Exercise 02.15 – T-Accounts w/ Journal Entries
Financial Accounting
Spiceland, Thomas, and Herrman
05th Edition
Given a list of journal entries along with beginning balances… post each to a T-account.
Calculator Preview
Your numbers will vary.
Given a list of journal entries along with beginning balances… post each to a T-account.
Your numbers will vary.
Given a list of transactions… record each transaction, post each transaction to a T-account, and lastly use the T-account balances to create a trial balance.
Your numbers will vary.
Compute the plantwide predetermined overhead yearly rate.
Your numbers will vary.
Given the issue price, the bond percent, the years, and the bond price… record the interest payments, calculate the carrying value, determine the interest expense, and calculate the interest paid.
Your numbers will vary.
Given the retained earnings in two consecutive years along with net income… determine the amount of dividends declared.
Your numbers will vary.
What is total Manufacturing Cost and unit product cost?
Your numbers will vary.
What is the total manufacturing cost? What is the unit product cost if Job N-60 consists of 10 units?
Your numbers will vary.
Given information about the purchase, life, and depreciation of a building… record the depreciation on the building for two different years.
Your numbers will vary.
Given the cost of a truck, the years on the note, and the percent of the note… determine the accrued interest, the final payment, and the interest expense.
Your numbers will vary.
Compute predetermined overhead rate and total job cost for the company engagement.
Your numbers will vary.