Institute Instituto Tecnológico y de Estudios Sup

Student Gerardo Bonilla Carrillo

RegisterA01685351
Mastery Finanzas
1.4 Resolver la
Tarea 1
Description:
Del libro de texto Financial Accou
los siguientes ejercicios:

1.3.1 Ejercicio 1-12; pág. 39

1.3.2 Problema 1-2 A; págs: 44-4
1.3.3 Problema 2-1 A; pág. 97 de

1.4.1. Solutions:
1.3.1 Ejercicio 1-12; pág. 39
EX 1-12 Transaction
The following selected transactions were completed by S
1. Received cash from owner as additional investmen
2. Purchased supplies for cash, $750.
3. Paid rent for February, $3,000.
4. Paid advertising expense, $1,500.
5. Received cash for providing delivery services, $16,
6. Billed customers for delivery services on account,
7. Paid creditors on account, $1,400.
8. Received cash from customers on account, $23,77
9. Determined that the cost of supplies on hand was
during
10. Paidthe month.
cash to owner for personal use, $5,000.
Instructions
Indicate the effect of each transaction on the accounting
through (10), in a column and inserting at the right of eac

a. Increase in an asset, decrease in another asset.

b. Increase in an asset, increase in a liability.
c. Increase in an asset, increase in owner’s equity.
d. Decrease in an asset, decrease in a liability.
e. Decrease in an asset, decrease in owner’s equity.

Solution:
1. c
2. b
3. e
 4. e
5. c
6. c
7. d
8. a
9. e
10. e

1.3.2 Problema 1-2 A; págs: 44-45

PR 1-2A Financial statements
The amounts of the assets and liabilities of Nordic Travel
the end of the year, and its revenue and expenses for the
1, 2019, the beginning of the year. During the year, Ian wi

Cuentas por Accounts payable

Cuentas por Accounts receivable
Efectivo Cash
Honorarios gFees earned
Tierra Land
Gasto miscelMiscellaneous expense

Instructions
1. Prepare an income statement for the year ended Decem
2. Prepare a statement of owner’s equity for the year ende
3. Prepare a balance sheet as of December 31, 2019.
4. What item appears on both the statement of owner’s eq

Solution:
1. Prepare an income statement for the year ended Decem

Nordic Travel Age

Income Stateme
for the year ended Deceme
Fees earned
Rent expense
Supplies expense
Utilities expense
Wages expense
Miscellaneous expense
Total expenses
Net income

2. Prepare a statement of owner’s equity for the year ende

 Nordic Travel Age
Statement of Owner’s
for the year ended Deceme
Ian Eisele´s, capital, January 1, 2019
Additional investment by owner
Net income for the year
Withdrawals
Increase in owner’s equity
Ian Eisele, capital, December 1, 2019

3. Prepare a balance sheet as of December 31, 2019.

Nordic Travel Age

Balance sheet
for the year ended Deceme

Cash
Accounts receivable
Land
Supplies
Total Assets

Accounts payable

Ian Eisele, capital, December 1, 2019

Total liabilities and owner’sequity

4. What item appears on both the statement of owner’s eq

The item whic on both the statement of owner´s equity an
Professional Fees

NOTES. payable

AOTOMIVILIES

1.3.3 Problema 2-1 A; pág. 97 del libro de texto.

A. receivable
A. payable

PR 2-1A Entries into T accounts and trial balance

Connie Young, an architect, opened an office on October
suplies

cash

connected with her professional practice:

36000 a. Transferred cash from a personal bank account to an

-2400 b. Paid October rent for office and workroom, $2,400.
25000 7800 -7800 c. Purchased used automobile for $32,800, paying $7,8
9000 d. Purchased office and computer equipment on accou
2150 -2150 e. Paid cash for supplies, $2,150.
-4000 f. Paid cash for annual insurance policies, $4,000.
 12200 12200 g. Received cash from client for plans delivered, $12,20
815 -815 h. Paid cash for miscellaneous expenses, $815.
-4500 -4500 i. Paid cash to creditors on account, $4,500
-5000 -5000 j. Paid $5,000 on note payable.******¿cash?
-2890 2890 k. Received invoice for blueprint service, due in Novem
18300 18300 l. Recorded fees earned on plans delivered, payment to
-6450 m. Paid salary of assistants, $6,450.
-1020 n. Paid gas, oil, and repairs on automobile for October

Instructions
1. Record these transactions directly in the following T acc
Insurance; Automobiles; Equipment; Accounts Payable; No
Blueprint Expense; Rent Expense; Automobile Expense; M
place the appropriate letter to identify the transaction.

2. Determine account balances of the T accounts. Account

a balance.
3. Prepare an unadjusted trial balance for Connie Young, A
4. Determine the net income or net loss for October.

Solution:
1. Record these transactions directly in the following T acc
Insurance; Automobiles; Equipment; Accounts Payable; No
Blue- print Expense; Rent Expense; Automobile Expense; M
accounts, place the appropriate letter to identify the trans

Cash
a. $ 36,000.00

Supplies
e. $ 2,150.00

Automobiles
c. $ 7,800.00

Accounts Payable
 Connie Young, Capital

Salary Expense

Rent Expense

Miscellaneous Expense

2. Determine account balances of the T accounts. Account

a balance.

Notes Payable

3. Prepare an unadjusted trial balance for Connie Young, A

Nordic Travel Age

Trial Balance
October 31, 201

Cash
Accounts Receivable
Supplies
Prepaid Insurance
Automobiles
Equipment
Accounts Payable
Notes Payable
Connie Young, Capital
Professional Fees
Salary Expense
Blueprint Expense
Rent Expense
Automobile Expense
Miscellaneous Expense
ecnológico y de Estudios Superiores de Monterrey
onilla Carrillo

Del libro de texto Financial Accounting Ed. 15 Resolver

los siguientes ejercicios:

1.3.1 Ejercicio 1-12; pág. 39

1.3.2 Problema 1-2 A; págs: 44-45
1.3.3 Problema 2-1 A; pág. 97 del libro de texto.

1-12; pág. 39
action
elected transactions were completed by Silverado Delivery Service during February:
d cash from owner as additional investment, $25,000.
ed supplies for cash, $750.
nt for February, $3,000.
vertising expense, $1,500.
d cash for providing delivery services, $16,800.
ustomers for delivery services on account, $32,500.
ditors on account, $1,400.
d cash from customers on account, $23,770.
ined that the cost of supplies on hand was $275 and $475 of supplies had been used
ashmonth.
to owner for personal use, $5,000.

ect of each transaction on the accounting equation by listing the numbers identifying the transactions, (1)
a column and inserting at the right of each number the appropriate letter from the following list:

e in an asset, decrease in another asset. a. Incremento en un activo, disminución en otro acti

e in an asset, increase in a liability. b Incremento en un activo, incremento en un pasivo
e in an asset, increase in owner’s equity. c. Incremento en un activo, aumento en el capital co
se in an asset, decrease in a liability. d. Disminución de un activo, disminución de un pasi
e in an asset, decrease in owner’s equity. e. Disminución de un activo, disminución del patrim
1-2 A; págs: 44-45
cial statements
the assets and liabilities of Nordic Travel Agency at December 31, 2019,
ear, and its revenue and expenses for the year follow. The capital of Ian Eisele, owner, was $670,000 on January
inning of the year. During the year, Ian withdrew $42,000.

