Can teach me to do this problem
Company Info 1) The company Handsome Ben Makeup Company has Dec 31 2010 year end. 21 The company paid $36.000 for insurance and have unused of $4.000 on Dec 2011 3) The company paid $20.000 for rent and have used 511.000 on Dec 31 2018 4) The company purchased an equipment 2 years ago at a cost of $65.000. The salvage remaining value of equipment is $3.000 at the end of the useful life. On Dec 31 2018 (alteady included depreciation of the year, the accumulated deprecation of the equipment is 87,780. Using trainine depreciation method Thechending once a year end is 31487 The company has a promissory note (an) of $17.000 to lend to its employee employee bonded which we pay back next year. 1) The company has bontowed 55.000 from ABC company as promissory note ca toan) and will need to pay back next year. 2018 year end, the company will have an account pytle of $22.000 In 2019, he company purchased more products and had addition 22.000 account payable 103 At the end of 2010, the company in haant pay their employee for 53,000 The company totale revenue $210.000 rich 564.000 was case 12 The company 23,000 en met 130 The company mocy in the former deposit and awesome 17.000 The company as an interest expense from nepromisory note (a) o 8.000 A customer came and paid 1700 tandsome Ben Mhes Company and Bento her to do mikeperty inter wedding The company has mortuod shares to 18 of 2,000,000 and outstanding shares of 1,000,000 win capital socket $15.000 17) The beginning in a $45.000 58) Company policy is to capture asset for at over $10,000 & using in deprecation method for apreciate A3 Required a) Prepare closing the count only valueded) Dr. by Prepare Journal Entry for Point 15 above DI c) Prepare Journal Entry for Point 2 bove d. Prepare Journal Eray for precision bopet u pubert? De What is the use of the equipment years AW Company Info 1) The company Handsome Ben Makeup Company has Dec 31 2010 year end. 21 The company paid $36.000 for insurance and have unused of $4.000 on Dec 2011 3) The company paid $20.000 for rent and have used 511.000 on Dec 31 2018 4) The company purchased an equipment 2 years ago at a cost of $65.000. The salvage remaining value of equipment is $3.000 at the end of the useful life. On Dec 31 2018 (alteady included depreciation of the year, the accumulated deprecation of the equipment is 87,780. Using trainine depreciation method Thechending once a year end is 31487 The company has a promissory note (an) of $17.000 to lend to its employee employee bonded which we pay back next year. 1) The company has bontowed 55.000 from ABC company as promissory note ca toan) and will need to pay back next year. 2018 year end, the company will have an account pytle of $22.000 In 2019, he company purchased more products and had addition 22.000 account payable 103 At the end of 2010, the company in haant pay their employee for 53,000 The company totale revenue $210.000 rich 564.000 was case 12 The company 23,000 en met 130 The company mocy in the former deposit and awesome 17.000 The company as an interest expense from nepromisory note (a) o 8.000 A customer came and paid 1700 tandsome Ben Mhes Company and Bento her to do mikeperty inter wedding The company has mortuod shares to 18 of 2,000,000 and outstanding shares of 1,000,000 win capital socket $15.000 17) The beginning in a $45.000 58) Company policy is to capture asset for at over $10,000 & using in deprecation method for apreciate A3 Required a) Prepare closing the count only valueded) Dr. by Prepare Journal Entry for Point 15 above DI c) Prepare Journal Entry for Point 2 bove d. Prepare Journal Eray for precision bopet u pubert? De What is the use of the equipment years AW
