Exercises - Lecture 3 - It is very significant It is very significant It is very significant It is very - Tài liệu tham khảo | Đại học Hoa Sen

Assignment Brief (RQF) Lecture 3 - Exercises 1.
Prepare general journal entries to record the transactions below for Spade Company by using
the following accounts: Cash; Accounts Receivable; Office Supplies; Office Equipment;
Accounts Payable; K. Spade, Capital; K. Spade, Withdrawals; Fees Earned; and Rent
Expense. Use the letters beside each transaction to identify entries. After recording the
transactions, post them to T-accounts, which serve as the general ledger for this assignment.
Determine the ending balance of each T-account. a.
Kacy Spade, owner, invested £100,750 cash in the company. b.
The company purchased office supplies for £1,250 cash. c.
The company purchased £10,050 of office equipment on credit. d.
The company received £15,500 cash as fees for services provided to a customer. e.
The company paid £10,050 cash to settle the payable for the office equipment purchased in transactions. f.
The company billed a customer £2,700 as fees for services provided. g.
The company paid £1,225 cash for the monthly rent. h.
The company collected £1,125 cash as partial payment for the account receivable created in transaction i.
Kacy Spade withdrew £10,000 cash from the company for personal use. 1 Assignment Brief (RQF)
Làm bài tập 2 trong 20 phút, sau đó nghỉ giải lao 20p 2 Assignment Brief (RQF) 2.
Humble Management Services opened for business and completed these transactions in September. Required: a.
Prepare general journal entries to record these transactions. b.
Open the following ledger accounts—their account numbers are in parentheses (use the
balance column format): Cash; Accounts Receivable; Office Supplies; Prepaid Insurance;
Prepaid Rent; Office Equipment; Accounts Payable; H. Humble, Capital; Humble,
Withdrawals; Services Revenue; and Utilities Expense. Post journal entries from part 1 to
the ledger accounts and enter the balance after each posting. c.
Prepare a trial balance as of the end of September. 3.
Zucker Management Services opened for business and completed these transactions in November. 3 Assignment Brief (RQF) Required: a.
Prepare general journal entries to record these transactions. b.
Open the following ledger accounts—their account numbers are in parentheses (use the
balance column format): Cash; Accounts Receivable; Office Supplies; Prepaid
Insurance; Prepaid Rent; Office Equipment; Accounts Payable; M. Zucker, Capital; M.
Zucker, Withdrawals; Services Revenue; and Utilities Expense. Post the journal entries
from part 1 to the ledger accounts and enter the balance after each posting. c.
Prepare a trial balance as of the end of November. 4.
At the beginning of April, Bernadette Grechus launched a custom computer
solutions company called Softworks. The company had the following transactions during April. 4 Assignment Brief (RQF) 5. 5 Assignment Brief (RQF) 6