting services provided in December and January. What portion of this amount constitutes revenue earned in January?

At the end of the first year of operations, mayberry advertising had accounts receivable of $21100. Management of the company estimates that 8% of the accounts will not be collected What adjutment would mayberry advertising record to established allowance for uncollectible accounts Do the journal entry worksheet

A company provides cost-effective solutions for managing regulatory requirements and the company needs specific to the airline industry. Assume that on July 1 the company issues a one-year note for the amount of $4.1 million. Interest is payable at maturity. Required: Determine the amount of interest expense that should be recorded in a year-end adjusting entry under each of the following independent assumptions: (Enter your answers in dollars, not in millions (i.e. 5 should be entered as 5,000,000).) Interest Rate Fiscal Year-End Interest Expense 1. 11% December 31 234 9% September 30 9% October 31 6% January 31

Adjusting Entries: Please tell me how this would be recorded on a General Journal. The following categories are in this order Date, Description, Post Ref, Debit, Credit.a) Depreciation expense for the month on the building is $2,000b) A count of the Supplies account indicates that supplies of $450 have been usedc) Two months have passed since insurance for the year was paid. The amount of the check was $1,200. The entry at time of payment debited the Prepaid Insurance accountd) Employees have earned $400 since the last pay daye) Advertising in the local paper was paid this month in the amount of $500. THe amount was debited to Prepaid Advertising and the advertisement is to run next monthf) Joe Moreland paid us $500 in advance for work to be done on his residence. The entry to record the collection of this cash included a credit to Labor Revenue. The work is halfway done.

When a concert promotions company collects cash forticket sales two months in advance of the show date,which of the following accounts is recorded?a. Accrued Liabilityb. Accounts Receivablec. Prepaid Expensed. Unearned Revenue

I need help with: ·      Entering adjustments on the spreadsheet provided. ·      Using the new and adjusted totals, calculate the totals on the financial statements in the spaces provided.

The following items appear on the balance sheet of Crunched Auto Body Repair Shop, which has a 12-month operating cycle. Select the proper classification of each item as follows: C if it is a current liability, L if it is a non-current liability, or N if it is not a liability.