Data Saver Inc. Analysis

Data Saver, Inc. (1) Cash Patent Contributed capital (2) Incorporation costs Cash (3) Equipment Cash (4) Cash (5) (1) (2) (3) (4) (5) deal R&D Cash sales revenue Materials inventory Cash Cash Loans payable Loans payable Cash point in expense Cash Payroll Cash To distribute payroll Work-in-process inventory SG&A expense Payroll Equipment Cash (6) Already expensed - see above (7) Work-in-process inventory hoard depreciation (8) Work-in-process inventory 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 earnings Taking a streak balance RHS = Cr.

$336,000 $106,000 $8,000 $8,000 $650 $148,000 $148,000 $4,000 $2,400 $88,800 Memo: commencement watching materials inventory Puchases during period Available during period Ending inventory apply 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 faultless goods inventory SG&A expense Patent cooking for income taxes Cash revenue enhancement payable Retained earnings, dividends Cash Closing entries c1 c2 c3 c4 sales revenue Income summary 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 duck a full essay, hostelry it on our website: Ordercustompaper.com

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