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Comprehensive Problem #2 Chapter 9
- From Business: Accounting
- Closed, but you can still post tutorials
- Due on Jun. 20, 2012
- Asked on Jun 19, 2012 at 4:23:05PM
Q:
Pinkerton Corporation's trial balance at December 31, 2011, is presented below. All 2011 transactions have been recorded except for the items described after the trial balance.
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Debit
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Credit
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Cash
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$ 28,000
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Accounts Receivable
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36,800
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Notes Receivable
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10,000
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Interest Receivable
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–0–
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Merchandise Inventory
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36,200
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Prepaid Insurance
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3,600
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Land
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20,000
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Building
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150,000
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Equipment
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60,000
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Patent
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9,000
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Allowance for Doubtful Accounts
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$ 500
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Accumulated Depreciation—Building
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50,000
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Accumulated Depreciation—Equipment
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24,000
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Accounts Payable
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27,300
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Salaries Payable
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–0–
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Unearned Rent
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6,000
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Notes Payable (short-term)
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11,000
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Interest Payable
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–0–
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Notes Payable (long-term)
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35,000
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Common Stock
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50,000
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Retained Earnings
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63,600
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Dividends
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12,000
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Sales
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900,000
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Interest Revenue
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–0–
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Rent Revenue
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–0–
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Gain on Disposal
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–0–
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Bad Debts Expense
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–0–
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Cost of Goods Sold
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630,000
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Depreciation Expense—Buildings
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–0–
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Depreciation Expense—Equipment
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–0–
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Insurance Expense
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–0–
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Interest Expense
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–0–
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Other Operating Expenses
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61,800
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Amortization Expense—Patents
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–0–
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Salaries Expense
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110,000
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Total
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$1,167,400
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$1,167,400
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Here is the answer ...but i am not sure about the last question so here is the first two answers...
- This tutorial hasn't been purchased yet.
- Posted on Jun 19, 2012 at 4:35:40PM
A:
Preview: ... is the first two a ...
The full tutorial is about 19 words long .
here is # A ansered - the journal entries
- This tutorial hasn't been purchased yet.
- Posted on Jun 19, 2012 at 4:45:23PM
A:
Preview: ... is is just "A" answ ...
The full tutorial is about 13 words long plus attachments.
Attachments:
Prepare journal entries for the transactions listed above..docx (14K)
(Preview)
Chapter 9 Comprehensive Problem 2 Pinkerton Corporations trial balance at December 31, 2011
- This tutorial was purchased 1 time and rated A+ by students like you.
- Posted on Jun 19, 2012 at 7:00:37PM
A:
Preview: ... r your tutorial. If you have any questions or issues with the downloading or viewing of the file, please let me know so I can send you a more compatible version of ...
The full tutorial is about 148 words long plus attachments.
Attachments:
Chapter 9 Comprehensive Problem 2 Pinkerton Corporation's trial balance at December 31, 2011.xlsx (18K)
Chapter 9 Comprehensive Problem 2 Pinkerton Corporation's trial balance at December 31, 2011.xls (36K)
Comprehensive Problem 2 Pinkerton Corporations
- This tutorial hasn't been purchased yet.
- Posted on Sep 05, 2012 at 6:23:30PM
A:
Preview: ... ed
If you have any ...
The full tutorial is about 15 words long plus attachments.
Attachments: Comprehensive Problem 2 Pinkerton Corporations.doc (42K)
(Preview)
