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i need 26 too, thanks *19. What would be the account balance in the cash ledger account for week ended 9/07/2021, after the following transactions?
i need 26 too, thanks
*19. What would be the account balance in the cash ledger account for week ended 9/07/2021, after the following transactions? The business was opened of 9/01/2021. 4 points a) Owner brought in cash of $25,000 and furniture valued at $3,800, to start a vehicle maintenance store. b) Paid rent in cash, $6,500 c) Purchased maintenance supplies on credit for $9,000 to be paid later. d) Provided repairs service for a customer who paid $4,100 cash with a balance of $1,000 payable in one month. e) Purchased equipment for $8,750 in cash. 1) Paid liability insurance of $2,400 for twelve months. Working Area 5 points *24. A company had the following account balances at year-end: Cash $30,000 Accounts receivable 32.000 Accounts payable 20.000 Fees earned 65.000 Rent expense 15.000 Insurance expense 4.800 Supplies 5.000 Common Stook 5.000 Retained Earnings 144.800 Dividends 18.000 If all of the accounts have normal balances, prepare the trial balance? Trial Balance Account Dr. Cr Totals 25. Determine the net income using the following transactions of Chatter Company. 3 points 1. Paid $2,000 for one month rent 2. Paid $1,200 for two weeks wages 3. Performed $5,200 in consulting services on account 4. Billed a customer $1,500 for services performed 5. Received $5,200 in payment for item 3 6. Performed services and immediately collected $2,000 7. Paid $500 for advertising in the local paper 8. Received cash of $2,100 from a customer, as payment in advance for work to be performed in two months A. $10.200 B. $5,000 C. $8,700 D. $13,900 3 points 26. Compute profit margin ratio given the following information Cost of goods sold S175,000; Net profit $56,320; gross profit $97,800. A. 20.65% B. 57.58% C. 32.18% D. 55.89% Step by Step Solution
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