Balance sheet assignment, accounting, Basic Statistics

Balance sheet assignment, accounting, Basic Statistics

Assignment Help:

The High Company Balance Sheet Assignment (to be completed using Microsoft Excel)

-Create T accounts for each transaction #1-10
-Create a trial balance
-Create Income Statement
-Create a Statement of Owners Equity
-Create a final balance sheet

1. The owner supplies equity to begin the company in the amount of $350,000
2. Owner rents office space and pays $24,000 in advance
3. Owner purchases office furniture for $18,000 on account.
4. Owner purchases a lap top computer for $2,500 for cash.
5. Owner purchases office supplies for $3,500 for cash.
6. Owner sends bill for service to client for $36,000.
7. Owner pays employees salaries for the month $21,500.
8. Owner pays $6,000 toward office equipment purchased in #3.
9. Owner collects fees for service $36,000.
10. Owner pays utilities expense for the month of $2,100.

Related Discussions:- Balance sheet assignment, accounting

Reply plz, order tomatoes in crates of 25 kg and he is able to stock a maxi...

order tomatoes in crates of 25 kg and he is able to stock a maximum of four crates or 100 kg of tomatoes. His experience taught him that the daily demand ranges from 0 to100 kg of

Probability, What is probability 0.10 called?

What is probability 0.10 called?

Geometric mean, 5,2,5,8,9,9,8,7,5,2

5,2,5,8,9,9,8,7,5,2

Hom, (A) Find the binomial probability P(x = 5), where n = 15 and p = 0.50....

(A) Find the binomial probability P(x = 5), where n = 15 and p = 0.50. (B) Set up, without solving, the binomial probability P(x is at most 5) using probability notation. (C) H

Estimate stand-up time using the rmr system, SCENARIO It is proposed to...

SCENARIO It is proposed to construct a 3m diameter, 50m long tunnel, heading 0950, through the andesite lava flow at Maori Bay (Muriwai). As part of the preliminary investigati

Calculate and interpret, U.S. College presidents have described alcohol abu...

U.S. College presidents have described alcohol abuse as the number one problem on campus. How common is it? As a super crackerjack student, you conducted a survey of 17,096 stude

Probability tree., Modern hotels and certain establishments make use of an ...

Modern hotels and certain establishments make use of an electronic door lock system. To open a door an electronic card is inserted into a slot. A green light indicates that the doo

Time series, Methods of measuring secular trend

Methods of measuring secular trend

Historigram, what is historigram in statistics please give the problems and...

what is historigram in statistics please give the problems and there solution in statistics as soon as possible

Time series, what are the characteristics

what are the characteristics

Write Your Message!

Name

Email id

Message

Verfication Code

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd