Module 2 Homework T-AccountsWould you please solve the following T-Account problems. Please show the formula to find the amount and do not use Excel to show this as it does not help me understand. I need the formula typed out. Left Side of Account $Beginning Balance $40000 4/12 $5000 4/20 $UNKOWN Right Side of Account 4/6 $8000 4/18 $25000 Ending Balance $35500 2) Left Side of Account Beginning Balance $800 8/7 $500 8/14 Unkown Ending Balance $1800

Module 2 Homework T-AccountsWould you please solve the following T-Account problems. Please show the formula to find the amount and do not use Excel to show this as it does not help me understand. I need the formula typed out. Left Side of Account $Beginning Balance $40000 4/12 $5000 4/20 $UNKOWN Right Side of Account 4/6 $8000 4/18 $25000 Ending Balance $35500 2) Left Side of Account Beginning Balance $800 8/7 $500 8/14 Unkown Ending Balance $1800

Century 21 Accounting Multicolumn Journal

11th Edition

ISBN:9781337679503

Author:Gilbertson

Publisher:Gilbertson

Chapter1: Starting A Proprietorship: Changes That Affect The Accounting Equation

Section: Chapter Questions

Problem 2.1AP

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Module 2 Homework T-Accounts Would you please solve the following T-Account problems. Please show the formula to find the amount and do not use Excel to show this as it does not help me understand. I need the formula typed out. 1) Left Side Beginning Balance $40000 $5000 Ending Balance ?? Right side of account Beginning Balance $8000 $2500 2) Beginning Balance $4800 $1500 $6000 $ 8700 Ending Balance $10100 Right Side $ UNKOWN $1200 $4200 .
Module 2 Homework T-Accounts Would you please provide the correct answers for these T-Account problems. Please provide a clear formula and explanation on how to find the missing amount. No Excel answer format. 1) Left Side 6/4 $1500 6/8 $2000 Right Side Beginning Balance $3000 6/6 Unknown 6/29 $3400 Ending Balance $6700
PARRISH 2-7 (T-ACCOUNTS)Please solve the missing amount for this T-Account and explain how you go about solving the missing amount. DO NOT SOLVE THIS SIMPLY BY ENTERING NUMBERS IN AN EXCEL SPREADSHEET AND POSTING THE ANSWER. WRITE OUT AND EXPLAIN IN A MATHEMATICAL EQUATION TYPE FORMAT HOW I WOULD GO ABOUT SOLVING A MISSING AMOUNT FOR A T-ACCOUNT! Accounts Payable Left Side of T-Account6/4 Transaction A $15006/8 Transaction C $2000 Rigth Side of T-Account6/1 Beginning Balance $30006/6 Transaction B UNKNOWN6/29 Transaction D $3400Ending Balance $6700
MOUDLE 2 HOMEWORK-FINDING MISSING T-ACCOUNT AMOUNT Please solve and EXPLAIN how the missing amounts in the following T-Accounts are found. I understand what a T-Account is, I just need to know the method for finding out a missing transaction or balance. Please do not use Excel as that is more difficult for me to understand. Prefer a X=a +b format. 1) FIND MISSING CREDIT AMOUNT LEFT SIDE OF T-ACCOUNT Transaction $6,000 RIGHT SIDE T-ACCOUNT Beginning Balance $6,000 Transaction- Amount Unknown Ending Balance $6,000 2) FIND MISSING DEBIT AMOUNT LEFT SIDE OF T-ACCOUNT Transaction-Amount Unknown RIGHT SIDE OF T-ACCOUNT Beginning Balance $30,000 Transaction $25,000 Transaction $3,500 Ending Balance $40,500 3) FIND MISSING CREDIT AMOUNT LEFT SIDE OF T-ACCOUNT Beginning Balance $0 Transaction $1,500 Transaction $6,000 Transaction $8,700 Ending Balance $14,700 RIGHT SIDE OF T-ACCOUNT Transaction-Amount Unknown
T-Accounts I need to know how to solve T-Account Equations. I am providing some examples. If you could give me the answer to the missing amount and also tell me how you arrived at that amount it will help solve future equations.Example 1This is a Cash Account-DebitI need the beginning balance.The Debits are 2,500 4,000 3,400The Credits are 4,500 2,200 3,500The ending Debit Balance is 9,800Example 2 Liability AP-CreditI need an unknown amount for the credit side.The Beginning Credit Balance is 3,000There is one known credit for 3,400The debits are 1,5002,000And the Ending Credit Balance is 6,700Example 3 Inventory (Asset)-DRI need the ending balanceBeginning Balance is 40,000Debits are 5,000Credits are 8,000 and 25,000What is the Ending Balance?Example 4 Taxes Payable Liability (CR)I need an unknown Debit amount.Beginning Balance is 30,000The credits are 25,000 and 3,500The Ending Balance is 40,500
