Maurice Tutor

(5)

$15/per page/Negotiable

About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 5 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 19 Aug 2017 My Price 11.00

traveling circus.

Circus World is the name of a traveling circus. The ledger accounts of the business at June 30, 2011, are listed here in alphabetical order:

 

 

Accounts Payable  . . . . . . . . .

$ 25,000

Notes Payable  . . . . . . . . . . . .

$115,000

 

Accounts Receivable  . . . . . . .

5,600

Notes Receivable . . . . . . . . . .

1,200

 

Animals  . . . . . . . . . . . . . . . . .

310,000

Props and Equipment   . . . . . .

108,000

 

Cages . . . . . . . . . . . . . . . . . . .

15,000

Retained Earnings  . . . . . . . . .

89,000

 

Capital Stock. . . . . . . . . . . . . .

400,000

Salaries Payable. . . . . . . . . . .

1,250

 

Cash . . . . . . . . . . . . . . . . . . . .

?

Tents. . . . . . . . . . . . . . . . . . . .

40,000

 

Costumes . . . . . . . . . . . . . . . .

16,000

Trucks & Wagons . . . . . . . . . .

125,300

 

Instructions

a.       Prepare a balance sheet by using these items and computing the amount of Cash at June 30, 2011. (After “Accounts Receivable,” you may list the remaining assets in any order.) Include a proper balance sheet heading.

b.       Assume that late in the evening of June 30, after your balance sheet had been prepared, a fire destroyed one of the tents, which had cost $10,000. The tent was not insured. Explain what changes would be required in your June 30 balance sheet to reflect the loss of this asset.

Answers

Maurice Tutor
(5)
Status NEW Posted 19 Aug 2017 05:08 PM My Price 11.00

Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------and----------- ac-----------qui-----------sit-----------ion----------- of----------- my----------- po-----------ste-----------d s-----------olu-----------tio-----------n.P-----------lea-----------se -----------pin-----------g m-----------e o-----------n c-----------hat----------- I -----------am -----------onl-----------ine----------- or----------- in-----------box----------- me----------- a -----------mes-----------sag-----------e I----------- wi-----------ll

Not Rated(0)