Connect chapter 2 homework accounting

Connect chapter 2 homework accounting DEFAULT

We at Accounting Assignments Help provide Mcgraw-hill Connect Managerial Accounting Chapter 2 Homework Help with step by step calculation and explanation 24*7 from our accounting experts.

Problem-1

In December 2016, Custom Mfg. established its predetermined overhead rate for jobs produced during 2017 by using the following cost predictions: overhead costs, $280,000, and direct materials costs, $200,000. At year-end 2017, the company’s records show that actual overhead costs for the year are $703,500. Actual direct material cost had been assigned to jobs as follows.

Jobs completed and sold$370,000
Jobs in finished goods inventory77,000
Jobs in work in process inventory49,000
Total actual direct materials cost$496,000

1. Determine the predetermined overhead rate for 2017.
2&3. Enter the overhead costs incurred and the amounts applied during the year using the predetermined overhead rate and determine whether overhead is overapplied or underapplied.
4. Prepare the adjusting entry to allocate any over- or underapplied overhead to Cost of Goods Sold.

Problem-2

In December 2016, Shire Computer’s management establishes the 2017 predetermined overhead rate based on direct labor cost. The information used in setting this rate includes estimates that the company will incur $754,000 of overhead costs and $580,000 of direct labor cost in year 2017. During March 2017, Shire began and completed Job 13-56.

1. What is the predetermined overhead rate for 2017?
2. Using the information on the following job cost sheet, determine the total cost of the job.

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Connect Financial Accounting Chapter 2

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Q1. Following are the transactions of a new company called Pose-for-Pics.

  • Aug 1 – Madison Harris, the owner, invested $12,500 cash and $53,750 of photography equipment in the company in exchange for common stock.
  • Aug 2 – The company paid $3,700 cash for an insurance policy covering the next 24 months.
  • Aug 5 – The company purchased office supplies for $2,375 cash.
  • Aug 20 – The company received $2,650 cash in photography fees earned.
  • Aug 31 – The company paid $883 cash for August utilities.

Prepare general journal entries for the above transactions.

ch2q1

Q2. The transactions of Spade Company appear below.

  • Kacy Spade, owner, invested $20,000 cash in the company in exchange for common stock.
  • The company purchased office supplies for $580 cash.
  • The company purchased $11,060 of office equipment on credit.
  • The company received $2,360 cash as fees for services provided to a customer.
  • The company paid $11,060 cash to settle the payable for the office equipment purchased in transaction c.
  • The company billed a customer $4,240 as fees for services provided.
  • The company paid $520 cash for the monthly rent.
  • The company collected $1,781 cash as partial payment for the account receivable created in transaction f.
  • The company paid $1,100 cash in dividends to the owner (sole shareholder).

Required:
1.
Prepare general journal entries to record the transactions above for Spade Company by using the following accounts: Cash; Accounts Receivable; Office Supplies; Office Equipment; Accounts Payable; Common Stock; Dividends; Fees Earned; and Rent Expense. Use the letters beside each transaction to identify entries.

ch2q2a

2. Post the above journal entries to T-accounts, which serve as the general ledger for this assignment.

ch2q2b

Q3. The transactions of Spade Company appear below.

  • Kacy Spade, owner, invested $19,000 cash in the company in exchange for common stock.
  • The company purchased office supplies for $551 cash.
  • The company purchased $10,507 of office equipment on credit.
  • The company received $2,242 cash as fees for services provided to a customer.
  • The company paid $10,507 cash to settle the payable for the office equipment purchased in transaction c.
  • The company billed a customer $4,028 as fees for services provided.
  • The company paid $535 cash for the monthly rent.
  • The company collected $1,692 cash as partial payment for the account receivable created in transaction f.
  • The company paid $900 cash in dividends to the owner (sole shareholder).

Prepare the Trial Balance.

ch2q3

Q4. Following are the transactions of a new company called Pose-for-Pics.

