【正文】 學(xué)習(xí)參考。你必須努力，當(dāng)有一天驀然回首時(shí)，你的回憶里才會(huì)多一些色彩斑斕，少一些蒼白無(wú)力。4. 歲月是無(wú)情的，假如你丟給它的是一片空白，它還給你的也是一片空白。既糾結(jié)了自己，又打擾了別人。用一些事情，總會(huì)看清一些人。2. 若不是心寬似海，哪有人生風(fēng)平浪靜。 administration expenses ($18,000,000 – $3,200,000) (14,800,000)Profit from operations 2,500,000Ine tax expense (40%) 1,000,000Profit after tax $ 1,500,000Discontinuing operations (Chemical division)Sales 5,500,000Cost of sales (2,800,000)Gross profit 2,700,000Selling amp。 the date of record and the date of payment have no effect on stockholders.5.a. Jan. 15Retained Earnings 35,000 Accumulated Depreciation 35,000To correct error in prior year’s depreciation.b. Mar. 20Loss from Earthquake 70,000 Building 70,000c. Mar. 31Retained Earnings 12,500 Dividends Payable 12,500d. Dividends Payable 12,500 Cash 12,500e. June 30Retained Earnings 37,500 Common Stock 25,000 Additional Paidin Capital 12,500 To record issuance of 10% stock dividend: 10%*25,000=2,500 shares。8: Ine statement: tax expense 24,000 Balance sheet: ine tax payable 21,60020180。8: Dr: Tax expense 24,000 Cr: Ine tax payable 21,600 Deferred ine tax 2,40020180。8 Deferred ine tax is a liability 2,400 Ine tax payable 21,600 20180。 (c) firstyear depreciation = 114,000 * 40% = 45,600 secondyear depreciation = (114,000 – 45,600) * 40% = 27,360。. .. . ..Suggested SolutionChapter 11. Effect on the accounting equation(1)(2)(3)(4)(5)(6)(a) Increase in one asset, decrease in another asset.√(b) Increase in an asset, increase in a liability.(c) Increase in an asset, increase in capital.√√(d) Decrease in an asset, decrease in a liability.√(e) Decrease in an asset, decrease in capital.√√2. TransactionsAssets+/Liabilities+/Owner’s equity+/1++2++34++5++678+/9103. Describe each transaction based on the summary above.Transactions1Purchased land for cash, $6,000.2Investment for cash, $3,200.3Paid expense $1,200.4Purchased supplies on account, $800.5Paid owner’s personal use, $750.6Paid creditor, $1,5007Supplies used during the period, $630.4.AssetsLiabilitiesEquity Beginning275,00080,000195,000 Add. investment48,000 Add. Net ine27,000 Less withdrawals35,000Ending320,00085,000235,0005.(a)March 31, 20XXApril 30, 20XXAssets Cash 4,5005,400 Accounts receivable2,5604,100Supplies840450 Total assets7,9009,950Liabilities Accounts payable430690Equity Tina Pierce, Capital7,4709,260(b) net ine = 9,2607,470=1,790(c) net ine = 1,790+2,500=4,290Chapter 21.a. To increase Notes Payable CRb. To decrease Accounts ReceivableCRc. To increase Owner, Capital CRd. To decrease Unearned Fees DRe. To decrease Prepaid Insurance CRf. To decrease Cash CRg. To increase Utilities Expense DRh. To increase Fees Earned CRi. To increase Store Equipment DRj. To increase Owner, Withdrawal DR2.a.Cash1,800 Accounts payable 1,800b.Revenue 4,500 Accounts receivable 4,500c.Owner’s withdrawals 1,500 Salaries Expense 1,500d.Accounts Receivable 750 Revenue 7503. Prepare adjusting journal entries at December 31, the end of the year.Advertising expense600 Prepaid advertising 600Insurance expense (2160/12*2)360 Prepaid insurance360Unearned revenue2,100 Service revenue2,100Consultant expense900 Prepaid consultant900Unearned revenue3,000 Service revenue3,0004. 1. $388,4002. $22,5203. $366,6004. $21,8005. 1. net loss for the year ended June 30, 2002: $60,0002. DR Jon Nissen, Capital 60,000 CR ine summary 60,0003. postclosing balance in Jon Nissen, Capital at June 30, 2002: $54,000Chapter 31. Dundee Realty bank reconciliationOctober 31, 2009Reconciled balance $6,220 Reconciled balance $6,2202. April 7 Dr: Notes receivable—A pany 5400 Cr: Accounts receivable—A pany 5400 12 Dr: Cash Interest expense Cr: Notes receivable 5400June 6 Dr: Accounts receivable—A pany 5533 Cr: Cash 553318 Dr: Cash Cr: Accounts receivable—A pany 5533 Interest revenue 3. (a) As a whole: the ending inventory=685(b) applied separately to each product: the ending inventory=6254. The cost of goods available for sale=ending inventory + the cost of goods=80,000+200,000*500%=80,000+1,000,000=1,080,0005.(1) 24,000+60,00090,000*=12000(2) (60,000+24,000)/( 85,000+31,000)*( 85,000+31,00090,000)=18828