Question

In: Accounting

he Golda Bear items listed below for the month of September, 2016. Owner’s Capital, September 1...

he Golda Bear items listed below for the month of September, 2016.
Owner’s Capital, September 1 $47,000
Accounts payable 7,000
Equipment 35,000
Service revenue 28,000
Owner’s Drawings 6,000
Insurance expense 4,500
Cash 3,000
Utilities expense 700
Supplies 4,800
Salaries and wages expense 9,000
Accounts receivable 14,000
Rent expense 5,000

Answer the following questions.

Prepare an income statement for the accupuncture practice of Golda Bear.

!. September 30th

2. For the month ended September 30th

3. For the Year ending September 30th

Link to similar format i want the question answered in:

https://www.chegg.com/homework-help/questions-and-answers/golda-bear-items-listed-month-september-2016-47-000-7-000-35-000-28-000-6-000-4-500-3-000--q32072245

Solutions

Expert Solution

Answer :

ekkarill92 answered 2 years ago
Next > < Previous

Related Solutions

Listed below are the transactions of Chris Kawabata, D.D.S., for the month of September. Sept. 1...
Listed below are the transactions of Chris Kawabata, D.D.S., for the month of September. Sept. 1 Kawabata begins practice as a dentist and invests $23,810 cash. 2 Purchases dental equipment on account from Green Jacket Co. for $18,420. 4 Pays rent for office space, $752 for the month. 4 Employs a receptionist, Michael Bradley. 5 Purchases dental supplies for cash, $985. 8 Receives cash of $1,750 from patients for services performed. 10 Pays miscellaneous office expenses, $480. 14 Bills patients...
Listed below are the transactions of Leon Kawabata, D.D.S., for the month of September. Sept. 1...
Listed below are the transactions of Leon Kawabata, D.D.S., for the month of September. Sept. 1 Kawabata begins practice as a dentist and invests $21,130 cash. 2 Purchases dental equipment on account from Green Jacket Co. for $17,520. 4 Pays rent for office space, $770 for the month. 4 Employs a receptionist, Michael Bradley. 5 Purchases dental supplies for cash, $1,015. 8 Receives cash of $1,720 from patients for services performed. 10 Pays miscellaneous office expenses, $530. 14 Bills patients...
Listed below are the transactions of Morgan Kawabata, D.D.S., for the month of September. Sept. 1...
Listed below are the transactions of Morgan Kawabata, D.D.S., for the month of September. Sept. 1 Kawabata begins practice as a dentist and invests $ 23,340 cash. 2 Purchases dental equipment on account from Green Jacket Co. for $ 18,180. 4 Pays rent for office space, $ 798 for the month. 4 Employs a receptionist, Michael Bradley. 5 Purchases dental supplies for cash, $ 1,036. 8 Receives cash of $ 1,740 from patients for services performed. 10 Pays miscellaneous office...
Listed below are the transactions of Kenneth Clark, D.D.S., for the month of September. Sept. 1...
Listed below are the transactions of Kenneth Clark, D.D.S., for the month of September. Sept. 1 Clark begins practice as a dentist, invests $18,790 cash and issues 1,879 shares of $10 par stock. 2 Purchases dental equipment on account from Green Jacket Co. for $18,300. 4 Pays rent for office space, $620 for the month. 4 Employs a receptionist, Michael Bradley. 5 Purchases dental supplies for cash, $880. 8 Receives cash of $1,830 from patients for services performed. 10 Pays...
Tristar Production Company began operations on September 1, 2021. Listed below are a number of transactions...
Tristar Production Company began operations on September 1, 2021. Listed below are a number of transactions that occurred during its first four months of operations. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) On September 1, the company acquired five acres of land with a building that will be used as a warehouse. Tristar paid $190,000 in cash for the property. According...
Tristar Production Company began operations on September 1, 2018. Listed below are a number of transactions...
Tristar Production Company began operations on September 1, 2018. Listed below are a number of transactions that occurred during its first four months of operations. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) On September 1, the company acquired five acres of land with a building that will be used as a warehouse. Tristar paid $150,000 in cash for the property. According...
Tristar Production Company began operations on September 1, 2018. Listed below are a number of transactions...
Tristar Production Company began operations on September 1, 2018. Listed below are a number of transactions that occurred during its first four months of operations. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) On September 1, the company acquired five acres of land with a building that will be used as a warehouse. Tristar paid $270,000 in cash for the property. According...
Tristar Production Company began operations on September 1, 2021. Listed below are a number of transactions...
Tristar Production Company began operations on September 1, 2021. Listed below are a number of transactions that occurred during its first four months of operations. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) On September 1, the company acquired five acres of land with a building that will be used as a warehouse. Tristar paid $110,000 in cash for the property. According...
Tristar Production Company began operations on September 1, 2021. Listed below are a number of transactions...
Tristar Production Company began operations on September 1, 2021. Listed below are a number of transactions that occurred during its first four months of operations. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) On September 1, the company acquired five acres of land with a building that will be used as a warehouse. Tristar paid $220,000 in cash for the property. According...
Tristar Production Company began operations on September 1, 2018. Listed below are a number of transactions...
Tristar Production Company began operations on September 1, 2018. Listed below are a number of transactions that occurred during its first four months of operations. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) On September 1, the company acquired five acres of land with a building that will be used as a warehouse. Tristar paid $290,000 in cash for the property. According...
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT