Financial Accounting Assignment - (Doc)
Added on 2020-09-08
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FINANCIAL ACCOUNTING
Table of ContentsACCOUNTING QUESTIONS........................................................................................................121. Beginning T- account.............................................................................................................122. Journal entries of transactions................................................................................................123. Journalising adjusting entries.................................................................................................3Posting transaction and adjusting entries to T-accounts..............................................................324. Preparation of financial statements of PA Engineering Inc...................................................625. Journal closing entries............................................................................................................926. Calculation of ratios and interpretation..................................................................................9REFERENCES..............................................................................................................................12
Index of TablesTable 1 Journal of PA Engineering Inc...........................................................................................1Table 2 Adjusting entries in the Books of PA Engineering Inc......................................................3Table 3 Income statement of PA Engineering Inc for the year ended Dec. 31, 2012.....................6Table 4 Statement of stockholder's equity of PA Engineering Inc for the year ended Dec. 31,2012.................................................................................................................................................6Table 5 Balance sheet of PA Engineering Inc as on 31st Dec, 2012...............................................7Table 6 Statement of cash flow of PA Engineering for the year ended Dec, 2012.........................8Table 7 Journal closing entries in the books of PA Engineering Inc...............................................9Table 8 Calculation of ratio and interpretation................................................................................9
ACCOUNTING QUESTIONS21. Beginning T- account Cash B. Bal 10,000.00 10,000.00 1
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