Act Hw

Chapter 3 3.1A 1. Journalize transactions 2. Post transaction selective information to the ledger 3. civilize a sack balance 4. Make end of expiration adjustments 5. Prepare an adjusted turn on advance balance 6. Prepare pecuniary statements 7. Journalize and post the closing entries 8. Prepare an subsequently closing attempt balance 3.1B Information produced through the account statement hertz is used by companys management and employees to get accountability for the summations and/or transactions under an individuals control, retentiveness queer of routine argumentation activities, obtaining detailed information nigh a particular transaction, evaluating aptitude and performance of various departments at heart the organization, maintaining documentary film separate of the companys duty activities, and help stir decisions. 3.3A Jan 18 capital30,000 great(p) Stock30,000 Issued capital stock Jan 22 Cash20,000 Notes due20,000 For borrowing 20,000 from brink via notes Jan 23 Radio Ad cost100 Cash100 For gainful radio advertisement Jan 25 Cash1000 operate taxation1000 taxation for provided helpings to client in convert for cash Jan 26 Accounts Receivable2000 Services Revenue2000 Provided service to client in exchange for cash Jan 31 Cash800 Accounts Receivable800 3.

3B Cash| account| Credit|  Jan 18: 30,000Jan 22: 20,000Jan 25: 1,000Jan 31: 800 51,800|  Jan 23: 100| remainder:51800-100=51700 (Debit) 3.5 RE=NI-D; NI=R-E; REprev+NI-DIV=Renew NI=100,000-60,000=40,000 D=5000 75000+40000-5000=110,000 Chapter 4 4.3 3/31 Shown work Supplies600 Cash600 correspond supplies=900+600=1500 Used 400; 1500-400=1100 (supplies on hand) Supplies Expense1100 Supplies on hand1100 4.4 A Dep life=8 yrs Dep per period=cost of asset/est useful life=72000/8 yrs=9000* (1 yr/12 mo)=$750/mo downslope 31, 2011 depreciation Expense750 Accum depreciation750 Recording Depreciation expense for Dec 4.4B. Jan 2-Dec 31=6 years (Jan 06-Jan 11)...If you want to get a full essay, order it on our website: Ordercustompaper.com

If you want to get a full essay, wisit our page: write my paper