Loading...

Messages

Proposals

Stuck in your homework and missing deadline? Get urgent help in $10/Page with 24 hours deadline

Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.

Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support

4 1 application problem accounting answers

11/11/2021 Client: muhammad11 Deadline: 2 Day

Complete the attached, Problem 4-1A Template. Please refer to Ch. 4, in your textbook for detailed instructions. Save your completed work and submit via CANVAS.

I am posting below something from the book:

Chapter Review
4-8dPractice Exercises
PE 4-1A

Flow of accounts into financial statements
Obj. 1
Example Exercise 4-1
Show Me HowThe balances for the accounts that follow appear in the Adjusted Trial Balance columns of the end-of-period spreadsheet. Indicate whether each account would flow into the income statement, statement of owner's equity, or balance sheet.
Accounts Payable
Depreciation Expense
Nat Hager, Capital (beginning of period)
Office Equipment
Rent Revenue
Supplies Expense
Unearned Rent
Wages Payable
PE 4-1B

Flow of accounts into financial statements
Obj. 1
Example Exercise 4-1
Show Me HowThe balances for the accounts that follow appear in the Adjusted Trial Balance columns of the end-of-period spreadsheet. Indicate whether each account would flow into the income statement, statement of owner's equity, or balance sheet.
Accumulated Depreciation
Cash
Fees Earned
Insurance Expense
Prepaid Rent
Supplies
Tina Greer, Drawing
Wages Expense
PE 4-2A

Statement of owner's equity
Obj. 2
Example Exercise 4-2
Show Me HowMarcie Davies owns and operates Gemini Advertising Services. On January 1, 2018, Marcie Davies, Capital had a balance of $618,500. During the year, Marcie invested an additional $40,000 and withdrew $15,000. For the year ended December 31, 2018, Gemini Advertising Services reported a net income of $92,330. Prepare a statement of owner's equity for the year ended December 31, 2018.
PE 4-2B

Statement of owner's equity
Obj. 2
Example Exercise 4-2
Show Me HowBlake Knudson owns and operates Grab Bag Delivery Services. On January 1, 2018, Blake Knudson, Capital had a balance of $918,000. During the year, Blake made no additional investments and withdrew $15,000. For the year ended December 31, 2018, Grab Bag Delivery Services reported a net loss of $43,500. Prepare a statement of owner's equity for the year ended December 31, 2018.
PE 4-3A

Classified balance sheet
Obj. 2
Example Exercise 4-3
Show Me HowThe following accounts appear in an adjusted trial balance of Waterloo Consulting. Indicate whether each account would be reported in the (a) current asset; (b) property, plant, and equipment; (c) current liability; (d) long-term liability; or (e) owner's equity section of the December 31, 2018, balance sheet of Waterloo Consulting.
Building
Cindy Sue Delaney, Capital
Notes Payable (due in five years)
Prepaid Rent
Salaries Payable
Supplies
Taxes Payable
Unearned Service Fees
PE 4-3B

Classified balance sheet
Obj. 2
Example Exercise 4-3
Show Me HowThe following accounts appear in an adjusted trial balance of Kangaroo Consulting. Indicate whether each account would be reported in the (a) current asset; (b) property, plant, and equipment; (c) current liability; (d) long-term liability; or (e) owner's equity section of the December 31, 2018, balance sheet of Kangaroo Consulting.
Accounts Payable
Accounts Receivable
Accumulated Depreciation—Building
Cash
Lea Gabel, Capital
Note Payable (due in ten years)
Supplies
Wages Payable
PE 4-4A

Closing entries
Obj. 3
Example Exercise 4-4
Show Me HowAfter the accounts have been adjusted at December 31, the end of the fiscal year, the following balances were taken from the ledger of Pioneer Delivery Services Co.:
Practice ExercisesJournalize the two entries required to close the accounts.
PE 4-4B

Closing entries
Obj. 3
Example Exercise 4-4
Show Me HowAfter the accounts have been adjusted at April 30, the end of the fiscal year, the following balances were taken from the ledger of Nuclear Landscaping Co.:
Practice ExercisesJournalize the two entries required to close the accounts.
PE 4-5A

Accounting cycle
Obj. 4
Example Exercise 4-5
Show Me HowExcelFrom the following list of steps in the accounting cycle, identify what two steps are missing:
Transactions are analyzed and recorded in the journal.
An unadjusted trial balance is prepared.
Adjustment data are assembled and analyzed.
An optional end-of-period spreadsheet is prepared.
Adjusting entries are journalized and posted to the ledger.
An adjusted trial balance is prepared.
Closing entries are journalized and posted to the ledger.
A post-closing trial balance is prepared.
PE 4-5B

Accounting cycle
Obj. 4
Example Exercise 4-5
Show Me HowExcelFrom the following list of steps in the accounting cycle, identify what two steps are missing:
Transactions are analyzed and recorded in the journal.
Transactions are posted to the ledger.
An unadjusted trial balance is prepared.
An optional end-of-period spreadsheet is prepared.
Adjusting entries are journalized and posted to the ledger.
An adjusted trial balance is prepared.
Financial statements are prepared.
A post-closing trial balance is prepared.
PE 4-6A

Working capital and current ratio
Obj. 7
Example Exercise 4-6
Show Me HowFAICurrent assets and current liabilities for HQ Properties Company follow:
Practice Exercises
Determine the working capital and current ratio for 2019 and 2018.
Pencil Does the change in the current ratio from 2018 to 2019 indicate a favorable or an unfavorable change?
PE 4-6B

Working capital and current ratio
Obj. 7
Example Exercise 4-6
Show Me HowFAI Current assets and current liabilities for Brimstone Company follow:
Practice Exercises
Determine the working capital and current ratio for 2019 and 2018.
Pencil Does the change in the current ratio from 2018 to 2019 indicate a favorable or an unfavorable change?