Aug.1Madison Harris, the owner, invested $10,750 cash and $46,225 of photography equipment in the company in exchange for common stock.
2The company paid $3,600 cash for an insurance policy covering the next 24 months.
5The company purchased office supplies for $2,043 cash.
20The company received $3,100 cash in photography fees earned.
31The company paid $883 cash for August utilities.

Prepare general journal entries for the above transactions.

connect financial accounting chapter 2

Q5. Following are the transactions of a new company called Pose-for-Pics.

Aug.1Madison Harris, the owner, invested $8,200 cash and $35,200 of photography equipment in the company in exchange for common stock.
2The company paid $3,800 cash for an insurance policy covering the next 24 months.
5The company purchased office supplies for $1,050 cash.
20The company received $5,031 cash in photography fees earned.
31The company paid $845 cash for August utilities.

Required:
1. Post the transactions to the T-accounts.

connect financial accounting chapter 2

2. Use the amounts from the T-accounts in Requirement (1) to prepare an August 31 trial balance for Pose-for-Pics.

connect financial accounting chapter 2

Q6. The transactions of Spade Company appear below.

  1. Kacy Spade, owner, invested $18,750 cash in the company in exchange for common stock.
  2. The company purchased office supplies for $544 cash.
  3. The company purchased $10,369 of office equipment on credit.
  4. The company received $2,213 cash as fees for services provided to a customer.
  5. The company paid $10,369 cash to settle the payable for the office equipment purchased in transaction c.
  6. The company billed a customer $3,975 as fees for services provided.
  7. The company paid $530 cash for the monthly rent.
  8. The company collected $1,670 cash as partial payment for the account receivable created in transaction f.
  9. The company paid $1,000 cash in dividends to the owner (sole shareholder).

Prepare the Trial Balance.

connect financial accounting chapter 2

Q7. Carmen Camry operates a consulting firm called Help Today, which began operations on August 1. On August 31, the company’s records show the following accounts and amounts for the month of August.

Cash$25,450Consulting fees earned$27,110
Accounts receivable22,490Rent expense9,680
Office supplies5,370Salaries expense5,700
Land44,120Telephone expense990
Office equipment20,140Miscellaneous expenses610
Accounts payable10,460Common stock103,100
Dividends6,120

Use the above information to prepare an August income statement for the business.

connect financial accounting chapter 2

Q8. Use the above information to prepare an August statement of retained earnings for Help Today. (Hint: Net income for August is $10,130.)

connect financial accounting chapter 2

Q9. Use the above information to prepare an August 31 balance sheet for Help Today. (Hint: The ending retained earnings account balance as of August 31 is $4,010.)

connect financial accounting chapter 2

Q10. Karla Tanner opens a Web consulting business called Linkworks and completes the following transactions in its first month of operations.

April1Tanner invested $90,000 cash along with office equipment valued at $21,600 n the company in exchange for common stock.
2The company prepaid $7,200 cash for 12 months’ rent for office space. (Hint: Debit Prepaid Rent for $7,200.)
3The company made credit purchases for $10,800 in office equipment and $2,160 in office supplies. Payment is due within 10 days.
6The company completed services for a client and immediately received $2,000 cash.
9The company completed a $7,200 project for a client, who must pay within 30 days.
13The company paid $12,960 cash to settle the account payable created on April 3.
19The company paid $6,000 cash for the premium on a 12-month insurance policy. (Hint: Debit Prepaid Insurance for $6,000.)
22The company received $5,760 cash as partial payment for the work completed on April 9.
25The company completed work for another client for $2,640 on credit.
28The company paid $6,200 cash in dividends.
29The company purchased $720 of additional office supplies on credit.
30The company paid $700 cash for this month’s utility bill.

