subject
Business, 19.06.2020 11:57 darlasiller

National Park Tours Co. is a travel agency. The nine transactions recorded by National Park Tours during May 2019, its first month of operations, are indicated in the following T accounts:
Cash:
(1) 75,000 (2) 900
(7) 8,150 (3) 1,600
4) 6,280
(6) 2,700
(9) 2,500
Equipment:
3) 8,000
Beth Worley, Drawing:
(9) 2,500
Accounts Receivable:
(5) 12,300 (7) 8,150
Accounts Payable:
(6) 2,700 (3) 6,400
Fees Earned:
(5) 12,300
Supplies:
(2) 900 (8) 660
Beth Worley, Capital:
1) 75,000
Operating Expenses:
(4) 6,280
(8) 660
Required:
a. Prepare an unadjusted trial balance, listing the accounts in their proper order.
Place the amounts in the proper columns.
b. Based upon the unadjusted trial balance, determine the net income or net loss.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 07:10
Vulcan flyovers offers scenic overflights of mount st. helens, the volcano in washington state that explosively erupted in 1982. data concerning the company’s operations in july appear below: vulcan flyovers operating data for the month ended july 31 actual results flexible budget planning budget flights (q) 56 56 54 revenue ($350.00q) $ 16,500 $ 19,600 $ 18,900 expenses: wages and salaries ($3,300 + $91.00q) 8,354 8,396 8,214 fuel ($31.00q) 1,904 1,736 1,674 airport fees ($870 + $35.00q) 2,730 2,830 2,760 aircraft depreciation ($11.00q) 616 616 594 office expenses ($240 + $1.00q) 464 296 294 total expense 14,068 13,874 13,536 net operating income $ 2,432 $ 5,726 $ 5,364 the company measures its activity in terms of flights. customers can buy individual tickets for overflights or hire an entire plane for an overflight at a discount. required: 1. prepare a flexible budget performance report for july that includes revenue and spending variances and activity variances.
Answers: 1
question
Business, 22.06.2019 19:30
The usa today reports that the average expenditure on valentine's day is $100.89. do male and female consumers differ in the amounts they spend? the average expenditure in a sample survey of 47 male consumers was $135.67, and the average expenditure in a sample survey of 38 female consumers was $68.64. based on past surveys, the standard deviation for male consumers is assumed to be $34, and the standard deviation for female consumers is assumed to be $17.
Answers: 1
question
Business, 22.06.2019 23:30
Sports leave thousands of college athletes with little time for their studies. this is an example of
Answers: 1
question
Business, 23.06.2019 02:30
Harmon inc. produces joint products l, m, and n from a joint process. information concerning a batch produced in may at a joint cost of $75,000 was as follows:
Answers: 3
You know the right answer?
National Park Tours Co. is a travel agency. The nine transactions recorded by National Park Tours d...
Questions
question
Mathematics, 01.08.2019 15:30
Questions on the website: 13722359