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- dex.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 >Journalize this transaction: Paid $320 to Ameren for the monthly bill. Edit View Insert Format Tools Table 12pt v Paragraph v В I U MacBook Pro Oine Fi En ACCT 101 Onre le Oa01 for Ais eet # $ % & 3.ezto.mheducation.com/ext/map/index.html?_con=con&external_browser%3D0&launchUrl=https%253A%252F%252Fblackboard.waketech.edu%252Fwebapps%252Fportal%252Fframeset.jsp%25 Prepare a December 31, 2020, balance sheet for Long Print Shop from the following: cash, $41,100; accounts payable, $29,100%; merchandise inventory, $15,100; Joe Ryan, capital, $48,200; and equipment, $21,100. LONG PRINT SHOP Balance Sheet December 31, 2020 Assets Liabilities ces Owner's Equity Total assets Total liabilities and owner's equity acer Σ
- 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 journalA CengageNOWv2 | Online teaching and learning resource from Cengage. eBook Revenue Recognition Principle Heartstrings Gift Shoppe sells an assortment of gifts for any occaslon. During October, Heartstrings started a Gift-of-the-Month program. Under the terms of this program, beginning in the month of the sale, Heartstrings would select and deliver a random gift each month, over the next 12 months, to the person the customer selects as a recipient. During October, Heartstrings sold 20 of these packages for a total of $10,956 in cash. Required: For the month of October, calculate the amount of revenue that Heartstrings will recognize. 10,956 X Feedback Check My Work Apply the revenue recognition principle, which states that revenue is recognized when earned and the collection of cash is reasonably assured. Previous Next Check My Work Suhmit Assignment for Grading Couo and ExitX Connect ezto.mheducation.com/ext/map/index.html?_con=con&external_browser%3D0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activit er 7 homework i Saved Help company's year-end balance in accounts receivable is $2,000,000. The allowance for uncollectible accounts had a beginning-of- year credit balance of $30,000. An aging of accounts receivable at the end of the year indicates a required allowance of $38,000. If bad debt expense for the year was $40,000, what was the amount of bad debts written off during the year? Bad debts written off ed ok t nces
- An involce for $10,000 dated September 10 with terms 3/10, 12/20, n/30, EOM is recelved in the mail on September 25. A payment of $4000 is sent on October 11. What is the outstanding balance? Multiple Choice $5940.00 $5939.09 $6000.00 $5920.00 $5918.37&external_browser%3D0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-group ter 8 homework i Saved Help Save & Exit Sub Check my wor Samuelson and Messenger (SAM) began 2021 with 200 units of its one product. These units were purchased near the end of 2020 for $25 each. During the month of January, 100 units were purchased on January 8 for $28 each and another 200 units were purchased on January 19 for $30 each. Sales of 125 units and 100 units were made on January 10 and January 25, respectively. There were 275 units on hand at the end of the month. SAM uses a periodic inventory system. Required: 1. Calculate ending inventory and cost of goods sold for January using FIFO. 2. Calculate ending inventory and cost of goods sold for January using average cost. oped Complete this question by entering your answers in the tabs below. ook Required 1 Required 2 rint Calculate ending inventory and cost of goods sold for January using FIFO. rences Cost of Goods…Connect ezto.mheducation.com/ext/map/index.html?_con3Dcon&external_browser=D0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-group/.. ☆ er 8 homework G Saved Help Save & Exit Submit Check my work Samuelson and Messenger (SAM) began 2021 with 200 units of its one product. These units were purchased near the end of 2020 for $25 each. During the month of January, 100 units were purchased on January 8 for $28 each and another 200 units were purchased on January 19 for $30 each. Sales of 125 units and 100 units were made on January 10 and January 25, respectively. There were 275 units on hand at the end of the month. SAM uses a perpetual inventory system. Required: 1. Complete the below table to calculate ending inventory and cost of goods sold for January using FIFO. 2. Complete the below table to calculate ending inventory and cost of goods sold for January using average cost. ok Complete this question by entering your answers in the tabs below. nt…
- Solve for the amount of discount and amount due.Invoice amt: $533.75Invoice date: Mar 7Terms: 2/10 - 20xGoods rec'd: Mar 9Date paid: Apr 6New Store has the following information at August 31: attached in ss below thanks for help hwrphwtphtowh wOlde Shoppe has the following information at August 31: attached in ss below thanks for hleph hp3oj3o6 j363