会计学原理案例分析第二组(ThisproblemextendsthedemonstrationproblemofChapter1.)Afterseveralmonthsofplaning,JasmineWorthystartedahaircuttingbusinesscalledExpressions.Thefollowingeventsoccurredduringitsfirstmonth.a.OnAugust1,Worthyinvested$3,000cashand$15,000ofequipmentinExpressions.b.OnAugust2,Expressionpaid$600cashforfurniturefortheshop.c.OnAugust3,Expressionpaid$500cashtorentspaceinastripmallforAugust.d.OnAugust4,itpurchased$1,200ofequipmentoncreditfortheshop(usingalong-termnotepayable).e.OnAugust5,Expressionsopenedforbusiness.Cashreceivefromhaircuttingservicesinthefirstweekandahalfofbusiness(endedAugust15)was$825f.OnAugust15,itprovided$100ofhaircuttingservicesonaccount.g.OnAugust17,itreceiveda$100checkforservicespreviouslyrenderedonaccount.h.OnAugust17,itpaid$125toanassistantforhoursworkedduringthegrandopening.i.CashreceivedfromservicesprovidedduringthesecondhalfoftheAugustwas$930.j.OnAugust31,itpaida$400installmenttowardprincipalonthenotepayableenteredintoonAugust4.k.OnAugust31,Worthywithdrew$900cashforpersonaluse.Required1.Openthefollowingledgeraccountsinbalancecolumnformat(accountnumbersareinparentheses):Cash(101);AccountsReceivable(102);Furniture(161);StoreEquipment(165);NotePayable(240);J.Worthy,Capital(301);J.Worthy,Withdrawals(302);HaircuttingServicesRevenue(403);WagesExpense(623);andRentExpense(640).Preparegeneraljournalentriesforthetransactions.2.Postthejournalentriesfrom(1)totheledgeraccounts.3.PrepareatrialbalanceasofAugust31.4.PrepareanincomestatementforAugust.5.Prepareastatementofowner’sequityforAugust.6.PrepareabalancesheetasofAugust31.SOLUTIONTODEMONSTRATIONPROBLEM1.Generaljournalentries:GeneraljournalDateAccountTitlesandExplanationPRDebitCreditAug1Cash1013,000StoreEquipment16515,000J.Worthy,Capital30118,000Owner’sinvestment2Furniture161600Cash101600Purchasedfurnitureforcash3RentExpense640500Cash101500PaidrentforAugust4StoreEquipment1651,200NotePayable2401,200PurchasedadditionalequipmentoncreditDateAccountTitlesandExplanationPRDebitCredit15Cash101825HaircuttingServicesRevenue403825CashreceiptsfromfirsthalfofAugust15AccoutsReceivable102100HaircuttingServicesRevenue403100Torecordrevenueforservicesprovidedonaccount17Cash101100AccountsReceivable102100Torecordcashreceivedaspaymentonaccount17WagesExpense623125Cash101125PaidwagestoassistantContinuedfrompreviouspageDateAccountTitlesandExplanationPRDebitCredit31Cash101930HaircuttingServicesRevenue403930CashreceiptsfromsecondhalfofAugust.31NotePayable240400Cash101400Paidaninstallmentonthenotepayable.31J.Worthy.Withdrawals320900cash101900Cashwithdrawalbyowner.Continuedfrompreviouspage2.Postjournalentriesfrompart1totheledgeraccounts.CashAccountNo.101DatePRDebitCreditBalanceAug.1G1300030002G160024003G1500190015G1825272517G1100282517G1125270031G1930363031G1400323031G19002330AccountsReceivableAccountNo.102FurnitureAccountNo.161StoreEquipmentAccountNo.165DatePRDebitCreditBalanceAug.15G110010017G11000DatePRDebitCreditBalanceAug.2G1600600DatePRDebitCreditBalanceAug.1G115000150004G1120016200NotePayableAccountNo.240J.Worthy,CapitalAccountNo.301J.Worthy,WithdrawalsAccountNo.302DatePRDebitCreditBalanceAug.4G11200120031G1400800DatePRDebitCreditBalanceAug.1G11800018000DatePRDebitCreditBalanceAug.31G1900900HaircuttingServicesRevenueAccountNo.403WagesExpenseAccountNo.623RentExpenseAccountNo.640DatePRDebitCreditBalanceAug.17G1125125DatePRDebitCreditBalanceAug.15G182582515G110092531G19301855DatePRDebitCreditBalanceAug.3G15005003.PrepareatrialbalancefromtheledgerEXPRESSIONSTrialBalanceAugust31DebitCreditCash$2330Accountsreceivable0Furniture600Storeequipment16200Notepayable$800J.Worthy,Capital18000J.Worthy,Withdrawals900Haircuttingservicesrevenue1855Wagesexpense125Rentexpense500Totals20655206554.EXPRESSIONSIncomeStatementFromMonthEndedAugust31RevenuesHaircuttingservicesrevenue$1855OperatingexpenseRentexpense$500Wagesexpense125Totaloperatingexpense625Netincome$1230EXPRESSIONSStatementofOwner’sEquityForMonthEndedAugust31J.Worthy,Captital,August1$0Plus:Investmentsbyowner$18,000Netincome1,23019,23019,230Less:Withdrawalsbyowner900J.Worthy,Captital,August31$18,3305.6.5EXPRESSIONSBalanceSheetAugust31AssetsLiabilitiesCash$2330Notepayable$800Furniture600EquityStoreequipment16200J.Worthy,Capital18330Totalassets$19130Totalliabilitiesandequity$19130谢谢观赏
