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what are the answers to the T charts, statement of retained earnings, statement of cash flows, and trial balance 12:15 Done Attachment PREPARING FINANCIAL STATEMENTS
what are the answers to the T charts, statement of retained earnings, statement of cash flows, and trial balance
12:15 Done Attachment PREPARING FINANCIAL STATEMENTS FOR THE MONTH OF JANUARY ASSUME ALL OF TIME BUSINESS TRANSACTONS OCCURRED IN IN JANUARY, 2019 CREATE JOURNAL ENTRIES FOR THE FOLLOWING BUSINESS TRANSACTIONS BE SURE TO NUMBER AND DATE THE ENTRIES 1) CORPORATION RECEIVED CASH AND ISSUED COMMON STOCK IN THE AMOUNT OF SSD 2) CASTI IN TIIE AMOUNT OF $10,000 WAS RECEIVED FOR SERVICES THAT WILL DE PERFORMED IN FEBRUARY 33 RECORD ONE MONTH REVENUE EARNED FOR SERVICES DEFERRED IN AN EARLIER MONTIL (SEE EXISTING BALANCE IN TIIE TACCOLINT) 4) SOLL WIDGETS ON ACOUNT IN THE AMOUNT OF $220,000. THE COST WAS 50%. S) SCHLD WIDGETS FOR CASH IN THE AMOUNT OF SINH THE COST WAS 50 6) PAID TEBRUARY RENT OF $5,000 IN JANUARY 7) PANJANLARY RENT OF $5,000 $) PAID CASH OF S10,000 FOR UTILITY EXPENSE. 9) PAID CASH OF $50,000 FOR SALARY EXTENSE 10) AT JANUARY 31 EMPLOYEES HARNED STOU THAT WILL NOT BE PAID UNTIL THE FEBRUARY 1 PAYROLL 11) THE DEPRECIATON EXPENSE NEEDS TO BE RECORDED FOR THE 2002.00 EQUIPMENT - ASSUME A FIVE YEAR LIFE (CINLY CINE MONTH DEPRECIATION ASSUME THE FOUIPMENT PURCHASE IN JANUARY WAS MADE AT MONTH END. SO NOT DEEPRELATED 12) RECEIVED A $25.XX PAYMENT ON ACCOUNT 13) RECORD INSURANCE EXPENSE FOR THE MONTI OF JANUARY (SEE. TIIT ACCOUNT FOR THE EXISTING BALANCEOT PREPAID EXPENSE) 14) RECORD ONE MONTI INTEREST EXPENSE ON THE NOTIS PAYABLC INT BOTIT CURRENT AND LONG TERM TUD INTEREST RATE IS 10%. 15) PURCHASED $500,000 OF INVENTORY ON ACCOUNT 10) PANCASH OF SASIXIT) VENDORS FOR INVENTORY PREVICH ISLY PURCHASEINN ACCXINT 17) RECORD INTEREST CARNED ON NOTE. RECEIVABLE FOR THE MONTH OF JANUARY, RATE IS A ISEE EXISTING TACCOUNT BALANCE 15) RECORD DIVIDENDS PAID IN THE AMOUNT OF 53.000 19) RDCORT THIC PURCITASOT DOUIPMENT FOR S500,000 BY SICININA NOTE LASSUME PURCHASE JAN 31-N IEPRILIATION CR INTEREST NECESSARY FOR THE MONTH) 12:16 Done Attachment BUSINESS TRANSACTIONS T ACCOUNTS BEGINNING BALANCE TEMPLATE FINANCIAL ARC COMPANY TRIAL BALANCE JANUARY , 2019 CASH TRADINCI SECURITIES ACCOUNTS RECEIVABLE ALLOWANCE FOR DORTFUL INVENTORY VOTES RECEIVABLE PREPAID ASSETS INTEREST RECEIVABLE LAND EQUIPMENT ALLOWANCE IR DEPRECIATION ACCOUNTS PAYABLE SALARY PAYABLE CURRINT PORTION