What are the changes to the balance sheet, income statement, job costledger, and equipment ledger as a result of all of these invoices?
The following invoices are being entered into the accounting system. Usingthe chart of accounts in Figure 2-1, determine the changes to the balancesheet, income statement, job cost ledger, and equipment ledger as the resultof entering each of the following invoices:a. A $5,000 invoice for concrete charged to job cost code 302.01.02620M.b. A $12,350 invoice from a subcontractor for plumbing charged to jobcost code 309.02.15100S. Ten percent retention is withheld from theinvoice.c. A $255 phone bill charged to job cost code 315.01.01800O.d. A $1,352 bill for office rent.e. A $112 invoice for office supplies.f. A $375 invoice for repairs to Backhoe 2.g. A $563 invoice for nails. The nails will be placed in inventory until theyare needed on the jobs, at which time they will be billed to the jobs.What are the changes to the balance sheet, income statement, job costledger, and equipment ledger as a result of all of these invoices?
PLACE THIS ORDER OR A SIMILAR ORDER WITH STUDENT HOMEWORKS TODAY AND GET AN AMAZING DISCOUNT
The post What are the changes to the balance sheet, income statement, job costledger, and equipment ledger as a result of all of these invoices? appeared first on STUDENT HOMEWORKS .
Do you need a similar assignment done for you from scratch? We have qualified writers to help you. We assure you an A+ quality paper that is free from plagiarism. Order now for an Amazing Discount!
Use Discount Code "Newclient" for a 15% Discount!
NB: We do not resell papers. Upon ordering, we do an original paper exclusively for you.
