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HCS 380 Wk 2 Individual: WileyPLUS Quiz Activity

HCS 380 Wk 2 Individual: WileyPLUS Quiz Activity PLDZ-13009 Free
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HCS 380 Wk 2 Individual: WileyPLUS Quiz Activity

Due Sunday evening 11: 59 om AZT. Time listed above is EST. All work due 11:59 pm AZT. Complete the assigned Quiz activity in WileyPLUS. Remember that you have 3 attempts for each question to achieve the best score!

Exercise 4-6

Carla Vista Co., a ski tuning and repair shop, opened on November 1, 2016. The company carefully kept track of all its cash receipts and cash payments. The following information is available at the end of the ski season, April 30, 2017.

 

 

CashReceipts

 

CashPayments

Issuance of common shares

 

$19,900

 

 

Payment to purchase repair shop equipment

 

 

 

$9,100

Payments to landlord

 

 

 

1,225

Newspaper advertising payment

 

 

 

330

Utility bill payments

 

 

 

810

Part-time helper’s wage payments

 

 

 

2,700

Income tax payment

 

 

 

10,300

Cash receipts from ski and snowboard repair services

 

30,700

 

 

Subtotals

 

50,600

 

24,465

Cash balance

 

 

 

26,135

Totals

 

$50,600

 

$50,600

Exercise 4-22

The adjusted trial balance for Ivanhoe Company is given below:

 

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