At the end of April, the first month of operations,

  At the end of April, the first month of operations, the following selected data were
taken from the financial statements of Beth Cato, an attorney:
Net income for April
Total assets at April 30 $125,750
500,000Total liabilities at April 30 180,000Total owner’s equity at April 30 320,000In preparing the financial statements,adjustments for the following data were overlooked:
a. Supplies used during April, $3,100.
b. Unbilled fees earned at April 30, $18,750.
c. Depreciation of equipment for April, $2,700.
d. Accrued wages at April 30, $1,850.
Instructions
1. Journalize the entries to record the omitted adjustments.
2. Determine the correct amount of net income for April and the total assets, liabilities, and owner’s equity at April 30. In addition to indicating the corrected amounts,
indicate the effect of each omitted adjustment by setting up and completing a columnar table similar to the following. Adjustment (a) is presented as an example.
 

Share This Post

Email
WhatsApp
Facebook
Twitter
LinkedIn
Pinterest
Reddit

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

Define presbycusis, name signs and symptoms, etiology and differential diagnosis.

Define presbycusis, name signs and symptoms, etiology and differential diagnosis. Create 3 interventions-education measures with a patient with Presbycusis. List, define and elaborate on three different retinal and macular diseases age-related.   At least 500 words, formatted and cited in current APA style with support from at least 2 academic sources. 

Discuss the relationship between media control and perception of reality

In a well-organized essay of 3-5 pages, Discuss the relationship between media control and perception of reality. In writing your essay, it may be useful to consider the following questions. First, is it possible for even a very powerful government to control the minds of its citizens so thoroughly that

In the Chapter 7 summary, Staggers and Nelson state, “In a way all of us are already informatics nurses.” Reflect on this summary statement and describe a scenario from your clinical experience where Nursing Assignment Help

In the Chapter 7 summary, Staggers and Nelson state, “In a way all of us are already informatics nurses.” Reflect on this summary statement and describe a scenario from your clinical experience where you manipulated data, information, and knowledge to make a wise decision. Focus specifically on the key concepts

Describe a healthcare problem.

A. Write a brief summary (suggested length of 2–3 pages) of the significance and background of a healthcare problem by doing the following: 1. Describe a healthcare problem. Note: A healthcare problem can be broad in nature or focused. 2. Explain the significance of the problem. 3. Describe the current

Reflection Assignment on Refugee Movie In this assignment, you will be looking back at the classes you have had so far and reflect on ways in which you see cultural diversity impacting nursing practic Nursing Assignment Help

Reflection Assignment on Refugee Movie In this assignment, you will be looking back at the classes you have had so far and reflect on ways in which you see cultural diversity impacting nursing practice. You will also complete this assignment by watching the movie “The Good Lie”. Please complete this

Phase I Stabilization program – Premium Paper Help

Premium Paper Help is a professional writing service that provides original papers. Our products include academic papers of varying complexity and other personalized services, along with research materials for assistance purposes only. All the materials from our website should be used with proper references.

Two of the religions that we have studied in the

Two of the religions that we have studied in the second half of the class (Confucianism/Daoism, Shintoism, Zoroastrianism, Judaism, Christianity, Islam, Sikhism, or one of the New Religious Movements of your choice) and compare and contrast their world outlooks, historical development, and their way of life.  How are they similar? 

You will summarize and appraise a quantitative study to determine its potential usefulness to inform nursing practice. As part of this analysis, you will determine the rigor of the investigation and a Nursing Assignment Help

You will summarize and appraise a quantitative study to determine its potential usefulness to inform nursing practice. As part of this analysis, you will determine the rigor of the investigation and appraise credibility.You can do this by answering some key questions about the integrity with which they collected and analyzed

Instructions: You will compose an initial alert and warning based

 Instructions:  You will compose an initial alert and warning based on a series of two suspicious bombings that occurred at noontime in the commercial/downtown district of your community (or nearest city). This alert and warning must be less than 160 words, so conciseness and brevity are important. Due to the

Module 05 Content As a portion of security compliance, one

  Module 05 Content As a portion of security compliance, one of the board members used SANS security controls at a former business and was very pleased with its outcomes. Based on this knowledge and to meet the needs of the board members, you have decided on implementing a few

This is a Master Degree Nurse Practioner program minimum of

 This is a Master Degree Nurse Practioner program minimum of 350 words with at least 3 peer review reference in 7 the edition apa style.  Please do not use international references.     Consider a situation in which an adult-gerontology or acute complex chronic patient exhibits symptoms of cardiovascular abnormalities related to

1. (USE YOUR OWN WORDS TO WRITE AROUND 200 WORDS

1. (USE YOUR OWN WORDS TO WRITE AROUND 200 WORDS TO ANSWER QUESTIONS BELOW, AT LEAST 1 PEER REVIEWED REFERENCE) For this discussion scenario, you have been hired to develop the launch of a new product for fast weight loss for a new start-up called ABC Company. Answer the following

Question 1 Briefly describe the technologies that are leading businesses

   Question 1 Briefly describe the technologies that are leading businesses into the third wave of electronic commerce. Question 2 In about 100 words, describe the function of the Internet Corporation for Assigned Names and Numbers. Include a discussion of the differences between  gTLDs and sTLDs in your answer. Question

RESPOND TO STUDENTS POSTS Dominique post This week we discuss

RESPOND TO STUDENTS POSTS Dominique post This week we discuss different analytical techniques, in regards to operating a business. In many businesses, Capitol investments are mandatory. Business homes certainly are going to be anxious to know when they will recover such an initial cost of an investment. When evaluating potential capital

Instructions You are a parent/ and or volunteer of a

 Instructions You are a parent/ and or volunteer of a pop Warner football team and have been asked by the team sponsor/manager to assist with the management of the following risk events that could occur during the season: Referees failing to show up at designated games. Fighting between teams. Pivotal

The National Preparedness Goal documents 31 core capabilities that address

The National Preparedness Goal documents 31 core capabilities that address the greatest risks to the nation.  The 31 capabilities are grouped into the 5 mission areas of the National Preparedness Goal (i.e., prevention, protection, mitigation, response, recovery). http://www.fema.gov/core-capabilities (Links to an external site.) (Links to an external site.) and http://www.fema.gov/mission-areas (Links to an external site.) (Links to