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need help on no.10 and 12. please exlpain how to get them. thank you, postive rate ready. plus no.11, i am also confused. Preview Layout
need help on no.10 and 12. please exlpain how to get them. thank you, postive rate ready.
plus no.11, i am also confused.
Preview Layout Views Workbook Views Show Zoom -14 > fx 100000 15,000 5,000 30,000 150,000 45,000 100,000 9 Inventory 10 Prepaid Insurance 11 Land 12 Building 13 Accumulated Dep. - Building 14 Equipment 15 Accumulated Dep. - Equipment 16 Accounts Payable 17 Salaries Payable 18 Unearned Revenue 19 Interest Payable 20 Income Taxes Payable 21 Note Payable 22 Bonds 23 Common Stock 24 Additional Pd-in-Capital 25 Retained Earnings 20,000 9,000 2,000 3,000 100,000 50,000 80,000 22,000 26 27 29 31 32 Data Sheet Journal and Adjusting Entries Type here to search DIL E G58 B 43 8. 44 Salaries Expense 26400 Cash 25300 Salaries Payable 1100 $55,000 in cash is borrowed on 9/30 by issuing a Note Payable. Interest is 8% Cash 55000 Note Payable 45 46 LD 47 48 49 50 51 52 55000 Interest Expense 1100 Interest Pay. 1100 . The bonds were sold at face value last December and pay interest on Dec. 31, 20 Bond Interest Expense ??? 10. Cash 53 54 55 56 '11. - 10,000 additional shares of stock were sold for $3 a share. Cash 30000 Common Stock 10,000 Paid in Capital 20,000 57 58 59 60 61 12. 62 - Insurance costing $18,000 was purchased on 6/1/20 (the same time in which the Prepaid Insurance 18000 Cash 18000 nsurance Expense Prepaid Insurance ??? 63 64 65 66 67 '13. Os Dec. 31, shares of stock are repurchased from the market at $2.90/share. Treasury Stock ??? Cash ??? 68 Data Sheet Journal and Adjurting Entries 2020 Adjusted Trial Balance Type here to search BI Esc Preview Layout Views Workbook Views Show Zoom -14 > fx 100000 15,000 5,000 30,000 150,000 45,000 100,000 9 Inventory 10 Prepaid Insurance 11 Land 12 Building 13 Accumulated Dep. - Building 14 Equipment 15 Accumulated Dep. - Equipment 16 Accounts Payable 17 Salaries Payable 18 Unearned Revenue 19 Interest Payable 20 Income Taxes Payable 21 Note Payable 22 Bonds 23 Common Stock 24 Additional Pd-in-Capital 25 Retained Earnings 20,000 9,000 2,000 3,000 100,000 50,000 80,000 22,000 26 27 29 31 32 Data Sheet Journal and Adjusting Entries Type here to search DIL E G58 B 43 8. 44 Salaries Expense 26400 Cash 25300 Salaries Payable 1100 $55,000 in cash is borrowed on 9/30 by issuing a Note Payable. Interest is 8% Cash 55000 Note Payable 45 46 LD 47 48 49 50 51 52 55000 Interest Expense 1100 Interest Pay. 1100 . The bonds were sold at face value last December and pay interest on Dec. 31, 20 Bond Interest Expense ??? 10. Cash 53 54 55 56 '11. - 10,000 additional shares of stock were sold for $3 a share. Cash 30000 Common Stock 10,000 Paid in Capital 20,000 57 58 59 60 61 12. 62 - Insurance costing $18,000 was purchased on 6/1/20 (the same time in which the Prepaid Insurance 18000 Cash 18000 nsurance Expense Prepaid Insurance ??? 63 64 65 66 67 '13. Os Dec. 31, shares of stock are repurchased from the market at $2.90/share. Treasury Stock ??? Cash ??? 68 Data Sheet Journal and Adjurting Entries 2020 Adjusted Trial Balance Type here to search BI Esc Step by Step Solution
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