Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

More Info Accounts Payable Cash Utilities Expense Automotive Supplies Dividends Retained Earnings Service Revenue Equipment Common Stock Advertising Expense Unearned Revenue Print Done 1. Raymond

image text in transcribedimage text in transcribedimage text in transcribed

More Info Accounts Payable Cash Utilities Expense Automotive Supplies Dividends Retained Earnings Service Revenue Equipment Common Stock Advertising Expense Unearned Revenue Print Done 1. Raymond Autobody Shop has the following accounts: (Click the icon to view the accounts.) Print Create a chart of accounts for Raymond Autobody Shop using the standard numbering system. Each account is separated by a factor of 10. For exarriple, the first asset account will be 100 and the next asset account will 110. (Use the first available line under each section, Asset, Liabilities, etc., when selecting the accounts. If a box is not used, leave the box empty: do not select any labels.) Balance Sheet Accounts Liabilities Assets Equity 9) (15) (10) (16) (5) (11) (17) (6) (12) (18) (13) (14) (19) (23) (27) Income Statement Accounts (Part of Equity) Revenues Expenses (20) (21) (22) (24) (25) (26) 128) (29) (30) 1: More Info Accounts Payable Cash Utilities Expense Automotive Supplies Dividends Retained Earnings Service Revenue Equipment Common Stock Advertising Expense Unearned Revenue (3) (1) O 100 110 O 120 O 200 210 220 300 310 320 400 410 O 420 500 510 520 (2) O Accounts Payable O Advertising Expense Automotive Supplies Cash Common Stock Dividends O Equipment Retained Earnings Service Revenue Uneamed Revenue Utilities Expense 100 O 110 120 200 210 220 300 310 320 O 400 410 420 500 510 520 (4) O Accounts Payable Advertising Expense O Automotive Supplies O Cash O Common Stack Dividends O Equipment Retained Earnings Service Revenue Unearned Revenue Utilities Expense (5) 100 O 110 120 200 210 220 300 310 O 320 O 400 410 O 420 500 510 520 (6) O O Cash O Accounts Payable Common Stock Advertising Expense Dividends O Automotive Supplies O Equipment Retained Earnings O Service Revenue Unearned Revenue Utilities Expense (9) Print Print (7) O O 200 O 100 O210 110 220 120 300 O 310 320 400 410 420 500 510 520 (8) O Accounts Payable Advertising Expense O Automotive Supplies O Cash Common Stock Dividends O Equipment Retained Earnings Service Revenue Unearned Revenue O Utilities Expense 100 110 120 200 210 220 300 310 O 320 400 410 420 500 510 520 (11) (10) O O Accounts Payable O Advertising Expense O Automotive Supplies O Cash Common Stock Dividends O Equipment O Retained Earnings Service Revenue Unearned Revenue Utilities Expense 100 O 110 120 200 0 210 220 300 O 310 O 320 O 400 410 O 420 500 510 520 (12) O O Accounts Payable Advertising Expense Automotive Supplies O Cash O Retained Earnings Common Stock O Service Revenue Dividends Uneamed Revenue O Equipment Utilities Expense (13) O O 200 100 O210 110 220 120 300 310 320 400 410 420 500 510 520 (14) O Accounts Payable Advertising Expense O Automotive Supplies Cash Common Stock Dividends O Equipment O Retained Earnings Service Revenue Unearned Revenue Utilities Expense (15) O O 200 O 310 O 100 O210 320 O 110 220 O 400 120 300 410 O 420 500 510 520 (18) O (16) O Accounts Payable O Advertising Expense Automotive Supplies O Cash Common Stock Dividends O Equipment O Retained Earnings Service Revenue Unearned Revenue Utilities Expense (17) O 100 O 110 120 O 200 210 220 300 O 310 320 400 410 O 420 500 510 520 Accounts Payable Advertising Expense Automotive Supplies O Cash Common Stock Dividends O Equipment O Retained Earnings Service Revenue Uneamed Revenue O Utilities Expense (19) O 100 110 120 O 200 210 220 300 310 320 400 410 O 420 500 510 520 (20) O O Accounts Payable Advertising Expense O Automotive Supplies O Cash O Common Stock Dividends O Equipment Retained Earnings O Service Revenue Uneamed Revenue Utilities Expense (21) O 100 0 110 120 O 200 210 220 O 300 O 310 320 O 400 410 420 500 510 520 (22) O O Accounts Payable Advertising Expense O Automotive Supplies O Cash O Common Stock Dividends Equipment O Retained Earnings O Service Ravenue Unearned Revenue Utilities Expense (23) O O 200 O 310 O 100 0 210 320 110 220 400 O 120 0300 410 O 420 500 510 520 (24) O O Accounts Payable Advertising Expense Automotive Supplies O Cash Common Stock Dividends Equipment O Retained Earnings O Service Revenue Uneamed Revenue (27) O O (25) O O 200 O 310 O 420 100 0 210 320 500 110 220 400 510 O 120 O 300 O 410 520 (26) O Accounts Payable Advertising Expense O Automotive Supplies O Cash Common Stock Dividends Equipment Retained Earnings Service Revenue Uneamed Revenue Utilities Expense 100 110 O 120 200 O 310 210 320 220 400 O 300 O 410 420 500 510 520 (28) O Accounts Payable Advertising Expense O Automotive Supplies Cash Common Stock Dividends Equipment Retained Earnings Service Revenue Unearned Revenue Utilities Expense (29) O 100 110 O 120 O 200 210 220 300 310 320 400 410 420 500 510 520 (30) O O Cash Accounts Payable Common Stock Advertising Expense Dividends O Automotive Supplies O Equipment Retained Earnings Service