SULITQUESTION 4The following information summarizes trial balance for food and beveragesdepartment at Kokoro Hotel for the year ended 31 December 2021.Debit (RM)Credit (RM)800,000Account10 years Maybank LoanBeverage AllowanceBeverage RevenuesCapital130160,000646,602Cash and Bank315,000China, Glaand Silve7,779Cost of Beverages SalesCost of Employee Meals40,5109,200Cost of Food Sales144,400Creditor and other Payable48,000Debtor26,200Employee Benefits26,966Food Allowance1,700Food Sales360,000Kitchen Fuel2,074Laundry and Dry CleaningLicenses5,182800Music and Entertainment1,500Operating Supplies11,409Other Cost of Sales2,600Other Revenue6,400Property. Land and EquipmentSalaries and WagesUniforms1,245,770177,2142,5682,021,0022,021,002Required:Prepare the Food and Beverage Department's Income Statement Schedule for theKokoro Hotel for the year ended 31 December 2021.SULIT

Income Statement: It is a financial statement which provide a company's income and expenditures…

QUESTION 4 The following information summarizes trial balance for food and beverages department at Kokoro Hotel for the year ended 31 December 2021. Account 10 years Maybank Loan Beverage Allowance Beverage Revenues Саpital Debit (RM) Credit (RM) 800,000 130 160,000 646,602 315,000 7,779 40,510 Cash and Bank China, Glassware and Silver Cost of Beverages Sales Cost of Employee Meals Cost of Food Sales Creditor and other Payable 9,200 144,400 48,000 Debtor 26,200 26,966 Employee Benefits Food Allowance 1,700 Food Sales Kitchen Fuel Laundry and Dry Cleaning Licenses Music and Entertainment Operating Supplies Other Cost of Sales 360,000 2,074 5,182 800 1,500 11,409 2,600 Other Revenue 6,400 Property, Land and Equipment Salaries and Wages Uniforms 1,245,770 177,214 2,568 2,021,002 2,021,002 Required: Prepare the Food and Beverage Department's Income Statement Schedule for the Kokoro Hotel for the year ended 31 December 2021.

QUESTION 4 The following information summarizes trial balance for food and beverages department at Kokoro Hotel for the year ended 31 December 2021. Account 10 years Maybank Loan Beverage Allowance Beverage Revenues Саpital Debit (RM) Credit (RM) 800,000 130 160,000 646,602 315,000 7,779 40,510 Cash and Bank China, Glassware and Silver Cost of Beverages Sales Cost of Employee Meals Cost of Food Sales Creditor and other Payable 9,200 144,400 48,000 Debtor 26,200 26,966 Employee Benefits Food Allowance 1,700 Food Sales Kitchen Fuel Laundry and Dry Cleaning Licenses Music and Entertainment Operating Supplies Other Cost of Sales 360,000 2,074 5,182 800 1,500 11,409 2,600 Other Revenue 6,400 Property, Land and Equipment Salaries and Wages Uniforms 1,245,770 177,214 2,568 2,021,002 2,021,002 Required: Prepare the Food and Beverage Department's Income Statement Schedule for the Kokoro Hotel for the year ended 31 December 2021.

