ates 4 40:0. = = ba AL d Jub — st bua 4a. db = = Problem H4 _pactnss'e Oviginal Inecdmentlouae? <2 yang —4_Hroilan Laban sa bach peop Land 4,a50000- wc —Lnwentovy. 540,000 7 Nots_ Payable 380,000 ——lobausa,fapital — 4.260.000 Stans lemee 2 To_tcovd the snitial (nv: 7 Of Labauca, . pote N salir al agi ee nena es eee seeee ee Cash 4, 490.000 ——Palhag, Capita, 4.990.000 g i Mh oe breeds, 00. 4.360,-000 S4p, 000ae jon of —a—Parknerchip— —— dung_45 ——Eauip nan — 409,019 <<< centre — a + 54,000 it air dt gl acts — tio tata 8 ty van nba. feat — 7. Problem 4d Books —of Espanol —fllogiancepowncalectle account Ali. 09) —Lnventovy - 20,00) Adumulated Depreciation 44,000. 45,000. Espanol t apital To vetobd adjustments to_vectato — Espanal Capital hooks_of spanol filonance fot lWncolloai be _@comnty 10,00 —Rccounts Payapie 49,000. Basler ai on tt: bop —Lcpano|,tapital - 430,000 Cash, = 30, DOD. Accownts Receivable. oe 48D, 000. Lnyent ory 40,000 Equipment 424, 000. ———1n_tlose_tne poo’ of _€cpamnolBooks oF Pay nevanip——§ Cash a — Accounts feecivadte. 460,000. Inventory —_—Avo,.009 —Equipincu tf, 000 ee Set eee anon ss say > Accumulated _epreciotion Rpg —— Allowance tor tincaleotilele Reenuats tn Espana. tagifal 420,000 va" ———lo_tecnrd_inctinat_og cepa ~ Canc — 430.009 Selicona + Capital ee Tove dovd_telicana_tinvest meut - wheat obs Sich Be e —Shaterent_of Financial Pgcition = January. 1, 2004 - = Asse}s — . 2 Lountrcnt asset - -_ Cash a ttle, 000 Accounts Reccivable 150,000 ——Legs-_fllomanceor_Uncallecbfe Aecouy—______o.on0 440,009 —Anventory png tice E10} ECan nh cep eee te Non=cuvecat_fiscets Equi pmcat _ - 444,000, = P4490. 000Dwiner’s taquity a i & tap 330,00. lenna. capital : 420.006. Tota tte opt at ant lt we _ Total viabilitioe oomeh's tyuity 24,490. 000 Problem a4 — = i Mules, Capital gn gp —— fMomance for _Wncolectble Pevouyie 0d 0 A Allowsance poy uuncallectible. Accounfs angio Mules s Capital 444,000 1 7 bx Mules, Capital tt Anvent vy. * 111, 500 6+_Mules. Capital —— Prepaid rent _—_______. —t_fules, Capital 90,000 Stotg_quipment = 40,000. Mules, Capital E 54.00 Accumulated —Depreciatich — i. 500 e-_No_avy, WuicroryTinea sabi tnt — 304,000 - ae Recounts Receivable on ——nvont ory ——Rrepoid_ton___- = f ——-Gtorg_tquipment Oe a 1b rgcotrd adjustments to_rectate. — a oT ———Mulles, Capita _____ - : 7 Notes_Rayable os 330,000 = Accounts Payable —— 905, 800 —___—____—— = —Moullesscopital tg, 09 a — << 119.90 ________ —Accowls feceivane — 4,144,009 —Anvent ory. a — 400,000. —— Store. ‘aig — — = wet evappenppr delt Inte” ——n_tlose the books. of Mules OO — Book of Partnerehip Lach. — 19.00 1 Hhccautts yeccivabers” agg pno tyes sm Swentovy ——___—$90,.n__ Store _equipmen —— 600.900. Nlotcc Payable —— 880.000. Accounts Payable _ — = 506,600. Mulles, capita _ = = . 