$ 69,500.00 Rent expense $ 36,000.00 Gastos de alquiler

$ 285,000.00 Supplies $ 5,500.00 Suministros
$ 190,500.00 Supplies expense $ 4,100.00 Gastos de suministros
$ 912,500.00 Utilities expense $ 28,500.00 Gasto de los servicios públicos
$ 544,000.00 Wages expense $ 510,000.00 Gastos salariales
$ 6,400.00

come statement for the year ended December 31, 2019.

ement of owner’s equity for the year ended December 31, 2019.
ance sheet as of December 31, 2019.
pears on both the statement of owner’s equity and the balance sheet?

come statement for the year ended December 31, 2019.

Nordic Travel Agency

Income Statement
for the year ended Decemeber 31, 2019
$ 912,500.00
$ 36,000.00
$ 4,100.00
$ 28,500.00
$ 510,000.00
$ 6,400.00
$ 585,000.00
$ 327,500.00

ement of owner’s equity for the year ended December 31, 2019.
 Nordic Travel Agency
Statement of Owner’s Equity
for the year ended Decemeber 31, 2019
tal, January 1, 2019 $ 670,000.00
tment by owner $ -
$ 327,500.00
-$ 42,000.00
$ 285,500.00
al, December 1, 2019 $ 955,500.00

ance sheet as of December 31, 2019.

Nordic Travel Agency

Balance sheet
for the year ended Decemeber 31, 2019
Assets
$ 190,500.00
$ 285,000.00
$ 544,000.00
$ 5,500.00
$ 1,025,000.00
Liabilities
$ 69,500.00
Owner´s Equity
al, December 1, 2019 $ 955,500.00

nd owner’sequity $ 1,025,000.00

pears on both the statement of owner’s equity and the balance sheet?
n both the statement of owner´s equity and the balance sheet is Ian Eisele, capital, Decemeber 1, 2019 = $955,500.00

2-1 A; pág. 97 del libro de texto.

into T accounts and trial balance
n architect, opened an office on October 1, 2019. During the month, she completed the following transactions
her professional practice:

d cash from a personal bank account to an account to be used for the business, $36,000.
ber rent for office and workroom, $2,400.
used automobile for $32,800, paying $7,800 cash and giving a note payable for the remainder.
office and computer equipment on account, $9,000.
or supplies, $2,150.
or annual insurance policies, $4,000.
 ash from client for plans delivered, $12,200.*******¿cash?
for miscellaneous expenses, $815.
o creditors on account, $4,500
0 on note payable.******¿cash?
nvoice for blueprint service, due in November, $2,890. +¿cash?,¿a.receivabl?
ees earned on plans delivered, payment to be received in November, $18,300
y of assistants, $6,450.
oil, and repairs on automobile for October, $1,020.

transactions directly in the following T accounts, without journalizing: Cash; Accounts Receivable; Supplies; Prepaid
mobiles; Equipment; Accounts Payable; Notes Payable; Connie Young, Capital; Professional Fees; Salary Expense;
se; Rent Expense; Automobile Expense; Miscellaneous Expense. To the left of the amount entered in the accounts,
priate letter to identify the transaction.

count balances of the T accounts. Accounts containing a single entry only (such as Prepaid Insurance) do not need

nadjusted trial balance for Connie Young, Architect, as of October 31, 2019.
e net income or net loss for October.

transactions directly in the following T accounts, without journalizing: Cash; Accounts Receivable; Supplies; Prepaid
mobiles; Equipment; Accounts Payable; Notes Payable; Connie Young, Capital; Professional Fees; Salary Expense;
nse; Rent Expense; Automobile Expense; Miscellaneous Expense. To the left of the amount entered in the
the appropriate letter to identify the transaction.

Cash Accounts Receivable

g. $ 12,200.00

Supplies Prepaid Insurance

f. $ 4,000.00

Automobiles Equipment
d. $ 9,000.00

Accounts Payable Notes Payable

i. $ 4,500.00 j.
c.
 Connie Young, Capital Professional Fees
a. $ 36,000.00 l. $ 18,300.00

Salary Expense Blueprint Expense

m. $ 6,450.00 k.

Rent Expense Automobile Expense

b. $ 2,400.00 n.

Miscellaneous Expense
h. $ 815.00

count balances of the T accounts. Accounts containing a single entry only (such as Prepaid Insurance) do not need

Notes Payable
j. $ 5,000.00
c. $ 25,000.00

Account balance $ 30,000.00

nadjusted trial balance for Connie Young, Architect, as of October 31, 2019.

Nordic Travel Agency

Trial Balance
October 31, 2019.
Account Debit Credit
No. Balances Balances
$ 14,065.00 $ 14,280.00
$ 12,200.00 $ -
$ 2,965.00 $ -
$ 4,000.00 $ -
$ 7,800.00 $ -
$ 9,000.00 $ -
$ - $ 4,500.00
 $ 20,000.00
$ 36,000.00
$ - $ -
$ 6,450.00

$ 2,400.00
$ 1,020.00 $ -
$ 815.00 $ -

$ 60,715.00 $ 60,500.00

-$ 215.00
 1. Recibió efectivo del propietario como inversión adicional, $ 25,000.
2. Suministros comprados en efectivo, $ 750.
3. Alquiler pagado por febrero, $ 3,000.
4. Gastos de publicidad pagados, $ 1,500.
5. Recibió efectivo por la prestación de servicios de entrega, $ 16,800.
6. Clientes facturados por servicios de entrega a cuenta, $ 32,500.
7. Pagados a los acreedores a cuenta, $ 1,400.
8. Recibió efectivo de los clientes a cuenta, $ 23,770.
9. Determinó que el costo de los suministros disponibles era de $ 275 y que se habían utilizado $ 475 durante el mes.
10. Pagado en efectivo al propietario para uso personal, $ 5,000.

un activo, disminución en otro activo.

un activo, incremento en un pasivo.
un activo, aumento en el capital contable.
e un activo, disminución de un pasivo.
un activo, disminución del patrimonio neto.
 Los montos de los activos y pasivos de la Agencia de Viajes Nórdica al 31 de diciembre de 2019,
El final del año, y sus ingresos y gastos para el año siguiente. La capital de Ian Eisele,

propietario, fue de $ 670,000 el 1 de enero de 2019, al comienzo del año. Durante el año, Ian retiró $ 42,000.
astos de alquiler

astos de suministros
asto de los servicios públicos
astos salariales
= $955,500.00

a. El efectivo transferido de una cuenta bancaria personal a una cuenta que se usará para el negocio, $ 36,000.
b. Alquiler pagado en octubre por oficina y taller, $ 2,400.
c. Se compró un automóvil usado por $ 32,800, pagó $ 7,800 en efectivo y se entregó una nota por el resto.
d. Adquisición de equipo de oficina y computación a cuenta, $ 9,000.
e. Pago en efectivo por suministros, $ 2,150.
F. Pago en efectivo por pólizas de seguro anuales, $ 4,000.
g. Recibió efectivo del cliente por los planes entregados, $ 12,200.
h. Pago en efectivo por gastos varios, $ 815. yo. Pago en efectivo a los acreedores a cuenta, $ 4,500. j. Pagó $ 5,000 en la nota p
i. Pago en efectivo a los acreedores a cuenta, $ 4,500
j. Pagó $ 5,000 en la nota por pagar.
k. Factura recibida por el servicio de planos, con vencimiento en noviembre, $ 2,890.
l Las tarifas registradas ganadas en los planes entregados, el pago se recibirá en noviembre, $ 18,300
m. Salario pagado de los asistentes, $ 6,450.
n. Gasto pagado, petróleo y reparaciones en automóviles para octubre, $ 1,020.

