Question: Journal entry worksheet 123 567 8 Peconstruct the fournal entry for cash paid for operating expenses, incorporating the change in the related balance sheet account(s),













Journal entry worksheet 123 567 8 Peconstruct the fournal entry for cash paid for operating expenses, incorporating the change in the related balance sheet account(s), if any. Nintes Enter delits belore vendes. Use the following financial statements and additional information. Journal entry worksheet Noter Enter debita before credita. Journal entry worksheet \begin{tabular}{llllll|llllll} 1 & 2 & 3 & 4 & 5 & & 7 & 8 & & 13 \end{tabular} Reconstruct the journal entry for income taxes expense, incorporating the change in the related balance sheet account(s), if any. theter Cinter debte beforn oredes. Journal entry worksheet Nutei Cnter debitu before condka. Journal entry worksheet 3 4 5. 6 7 8 13 Reconstruct the fournal entry for cash parments for irventory, incorporating the change in the related balance sheet account(s). if any. Journal entry worksheet 1 2 3 4 5 6 8 13 Reconstruct the entry to recold the retirement of the $35,000 note payable at its $35,000 carrying (book) value in exchange for cash. Finter Enter debita before eredita Journal entry worksheet Hebei Entwr debits before credits. Additionel Informetion - A $35,000 note poyable is retired at its $35,000 carrying (book) value in exchange for cash b. The only changes affecting retained earnings are net income and cash dividends paid. c. New equipment is acquired for $66,000cash. d. Received cash for the sale of equipment that had cost $55,000, yielding o $3,100 gain e. Prepoid Expenses and Wages Poyable relate to Other Expenses on the income statement. f. All purchoses and sales of inventory are on credit. Using the income statement, the comparative balance sheet, and the additional information given above, reconstruct the entries for the summarized activity of the current fiscal vear. Upon completion, the trial balance tab should agree with the June 30,2021 balances. Journal entry worksheet Peconstruct the Joumal entry for cash receipts from customers, incorporating the change in the related balance sheet account(s), if any. Journal entry worksheet \begin{tabular}{|c|c|c|c|} \hline & Aicose tifie & onses & Orea \\ \hline \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} Journal entry worksheet 145678 Reconstruct the entry for the issuance of common stock. Noter Enter debits before credits. Using the income statement, the comparative balance sheet, and the additional information given above, reconstruct the summarized activity of the current fiscal year. Upon completion, the trial balance tab should agree with the balances. Journal entry worksheet Notei Enter debits before credits. Journal entry worksheet Nebet Enter debita before creita. Additional Information a. A $35,000 note payoble is retired at its $35,000 carrying (book) value in exchange for cash. b. The only changes affecting retained earnings are net income and cash dividends paid. c. New equipment is acquired for $66,000 cash. d. Recelved cash for the sole of equipment that had cost $55,000, ylelding o $3,100 goin e. Prepaid Expenses and Wages Payable relate to Other Expenses on the income statement. f. All purchoses and sales of inventory are on credit. Using the income statement, the comparative balance sheet, and the additional information given above, reconstruct the entries for the summarized activity of the current fiscal year. Upon completion, the trial balance tab should agree with the June 30,2021 balances: Journal entry worksheet [1234 67813 Reconstruct the journal entry for the sale of equipment at a gain, incorporating the change in the related balance sheet account(s), if any. Notei Enter debits belore credis
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