Required:
1. Prepare general journal entries to record these transactions using the following titles: Cash (101); Accounts Receivable (106); Office Supplies (124); Prepaid Insurance (128); Prepaid Rent (131); Office Equipment (163); Accounts Payable (201); Common Stock (307); Dividends (319); Services Revenue (403); and Utilities Expense (690).

connect financial accounting chapter 2

2. Post the journal entries from part 1 to the ledger accounts.

connect financial accounting chapter 2

3. Prepare a trial balance as of April 30.

connect financial accounting chapter 2

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  1. All guns matter t shirt
  2. Platinum.capital one/activate
  3. Craigslist houston wheels and tires
  4. Trout lake wa weather
  5. Dollar general brand disinfectant spray
PROBLEM 2.4ACotton Cleaning ServicesCotton Cleaning ServicesCotton Cleaning ServicesIncome StatementStatement of Owner’s EquityBalance Sheetfor Month ended May 31for Month ended May 31for Month ended May 31Revenue7,880Taylor’s, Capital, May 1, 201950,600AssetsLiabilities  Fees Income  Net Loss for May10,194  Cash4,686Accounts Payable4,900Expenses  Less Withdrawal for May3,000  Accounts Receivable5,900  Utilities Expense(980)Decrease in Capital  Supplies5,800  Salaries Expense(8,900)Taylor’s, Capital, May 31, 201950,600  Equipment33,800Taylor’s Capital, May 31, 201945,286  Telephone Expense(314)Total Assets50,186Total Liabilities and Equity50,186Total Expenses(10,194)Analysis:Net Loss10,194  The amount of $45,286 (Taylor Cotton, Capital, May 31) was transferred to the balance sheet
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Chapter 2 Homework Part 1
1. award: 1 o ut o f 1.00 point ········································u5;;·111eiiii0imaiioi1··:;1eaci1oi ·111e·1c;i10wiiiiiseparaiecasesi0caicuiaieffielii11<i1owiiaii1at1i1c · a. Corentine Co. had $152,000 of accounts payable o n September 30 and $132,500 on October 31. Total purchases on account during October were $281 ,000. Determine how much cash was paid on accounts payable during October. Accounts Pa able Payments on account L ./ + 300,500. /I Beginning balance 152,000./ I Purchases on account 281,000./ - 1 !~------~I.Ending balance .,Red te-xt ind'c.ates no response H as exoect~d 132,500 in a ce ll or a fo!lru la· based ca!cu ation is incorre ct: no poin:s d e-rlJcted . b. On September 30, Valerian Co. had a $102,500 balance in Accounts Receivable. During October, the company collected $1 02,890 from its credit customers. The October 31 balance in Accounts Receivable w as $89,000. Determine the amount of sales on account that occurred in October. Accounts Receivable ./ ./ Beginning balance Sales on account Ending balance 102,500. /I Cash receipts on account ./ 102,890./1 89,390. /[ 1 J 89,000 I * Red t:xt ind·c~tes no response \ ·Ja.; :x -::>ect~d 1n a ce!I or a fot1Tula· bas.:-d calcu ation 1s incorrect: no poin:s d edJctetl. c. During October, Alameda Company had $102,500 of cash receipts and $103,150 of cash disbursements. The October 31 Cash balance w as $1 8,600. Determine how much cash the company had at the close of business on Septembe r 30. Cash Cash receipts 102,500. /I Cash disbursements Beginning balance 19.250.11. I Ending balance "Red to:i« ind'cates no respon ~ 18,600 wa-s ex :iect~d 1n a cell or a forrrula· base-d caku ation is incorrect; no points de-tlucted . 103,150./ 2. award: 1 out of 1.00 point · · ··· ··· ··· ··· ··· ··· ··· ··· Folio,.,iii'9are ifie iiaii'saciionsc;1anewcompany caifod Pose for Files · Aug . 1 Madison Harris, the ow ner, invested $12,250 cash and $52,675 of photography equipm ent in the company. 2 The company paid $3,500 cash for an insurance policy covering the next 24 months. 