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See attached, approx 10-15 minutes of work. DELIVER WITHIN 30 MINS 3) Calculate the missing entries below using the accounting equation. Assets Liabilities a. $200,500
See attached, approx 10-15 minutes of work.
DELIVER WITHIN 30 MINS
3) Calculate the missing entries below using the accounting equation. Assets Liabilities a. $200,500 $65,000 b. $11,800 c. d. ? $96,000 e. ? ? $50,000 ? $7,100 $80,000 $84,000 $29,000 Question 121 pts 3) a. Shareholders' equity $115,500 $45,500 $55,500 $135,500 Question 131 pts 3) b. Liabilities $2,700 $5,700 $4,700 $3,700 Question 141 pts 3) c. Assets $120,000 $110,000 $130,000 $100,000 Question 151 pts 3) d. Shareholders' equity $9,000 $8,000 $12,000 Shareholders' Equity ? $46,000 $7,000 Question 161 pts 3) e. Assets $45,000 $65,000 $25,000 $75,000 4) The following accounts are listed for Ahmed's Flower Shop at the end of 2015. Accounts Amounts 1. Notes receivables $ 4,800 2. Salaries and wages payable $ 5,500 3. Equipment $ 7,800 4. Accrued expenses payable $ 5,700 5. Cash $ 5,600 6. Marketable securities $ 7,600 7. Accounts payable $ 9,200 8. Inventory $ 2,000 9. Long-term bonds payable $ 7,900 10. Retained earnings $ 15,100 11. Common stock $ 30,400 12. Accounts receivables $ 24,000 13. Short-term bonds payable $ 51,000 14. Property, Plant and Equipment, net $ 73,000 4) a. Categorize the accounts as assets, liabilities and shareholders' equity. Question 171 pts 4) a. 1. Notes receivable L A SE Question 181 pts 4) a. 2. Salaries and wages payable L A SE Question 191 pts 4) a. 3. Equipment L A SE Question 201 pts 4) a. 4. Accrued expenses payable L SE A Question 211 pts 4) a. 5. Cash L SE A Question 221 pts 4) a. 6. Marketable securities A L SE Question 231 pts 4) a. 7. Accounts payable L SE A Question 241 pts 4) a. 8. Inventory L A SE Question 251 pts 4) a. 9. Long-term bonds payable A L SE Question 261 pts 4) a. 10. Retained earnings L A SE Question 271 pts 4) a. 11. Common stock L A SE Question 281 pts 4) a. 12. Accounts receivable A L SE Question 291 pts 4) a. 13. Short-term bonds payable A L SE Question 301 pts 4) a. 14. Property, Plant and Equipment, net A L SE Now, Identify the total value for the flower shop's assets, liabilities and shareholders' equity Question 311 pts 4) b. 1. Total Assets $124,800 $24,800 $64,800 $48,800 Question 321 pts 4) b. 2. Total Liabilities $19,300 $48,300 $79,300 $21,300 Question 331 pts 4) b. 3. Shareholders' equity $35,500 $45,500 $25,500 $55,500Step by Step Solution
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