- Find the vertical analysis, horizontal analysis, accounts receivable turnover, inventory turnover, current asset turnover, segment, inventory turnover, and days sales in receivable analysis. Give interpretations of all the analysis as well.
Date oct P/R CR 1 CP 1 cr1 Debit Credit 55000 310 55000 121 20000 20000 23000 410 23000 510 11000 112 11000 120 800 CP 1 800 531 Description 1 Cash Capital, Rizwan Ahmed 1 merchandising inventory- Cash 1 cash sales cost of merchandise sold Merchandise Inventory 2 Office Equipment Cash 2 Rent Expense Prepaid Rent Cash 2 Computer Supplies cash 2 Accounts Receivable, Mahmood Sons. sales cost of merchandise sold Merchandise Inventory 2 cash sales cost of merchandise sold Merchandise Inventory 35000 1000 Cp1 36000 113 1420 cp1 1420 1400 1400 510 950 112 950 cr1 15000 410 15000 510 11000 112 11000 533 805 Cp 1 805 522 1940 1940 Cp 1 cr1 10000 410 10000 510 6500 6500 112 112 13000 3 miscellenous Expense Cash 3 Advertising Expense Cash 3 cash sales cost of merchandise sold Merchandise Inventory 3 merchandising inventory- cash 4 cash sales cost of merchandise sold Merchandise Inventory 5 merchandising inventory- cash 5 Salary Expense Cash 13000 cp1 cr1 8800 410 8800 510 5500 5500 112 112 15000 cp1 15000 530 875 Cp 1 875 11750 410 11750 9000 510 112) 9000 CR 1 18300 18300 410 510 11000 6 accounts receivable mahmood sons Sales Cost of merchandise sold Merchandise Inventory 6 Cash Sales Cost of merchandise sold Merchandise Inventory 6 Sales return and allowances Accounts receivable, Fareeha Nasir Merchandise Inventory Cost of merchandise inventory 7 Drawings, Rizwan Ahmed Cash 112 11000 1500 412 410 1500 900 112 510 900 311 5000 Cp 1 5000 Date oct P/R CR 1 CP 1 cr1 Debit Credit 55000 310 55000 121 20000 20000 23000 410 23000 510 11000 112 11000 120 800 CP 1 800 531 Description 1 Cash Capital, Rizwan Ahmed 1 merchandising inventory- Cash 1 cash sales cost of merchandise sold Merchandise Inventory 2 Office Equipment Cash 2 Rent Expense Prepaid Rent Cash 2 Computer Supplies cash 2 Accounts Receivable, Mahmood Sons. sales cost of merchandise sold Merchandise Inventory 2 cash sales cost of merchandise sold Merchandise Inventory 35000 1000 Cp1 36000 113 1420 cp1 1420 1400 1400 510 950 112 950 cr1 15000 410 15000 510 11000 112 11000 533 805 Cp 1 805 522 1940 1940 Cp 1 cr1 10000 410 10000 510 6500 6500 112 112 13000 3 miscellenous Expense Cash 3 Advertising Expense Cash 3 cash sales cost of merchandise sold Merchandise Inventory 3 merchandising inventory- cash 4 cash sales cost of merchandise sold Merchandise Inventory 5 merchandising inventory- cash 5 Salary Expense Cash 13000 cp1 cr1 8800 410 8800 510 5500 5500 112 112 15000 cp1 15000 530 875 Cp 1 875 11750 410 11750 9000 510 112) 9000 CR 1 18300 18300 410 510 11000 6 accounts receivable mahmood sons Sales Cost of merchandise sold Merchandise Inventory 6 Cash Sales Cost of merchandise sold Merchandise Inventory 6 Sales return and allowances Accounts receivable, Fareeha Nasir Merchandise Inventory Cost of merchandise inventory 7 Drawings, Rizwan Ahmed Cash 112 11000 1500 412 410 1500 900 112 510 900 311 5000 Cp 1 5000