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please help to answer all 25 questions , thanks in advance. n tro d u c tio = S e e c yo 1 n

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please help to answer all 25 questions , thanks in advance.

image text in transcribed n tro d u c tio = S e e c yo 1 n to A t th e s in g le b e s t a to th e u r a n s w e rs a p p ro co m e s ta te m fo llo in g e x [D e p re s IS a la r ie s Th e pen Ex pen c ia tio n E lie E jQ u x rn a sca t d e b it c o lu en tr y to c lo s e th e e co m Su e m p re e co m Su e C m pen x w e tr a n s fe r d th e E pe n se c ia tio n E x p e n s m s s a E 600 x E x a r y p 400 se 300 e n se 1,2 0 0 i 200 , x pen co m e 500 400 se 300 se Su m m a r 1 200 y , i,2 00 p it a l In ts is p ita l a In C t sh o n 1, 3 0 0 S u p p lie s E x p e n s e D e p r e c ia tio n E x p e n S a la r ie se a cco u n a ry m S a la r ie d w o rk sh e e , m xse D c f th e o t th e $6 0 0l e In n se se n m m e n se s S u p p lie b h q u e s tio n o r s ta te n s h e e t p ro v id e d r e a c pen In a fo p r ia te n sw e r T h e in w tin g cco u n co m e Su m m a r y 1, 2 0 0 Scanned by CamScanner 2 The en tr y to Su m a ry w lt o m re su c lo s e p e n s e a c c o u n t(s ) w a s e n te r e d in r e v e r s e In c o m e c r e d ite d a L d th e e x p e n s e a c c o u n t(s ) w a s /w e r e d e b ite d T h a s f tN th e is th s e rro r b e fo a Th w b e h e n B e fo C th e a sse d Th e k w e b th o u a n A n co iv e e s lle c t s d is c o N p le Su m m a ry w ill h a v e a c re g it In co m e Su m m a ry w ill h av e a d it ill b e w ill b s w a c e th e o v e r s ta d it m ce te d te d e o v e r s ta e m d e b it b a la n d o ra n to M u m a r ia s ' L ife M a n a ge m en t k b e x a m ts ld is s u o dep te a n o ffic ie n f th e o n e o f e le c tr o n o s re ce ch e c v e rs a n o n su 4 e , lia b ilitie re ce d co m , e c lo s in a C g it In ce b a n t a r e c lo s in b a la n 3 e e x t fu a iv k th d n bo ic fu it s in tr a n a n sw d tr a s tr a fe r o f fu n d s w b a t r a n s fe r o f fu n d s th e s a d A ll o f th m e a s a e a b d w v e a C t e p a s it a m dep c u s to m o s ite d w e r a s re tu rn e d fo r s a n s b le fr o a a n s n s ith by o s w e rs a re co rre c fe r o u is t th r itin it in tr a o v e a n sw t g n s e rs a re e u se o a c h e c fp a p e r c h e c ks k it co rre c t Scanned by CamScanner W h ic h 5 jo u rn a an 7 in a E b O L I ts ta n C B a n d D e f th o cre a se e rro r m n k re c o n c ilia tio ite n m s w ld b e o u re fle c te d in a k a d e b y th e b a n k d in g c ch a r ic e se rv he ck s ge s p o s it in tr a n s it fo llo in g w ill b e w re c o r d e d in th ' n e r s e e o w q u ity co lu m a s n ? a A b Th C A d A e x ch a n n e pu in n rc h ge s a re ra w e n a $1 00 0 , f o a se o v e s tm ith d w If to ta l lia b ilitie b iLr g b a w l e n tr y ? W h ic h 6 f th e fo llo o ts a sse fa n a sse t b y th l b y th a n t e o w e o w d to ta l a o n cre d it n e r n e r sse ts a re $8 0 0 0 , , o w ' n e r s e q u ity m u s t e b $3 0 0 0 d $1 3 0 0 0 , , Scanned by CamScanner 8 A pu e qu 1f 9 10 a rch a se o tio tim h ic le fo v e r c a sh w o u t re m a T o ta l a b T o ta l lia b ilitie s a r e o C T o ta l o d B o th pan y e ' an b a in h a t e ffe c t o a v e w a n d B de in h ig h n th e a cco u n tin g d N o e ffe c t l s ta te a sse te d te d a n its e x pen s e s, it w ill c a u d p fo se q u ity q u ity ts ' n e r s e o w t th a t e n m ' n e r s e o w in o n ' e m t th e r th e s a o v e r s ta n e r s e o w in cre a se v e r s ta a e c o r r e c in cre a se a in s q u ity is ' cre a se a n is th o u n a m n e s e w A c a n c ia t sse s re v e n u e s a re a fin e ld h ? n a co m Th fa sh o w q u ity s re v e n u e a n e x e n se s r a p e r io d o f e a b b In a la n c e s co m e C s ta t e m d s ta te m s h e e t t a te m e n t e n t o f o w e n t o f c a sh ' n e r s e flo w q u ity s Scanned by CamScanner 11 A E x In co m pan y ha pen s e s a re a s su ra n ce , 13 A ca fo llo ($ 1 te g o ry , w th a t is n o C c a sh d Re v