Notes Pay Wages Pay Common Stock 200,000.00 $ 24 Revenue APIC Retain Earnings 176,167.00 Account Titles Expense Net Income Туре Amoun 100,000.00 | $ 550.000 Financing Financing Investing Non Cash 550.0 $ 1,500,0 (300,0 550.000 950,000 52,500 52,500 52,500 (29,150) Non Cash (29,150) 29,150 $ Non Cash Operating Operating Non Cash Non Cash 70,0 I$ (117.2 612,500 (254,100) 612.500 612.500 254,100 $ (254,100) Non Cash Operating Operating Non Cash Non Cash 472.5 (218.6 700,000 (272,850) 700,000 700,000 (272,850) 272,850 $ Non Cash Operating Operating Non Cash Operating Operating 735,0 8 (494,1= (30,000) (75,708) (40,000) (150,000) (87,500) 30,000 S 75,708 S 40,000 S 150,000 $ (150,000) 87,500 S (30,000) (75,708) (40,000) (30,0 (75,7 40,000 Operating Operating $ (150,01 (87,5 (87,500) 24 (50,000) $ (38,500) 2$ 38,500 $ (38,500) Operating 24 (88,5 $ (37,429) 2$ 37,429 $ (37,429) Non Cash (10,000) Non Cash Financing (10.0
Notes Pay Wages Pay Common Stock 200,000.00 $ 24 Revenue APIC Retain Earnings 176,167.00 Account Titles Expense Net Income Туре Amoun 100,000.00 | $ 550.000 Financing Financing Investing Non Cash 550.0 $ 1,500,0 (300,0 550.000 950,000 52,500 52,500 52,500 (29,150) Non Cash (29,150) 29,150 $ Non Cash Operating Operating Non Cash Non Cash 70,0 I$ (117.2 612,500 (254,100) 612.500 612.500 254,100 $ (254,100) Non Cash Operating Operating Non Cash Non Cash 472.5 (218.6 700,000 (272,850) 700,000 700,000 (272,850) 272,850 $ Non Cash Operating Operating Non Cash Operating Operating 735,0 8 (494,1= (30,000) (75,708) (40,000) (150,000) (87,500) 30,000 S 75,708 S 40,000 S 150,000 $ (150,000) 87,500 S (30,000) (75,708) (40,000) (30,0 (75,7 40,000 Operating Operating $ (150,01 (87,5 (87,500) 24 (50,000) $ (38,500) 2$ 38,500 $ (38,500) Operating 24 (88,5 $ (37,429) 2$ 37,429 $ (37,429) Non Cash (10,000) Non Cash Financing (10.0
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter7: Receivables And Investments
Section: Chapter Questions
Problem 7.11E
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