1. Registre estas transacciones directamente en las siguientes cuentas T, sin registrar en el diario: Efectivo;
Cuentas por cobrar; Suministros; Seguro prepagado; Automóviles; Equipo; Cuentas por pagar; Pagar; Connie
Young, Capital; Honorarios profesionales; Gastos salariales; Gastos de impresión azul; Gastos de alquiler;
Gastos del automóvil; Gastos varios A la izquierda de la cantidad ingresada en las cuentas, coloque la letra
correspondiente para identificar la transacción.

$ 5,000.00
$ 25,000.00
$ 2,890.00

$ 1,020.00
5 durante el mes.
j. Pagó $ 5,000 en la nota por pagar. k. Factura recibida por el servicio de planos, con vencimiento en noviembre, $ 2,890. l Las tarifas regist
$ 2,890. l Las tarifas registradas ganadas en los planes entregados, el pago se recibirá en noviembre, $ 18,300. metro. Salario pagado de lo
metro. Salario pagado de los asistentes, $ 6,450.
Institute Instituto Tecnológico y de Estudios Superiores de Monterr
Student Gerardo Bonilla Carrillo
Register A01685351
Mastery in progress Finanzas

1.4 Resolver la Tarea 1

Description:
Del libro de texto Financial Accounting Ed. 15 Resolver los siguientes
ejercicios:

1.3.1 Ejercicio 1-12; pág. 39

1.3.2 Problema 1-2 A; págs: 44-45
1.3.3 Problema 2-1 A; pág. 97 del libro de texto.

1.4.1. Solutions:
1.3.1 Ejercicio 1-12; pág. 39
EX 1-12 Transaction
The following selected transactions were completed by Silverado Delivery Service du
1. Received cash from owner as additional investment, $25,000.
2. Purchased supplies for cash, $750.
3. Paid rent for February, $3,000.
4. Paid advertising expense, $1,500.
5. Received cash for providing delivery services, $16,800.
6. Billed customers for delivery services on account, $32,500.
7. Paid creditors on account, $1,400.
8. Received cash from customers on account, $23,770.
9. Determined that the cost of supplies on hand was $275 and $475 of supplies h
used during
10. Paid cashthe month.for personal use, $5,000.
to owner
Instructions
Indicate the effect of each transaction on the accounting equation by listing the numb
through (10), in a column and inserting at the right of each number the appropriate le

a. Increase in an asset, decrease in another asset.

b. Increase in an asset, increase in a liability.
c. Increase in an asset, increase in owner’s equity.
d. Decrease in an asset, decrease in a liability.
e. Decrease in an asset, decrease in owner’s equity.

Solution:
1. c
2. b
3. e
 4. e
5. c
6. c
7. d
8. a
9. e
10. e

1.3.2 Problema 1-2 A; págs: 44-45

PR 1-2A Financial statements
The amounts of the assets and liabilities of Nordic Travel Agency at December 31, 201
the end of the year, and its revenue and expenses for the year follow. The capital of Ia
January 1, 2019, the beginning of the year. During the year, Ian withdrew $42,000.

Cuentas por pagar Accounts payable $ 69,500.00

Cuentas por cobrar Accounts receivable $ 285,000.00
Efectivo Cash $ 190,500.00
Honorarios ganados Fees earned $ 912,500.00
Tierra Land $ 544,000.00
Gasto misceláneo Miscellaneous expense $ 6,400.00

Instructions
1. Prepare an income statement for the year ended December 31, 2019.
2. Prepare a statement of owner’s equity for the year ended December 31, 2019.
3. Prepare a balance sheet as of December 31, 2019.
4. What item appears on both the statement of owner’s equity and the balance sheet?

Solution:
1. Prepare an income statement for the year ended December 31, 2019.

Nordic Travel Agency

Income Statement
for the year ended Decemeber 31, 2019
Fees earned
Rent expense $ 36,000.00
Supplies expense $ 4,100.00
Utilities expense $ 28,500.00
Wages expense $ 510,000.00
Miscellaneous expense $ 6,400.00
Total expenses
Net income

2. Prepare a statement of owner’s equity for the year ended December 31, 2019.
 Nordic Travel Agency
Statement of Owner’s Equity
for the year ended Decemeber 31, 2019
Ian Eisele´s, capital, January 1, 2019
Additional investment by owner $ -
Net income for the year $ 327,500.00
Withdrawals -$ 42,000.00
Increase in owner’s equity
Ian Eisele, capital, December 1, 2019

3. Prepare a balance sheet as of December 31, 2019.

Nordic Travel Agency

Balance sheet
for the year ended Decemeber 31, 2019
Assets
Cash
Accounts receivable
Land
Supplies
Total Assets
Liabilities
Accounts payable
Owner´s Equity
Ian Eisele, capital, December 1, 2019

Total liabilities and owner’sequity

4. What item appears on both the statement of owner’s equity and the balance sheet?
The item whic on both the statement of owner´s equity and the balance sheet is Ian Eis

1.3.3 Problema 2-1 A; pág. 97 del libro de texto.

PR 2-1A Entries into T accounts and trial balance
Connie Young, an architect, opened an office on October 1, 2019. During the month, s
transactions connected with her professional practice:

36000 a. Transferred cash from a personal bank account to an account to be used for the
-2400 b. Paid October rent for office and workroom, $2,400.
-7800 c. Purchased used automobile for $32,800, paying $7,800 cash and giving a note p
d. Purchased office and computer equipment on account, $9,000.
-2150 e. Paid cash for supplies, $2,150.
-4000 f. Paid cash for annual insurance policies, $4,000.
12200 g. Received cash from client for plans delivered, $12,200.*******¿?
-815 h. Paid cash for miscellaneous expenses, $815.
-4500 i. Paid cash to creditors on account, $4,500
-5000 j. Paid $5,000 on note payable.******¿?
-2890 k. Received invoice for blueprint service, due in November, $2,890. ++++¡?
18300 l. Recorded fees earned on plans delivered, payment to be received in November, $
-6450 m. Paid salary of assistants, $6,450.
-1020 n. Paid gas, oil, and repairs on automobile for October, $1,020.

Instructions
1. Record these transactions directly in the following T accounts, without journalizing: C
Prepaid Insurance; Automobiles; Equipment; Accounts Payable; Notes Payable; Connie
Expense; Blueprint Expense; Rent Expense; Automobile Expense; Miscellaneous Expen
the accounts, place the appropriate letter to identify the transaction.

2. Determine account balances of the T accounts. Accounts containing a single entry on

need a balance.
3. Prepare an unadjusted trial balance for Connie Young, Architect, as of October 31, 20
4. Determine the net income or net loss for October.

Solution:
1. Record these transactions directly in the following T accounts, without journalizing: C
Prepaid Insurance; Automobiles; Equipment; Accounts Payable; Notes Payable; Connie
Expense; Blue- print Expense; Rent Expense; Automobile Expense; Miscellaneous Expe
the accounts, place the appropriate letter to identify the transaction.

