Calculate the account balances for the following accounts: Cash Dr. 500 800 8,920 5,355 10,435 Cr. 8,720
Question:
Calculate the account balances for the following accounts:
Transcribed Image Text:
Cash Dr. 500 800 8,920 5,355 10,435 Cr. 8,720 495 6,750 Service Revenue Dr. Cr. 9,500 3,200 4,500 1,050 Accounts Payable Dr. Cr. 1,720 6,740 495 2,500 6,750 Salaries Expense Dr. Cr. 4,550 550 3,750 425
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (8 reviews)
Dr Cash 500 800 8920 5355 10435 Sub 26010 Bal 100...View the full answer
Answered By
Muhammad Salman Alvi
Well, I am a student of Electrical Engineeing from Information Technology University of Punjab. Just getting into my final year. I have always been good at doing Mathematics, Physics, hardware and technical subjects. Teaching profession requires a alot of responsibilities and challenges.
My teaching experience started as an home tutor a year ago. When I started teaching mathematics and physic subjects to an O Level student. He was about 14 years old. His name was Ibrahim and I used to teach him for about 2 hours daily. Teaching him required a lot of patience but I had to be polite with him. I used to give him a 5 min break after 1 hour session. He was quite weak in basic maths and calculation. He used to do quite a lot of mistakes in his homework which I gave him weekly. So I decided to teach him basics from scratch. He used to say that he got the concept even if he didn't. So I had to ask him again and again. I worked on his basics for a month and after that I started taking a weekly test sesions. After few months he started to improve gradually. Now after teaching him for about a year I can proudly say that he has improved alot. The most important thing was he managed to communicate all the difficullties he was facing. He was quite capable and patient. I had a sincere desire to help him reach to its full potential. So I managed to do that. We had a very good honest relationship of a student and a teacher. I loved teaching him as a tutor. Now having an experience of one year teaching I can read students quite well. I look forward to work as an online tutor who could help students in solving their all sort of difficulties, problems and queries.
4.90+
29+ Reviews
43+ Question Solved
Related Book For
Accounting Principles Volume 1
ISBN: 9781119786818
9th Canadian Edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak
Question Posted:
Students also viewed these Business questions
-
The account balances for the Rogers International Company on January 31, 2016, follow. The balances shown are after the first month of operations. INSTRUCTIONS 1. Prepare the Trial Balance section of...
-
The account balances for the Thatcher International Company on January 31, 2013, follow. The balances shown are after the first month of operations. INSTRUCTIONS 1. Prepare the Trial Balance section...
-
Ocean Atlantic Co. is a merchandising business. The account balances for Ocean Atlantic Co. as of July 1, 2012 (unless otherwise indicated), are as follows: During July, the last month of the fiscal...
-
The 60-mm-diameter shaft rotates at 300 rev/min. This motion is caused by the unequal belt tensions on the pulley of 800 N and 450 N. Determine the power transmitted and the maximum shear stress...
-
If $100,000 of 8% bonds are issued (sold) for $95,000, was the market rate of interest at the time of issue higher or lower than 8%? What is the amount of the annual interest payments to be received...
-
The activity of moving materials uses four forklifts, each leased for $18,000 per year. A forklift is capable of making 5,000 moves per year, where a move is dened as a round trip from the plant to...
-
In problem, evaluate each expression using the graphs of y = f(x) and y = g(x) shown in the figure. (a) (g f)(1) (b) (g f)(5) (c) (f g)(0) (d) (f g)(2)
-
A Treasury bond futures contract has a settlement price of 8908. What is the implied annual yield?
-
Alado fis istirmerfs Tat likifond 205L [ridont inip lanod whadtinion? hingend is antan Qultit foer avdeed Divdasit errem yodichiders Etexlpoges Getmare nelp
-
Cherry Cotta makes custom ordered clay pots for residential gardens. Below is cost information regarding its latest job. a. Materials were purchased on account. $18,996 purchased b. A materials...
-
Grete Rodewald formed a dog grooming and training business called Grete Kanines on September 1, 2024. After consulting with a friend who had taken introductory accounting, Grete created a chart of...
-
ND Paint Designs began operations on April 1, 2024. The company completed the following transactions in its first month: Apr. 1 The owner, Nazim Dhaliwal, invested $12,800 cash in the company. 2...
-
Which of the following assertions concerning fraudulent financial reporting is inaccurate? (a) The two types of misstatements relevant to the auditors consideration of fraud are (i) misstatements...
-
See US Debt Clock and answer the following: (Hint: Take a screenshot of the Debt Clock) (2) A. What is the current US deficit and the total federal debt? (1) B What is the net interest...
-
GASB states that public colleges and universities are special purpose governmentsand therefore accountable to the citizenry (Hoyle, 2015). Furthermore, GASB found that for public colleges and...
-
You have recently been assigned to the production planning department within your company. Your firm makes large blades for power generation windmills. The windmills are mostly used in the western...
-
Jason Ready attended the University of Ohio from 2 0 1 9 to 2 0 2 3 under the Air Force ROTC program. Excluding the school expenses covered by his ROTC scholarship, he incurred additional school...
-
Questions Chap 1 1. Consider the following cases and decide whether criminal or civil proceedings would result, and make a note of the parties in the action. a) Ali is being prosecuted for careless...
-
The financial statements for Richardson Socks Company follow. Richardson Socks Company Consolidated Income Statement s (In thousands except per share data) Richardson Socks Company Consolidated...
-
A random sample of 10 houses heated with natural gas in a particular area, is selected, and the amount of gas (in therms) used during the month of January is determined for each house. The resulting...
-
On March 2, 2020, Zoe Moreau, Karen Krneta, and Veronica Visentin start a partnership to operate a personal coaching and lifestyle consulting practice for professional women. Zoe will focus on...
-
On February 14, 2020, Isabelle Moretti, Aida Kam, and Channade Fenandoe start a partnership to operate a marketing consulting practice. They sign a partnership agreement to split profits in a 2:3:4...
-
The shareholders equity section for Aritzia Inc. is shown in the consolidated statement of financial position in Appendix A. You will also find data related to this problem in the notes to the...
-
Accounting changes fall into one of three categories. Identify and explain these categories and give an example of each one.
-
Machinery is purchased on May 15, 2015 for $120,000 with a $10,000 salvage value and a five year life. The half year convention is followed. What method of depreciation will give the highest amount...
-
Flint Corporation was organized on January 1, 2020. It is authorized to issue 14,000 shares of 8%, $100 par value preferred stock, and 514,000 shares of no-par common stock with a stated value of $2...
Study smarter with the SolutionInn App