1,892,000. ——1o_record_tine iene op — a —— — Mules a _ _ ash 443.000 Lond - — —500,-D00_ - 1.460, pod Ma: a ial wo 1,888, 000 Me tnvectents OE Laceha keeMulles & Lucena Gorago % Sales Gtatoment oF Financia) Pocition Niemi tad ofa Accounts eceivahte 4-499, 000 __ we — 400 nan = quid foe: er A 000. | Total_Ssete : one 7 eS 2 5.u04 0 “Sana oy ty —— : Accounts Payal pd, oo : Notes payatie a 4,000. : i —Mulies , capita a 7 f tic. capita : 303.000 Total vinbitiee ond noua eyuiy ee ie Problem a : Adjustments _ a. Mcdina, capital ___ — Ce si ey 108.400. Pree — 36,400 ——Mebthnandise Larentary, Beginning, — afi, Abo —Mevchandige tovontory., Ending _____4,400 Dalangin, capita a 3,200. pang = ug.000_ | Media. trap fe “am | Se. WorerooyA 4,090 —_— in i es Medina, Capital (uo.n00- Not Royale ina nbs Foto tien a Cash a 44,.000- —Accomitts_Receiualgly 530,,100. Mey cnaidisefinyewty sa 409 —Djplce Supplies gn —Land 403,.000__ — Building: 491,000 —Dypice_tgplpnet ‘tu, 009. —Repaivtayipmunt 194,000 —ANomance fo Ucalletily Rocnuntg gt gpg Motes Payalolu uo 000 Accounts Payal 40000 Mortgage tayatte. 90.000. Medina, capital 805,000 o_yccovd_yncdina ijnuestnenk Wvicrory32 : 40,000 Accounts Reeds 409,-400— Metchpudice Lmnudbey 308,000 - Prepaid Ben 4,000 Dpto _tupplis- 4,060 Dyin eq uomnent —4o.000 aon tot dnote han 44,400 ——Recouls Yaya, - AY, ud — ——Dodamgin,coptoh —____§ 34,190 ——lntecord Bato ineatment Problem #t_t _ — = Books of evan — ts —Guron Capital, 14,900. Allowance ter ultclicei er faut ———49,000_—_____ Lwventorics 5.500. Othoyt isco — 14090 —1t_trepedodjustments te vestate toon capita) books of Yuwnof $$ ___isire> ss Yumyo\-» Capita — — 43.800 —Alfawance fou Unalla gible Recon ago Avontovicg, —— (a0. ——athor frases = - 3.000 Books of Geren “Btewutce yoy ne tecowy ta, OQ ee Recounts Daya vio. 434,440 —Neles_Dayayye “100,-000 S's Capt, bid. 430 ae 4.009 h yao 134,53 Wvictory94, $30 Loarrod— - : u03,-200 foryinure _Hirtureg ___________—$9 otha Hyer nooks 06 Gtian. book. if Yung —Hilowtse. for tncallcti e_fccounts 00 Recounts Payable a Notes Payer 245, 009. ~Yviols capita 433, 05. = — Cash 7 Fue Accounky Keceivasse. -_ sur 990 Anwortati es 2,40 building 418-104 Furnitiee Fochures 44, 499 — Boake 1} Partinerslalp Lag) — 44,090 —Freeounrslcceivoble Anuowoyics Lana. Rwanthoe4,_tixiaes —Allomange tor Unealecilole taunt ggg —ReosuntDayamte Mos Raggy gga yg Green's Conti - uta, a At recotd ta thaeghinant 2h Gein Can - 1s a3q Runs Reaivakke a ggg Taverns, 153, gn Weicrorytexas Layali 143_1UsD- Notes. Yoadartel 245,000. ——Yysnal!s Capitan U83-05¢ Groin ti Yuan) July 4,109 = : = Pcce ts _ 7 Cash 33, ass 1 Pecsouds frvcri vedo 404,444 — Mlowoncy for Uyealteedile Preowks __s, gp 343, 424 mend 203, gap i Pullding, 4ve, 203 — Lond 4 ot _ usenituye_@ Pittueens S434 r a 4. 2bS, MNP — Lig biliticn. A Own _fqulis - —frecoug ss Payaloty _ 422, $90. - Nokca Paya year = 5,000 a Geasnin's Capita ug Ite r . ct att L 43, 089. 7 Kobt icbliitio ord dumu’'s Equity, - Pa Auss WyYuurn\ pitt wor Wa 51.000 £900, S509. W400 W700 000 Looe 4,90.