Cash
a. $ 36,000.00

Supplies
e. $ 2,150.00

Automobiles
c. $ 7,800.00

Accounts Payable
i. $ 4,500.00
 Connie Young, Capital
a. $ 36,000.00

Salary Expense
m. $ 6,450.00

Rent Expense
b. $ 2,400.00

Miscellaneous Expense
h. $ 815.00

2. Determine account balances of the T accounts. Accounts containing a single entry on

need a balance.

Notes Payable
j. $ 5,000.00
c. $ 25,000.00

Account balance $ 30,000.00

3. Prepare an unadjusted trial balance for Connie Young, Architect, as of October 31, 20

Nordic Travel Agency

Trial Balance
October 31, 2019.
Account
No.
Cash
Accounts Receivable
Supplies
Prepaid Insurance
Automobiles
Equipment
Accounts Payable
Notes Payable
Connie Young, Capital
Professional Fees
Salary Expense
Blueprint Expense
Rent Expense
Automobile Expense
Miscellaneous Expense
os Superiores de Monterrey

esolver los siguientes

ted by Silverado Delivery Service during February:

vestment, $25,000. 1. Recibió efectivo del propietario como inversión adicional,
2. Suministros comprados en efectivo, $ 750.
3. Alquiler pagado por febrero, $ 3,000.
4. Gastos de publicidad pagados, $ 1,500.
es, $16,800. 5. Recibió efectivo por la prestación de servicios de entrega,
ccount, $32,500. 6. Clientes facturados por servicios de entrega a cuenta, $ 32
7. Pagados a los acreedores a cuenta, $ 1,400.
, $23,770. 8. Recibió efectivo de los clientes a cuenta, $ 23,770.
and was $275 and $475 of supplies had been 9. Determinó que el costo de los suministros disponibles era
00. 10. Pagado en efectivo al propietario para uso personal, $ 5,0

unting equation by listing the numbers identifying the transactions, (1)

t of each number the appropriate letter from the following list:

sset. a. Incremento en un activo, disminución en otro activo.

b Incremento en un activo, incremento en un pasivo.
quity. c. Incremento en un activo, aumento en el capital contable.
y. d. Disminución de un activo, disminución de un pasivo.
equity. e. Disminución de un activo, disminución del patrimonio neto.
 Travel Agency at December 31, 2019, Los montos de los activos y pasivos de la Agencia de Viajes N
for the year follow. The capital of Ian Eisele, owner, was $670,000 on El final del año, y sus ingresos y gastos para el año siguiente.
the year, Ian withdrew $42,000.
propietario, fue de $ 670,000 el 1 de enero de 2019, al comie
Rent expense $ 36,000.00 Gastos de alquiler
Supplies $ 5,500.00 Suministros
Supplies expense $ 4,100.00 Gastos de suministros
Utilities expense $ 28,500.00 Gasto de los servicios públicos
Wages expense $ 510,000.00 Gastos salariales

d December 31, 2019.

ear ended December 31, 2019.
9.
ner’s equity and the balance sheet?

d December 31, 2019.

el Agency
atement
ecemeber 31, 2019
$ 912,500.00

$ 585,000.00
$ 327,500.00

ear ended December 31, 2019.

el Agency
wner’s Equity
ecemeber 31, 2019
$ 670,000.00

$ 285,500.00
$ 955,500.00

9.

el Agency
sheet
ecemeber 31, 2019

$ 190,500.00
$ 285,000.00
$ 544,000.00
$ 5,500.00
$ 1,025,000.00

$ 69,500.00

$ 955,500.00

$ 1,025,000.00

ner’s equity and the balance sheet?

quity and the balance sheet is Ian Eisele, capital, Decemeber 1, 2019 = $955,500.00

ctober 1, 2019. During the month, she completed the following

tice:

unt to an account to be used for the business, $36,000. a. El efectivo transferido de una cuenta bancaria personal a u
$2,400. b. Alquiler pagado en octubre por oficina y taller, $ 2,400.
ing $7,800 cash and giving a note payable for the remainder. c. Se compró un automóvil usado por $ 32,800, pagó $ 7,800
n account, $9,000. d. Adquisición de equipo de oficina y computación a cuenta,
e. Pago en efectivo por suministros, $ 2,150.
00. F. Pago en efectivo por pólizas de seguro anuales, $ 4,000.
 , $12,200.*******¿? g. Recibió efectivo del cliente por los planes entregados, $ 12
h. Pago en efectivo por gastos varios, $ 815. yo. Pago en efec
i. Pago en efectivo a los acreedores a cuenta, $ 4,500
j. Pagó $ 5,000 en la nota por pagar.
November, $2,890. ++++¡? k. Factura recibida por el servicio de planos, con vencimiento
yment to be received in November, $18,300 l Las tarifas registradas ganadas en los planes entregados, el
m. Salario pagado de los asistentes, $ 6,450.
October, $1,020. n. Gasto pagado, petróleo y reparaciones en automóviles par

ng T accounts, without journalizing: Cash; Accounts Receivable; Supplies;

unts Payable; Notes Payable; Connie Young, Capital; Professional Fees; Salary
obile Expense; Miscellaneous Expense. To the left of the amount entered in
fy the transaction.

Accounts containing a single entry only (such as Prepaid Insurance) do not

oung, Architect, as of October 31, 2019.

er.

ng T accounts, without journalizing: Cash; Accounts Receivable; Supplies; 1. Registre estas transacciones directamente en las siguiente
unts Payable; Notes Payable; Connie Young, Capital; Professional Fees; Salary Cuentas por cobrar; Suministros; Seguro prepagado; Automó
mobile Expense; Miscellaneous Expense. To the left of the amount entered in Young, Capital; Honorarios profesionales; Gastos salariales; G
fy the transaction. Gastos del automóvil; Gastos varios A la izquierda de la canti
correspondiente para identificar la transacción.

Accounts Receivable
g. $ 12,200.00

Prepaid Insurance
f. $ 4,000.00

Equipment
d. $ 9,000.00

Notes Payable
j. $ 5,000.00
c. $ 25,000.00
 Professional Fees
l. $ 18,300.00

Blueprint Expense
k. $ 2,890.00

Automobile Expense
n. $ 1,020.00

Accounts containing a single entry only (such as Prepaid Insurance) do not

oung, Architect, as of October 31, 2019.

el Agency
ance
1, 2019.
Debit Credit
Balances Balances
$ 29,475.00 $ 35,075.00
$ 12,200.00 $ -
$ 2,150.00 $ -
$ 4,000.00 $ -
$ 7,800.00 $ -
$ 9,000.00 $ -
$ - $ 4,500.00
 $ 25,000.00
$ 36,000.00
$ - $ 18,300.00
$ 6,450.00
$ 2,890.00
$ 2,400.00
$ 1,020.00 $ -
$ 815.00 $ -

$ 78,200.00 $ 83,800.00

-$ 5,600.00
ario como inversión adicional, $ 25,000.
efectivo, $ 750.

ación de servicios de entrega, $ 16,800.

