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con Hap 03-43 (similar to) Hamburger House is a well-known fast food restaurant company, Examine the accompanying balance sheets which are based on Hamburger House's condensed quarterly report and actual terminology em Click the icon to view the balance who was Consider the following med partial suimary of transactions for October 2011 in mo) (Click the icon to view the summarized transactions Requirements 1. Record the transactions in the puma 2. Enter the beginning balans in Taco Post the journalents to the court Kay your entre transaction were used here 1. Prepare a trial balance for the more Odober 3, 2011 More Info Data Tabia . . Hamburger House Balance Sheet Value September 30, 2011 in mo Cash 1 2.30 Accounts and receive wento 130 Prepaid 714 Property and acou 5.400 Others 5.500 Accumule depreciation Notes and cours payat Oh babies Pansin capital Recaredning 21 ADD Other spuity 73.083 Reverse in company owners, 51.540 Revenues, on peut om traheder. Open count for these os redone, 1000 Cost of the work Depreciation 250 Depreciation Expanse) Parantand hence prin cash in 110 Properties Pahina 10 Cashburn on and out 1720 Powerline 18 Podcas, and .00 Operang) 740 1.000 6,490 3620 Chuc 3 Clows balance sheet values Requirements 1. Record the transactions in the journal. 2. Enter the beginning balances in T-accounts. Post the journal entries transaction letters used here. 3. Prepare a trial balance for the month ended October 31, 2011. More Info a. Revenues in cash, company-owned restaurants, $1,540. b. Revenues, on open account from franchised restaurants, $530. Open a separate revenue account for these sales. C. Inventories acquired on open account, $800. d. Cost of the inventories sold, $800. e. Depreciation, $250. (Debit Depreciation Expense.) f. Paid rent and insurance premiums in cash in advance, $130. (Debit Prepaid Expenses.). g. Prepaid expenses expired, $115. (Debit Operating Expenses.) h. Paid other liabilities in cash, S150. i. Cash collections on receivables, $600. 1. Cash disbursements on notes and accounts payable, $720. k. Paid interest expense in cash, $135. 1. Paid other expenses in cash, mostly payroll and advertising, $1,005. (Debit Operating Expenses.) Print Done Yer Clear All balance sheet values Requirements 1. Record the transactions in the journal. 2. Enter the beginning balances in T-accounts. Post the journal entries transaction letters used here. 3. Prepare a trial balance for the month ended October 31, 2011. X More Info a. Revenues in cash, company-owned restaurants, $1,540. b. Revenues, on open account from franchised restaurants, $530. Open a separate revenue account for these sales. C. Inventories acquired on open account, $800. d. Cost of the inventories sold, $800. e. Depreciation, $250. (Debit Depreciation Expense.) f. Paid rent and insurance premiums in cash in advance, $130. (Debit Prepaid Expenses.). g. Prepaid expenses expired, $115. (Debit Operating Expenses.) h. Paid other liabilities in cash, $150. 1. Cash collections on receivables, $600. 1. Cash disbursements on notes and accounts payable. $720. k. Paid interest expense in cash, $135. 1. Paid other expenses in cash, mostly payroll and advertising, $1,005. (Debit Operating Expenses.) Print Done Yer Clear All