5 The company purehased office supplies for $2, 328 cash. 20 The company received $3,900 cash in photography fees earned. 31 The company paid $877 cash for August utilities . Prepare general journal entries for the above transactions. Date Aug. 1 Cash Photography equipment M. Harris, Capital Aug . 2 Prepaid insurance Cash Aug . 5 Office supplies Cash Aug. 20 Cash Photography fees earned Aug. 31 Debit General Journal Utilities expense Cash ./ ./ ./ Credit 12,250. / 52,675./ 64,925./ ./ ./ 3,500./ ./ ./ 2,328./ ./ ./ 3,900./ ./ ./ 877./ 3,500./ 2,3284 3,900./ 877./ 3. award: 0.98 out of 1.00 point The transactions of Dexter Company:" a. Kacy Spade, ow ner, invested $1 4. 750 cash in the company. b. The company purc hased office supplies for $428 cash. c. The company purchased $8,157 of office equipment on credit. d . The company received $1,7 40 cash as fees for services provided to a customer. e. The company paid $8,157 cash to settle the payable for the office equipment purchased in transaction c. f. The company billed a customer $3,127 as fees for services provided . g . The company paid $530 cash for the monthly rent. h. The company collected $1 ,313 cash as partial payment .for the account receivable created in transaction f. i. Kacy Spade withdrew $900 cash from the company for personal use. Prepare general journal entries to record the transactions above for Spade Company by using the following accounts: Cash ; Accounts Receivable; Office Supplies; Office Equipment; Accounts Payable; K. Spade, Capital; K. Spade, W ithdraw als; Fees Earned; and Rent Expense. Use the letters beside each transaction to identify entries. II Date a. II ./ ./" - General Journal Cash K. Spade. Capital - ,,. b. 14,750./ 14,750./ - ./ 428./ ./1 Cash 428./I ./ ./' 8,157./ 1,740./ Fees earned ./ ./' ·Accounts payable ./ 8,157./ ·- .ti c. Office equipment Accounts payable d. Cash Cash - >-- g. Fees earned Rent expense Cash - - ./ ./ 3, 127./ ./ 530./ - ./ 1 K. - - 530./ 1,31 3./ >-- -e ./ Spade, Withdrawals 8,157./ 1,313./ "t >- >-- 3,127./ .ti Cash Accounts receivable 1,740./ ·- 1 h. 8, 157./ - I Accounts receivable f. I. Credit ~ Office supplies e. Debit 900./ ./'. Cash 900./I Post the abov e journal entries to T-accounts, which serves as the general ledger for this assignment. Determine the ending balance of each T-account. Cash ./ ./ ./ a. d. 11. Balance 14,750.tl b 1,740./l e. 1,31 3./19 · 7,788 11. : ./ ./ ./ 8,157./ ./ 900./ Accounts Receivable 428./1 f . ' I I ' I 530./ I' Balance 1 313./' 1,81 4 I I •Red t,:xt 1nd-cat~s no respon~ w-a-s .:xpected 1n a ce ll or a fcnru la · bas~ calcu ·ation 1s i:icorrect: no point'S de ducted I b. j Balance I Office Supplies ./ + x 428./I I J + I c. 428 Balance Accoun~ayable Xe L - .I IBalance ' 8.1 57.,I' 8,157 I Office Equipment ./ + 8.157./I _ [, 8, 157 - I - rm I K. Spade, Capital -- I a. ·1 I @alance ./ 4I 14,750./ 14,750 * Red t~Kt ind·ca.tes no resirons:.e v1as ex oect~d ir. a cell or a forrru!a·baie-:I calcu ation is incorrect; no points dedu.aed K. Spade, Withdrawals I. IBalance I r= IBalance ./ I 900.11 900 I Rent Expense 530.11 - -- I I I 530 I Fees Earned 1· *Red text ind·c.at.:s no responsa \11as exDect~d in a cell or a forrru la · bas~ calcu aticn is i-,correct; no points de.ducted. ' IBalance Id It. I ./ 1,740./' .I 3,127./ 4,867 I I 4. award: 1 out of 1.00 point The transactions of Spade Company: Kacy Spade, owner, invested $10,250 cash in tlhe company. The company purc hased office supplies for $297 cash. The company purchased $5,668 of office equipment on credit. The company received $1 ,210 cash as fees for services provided to a cust omer. The company paid $5,668 cash to settle the pay able for the office equipment purchased in transaction c. The company billed a customer $2 ,173 as fees for services provided. The