Harari, inc. has the following balance sheet at December 31,2018:
Harari projects the following transactions for 2019:
prepare a budget balnce sheet for harari, inc. for december 31, 2019. (Hint: it may be helpful to trace the effects of each transcation on the accouting equation to determine the ending balnce of each account.
* It may be helpful to trace the ce sheet for Harari. In for December 21, 2010. More Info Harari, Inc. has the following balance sheet Click the icon to view the balance she How projects the following transactions for Click the loon to view the transactions Data Table Assets Begin by completing the accounting equat box emply do not enter a zero. Acreato 2.000 Dec 31, 2018 Sales on account, $25,000 Cash receipts from customers from sales on account, 320,200 Purchase of raw materials on account, 50.000 Payments on a $1,000 Total cost of completed products, $18.450, which includes the following: Raw materials used, 57.800 Direct labor costs incurred and paid, 14.300 Manufacturing overhead costs incurred and paid, 55,500 Depreciation on manufacturing equipment, $850 Cost of goods sold, 512,600 Seling and administrative costs incurred and paid $3,500 Purchase of equipment paid in 2019, $1,500 1000 800 Sales on act Cash recipes Purch. RM Current Assets Cash Accounts Receivable Raw Materials inventory Finished Goods Inventory Total Current Assets Property. Plant, and Equipment: Equipment $ 6,450 17.000 (1.800) Less: Accumulated Depreciation 15,200 Pmis on acci RM used Direct labor Mg OH Depe COGS Total Assets S 21.650 Liabilities Current Liabilities: Accounts Payable S and A $ 1800 Purch up Stockholders' Equity Dec 31, 2019 Common Stock, no par 5,000 14,850 Retained Earnings Prepare a budgetod balance sheet for Harar, Inc. for December 31, 2019. Total Stockholders' Equity $ 21,650 Total Liabilities and Stockholders' Equity Choose from any list or enter any number in the input fields and then continue to the next question Print Done Prepare a budgeted balance sheet for Harari,in for December 31, 2019. Mint it may be helpful to trace the effects of each transaction on the accounting equation to determine the ending balance of each account) Horari, Inc. has the following balance sheet December 31, 2018 Click the icon to view the balance sheet) Harari projects the following transactions for 2019 Click the icon to view the transactions.) Begin by completing the accounting equation for the 2019 transactions, (Uses minus sign or parentheses to enter account reductions and contra asset balances and activity, If a box is not used in the equation leave the bax empty: do not enter a zero Abbreviations used) Cash AR RM . FGI. Equip (AD) AP + CS + RE . Dec 31, 2018 Sales on sect Cash repts . Purch RM Pmts on acct. RM used Direct labor Mig. OH Depr. COGS S and A TUNINNI . + . Purch equip Dec 31, 2019 Prepare a budgeted balance sheet for Hararline for December 31, 2019 Harari. Inc Choose from any list or enter any number in the input fields and then continue to the next question i Data Table Harari, Inc. has the following balance sheet at December 31, 2018 II (Click the icon to view the balance sheet.) Harari projects the following transactions for 2019 (Click the loon to view the transactions.) - X Harari, Inc. Balance Sheet Prepare a budgeted balance sheet for Harari, Inc. for December 31, 2019 Harari, Inc. Budgeted Balance Sheet December 31, 2019 Assets December 31, 2018 Assets Current Assets Cash Current Assets 2,600 1,000 Accounts Receivable Raw Materials Inventory 2050 6.450 Finished Goods Inventory Total Current Assets Property, plant, and Equipment Equipment Less: Accumulated Depreciation Total Current Assets Property, Plant, and Equipment 17.000 1,800 $ 15.200 Total Assets 21,650 Liabilities Total Assets Current Liabilities: Accounts Payable Liabilities Currentlab Stockholders' Equity $ Common Stock, no por 5.000 14,850 Stockholders' Eault Choose from any list or enter any number in the input fields and then continue to the next question Print Done A Data Table bunt) Harari, Inc. has the following balance sheet at December 31, 2018 FE (Click the icon to view the balance sheet.) Harari projects the following transactions for 2019: (Click the icon to view the transactions.) Assets Current Assets Current Asses: 2.000 1,000 2,050 Total Current Assets Property, Plant, and Equipment Accounts Receivable Raw Materials Inventory Finished Goods Inventory Total Current Assets Property. Plant, and Equipment: Equipment Less: Accumulated Depreciation 17.000 (1.000) 15.200 21,650 Total Assets Liabilities Liabilities Current Liabilities Current sites Accounts Payable $ 1,800 Stockholders' Equity Stockholders' Equity Common Stock, no par 5,000 14,850 Retained Earnings 19.5 Total Stockholders' Equity Total Stockholders' Equity Total Liabilities and Stockholders' Equity Total Lisbies and stockholders' Equity $ 21,650 Choose from any list or enter any number in the input fields and then continue to the next question Print Done
