Question No.6 The following data of HASF Companyis available with you. You arerequired to prepare the followings. Particulars Debit Credit 100,000 124,500 12,000 25,000 100,000 500,000 CASH INVENTORY ACCOUNTS RECEIVABLES SHORT TERM INVESTMENT FURNITURE BUILDING UNEARNED REVENUE ACCOUNTS PAYABLE ACC.DEP.PLANT-FURNITURE ACC.DEP.BUILDING EQUITY CONSULTANCY REVENUE REPAIR EXPENSE RENT EXPENSE INSURANCE EXPSNES OTHER GENERAL EXPNSE UTILITY EXPENSE SALARIES EXPENSE INTEREST EXPENSE DEPRECIATION EXPENSE SALARIES PAYABLE ТOTAL 27,000 9,000 5,000 6,000 200,000 650,000 2,000 3,500 1,000 1,200 6,000 10,000 11,000 2,000 897000 897,000 Required Income Statement Statement of Owner's Equity Balance Sheet
Question No.6 The following data of HASF Companyis available with you. You arerequired to prepare the followings. Particulars Debit Credit 100,000 124,500 12,000 25,000 100,000 500,000 CASH INVENTORY ACCOUNTS RECEIVABLES SHORT TERM INVESTMENT FURNITURE BUILDING UNEARNED REVENUE ACCOUNTS PAYABLE ACC.DEP.PLANT-FURNITURE ACC.DEP.BUILDING EQUITY CONSULTANCY REVENUE REPAIR EXPENSE RENT EXPENSE INSURANCE EXPSNES OTHER GENERAL EXPNSE UTILITY EXPENSE SALARIES EXPENSE INTEREST EXPENSE DEPRECIATION EXPENSE SALARIES PAYABLE ТOTAL 27,000 9,000 5,000 6,000 200,000 650,000 2,000 3,500 1,000 1,200 6,000 10,000 11,000 2,000 897000 897,000 Required Income Statement Statement of Owner's Equity Balance Sheet
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter8: Current And Contingent Liabilities
Section: Chapter Questions
Problem 84.1C
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