company paid $515 cash for the monthly rent. The company collected $913 cash as partial pay ment for the account receivable created in transaction f. i. Kacy Spade, withdrew $900 cash from the company for personal use. a. b. c. d. e. f. g. h. Prepare the Trial Balance. (Th e items in the Tr ial Balanc e shou ld be grouped as follows: Assets, Liabil ities, Equ ity, Revenues, and Expenses .) SPADE COMPANY Trial Balance May 31 , 2013 Debit Cash ./ $ Office supplies ./ ./ ./ ./ ./ ./ ./ ./ Office equipment Accounts receivable Accounts payable K. Spade, Capital K. Spade, Withdrawals Fees earned Rent expense Totals Credit 4,993./ 297.,/ 5,668./ 1,260./ 10,250./ 900./ 3,383./ $ 515./ 13,633 1$ 13,633 5. award: 1 out of 1.00 point ····· ·· ·· ·· ·· ·· ·· · c;3;:,11e;;:; cam.:Y oileiaies acoiisLiitli19 firmcaffea Heiil i'ociay. oil Au9usl 31 ;i11e compaiiY:'s recor<ls · ·· ·· ·· ·· ·· ·· ·· · · show the following accounts and amounts for the month of August. Use this information to prepare an August 31 balance sheet for Help Today . Cash Accounts receivable Office supplies Land Office equipment Accounts payable C. Camry, Capital, July 31 $ 8,490 17,900 3,330 54,000 19,000 21,790 C. Camry, W ithdrawals $ Consulting fees earned Rent expense Salaries expense Telephone expense Miscellaneous expense Owner inv estment made on August 3.800 4 4,200 15,200 4,690 8,140 620 420 80,000 HELP TODAY Balance Sheet ./ ./ As of August 31 Assets: ./ Liabilities: Cash ./ $ Accounts receivable ./ Office supplies ./ Land ./ Office equipment ./ Total Assets 8,490./ Accounts payable 21 ,790./ 17,900./ 3,330./ Equity: ./ 54,000./ C. Camry, Capital 19,000.1 102,720 Total Liabilities and Equity 80,930./ I -----~ ./ $ 102,720 I --'----'---~ ·~~~~~==' 6. award: 1 out of 1.00 point ·······································Asoie?ioj)ilei0isiil?haci·1i1e foiiOwlnii asseisanciiiaillfltiesai iiie be91iii11ii9and.end c;1·1fiisyear:···· Beginning of the year End of the year Assets Liabilities $ 66,500 106,500 $ 28,509 43,133 Determine the net income earned or net loss incurred by the business during the year for each of the following separate cases a. b. c. d. Owner made no investments in the business and no withdrawals were made during the year. Owner made no investments in the business but wi·thdrew $700 cash per month for personal use. Owner made no withdrawals during the year but did invest an additional $45,000 cash. Owner withdrew $700 cash per month for personal use and invested an additional $25,000 cash (Decreases in equ ity should be ind icated with a minus s ign .) b. a. $ 37,991 Owner investments 0 Withdrawals by owner 0 Net income (loss) End of the year- Equity $ d. c. $ 0 (8.400)./' 25,376./ 33,776./ 63,367./ $ 63,367 37,991 1$ 45,000./ 0 (19.624)./ $ 63,367 1$ 37,991 25,000./ (8,400)./ 8.776./ 63,367 7. award: 1 out of 1.00 point comiluiethe iiilssli19amouni iOi eachoiii1efoiiowin9sei:>araiecomi>anles aihraLi9hcf(t:osses and am ounts to be deduct ed should be in dicated with a minus sign.) (a) $ Equity, D&ember 31 , 2012 0 '$ 99,000 Owner withdrawals during the year (93,000)~ Equity, December 31 , 201 3 95,0 00 ' 101,000 0 $ 106,000~ Owner investments during the year Net income (loss) for the year (c) (b) 1$ (d) 0 $ 0 90,255 208,878 (53,000) ( 11 .000) (55.000) 44,970 (3,000) (45,000)~ 76,255~ $ 108,878 97,970 $ I For each of the posting errors under parts (b) to (g), complete the following: 1. Enter the amount of the difference between trial balance columns (debit and credit) due to the error. 2. Identify the trial balance column (debit or credit) with the larger amount if they are not equal. 3. Identify the account(s) affec ted by the error. 