Week 7 Accounting

"Use this page to type out problems that do not require the use of the other worksheets "The other worksheets contained in the workbook include useful templates for each week 's assignment "19-1 " Stock "Book Value "Total Stockholders ' Equity "Number of Shares Outstanding "Book Value 200 ,000 20 per share "10000 "Common Stock "Book Value "Total Common Stockholders ' Equity Retained Earnings - Dividend Arrears "Number of Shares Outstanding "Book Value 400 ,000 80 ,000 - 15 ,000 11 .625 per share "40000 "20-1 "HELLER "LANGLE "Operating Income "100000 "100000 "Less : Bonds Interest Expense "20000 "0 "Less : 30 Tax Expense "24000 "30000 "Net

Earnings "56000 "70000 "Total Outstanding Stock "30000 "30000 "Earnings per Share "1 .667 "2 .333 "Name "General Journal "GENERAL JOURNAL " Date " Account Titles and Explanation "P . R "Debit "Credit "19-2 "No entry required for July 9 20X6 "17-Jul "20X6 "Retained Earnings "150000 "Dividends Payable "150000 "19-3 "06-Aug "20X1 "Retained Earnings "112000 "Common Stock "60000 "Additional Paid-in Capital "42000 "To record issue of 6 ,000 common stock "20-2 "02-Jan "20XX "Cash "800000 "Bonds Payable "800000 "02-Jul "20XX "Bond Interest Expense "40000 "Bond Interest Payable "40000 "02-Jan "20XX "Bonds Payable "800000 "Cash "800000 "20-3 "02-May "20XX "Cash "294000 "Bond Discount "6000 "Bonds Payable "300000 "02-Nov "20XX "Bond Interest Expense "15000 "Bond Interest Payable "15000 "02-Nov "20XX "Amortization Expense "500 "Bond Discount "500 "02-May "20XX "Bonds Payable "300000 "Cash "300000 "Name "Part 1 "Name "General Ledger "GENERAL LEDGER " Accounts Receivable "Cash "ACCOUNT NO . ____ " Date " Explanation "P .R "DEBIT "CREDIT "BALANCE " Office Supplies "Accounts Receivable "ACCOUNT NO . ____ " Date " Explanation "P .R "DEBIT "CREDIT "BALANCE " Prepaid Insurance "Inventory "ACCOUNT NO . ____ " Date " Explanation "P .R "DEBIT "CREDIT "BALANCE "Computer Equipment "Long-Term Notes Payable "ACCOUNT NO . ____ " Date " Explanation "P .R "DEBIT "CREDIT "BALANCE "Sales "ACCOUNT NO . ____ " Date " Explanation "P .R "DEBIT "CREDIT "BALANCE " Buildings "Sales Discounts "ACCOUNT NO . ____ " Date " Explanation "P .R "DEBIT "CREDIT "BALANCE "XX Services "Trial Balance "January 31 , 200x "Cash "Accounts Receivable "Prepaid Rent "Accounts Payable "Unearned Service Revenue "Ann Duncan , Capital "Ann Duncan , Withdrawals "Service Revenue "Wages Expense "Fuel Expense "0 "0 "Name ______________________________________ "Depreciation "Beginning-Year "Depreciation "Annual "Year-End "Period "Book Value "Rate per Period "Depreciation "Book Value "XX Company "Worksheet "6 /30 /200x "Account Name "Trial Balance "Adjustments "Adjusted Trial Balance "Cash "0 "0 "Accounts Receivable "0 "0 "Supplies "0 "0 "0 "Prepaid Insurance "0 "0 "0 "Office Equipment "0 "0 "Accum Deprec_Office Equip "0 "0 "0 "Accounts Payable "0 "0 "0 "Unearned Revenue "0 "0 "0 "Terri Julius , Capital "0 "0 "Terri Julius , Withdrawals "0 "0 "Service Revenue "0 "0 "0 "Utilities Expense "0 "0 "Wages Expense "0 "0 "0 "0 "0 "0 "Insurance Expense "0 "0 "Supplies Expense "0 "0 "Deprc Expense_Office Equip "0 "0 "0 "0 "0 "0 "0 "0 "0 "0 "Balance Sheet "Date "ASSETS "LIABILITIES EQUITY "Account Title "Amount "Account Title "Amount "Assets "Liability "Total Liabilities "Equity "Total Equity "TOTAL ASSETS "TOTAL LIABILITIES AND EQUITY "Income Statement "Date "Account Title "Amount "Revenue " Total Revenue "Expenses "Account Title...