A Company Purchased Supplies during the Year…
Financial Accounting
Thomas, Tietz, and Harrison
12th Edition
Which of the following amounts was the Supplies account beginning balance?
Which of the following amounts was the Supplies account beginning balance?
Asks what prepaid expenses are.
Asks what is kind of contra account is Accumulated Depreciation
Given balance sheet accounts… calculate the missing amounts.
Your numbers will vary.
Analyze transactions and indicate an increase or decrease in the accounting equation for providing services to customers, receive cash from customers, purchase bike equipment by signing a note, and pay utilities.
Your numbers will vary.
Given transactions (truck, supplies, rent)… record each.
Your numbers will vary.
Given a list of transactions… record each. (Music lessons, insurance, equipment, Note, etc.)
Your numbers will vary.
Given a trial balance with incorrect inputs… use that information to prepare a properly formatted trial balance.
Your numbers will vary.
Given a list of transactions and beginning balances they ask you to post each of the transactions to T-accounts.
Your numbers will vary.
Prepare journal entries for each of the transactions: fire insurance, lend CFO money, note, purchase equipment.
Your numbers will vary.