Morales Company recorded the following selected transactions during November 2013.
1.Open a general ledger having T-accounts for Accounts Receivable, Sales, and Sales Returns and Allowances. Also open an accounts receivable subsidiary ledger having a T-account for each customer. Post these entries to both the general ledger and the accounts receivable ledger.
2.Prepare a schedule of accounts receivable (see Exhibit 9.4) and compare its total with the balance of the Accounts Receivable controlling account as of November 30.
HW Score: 17.47%, 0.7 of 8-29A (book/static) Question Help At September 30, 2018, the accounts of Green Terrace Medical Center (GTMC) During the last quarter of 2018, GTMC completed the following selected include the following transactions: i) (Click the icon to view the transactions.) Accounts Receivable $ 145.000 Allowance for Bad Debts (credit balance) 3,500 Read the requirements Requirement 1. Open T-accounts for A Requirements X anations) and post to the two accounts Begin by journalizing the transactions. Sales on account, $450,000. Ignore Cos 1. Open T-accounts for Accounts Receivable and Allowance for Bad Debts. Journalize the transactions (omit explanations) and post to the Date Accounts and two accounts 2018 3. Show how Green Terrace Medical Center should report net accounts receivable on its December 31. 2018, balance sheet Dec 31 Print Done loose from any list or enter any number we put Tends any Ten CHICK CHECK ATISWer parts remaining Clear All Check Answer do not show again 9 OoHomework ACCOUNTING instructions | help Question 2 (of 5) > Save & Exit Submit [The following information applies to the questions displayed below.] The following is a list of accounts and amounts for Rollcom, Inc., for the fiscal year ended September 30 2015. The accounts have normal debit or credit balances. Accounts Payable $ 39,800 Accounts Receivable 67,200 Accumulated Depreciation-Equipment 22,200 Cash 81,000 Common Stock 95,500 Equipment 91,400 Income Tax Expense 10,570 Notes Payable (long-term) 1,570 Office Expense 6,370 Rent Expense 164,900 Retained Earnings 99,830 Salaries and Wages Expense 129,400 Sales Revenue 327,840 35,900 SuppliesQUESTION 4 / 11 According to the trial balance, what is the working capital? Trial Balance Cash $ 10,000 Accounts Receivable (AR) 2,000 Inventory 3,000 Accounts Payable (AP) 2,000 Accrued Expenses (AE) $ 3,000 Revenue $ 15,000Newborn Toys prepaid three years' rent ($31,500) on January 1, 2018. At December 31, 2018, Newborn prepared a trial balance and then made the necessary adjusting entry at the end of the year. Newborn adjusts its accounts once each year-on December 31. Read the requirements. What amount appears for Prepaid Rent on Newborn's unadjusted trial balance at December 31, 2018? What amount appears for Prepaid Rent on Newborn's adjusted trial balance at December 31, 2018? (Enter a "0" for any zero balances.) Prepaid Rent i Requirements X Balance a. Unadjusted trial balance at December 31, 2018 b. Adjusted trial balance at December 31, 2018 What amount appears for Prepaid Rent on a. Newborn's unadjusted trial balance at December 31, 2018? b. Newborn's adjusted trial balance at December 31, 2018? What amount appears for Rent Expense on a. Newborn's unadjusted trial balance at December 31, 2018? b. Newborn's adjusted trial balance at December 31, 2018? Print DoneThe polycentric staffing policy has the drawback of 0 failing to promote local talent @ avoiding women's rights costing too much O Isolating subsidiaries Question 13 (0.5 points) Which one of the following payment mechanisms would you use as an exporter if you are dealing w importer in a country with high political risk and unreliable banks? cash In advance document collection letter of credit open account Question 14 (0.5 points) Which of the following international staffing policy would have to be used if qualified people a home country? O ethnocentric policy O eccentric policy O geocentric policy O polycentric policy