icios de entrega a cuenta, $ 32,500.
cuenta, $ 1,400.
tes a cuenta, $ 23,770.
os suministros disponibles era de $ 275 y que se habían utilizado $ 475 durante el mes.
ietario para uso personal, $ 5,000.
sivos de la Agencia de Viajes Nórdica al 31 de diciembre de 2019,
y gastos para el año siguiente. La capital de Ian Eisele,

el 1 de enero de 2019, al comienzo del año. Durante el año, Ian retiró $ 42,000.
na cuenta bancaria personal a una cuenta que se usará para el negocio, $ 36,000.
por oficina y taller, $ 2,400.
ado por $ 32,800, pagó $ 7,800 en efectivo y se entregó una nota por el resto.
ficina y computación a cuenta, $ 9,000.
stros, $ 2,150.
de seguro anuales, $ 4,000.
por los planes entregados, $ 12,200.
varios, $ 815. yo. Pago en efectivo a los acreedores a cuenta, $ 4,500. j. Pagó $ 5,000 en la nota por pagar. k. Factura recibida por el servicio
dores a cuenta, $ 4,500

cio de planos, con vencimiento en noviembre, $ 2,890.

as en los planes entregados, el pago se recibirá en noviembre, $ 18,300
entes, $ 6,450.
paraciones en automóviles para octubre, $ 1,020.

s directamente en las siguientes cuentas T, sin registrar en el diario: Efectivo;

os; Seguro prepagado; Automóviles; Equipo; Cuentas por pagar; Pagar; Connie
ofesionales; Gastos salariales; Gastos de impresión azul; Gastos de alquiler;
varios A la izquierda de la cantidad ingresada en las cuentas, coloque la letra
ar la transacción.
tura recibida por el servicio de planos, con vencimiento en noviembre, $ 2,890. l Las tarifas registradas ganadas en los planes entregados, e
en los planes entregados, el pago se recibirá en noviembre, $ 18,300. metro. Salario pagado de los asistentes, $ 6,450.
Institute Instituto Tecnológico y de Estudios Sup
Student Gerardo Bonilla Carrillo
RegisterA01685351
Mastery Finanzas
1.4 Resolver la
Tarea 1
Description:
Del libro de texto Financial Accou
los siguientes ejercicios:

1.3.1 Ejercicio 1-12; pág. 39

1.3.2 Problema 1-2 A; págs: 44-4
1.3.3 Problema 2-1 A; pág. 97 de

1.4.1. Solutions:
1.3.1 Ejercicio 1-12; pág. 39
EX 1-12 Transaction
The following selected transactions were completed by S
1. Received cash from owner as additional investmen
2. Purchased supplies for cash, $750.
3. Paid rent for February, $3,000.
4. Paid advertising expense, $1,500.
5. Received cash for providing delivery services, $16,
6. Billed customers for delivery services on account,
7. Paid creditors on account, $1,400.
8. Received cash from customers on account, $23,77
9. Determined that the cost of supplies on hand was
during
10. Paidthe month.
cash to owner for personal use, $5,000.
Instructions
Indicate the effect of each transaction on the accounting
through (10), in a column and inserting at the right of eac

a. Increase in an asset, decrease in another asset.

b. Increase in an asset, increase in a liability.
c. Increase in an asset, increase in owner’s equity.
d. Decrease in an asset, decrease in a liability.
e. Decrease in an asset, decrease in owner’s equity.

Solution:
1. c
2. b
3. e
 4. e
5. c
6. c
7. d
8. a
9. e
10. e

1.3.2 Problema 1-2 A; págs: 44-45

PR 1-2A Financial statements
The amounts of the assets and liabilities of Nordic Travel
the end of the year, and its revenue and expenses for the
1, 2019, the beginning of the year. During the year, Ian wi

Cuentas por Accounts payable

Cuentas por Accounts receivable
Efectivo Cash
Honorarios gFees earned
Tierra Land
Gasto miscelMiscellaneous expense

Instructions
1. Prepare an income statement for the year ended Decem
2. Prepare a statement of owner’s equity for the year ende
3. Prepare a balance sheet as of December 31, 2019.
4. What item appears on both the statement of owner’s eq

Solution:
1. Prepare an income statement for the year ended Decem

Nordic Travel Age

Income Stateme
for the year ended Deceme
Fees earned
Rent expense
Supplies expense
Utilities expense
Wages expense
Miscellaneous expense
Total expenses
Net income

2. Prepare a statement of owner’s equity for the year ende

 Nordic Travel Age
Statement of Owner’s
for the year ended Deceme
Ian Eisele´s, capital, January 1, 2019
Additional investment by owner
Net income for the year
Withdrawals
Increase in owner’s equity
Ian Eisele, capital, December 1, 2019

3. Prepare a balance sheet as of December 31, 2019.

Nordic Travel Age

Balance sheet
for the year ended Deceme

Cash
Accounts receivable
Land
Supplies
Total Assets

Accounts payable

Ian Eisele, capital, December 1, 2019

Total liabilities and owner’sequity

4. What item appears on both the statement of owner’s eq

The item whic on both the statement of owner´s equity an
Professional Fees

NOTES. payable

AOTOMIVILIES

1.3.3 Problema 2-1 A; pág. 97 del libro de texto.

A. receivable
A. payable

PR 2-1A Entries into T accounts and trial balance

Connie Young, an architect, opened an office on October
suplies

cash

connected with her professional practice:

36000 a. Transferred cash from a personal bank account to an

-2400 b. Paid October rent for office and workroom, $2,400.
25000 7800 -7800 c. Purchased used automobile for $32,800, paying $7,8
d. Purchased office and computer equipment on accou
2150 -2150 e. Paid cash for supplies, $2,150.
-4000 f. Paid cash for annual insurance policies, $4,000.
 12200 12200 g. Received cash from client for plans delivered, $12,20
815 -815 h. Paid cash for miscellaneous expenses, $815.
4500 -4500 i. Paid cash to creditors on account, $4,500
5000 -5000 j. Paid $5,000 on note payable.******¿cash?
-2890 2890 k. Received invoice for blueprint service, due in Novem
18300 18300 l. Recorded fees earned on plans delivered, payment to
-6450 m. Paid salary of assistants, $6,450.
1020 -1020 n. Paid gas, oil, and repairs on automobile for October

Instructions
1. Record these transactions directly in the following T acc
Insurance; Automobiles; Equipment; Accounts Payable; No
Blueprint Expense; Rent Expense; Automobile Expense; M
place the appropriate letter to identify the transaction.

2. Determine account balances of the T accounts. Account

a balance.
3. Prepare an unadjusted trial balance for Connie Young, A
4. Determine the net income or net loss for October.

Solution:
1. Record these transactions directly in the following T acc
Insurance; Automobiles; Equipment; Accounts Payable; No
Blue- print Expense; Rent Expense; Automobile Expense; M
accounts, place the appropriate letter to identify the trans

Cash
a. $ 36,000.00

Supplies
e. $ 2,150.00

Automobiles
c. $ 7,800.00

Accounts Payable
 Connie Young, Capital

Salary Expense

Rent Expense

Miscellaneous Expense

2. Determine account balances of the T accounts. Account

a balance.

