Data Saver Inc. Analysis

Data Saver, Inc. (1) money Patent Contributed capital (2) Incorporation be Cash (3) Equipment Cash (4) Cash (5) (1) (2) (3) (4) (5) Process R&D Cash sales revenue Materials livestock Cash Cash Loans due Loans payable Cash lodge in spending Cash Payroll Cash To distribute payroll Work-in-process caudex SG&A expense Payroll Equipment Cash (6) Already expensed - seem above (7) Work-in-process livestock Accumulated depreciation (8) Work-in-process fund 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 win 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: initiation ceremony materials inventory Puchases during period Available during period refinement 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 Tax payable Retained requita l, dividends Cash Closing entries c1 ! c2 c3 c4 Sales revenue Income succinct 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, stage it on our website: OrderEssay.net

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