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    CH 01 - QS 1-17-18 Ac 3-4

    Uploaded by

    Sharmi la
    1. The document appears to be an assignment containing multiple choice and fill-in-the-blank questions about accounting concepts from Chapter 1. It also includes a request to prepare financial statements from the information provided. 2. The student, Sharmila Manoharan, answered several multiple choice questions correctly but missed others, scoring partial points. 3. An Excel file was uploaded in an attempt to complete the financial statements question, but it was scored as incorrect.

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    Download as PDF, TXT or read online from Scribd

    CH 01 - QS 1-17-18 Ac 3-4

    Uploaded by

    Sharmi la
    125 views14 pages
    1. The document appears to be an assignment containing multiple choice and fill-in-the-blank questions about accounting concepts from Chapter 1. It also includes a request to prepare financial statements from the information provided. 2. The student, Sharmila Manoharan, answered several multiple choice questions correctly but missed others, scoring partial points. 3. An Excel file was uploaded in an attempt to complete the financial statements question, but it was scored as incorrect.

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    CH 01 - QS 1-17-18 AC 3-4

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    1. The document appears to be an assignment containing multiple choice and fill-in-the-blank questions about accounting concepts from Chapter 1. It also includes a request to prepare financial statements from the information provided. 2. The student, Sharmila Manoharan, answered several multiple choice questions correctly but missed others, scoring partial points. 3. An Excel file was uploaded in an attempt to complete the financial statements question, but it was scored as incorrect.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    125 views14 pages

    CH 01 - QS 1-17-18 Ac 3-4

    Uploaded by

    Sharmi la
    1. The document appears to be an assignment containing multiple choice and fill-in-the-blank questions about accounting concepts from Chapter 1. It also includes a request to prepare financial statements from the information provided. 2. The student, Sharmila Manoharan, answered several multiple choice questions correctly but missed others, scoring partial points. 3. An Excel file was uploaded in an attempt to complete the financial statements question, but it was scored as incorrect.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 14

    6/7/23, 2:06 AM CH 01 - QS 1-17-18 AC 3-4

    CH 01 - QS 1-17-18 AC 3-4 Total points 10/40

    Email *

    [email protected]

    0 of 0 points

    Full Name *

    Sharmila Manoharan

    Chapter 01  QS 1-17 LO5, 8 10 of 15 points

    Read the Question from the Book QS 1-16 LO 5, 8 Page 52

    https://docs.google.com/forms/d/e/1FAIpQLSfAito_hZZQzs8liRLunoTR876mr9cjbXWH-nged60RX72J-w/viewscore?viewscore=AE0zAgBUZGS6cOp… 1/14
    6/7/23, 2:06 AM CH 01 - QS 1-17-18 AC 3-4

    Loss - $ ? * 1/1

    1. Asset

    2. Liabilities

    3. Equity

    4. Does not appear on the balance sheet

    Rent expense - $22 * 1/1

    1. Asset

    2. Liabilities

    3. Equity

    4. Does not appear on the balance sheet

    Rent payable - $6 * 1/1

    1. Asset

    2. Liabilities

    3. Equity

    4. Does not appear on the balance sheet

    https://docs.google.com/forms/d/e/1FAIpQLSfAito_hZZQzs8liRLunoTR876mr9cjbXWH-nged60RX72J-w/viewscore?viewscore=AE0zAgBUZGS6cOp… 2/14
    6/7/23, 2:06 AM CH 01 - QS 1-17-18 AC 3-4

    Accounts receivable - $14 * 1/1

    1. Asset

    2. Liabilities

    3. Equity

    4. Does not appear on the balance sheet

    Paul Sangha's investments in May - $30 * 0/1

    1. Asset

    2. Liabilities

    3. Equity

    4. Does not appear on the balance sheet

    Interest income - $2 * 1/1

    1. Asset

    2. Liabilities

    3. Equity

    4. Does not appear on the balance sheet

    https://docs.google.com/forms/d/e/1FAIpQLSfAito_hZZQzs8liRLunoTR876mr9cjbXWH-nged60RX72J-w/viewscore?viewscore=AE0zAgBUZGS6cOp… 3/14
    6/7/23, 2:06 AM CH 01 - QS 1-17-18 AC 3-4