Notes Payable

3. Prepare an unadjusted trial balance for Connie Young, A

Nordic Travel Age

Trial Balance
October 31, 201

Cash
Accounts Receivable
Supplies
Prepaid Insurance
Automobiles
Equipment
Accounts Payable
Notes Payable
Connie Young, Capital
Professional Fees
Salary Expense
Blueprint Expense
Rent Expense
Automobile Expense
Miscellaneous Expense
ecnológico y de Estudios Superiores de Monterrey
onilla Carrillo

Del libro de texto Financial Accounting Ed. 15 Resolver

los siguientes ejercicios:

1.3.1 Ejercicio 1-12; pág. 39

1.3.2 Problema 1-2 A; págs: 44-45
1.3.3 Problema 2-1 A; pág. 97 del libro de texto.

1-12; pág. 39
action
elected transactions were completed by Silverado Delivery Service during February:
d cash from owner as additional investment, $25,000.
ed supplies for cash, $750.
nt for February, $3,000.
vertising expense, $1,500.
d cash for providing delivery services, $16,800.
ustomers for delivery services on account, $32,500.
ditors on account, $1,400.
d cash from customers on account, $23,770.
ined that the cost of supplies on hand was $275 and $475 of supplies had been used
ashmonth.
to owner for personal use, $5,000.

ect of each transaction on the accounting equation by listing the numbers identifying the transactions, (1)
a column and inserting at the right of each number the appropriate letter from the following list:

e in an asset, decrease in another asset. a. Incremento en un activo, disminución en otro acti

e in an asset, increase in a liability. b Incremento en un activo, incremento en un pasivo
e in an asset, increase in owner’s equity. c. Incremento en un activo, aumento en el capital co
se in an asset, decrease in a liability. d. Disminución de un activo, disminución de un pasi
e in an asset, decrease in owner’s equity. e. Disminución de un activo, disminución del patrim
1-2 A; págs: 44-45
cial statements
the assets and liabilities of Nordic Travel Agency at December 31, 2019,
ear, and its revenue and expenses for the year follow. The capital of Ian Eisele, owner, was $670,000 on January
inning of the year. During the year, Ian withdrew $42,000.

$ 69,500.00 Rent expense $ 36,000.00 Gastos de alquiler

$ 285,000.00 Supplies $ 5,500.00 Suministros
$ 190,500.00 Supplies expense $ 4,100.00 Gastos de suministros
$ 912,500.00 Utilities expense $ 28,500.00 Gasto de los servicios públicos
$ 544,000.00 Wages expense $ 510,000.00 Gastos salariales
$ 6,400.00

come statement for the year ended December 31, 2019.

ement of owner’s equity for the year ended December 31, 2019.
ance sheet as of December 31, 2019.
pears on both the statement of owner’s equity and the balance sheet?

come statement for the year ended December 31, 2019.

Nordic Travel Agency

Income Statement
for the year ended Decemeber 31, 2019
$ 912,500.00
$ 36,000.00
$ 4,100.00
$ 28,500.00
$ 510,000.00
$ 6,400.00
$ 585,000.00
$ 327,500.00

ement of owner’s equity for the year ended December 31, 2019.
 Nordic Travel Agency
Statement of Owner’s Equity
for the year ended Decemeber 31, 2019
tal, January 1, 2019 $ 670,000.00
tment by owner $ -
$ 327,500.00
-$ 42,000.00
$ 285,500.00
al, December 1, 2019 $ 955,500.00

ance sheet as of December 31, 2019.

Nordic Travel Agency

Balance sheet
for the year ended Decemeber 31, 2019
Assets
$ 190,500.00
$ 285,000.00
$ 544,000.00
$ 5,500.00
$ 1,025,000.00
Liabilities
$ 69,500.00
Owner´s Equity
al, December 1, 2019 $ 955,500.00

nd owner’sequity $ 1,025,000.00

pears on both the statement of owner’s equity and the balance sheet?
n both the statement of owner´s equity and the balance sheet is Ian Eisele, capital, Decemeber 1, 2019 = $955,500.00

2-1 A; pág. 97 del libro de texto.

into T accounts and trial balance
n architect, opened an office on October 1, 2019. During the month, she completed the following transactions
her professional practice:

d cash from a personal bank account to an account to be used for the business, $36,000.
ber rent for office and workroom, $2,400.
used automobile for $32,800, paying $7,800 cash and giving a note payable for the remainder.
office and computer equipment on account, $9,000.
or supplies, $2,150.
or annual insurance policies, $4,000.
 ash from client for plans delivered, $12,200.*******¿cash?
for miscellaneous expenses, $815.
o creditors on account, $4,500
0 on note payable.******¿cash?
nvoice for blueprint service, due in November, $2,890. +¿cash?,¿a.receivabl?
ees earned on plans delivered, payment to be received in November, $18,300
y of assistants, $6,450.
oil, and repairs on automobile for October, $1,020.

transactions directly in the following T accounts, without journalizing: Cash; Accounts Receivable; Supplies; Prepaid
mobiles; Equipment; Accounts Payable; Notes Payable; Connie Young, Capital; Professional Fees; Salary Expense;
se; Rent Expense; Automobile Expense; Miscellaneous Expense. To the left of the amount entered in the accounts,
priate letter to identify the transaction.

count balances of the T accounts. Accounts containing a single entry only (such as Prepaid Insurance) do not need

nadjusted trial balance for Connie Young, Architect, as of October 31, 2019.
e net income or net loss for October.

transactions directly in the following T accounts, without journalizing: Cash; Accounts Receivable; Supplies; Prepaid
mobiles; Equipment; Accounts Payable; Notes Payable; Connie Young, Capital; Professional Fees; Salary Expense;
nse; Rent Expense; Automobile Expense; Miscellaneous Expense. To the left of the amount entered in the
the appropriate letter to identify the transaction.

Cash Accounts Receivable

g. $ 12,200.00

Supplies Prepaid Insurance

f. $ 4,000.00

Automobiles Equipment
d. $ 9,000.00

Accounts Payable Notes Payable

i. $ 4,500.00 j.
c.
 Connie Young, Capital Professional Fees
a. $ 36,000.00 l. $ 18,300.00

Salary Expense Blueprint Expense

m. $ 6,450.00 k.

Rent Expense Automobile Expense

b. $ 2,400.00 n.

Miscellaneous Expense
h. $ 815.00

count balances of the T accounts. Accounts containing a single entry only (such as Prepaid Insurance) do not need

Notes Payable
j. $ 5,000.00
c. $ 25,000.00

Account balance $ 30,000.00

nadjusted trial balance for Connie Young, Architect, as of October 31, 2019.

Nordic Travel Agency

Trial Balance
October 31, 2019.
Account Debit Credit
No. Balances Balances
$ 14,065.00 $ 13,970.00
$ 33,390.00 $ -
$ 3,985.00 $ -
$ 4,000.00 $ -
$ 7,800.00 $ -
$ 9,000.00 $ -
$ - $ 1,610.00
 $ 30,000.00
$ 36,000.00
$ - $ 18,300.00
$ 6,450.00
$ 2,890.00
$ 2,400.00
$ 1,020.00 $ -
$ 815.00 $ -

$ 85,815.00 $ 85,910.00

$ 95.00
 1. Recibió efectivo del propietario como inversión adicional, $ 25,000.
2. Suministros comprados en efectivo, $ 750.
3. Alquiler pagado por febrero, $ 3,000.
4. Gastos de publicidad pagados, $ 1,500.
5. Recibió efectivo por la prestación de servicios de entrega, $ 16,800.
6. Clientes facturados por servicios de entrega a cuenta, $ 32,500.
7. Pagados a los acreedores a cuenta, $ 1,400.
8. Recibió efectivo de los clientes a cuenta, $ 23,770.
9. Determinó que el costo de los suministros disponibles era de $ 275 y que se habían utilizado $ 475 durante el mes.
10. Pagado en efectivo al propietario para uso personal, $ 5,000.