Revenue Uneamed Revenue Utilities Expense More Info Accounts Payable Cash Utilities Expense Automotive Supplies Dividends Retained Earnings Service Revenue Equipment Common Stock Advertising Expense Unearned Revenue Print Done 1. Raymond Autobody Shop has the following accounts: (Click the icon to view the accounts.) Print Create a chart of accounts for Raymond Autobody Shop using the standard numbering system. Each account is separated by a factor of 10. For exarriple, the first asset account will be 100 and the next asset account will 110. (Use the first available line under each section, Asset, Liabilities, etc., when selecting the accounts. If a box is not used, leave the box empty: do not select any labels.) Balance Sheet Accounts Liabilities Assets Equity 9) (15) (10) (16) (5) (11) (17) (6) (12) (18) (13) (14) (19) (23) (27) Income Statement Accounts (Part of Equity) Revenues Expenses (20) (21) (22) (24) (25) (26) 128) (29) (30) 1: More Info Accounts Payable Cash Utilities Expense Automotive Supplies Dividends Retained Earnings Service Revenue Equipment Common Stock Advertising Expense Unearned Revenue (3) (1) O 100 110 O 120 O 200 210 220 300 310 320 400 410 O 420 500 510 520 (2) O Accounts Payable O Advertising Expense Automotive Supplies Cash Common Stock Dividends O Equipment Retained Earnings Service Revenue Uneamed Revenue Utilities Expense 100 O 110 120 200 210 220 300 310 320 O 400 410 420 500 510 520 (4) O Accounts Payable Advertising Expense O Automotive Supplies O Cash O Common Stack Dividends O Equipment Retained Earnings Service Revenue Unearned Revenue Utilities Expense (5) 100 O 110 120 200 210 220 300 310 O 320 O 400 410 O 420 500 510 520 (6) O O Cash O Accounts Payable Common Stock Advertising Expense Dividends O Automotive Supplies O Equipment Retained Earnings O Service Revenue Unearned Revenue Utilities Expense (9) Print Print (7) O O 200 O 100 O210 110 220 120 300 O 310 320 400 410 420 500 510 520 (8) O Accounts Payable Advertising Expense O Automotive Supplies O Cash Common Stock Dividends O Equipment Retained Earnings Service Revenue Unearned Revenue O Utilities Expense 100 110 120 200 210 220 300 310 O 320 400 410 420 500 510 520 (11) (10) O O Accounts Payable O Advertising Expense O Automotive Supplies O Cash Common Stock Dividends O Equipment O Retained Earnings Service Revenue Unearned Revenue Utilities Expense 100 O 110 120 200 0 210 220 300 O 310 O 320 O 400 410 O 420 500 510 520 (12) O O Accounts Payable Advertising Expense Automotive Supplies O Cash O Retained Earnings Common Stock O Service Revenue Dividends Uneamed Revenue O Equipment Utilities Expense (13) O O 200 100 O210 110 220 120 300 310 320 400 410 420 500 510 520 (14) O Accounts Payable Advertising Expense O Automotive Supplies Cash Common Stock Dividends O Equipment O Retained Earnings Service Revenue Unearned Revenue Utilities Expense (15) O O 200 O 310 O 100 O210 320 O 110 220 O 400 120 300 410 O 420 500 510 520 (18) O (16) O Accounts Payable O Advertising Expense Automotive Supplies O Cash Common Stock Dividends O Equipment O Retained Earnings Service Revenue Unearned Revenue Utilities Expense (17) O 100 O 110 120 O 200 210 220 300 O 310 320 400 410 O 420 500 510 520 Accounts Payable Advertising Expense Automotive Supplies O Cash Common Stock Dividends O Equipment O Retained Earnings Service Revenue Uneamed Revenue O Utilities Expense (19) O 100 110 120 O 200 210 220 300 310 320 400 410 O 420 500 510 520 (20) O O Accounts Payable Advertising Expense O Automotive Supplies O Cash O Common Stock Dividends O Equipment Retained Earnings O Service Revenue Uneamed Revenue Utilities Expense (21) O 100 0 110 120 O 200 210 220 O 300 O 310 320 O 400 410 420 500 510 520 (22) O O Accounts Payable Advertising Expense O Automotive Supplies O Cash O Common Stock Dividends Equipment O Retained Earnings O Service Ravenue Unearned Revenue Utilities Expense (23) O O 200 O 310 O 100 0 210 320 110 220 400 O 120 0300 410 O 420 500 510 520 (24) O O Accounts Payable Advertising Expense Automotive Supplies O Cash Common Stock Dividends Equipment O Retained Earnings O Service Revenue Uneamed Revenue (27) O O (25) O O 200 O 310 O 420 100 0 210 320 500 110 220 400 510 O 120 O 300 O 410 520 (26) O Accounts Payable Advertising Expense O Automotive Supplies O Cash Common Stock Dividends Equipment Retained Earnings Service Revenue Uneamed Revenue Utilities Expense 100 110 O 120 200 O 310 210 320 220 400 O 300 O 410 420 500 510 520 (28) O Accounts Payable Advertising Expense O Automotive Supplies Cash Common Stock Dividends Equipment Retained Earnings Service Revenue Unearned Revenue Utilities Expense (29) O 100 110 O 120 O 200 210 220 300 310 320 400 410 420 500 510 520 (30) O O Cash Accounts Payable Common Stock Advertising Expense Dividends O Automotive Supplies O Equipment Retained Earnings Service Revenue Uneamed Revenue Utilities Expense

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Public Sector Accounting And Budgeting For Non-Specialists

Authors: G. Jan Van Helden, Ron Hodges

1st Edition

1137376988, 9781137376985

More Books

Students also viewed these Accounting questions