NP INTEREST PAYABLE UNEARNED REVENUE NOTE. PAYABLE LI COMMON STOCK RETAINED EARNINGS WIDGET SALES SERVICE REVENUE COST OF SALES SALARY EXPENSE UTILITIES EXPENSE RENT EXPENSE INTEREST EXPENSE INSURANCE EXENSE DEPRECLATION INTEREST INCOME 12:16 Done Attachment BUSINESS TRANSACTIONS TACCOUNTS BEGINNING BALANCE TEMPLATE FINANCIAL STATEMENTS THE CORPORATION IS ABC COMPANY or SNS TRAVESACTION THROUGH THE IMATION OF THE ROLE FINANCIAL STATEMENT E NALINTRIES STEP ONE: CO B WESS TRANSACTIONS TRAINE BE SULLE TO USE PROCENJONAL EN NY FORM (TOC WILL NEED A STARATE SIRET OFTAMER MAKE SURE YOU NUMBER AND DATE THE JOURNAL ENTRIES DO NOT PUT ACTIVITIES DIRECTLY TO THE "T" ACCOUNTS YOL POST TO THET ACCOUNT FROM THE PREPARED JOURNAL ENTRIES STEP TWO: AIHEENAFNIERT IHREE X WTEINFESTOPT THERE INTRATANTS RESEOFTH YOUR EXTRIES VILLBACED TO THE ODCINNING DALANCTS INT-MAKEDOKMARKS AS YOU ISTTIENTSCT WILL HELP YCC CET INTERRUPTED STEP THREE: ONCE YOU HAVE AND ALLOT TIPUINALTNIS TOIMULTANCTITUT CALLLATET EXEG DALANIS STEP FOUR: INTER TIENENG ACCOUN BALAWISON TIL MIDLANCE BE SURE THE DEUTS AND ALLE DOUAL STEP FIVE: U TMALBALANCE CREATE TIL NAXCIAL STATEMENTS TEMPLATES FREE NOWVIND-THE ENEN REISETAMINES 12:16 Done Attachment BUSINESS TRANSACTIONS TACCOUNTS BEGINNING BALANCE TEMPLATE FINA 12:16 Done Attachment ACTIONS TACCOUNTS BEGINNING BALANCE TEMPLATE_FINANCIAL STATEMENTS INSTRUCTIONS SALARY RESE 12:15 Done Attachment PREPARING FINANCIAL STATEMENTS FOR THE MONTH OF JANUARY ASSUME ALL OF TIME BUSINESS TRANSACTONS OCCURRED IN IN JANUARY, 2019 CREATE JOURNAL ENTRIES FOR THE FOLLOWING BUSINESS TRANSACTIONS BE SURE TO NUMBER AND DATE THE ENTRIES 1) CORPORATION RECEIVED CASH AND ISSUED COMMON STOCK IN THE AMOUNT OF SSD 2) CASTI IN TIIE AMOUNT OF $10,000 WAS RECEIVED FOR SERVICES THAT WILL DE PERFORMED IN FEBRUARY 33 RECORD ONE MONTH REVENUE EARNED FOR SERVICES DEFERRED IN AN EARLIER MONTIL (SEE EXISTING BALANCE IN TIIE TACCOLINT) 4) SOLL WIDGETS ON ACOUNT IN THE AMOUNT OF $220,000. THE COST WAS 50%. S) SCHLD WIDGETS FOR CASH IN THE AMOUNT OF SINH THE COST WAS 50 6) PAID TEBRUARY RENT OF $5,000 IN JANUARY 7) PANJANLARY RENT OF $5,000 $) PAID CASH OF S10,000 FOR UTILITY EXPENSE. 9) PAID CASH OF $50,000 FOR SALARY EXTENSE 10) AT JANUARY 31 EMPLOYEES HARNED STOU THAT WILL NOT BE PAID UNTIL THE FEBRUARY 1 PAYROLL 11) THE DEPRECIATON EXPENSE NEEDS TO BE RECORDED FOR THE 2002.00 EQUIPMENT - ASSUME A FIVE YEAR LIFE (CINLY CINE MONTH DEPRECIATION ASSUME THE FOUIPMENT PURCHASE IN JANUARY WAS MADE AT MONTH END. SO NOT DEEPRELATED 12) RECEIVED A $25.XX PAYMENT ON ACCOUNT 13) RECORD INSURANCE EXPENSE FOR THE MONTI OF JANUARY (SEE. TIIT ACCOUNT FOR THE EXISTING BALANCEOT PREPAID EXPENSE) 14) RECORD ONE MONTI INTEREST EXPENSE ON THE NOTIS PAYABLC INT BOTIT CURRENT AND LONG TERM TUD INTEREST RATE IS 10%. 