Exercise 09.11 – White Water
Financial Accounting
Spiceland, Thomas, and Herrman
05th Edition and 06th Edition
Complete the first three rows of an amortization, record bond issue and first two interest payments.
Complete the first three rows of an amortization, record bond issue and first two interest payments.
Complete the first three rows of an amortization schedule, and record the bond issue and the first two semiannual interest payments.
Record all stock transactions and indicate if increase or decrease.
Using the indirect method, prepare the statement of cash flows.
Prepare the statement of cash flows using the indirect method.
(7 Part) Given the account balances and transactions… record each transaction, record adjusting entries, prepare a trial balance, prepare an income statement, prepare a balance sheet, record closing entries, and analyze financial ratios.
(11 Part) Given account balances along with transactions for the year… set up T-accounts, record the transactions, prepare an unadjusted trial balance, record adjusting entries, post adjustments, prepare an adjusted trial balance, prepare an income statement, prepare a balance sheet, record closing entries, post closings, and lastly prepare a post-closing trial balance.
Given a list of transactions… record each along with determining the impact on the accounting equation.
Prepare all 4 financial statements.
Given cash records and bank statements along with additional information… prepare a bank reconciliation while also recording necessary adjustments.