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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DATA PROVIDEDThe pre-adjustment trial balance of Wing-It (Pty) Ltd as at 31 August 2022 is presented:AccountDebitCreditProfessional fees765 000Goods sold435 000Cost of sales215 000Interest received19 500Interest on loan6 300Bank charges3 200Cleaning1 500Staff welfare650Salaries and wages35 850Municipal services6 850Printing and stationery16 715Telephone18 600Fuel and oil56 000Repairs and maintenance: Building5 200Repairs and maintenance: Vehicles6 850Capital: Blue520 000Capital: Green630 000Drawings: Blue35 000Drawings: Green27 000Current account: Blue2 500Current account: Green6 400Retained income265 000Land500 000Buildings1 500 000Accumulated depreciation on buildings21 000Vehicles380 000Accumulated depreciation on vehicles65 000Equipment and electronics79 500Accumulated depreciation on equipment and electronics1 5008% Long-term loan325 000Bank: FNB168 000Bank: ABSA32 000Debtors control account85 000Allowance for credit losses6 400Creditors control account78 600Petty cash2…
The following unadjusted trial balance is prepared at month-end for Trey Company:TREY COMPANYUnadjusted trial balanceFor month ended February 28, 2003Account title Debit CreditCash $1,500Merchandise inventory 8,000Store supplies 500Prepaid insurance 700Store equipment 24,800Accum. Depr. – store equipment $4,300Accounts payable 7,200Trey A., Capital 15,300Trey A., Withdrawals 1,400Sales 58,800Sales discounts 600Sales returns and allowances 5,600Purchases 27,000Salaries expense 6,500Rent expense 2,000Advertising expense 7,000_________ _________Totals $85,600 $85,600Other Data:a. Store supplies available at month-end amount to $50.b. Expired insurance, an administrative expense, for the month is $350.c. Depreciation expense on store equipment, a selling expense, is $150 for the month.d. Closing inventory at year end is Rs. 6000Required:1. Prepare adjusting journal entries for the above data. 2. Prepare adjusted trial balance for the month ended on February 28, 2003. 3. Prepare a…
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IT IS URGENTTTT Trial Balance of FRS Company’s accounts as of January 31 2020 given as follows: Trial Balance Account Title Debit Credit Cash 372850 Accounts Receivable 48500 Supplies 26000 Prepaid Insurance 10800 Inventory 16425 Equipment 46000 Accumulated Depreciation-Equipment 20000 Accounts Payable 96000 Salary Payable 0 Unearned Sales Revenue 25000 Capital 341800 Withdrawals 0 Sales Revenue 96000 Sales Returns& Allowances 7500 Sales Discounts 1650 Cost of Goods Sold 49075 Insurance Expense Depreciation Expense-Equipment Supplies Expense Salary Expense Total 578800 578800 On January 31, 2018 FRS Company completed following adjusting entries: Expiration of prepaid insurance for one month is 1800$ Depreciation of equipment for the month, $8,500…
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Rasheed Company uses net method to record the sales made on credit. On June 30, 2019, it made a sales of OMR 25,000 with term 3/15, n/45. Prepare the required journal entries, if: (a) On July 7 Rasheed company received full payment. (b) On July 22 Rasheed company received full payment.
The following trial balance was extracted from the books of Fasuha Trading as at 31 December 2020. Particulars Debit RM Credit RM Office equipment 12,250 Motor vehicles 9,150 Furniture 3,600 Accumulated depreciation as at 1 January 2020: Office equipment Motor vehicles Furniture 2,450 1,373 1,060 Account receivables and account payables 6,860 3,632 Capital 29,608 6% loan to Rara 2,500 Purchases and sales 19,110 31,560 Discount 215 175 Advertising 4,250 Cash in hand 1,630 Provision for doubtful debts 300 Commission received 740 6% loan from Afina Bank (taken from 1 May 2020) 8,000 Rent 1,200 700 Drawings 1,900 Maintenance and petrol 1,260 Staff’s wages 4,005 Insurance 1,000 Cash at bank 5,270 Carriage inwards 210 Carriage outwards 250 Telephone and electricity…
The following trial balance was extracted from the books of Fasuha Trading as at 31 December 2020. Particulars Debit RM Credit RM Office equipment 12,250 Motor vehicles 9,150 Furniture 3,600 Accumulated depreciation as at 1 January 2020: Office equipment Motor vehicles Furniture 2,450 1,373 1,060 Account receivables and account payables 6,860 3,632 Capital 29,608 6% loan to Rara 2,500 Purchases and sales 19,110 31,560 Discount 215 175 Advertising 4,250 Cash in hand 1,630 Provision for doubtful debts 300 Commission received 740 6% loan from Afina Bank (taken from 1 May 2020) 8,000 Rent 1,200 700 Drawings 1,900 Maintenance and petrol 1,260 Staff’s wages 4,005 Insurance 1,000 Cash at bank 5,270 Carriage inwards 210 Carriage outwards 250 Telephone and electricity…
The following trial balance was extracted from the books of Fasuha Trading as at 31 December 2020. Particulars Debit RM Credit RM Office equipment 12,250 Motor vehicles 9,150 Furniture 3,600 Accumulated depreciation as at 1 January 2020: Office equipment Motor vehicles Furniture 2,450 1,373 1,060 Account receivables and account payables 6,860 3,632 Capital 29,608 6% loan to Rara 2,500 Purchases and sales 19,110 31,560 Discount 215 175 Advertising 4,250 Cash in hand 1,630 Provision for doubtful debts 300 Commission received 740 6% loan from Afina Bank (taken from 1 May 2020) 8,000 Rent 1,200 700 Drawings 1,900 Maintenance and petrol 1,260 Staff’s wages 4,005 Insurance 1,000 Cash at bank 5,270 Carriage inwards 210 Carriage outwards 250 Telephone and electricity…

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