Question
Documents receivable and payable The following are the initial balances of a Company of April 20, 2019. Cash $ 8,000, tools $ 23,000, Accumulated earnings
Documents receivable and payable The following are the initial balances of a Company of April 20, 2019. Cash $ 8,000, tools $ 23,000, Accumulated earnings $ 8,000, Office $ 37,000, accumulated depreciation $ 7,000, social capital? Please account for opening balances and subsequent transactions and balance the fundamental equation. Calculate the profit before taxes 1. Buys land for $ 60,000 and signs a 2-month document with an interest of 1.5% per month. The interest is going to be paid in advance. Cause 1 month of interest 2. $ 12,000 is paid for advertising services that cover 5 months. This has been a month 3. Receive $ 50,000 for services they will lend the next month. 4. Depreciation of the month is $ 50 5. Applies for a loan to the bank for $ 40,000 and signs a 120-day payment with an interest of 9% bimonthly. 6. She paid $ 2,500 for the Bogot loan. Causes 23 days of interest on the Bank loan 7. Lends $ 7,000 in cash to a company and receives a 90-day letter with 6% interest. Interest is to be received in advance. Cause 1 month of interest. 8. Services are sold for $ 45,000 receiving a document in 10 days and with an interest of 8%. 9 days have passed from this. 9. Tools used in the period are equivalent to $ 11,000
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