June 4 Ivanhoe Company purchased $7.740 worth of merchandise, on account from Hayes Company. The cost of the merchandise was $5,418. 12 Ivanhoe returned $430 worth of goods to Hayes. The goods had a cost of $301 to Hayes. 12 Ivanhoe paid the account in full. Assume use of the perpetual inventory system for both companies. Prepare separate tabular summaries to record these transactions in Ivanhoe's records. (Enter negative amounts using either negative sign preceding the number eg. -45 or parentheses es. (451) Liabilities Assets Commor Accounts Payable Cash Inventory June 4S to search uestion 12 of 17 - / 10 Prepare separate tabular summaries to record these transactions in Ivanhoe's records. (Enter negative amounts using either a negative sign preceding the number eg -45 or parentheses eg. (45).) Assets Liabilities Commor Accounts Payable Cash Inventory June 4 $ 12 12 Prepare separate tabular summaries to record these transactions in Ivanhoe's records. (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses e.8.(45)) Stockholder's Equity Retained Earnings Exp. Div. Common Stock Rev. Prepare separate tabular summaries to record these transactions in Hayes's records. (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses es. (451) Assets Liabil Cash Accounts Receivable Inventory Accounts $ June 4 $ 12 12 Prepare separate tabular summaries to record these transactions in Hayes's records. (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses eg. (45).) iabilities Stockholder's Equity Retained Earnin Exp Rev. Common Stock unts Payable re separate tabular summaries to record these transactions in Hayes's records. (Enter negative amounts using either a ve sign preceding the number eg. -45 or parentheses eg. (45).) Stockholder's Equity Retained Earnings Exp. Rev. Div. Sales revenue Cost of goods sold Sales returns & allowances 1. The following information pertains to Sunland Company, Cash balance per bank, July 31. 68.238. 2. July bank service charge not recorded by the depositor $58. 3. Cash balance per books, July 31.58.274. Deposits in transit, July 31, $3.610. $2.926 collected for Sunland Company in July by the bank through electronic funds transfer. The collection has not been recorded by Sunland Company Outstanding checks, July 31. 5706. 4. 5. 6. Prepare a bank reconciliation at Jul 31 2022. (List items that increase balance as per bank & booksfirst) SUNLAND COMPANY Bank Reconciliation Question 11 of 17 List of Accounts Prepare a tabular analysis for the adjustments at July 31 on the books of Sunland Company. Include margin explanations for the changes in revenues and expenses. (If a transaction results in a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity Item that was reduced) Assets Liabilities Accts. Rec. Cash Rev. July 31 31 List of Accounts Prepare a tabular analysis for the adjustments at July 31 on the books of Sunland Company. Include margin explanations for the changes in revenues and expenses. (If a transaction results in a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced) Liabilities Stockholders' Equity Rev. Exp List of Accounts Current Attempt in Progress Shamrock Inc. has 2000 shares of 4%, $100 par value, cumulative preferred stock and 50000 shares of $1 par value common stock outstanding at December 31, 2021. What is the annual dividend on the preferred stock? $0.04 per share $8000 in total 520 per share $400 in total On October 1. Ivanhoe's Painting Service borrows $200000 from National Bank on a 3-month, $200000,7% note. The payment of the note and accrued interest on January 1 by Ivanhoe's Painting Service includes a(n) Decrease to Notes Payable for $200000, decrease to interest Payable for $3500, and a decrease to cash for $203500. Decrease to Notes Payable and to Cash for $203500. Decrease to Notes Payable for 5200000 and a decrease to interest Payable for $14000 and a decrease to Cash for $214000 Decrease to Notes Payable for $200000, an increase to interest Expense for $2500 and a decrease to Cash for 5203500