S2-9 (similar to) Question Help After operating for several months, architect Kyle Farnsworth completed the following transactions during the latter part of January: (Click the icon to view the transactions.) Journalize the transactions of Kyle Famsworth, Architect. Include an explanation with each joumal entry On January 15, Kyle Famsworth borrowed $68,000 from the bank, signing a note payable. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Journal Entry Date Accounts and Explanations Debit Credit A More Info Jan 15 Jan 15 22 28 29 31 Borrowed $68,000 from the bank, signing a note payable. Performed services on account for clients totaling $17,500. Received $11,000 cash on account from clients. Received and paid a utility bill of $1,500. Pald monthly salaries of $5,000 to employees. Print Done E2-70 (book/static) Question Help This question concems the items and the amounts that two entities, Marion Co. and Ashland Hospital, should report in their financial statements. During November, Ashland provided Marion with medical exams for Marion employees and sent a bill for 548,000. On December 7, Marion sent a check to Ashland for $33,000. Marion began November with a cash balance of $51,000; Ashland began with cash of $0. Read the requirements. Requirement 1. For this situation, show everything that both Marion and Ashland will report on their November and December income statements and on their balance sheets at November 30 and December 31. Begin by showing what Marion will report on their November and December income statements and on their balance sheets at November 30 and December 31. (Complete all answer boxes. For amounts with a in the appropriate cell.) balance, make sure to enter"0" Marlon Co. Income Statement November December Balance Sheet November 30 December 31 Accounts payable Accounts receivable Cash Medical expense Service revenue S2-13 (similar to) Question Help Assume that Old Boardwalk Company reported the following summarized data at December 31, 2018. Accounts appear in no particular order, dollar amounts are in millions (Click the icon to view the data.) Prepare the trial balance of Old Boardwalk Company at December 31, 2018. List the accounts in their proper order. How much was the company's net income or net loss? (Enter amounts in millions as provided to you in the problem statement.) Old Boardwalk Company Trial Balance December 31, 2018 Balance (in millions) Debit A Data Table Account Title Credit 3 Revenues............ $ 37 Other liabilities ........ $ Other assels Expenses Stockholders' equity 23 Cash 21 Accounts payable...... 6 5 Print Done Accounts payable Cash Expenses Other assets Other liabilities Cl Revenues in the input fields and then click Check Answer. ? Stockholders' equity E2-25A (similar to) Question Help O The trial balance of Carver, Inc., at September 30, 2018, does not balance: (Click the icon to view the trial balance.) The accounting records hold the following errors: i (Click the loon to view the errors) Requirement 1. Prepare the corrected trial balance at Sopterriber 30, 2018, complete with a heading. Journal entries are not required. A correct trial balance will start with the appropriate header. Then enter the correct account balances after you adjust for the errors found in the investigation. Total the debits and credits. Start by selecting the correct header for the trial balance. The actual trial balance follows in the next step. A Data Table $ Cash Accounts receivable Inventory 14,900 13,000 16,600 Carver, Inc. Trial Balance September 30, 2018 For the Month Ended September 30, 2018 a Info x 200 50,000 Supplies Land.. Accounts payable Common stock Sales revenue S 12,000 47,600 38,800 a. Recorded a $200 cash revenue transaction by debiling Accounts Receivable. The credit entry was correct b. Posted a $4,000 credit to Accounts Payable as $400. c. Did not record utilities expense or the related account payable in the amount of $590 d. Understated Common Stock by $100. e. Omitted Insurance Expense of $3,800 from the trial balance. Salary expense Rent expense.. 2,100 400 1,100 Utilities expense $ 98,300 S 98,400 Total Choose from any drop-down list and then click CH ? Print Done 1 part rompining Print Done Wer