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Business transactions completed by Hannah Venedict during the month of September are as follows. Using the following transactions, record joumal entries, create financial statements, and

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Business transactions completed by Hannah Venedict during the month of September are as follows. Using the following transactions, record joumal entries, create financial statements, and assess the impact of each transaction on the financial statements. Septenber 1 Venedict invested $68,000 cash along with office equipent valued at $25, 300 in a need sole proprietorship naned in Consulting- Septenber 3 The company purchased land valued at $40,000 and a building valued at $160,600. The purchase is paid with $30,689 cash and a long-tere note payable for $170,000. September 5 The coppary purchased $2,000 of office supplies on credit. September 7 Venedict invested her personal autcenobile in the corpany. The autonobile has a value of $16, see and is to be used exclusively in the business. September 9 The company purchased $5,600 of additional office equiprent on credit. Septenber 11 . The company paid $1,890 cash salary to an assistant. Septenber 13 The company provided services to a client and collected $8,000 cash. Septenber 15 The company padd $635 cash for this month's utilities. September 17 The conpany paid $2,000 cash to settle the account payable created on Septenber 5. September 19 The conpany purchased $20,300 of new office equipent by paying $20,30e cash. Septenber 21 . The company conpleted $6,250 of services for a client, who rust pay within 30 days. Septenber 23 The coepany paid $1,800 cash salary to an assistant. Septeeber 25 The conpany recelved $4,090 cash in partial paynent on the receivable created on Septeober 21. Septerben 27 Venedict withdrev $2,800 cash fron the company for personal use. General Journal Tab - For each transaction, prepare the required journal entry on the General Journal tib. List debits before credits. Fach journal entry is automatically posted to the General Lediger. General Ledger Tab. To see the detail of all transactions that affect a specific account, or the balance in an account at a specific point in bime, deck on the General Ledger tab. Abnormal balances appear in parentherses. CHick on any arnount to September 25 The conpany received $4,609 cash in partial payment on the receivable created on Septentier 21. Septenber 27 Venedict withdrew $2,800 cash from the company for personal use, General Journal Tab - For each transaction, prepare the required journal entry on the General Journal tab. List debits before credits. Each journal entry is automatically posted to the General Ledger. General Ledger Tab - To see the detail of all transactions that affect a specific account, or the balance in an account at a specific point in time, dick on the General Ledger tab. Abnormal balances appear in parentheses. Click on any amount to see the underlying journal entry. Trial Balance Tab - A trial balance lists each account from the General Ledger, along with its balance, either a debit or a credit. Total debits should always equal total credits. If your trial balance doesn't balance, review your journal entries on the general journal tab. Income Statement Tab - Using the dropdown buttons, select the financial statement elements and account titles to be included on the income statement. The account balances will automatically populate. Statement of Owner's Equity Tab - Using the dropdown buttons, select the item that accurately describes the values that either increase or decrease the owner's capital balance. Balance Sheet Tab - Using the dropdown buttons, select the financial statement elements and account titles to be included on the balance sheet. The account balances will automatically populate. Impact on Equity Tab - Using the dropdown buttons, indicate the impact each item has on total equity. Compare the total with the amount of equity reported on the balance sheet. September 27 Venedict withdrow $2,800 cash from the conpany for personal use. Using the dropdown buttons, select the financial statement elements and account titles to be included on the incorne statement. The account balances will automatically populate. Using the dropdown buttons, select the item that accurately deseribes the values that either increase or decrease the owner's capital balance. Using the dropdown buttons, select the finarial statement elements and account titles to be included on the belanoe sheet. The account balances will automatically populate

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