un activo, disminución en otro activo.

un activo, incremento en un pasivo.
un activo, aumento en el capital contable.
e un activo, disminución de un pasivo.
un activo, disminución del patrimonio neto.
 Los montos de los activos y pasivos de la Agencia de Viajes Nórdica al 31 de diciembre de 2019,
El final del año, y sus ingresos y gastos para el año siguiente. La capital de Ian Eisele,

propietario, fue de $ 670,000 el 1 de enero de 2019, al comienzo del año. Durante el año, Ian retiró $ 42,000.
astos de alquiler

astos de suministros
asto de los servicios públicos
astos salariales
= $955,500.00

a. El efectivo transferido de una cuenta bancaria personal a una cuenta que se usará para el negocio, $ 36,000.
b. Alquiler pagado en octubre por oficina y taller, $ 2,400.
c. Se compró un automóvil usado por $ 32,800, pagó $ 7,800 en efectivo y se entregó una nota por el resto.
d. Adquisición de equipo de oficina y computación a cuenta, $ 9,000.
e. Pago en efectivo por suministros, $ 2,150.
F. Pago en efectivo por pólizas de seguro anuales, $ 4,000.
g. Recibió efectivo del cliente por los planes entregados, $ 12,200.
h. Pago en efectivo por gastos varios, $ 815. yo. Pago en efectivo a los acreedores a cuenta, $ 4,500. j. Pagó $ 5,000 en la nota p
i. Pago en efectivo a los acreedores a cuenta, $ 4,500
j. Pagó $ 5,000 en la nota por pagar.
k. Factura recibida por el servicio de planos, con vencimiento en noviembre, $ 2,890.
l Las tarifas registradas ganadas en los planes entregados, el pago se recibirá en noviembre, $ 18,300
m. Salario pagado de los asistentes, $ 6,450.
n. Gasto pagado, petróleo y reparaciones en automóviles para octubre, $ 1,020.

1. Registre estas transacciones directamente en las siguientes cuentas T, sin registrar en el diario: Efectivo;
Cuentas por cobrar; Suministros; Seguro prepagado; Automóviles; Equipo; Cuentas por pagar; Pagar; Connie
Young, Capital; Honorarios profesionales; Gastos salariales; Gastos de impresión azul; Gastos de alquiler;
Gastos del automóvil; Gastos varios A la izquierda de la cantidad ingresada en las cuentas, coloque la letra
correspondiente para identificar la transacción.

$ 5,000.00
$ 25,000.00
$ 2,890.00

$ 1,020.00
5 durante el mes.
j. Pagó $ 5,000 en la nota por pagar. k. Factura recibida por el servicio de planos, con vencimiento en noviembre, $ 2,890. l Las tarifas regist
$ 2,890. l Las tarifas registradas ganadas en los planes entregados, el pago se recibirá en noviembre, $ 18,300. metro. Salario pagado de lo
metro. Salario pagado de los asistentes, $ 6,450.
Los montos de los activos y pasivos de la Agencia de Viajes Nórdica al 31 de diciembre de 2019,
El final del año, y sus ingresos y gastos para el año siguiente. La capital de Ian Eisele,
propietario, fue de $ 670,000 el 1 de enero de 2019, al comienzo del año. Durante el año, Ian retiró $
 al 31 de diciembre de 2019,
ital de Ian Eisele,
el año. Durante el año, Ian retiró $ 42,000.
Institute Instituto Tecnológico y de Estudios Sup
Student Gerardo Bonilla Carrillo
RegisterA01685351
Mastery Finanzas
1.4 Resolver la
Tarea 1
Description:
Del libro de texto Financial Accou
los siguientes ejercicios:

1.3.1 Ejercicio 1-12; pág. 39

1.3.2 Problema 1-2 A; págs: 44-4
1.3.3 Problema 2-1 A; pág. 97 de

1.4.1. Solutions:
1.3.1 Ejercicio 1-12; pág. 39
EX 1-12 Transaction
The following selected transactions were completed by S
1. Received cash from owner as additional investmen
2. Purchased supplies for cash, $750.
3. Paid rent for February, $3,000.
4. Paid advertising expense, $1,500.
5. Received cash for providing delivery services, $16,
6. Billed customers for delivery services on account,
7. Paid creditors on account, $1,400.
8. Received cash from customers on account, $23,77
9. Determined that the cost of supplies on hand was
during
10. Paidthe month.
cash to owner for personal use, $5,000.
Instructions
Indicate the effect of each transaction on the accounting
through (10), in a column and inserting at the right of eac

a. Increase in an asset, decrease in another asset.

b. Increase in an asset, increase in a liability.
c. Increase in an asset, increase in owner’s equity.
d. Decrease in an asset, decrease in a liability.
e. Decrease in an asset, decrease in owner’s equity.

Solution:
1. c
2. b
3. e
 4. e
5. c
6. c
7. d
8. a
9. e
10. e

1.3.2 Problema 1-2 A; págs: 44-45

PR 1-2A Financial statements
The amounts of the assets and liabilities of Nordic Travel
the end of the year, and its revenue and expenses for the
1, 2019, the beginning of the year. During the year, Ian wi

Cuentas por Accounts payable

Cuentas por Accounts receivable
Efectivo Cash
Honorarios gFees earned
Tierra Land
Gasto miscelMiscellaneous expense

Instructions
1. Prepare an income statement for the year ended Decem
2. Prepare a statement of owner’s equity for the year ende
3. Prepare a balance sheet as of December 31, 2019.
4. What item appears on both the statement of owner’s eq

Solution:
1. Prepare an income statement for the year ended Decem

Nordic Travel Age

Income Stateme
for the year ended Deceme
Fees earned
Rent expense
Supplies expense
Utilities expense
Wages expense
Miscellaneous expense
Total expenses
Net income

2. Prepare a statement of owner’s equity for the year ende

 Nordic Travel Age
Statement of Owner’s
for the year ended Deceme
Ian Eisele´s, capital, January 1, 2019
Additional investment by owner
Net income for the year
Withdrawals
Increase in owner’s equity
Ian Eisele, capital, December 1, 2019

3. Prepare a balance sheet as of December 31, 2019.

Nordic Travel Age

Balance sheet
for the year ended Deceme

Cash
Accounts receivable
Land
Supplies
Total Assets

Accounts payable

Ian Eisele, capital, December 1, 2019

Total liabilities and owner’sequity

4. What item appears on both the statement of owner’s eq

The item whic on both the statement of owner´s equity an
Professional Fees

NOTES. payable

AOTOMIVILIES

1.3.3 Problema 2-1 A; pág. 97 del libro de texto.

A. receivable
A. payable

PR 2-1A Entries into T accounts and trial balance

Connie Young, an architect, opened an office on October
suplies

cash

connected with her professional practice:

36000 a. Transferred cash from a personal bank account to an

-2400 b. Paid October rent for office and workroom, $2,400.
25000 7800 -32800 c. Purchased used automobile for $32,800, paying $7,8
9000 d. Purchased office and computer equipment on accou
2150 -2150 e. Paid cash for supplies, $2,150.
-4000 f. Paid cash for annual insurance policies, $4,000.
 -12200 g. Received cash from client for plans delivered, $12,20
-815 h. Paid cash for miscellaneous expenses, $815.
4500 -4500 i. Paid cash to creditors on account, $4,500
-5000 -5000 j. Paid $5,000 on note payable.******¿cash?
-2890 2890 k. Received invoice for blueprint service, due in Novem
18300 18300 l. Recorded fees earned on plans delivered, payment to
-6450 m. Paid salary of assistants, $6,450.
-1020 n. Paid gas, oil, and repairs on automobile for October

Instructions
1. Record these transactions directly in the following T acc
Insurance; Automobiles; Equipment; Accounts Payable; No
Blueprint Expense; Rent Expense; Automobile Expense; M
place the appropriate letter to identify the transaction.