Homework is Completed By:

Writer Writer Name Amount Client Comments & Rating
Instant Homework Helper

ONLINE

Instant Homework Helper

$36

She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up!

Order & Get This Solution Within 3 Hours in $25/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 3 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 6 Hours in $20/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 6 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 12 Hours in $15/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 12 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

6 writers have sent their proposals to do this homework:

Helping Engineer
Financial Assignments
Top Academic Guru
Financial Analyst
Top Writing Guru
Coursework Assignment Help
Writer Writer Name Offer Chat
Helping Engineer

ONLINE

Helping Engineer

I am an experienced researcher here with master education. After reading your posting, I feel, you need an expert research writer to complete your project.Thank You

$20 Chat With Writer
Financial Assignments

ONLINE

Financial Assignments

I have read your project details and I can provide you QUALITY WORK within your given timeline and budget.

$25 Chat With Writer
Top Academic Guru

ONLINE

Top Academic Guru

I have done dissertations, thesis, reports related to these topics, and I cover all the CHAPTERS accordingly and provide proper updates on the project.

$44 Chat With Writer
Financial Analyst

ONLINE

Financial Analyst

I find your project quite stimulating and related to my profession. I can surely contribute you with your project.

$35 Chat With Writer
Top Writing Guru

ONLINE

Top Writing Guru

I will be delighted to work on your project. As an experienced writer, I can provide you top quality, well researched, concise and error-free work within your provided deadline at very reasonable prices.

$32 Chat With Writer
Coursework Assignment Help

ONLINE

Coursework Assignment Help

As an experienced writer, I have extensive experience in business writing, report writing, business profile writing, writing business reports and business plans for my clients.

$24 Chat With Writer

Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.

Similar Homework Questions

Flor quiere ir al almacén don guapo cierto falso - Business letter assignment - Dad and jerry's mower mart - Hager emergency light test kit wiring diagram - Cylinder to cube strength - Coca cola and mentos experiment procedure - Cover letter - Sussex uni welcome week - Penn foster academic integrity policy - Write a small moment story - Genesis 19 24 26 - Busi 201 Article Review - Monster high 13 wishes - As 3600 concrete structures - 0.38 repeating as a fraction - Economic abuse under ra 9262 - What are the different dramatic conventions - History of corrections and punishment - 25 sunline avenue alfredton - !!!~USA~!!! +91-8529590991 lOVE Vashikaran Specialist Molvi ji - Sor 2 unit notes - James 2 14 26 discussion questions - Terry barrett interpreting art pdf - A shaman in indigenous religions is - Red headed hostess light the world - Draw the structure of dibromo ethylpentane - Discussion - Forum: What is health? - His 100 multimedia presentation planning worksheet - Titanic ethics - Applicant assessment assignment - Jerz's weblog -- instructions: how to write guides for busy, grouchy people - Discussion 8 - Danny rivera shadow health cough answers - Application of double integral - Healthcare Management - How to write a change request - Change agent in nursing - PNEUMATIC AND HYDRAULIC EQUIPMENT - Stoichiometry of a precipitation reaction labpaq answers - Dr jaime dy liacco book - Week 5 ACC 556 - Unit IV assignment - Dr david meldrum paediatrician - Electron dot structure of sf6 - Physics 151 csulb - Discussion 1: Domestic Violence - Modern family a fair to remember harold grossman - Paper proposal - Quehaceres cotidianos - 22 pearl bay avenue mosman - Vegetable nursery management ppt - Sustainbility Essay - Pablo management has five part time employees - Importance of brundtland commission report - Threats of substitutes in the airline industry - What is the falling action of macbeth - Forth valley x ray department - What did ed snowden do to break the law - Review carefully - Deliverable 6 - Corporate Memo on Ethical and Legal Concerns - 10 findlay avenue salisbury east - Is nasty gal good quality - Airline Crew scheduling problem - The jackson timberlake wardrobe co - Www mindtools com commskll activelistening htm - Importance of company secretary ppt - The eukaryotic cell cycle and cancer an overview worksheet answers - Energy D3 - Supply Chain Design - Woolworths prepaid credit card - Toyota market segmentation targeting and positioning - Grief and Loss-powerpoint - Curver infinity kit sam's club - LOOKING FOR FULL TIME HW Person - Journal Decisions from Above - Virginia henderson 14 basic needs ppt - What is stride threat model - Just answer homework - Project Baseline - Packet tracer projects pdf - Determination of equilibrium constant for an esterification reaction lab report - Paradox access control software - BUSN601 Week 2 - My cousin vinny essay - What does sonnet 75 by edmund spenser mean - Unilever and ben and jerry's takeover success - Roast leg of lamb woolworths - Dead poets society notes - Criminal justice work - The necklace worksheets pdf - Childs shoe size conversion chart - SAP Discussion board - Target market for portable chargers - Www lufthansa com us en free baggage rules - Are online casino winnings taxable - Worn or bald tires quizlet - Org Behavior Reflection, Discussion and Assignment - Blue planet the deep worksheet - Paper