Hello

I just want to share that the assignment which i mentioned it having 4 part i got the answer for first part only 3 parts pending and this is the all information i share the all photo has number in the below please have a look once .

AutoSave OFF BESU- Week 4 Assignment (7) AC DR Home Insert Draw Page Layout Formulas Data Review View Tell me Share Comments X Calibri (Body) V 11 I Insert v = = V V General > ab Wrap Text ZE Ayu Ou 9X Delete OM 5 Paste B I U Av LE %> Merge & Center V Conditional Format Cell Formatting as Table Styles > 0 F Format Sort & Filter Find & Select V Analyze Data K51 x fx B D E F F G H H J K L M M N 0 Here are the current account balances for Sharon's Stones: 1 2 3 3 4 5 6 7 7 8 9 10 11 12 13 Income Statement account Sales Revenue Service Revenue Cost of Goods Sold Expense Utilities Expense Amount (dr/cr) 900 cr 150 cr 400 dr 220 dr Balance Sheet account Cash Accounts Receivable Inventory Equipment Accounts Payable Bank Loan Sharon, Capital Sharon, Withdrawals Amount (dr/cr) 4,330 dr 450 dr 800 dr 3,000 dr 1,200 cr 2,250 cr 5,000 cr 300 dr 14 1) Make the necessary journal entries for the following transactions: 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 a) a ) b) c) d) e) e f) f g) h) i) j) k) Aug 31, 2024- Sharon recognizes that her equipment will last 3 years and have a salvage value of $100 at that point. She wishes to depreciate all capital assets on a monthly basis using the straight-line method. Sep 1, 2024- Sharon purchases a $6,000 vehicle financed through a car dealership loan (4% annual interest rate with interest payable every three months). The vehicle is expected to last 5 years with a salvage value of $1,000 Sep 3, 2024- Hugh pays off his remaining debt to Sharon. Sep 5, 2024- Sharon pays her supplier for the Aug 11" purchase. Sep 9, 2024-Sharon secures a $3,000 contract to produce ten jewellery pieces. The customer will provide the materials and pay at the end. Sep 13, 2024- Sharon makes a $950 cash sale. The goods had cost her $450. Sep 18, 2024- Sharon buys inventory for $800 on account. Sep 21, 2024- Sharon completes a $100 necklace repair on account. Sep 25, 2024-Sharon secures a $2,000 contract to produce seven jewellery pieces. The customer pays her up front. Sep 28, 2024- Sharon repays $750 of her bank loan. Sep 30, 2024-Sharon estimates she has completed two-thirds (66.7%) of the work on the Sep 9 contract and one-quarter (25%) of the work on the Sep 25 contract. Particulars Debit ($) Credit ($) Date 2024 31.08 80.5 Depreciation on Equipment Ac Dr To Equipment Ac Part 4 + 80.5 Part 1 Part 2 Part 3 Ready B a + 133% AutoSave OFF HESU- Week 4 Assignment (7) AC DR Home Insert Draw Page Layout Formulas Data Review View Tell me Share Comments X Calibri (Body) V 11 I Insert v = = V V > General ab Wrap Text WE 17.0. 5 9X Delete Paste B B I U A === 3 Merge & Center v LE %> IN V Conditional Format Cell Formatting as Table Styles > 0 Format V Sort & Filter Find & Select Analyze Data B36 4 x fx A A B D E F G H 1 J K 1 IV) Make the necessary closing entries at the end of September (quarter-end) for Sharon's Stones. 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 Part 1 Part 2 Part 3 Part 4 + Ready B a + 157% AutoSave OFF HESU- Week 4 Assignment (7) AC DR Home Insert Draw Page Layout Formulas Data Review View Tell me Share Comments X Calibri (Body) Insert v V 11 AA = = V V > ab Wrap Text General ZE 48- 0 OEM X Delete v 5 Paste B I U Av & E Merge & Center LE %> V > 0 Conditional Format Cell Formatting as Table Styles F Format Sort & Filter Find & Select Analyze Data A J6 Q R S T U V V V X fx G G H 1 J K L M M N o 1 2 ted income statement and balance sheet accounts (and their dr/cr balances) after these adjustments are done. 3 4. 