e n u e n e r o f a so fo llo le p t in t th a e e n d o fa p $ 7 5 0 U tilitie s $ 1 5 0 S a la r ie s $ 2 , co m e (lo ss e ch a r t fa ) fo , e r io , d Ti n e 4 00 th e p e r io d is r o cco u n ts is ts Iia b ilitie s e t, e n t in th b f th R t e v e n u e a cco u n 425) A SSe o s: n e a W h ic h o w , $2 2 5 T h e d 12 $ 4 5 0 0 in its R s flo w ro s w in g en p r ie to a D e b it Jo h b D e b it C C D e b it Jo h n d D e b it C n , a sh a s h tr ie d s th rsh ip ? C p ita l; c r e d it C a cre , s re co r d it Jo h n W ith d c re ra w d it Jo h a n , a s W ith d ls , in e C cre a v e s tm e n t o f c a sh by Jo h n , h ra w d it C a ls a s h p ita l Scanned by CamScanner 14 The tr a 15 16 Th n e r o w o u d p e rso a d e b it E q u ip b D e b it A C d e b it E q u ip d cre bu s in e s s l e q u ip m n a t in th e b u s in en in ts P cco u n m d an en t a n a n d c re e ss p ita l d d e b it C a p ita l se a n d p a id it im ex pen se is d e b ite d a n d a b An e x pen se is d e b ite d a n d a n C an ex pen se is d e b ite d a n d C d N ld a lia b ility f th e a a cco u n bo t v e a n sw w a s p ts P m e T o re co rd th is a sse d to e n t cre o re c o rd th is d ite d t is c r e d ite d p ita l is cre e rs a re co rre c o s te y a b le d ia te ly T lia b ility is a a d it E q u ip m a c re a n o n e o cco u n d it C d a n d it A c re y a b le pen ex d n a t en d it E q u ip m cu rre ta e n m a A d e b it to w v e s te tio n n sa c e in d ite d t a re v e n u e a cco u n t T h is e rro r c a u se a re v e n u e s to b b Iia b ilitie to b e C ca p ita l to b e d N o n e o s f th e e u n d e r s ta te d u n o v e rs a b d e r s ta te d ta te d o v e a n sw e rs a re co rre c t Scanned by CamScanner 17 18 19 A w w o u R ith d r a w ld e co m l b y th e o w n e r w p o s te d to a s a n e x pen se a cc o u n t T h is e rro r ca u se ts to b e a sse b Iia b ilitie s to b e C w d Ex ith d p ra w en se s is tr a d itio n a a ca sh is b se rv ic e C it is in d N jo u rn a m o n ls to b e to b lly re co cu rre r s ta te d te d o v e r s ta te d e o v e r s ta g n iz e d in th e a cco u n tin g re co r d s w hen d s a re ren f th de u n r e c e iv e o n e o l e n tr y t o ly in c lu d e a te d o v e r s ta a ev e n u e Th a d e re d d bo e a re c o rd a a d e b it to W b a d e b it to C C a d e b it to W ith d d a d e b it to C a ith d a w a a n sw v e ge E x ra w a sh a n ra w pen p ita l a n d d a a e rs a re co rre c l b y th a se a n a c re ls a n cre d d a e cre d it to C a c re d it to W t o w n e r w d it to C ld m o s t a sh a sh d it to C a o u ge E x a sh p e n se Scanned by CamScanner 20 B r in g in g ca 21 22 N t b a la a c co u n p to d a te b e fo n ce s u p r e p a r in g fin re a n c ia l r e p o r ts is lle d o t a p o s tin g b A C jo d An a re co r d ju s tin g L Ir n a d in g th liz in g ly z in g P e re p a id R t e n u se a a sse t s to b e to o h ig h b A sse ts to b e to o lo C e x d Re v e n u e C lo s in g en p e n se s to b to e to b e jo u to d ca u se s w h ig h o o h ig h tr ie s a n e e d n o tbe b N e e d n o tbe p fr o m th C a re n o d M u s t tb rn a o s te d if th e w o rk sh e e n e e d e jo u e liz e d liz e e fin tin g th e y a n c ia a ppe l s ta te a r o n m en ts th e a re w o rk sh e e t p rep a re d t d if a d ju rn a s in c e d s a n en tr ie s a re p re p a re d d p o s te d Scanned by CamScanner 23 0 f th e fo llo b a la n 24 If th a cco u n t in th e p o a In co m e su m b O w C A cco u n d D e , bu tn r it te n re s , th e b ' n e r s ca a n k to n a y m a p a y th e b Re C co n d A ll o f th tu rn a m th e c ta c t th e m a d ju s te d tr ia l a ry m p ita l ts p a y p r e c ia tio o u n a m ig h t a p p e a r in th e s t c lo s in g tr ia l b a la n c e ? ts , w h ic h o ce e w in fig u in g w a b le pen n e x th e c o u n h e c d ra t se he ck d w o e s n o r it te n k u n p a id w er to e se a n sw in se e w w h tm o r d t w a e rs a re c o rre c a tc h th e a m o u n t e x p re s se d s a s m e a n t t Scanned by CamScanner Scanned by CamScanner

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