P8-44A & 48B – Experienced Events (Marine)
Financial Accounting
Thomas, Tietz, and Harrison
12th Edition
Given the experienced events – find the account and amount that is a current liability.
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Given the experienced events – find the account and amount that is a current liability.
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Given the information on the music company for two years – prepare the journal entries.
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Given the adjusted trial balance amounts – prepare the current liability section.
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Given select financial data… prepare an income statement, statement of stockholders’ equity, and a balance sheet.
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Given a list of activities… indicate the impact on the accounting equation.
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(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.
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Given net sales along with beginning and ending accounts receivable… calculate receivables turnover ratio and average collection period.
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Given amounts of expenses and revenues… prepare an income statement, statement of stockholders’ equity, and a balance sheet for the company.
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Given a balance sheet, income statement, and statement of stockholders’ equity… fill in the missing information.
Given an income statement, balance sheet, and statement of stockholders’ equity with missing numbers… fill in the rest of the sheets.