Mini-Case
Victoria Getz, a college sophomore ,has been seeking ways to earn extra spending money. As an active sports enthusiast, Victoria plays tennis regularly at the Georgetown Golf and Tennis Club, where her father has a family membership. The president of the club recently approached Victoria with the proposal that Victoria manage the club’ s tennis courts on weekends. Victoria’s primary duty would be to supervise the operation of the club’s two indoor and six outdoor courts, including court reservations. In return for her services, the club agreed to pay Victoria $50 per weekend, plus that Victoria could keep whatever she earned from the lessons she gives and the fees from the use of the ball machine. The club and Victoria agreed to a one-month trial, after which both would consider an arrangement for the remaining three years of Victoria’s college career. On this basis, Victoria organized Tennis Services Unlimited. During September, Victoria managed the tennis courts and entered into the following transactions.
a. Opened a business bank account by depositing $350.
b. Paid $80 for tennis supplies (practice tennis balls, etc.)
c. Paid $110 for the rental of video tape equipment to be used in offering lessons during September.
d. Arranged for the rental of a ball machine during September for $40. Paid $20 in advance, with the remaining $20 due October 1.
e. Received $375 for lessons given during September.
f. Paid $45 for salaries of part-time employees who answered the telephone and took reservations while Victoria was giving lessons.
g. Received $60 in fees from the used of the ball machine during September.
h. Paid $35 for miscellaneous expenses.
i. Received $200 from the club for managing the tennis courts during September.
j. Supplies on hand at the end of the month total $55.
k. Victoria withdrew $300 for personal use on September 30.
As a friend and an accounting student, Victoria has asked you to aid her in assessing the venture.
Required:
make the journal entry for the transactions.
Prepare the following: (1) an Income Statement for September; (2) the Statement of Owner’s Equity; (3) a Balance Sheet of September 30.
Assume that Victoria Getz could earn $3.50 per hour working 16hours per weekend for a fast food restaurant. Evaluate which of the two alternatives, the fast food restaurant or Tennis Service Unlimited, would provide Victoria with a better income per month.
不是翻译,可以帮我做一下英语分录吗,
会计英语求助,急
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求会计英语答案,急。感激不尽。会计英语练习题 需要编制会计分录的,哪...
2:赊购设备,Dr:supplies 400 Cr:payable 400 3: Dr: cash 13000 recevable 6700 Cr:sales 19700 后面还需要么?以后想问也可以直接问我,当然如果我会的话。翻译会计要准确,翻译软件不可靠的。
下面是会计专业英语写分录,谢谢大家了,非常着急!帮下忙
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会计专业英语问答题。急!拜托大家。
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英语会计的题目问题!!急
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会计英语问题~急急急~求速度~
如果所有者\/投资者从公司账户取出一定数量资金(减资),当减资行为降低公司资本账户上数额时,我们是否可以理解把减资当作一种费用?这是为什么?
回答完后,给50分:帮忙写20篇英文的会计实习日记。 是 英文的 且关于...
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帮忙翻译一些会计英语,急
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会计作业急急!谢谢!
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