Accounts-AW647 online

Accounts-AW647 Online Services

P4-8A Dana La Fontsee opened Pro Window Washing Inc. on July 1, 2012. During July
the following transactions were completed.

July 1 Issued 12,000 shares of common stock for $12,000 cash.
1 Purchased used truck for $8,000, paying $2,000 cash and the balance on
account.

3 Purchased cleaning supplies for $900 on account.

5 Paid $1,800 cash on 1-year insurance policy effective July 1.

12 Billed customers $3,700 for cleaning services.

18 Paid $1,000 cash on amount owed on truck and $500 on amount owed on cleaning supplies .

20 Paid $2,000 cash for employee salaries.

21 Collected $1,600 cash from customers billed on July 12.

25 Billed customers $2,500 for cleaning services.

31 Paid $290 for maintenance of the truck during month.

31 Declared and paid $600 cash dividend.

The chart of accounts for Pro Window Washing contains the following accounts: Cash,Accounts Receivable, Supplies, Prepaid Insurance, Equipment, Accumulated Depreciation—Equipment, Accounts Payable, Salaries and Wages Payable, Common Stock, Retained Earnings, Dividends, Income Summary, Service Revenue, Maintenance and Repairs Expense,
Supplies Expense, Depreciation Expense, Insurance Expense, Salaries and Wages Expense.

You can read more about our case study assignment help services here.

How it Works

How It works ?

Step 1:- Click on Submit your Assignment here or shown in left side corner of every page and fill the quotation form with all the details. In the comment section, please mention Case Id mentioned in end of every Q&A Page. You can also send us your details through our email id support@assignmentconsultancy.com with Case Id in the email body. Case Id is essential to locate your questions so please mentioned that in your email or submit your quotes form comment section.

Step 2:- While filling submit your quotes form please fill all details like deadline date, expected budget, topic , your comments in addition to Case Id . The date is asked to provide deadline.

Step 3:- Once we received your assignments through submit your quotes form or email, we will review the Questions and notify our price through our email id. Kindly ensure that our email id assignmentconsultancy.help@gmail.com and support@assignmentconcultancy.com must not go into your spam folders. We request you to provide your expected budget as it will help us in negotiating with our experts.

Step 4:- Once you agreed with our price, kindly pay by clicking on Pay Now and please ensure that while entering your credit card details for making payment, it must be done correctly and address should be your credit card billing address. You can also request for invoice to our live chat representatives.

Step 5:- Once we received the payment we will notify through our email and will deliver the Q&A solution through mail as per agreed upon deadline.

Step 6:-You can also call us in our phone no. as given in the top of the home page or chat with our customer service representatives by clicking on chat now given in the bottom right corner.

Case Approach

Scientific Methodology

We use best scientific approach to solve case study as recommended and designed by best professors and experts in the World. The approach followed by our experts are given below:

Defining Problem

The first step in solving any case study analysis is to define its problem carefully. In order to do this step, our experts read the case two three times so as to define problem carefully and accurately. This step acts as a base and help in building the structure in next steps.

Structure Definition

The second step is to define structure to solve the case. Different cases has different requirements and so as the structure. Our experts understand this and follow student;s university guidelines to come out with best structure so that student will receive best mark for the same.

Research and Analysis

This is the most important step which actually defines the strength of any case analysis. In order to provide best case analysis, our experts not only refer case materials but also outside materials if required to come out with best analysis for the case.

Conclusion & Recommendations

A weak conclusion or recommendations spoil the entire case analysis. Our expert know this and always provide good chunks of volume for this part so that instructors will see the effort put by students in arriving at solution so as to provide best mark.

Related Services

Instructions

(a) Journalize the July transactions.

(b) Post to the ledger accounts. (Use T accounts.)

(d) Journalize the following adjustments.

(1) Services provided but unbilled and uncollected at July 31 were $1,700.
(2) Depreciation on equipment for the month was $180.
(3) One-twelfth of the insurance expired.
(4) An inventory count shows $320 of cleaning supplies on hand at July 31.
(5) Accrued but unpaid employee salaries were $400.

(e) Post adjusting entries to the T accounts.

(f ) Prepare an adjusted trial balance.

(g) Prepare the income statement and a retained earnings statement for July and a classified
balance sheet at July 31.

(h) Journalize and post closing entries and complete the closing process.

(i) Prepare a post-closing trial balance at July 31.

Assignment # 2 Due Sunday, April 19, 2014

Browse the Internet to acquire a copy of the most recent annual report for a publicly traded company.

Analyze the information contained in the company’s balance sheet and income statement to answer the following questions

• What are the company’s total assets at the end of its most recent annual reporting period? Why is this important?

• What are the total assets at the end of the previous annual reporting period?

• How much cash and cash equivalents did the company have at the end of its most recent annual reporting period?

• What amount of accounts payable did the company have at the end of its most recent annual reporting period?

• What amount of accounts payable did the company have at the end of the previous annual reporting period?

• What are the company’s net revenues for the last three annual reporting periods?

• What is the change in dollars in the company’s net income from its most recent annual reporting period to the previous annual reporting period?

• What are the company’s total current assets at the end of its most recent annual reporting period?

• What are the total current assets at the end of the previous annual reporting period?

• What in the information above would be important to a potential investor, employee, and so on?

Summarize the analysis in a 700- to 1,050-word paper in a Microsoft® Word document.

Include a copy of the company’s balance sheet and income statement.
Format your paper consistent with APA guidelines.

Product code: Accounts-AW647

Looking for best Accounts-AW647 online ,please click here

Summary