4. Indicate the amount by which the account(s) question (3) is under- or overstated. Item (a) is completed as an example. a. $ 1,270 debit to Rent Expense is posted as a $1 , 720 debit. (1) Difference between Debit and Credit Columns $ 450 (2) Column w ith the Larger Total Debit (3) Identify account(s) incorrectly stated Rent Expense (4) Amount that account(s) is overstated or understated Rent Expense is overstated by $450 8. award: 1 out of 1.00 point · · · · · · · · · · · · · · · · · · · b: s2)'.~4o ciecilt to cash is pasieci iwice as iwocrediisto cas11 ( 1) W hat is the difference between Debit and Credit Columns Difference $ 2,540'21 (2) Identify the column with the larger total ® Credit Debit G None 0 (3) Identify that account that is incorrec tly stated @ Cash V Revenue 0 Cash and Revenue (4) Which of the accounts are overstated or understated and by what amount. (You may se lect more than one answer. Click the box with a c heck mark for correct answers and click to empty the box for the wrong answ ers.) Iii Cash is Understated by $2,540 D Cash is Overstated by $2,540 D Revenue is understated by $2,540 D Revenue is overstated by $2,540 D None 9. 1 out of 1.00 point c:: $s;oao <lehli io iiie WiiiiCiiawals accoi.iiiiTs'Ciet>iie<l ioovliier's ca?iiaC ( 1) What is the difference between Debit and Credit Columns Difference $ 0 (2) Identify the column with the larger total 0 Debit O Credit ® None (3) Identify that account that is incorrectly stated ® Owner's Capital & Withdrawals Common Stock Withdrawals 0 0 (4) Which of the accounts are overstated or understated and by what amount. (You may select more than one answer. Click the box with a check mark for correct answers and click to empty the box for the wrong answers.) ~ Owner's capital account is understated by $5.080 ~ Withdrawals account is understated by $5,080 D None D Owner's capital account is overstated by $5,080 D Withdrawals account is overstated by $5,080 10. 1 o ut of 1.00 point d . $1 ,120debit to PrepakiTi1sLiraiice ls posied as a debit to Insurance Expense ( 1) What is the difference b e~Neen Debit and C redit Columns Difference $ 0 (2) Identify the column with the larger total O credit ® None 0 Debit (3) Identify that account that is incorrectly stat·ed 0 Prepaid insurance ® Prepaid insurance and Insurance expense 0 Insurance expense (4) Which of the accounts are ov erstated or un derstated and by what amount (You may select more than one answer. Click the box with a check mark for correct answers and c lick to empty the box for the wrong answers.) Iii Insurance expense is overstated by $1 ,120 Iii Prepaid insurance is understated by $1 ,120 D None D Insurance expense is understated by S1, 120 D Prepaid insurance is overstated by $1 , 120 - 11. award: 1 out o f 1.00 point ···· ·· ·· ·· ·· ·· ·· · e. s2:f22sciebii iaMacfiineiY is?osiedas adebit ioAccac1nisPayabie · ( 1) What is the difference between Debit and Credit Columns Difference $ (2) Identify the column with the larger total ® None Debit O c redit 0 (3) Identify that account that is incorrectly stated 0 Machinery 0 Accounts Payable <!>Machinery and Accounts Payable (4) Which of the accounts are ov erstated or understated and by what amount (You may select more than one answer. Click the box with a check mark for correct answers and click to empt y the box for the wrong answers.) 1if Accounts payable is understated by $22,225 1if Machinery is understated by $22,225 D Machinery is overstated by $22,225 D Accounts payable is overstated by $22,225 D None award: 12. 