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Part 1 Part 2 Part 3 Part 4 + Ready B A + 150% AutoSave OFF HESU- Week 4 Assignment (7) AC DR Home Insert Draw Page Layout Formulas Data Review View Tell me Share Comments X Calibri (Body) V 11 AA = = V V > Wrap Text General # Insert 9X Delete WE Ayu Oy 3 Paste I U V A & Merge & Center LE %> V > 0 Conditional Format Cell Formatting as Table Styles A Format v Sort & Filter Find & Select Analyze Data J6 4 X fx B C D E F G H 1 J K L Dr/Cr Account name Account balance I/S or B/S 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 Part 1 Part 2 Part 3 Part 4 + Ready B + 150% AutoSave OFF HESU- Week 4 Assignment (7) AC DR Home Insert Draw Page Layout Formulas Data Review View Tell me Share Comments X Calibri (Body) V Insert v 11 AA V = = V V > ab Wrap Text General ZE WE Ayu -0 3 9X Delete v Paste B B I U : & Merge & Center & LE %> V .00 0 8 Conditional Format Cell Formatting as Table Styles Format v Sort & Filter Find & Select Analyze Data J6 fx A B D E F G H J K L M M N 0 P P 1 2 III) Make the necessary adjusting entries for September month-end for Sharon's Stones. Also, make a list of updated income statement and balance sheet accounts (and their dr/cr balances) after these adjustments are done. 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 Part 1 Part 2 Part 3 Part 4 + Ready B 11 + 125% AutoSave OFF HESU- Week 4 Assignment (7) AC DR Home Insert Draw Page Layout Formulas Data Review View Tell me Share Comments X Calibri (Body) V Insert v 11 AA = = V V ab Wrap Text > General ZE WEO > > > Ayu Oy X Delete 3 Paste B B I U Av = = Merge & Center & LE % V 28 .00 0 Conditional Format Cell Formatting as Table Styles Format Sort & Filter Find & Select Analyze Data V10 4 X fx N o P Q Q R S S T U V w Y z AA 1 J K L M 14 15 their dr/cr balances) after these adjustments are done. 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 Part 1 Part 2 Part 3 Part 4 + Ready @ B 11 - + 142% AutoSave OFF HESU- Week 4 Assignment (7) AC DR Home Insert Draw Page Layout Formulas Data Review View Tell me Share Comments X Calibri (Body) V Insert v 11 I V = = V V > ab Wrap Text General ZE WE > > > 48- 0 9X Delete 3 Paste U V A Find & & LE %) Merge & Center v V .00 0 48 Conditional Format Cell Formatting as Table Styles Format Sort & Filter Select Analyze Data J18 4 X fx A B D E F G H 1 J L M 37 38 39 40 41 Dr/Cr Account name Account balance I/S or B/S 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 Part 1 Part 2 Part 3 Part 4 + Ready @ B 11 i + 142% AutoSave OFF BESU- Week 4 Assignment (7) AC DR Home Insert Draw Page Layout Formulas Data Review View Tell me Share Comments V V V V ZE WA 0 WE > > 48- 0 3 V 97 .00 > 0 V X Calibri (Body) Insert v 11 = = "Ai > ab Wrap Text General 9X Delete Paste I U B Cell A LE %> Sort & Conditional Format Find & & Merge & Center Analyze Formatting as Table Styles Format Filter Select Data J18 4 x fx A A B D E F F G H 1 J L M 1 Here are the current account balances (Part 1 transactions not included) for Sharon's Stones: 2 3 Income Statement account Amount (dr/cr) Balance Sheet account Amount (dr/cr) 4 Sales Revenue 1900 cr Cash 4,330 dr 5 Service Revenue 150 cr Accounts Receivable 450 dr 6 Cost of Goods Sold Expense 400 dr Inventory 800 dr 7 Utilities Expense 220 dr Equipment 3,000 dr 8 Accounts Payable 1,200 cr 9 Bank Loan 2,250 cr 10 Sharon, Capital 5,000 cr 11 Sharon, Withdrawals 300 dr 12 13 14 15 II) Make the necessary adjusting entries for the August month-end. Also, make a list of updated income statement and balance sheet accounts and their dr/cr balances) after these adjustments are done. 