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For this I need the Retained Earnings Statement(Listed at the Bottom) Comprehensive Problem 8 a-b, ci-c3 (Part Level Submission) Bramble Corp.'s balance sheet at December

For this I need the Retained Earnings Statement(Listed at the Bottom)

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Comprehensive Problem 8 a-b, ci-c3 (Part Level Submission) Bramble Corp.'s balance sheet at December 31, 2019, is presented below. Cash Accounts receivable Allowance for doubtful accounts Inventory Bramble Corp. Balance Sheet December 31, 2019 $13,900 Accounts payable 20,900 Common stock (900) Retained earnings 9,100 $43,000 $8,850 19,000 15,150 $43,000 During January 2020, the following transactions occurred. Bramble uses the perpetual Inventory method. Jan. 1 3 8 11 15 Bramble accepted a 4-month, 8% note from Merando Company in payment of Merando's $2,100 account. Bramble wrote off as uncollectible the accounts of Inwood Corporation ($500) and Goza Company ($200). Bramble purchased $15,000 of inventory on account. Bramble sold for $25,000 on account inventory that cost $17,200. Bramble sold inventory that cost $700 to Mark Lauber for $1,300. Lauber charged this amount on his Visa First Bank card. The service fee charged Bramble by First Bank is 3%. Bramble collected $21,000 from customers on account. Bramble paid $16,800 on accounts payable. Bramble recelved payment in full ($200) from Goza Company on the account written off on January 3. Bramble purchased supplies for $1,450 cash. Bramble pald other operating expenses, $3,300. 17 21 24 27 31 Adjustment data: 1. 2. 3. Interest is recorded for the month on the note from January 1. Bad debts are expected to be 6% of the January 31, 2020, accounts receivable. A count of supplies on January 31, 2020, reveals that $500 remains unused. (a) Prepare journal entries for the transactions listed above and adjusting entries. (Include entries for cost of goods sold using the perpetual system.) (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 0 decimal places, e.g. 5,275.) Comprehensive Problem 8 a-b, c1-c3 (Part Level Submission) Prepare journal entries for the transactions listed above and adjusting entries. (Include entries for cost of goods s indent manually. Round answers to 0 decimal places, e.g. 5,275.) Date Account Titles and Explanation Debit Credit Jan. 1 Notes Receivable 2,100 Accounts Receivable 2,100 Jan. 3 Allowance for Doubtful Accounts 700 Accounts Receivable 700 Jan. 8 Inventory 15,000 Accounts Payable 15,000 Jan. 11 Accounts Receivable 25,000 Sales Revenue 25,000 (To record sales revenues.) Jan. 11 Cost of Goods Sold 17,200 Inventory 17,200 (To record cost of goods sold.) Jan. 15 Cash 1,261 Service Charge Expense 39 Sales Revenue 1,300 (To record sales revenues and service charges.) Jan. 15 Cost of Goods Sold 700 Inventory 700 (To record cost of goods sold.) Jan. 17 Cash 21,000 Accounts Receivable 21,000 Jan. 21 Accounts Payable 16,800 Jan. 21 Accounts Payable 16,800 Cash 16,800 Jan. 24 Accounts Receivable 200 200 Allowance for Doubtful Accounts (To reinstate the account previously written-off.) Jan. 24 v Cash 200 Accounts Receivable 200 (To record the payment received.) Jan. 27 Supplies 1,450 Cash 1,450 Jan. 31 Other Operating Expenses 3,300 Cash 3,300 (To record other operating expense.) Jan. 31 (1) Interest Receivable Interest Revenue 14 (To record interest revenue.) Jan. 31 (2) Bad Debt Expense 926 926 Allowance for Doubtful Accounts (To record bad debt expense.) Jan. 31 (3) Supplies Expense 950 950 Supplies (To record supplies expense.) Your answer is correct. Prepare an adjusted trial balance at January 31, 2020. (Round answers to 0 decimal pla Bramble Corp. Adjusted Trial Balance January 31, 2020 Debit Credit > cash 14811 > Notes Receivable 2100 > Interest Receivable 14 Accounts Receivable 22100 Allowance for Doubtful Accounts 1326 Inventory 6200 Supplies 500 Accounts Payable 7050 Inventory 6200 Supplies 500 Accounts Payable 1 7050 Common Stock 1 19000 Retained Earnings 15150 Interest Revenue 14 Sales Revenue 26300 Cost of Goods Sold 900 Service Charge Expense Bad Debt Expense Tother Operating Expenses Supplies Expense 950 Total 68840 68840 Comprehensive Problem 8 a-b, c1-c3 (Part Level Submission) Prepare an income statement. (Round answers to 0 decimal places, e.g. 5,275.) Bramble Corp. Income Statement For the Month Ending January 31, 2020 Sales Revenues $ 26,300 Cost of Goods Sold -17,900* Gross Profit/ (Loss) 8,400 Operating Expenses Service Charge Expense 39* Bad Debt Expense 926* Supplies Expense 950* Other Operating Expenses 3,300* Total Operating Expenses 5,215* Income From Operations 3,185 Other Revenues and Gains Interest Revenue 14 Net Income / (Loss) 3,199 * Multiple correct answers are possible for this question; please rollover the answer field to see all possible answers (c2) Prepare a retained earnings statement for the month ending January 31, 2020. (Round answers to 0 decimal places, e.g. 5,275.) Bramble Corp. Retained Earnings Statement Click if you would like to Show Work for this question: Open Show Work

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