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Solutions To Brief Exercises Essay

2707 words - 11 pages

SOLUTIONS TO BRIEF EXERCISES

Table of Contents
Chapter 3 7
BRIEF EXERCISE 3-1 7
BRIEF EXERCISE 3-2 7
BRIEF EXERCISE 3-3 8
BRIEF EXERCISE 3-4 8
BRIEF EXERCISE 3-5 9
BRIEF EXERCISE 3-6 9
BRIEF EXERCISE 3-7 9
BRIEF EXERCISE 3-8 10
BRIEF EXERCISE 3-9 10
BRIEF EXERCISE 3-10 10
BRIEF EXERCISE 3-11 11
BRIEF EXERCISE 3-12 11
BRIEF EXERCISE 3-13 12
Chapter 4 13
BRIEF EXERCISE 4-1 13
BRIEF EXERCISE 4-2 14
BRIEF EXERCISE 4-3 15
BRIEF EXERCISE 4-4 16
BRIEF EXERCISE 4-5 16
BRIEF EXERCISE 4-6 17
BRIEF EXERCISE 4-7 17
BRIEF EXERCISE 4-8 17
BRIEF EXERCISE 4-9 17
BRIEF EXERCISE 4-10 18
BRIEF EXERCISE 4-11 18
Chapter 5 20
BRIEF EXERCISE 5-1 20
BRIEF EXERCISE 5-2 20
BRIEF ...view middle of the document...

| 2 |Cash |12,000 | |
| | |Equipment |2,500 | |
| | | Agazzi, Capital | |14,500 |
| | | | | |
| | 7 |Supplies |500 | |
| | | Accounts Payable | |500 |
| | | | | |
| |12 |Cash |1,300 | |
| | |Accounts Receivable |670 | |
| | | Service Revenue | |1,970 |
| | | | | |
| |15 |Rent Expense |600 | |
| | | Cash | |600 |
| | | | | |
| |19 |Supplies Expense |230 | |
| | | Supplies ($500 – $270) | |230 |

BRIEF EXERCISE 3-3

|July | 1 |Prepaid Insurance |15,000 | |
| | | Cash | |15,000 |
| | | ...

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