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How do I journalize this transaction?
Recorded the week's sales of $51000, one third for cash, and two-thirds on account. All sales amounts are subject to a 5% sales tax.

Dr. Cash
Cr. Sales Tax...

My adjusting entries do not equal the balance of $4639.
Adjustments
A. An inventory of supplies found $990 on hand.
Dr. Supplies Expense 1310
Cr. Supplies 1310

B. A review of the insurance...

On September 30 a physical inventory was taken of merchandise on hand. The cost of merchandise on hand was determined to be $46700?

On the trial balance the inventory amount is $47499 + 142 =47641...

A review of the cash sales invoices determined that one sale of $450 (cost of merchandise $142) was unearned.
This is saying that it has been recorded but have to undo the sale and you have the...

A review of the cash sales invoices determined that one sale of $450 (cost of merchandise $142) was unearned.
This is saying that it has been recorded but have to undo the sale and you have the...

The furniture on the books of August 31 had an estimated salvage value of $4150 and 12 year life.
In August furniture - 37270 now in September 37780

I used the September one.
37780 - 4150/12 =...

Need help computing cost of goods sold and gross profit under FIFO, LIFO, Average cost. Beginning inventory 20 rolls @ $200, Purchase 8 rolls @ 300, Sale 15 rolls @ 500.

Year-end Adjusting entries
Do you use these two accounts Uncollectible Accounts and Allowance of uncollectible accounts?

Confused with numbers to use. Please help me!

Credit sales of 500,000...

How do I report receivables on its classified balance sheet?
Allowances for uncollectible accounts
Cash
Accounts receivable
Accounts payable
Salaries revenue
Other assets
Cost of goods sold...

How do I accrue the interest?

Note (1) Date Dec. 23 Principal Amount $13000 Interest rate 9% Term 1 year
Note (2) Date Nov. 30 Principal Amount 12000 Interest rate 12% Term 6 months
Note (3) Date Dec. 7 Principal Amount ...