15) PURCHASED $500,000 OF INVENTORY ON ACCOUNT 10) PANCASH OF SASIXIT) VENDORS FOR INVENTORY PREVICH ISLY PURCHASEINN ACCXINT 17) RECORD INTEREST CARNED ON NOTE. RECEIVABLE FOR THE MONTH OF JANUARY, RATE IS A ISEE EXISTING TACCOUNT BALANCE 15) RECORD DIVIDENDS PAID IN THE AMOUNT OF 53.000 19) RDCORT THIC PURCITASOT DOUIPMENT FOR S500,000 BY SICININA NOTE LASSUME PURCHASE JAN 31-N IEPRILIATION CR INTEREST NECESSARY FOR THE MONTH) 12:16 Done Attachment BUSINESS TRANSACTIONS T ACCOUNTS BEGINNING BALANCE TEMPLATE FINANCIAL ARC COMPANY TRIAL BALANCE JANUARY , 2019 CASH TRADINCI SECURITIES ACCOUNTS RECEIVABLE ALLOWANCE FOR DORTFUL INVENTORY VOTES RECEIVABLE PREPAID ASSETS INTEREST RECEIVABLE LAND EQUIPMENT ALLOWANCE IR DEPRECIATION ACCOUNTS PAYABLE SALARY PAYABLE CURRINT PORTION NP INTEREST PAYABLE UNEARNED REVENUE NOTE. PAYABLE LI COMMON STOCK RETAINED EARNINGS WIDGET SALES SERVICE REVENUE COST OF SALES SALARY EXPENSE UTILITIES EXPENSE RENT EXPENSE INTEREST EXPENSE INSURANCE EXENSE DEPRECLATION INTEREST INCOME 12:16 Done Attachment BUSINESS TRANSACTIONS TACCOUNTS BEGINNING BALANCE TEMPLATE FINANCIAL STATEMENTS THE CORPORATION IS ABC COMPANY or SNS TRAVESACTION THROUGH THE IMATION OF THE ROLE FINANCIAL STATEMENT E NALINTRIES STEP ONE: CO B WESS TRANSACTIONS TRAINE BE SULLE TO USE PROCENJONAL EN NY FORM (TOC WILL NEED A STARATE SIRET OFTAMER MAKE SURE YOU NUMBER AND DATE THE JOURNAL ENTRIES DO NOT PUT ACTIVITIES DIRECTLY TO THE "T" ACCOUNTS YOL POST TO THET ACCOUNT FROM THE PREPARED JOURNAL ENTRIES STEP TWO: AIHEENAFNIERT IHREE X WTEINFESTOPT THERE INTRATANTS RESEOFTH YOUR EXTRIES VILLBACED TO THE ODCINNING DALANCTS INT-MAKEDOKMARKS AS YOU ISTTIENTSCT WILL HELP YCC CET INTERRUPTED STEP THREE: ONCE YOU HAVE AND ALLOT TIPUINALTNIS TOIMULTANCTITUT CALLLATET EXEG DALANIS STEP FOUR: INTER TIENENG ACCOUN BALAWISON TIL MIDLANCE BE SURE THE DEUTS AND ALLE DOUAL STEP FIVE: U TMALBALANCE CREATE TIL NAXCIAL STATEMENTS TEMPLATES FREE NOWVIND-THE ENEN REISETAMINES 12:16 Done Attachment BUSINESS TRANSACTIONS TACCOUNTS BEGINNING BALANCE TEMPLATE FINA 12:16 Done Attachment ACTIONS TACCOUNTS BEGINNING BALANCE TEMPLATE_FINANCIAL STATEMENTS INSTRUCTIONS SALARY RESEStep by Step Solution
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