Hello! I am looking for some help with these Journal Accounting problems! I would really appreciate your help thank you so much!
Consider the following account starting balances and journal transactions involving these accounts . Use T- accounts to record the starting balances and organize the offsetting entries for the transactions . The starting balance of Accounts Receivable is $ 4 , 100 The starting balance of Cash is $ 14 , 300 The starting balance of Inventory is $5 , 800 Date Accounts and Explanation Debit\\ \\ Credit Jan 19 Inventory 17 Cash 17 Bought manufacturing supplies for cash Jan 20 Cash 30 Inventory Sold and delivered product to customer at cost Jan 21 Cash 1 1 Accounts Receivable* Received customer payment What is the final amount in Accounts Receivable ?!Consider the following account starting balances and journal transactions involving these accounts . Use T-accounts to record the starting balances and organize the offsetting entries for the transactions . The starting balance of Accounts Payable is $2 , 000 The starting balance of Cash is $13 , 700 The starting balance of Debt is $3 , 600 The starting balance of Inventory is $5 , 100 Date Accounts and Explanation Debit Credit Feb 10 Cash 55 Debt 5.5 Borrowed money from bank Feb 11 \\Accounts Payable* 8 Cash 8 Paid money owed to supplier Feb 12 \\Inventory 14 Accounts Payable* 14 Bought manufacturing supplies on credit* What is the final amount in Accounts Payable ?)Consider the following account starting balances and journal transactions involving these accounts . Use T-accounts to record the starting balances and organize the offsetting entries for the transactions . The starting balance of Cash is $12 , 500 The starting balance of Inventory is $5 , 200 The starting balance of Retained Earnings is $23 , 900 Date Accounts and Explanation Debit| Credit Mar 9 Retained Earnings 3 Cash 3 Consumed good or service and paid expense with cash Mar 10 Cash 20 Inventory 16 Retained Earnings 4 Sold and delivered product to customer* Mar 11\\ Cash 35 Retained Earnings 35 Sold , delivered , and received payment for service* with no clear associated cost What is the final amount in Retained Earnings ?"Lightspeed Industries Balance Sheet AS of January 3 , 2019 ( amounts in thousands ) Cash 14, 100| Accounts Payable* 1 , 900 Accounts Receivable* 3 , 200\\ Debt 3, 500 Inventory 4 , 900| Other Liabilities 2, 000 Property Plant & Equipment 16 , 300| Total Liabilities 7, 500 Other Assets 500| Paid - In Capital 7 , 200 Retained Earnings 24, 300 Total Equity* 31 , 500 Total Assets 39, 000| Total Liabilities & Equity 39, 000 Transfer the journal entries to T-accounts for the transactions below , compute closing amounts for the T-accounts , and construct a final balance sheet to answer the question . Journal amounts in thousands* Date Account and Explanation Debit\\ Credit Jan 4 Cash 8:0 Paid - In Capital Issued stock Jan 5 Cash 5.5 59 Debt Borrowed money from bank Jan 5 Cash 12 Accounts Receivable* 12 Received customer payment Jan ] Cash 5 Inventory 5 Retained Earnings Sold and delivered product to customer* Jan 8 Inventory 17 Accounts Payable* 17 Bought manufacturing supplies on credit Jan 9 Property , Plant & Equipment 47 Cash 47 Paid cash for machine Jan 10 \\Accounts Payable 8 Cash 8. Paid money owed to supplier What is the final amount in Total Assets ?) Please specify your answer in the same units as the balance sheet
