Question No.6 The following data of HASF Companyis available with you. You arerequired to prepare the followings. Particulars Debit Credit 100,000 124,500 12,000 25,000 100,000 500,000 CASH INVENTORY ACCOUNTS RECEIVABLES SHORT TERM INVESTMENT FURNITURE BUILDING UNEARNED REVENUE ACCOUNTS PAYABLE ACC.DEP.PLANT-FURNITURE ACC.DEP.BUILDING EQUITY CONSULTANCY REVENUE REPAIR EXPENSE RENT EXPENSE INSURANCE EXPSNES OTHER GENERAL EXPNSE UTILITY EXPENSE SALARIES EXPENSE INTEREST EXPENSE DEPRECIATION EXPENSE SALARIES PAYABLE ТOTAL 27,000 9,000 5,000 6,000 200,000 650,000 2,000 3,500 1,000 1,200 6,000 10,000 11,000 2,000 897000 897,000 Required Income Statement Statement of Owner's Equity Balance Sheet

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter1: The Role Of Accounting In Business
Section: Chapter Questions
Problem 1.3.5MBA: Return on assets The financial statements of The Hershey Company (HSY) are shown in Exhibits 6...
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Question No.6
The following data of HASF Company is available with you. You are required to prepare the followings.
Particulars
Debit
Credit
CASH
INVENTORY
100,000
124,500
ACCOUNTS RECEIVABLES
12,000
25,000
SHORT TERM INVESTMENT
FURNITURE
100,000
500,000
BUILDING
27,000
9,000
5,000
6,000
200,000
650,000
UNEARNED REVENUE
ACCOUNTS PAYABLE
ACC.DEP.PLANT-FURNITURE
ACC.DEP.BUILDING
EQUITY
CONSULTANCY REVENUE
2,000
3,500
1,000
1,200
6,000
REPAIR EXPENSE
RENT EXPENSE
INSURANCE EXPSNES
OTHER GENERAL EXPNSE
UTILITY EXPENSE
SALARIES EXPENSE
10,000
INTEREST EXPENSE
800
DEPRECIATION EXPENSE
11,000
SALARIES PAYABLE
2,000
897000
TOTAL
897,000
Required
Income Statement
Statement of Owner's Equity
Balance Sheet
Transcribed Image Text:Question No.6 The following data of HASF Company is available with you. You are required to prepare the followings. Particulars Debit Credit CASH INVENTORY 100,000 124,500 ACCOUNTS RECEIVABLES 12,000 25,000 SHORT TERM INVESTMENT FURNITURE 100,000 500,000 BUILDING 27,000 9,000 5,000 6,000 200,000 650,000 UNEARNED REVENUE ACCOUNTS PAYABLE ACC.DEP.PLANT-FURNITURE ACC.DEP.BUILDING EQUITY CONSULTANCY REVENUE 2,000 3,500 1,000 1,200 6,000 REPAIR EXPENSE RENT EXPENSE INSURANCE EXPSNES OTHER GENERAL EXPNSE UTILITY EXPENSE SALARIES EXPENSE 10,000 INTEREST EXPENSE 800 DEPRECIATION EXPENSE 11,000 SALARIES PAYABLE 2,000 897000 TOTAL 897,000 Required Income Statement Statement of Owner's Equity Balance Sheet
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