1 out o f 1.00 point ·······································t: ··s;3:44o.cieciii io.seiVlces Reveiluelsi>asie<l··353··s344creCiii·•··· (1) What is the difference between Debit and C redit Columns Difference $ 3,096.,1 (2) Identify the column with the larger total O None O Credit ® Debit (3) Identify that account that is incorrectly stated O cash ® Services Revenue 0 Services Revenue and Cash (4) Which of the accounts are overstated or understated and by what amount (You may select more than one answer. Click the box with a check mark for correct answers and click to empty the box for the wrong answers.) D Services revenue is overstated by $3,096 Ii! Services revenue is understated by $3,096 D Cash is overstated by $3,096 D Cash is understated by $3,096 D None 13. award: 1 out of 1.00 point ii: s31o<lei:iii iO sioiesLipiJ1ies lsiioi i>osie<l·.· · ( 1) What is the difference between Debit a nd Credit Columns Difference $ 310~ (2) Identify the column with the larger total O None Debit <!1Credit 0 (3) Identify that account that is incorrectly s tated (!) Store Supplies 0 Store Supplies and Cash O cash (4) Which of the accounts are overstated o r understated and by what amount. (You may select more t han one answer. Click the box with a check ma rk for correct answers and click to empt y the box for the wrong answers .) Ii! Store supplies is understated by $31 0 D Store supplies is overstated by $31() D Cash is overstated by S310 D Cash is understated by $310 D None You are told the column totals in a trial balance are not equal. After careful analysis, you discover only one error. Specifically, a correctly journalized credit purchase of a computer for $8,500 is posted from the journal to the ledger with a $8,500 debit to Office Equipm ent and another $8,500 debit to Accounts Payable. The Office Equipment account has a debit balance of S20,145 on the trial balance. Answer each of the following questions and compute the dollar amount of any misstatement. 14 ' award: 1 out of 1.00 point ............................................................................................................................................................................................................ Part (a through d ): For each of the following statements: 1. Select the appropriate choice from the 'Account Staltus' column 2. In cases where the amount is understated or overstated, use the 'Amount' column to fill in the amount by which the account or trial balance total is understated or overstated. (Enter the amounts understated with a minus s ign .) Statements - 15. a. The debit column total of the trial balance b. The credit column total of the trial balance c. The balance of the office equipment accou111t in the trial balance d. The balance of the accounts payable account in the trial balance Account Status - Amount Overstated ./ $ 8,500./ Understated ./ $ (8,500)./ Correctly stated ./ $ Understated ./ $ award: 1 out of 1.00 point ····································· e:···il.ii1e<le5iicoiui11ii..iotat oiifiefrlat tiataiice .is $its;soobefofecorrecilil9ii1e ;;;;:c;;:; V1i1ai ·1stiieioiar··· of the credit column before correction? Total of the credit column $ 161,500./ 0 ( 17,000)./ -
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Homework connect chapter accounting 2

She kept moaning and begging, and I just relaxed and enjoyed this lust and debauchery. I fucked her in the mouth. Literally. Long.

ch 2 Homework P2-1A \u0026 P2-2A

Finally spring came, and the cold left us. On this day, a young man who recently turned 21 came to a small town. Stanislav decided to visit the house of his grandmother, who died several years ago and bequeathed this house to him. It was located almost on the outskirts of the city near the forest, so there were very few people there.

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Skeptically examining himself in the mirror, he opened the front door. Amazing. She dressed specially for cleaning. She pulled on a tracksuit, very tight for her plump figure.



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