Data Saver Inc. Analysis

Data Saver, Inc. (1) gold Patent Contributed capital (2) Incorporation cost Cash (3) Equipment Cash (4) Cash (5) (1) (2) (3) (4) (5) Process R&D Cash sales revenue Materials scrutinize Cash Cash Loans account payable Loans payable Cash lodge in get down Cash Payroll Cash To distribute payroll Work-in-process neckcloth SG&A expense Payroll Equipment Cash (6) Already expensed - discover above (7) Work-in-process roll Accumulated depreciation (8) Work-in-process register Materials inventory LHS = Dr. I RHS = Cr. $40,000 I $60,000 I I $100,000 I $6,600 I I $6,600 I $20,000 I I $20,000 I $2,000 I I $2,000 I $1,200 I I $1,200 $129,800 I $129,800 LHS = Dr. I $336,000 I I I $106,000 I I I $8,000 I I $8,000 I I $650 I I I $148,000 I I I $127,000 I $21,000 I I I $4,000 I I I I I $2,400 I I I $88,800 I I I I I I Cash Materials inventory flow rate assets $11,400 800 $12,200 Liabilities Equipment Patent $20,000 60,000 $92,200 Paid-in Capital Retained sugar Taking a trial balance RHS = Cr.

$336,000 $106,000 $8,000 $8,000 $650 $148,000 $148,000 $4,000 $2,400 $88,800 Memo: number one ceremony materials inventory Puchases during period Available during period ratiocination inventory Used during period $800 $106,000 $106,800 $18,000 $88,800 0 $100,000 (7,800) $92,200 (9) (10) (11) (12) holy goods inventory Work-in-process inventory Cost of sales Finished goods inventory SG&A expense Patent Provision for income taxes Cash T! ax payable Retained simoleons, dividends Cash Closing entries c1 c2 c3 c4 Sales revenue Income analysis Income summary Cost of sales Income summary SG&A SG&A Interest expense Provision for income taxes Income summary Retained earnings I $218,200 I I $218,200 I I I $3,529 I I I $16,960 I I I I $11,000...If you want to overreach a full essay, suppose it on our website: BestEssayCheap.com

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