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Tiger Company completed the following transactions. The annual accounting period ends December 31 Jan 3 Purchased merchandise on account at a cost of $43,000 (Assume

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Tiger Company completed the following transactions. The annual accounting period ends December 31 Jan 3 Purchased merchandise on account at a cost of $43,000 (Assume a perpetual Inventory systes) Jan. 27 Paid for the January 3 purchase. Apr 1 Received $99,000 from Atlantic Bank after signing a 12-month, 1.8 percent promissory note. June 13 Purchased merchandise on account at a cost of $11,500. July 25 Paid for the June 13 purchase. July 31 Rented out a small office in a bullding Ouned by Tiger Company and collected licht months' rent in advance amounting to $11,800 Dec. 31 Determined wages of $31,000 were earned but not yet paid on December 31 (Ignore payroll taxes). Dec. 31 Adjusted the accounts at year-end, relating to interest. Dec. 31 Adjusted the accounts at year-end, relating to rent. Required: 1. & 2. Prepare journal entries for each of the transactions through August 1 and any adjusting entries required on December 31 3. Show how all of the liabilities arising from these items are reported on the balance sheet at December 31 Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Prepare fournal entries for each of the transactions through August 1 and any adjusting entries required on December 31. (Do not Yound intermediate calculations. If no entry is required for a transaction/event, welct "No Journal Entry Required in the first account field.) View transaction list X 1 Purchased merchandise on account at a cost of $43,000. (Assume a perpetual inventory system.) Record the transaction Herpetual 2 Paid for the January 3 purchase. Record the transaction Received $99.000 from Atlantic Bank after signing a 12- meinth, 8 percent promissory note. Record the Required: 1. & 2. Prepare journal entries for each of the transactions through August 1 and any adjusting entries required on 3. Show how all of the liabilities arising from these items are reported on the balance sheet at December 31 Complete this question by entering your answers in the tabs below. Req 1 and 2 Req3 Prepare journal entries for each of the transactions through August 1 and any adjusting entries required on December Intermediate calculations. If no entry is required for a transaction/event, select "No Journal Entry Required" in the first View transaction list > 1 Purchased merchandise on account at a cost of $43,000. (Assume a perpetual inventory system.) Record the transaction. Perpetual 2 Paid for the January 3 purchase. Record the transaction. 3 Received $99,000 from Atlantic Bank after signing a 12- month, 8 percent promissory note. Record the transaction. Credit 4 Purchased merchandise on account at a cost of 11,800. Record the transaction. 5 Paid for the June 13 purchase. Record the transaction. Note: = journal entry has been entered Record entry Clear entry View general Journal Req 1 and 2 Red 3 Prepare journal entries for each of the transactions through August 1 and any adjusting entries required on December 31. (Do not round Intermediate calculations. If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list > erpetual 5. Paid for the June 13 purchase. Record the transaction. 6. Rented out a small office in a building owned by Tiger Company and collected eight months' rent in advance amounting to $11,800. Record the transaction ? Determined wages of $31,000 were earned but not yet paid on December 31 (Ignore payroll taxes). Record the transaction. Adjusted the accounts at year-end, relating to interest. Record the transaction 9 Adjusted the accounts at year-end, relating to rent: Record the transaction Toto journal entry has been entered Credit Record entry Clear entry View general journal Req3 Tiger Company completed the following transactions. The annual accounting period ends December 31 Jan. 3 Purchased merchandise on account at a cost of 543,000. (Assume perpetual inventory system) Jan. 27 Paid for the January 3 purchase. Apr 1 Received $99,000 from Atlantic Bank after signing - 13-onth, 3.0 percent promissory note. June 13 Purchased merchandise on account at a cost of $11,000 July 25 Paid for the June 13 purchase. July 31 Rented out a small office in a building uned by Tiger Company and collected eight months' rent in advance amounting to $11,800 Dec. 31 Determined wages of 533,000 were earned but not yet paid on December 31 (Ignore payroll taxes). Dec. 31 Adjusted the accounts at year-end, relating to interest. Dec. 31 Adjusted the accounts at year-end, relating to rent. Required: 1. & 2. Prepare journal entries for each of the transactions through August 1 and any adjusting entries required on December 31 3. Show how all of the liabilities arising from these items are reported on the balance sheet at December 31 Complete this question by entering your answers in the tabs below. reqi and 2 Req Show how all of the abilities arising from these items are reported on the batance sheet at December 31. (Do not round Intermediate calculations.) TIGER COMPANY Balance Sheet (ertian

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