E 2.11 – Mazzanti Wholesale Food Company
Intermediate Accounting
Spiceland, Nelson, and Thomas
10th Edition
Asks to make year-end adjusting entries (life insurance, loan, rent, depreciation, salaries)
Calculator Preview
Your numbers will vary.
Asks to make year-end adjusting entries (life insurance, loan, rent, depreciation, salaries)
Your numbers will vary.
Asks you to prepare closing entries.
Your numbers will vary.
Find the cost of supplies, adjusting entry for insurance, accrued salaries, and rent revenue.
Your numbers will vary.
Asks to record each transaction in the general journal and any adjusting entries at the year-end. (Note, insurance, supplies, notes receivable)
Your numbers will vary.
They give you a bank loan, cash paid and collected and ask you to make an accrual basis income statement
Your numbers will vary.
They give you collections, expenses, and increases and decreases in various accounts and ask you to fill out a grid and for accrual basis net income.
Your numbers will vary.
Asks how to state accounting equation
Asks where to classify issuing common stock on a cash flow statement.
Asks how to record incurring an expense.
Asks what is the general ledger accounts and the balances