"Problem 4-3 The Concord Hotel opened for business on May 1, 2017. The May transactions resulted in a tabula summary, with May 31 nedjusted balance shown below in the first row. The $9,000 in the revenue column resulted from Rent Revenue. The 4.100 in the expense column includes salaries and Wages $3,000, 5800, and Advertising $500 Assets Liabilities Stockholders' Equity Pred Ace. Der Acc. Dept Acts Sal./Wages Unearn Retained and Com. Com Spies + Intut tant des del qup. - EU-Pay Int. Pay Pay Morte + Hunte. Pay - Stock + Rev.. Exp. Di Bal 2,431 2.600 + 1,800 +14,933 +67,600 0.16,800 0 4,633 0 0+ 3.300 33,600 50,9339,000 4,00 0 Record adjustments on May 31 that meet the following data. Include explanations for each want to reverence (If a transaction resten a decrease in Asset Liber Stockhorityceny Aset Liability or Equity Items that was reduced.) 1. Ince expires of the rate of $450 per month 2. A count of supplies show $1,000 of sted on May 31 1) Anual deprecationis $3,900 on the bulding (b) An depreciationis 53,360 on equipment The mortgage rates. The mortgage was taken out on May 1) 5. Retries related to the rest of 2,570 have been provided 6. Salaries of 790 rand unpaid May Asta Liabilities Pr. Aer. Der Ace Depe tand Um bags Big Teie Pay Pey 2.633 2.000 1,500 67.400 16,000 2433 30 M + Ad 2 A AL 5 & 7 5 8 W. Stockholders' Equity List Morte Com SR Sales Pay De ht. De Pey + res he 3.30 4.300 000 160 o 200 Adj. Bal. Find the adjusted balance for each column in the tabular summary. Prove that the expanded accounting equation balan Assets Llabilities Stockholders' Equity $ Prepare an income statement for the month of May. Concord Hotel Income Statement Prepares and earning statement to the month of May. Concord Hotel Rated amings Statement 2 $ $ % Prestare a retained earnings statement for the month of May. Concord Hotel Retained Earings Statement Prepare a classified balance sheet at May 31. (List current assets in order of liquidity. List Property, plant and Equip Concord Hotel Balance Sheet Assets Labs and stockholders' Equity edugen.WYPUS.com Problem 4-3 Search results the stat W PLUS HYATT HOUSE RALE epare a classified balance sheet at May 31. (List current assets in order of liquidity. List Property, plant and Equipment in or Concord Hotel Balance Sheet Assets Stache tuity 2 3 $ 4 Liabilities and Stockholders' Equity 80 2. 3 4. % 5 lab 6 W 7 R T Y fet "Problem 4-3 The Concord Hotel opened for business on May 1, 2017. The May transactions resulted in a tabula summary, with May 31 nedjusted balance shown below in the first row. The $9,000 in the revenue column resulted from Rent Revenue. The 4.100 in the expense column includes salaries and Wages $3,000, 5800, and Advertising $500 Assets Liabilities Stockholders' Equity Pred Ace. Der Acc. Dept Acts Sal./Wages Unearn Retained and Com. Com Spies + Intut tant des del qup. - EU-Pay Int. Pay Pay Morte + Hunte. Pay - Stock + Rev.. Exp. Di Bal 2,431 2.600 + 1,800 +14,933 +67,600 0.16,800 0 4,633 0 0+ 3.300 33,600 50,9339,000 4,00 0 Record adjustments on May 31 that meet the following data. Include explanations for each want to reverence (If a transaction resten a decrease in Asset Liber Stockhorityceny Aset Liability or Equity Items that was reduced.) 1. Ince expires of the rate of $450 per month 2. A count of supplies show $1,000 of sted on May 31 1) Anual deprecationis $3,900 on the bulding (b) An depreciationis 53,360 on equipment The mortgage rates. The mortgage was taken out on May 1) 5. Retries related to the rest of 2,570 have been provided 6. Salaries of 790 rand unpaid May Asta Liabilities Pr. Aer. Der Ace Depe tand Um bags Big Teie Pay Pey 2.633 2.000 1,500 67.400 16,000 2433 30 M + Ad 2 A AL 5 & 7 5 8 W. Stockholders' Equity List Morte Com SR Sales Pay De ht. De Pey + res he 3.30 4.300 000 160 o 200 Adj. Bal. Find the adjusted balance for each column in the tabular summary. Prove that the expanded accounting equation balan Assets Llabilities Stockholders' Equity $ Prepare an income statement for the month of May. Concord Hotel Income Statement Prepares and earning statement to the month of May. Concord Hotel Rated amings Statement 2 $ $ % Prestare a retained earnings statement for the month of May. Concord Hotel Retained Earings Statement Prepare a classified balance sheet at May 31. (List current assets in order of liquidity. List Property, plant and Equip Concord Hotel Balance Sheet Assets Labs and stockholders' Equity edugen.WYPUS.com Problem 4-3 Search results the stat W PLUS HYATT HOUSE RALE epare a classified balance sheet at May 31. (List current assets in order of liquidity. List Property, plant and Equipment in or Concord Hotel Balance Sheet Assets Stache tuity 2 3 $ 4 Liabilities and Stockholders' Equity 80 2. 3 4. % 5 lab 6 W 7 R T Y fet
