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please complete this problem, including the 13 journal entries for the general journal which consist of January 15 through December 31. Also fill in the

please complete this problem, including the 13 journal entries for the general journal which consist of January 15 through December 31. Also fill in the balance sheet and the debt to assets ratio.
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Rudler Associates, reported the following account balances on January 1. The company entered into the following transactions during the year. January 15 Issued 25,000 shares of $1 par connon stock for $90,080 cash. January 31 Collected $3,080 fron custoners on account. February 15 Reacquired 3,400 shares of $1 par comnon stock into treasury for $37,460 cash. March 15 Reissued 2,40e shares of treasury stock for $28,400 cash. August 15 Reissued 600 shares of treasury stock for $4,600 cash. septenber 15 Declared (but did not yet pay) a $1 cash dividend on each outstanding share of common stock. October 1 issued 100, 10-year, $1,210 bonds, at a quoted bond price of 101 . October 3 Wrote off a $1,560 batance due from a customer who went bankrupt. Decesber 29 Pecorded $270,000 of service revenue, atl of which was collected in cash. Deceaber 30 Paid s24e, 00 cash for this year's wages through Decenber 31. (Ignore payrotl taxes and payroll deductions.) Decenber 31 Calculated $10, ees of depreciation. for the year to be recorded. (Ignore accrual adjustaents for inter and income taxes.) General Journal tab - Prepare the journal entries to record each transaction. Review the accounts as shown in the General Ledger and Trial Balance tabs. General Ledger tab - Each journal entry is posted automatically to the general ledger. Trial Balance tab. The option you choose will be the values used to populate the balance sheet tabs. Bafance Sheet tab - Prepare the noncurrent liabilities and stockholders' equity sections of the balance sheet at. December 31. At the end of the year, the adjusted net income was $20,000. General Joumal tab . Prepare a closing Journal entry for the income statement accounts, assuming the events on December 29-31 were the only transactions to affect income statement accounts. General Journal tab - After preparing the financial statements, record the closing entry for Dividends. Impact on Debt to Assets Ratio tab - Calculate the Debt to Assets Ratio and analyze the Impact of the Debt to Assets Ratio. September 15 Declared (but did not yet pay) a $1 cash dividend on each outstanding share ot common October 1 Issued 100, 10-year, $1,210 bonds, at a quoted bond price of 101 . October 3 Wrote off a $1,500 balance due from a customer who went bankrupt. December 29 Recorded $270,000 of service revenue, all of which was collected in cash. December 30 Paid $240,000 cash for this year's wages through December 31. (Ignore payroll taxes an deductions.) December 31 Calculated $10,000 of depreciation for the year to be recorded. (Ignore accrual adjustn and income taxes.) Prepare the journal entries to record each transaction. Review the accounts as shown in the General Ledger and Trial (Do not round intermediate calculations. If no entry is required for a transaction/event, select "No journal entry requ account field.) Journal entry worksheet Issued 25,000 shares of $1 par common stock for $90,000 cash. Record the transaction. Note: Enter debits before credits. Use the dropdowns to select the accounts properly included on the classified balance sheet. However, you will need to 5, the adjusted net income was $20,000. Rudler Associates, reported the following account balances on January 1. The company entered into the following transactions during the year. January 15 Issued 25,000 shares of $1 par conmon stock for $90,000 cash. January 31 Collected $3,000 from customers on account. February 15 Reacquired 3,400 shares of $1 par common stock into treasury for $37,400 cash. March 15 Reissued 2,400 shares of treasury stock for $28,400 cash. August 15 Reissued 600 shares of treasury stock for $4,600 cash. September 15 Declared (but did not yet pay) a $1 cash dividend on each outstanding share of common stock. October 1 Issued 100, 10-year, $1,210 bonds, at a quoted bond price of 101. October 3 Wrote off a $1,500 balance due from a customer who went bankrupt. December 29 Recorded $270,600 of service revenue, all of which was collected in cash. December 30 Paid $240,000 cash for this year's wages through December 31. (Ignore payroll taxes and payroll deductions.) December 31 Calculated $10,000 of depreciation for the year to be recorded. (Ignore accrual adjustments for inter and income taxes.) Calculate the Debt to Assets Ratio and analyze the impact of the Debt to Assets Ratio. (Round your answer to 2 decimal places.)

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