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Please answer it (COMPLETELY) all of the activities. Answer it with Activity Titles/Numbers so we know which page are those answers. Answer it with a
Please answer it (COMPLETELY) all of the activities.
Answer it with Activity Titles/Numbers so we know which page are those answers.
Answer it with a good handwriting so we'll understand too.
COMPLETE ANSWERS ARE MUCH APPRECIATABLE AND THUMBS UP FOR ME!
Case 2. Below is the copy of Pioneer Advertising's incomplete Worksheet dated October 31, 2017. Requirement: Evaluate the worksheet and prepare the income statement of the company using a single-step format and nature of expense method of expense analysis. Use a separate sheet of paper for your solution. Attach your answer to this activity sheet upon submission. Part Hi D F GH PIONEER ADVERTISING Worksheet For the Month Ended October 31, 2017 Adjusted Income Balance Trial Balance Adjustments Trial Balance Statement Sheet 7 Account Titles Dr. a. Dr. Cr Dr. Cr. Dr. Cr Dr Bcash 15,200 15,200 15,200 9 Supplies 2.500 (a) 1.500 1.000 1,000 10. Prepaid Insurance 600 (b) SO 550 550 11 Equipment 5,000 5,000 5,000 12 Notes Payable 5.000 5,000 5.000 13 Accounts Payable 2,500 2.500 2,500 14 Unearned Service Revenue 1,200 (d) 400 800 800 15 Owner's Capital 10,000 10,000 10,000 15 Owner's Drawings 500 500 500 17 Service Revenue 10,000 (d) 400 10,600 10.600 18 (e) 200 19 Salaries and Wages Expense 4,000 (g) 1,200 5,200 5,200 20 Rent Expense 900 900 900 21 Totals 28,700 28.700 22 23 24 Supplies Expense (a) 1,500 1,500 1,500 25 Insurance Expense (b) 50 50 50 26 Accum. Depreciation 27 Equipment 40 40 40 28 Depreciation Expense (c) 40 40 40 291 Accounts Receivable (e) 200 200 200 30 Interest Expense (0) 50 50 50 31 Interest Payable (1) 50 50 50 32 Salaries and Wages Payable (9) 1,200 1,200 1,200 3,440 Totals 3,440 30,190 30,190 7,740 10,600 22,450 19,590 33 (c)Step by Step Solution
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