Question Make a transaction for each of the following general journal. Bank Cash 10000 10000 Account Payable Motor Vehicle 50000 50000 Account Payable Purchase Retum 30000 30000 Cash Sales Discount Sales 25000 10000 35000 Account Payable Purchase Discount Cash 45000 9000 36000
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Q: Make a transaction for each of the following general journal. Bank 10000 Cash…
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- you need to use the 10-k form of the Apple inc. in order to be able to answer the question link to form:https://www.sec.gov/ix?doc=/Archives/edgar/data/320193/000032019320000096/aapl-20200926.htm#ief781ab58e4f4fcaa872ddbd30da40e1_163 Question: On what financial statement(s) do you find "Cash and cash equivalents" (or similarly-named account)? Please include the specific name of the statement(s) directly from the 10-K. Each company may call the statement(s) slightly different names. On what page number are these financial statements?Incorporate the following data into Bank X's revenue statement. Each item should be labelled and placed in the proper category and order. Commission ,exchange and brokerage received.Income on InvestmentsInterest paid on depositsPayments to and provisions for employeesInterest paid on BBI/ interbank borrowingsInterest/discount received on advances/billsIncome from leasing/hire purchaseInterest paid-othersProfit on exchange transactionsRent, taxes, lightingInsuranceLaw chargesProfit on sale of land, buildings and other assetsMiscellaneous incomeAuditor’s fees and expensesPrinting and stationaryProfit on sale of investmentsDepreciation on bank’s propertyIncome by way of dividends and subsidiariesAdvertisement and PublicityInterest earned – othersDirector’s fees, allowances and expensesMiscellaneous incomeRepairs and maintenanceOther expensesPostage, telegram, telephone and other communication expensesInterest received on balances with RBI and interbank funds.How effective is the organization in collecting its receivables? Use the Hillside, Inc. Balance Sheet information in cells A2 through D18 and cells A21 through B38 to complete the Financial Performance Calculations in cells A40 through C60. Table 1: Hillside, Inc. Balance Sheet ($ in Millions) ASSETS LIABILITIES Cash & Marketable Securities 449.90 Accounts Payable 1,611.20 Accounts Receivable 954.80 Salaries Payable 225.20 Inventories 3,645.20 Other Current Liabilities 1,118.80 Other Current Assets 116.60 Total Current Liabilities 2,955.20 Total Current Assets 5,165.27 Other Liabilities 693.40 Machinery & Equipment 1,688.90 Land 1,129.70 Total Liabilities 3,648.60 Buildings 2,348.40 Depreciation (575.60) SHAREHOLDER'S…
- What are the step(s) when using the Sales with Payment customer workflow? A. Create sales receipts deposited to the Undeposited Funds account > Create Bank Deposit B. Create Sales Receipt deposited to the checking account C. Create Bank Deposit D. Create Invoice > Receive Payment deposited to the Undeposited Funds account > Create Bank DepositPROBLEM RECOGNITION TASK Determine the maximum deposit insurance coverage by PDIC in the following items. 2. Janard Lindio has the following deposit accounts in a closed bank: Janard Lindio and Clifford Agustin P600,000 Janard Lindio and Anthony Agarin P800,000 Janard Lindio and Patrick Reyes P900,000 What is the maximum deposit insurance coverage as far as Janard is concerned?As a company accounts payable manager, which of the following credit terms are most likely to entice you to take the cash discount? A. 2/10 net 90 B. 1/10 net 45 C. 2/10 net 60 D. 1/10 net 30
- Why did you select those customer accounts? also how to use a cell reference to enterthe answer for the 1st question? ( Whatis the dollar amount of total receivables? Use a cell reference to input your answer)Define each of the following terms:i. Credit policy; credit period; credit standards; collection policy; cashdiscountsA ____ is an interest-bearing checking account. Group of answer choices NOW account certificate of deposit Treasury bill regular checking account Series EE US savings bond
- NOTES RECEIVABLE DISCOUNTING Madison Graphics had the following notes receivable transactions: REQUIRED Record the transactions in a general journal.Prepare the journal entry to reconcile the bank statement in EB11.ThefollowingtrialbalancehasbeenextractedfromtheledgerofMr.Cole,asoletrader:Trialbalanceasat31December,2020ParticularsDebit¢Credit¢Sales138,000Purchases82,350Travelexpenses5,200Drawings7,800Rent,rates&insurance6,600Postageandstationery3,000Advertisement1,330Salariesandwages26,420Baddebt8,700InvestmentIncome15,890Debtors12,120 Creditors 130 Cashinhand1,700Cashatbank1,000Inventoryasat1January,202011,800Equipmentatcost58,000Loan19,000Capital53,000226,020226,020Inventoryatthecloseofbusinesshasbeenvaluedat¢13,500Required;Prepareanincomestatementfortheyearending31stDecember2020andabalancesheetasatthatdate.