### How she should extend the following adjusted

Assignment Help Financial Accounting
##### Reference no: EM13513320

Susan Elbe is preparing a worksheet. Explain to Susan how she should extend the following adjusted trial balance accounts to the financial statement columns of the worksheet.

Cash
Accumulated Depreciation
Accounts Payable
Julie Kerr, Drawing
Service Revenue
Salaries Expense

### Write a Review

#### What is earned income credit in the alternative scenarios

Their only sources of income are gains from stock they held for three years before selling and wages from part-time jobs. What is their earned income credit in the alternative scenarios?

#### Calculate the amount of rent revenue recognized in 2012

Calculate the amount of Rent Revenue recognized in 2012 and Show computation and prepare the adjusting entry on December 31, 2012 for PVP.

#### How much would crow manufacturing total income

Based on Crow Manufacturing's data in the above problem, assume that a transfer price of \$110 has been established and that 40,000 units of materials are transferred, with no reduction in the Materials Division's current sales. How much would the ..

#### Explain why accounting treatment is different in the fund

Explain why the accounting treatment is different in the general Fund and governmental activities general journals.

#### Determine the current ratio for 2006

Determine the current ratio for 2006, Calculate the quick ratio for 2006 and Calculate receivable turnover for 2006.

#### Create a fixed budget income statement

Create a fixed budget income statement for the planned level of sales and production and create a fixed budget income statement for actual level of sales and production.

#### Advantages of using the direct technique

Evaluate the relevant costs of the old machine and the new machine.

#### Classify the lease as an operating lease or finance

In each independent scenario, indicate whether AMC would classify the lease as an operating lease or finance lease under U.S. GAAP. Assume the lease agreement has not met any of the other indicators of a finance lease. Provide brief explanations.

#### Determine companys weighted average cost of capital

Determine the company's Weighted Average Cost of Capital and determine the NPV of the project - Indicate which depreciation method you have used, and explain why you chose this method.

#### What is the minimum monthly income needed to purchase

A lender requires that monthly mortgage payments be no more than 25% of gross monthly income with a maximum term of 30 years. If you can make only a 15% down payment, what is the minimum monthly income needed to purchase a \$300,000 house when the ..

#### Preparation of journal entries and adjusted trial balance

Preparation of journal entries, adjusted trial balance and classified balance sheet - Prepare journal entries for the transactions listed above and adjusting entries. and prepare an adjusted trial balance at January 31, 2007

#### The foreign currency is the functional currency for a

the foreign currency is the functional currency for a foreign subsidiary. at what exchange rate should each of the