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 Part 1 Part 2 Part 3 Part 4 + Ready @ B + 142% AutoSave OFF BESU- Week 4 Assignment (7) AC DR Home Insert Draw Page Layout Formulas Data Review View Tell me Share Comments X Calibri (Body) V 11 I Insert v = = V V General > ab Wrap Text ZE Ayu Ou 9X Delete OM 5 Paste B I U Av LE %> Merge & Center V Conditional Format Cell Formatting as Table Styles > 0 F Format Sort & Filter Find & Select V Analyze Data K51 x fx B D E F F G H H J K L M M N 0 Here are the current account balances for Sharon's Stones: 1 2 3 3 4 5 6 7 7 8 9 10 11 12 13 Income Statement account Sales Revenue Service Revenue Cost of Goods Sold Expense Utilities Expense Amount (dr/cr) 900 cr 150 cr 400 dr 220 dr Balance Sheet account Cash Accounts Receivable Inventory Equipment Accounts Payable Bank Loan Sharon, Capital Sharon, Withdrawals Amount (dr/cr) 4,330 dr 450 dr 800 dr 3,000 dr 1,200 cr 2,250 cr 5,000 cr 300 dr 14 1) Make the necessary journal entries for the following transactions: 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 a) a ) b) c) d) e) e f) f g) h) i) j) k) Aug 31, 2024- Sharon recognizes that her equipment will last 3 years and have a salvage value of $100 at that point. She wishes to depreciate all capital assets on a monthly basis using the straight-line method. Sep 1, 2024- Sharon purchases a $6,000 vehicle financed through a car dealership loan (4% annual interest rate with interest payable every three months). The vehicle is expected to last 5 years with a salvage value of $1,000 Sep 3, 2024- Hugh pays off his remaining debt to Sharon. Sep 5, 2024- Sharon pays her supplier for the Aug 11" purchase. Sep 9, 2024-Sharon secures a $3,000 contract to produce ten jewellery pieces. The customer will provide the materials and pay at the end. Sep 13, 2024- Sharon makes a $950 cash sale. The goods had cost her $450. Sep 18, 2024- Sharon buys inventory for $800 on account. Sep 21, 2024- Sharon completes a $100 necklace repair on account. Sep 25, 2024-Sharon secures a $2,000 contract to produce seven jewellery pieces. The customer pays her up front. Sep 28, 2024- Sharon repays $750 of her bank loan. Sep 30, 2024-Sharon estimates she has completed two-thirds (66.7%) of the work on the Sep 9 contract and one-quarter (25%) of the work on the Sep 25 contract. Particulars Debit ($) Credit ($) Date 2024 31.08 80.5 Depreciation on Equipment Ac Dr To Equipment Ac Part 4 + 80.5 Part 1 Part 2 Part 3 Ready B a + 133% AutoSave OFF HESU- Week 4 Assignment (7) AC DR Home Insert Draw Page Layout Formulas Data Review View Tell me Share Comments X Calibri (Body) V 11 I Insert v = = V V > General ab Wrap Text WE 17.0. 5 9X Delete Paste B B I U A === 3 Merge & Center v LE %> IN V Conditional Format Cell Formatting as Table Styles > 0 Format V Sort & Filter Find & Select Analyze Data B36 4 x fx A A B D E F G H 1 J K 1 IV) Make the necessary closing entries at the end of September (quarter-end) for Sharon's Stones. 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 Part 1 Part 2 Part 3 Part 4 + Ready B a + 157% AutoSave OFF HESU- Week 4 Assignment (7) AC DR Home Insert Draw Page Layout Formulas Data Review View Tell me Share Comments X Calibri (Body) Insert v V 11 AA = = V V > ab Wrap Text General ZE 48- 0 OEM X Delete v 5 Paste B I U Av & E Merge & Center LE %> V > 0 Conditional Format Cell Formatting as Table Styles F Format Sort & Filter Find & Select Analyze Data A J6 Q R S T U V V V X fx G G H 1 J K L M M N o 1 2 ted income statement and balance sheet accounts (and their dr/cr balances) after these adjustments are done. 3 4. 