Selected accounts Tabor Company are shown below. Instructions After analyzing the accounts, journalize (a) The July transactions
Question:
Instructions
After analyzing the accounts, journalize
(a) The July transactions
(b) The adjusting entries that were made on July31.
Transcribed Image Text:
Supplies Expense 7/31 800 Supplies Salaries Payable 7/1 Bal 7/10 1.100 7/31 800 7/31 1.200 400 Accounts Receivable Unearned Revenue 7/31 7/31 900 7/1 Bal 1.500 1.000 500 7/20 Salaries Expense Service Revenue 7/15 7/31 1.200 1.200 7/14 7/31 7/31 2.000 900 500
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (18 reviews)
a July 10 Supplies 400 Cash 400 14 Cash 2000 Service Revenue 2000 15 Salarie...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Financial accounting
ISBN: 978-1118285909
IFRS Edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel
Question Posted:
Students also viewed these Accounting questions
-
Selected accounts of Tabor Company are shown below. InstructionsAfter analyzing the accounts, journalize (a) The July transactions and (b) The adjusting entries that were made on July31. Supplies...
-
Selected accounts of Tabor Company are shown below. InstructionsAfter analyzing the accounts, journalize (a) The July transactions and (b) The adjusting entries that were made on July31. Supplies...
-
Selected accounts of Koffman Company are shown below and on the next page. Instructions After analyzing the accounts, journalize (a) The July transactions (b) The adjusting entries that were made on...
-
4. In cells B4:B15, type a yearly salary for each staff member. Format these values as Currency with no decimal places. 5. Calculate the new salary with a 10% increase in column C. 6. Calculate the...
-
What is the meaning of the term busy waiting? What other kinds of waiting are there in an operating system? Can busy waiting be avoided altogether? Explain your answer.
-
7. Before adjusting entries were made at December 31, 20X9, Jason Designs, Inc. had an accounts receivable balance of $990,000 and a credit balance in allowance for uncollectible accounts of $4,075....
-
Identify housing alternatives, assess the rental option, and perform a rent-or-buy analysis. lo1
-
Using Excel Bishop Company has provided the estimated data that appear in rows 4 to 8 of the following spreadsheet Required Construct a spreadsheet as follows that would allow you to determine net...
-
Sunland Industries had the following inventory transactions \ table [ [ , , Units,Cost / unit ] , [ Feb . 1 , 2 0 2 5 , Purchase, 1 2 1 , $ 5 0
-
Archipelago Smiths bank account reflecting the transactions for the financial year ended December 31, 2014, is reported below. He has lost his financial statements in a flood and is asking his newly...
-
Natal Co. was organized on April 1, 2011. The company prepares quarterly financial statements. The adjusted trial balance amounts at June 30 are shown below. (a) Determine the net income for the...
-
Shenzhen Co. uses the percentage-of-receivables basis to record bad debts expense. It estimates that 1% of accounts receivable will become uncollectible. Accounts receivable are Y450,000 at the end...
-
Research being conducted for the first time is called ____ research.
-
You want to retire after working 35 years with savings in excess of $1,100,000. You expect to save $3,300 a year for 35 years and earn an annual rate of Interest of 11%. (Round your answer to 2...
-
FOLLOW ALL INSTRUCTIONS AND GENERATE YOUR CODE AFTER READING THE JUNIT TESTS, THAT IS ALL THE METHODS AND CONSTRUCTORS YOU USE SHOULD BE BASED ON THE JUNIT TESTS PROVIDED. I HAVE ATTATCHED THE JAVA...
-
Are some values in the class data grossly different from all the others? If so, check for errors in calculation or procedure that would allow to objectively eliminate the data. 2. Do the range values...
-
An aging analysis of Uli Limited's accounts receivable at December 3 1 , 2 0 2 4 and 2 0 2 3 , showed the following: Number of Days Outstanding Accounts Receivable Estimated Percentage Uncollectible...
-
(Linear momentum) Two jets of liquid, one with specific gravity 1.00 and the other with specific gravity 1.33, collide and form one homogeneous jet as shown in the figure below. Determine (a) the...
-
The following transactions were completed by Michura Inc., whose fiscal year is the calendar year: {Instructions} 1. Journalize the entries to record the foregoing transactions. 2. Indicate the...
-
The following cost information was provided to you for analysis: September 12,000 Units Produced Costs: TIC TAC TOE TING August 10,000 P80,000 70.000 60.000 50,000 How much is the fixed cost per...
-
From the inventory perspective, what is the advantage of producing goods as customer orders are received?
-
Some of the largest business frauds ever perpetrated have involved the misstatement of inventory. Two classics were at Leslie Fay Cos, and McKesson Corporation. Instructions There is considerable...
-
(a) What is the primary source document for recording (1) Cash sales and (2) Credit sales? (b) Using XXs for amounts, give the journal entry for each of the transactions in part (a), assuming...
-
A credit sale is made on July 10 for $900, terms 1/15, n/30. On July 12, the purchaser returns $100 of goods for credit. Give the journal entry on July 19 to record the receipt of the balance due...
-
Estimate the intrinsic value of the stock company ABC. Dividends were just paid at $8 per share and are expected to grow by 5%. You require 20% on this stock given its volatile characteristics. If...
-
Crane, Inc., a resort management company, is refurbishing one of its hotels at a cost of $6,794,207. Management expects that this will lead to additional cash flows of $1,560,000 for the next six...
-
Match each of the following transactions with the applicable internal control principle that is being violated
Study smarter with the SolutionInn App