Course: Managerial Accounting Subject: Caset#1 1. Tanya purchased a trailer park, sole proprietonhip, on Jan1, 2010....

 

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Course: Managerial Accounting Subject: Caset#1 1. Tanya purchased a trailer park, sole proprietonhip, on Jan1, 2010. She did not reaont her action during the fint f months of the yer, t's April 30. nd she jut kept a recond of her canh payments nd ch ecripts follow Description Cash Receipts Cash Payments Investment for the business shares Rental revenue Wages Equipments Insurance Maintenance Supplies Utilities Tanya's withdrawal She also shows the following infoemation from her documents 1. There is an unpaid invoice for $1.000 maintenance 2. One of the employees has not yet been paid for 10 days of sork. The wage ia S15 per hour and the work day is 8 houn 3. Equipments will depreciate eqally ever 4 years and there is no residual vahae at the nd of their kife time 4. Insurance was prepaid on Jan 1"for the entine year 5. The balance of upplies was S300 at the end of April. 6. There was an unpaid unility bill of S800 7. One of the tenants has not yet paid her Apeil ret for S1.200. 8 Included in S120,000 rental revene i the amount that a enant has prepaid for a year starting in Janary 2010. The ret in $200.000 120,000 30,000 24.000 3,600 6,000 1.500 1,600 36000 $300 per month Write the balance of each given item (in the table) on April 30, 2010. Item AR Cash Prepaid Insurance Supplies Uncamed Revene Valee Itrm Capital Enltes Payable Maintenane Pavghle Wages Payable Corret Bubolbnes Long Tem Lihities Cament Asets Loeg Tem Asets Focal Aets Total L es LOaner's EgatyA-L Ower Captal eveeOaner's Wdwalape Valor Revenue Depreciation of Equipments Wages Exp Maintenance Expse Supply espenie Insurance Expee Total Expens Course: Managerial Accounting Subject: Caset#1 1. Tanya purchased a trailer park, sole proprietonhip, on Jan1, 2010. She did not reaont her action during the fint f months of the yer, t's April 30. nd she jut kept a recond of her canh payments nd ch ecripts follow Description Cash Receipts Cash Payments Investment for the business shares Rental revenue Wages Equipments Insurance Maintenance Supplies Utilities Tanya's withdrawal She also shows the following infoemation from her documents 1. There is an unpaid invoice for $1.000 maintenance 2. One of the employees has not yet been paid for 10 days of sork. The wage ia S15 per hour and the work day is 8 houn 3. Equipments will depreciate eqally ever 4 years and there is no residual vahae at the nd of their kife time 4. Insurance was prepaid on Jan 1"for the entine year 5. The balance of upplies was S300 at the end of April. 6. There was an unpaid unility bill of S800 7. One of the tenants has not yet paid her Apeil ret for S1.200. 8 Included in S120,000 rental revene i the amount that a enant has prepaid for a year starting in Janary 2010. The ret in $200.000 120,000 30,000 24.000 3,600 6,000 1.500 1,600 36000 $300 per month Write the balance of each given item (in the table) on April 30, 2010. Item AR Cash Prepaid Insurance Supplies Uncamed Revene Valee Itrm Capital Enltes Payable Maintenane Pavghle Wages Payable Corret Bubolbnes Long Tem Lihities Cament Asets Loeg Tem Asets Focal Aets Total L es LOaner's EgatyA-L Ower Captal eveeOaner's Wdwalape Valor Revenue Depreciation of Equipments Wages Exp Maintenance Expse Supply espenie Insurance Expee Total Expens

Answer rating: 100% (QA)

Balances of given item on April 302010 Item 1200 Capital 217300 ... View the full answer