Accounting Chapter 6 Homework Cells With Nongray Backgrounds Are Protected And

subject Type Homework Help
subject Pages 9
subject Words 776
subject Authors Carl S. Warren, James M. Reeve, Jonathan Duchac

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An asterisk (*) will appear to the right of an incorrect entry. In part 1, only final inventory cost - Column K - will be graded.
1.
Jan. 1 2,500 $60.00 150,000$
10
28
30
Feb. 5
10
16
28
Mar. 5
14
25
30
31 Balances
2.
Debit Credit
3.
4.
Answers are entered in the cells with gray backgrounds.
Unit
Cost
Total
Cost
Cells with non-gray backgrounds are protected and cannot be edited.
Instructions
Inventory
Unit
Cost
Date
Purchases
Cost of Merchandise Sold
Unit
Cost
Total
Cost
Ending inventory cost
Description
Total
Cost
Quantity
JOURNAL
Gross profit for the sales period
0%
[Key code here]
Problem 6-1A
Name:
Section:
Score:
Key Code:
5.
Inventory under LIFO would be
page-pf3
1.
Jan. 1 2,500 $60.00 150,000$
10 7,500 $68.00 $510,000 2,500 $60.00 150,000$
7,500 $68.00 510,000
28 2,500 $60.00 150,000$
18,000 $70.00 1,260,000
16 4,500 $68.00 306,000$
4,500 $70.00 315,000 13,500 $70.00 945,000$
28 8,500 $70.00 595,000$ 5,000 $70.00 350,000$
Mar. 5 15,000 $71.60 $1,074,000 5,000 $70.00 350,000$
15,000 $71.60 1,074,000
14 5,000 $70.00 350,000$
2.
Debit Credit
5,191,250
5,191,250
Answers are entered in the cells with gray backgrounds.
ON
Accounts Receivable
Sales
Cells with non-gray backgrounds are protected and cannot be edited.
An asterisk (*) will appear to the right of an incorrect entry. In part 1, only final inventory cost - Column K - will be graded.
Scoring:
Instructions
Problem 6-1A
Name:
Solution
Section:
Total
Cost
Quantity
JOURNAL
Description
Date
Purchases
Cost of Merchandise Sold
Inventory
Unit
Cost
Total
Cost
Unit
Cost
Total
Cost
Quantity
Unit
Cost
page-pf4
An asterisk (*) will appear to the right of an incorrect entry. In part 1, only final inventory cost - Column K - will be graded.
1.
Apr. 3 25 $1,200 30,000$
8
11
30
May 8
10
19
28
June 5
16
21
28
30 Balances
2.
Debit Credit
3.
4.
Problem 6-1B
Name:
Section:
Score:
Gross profit for the sales period
0%
[Key code here]
Key Code:
JOURNAL
Quantity
Unit
Cost
Total
Cost
Ending inventory cost
Description
Total
Cost
Answers are entered in the cells with gray backgrounds.
Unit
Cost
Total
Cost
Cells with non-gray backgrounds are protected and cannot be edited.
Instructions
Inventory
Unit
Cost
Date
Purchases
Cost of Merchandise Sold
5.
Inventory under LIFO would be
page-pf7
1.
Apr. 3 25 $1,200 30,000$
11 25 $1,200 30,000$
15 $1,240 18,600 60 $1,240 74,400$
30 30 $1,240 37,200$ 30 $1,240 37,200
May 8 60 $1,260 75,600$ 30 $1,240 37,200$
60 $1,260 75,600
June 5 20 $1,260 25,200$
20 $1,260 25,200 60 $1,260 75,600$
2.
Debit Credit
525,250
525,250
3.
$214,474
JOURNAL
Description
Unit
Cost
Total
Cost
Total
Cost
Quantity
Date
Purchases
Cost of Merchandise Sold
Inventory
Unit
Cost
Gross profit for the sales period
Accounts Receivable
Sales
Cells with non-gray backgrounds are protected and cannot be edited.
An asterisk (*) will appear to the right of an incorrect entry. In part 1, only final inventory cost - Column K - will be graded.
Problem 6-1B
Name:
Solution
Section:
Scoring:
Instructions