PARRISH 2-7 (T-ACCOUNTS)Please show and tell me how to find the missing amounts in this T-Account. I asked this question before and the individual failed miserably at "answering" my question. I am asking not only for the answering for the missing amount in this T-Account, BUT how you solve for that missing amount. I would like it explained clearly and not through simply a shot from an Excel spreadsheet. I have attached their answer so you can see what I am referring to and how it did not help in anyway. Thank you. SALARY EXPENSELeft Side of T-Account2/1 Beginning Balance $800002/15 Transaction B $200002/28 Transaction C $6000ENDING BALANCE ??? Right Side of T-Account2/10 Transaction B $10000 ENDING BALANCE???
T-ACCOUNTS (Beginning Balance and Debit Side) Please explain how to find the missing amounts. Show formula/equation typed out. Please do not use an Excel entry as that does not help me. Also could you tell me what role the dates for each transaction or entry is important? 1) The following are on the left side of the T-Account 1/1 Beginning Balance ? 1/3 Transaction A $2,500 1/15 Transaction B $4,000 1/28 Transaction E $3,400 Ending Balance $9.800 This is on the right side of the T-Account 1/16 Transaction C $4,500 1/20 Transaction D $2,200 1/29 Transaction F $3,500
Parrish 2-8 Pg. 38 Please put the following transactions in a T-Account format and find the missing amount and explain how you arrived at that amount. Accounts Receivable On the left side of the T-Account 1) 8/1 Beginning Balance $4800 2) 8/7 Transaction A $1500 3) 8/14 Transaction B $6000 4) 8/29 Transaction E $8700 On the right side of the T-Account 1) 8/15 Transaction C-Amount unknown 2) 8/19 Transaction D $1200 3) 8/30 Transaction F $4200
Parrish 2-7 Pg. 36For this T-account calculate to find the missing amounts.Assume the beginning and ending balances are on the normal side of the account. That being the side where the balance increases. Transactions listed as A, B, or C are not specificed 1) 2/1 Beginning balance $80000 Debit2) 2/15 Transaction A $20000 Debit3) 2/28 Transaction C $6000 Debit4) 2/10 Transaction B $10000 CreditNow find the Ending balance ?
PARRISH 2-7 SOLVING FOR T-ACCOUNTS I know what T-Accounts are and how they work. I simply need you to find the missing transaction amounts in the following examples. Please show your formula or method used, BUT not in an Excel spreadsheet format. Also are there different formulas to use to find the missing transaction amount depending on if it is an asset, expense, liability etc. If so please explain that as well. Thank you. Salary Expense Left Side of T-Account 2/1 Beginning Balance $80000 2/15 Transaction A $20000 2/28 Transaction C $6000 Ending Balance-UNKOWN Right Side of T-Account 2/10 Transactiono B $10000 Service Fee Revenue Left Side of T-Account Transaction C-UNKOWN Right Side of T-Account 3/1 Beginning Balance $6000 3/6 Transaction A $3000 3/22 Transaction B $3500 Ending Balance $10500 Cash Left Side of T-Account 1/1 Beginning Balance-UNKOWN 1/2 Transaction A $2500 1/15 Transaction B $4000 1/28 Transaction E $3400 Ending Balance $9800 Right Side of T-Account 1/16…
Ma1. Question 11. Which of the following is not a catetory found in the Content Pane of Dynamics GP? Options: A.Cards B.Inquiry C.Print D.Reports Question 12. The typical size of a business that is most likely to use MS Dynamics GP is options: A.Fewer than 50 employees B.250-500 employees C.2500 - 5000 employees D.More than 5000 employees Question 13. Which of the following features allows you to view information about a customer and then begin entering an invoice for that customer? options: A.Lists B.Reports C.Inquiry D.SmartLists Question 14. Which of the following statements is not true regarding the Navigation Pane? options: A.You can choose not to show specific series/functions on the Navigation Pane B.You can change the order in which series/function areas appear on the Navigation Pane C.If you hide a series/function so it doesn’t appear on the Navigation Pane, it is removed from your Dynamics GP system D.It can be hidden in order to make the Content area larger…
Test: Second Exam F17 This Question: 1 pt The entry to write off an account receivable under the allowance method will T A. increase total assets O B. increase net income C. reduce net income D. have no effect on net income Click to select your answer Search the web and Windows