Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Thank you for thr help! I appreciate it Que Tires voted a new business, Tiomintymnet, end completed the following reactions during December Click the content

Thank you for thr help! I appreciate it image text in transcribed
image text in transcribed
image text in transcribed
Que Tires voted a new business, Tiomintymnet, end completed the following reactions during December Click the content Analyze the atroca of verantone on the counting equation et Timmira Gymnastics. Une betalowing count: Come Accounts Recente, Chen Sunles Aedourts Payatas Tonne, cool: Timmins. Whoes: Sonica Merawat, penes En Wages Expand Advertising Me te evento del contraction at a time being with the transaction on a 1. For hacten that of the fraction on the to calculate the balance exhaun wayang dan efect on the accounting Carryall be including being Enter each from the then reines and the secret presented in the friend or you for your site for any rers for your action any bones Erera de maig rebowan AP Accounts Accounts receivable, Moving Co. Come Offerte Warwin, Tim ASSETS LIAR EQUITY Con AR + 01 Wed. Bertud Bus Rev E Em 122 - . 2 Dec. 1 Dec. 2 Dec. 5 Dec. 9 Dec. 10 Dec. 15 Timmins contributed $22,000 cash in exchange for capital. Received $3,000 cash from customers for services performed. Paid $250 cash for office supplies. Performed services for a customer and billed the customer for services rendered, $3,000. Received $150 invoice for utilities due in two weeks. Paid for advertising in the local paper, $300. Paid utility invoice received on December 10. Collected cash in full from customer billed on December 9. Paid rent for the month, $2,600. Paid $1,300 to assistant for wages. Received $2,200 cash from customers for services performed. Timmins withdrew $4,000. Dec. 20 Dec. 25 Dec. 28 Dec. 28 Dec. 30 Dec. 31 Chuck Timmins started a new business Click the icon to view the transactions.) Analyze the effects of the transactions on the accounting equation of Timmins Gymnastics. Use the following accounts: Cash; Accounts Rent Expense: Utilities Expense; Wages Expense; and Advertising Expense. + 12/2 Bal 11 12/5 + Bal 12/9 + - Bal + 12/10 Bal 12/15 + Bal 12/20 Bal. + 12/25 + Bal. + 12/28 + + 12/28 Bal + 12/30 Bal 12/31 + Bal

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting The Cornerstone Of Business Decision-making, , (6 Months)

Authors: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

7th Edition

1337115924, 9781337115926

More Books

Students also viewed these Accounting questions

Question

Summarize the types of job analysis information.

Answered: 1 week ago

Question

Explain the human resource planning process.

Answered: 1 week ago