Exercise 2-1. Exercise 2-2. Exercise 2-3. Name. = Liabilitiy Acounts + Debit Credit. Asset Acounts. Stockholders Equity Acounts Debit. Credit.
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1 Exercise 2-1 Debit Asset Acounts Credit = Liabilitiy Acounts + Debit Credit Stockholders Equity Acounts Debit Credit Expense Accounts and Dividends Account Debit Credit Revenue Accounts Debit Credit Exercise 2-2 ACCOUNT TITLES AND Exercise 2-3 ACCOUNT TITLES AND Chapter 2-1
2 Exercise 2-4 ACCOUNT TITLES AND Exercise 2-5 a. ACCOUNT TITLES AND Cash Capital Stock b. ACCOUNT TITLES AND Cash Salaries Expense c. ACCOUNT TITLES AND Accounts Receivable Service Revenue Chapter 2-2
3 Exercise 2-6 a. b. c. d. e. f. g. h. i. j. Exercise 2-7 TUXEDOS, INC. Trial Balance December 31, 2007 ACCT. NO. ACCOUNT TITLE S S Chapter 2-3
4 Exercise 2-8 SANCHEZ COMPANY GENERAL JOURNAL ACCOUNT TITLES AND Chapter 2-4
5 Exercise 2-9 Cash Accounts Payable Utilities Expense Notes Payable Supplies Expense Accounts Receivable Capital Stock Salaries Expense Trucks Service Revenue Exercise 2-10 SANCHEZ COMPANY Trial Balance March 31, 2007 ACCT. NO. ACCOUNT TITLE S S Exercise 2-11 Chapter 2-5
6 Exercise 2-12 (in thousands) Increase or (Decrease) 1999 over 2000 Dollars Percent Percent of Total Assets (End of Fiscal Year) Chapter 2-6
7 Problem 2-1 or 2-1A GENERAL JOURNAL ACCOUNT TITLES AND Chapter 2-7
8 Problem 2-2 or 2-2A GENERAL JOURNAL ACCOUNT TITLES AND Chapter 2-8
9 Problem 2-2 or 2-2A (concluded) b. Cash Acct. No. T-Accounts Acct. No. Acct. No. Acct. No. Acct. No. Acct. No. Acct. No. Acct. No. Acct. No. Acct. No. Acct. No. Acct. No. c. Trial Balance, 2007 ACCT. NO. ACCOUNT TITLE S S Chapter 2-9
10 Problem 2-3 or 2-3A b. GENERAL JOURNAL, INC. Page ACCOUNT TITLES AND Chapter 2-10
11 Problem 2-3 or 2-3A (continued) b. (concluded) GENERAL JOURNAL, INC. Page ACCOUNT TITLES AND Chapter 2-11
12 Problem 2-3 or 2-3A (continued) a. and c. GENERAL LEDGER Cash 100 Accounts Receivable Trucks 150 Office Furniture 160 Chapter 2-12
13 Problem 2-3 or 2-3A (continued) a. and c. (continued) Chapter 2-13
14 Problem 2-3 or 2-3A (continued) a. and c. (concluded) Chapter 2-14
15 Problem 2-3 or 2-3A (concluded) d. Trial Balance 31, 2007 ACCT. NO. ACCOUNT TITLE S S Chapter 2-15
16 Problem 2-4 or 2-4A b. GENERAL JOURNAL, INC. Page ACCOUNT TITLES AND Chapter 2-16
17 Problem 2-4 or 2-4A (continued) b. (concluded) GENERAL JOURNAL, INC. Page ACCOUNT TITLES AND Chapter 2-17
18 Problem 2-4 or 2-4A (continued) a. and c. GENERAL LEDGER Cash 100 Accounts Receivable 103 Chapter 2-18
19 Problem 2-4 or 2-4A a. and c. (continued) Chapter 2-19
20 Problem 2-4 or 2-4A a. and c. (continued) Chapter 2-20
21 Problem 2-4 or 2-4A (concluded) a. and c. (concluded) d. Trial Balance December 31, 2007 ACCT. NO. ACCOUNT TITLE S S Chapter 2-21
22 Problem 2-5 or 2-5A Trial Balance December 31, 2007 ACCT. NO. ACCOUNT TITLE S S Chapter 2-22
23 Business Decision Case 2-1 a. JACOBS CORPORATION GENERAL JOURNAL Page ACCOUNT TITLES AND Chapter 2-23
24 Business Decision Case 2-1 (concluded) b. Cash JACOBS CORPORATION T-Accounts Service Revenue Advertising Expense Capital Stock Gas and Oil Expense Dividends Miscellaneous Expense c. Chapter 2-24
25 Annual Report Analysis 2-2 (in thousands) Dollars Change Percent Percent of Total Chapter 2-25
26 Annual Report Analysis 2-2 (concluded) Comments: Annual Report Analysis 2-3 Ethics Case Writing Experience 2-4 Chapter 2-26
1. Which of the following elements are found on the income statement?
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