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Could someone please help with these accounting problems within the next 3 hours? 1) The following is the Alpha Dog Company adjusted Trial Balance. Alpha

Could someone please help with these accounting problems within the next 3 hours?

image text in transcribed 1) The following is the Alpha Dog Company adjusted Trial Balance. Alpha Dog Company Adjusted Trial Balance December 31, 2016 Account Title Debit Cash $88,450 Accounts Receivable 157,700 Supplies 35,255 Stock Investment 158,250 Equipment 295,285 Credit Accumulated Depreciation $235,260 Accounts Payable 72,555 Wages Payable 10,000 Capital Stock 220,000 Retained Earnings 111,145 Service Revenue 897,105 Interest Income 1,500 Rent Expense 63,250 Wages Expense 537,260 Supplies Expense 42,520 Depreciation Expense 163,595 Dividends 6,000 ________ $1,547,565 $1,547,565 Totals Prepare only the Asset section of the Classified Balance Sheet for the year end. Be sure to use a good format, dollar signs and single underlines were required. There are a few extra lines in the formatted input answer form to allow for acceptable balance sheet format variations. 2) The following is a partial Adjusted Trial Balance for Alpha Company for the month: Alpha Company Adjusted Trial Balance (partial) January 31, 2016 Accounts Debit Inventory $2,750 Sales Credit $10,000 Sales Discounts 200 Sales Returns & Allowances 1,200 Purchases 4,000 Purchases Discounts 150 Purchase Returns & Allowances 450 Freight In 50 Advertising Expense 150 Depreciation Expense 130 Freight Out 70 Income Tax Expense 500 Salaries Expense 500 Utilities Expense 100 Additionally, Inventory for December 31, 2015 was $2,500. Prepare a partial multiple-step income statement that includes the Sales, Cost of Goods Sold sections & gross profit. 3) Alpha Company uses the periodic inventory system for purchase & sales of merchandise. Discount terms for both purchases & sales are, 2/10, n30 and the gross method is used. Unless otherwise noted, FOB Destination will apply to all purchases & sales. The value of inventory is based on periodic system. On January 1, 2016, beginning inventory consisted of 325 units of widgets costing $10 each. Alpha prepares monthly income statements. The following events occurred during the month of Jan.: a. Date Activity Jan. 3 Purchased on account 350 widgets for $11 each. b. Jan. 5 Sold on account 425 widgets for $30 each. Paid freight out with petty cash of $150. c. Jan. 10 Purchased on account 600 widgets for $12 each. d. Jan. 11 Shipping cost for the January 10 purchased merchandise was $400 was paid with a cheque by Alpha directly to the freight company. e. Jan. 12 Returned 25 widgets received from Jan. 10 purchase as they were not the correct item ordered. f. Jan. 13 Paid for the purchases made on Jan. 3. g. Jan. 21 Sold on account 550 widgets for $30 each. Paid freight out with petty cash of $250. h. Jan. 22 Authorize credit without return of goods for 50 widgets sold on Jan. 21 when customer advised that they were received in defective condition. i. Jan. 25 Received payment for the sale made on Jan. 5. j. Jan. 26 Paid for the purchases made on Jan. 10. k. Jan. 31 Received payment for the sale made on Jan. 21. Use this information to prepare the General Journal entries (without explanation) for the January events. If no entry is required then enter the date and write "No Entry Required." 4) The following is the Bravo Unlimited adjusted Trial Balance. Bravo Unlimited Adjusted Trial Balance December 31, 2016 Account Title Debit Cash $88,450 Accounts Receivable 331,860 Supplies 11,255 Prepaid Rent 5,500 Equipment 295,285 Credit Accumulated Depreciation $236,260 Accounts Payable 72,555 Wages Payable 10,000 Capital Stock 220,000 Retained Earnings 111,145 Service Revenue 898,105 Interest Income 1,500 Rent Expense 66,000 Wages Expense 537,260 Supplies Expense 42,520 Depreciation Expense 164,595 Dividends 6,840 ________ $1,549,565 $1,549,565 Totals What are the dollar values that will appear in Bravo Unlimited year end financial statements for the following line items: (For any Net Loss the dollar value must be enclosed in brackets and do not use a minus sign.) 1. Total Current Assets 2. Total Quick Assets 3. Total Current Liabilities 4. Net Income or (Net Loss) 5. Retain Earnings 5) Alpha Company uses the periodic inventory system for purchase & sales of merchandise. The value of inventory is based on periodic system. On January 1, 2016, beginning inventory consisted of 400 units of widgets costing $10 each. Alpha prepares monthly income statements. The following events occurred during the month of Jan.: Date Activity a. Jan. 3 Purchased on account 350 widgets for $11 each. b. Jan. 5 Sold on account 500 widgets for $30 each. c. Jan. 10 Purchased on account 650 widgets for $12 each. d. Jan. 12 Returned 50 widgets received from Jan. 10 purchase. e. Jan. 13 Paid for the purchases made on Jan. 3. f. Jan. 21 Sold on account 550 widgets for $30 each. g. Jan. 25 Received payment for the sale made on Jan. 5. h. Jan. 26 Paid for the purchases made on Jan. 10. i. Jan. 31 Received payment for the sale made on Jan. 21. Using the LIFO method, determine the dollar values following for the month of January: 1. Ending Inventory 2. Cost of Goods Available for Sale 3. Cost of Goods Sold 6) Alpha Company uses the periodic inventory system for purchase & sales of merchandise. The value of inventory is based on periodic system. On January 1, 2016, beginning inventory consisted of 400 units of widgets costing $10 each. Alpha prepares monthly income statements. The following events occurred during the month of Jan.: Date Activity a. Jan. 3 Purchased on account 350 widgets for $11 each. b. Jan. 5 Sold on account 500 widgets for $30 each. c. Jan. 10 Purchased on account 650 widgets for $12 each. d. Jan. 12 Returned 50 widgets received from Jan. 10 purchase. e. Jan. 13 Paid for the purchases made on Jan. 3. f. Jan. 21 Sold on account 550 widgets for $30 each. g. Jan. 25 Received payment for the sale made on Jan. 5. h. Jan. 26 Paid for the purchases made on Jan. 10. i. Jan. 31 Received payment for the sale made on Jan. 21. Using the FIFO method, determine the dollar values following for the month of January: 1. Ending Inventory 2. Cost of Goods Available for Sale 3. Cost of Goods Sold 7) Alpha Company uses the periodic inventory system for purchase & sales of merchandise. The value of inventory is based on periodic system. On January 1, 2016, beginning inventory consisted of 325 units of widgets costing $10 each. Alpha prepares monthly income statements. The following events occurred during the month of Jan.: Date Activity a. Jan. 3 Purchased on account 350 widgets for $11 each. b. Jan. 5 Sold on account 425 widgets for $30 each. c. Jan. 10 Purchased on account 600 widgets for $12 each. d. Jan. 12 Returned 25 widgets received from Jan. 10 purchase. e. Jan. 13 Paid for the purchases made on Jan. 3. f. Jan. 21 Sold on account 550 widgets for $30 each. g. Jan. 25 Received payment for the sale made on Jan. 5. h. Jan. 26 Paid for the purchases made on Jan. 10. i. Jan. 31 Received payment for the sale made on Jan. 21. Using the Weighted Average method, determine the dollar values following for the month of January: (Enter only whole dollar values.) 1. Ending Inventory 2. Cost of Goods Available for Sale 3. Cost of Goods Sold

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