    Paul Sangha's capital,  May 1, 2020 - $0 * 0/1

    1. Asset

    2. Liabilities

    3. Equity

    4. Does not appear on the balance sheet

    Repair supplies - $5 * 1/1

    1. Asset

    2. Liabilities

    3. Equity

    4. Does not appear on the balance sheet

    Notes payable - $25 * 1/1

    1. Asset

    2. Liabilities

    3. Equity

    4. Does not appear on the balance sheet

    https://docs.google.com/forms/d/e/1FAIpQLSfAito_hZZQzs8liRLunoTR876mr9cjbXWH-nged60RX72J-w/viewscore?viewscore=AE0zAgBUZGS6cOp… 4/14
    6/7/23, 2:06 AM CH 01 - QS 1-17-18 AC 3-4

    Paul Sangha's withdrawals in May - $5 * 0/1

    1. Asset

    2. Liabilities

    3. Equity

    4. Does not appear on the balance sheet

    Paul Sangha's withdrawals in May - $5 * 0/1

    1. Asset

    2. Liabilities

    3. Equity

    4. Does not appear on the balance sheet

    Truck - $15 * 1/1

    1. Asset

    2. Liabilities

    3. Equity

    4. Does not appear on the balance sheet

    https://docs.google.com/forms/d/e/1FAIpQLSfAito_hZZQzs8liRLunoTR876mr9cjbXWH-nged60RX72J-w/viewscore?viewscore=AE0zAgBUZGS6cOp… 5/14
    6/7/23, 2:06 AM CH 01 - QS 1-17-18 AC 3-4

    Consulting revenue - $18 * 0/1

    1. Asset

    2. Liabilities

    3. Equity

    4. Does not appear on the balance sheet

    Paul Sangha's capital,  May 31, 2020 - $ ? * 1/1

    1. Asset

    2. Liabilities

    3. Equity

    4. Does not appear on the balance sheet

    Cash - $20 * 1/1

    1. Asset

    2. Liabilities

    3. Equity

    4. Does not appear on the balance sheet

    Chapter 01  QS 1-18 LO5, 8 0 of 25 points

    Upload an Excel sheet for this question


    Using the information in QS 1-17, prepare an income statement and statement of changes
    in equity for the month ended May 31, 2020 and a balance sheet at May 31, 2020

    https://docs.google.com/forms/d/e/1FAIpQLSfAito_hZZQzs8liRLunoTR876mr9cjbXWH-nged60RX72J-w/viewscore?viewscore=AE0zAgBUZGS6cOp… 6/14
    6/7/23, 2:06 AM CH 01 - QS 1-17-18 AC 3-4

    QS 1-17-18 * ···/25

    Sharmila.M Sang…

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    6/7/23, 2:06 AM CH 01 - QS 1-17-18 AC 3-4

    https://docs.google.com/forms/d/e/1FAIpQLSfAito_hZZQzs8liRLunoTR876mr9cjbXWH-nged60RX72J-w/viewscore?viewscore=AE0zAgBUZGS6cOp… 8/14
    6/7/23, 2:06 AM CH 01 - QS 1-17-18 AC 3-4

    https://docs.google.com/forms/d/e/1FAIpQLSfAito_hZZQzs8liRLunoTR876mr9cjbXWH-nged60RX72J-w/viewscore?viewscore=AE0zAgBUZGS6cOp… 9/14
    6/7/23, 2:06 AM CH 01 - QS 1-17-18 AC 3-4

    https://docs.google.com/forms/d/e/1FAIpQLSfAito_hZZQzs8liRLunoTR876mr9cjbXWH-nged60RX72J-w/viewscore?viewscore=AE0zAgBUZGS6cO… 10/14
    6/7/23, 2:06 AM CH 01 - QS 1-17-18 AC 3-4

    https://docs.google.com/forms/d/e/1FAIpQLSfAito_hZZQzs8liRLunoTR876mr9cjbXWH-nged60RX72J-w/viewscore?viewscore=AE0zAgBUZGS6cO… 11/14
    6/7/23, 2:06 AM CH 01 - QS 1-17-18 AC 3-4

    https://docs.google.com/forms/d/e/1FAIpQLSfAito_hZZQzs8liRLunoTR876mr9cjbXWH-nged60RX72J-w/viewscore?viewscore=AE0zAgBUZGS6cO… 12/14
    6/7/23, 2:06 AM CH 01 - QS 1-17-18 AC 3-4

    https://docs.google.com/forms/d/e/1FAIpQLSfAito_hZZQzs8liRLunoTR876mr9cjbXWH-nged60RX72J-w/viewscore?viewscore=AE0zAgBUZGS6cO… 13/14
    6/7/23, 2:06 AM CH 01 - QS 1-17-18 AC 3-4

    https://docs.google.com/forms/d/e/1FAIpQLSfAito_hZZQzs8liRLunoTR876mr9cjbXWH-nged60RX72J-w/viewscore?viewscore=AE0zAgBUZGS6cO… 14/14

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