I did most of the work and most of the correct parts of the question are checked in green, I just need the general journal entries and the ratios that are checked in red solved.
1 hore presse www.300 add a physical coronding machine way it shows a vendre 1 Show to: Jan 31 Unadjusted - Dus lan 31 1 OA Unadjusted Gontie Company Trial Balance January 31, 2017 Gonzalez Company Income Statement For Year Ended January 31, 2019 10 1. The Det Account Credit D 3 De 3.00 10.500 Sales 116.000 whandise 3.500 3.700 w Sales turns and allowances 2.400 000 ad insurance ant Accueduction Sleep Accounts payable 20350 10 5850 100.00 95.000 73.800 4200 Net soles Cost of goods sold Gross prom Operating expenses Seting expenses Salaries expense Rentene Ayerbung expense Depreciaton expense - Store equip Stores expense 1980 1 15,000 5.000 10050 0 - 2000 3.500 3,700 38.000 30 000 C Nerd 28.1300 0 3 Jan 31 Theo Prey Next 31.050 Total selling experies Gewal and administrative expenses 39000 370 2313 January 31, 2017 Account the Crot 30000 1 35,000 Debit 8950 1000 550 O Badero Cost of two Gross profit Operating expenses Ang 100 Pred 10 por P 7 HORY Adepton cop 28350 10.000 5.500 28.200 Solares expertise Rate Advertising sense Depreciation expense Store que Stores 15.000 6,000 10050 4200 4200 116.000 31050 3.500 3.700 General and expenses tumsend lowance 1 15.000 6.000 Response ce Description of the requireding entries on lauary 3, 2018, follow Store supplievable at fiscal year-end amount to $1950 .Expired nunc, in administrative experts, for the fiscal years $1480 d to estimate the physical count ofending merchandise mentory is taken. It shows $9.70 of inventory will be c.Derecho pense on stone centainexpense, $6.300 for the fiscal year fiscal year-end 30,000 12.000 10.000 03 30 To 1 Total operating Netcome 52.050 21.750 Requirement General Journal General Trial Balance Multiple Step Single Step is 15 Anwer is not complete Requirement General Trial Balance Multiple Shop Sleep Is Balance Sheet Compute the following ratio of onry 31, 2017. Round each ratio to 7 decimal places. Date: Jan 31 200 Actorate 10 Orosmarino - to: Jan 31 A single-step income statement yields the same net income, but does not show the multiple-step income statement. Use the information from the multiple step inc single-step income statement below. Unadjusted - Gonzalez Company Income Statement For Year Ended January 31, 2019 Revenues Not Sales 5 108 800 Expenses Cost of goods sold $ 35.000 Total expenses 31 050 Total general and we expenses 21.000 Total expenses 87050 Net income 5 21.750 background Material Question 'Needed Multiple Step is Balance Sheet - words m 1 hore presse www.300 add a physical coronding machine way it shows a vendre 1 Show to: Jan 31 Unadjusted - Dus lan 31 1 OA Unadjusted Gontie Company Trial Balance January 31, 2017 Gonzalez Company Income Statement For Year Ended January 31, 2019 10 1. The Det Account Credit D 3 De 3.00 10.500 Sales 116.000 whandise 3.500 3.700 w Sales turns and allowances 2.400 000 ad insurance ant Accueduction Sleep Accounts payable 20350 10 5850 100.00 95.000 73.800 4200 Net soles Cost of goods sold Gross prom Operating expenses Seting expenses Salaries expense Rentene Ayerbung expense Depreciaton expense - Store equip Stores expense 1980 1 15,000 5.000 10050 0 - 2000 3.500 3,700 38.000 30 000 C Nerd 28.1300 0 3 Jan 31 Theo Prey Next 31.050 Total selling experies Gewal and administrative expenses 39000 370 2313 January 31, 2017 Account the Crot 30000 1 35,000 Debit 8950 1000 550 O Badero Cost of two Gross profit Operating expenses Ang 100 Pred 10 por P 7 HORY Adepton cop 28350 10.000 5.500 28.200 Solares expertise Rate Advertising sense Depreciation expense Store que Stores 15.000 6,000 10050 4200 4200 116.000 31050 3.500 3.700 General and expenses tumsend lowance 1 15.000 6.000 Response ce Description of the requireding entries on lauary 3, 2018, follow Store supplievable at fiscal year-end amount to $1950 .Expired nunc, in administrative experts, for the fiscal years $1480 d to estimate the physical count ofending merchandise mentory is taken. It shows $9.70 of inventory will be c.Derecho pense on stone centainexpense, $6.300 for the fiscal year fiscal year-end 30,000 12.000 10.000 03 30 To 1 Total operating Netcome 52.050 21.750 Requirement General Journal General Trial Balance Multiple Step Single Step is 15 Anwer is not complete Requirement General Trial Balance Multiple Shop Sleep Is Balance Sheet Compute the following ratio of onry 31, 2017. Round each ratio to 7 decimal places. Date: Jan 31 200 Actorate 10 Orosmarino - to: Jan 31 A single-step income statement yields the same net income, but does not show the multiple-step income statement. Use the information from the multiple step inc single-step income statement below. Unadjusted - Gonzalez Company Income Statement For Year Ended January 31, 2019 Revenues Not Sales 5 108 800 Expenses Cost of goods sold $ 35.000 Total expenses 31 050 Total general and we expenses 21.000 Total expenses 87050 Net income 5 21.750 background Material Question 'Needed Multiple Step is Balance Sheet - words m
