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please immediately answer me ! i am in exam Please answer the questions based on the transaction listed below. 1. Steel Co. is a recently
please immediately answer me !
i am in exam
Please answer the questions based on the transaction listed below. 1. Steel Co. is a recently established steel manufacturing company. The shareholders of Steel Co, have put $100.000 of Stakeholders Equity in cash 2. The company purchased $9,000 worth of raw materials with a payment period of 2 months 3. Steel Co. purchased machinery for $35.000. The company paid $15.000 of this amount in cash and the remaining $20.000 will be paid to the seller in 3 months 4. Steel Co. sold $11,000 worth of products. The customer will make the payment in 90 days 5. The rental payment of Steel Co. is $4,000 and the total employee salary is $8,000. Both payments are made in cash 6. The company purchased $6,000 worth of office supplies in cash 7. A customer has made a cash advance payment of $6.000 for its future purchase 8. Steel Co. sold $3,000 worth of products with 30-day payment period 9. The customer has made the purchase of $17,000 worth of the products for which he has given 56.000 advance payment in transaction 7. The remaining 59.000 will be paid in 45 days 10.Steel Co. collected $6.500 cash from its customers 11. The company paid $13,000 of its debt to its suppliers in cash 12. The Company received an electricity bill for $2,000 and will pay this expense next month 13. The electricity bill of 52,000 is paid in cash 14. The company paid $3.50p of dividend in cash Soru 1 25 Puan Show all of the above given transactions in Taccounts (showing debit and credit entries). Do not forget to classify each of the T account entry under the main equation of assets. liabilities and equity (put reference number (the transaction number) at the side of each entry into T-accounts) Cevabnz biimlendirmek iin dzenleyiciyi kullann Soru 2 25 Puan Prepare the balance sheet and the income statement of Steel Co. Cevotonize biimlendirmek iin duzenleyoy kullanin Soru 3 25 Puan Since the company has paid 53,500 dividend, what is the maximum amount of additional dividend that can be paid by Steel Co.? 1 Cevabnz biimlendirmek iin duzenleyiciyi kullanan Soru 4 25 Puan Calculate the return on ossets for Steel Co. (for the sake of simplicity assume that average total assets total ossets) Coomboimlendirmek icin durenlycyrkullon Please answer the questions based on the transaction listed below. 1. Steel Co. is a recently established steel manufacturing company. The shareholders of Steel Co, have put $100.000 of Stakeholders Equity in cash 2. The company purchased $9,000 worth of raw materials with a payment period of 2 months 3. Steel Co. purchased machinery for $35.000. The company paid $15.000 of this amount in cash and the remaining $20.000 will be paid to the seller in 3 months 4. Steel Co. sold $11,000 worth of products. The customer will make the payment in 90 days 5. The rental payment of Steel Co. is $4,000 and the total employee salary is $8,000. Both payments are made in cash 6. The company purchased $6,000 worth of office supplies in cash 7. A customer has made a cash advance payment of $6.000 for its future purchase 8. Steel Co. sold $3,000 worth of products with 30-day payment period 9. The customer has made the purchase of $17,000 worth of the products for which he has given 56.000 advance payment in transaction 7. The remaining 59.000 will be paid in 45 days 10.Steel Co. collected $6.500 cash from its customers 11. The company paid $13,000 of its debt to its suppliers in cash 12. The Company received an electricity bill for $2,000 and will pay this expense next month 13. The electricity bill of 52,000 is paid in cash 14. The company paid $3.50p of dividend in cash Soru 1 25 Puan Show all of the above given transactions in Taccounts (showing debit and credit entries). Do not forget to classify each of the T account entry under the main equation of assets. liabilities and equity (put reference number (the transaction number) at the side of each entry into T-accounts) Cevabnz biimlendirmek iin dzenleyiciyi kullann Soru 2 25 Puan Prepare the balance sheet and the income statement of Steel Co. Cevotonize biimlendirmek iin duzenleyoy kullanin Soru 3 25 Puan Since the company has paid 53,500 dividend, what is the maximum amount of additional dividend that can be paid by Steel Co.? 1 Cevabnz biimlendirmek iin duzenleyiciyi kullanan Soru 4 25 Puan Calculate the return on ossets for Steel Co. (for the sake of simplicity assume that average total assets total ossets) Coomboimlendirmek icin durenlycyrkullon Step by Step Solution
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