a) Prepare a Worksheet for the question below Account Cash Accounts Receivable Van Equipment Accounts Payable...

  

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a) Prepare a Worksheet for the question below Account Cash Accounts Receivable Van Equipment Accounts Payable Loan Payable Sayed Tara, Capital Sayed Tara, Drawings Sales Salaries Expense Van Expense General Expense Interest Expense Advertising Expense Sayed Tera Trial Balance April 30, 20 - Acc. No, 100 110 150 160 200 220 300 310 400 500 501 502 503 504 Debit $ 2.000 4 200 24 000 8 200 2 500 1 200 100 800 110 890 $44.000 Credit $ 2.500 19 000 14 500 8.000 544 000 b) Make changes to the following two accounts: You have an additional Advertising Expense of $6000 To balance this, you added $6000 to your Bank Loan to pay for the advertising expense. c) Adjust the values on your worksheet. Explain what happens on your worksheet to reflect these changes? What happens to all of the Totals? d) Before making any changes to where your numbers are, what was the main reason for the numbers not balancing? How does this change affect where you place Net Income on your Worksheet? Explain why this matters. a) Prepare a Worksheet for the question below Account Cash Accounts Receivable Van Equipment Accounts Payable Loan Payable Sayed Tara, Capital Sayed Tara, Drawings Sales Salaries Expense Van Expense General Expense Interest Expense Advertising Expense Sayed Tera Trial Balance April 30, 20 - Acc. No, 100 110 150 160 200 220 300 310 400 500 501 502 503 504 Debit $ 2.000 4 200 24 000 8 200 2 500 1 200 100 800 110 890 $44.000 Credit $ 2.500 19 000 14 500 8.000 544 000 b) Make changes to the following two accounts: You have an additional Advertising Expense of $6000 To balance this, you added $6000 to your Bank Loan to pay for the advertising expense. c) Adjust the values on your worksheet. Explain what happens on your worksheet to reflect these changes? What happens to all of the Totals? d) Before making any changes to where your numbers are, what was the main reason for the numbers not balancing? How does this change affect where you place Net Income on your Worksheet? Explain why this matters.

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Please see below for the answer Sayed Tara Trial Balance For the month ended on April 30 ... View the full answer