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Che Comores Problem - 1 100 3 The balance of Patio Security Services, Incorporates of the followme Cau Petty car 193.00 Accounts receivable 100 Allowance

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Che Comores Problem - 1 100 3 The balance of Patio Security Services, Incorporates of the followme Cau Petty car 193.00 Accounts receivable 100 Allowance for ou ORTE 22.5 Supoli 1.334 Pre rent 250 Merchandise Inventory (2051 3. Land 3,1 Salaries payable 3.000 Common stock 2.100 Pined camin 58, During War, Paco Security Services experienced the following con 1. Paid the res payable from Year chased equipment and for sumum of $36.000 cash any 2. Your The 10.000 and the van was appraised for $30.000 3. Paid $9.000 on May 1, for one years office rentinovance 4. Purchased $100 of supplies on account 5. Purchased 120armsystems taco f $200 each Pad cash or purchase 6. After merous hemos to come from customers with 52350 fun colectie accounts 7. Sold 11 warm systems for each ses were on CO. Record the cost of goods soldated to the worm Eventing the mos 9. fed 86.000 of monitoring services for the yeat. Crede de noted to $3.000and the card company charpes 4 percent fee. The remaining 10.000 were cont Reclerched the petty cashford on 30 the fundad 512 receptor 45 for your own. $28 and 11 oricos en Conected the amount from the cred card company 2. Paidates and other analyses of 152.000 cash for Collected Sh.500 of accounts relate during the years 4. Pala 500 of attivering expence during the year 5 Paid $6.800 ose pense for the year 6. So the land, which was purchased in 20 for $2.000 Paid the payable Pind of $10.000 to the wholders Moments Het of us werd med PRINSING JUHUSU The fund had $12 cash and receipts of $45 for yard mowing 528 force suples expense, and it for miscellaneous expenses 11. Collected the amount due from the credit card company 2. Paid installers and other employees a total of $52.000 cash for salaries 3. Collected $115,500 of accounts receivable during the year 4. Paid $12.500 of advertising expense during the year 5. Paid $6.800 of utilities expense for the year 6. Sold the land, which was purchased in 2011 for $12.000 17. Pald the accounts payable 8. Paid a dividend of $10,000 to the shareholders. 100 points 02:0722 ook Adjustments 19. Determined that $180 of supplies were on hand at the end of the year to. Recognized the expired rent for both the old van and the office building for the year. The lease on the van was not renewed. Rent paid on March 1 Year 7. for the van was $4,800. 21. Recognized uncollectible accounts expense for the year using the allowance method. Pacito estimates that percent of sales on account will not be collected 12. Recognized depreciation expense on the equipment and the van. The equipment has a five year ife and a $2,000 salvage value The von has a four-year life and a $6,000 salvage value. The company uses double-declining balance for the won and straight line for the equipment 13. Accrued salaries at December 31 Year 8, were $1.500 Print Heerence al Balance Statement Requirement General General Income changes in Balance Statement Journal Ledger SE Sheet of CF Anal Indicate whether the transaction increases (+), decreases (-), or increases and decreases (+-) for each element of the financial statemem Ano in the Cash Flow column, use the letters of to designate operating activity, IA for investing activity, PA for financing activity. The first transaction is recorded as an example Pacile Security Services, Incorporated Effect of Transactions on Financial Statements. Year Balance Sheet Income Statement Statement of Net Stockholdene Liabilities Revenue - Expenses nome Equity Transaction Anita OA C Comprehensive Problem Hele em the enterte operating city for investing ty, turning activity. The first resu 1 Balance sheet Black ch 100 co OA 2 3 10 11 14 1 17 20 21 22 20 BO

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