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  • Wacay Chapter 14 Acctg 9A

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    Donalyn Bannagao
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    11 views8 pages

    Wacay Chapter 14 Acctg 9A

    Uploaded by

    Donalyn Bannagao

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content
    of 8
    — Weea, Wwe lyows DS Aces W Fresems Na. Securstis Pair Value Mystrnint. Tra Varealreed Helduig Gara 2 Loss beome b. Searrhis Fer Vole Aitpastmint Araibje Bie Sle Som _ Yrreodtcedd filling Gren or Lass $.000 Zouity cc. Te Vmrtalreee _fbleliig Stns Income aunt is rpeckl a are jnome oes is Poperkl 4% @ part of ether Compprenci Drei Capa cate a ST cece NE PA a PO SN he Seourthis Frau Voilye Aclustrent occount collect of Pe frailabe tr-sale % Trading Soourthes atiomt to anrne at fair Veluwe Re mane a Nee eae on (Fee.00 Pra) = 32,600 Taterest Porenve [Go x 0.1ex eo) + = Fee ee 2.10% Vell i ve ag 2g Mer, 3) 4 3] Petty Gash S00 Cash Cash ],200 Interest Rerenye, [(20,000 x 0.12 x 42)] Restage Expense _ to Office Supplies Bxpense 170.65 ___ Tromsportetién Bxpens 45) Misellancous Expense 418-50 2c oe Coch Shor? Gro) Over: : ewer aS Cash [ 125. 5~ (50D ~ 3409-15)] Cosh (7.1500 + Fo00) 2,100 Interest Pecervable (20,200 x0.12xY_ , AG bands) 200 Divicknd Perene Ikpect Perec [( i000 x 010% Gn) + (20,000 x 0.12 « /eJ] Vortah2ee| lorase/Deerase in Veluc of Avenfoble ~fr Soke Scourthis | 42,600 (In500~ 39,000) | 90b Alicwance tor Change in Vile of lovestrtrr} Pestoge Expense 140 Office Supplies Expense 75. 30 Msscellaneous Prpense, S4. 2 Cach B691F Fae 200 19.90 Requirement 2 AMADA coppopATION Ponk Peconctlicitton March 3), 7OX@ Balance per bank stakment Depusits i transit Tete Lees; Oxtstanding Checks Adyskd cash balonee Palonce per mpany records hole calected by bol i F500 bkerest on nate loo Tote Less: Bonk somnie charge FF 20 KEE cheok retuned 75-Go Adysked cagn Sabonce, Pegunermat 8 : ene May, 3) Cash ae: 1.600 Hoks Provable Interest Peverue 3) Miscellaneous Eayperse 20 Accounts Pecesvenble, 75-60 Cash F 13,459. 7 2,100 F S81. 5 2, Bus. 40 F 13.19.35" F879 4G00 F 13289. 95:00 F1B,194. 35° 4300 100 5400 eee ee ee ee B Eecaee a tED Didone] Poromag, ~Joxte (10100 sh x1) - Varealeed tnerase 1 value, of owailalie forsale Seurthes -12/s1feoro [ 10.000 x (F63-Fe0) | Cornyiig vevbue of prveshrrenp. “10/5)) 20x (iooonsh x63) | Recoupe rae nt 2 Inesinent Income ~20%% (499.000 x00) Iestment Income ~ 20x7 [(7 500, 0 x 0.10) + lF-200, ow 0.4) | Omync, vali, > |2/31/2087 Lis, ome + 1.950. om + 90, 0% — 54,0 (10,00 % 135 ; woh /es)] ( F024, 7 Fh 960 Om / Zeon sh > PES FS » (Qo FOS, 000 da. The cuudetiig abcdries anol prowdures relat te fre Laritee mest ment Aceont are as Follows. OmexTVES Preepvrec 41. |Asertanm that the shares est and ore ovmed| Bramne Ye shores for exittnce and by Pele i a 2 [toblich caechss of bring blaze in stra, Exammne, Inch park Ctuokit work pmpec, cepunt S | Pekrmine per approval of the 296% purchaw.| Examunie: clnéctor’s panies onthonerig. the froncoction, 4 |Estabich fre “ext of shores purchased |Examme brokers’ actvicy mel cancefest va Text. cbreck. Fer a deiind prter (1g: Sonor and fer). Determine tat foe prper amgunt of dirdends were secewved , Pry recoraledt as 0 deertas, fh Hoe mmestment camysng valuuc, andl cleppesitec| jy te bank. 6 | fscortan th Yhat Pelle has properly Keorded t& shares of Larike meome Examine Loribeet jncome sblement ohef Pele! Jounal eohy rt amy, to resord ik chore of fhe as an increase th Pye peshatnt account. Income. b, If this Imrustnenp is aqttcant yp relorhoh to Bebels pled asset , ancl Jor if strc of Laribee Income is Sep Cant relahye fo Belles patel incing, | Flores Joust racist foot qe Fancaf stakments of Lanbee be aahked eoten by Cagtro® trary or by over ImOtpondent CPAs. & File Menutochorng onpang Investment th barrbee nobus Pres December 1, 20%7 1213y/x7 Final balance ~ ,000 shares Fw, ow ce Ip he Parchasee| I:S0D shares, 75,000 *@ Welsfre —— Ledyr Potance 25,000 Avet 210, 8D fap — pad Palen F385, 000 oa a 2 OE ees pe eae Ase 4 cs a -Orotnciry 7 | F 210,00 Dwrictind Peremue 40,000 Lauaity i» Income of Yrccnsolidaty Subsictory F250, 0m To adjust —tmvestrrte# octount for excess of Elke’ Store of Laribee income over lerrbee lanidencte Pondends : l/s 500) °F Th] x8 (12, %) “He of ke (isi) Tete : ar F (40.00) aes: Income : We FF] min DID X. fort ne : F 210,000 S Compared wi Je/31/7 work Pes

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