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Part 1 Part 2 Part 3 Part 4 + Ready B A + 150% AutoSave OFF HESU- Week 4 Assignment (7) AC DR Home Insert Draw Page Layout Formulas Data Review View Tell me Share Comments X Calibri (Body) V 11 AA = = V V > Wrap Text General # Insert 9X Delete WE Ayu Oy 3 Paste I U V A & Merge & Center LE %> V > 0 Conditional Format Cell Formatting as Table Styles A Format v Sort & Filter Find & Select Analyze Data J6 4 X fx B C D E F G H 1 J K L Dr/Cr Account name Account balance I/S or B/S 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 Part 1 Part 2 Part 3 Part 4 + Ready B + 150% AutoSave OFF HESU- Week 4 Assignment (7) AC DR Home Insert Draw Page Layout Formulas Data Review View Tell me Share Comments X Calibri (Body) V Insert v 11 AA V = = V V > ab Wrap Text General ZE WE Ayu -0 3 9X Delete v Paste B B I U : & Merge & Center & LE %> V .00 0 8 Conditional Format Cell Formatting as Table Styles Format v Sort & Filter Find & Select Analyze Data J6 fx A B D E F G H J K L M M N 0 P P 1 2 III) Make the necessary adjusting entries for September month-end for Sharon's Stones. Also, make a list of updated income statement and balance sheet accounts (and their dr/cr balances) after these adjustments are done. 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 Part 1 Part 2 Part 3 Part 4 + Ready B 11 + 125% AutoSave OFF HESU- Week 4 Assignment (7) AC DR Home Insert Draw Page Layout Formulas Data Review View Tell me Share Comments X Calibri (Body) V Insert v 11 AA = = V V ab Wrap Text > General ZE WEO > > > Ayu Oy X Delete 3 Paste B B I U Av = = Merge & Center & LE % V 28 .00 0 Conditional Format Cell Formatting as Table Styles Format Sort & Filter Find & Select Analyze Data V10 4 X fx N o P Q Q R S S T U V w Y z AA 1 J K L M 14 15 their dr/cr balances) after these adjustments are done. 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 Part 1 Part 2 Part 3 Part 4 + Ready @ B 11 - + 142% AutoSave OFF HESU- Week 4 Assignment (7) AC DR Home Insert Draw Page Layout Formulas Data Review View Tell me Share Comments X Calibri (Body) V Insert v 11 I V = = V V > ab Wrap Text General ZE WE > > > 48- 0 9X Delete 3 Paste U V A Find & & LE %) Merge & Center v V .00 0 48 Conditional Format Cell Formatting as Table Styles Format Sort & Filter Select Analyze Data J18 4 X fx A B D E F G H 1 J L M 37 38 39 40 41 Dr/Cr Account name Account balance I/S or B/S 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 Part 1 Part 2 Part 3 Part 4 + Ready @ B 11 i + 142% AutoSave OFF BESU- Week 4 Assignment (7) AC DR Home Insert Draw Page Layout Formulas Data Review View Tell me Share Comments V V V V ZE WA 0 WE > > 48- 0 3 V 97 .00 > 0 V X Calibri (Body) Insert v 11 = = "Ai > ab Wrap Text General 9X Delete Paste I U B Cell A LE %> Sort & Conditional Format Find & & Merge & Center Analyze Formatting as Table Styles Format Filter Select Data J18 4 x fx A A B D E F F G H 1 J L M 1 Here are the current account balances (Part 1 transactions not included) for Sharon's Stones: 2 3 Income Statement account Amount (dr/cr) Balance Sheet account Amount (dr/cr) 4 Sales Revenue 1900 cr Cash 4,330 dr 5 Service Revenue 150 cr Accounts Receivable 450 dr 6 Cost of Goods Sold Expense 400 dr Inventory 800 dr 7 Utilities Expense 220 dr Equipment 3,000 dr 8 Accounts Payable 1,200 cr 9 Bank Loan 2,250 cr 10 Sharon, Capital 5,000 cr 11 Sharon, Withdrawals 300 dr 12 13 14 15 II) Make the necessary adjusting entries for the August month-end. Also, make a list of updated income statement and balance sheet accounts and their dr/cr balances) after these adjustments are done. 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 Part 1 Part 2 Part 3 Part 4 + Ready @ B + 142%