Answers are entered in the cells with gray backgrounds.
ON
Unit
Cost
Total
Cost
page-pf8
An asterisk (*) will appear to the right of an incorrect entry. In part 1, only final inventory cost - Column K - will be graded.
1.
Jan. 1 2,500 $60.00 150,000$
10
28
30
Feb. 5
10
16
28
Mar. 5
14
25
30
31 Balances
2.
Total
Cost
Score:
Key Code:
Date
Purchases
Cells with non-gray backgrounds are protected and cannot be edited.
Inventory
Instructions
Unit
Cost
Total
Cost
Cost of Merchandise Sold
Unit
Cost
Quantity
Quantity
Unit
Cost
Total
Cost
Problem 6-2A
Name:
Section:
0%
[Key code here]
Answers are entered in the cells with gray backgrounds.
3.
Gross profit
Ending inventory cost
Total sales
Total cost of goods sold
page-pfb
1.
Jan. 1 2,500 $60.00 150,000$
10 7,500 $68.00 510,000$ 2,500 $60.00 150,000$
7,500 $68.00 510,000
2,000 $68.00 136,000
10 18,000 $70.00 1,260,000$ 2,500 $60.00 150,000$
2,000 $68.00 136,000
18,000 $70.00 1,260,000
16 9,000 $70.00 630,000$ 2,500 $60.00 150,000$
2,000 $68.00 136,000
9,000 $70.00 630,000
28 8,500 $70.00 595,000$ 2,500 $60.00 150,000$
2,000 $68.00 136,000
500 $70.00 35,000
Mar. 5 15,000 $71.60 1,074,000$ 2,500 $60.00 150,000$
2,000 $68.00 136,000
500 $70.00 35,000
15,000 $71.60 1,074,000
25 2,500 $72.00 180,000$ 2,500 $60.00 150,000$
2,000 $68.00 136,000
500 $70.00 35,000
5,000 $71.60 358,000
2,500 $72.00 180,000
An asterisk (*) will appear to the right of an incorrect entry. In part 1, only final inventory cost - Column K - will be graded.
Scoring:
Instructions
Answers are entered in the cells with gray backgrounds.
ON
Problem 6-2A
Name:
Solution
Section:
Cells with non-gray backgrounds are protected and cannot be edited.
Unit
Cost
Total
Cost
Quantity
Unit
Cost
Total
Cost
Quantity
Date
Purchases
Cost of Merchandise Sold
Inventory
Quantity
Unit
Cost
Total
Cost
page-pfc
An asterisk (*) will appear to the right of an incorrect entry. In part 1, only final inventory cost - Column K - will be graded.
1.
Apr. 3 25 $1,200 30,000$
8
11
30
May 8
10
19
28
June 5
16
21
28
30 Balances
2.
3.
Problem 6-2B
Name:
Section:
Inventory
Instructions
Unit
Cost
Gross profit
Cost of Merchandise Sold
Unit
Cost
Total
Cost
Answers are entered in the cells with gray backgrounds.
Ending inventory cost
Quantity
Total sales
Total cost of goods sold
Total
Cost
Total
Cost
Unit
Cost
Score:
Key Code:
Date
Purchases
Cells with non-gray backgrounds are protected and cannot be edited.
0%
[Key code here]
page-pfe
1.
Apr. 3 25 $1,200 30,000$
875 $1,240 93,000$ 25 $1,200 30,000$
10 50 $1,260 63,000$ 25 $1,200 30,000$
5$1,240 6,200
10 $1,260 12,600
19 10 $1,260 12,600$
5$1,240 6,200
5$1,200 6,000 20 $1,200 24,000$
28 80 $1,260 100,800$ 20 $1,200 24,000$
80 $1,260 100,800
30 Balances 312,080$ 31,560$
2.
Unit
Cost
Unit
Cost
Total
Cost
Unit
Cost
Total
Cost
Quantity
Problem 6-2B
Name:
Solution
Section:
Date
Purchases
Cost of Merchandise Sold
Inventory
Total
Cost
Cells with non-gray backgrounds are protected and cannot be edited.
An asterisk (*) will appear to the right of an incorrect entry. In part 1, only final inventory cost - Column K - will be graded.
Scoring:
Instructions
Answers are entered in the cells with gray backgrounds.
ON

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