Record transactions 1 through 15 on the attached worksheet. Initial balances are already registered in the same.
Transaction 1: Purchased from $70.000 direct materials credit and taken to the warehouse.
Transaction 2: $67.000 materials are used in the manufacture of products.
Transaction 3: $20.000 is paid for wages and wages to production employees.
Transaction 4: Pay $38.000 for salaries to employees working in the sales and administration areas

Transaction 5: The purchase of furniture to be used in the sales and administrative offices is paid 5,000,000.
Transaction 6: Depreciation of company furniture is recognized, including that purchased for offices in Event 5. The annual depreciation charge is 6.5k.
Transaction 7: 4.000,000 are paid for manufacturing equipment.
Transaction 8: Depreciation of the company's manufacturing equipment, including that purchased at the event, is recognized

Transaction 9: $8.000 indirect manufacturing costs are recognized; $2.400 were paid in cash and $5.600 were a credit
Transaction 10: Completed units are transferred to the warehouse for the amount of $102.000.
Transaction 11: $4.300 are paid for ads and other promotional expenses.
Transaction 12: Merchandise is sold to customers for $160.000; $64.000 cash and $96.000 credit.
Transaction 13: Inventory sold on transaction 12 had a cost of $98.000.

Transaction 14: $90,000 is received from customers who have purchased on credit.
Transaction 15: $75,000 is paid to creditors.

Determines the final balances of each column.

With the info provided complete the tables in the document

  
 
 

Transcribed Image Text:

Estado de Resultados "Balance Sheet" Activos (Assets) Pasivos Patrimonio de los Dueños Estado de Resultados Inventarios Liabilities Stockholder's Equity Income Statement Cuentas por Trabajo en Productos Cuentas por Acciones Ganacias Ingreso Efectivo Cobrar Materiales Proceso Terminados Equipo Mobiliario pagar Comunes Retenidas Ingresos Gastos Neto Flujo de Efectivo Transacción Cash A/R + Materials W/P F/G + Equipment + Furniture A/P C/S R/E Revenues - Expenses N/I Cash Flow Bal Inicial 2,000 5,000 3,000 10,000 7,000 50,000 12,000 2,500 30,000 56,500 1 70,000 70,000 67,000 67,000 3 20,000 38,000 5,000 20,000 20,000 4 38,000 3,800 38,000 38,000 5,000 5,000 6. 6,500 6,500 6,500 6,500 7 4,000 2,006 4,000 4,000 2,006 8,000 8 9 2,400 5,600 2,400 10 7,102 7,102 6,000 160,000 6,000 160,000 11 6,000 64,000 6,000 6,000 64,000 12 96,000 160,000 13 798 798 798 798 14 90,000 90,000 90,000 15 75,000 75,000 75,000 Bal Final 5,600 11,000 6,000 99,904 13,304 51,994 10,500 3,100 30,000 165,202 160,000 51,298 108,702 Estado de Resultados "Balance Sheet" Activos (Assets) Pasivos Patrimonio de los Dueños Estado de Resultados Inventarios Liabilities Stockholder's Equity Income Statement Cuentas por Trabajo en Productos Cuentas por Acciones Ganacias Ingreso Efectivo Cobrar Materiales Proceso Terminados Equipo Mobiliario pagar Comunes Retenidas Ingresos Gastos Neto Flujo de Efectivo Transacción Cash A/R + Materials W/P F/G + Equipment + Furniture A/P C/S R/E Revenues - Expenses N/I Cash Flow Bal Inicial 2,000 5,000 3,000 10,000 7,000 50,000 12,000 2,500 30,000 56,500 1 70,000 70,000 67,000 67,000 3 20,000 38,000 5,000 20,000 20,000 4 38,000 3,800 38,000 38,000 5,000 5,000 6. 6,500 6,500 6,500 6,500 7 4,000 2,006 4,000 4,000 2,006 8,000 8 9 2,400 5,600 2,400 10 7,102 7,102 6,000 160,000 6,000 160,000 11 6,000 64,000 6,000 6,000 64,000 12 96,000 160,000 13 798 798 798 798 14 90,000 90,000 90,000 15 75,000 75,000 75,000 Bal Final 5,600 11,000 6,000 99,904 13,304 51,994 10,500 3,100 30,000 165,202 160,000 51,298 108,702

Answer rating: 100% (QA)

Cash Accounts receivable Raw materials Work in process Finished goods Manufacturing equipment net Furniture net Accounts payable Common stock Retained ... View the full answer