E8-26B – Journalizing (Subscription)
Financial Accounting
Thomas, Tietz, and Harrison
12th Edition
Given the transactions for the subscriber – prepare the journal entries and the balance sheet.
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Given the transactions for the subscriber – prepare the journal entries and the balance sheet.
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Given the annual payroll, payroll tax expense, salaries owed, and payroll tax owed – prepare the income statement and balance sheet.
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Given the bonds payable, face value, and bonds issued – create the entries for the transactions.
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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.
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Given the information on the fleet of semi-trucks – determine the deferred tax liability and create the journal entry.
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Given the information on New Morning Bakery closing its operations… calculate accumulated depreciation, book value, the gain or loss on the sale, and then record the sale of the ovens.
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Given a chart showing account balances for two months along with additional information… prepare a T-account for cash, accounts receivable, and notes payable.
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Given the gross percent along with a table of service revenue and write-offs… make journal entries regarding the information.
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Given the price of equipment, useful life, and a chart showing the book value of plant assets at the end of the months.. complete a table calculating the book value of the equipment.
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Given an adjusted trial balance… determine the total current assets of the company.
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