E8-18A & 28B – Electronics
Financial Accounting
Thomas, Tietz, and Harrison
12th Edition
Given the complete transactions – create a balance sheet.
Given the complete transactions – create a balance sheet.
Given the comparative income statements and balance sheets – find the accounts payable turnover and DPO, and if the liquidity position improved or hurt the company during year two.
Given the purchased truck cost and note payable – find the interest expense, final payment, and interest expense report.
Given the transactions for the subscriber – prepare the journal entries and the balance sheet.
Given the annual payroll, payroll tax expense, salaries owed, and payroll tax owed – prepare the income statement and balance sheet.
Given the bonds payable, face value, and bonds issued – create the entries for the transactions.
Given the debenture bonds outstanding, the value, and what the bonds were issued at – find the cash received at bond issuance, cash paid back at maturity, annual interest total, and straight-line interest total.
Given the information on the fleet of semi-trucks – determine the deferred tax liability and create the journal entry.
Given the beginning accounts receivable balance, the service revenue, and the ending accounts receivable balance… determine the cash collected during the year.
Given the amount a business paid on account… determine what would be included in the journal entry.