2. Determine account balances of the T accounts. Account

a balance.
3. Prepare an unadjusted trial balance for Connie Young, A
4. Determine the net income or net loss for October.

Solution:
1. Record these transactions directly in the following T acc
Insurance; Automobiles; Equipment; Accounts Payable; No
Blue- print Expense; Rent Expense; Automobile Expense; M
accounts, place the appropriate letter to identify the trans

Cash
a. $ 36,000.00

Supplies
e. $ 2,150.00

Automobiles
c. $ 7,800.00

Accounts Payable
 Connie Young, Capital

Salary Expense

Rent Expense

Miscellaneous Expense

2. Determine account balances of the T accounts. Account

a balance.

Notes Payable

3. Prepare an unadjusted trial balance for Connie Young, A

Cash
¿? Accounts Receivable
OK Supplies
OK Prepaid Insurance
Automobiles
OK Equipment
Accounts Payable
Notes Payable
Connie Young, Capital
Professional Fees
 Salary Expense
Blueprint Expense
OK Rent Expense
Automobile Expense
OK Miscellaneous Expense
ecnológico y de Estudios Superiores de Monterrey
onilla Carrillo

Del libro de texto Financial Accounting Ed. 15 Resolver

los siguientes ejercicios:

1.3.1 Ejercicio 1-12; pág. 39

1.3.2 Problema 1-2 A; págs: 44-45
1.3.3 Problema 2-1 A; pág. 97 del libro de texto.

1-12; pág. 39
action
elected transactions were completed by Silverado Delivery Service during February:
d cash from owner as additional investment, $25,000.
ed supplies for cash, $750.
nt for February, $3,000.
vertising expense, $1,500.
d cash for providing delivery services, $16,800.
ustomers for delivery services on account, $32,500.
ditors on account, $1,400.
d cash from customers on account, $23,770.
ined that the cost of supplies on hand was $275 and $475 of supplies had been used
ashmonth.
to owner for personal use, $5,000.

ect of each transaction on the accounting equation by listing the numbers identifying the transactions, (1)
a column and inserting at the right of each number the appropriate letter from the following list:

e in an asset, decrease in another asset. a. Incremento en un activo, disminución en otro acti

e in an asset, increase in a liability. b Incremento en un activo, incremento en un pasivo
e in an asset, increase in owner’s equity. c. Incremento en un activo, aumento en el capital co
se in an asset, decrease in a liability. d. Disminución de un activo, disminución de un pasi
e in an asset, decrease in owner’s equity. e. Disminución de un activo, disminución del patrim
1-2 A; págs: 44-45
cial statements
the assets and liabilities of Nordic Travel Agency at December 31, 2019,
ear, and its revenue and expenses for the year follow. The capital of Ian Eisele, owner, was $670,000 on January
inning of the year. During the year, Ian withdrew $42,000.

$ 69,500.00 Rent expense $ 36,000.00 Gastos de alquiler

$ 285,000.00 Supplies $ 5,500.00 Suministros
$ 190,500.00 Supplies expense $ 4,100.00 Gastos de suministros
$ 912,500.00 Utilities expense $ 28,500.00 Gasto de los servicios públicos
$ 544,000.00 Wages expense $ 510,000.00 Gastos salariales
$ 6,400.00

come statement for the year ended December 31, 2019.

ement of owner’s equity for the year ended December 31, 2019.
ance sheet as of December 31, 2019.
pears on both the statement of owner’s equity and the balance sheet?

come statement for the year ended December 31, 2019.

Nordic Travel Agency

Income Statement
for the year ended Decemeber 31, 2019
$ 912,500.00
$ 36,000.00
$ 4,100.00
$ 28,500.00
$ 510,000.00
$ 6,400.00
$ 585,000.00
$ 327,500.00

ement of owner’s equity for the year ended December 31, 2019.
 Nordic Travel Agency
Statement of Owner’s Equity
for the year ended Decemeber 31, 2019
tal, January 1, 2019 $ 670,000.00
tment by owner $ -
$ 327,500.00
-$ 42,000.00
$ 285,500.00
al, December 1, 2019 $ 955,500.00

ance sheet as of December 31, 2019.

Nordic Travel Agency

Balance sheet
for the year ended Decemeber 31, 2019
Assets
$ 190,500.00
$ 285,000.00
$ 544,000.00
$ 5,500.00
$ 1,025,000.00
Liabilities
$ 69,500.00
Owner´s Equity
al, December 1, 2019 $ 955,500.00

nd owner’sequity $ 1,025,000.00

pears on both the statement of owner’s equity and the balance sheet?
n both the statement of owner´s equity and the balance sheet is Ian Eisele, capital, Decemeber 1, 2019 = $955,500.00

2-1 A; pág. 97 del libro de texto.

into T accounts and trial balance
n architect, opened an office on October 1, 2019. During the month, she completed the following transactions
her professional practice:

d cash from a personal bank account to an account to be used for the business, $36,000.
ber rent for office and workroom, $2,400.
used automobile for $32,800, paying $7,800 cash and giving a note payable for the remainder.
office and computer equipment on account, $9,000.
or supplies, $2,150.
or annual insurance policies, $4,000.
 ash from client for plans delivered, $12,200.*******¿cash?
for miscellaneous expenses, $815.
o creditors on account, $4,500
0 on note payable.******¿cash?
nvoice for blueprint service, due in November, $2,890. +¿cash?,¿a.receivabl?
ees earned on plans delivered, payment to be received in November, $18,300
y of assistants, $6,450.
oil, and repairs on automobile for October, $1,020.

transactions directly in the following T accounts, without journalizing: Cash; Accounts Receivable; Supplies; Prepaid
mobiles; Equipment; Accounts Payable; Notes Payable; Connie Young, Capital; Professional Fees; Salary Expense;
se; Rent Expense; Automobile Expense; Miscellaneous Expense. To the left of the amount entered in the accounts,
priate letter to identify the transaction.

count balances of the T accounts. Accounts containing a single entry only (such as Prepaid Insurance) do not need

nadjusted trial balance for Connie Young, Architect, as of October 31, 2019.
e net income or net loss for October.

transactions directly in the following T accounts, without journalizing: Cash; Accounts Receivable; Supplies; Prepaid
mobiles; Equipment; Accounts Payable; Notes Payable; Connie Young, Capital; Professional Fees; Salary Expense;
nse; Rent Expense; Automobile Expense; Miscellaneous Expense. To the left of the amount entered in the
the appropriate letter to identify the transaction.

Cash Accounts Receivable

g. $ 12,200.00

Supplies Prepaid Insurance

f. $ 4,000.00

Automobiles Equipment
d. $ 9,000.00

Accounts Payable Notes Payable

i. $ 4,500.00 j.
c.
 Connie Young, Capital Professional Fees
a. $ 36,000.00 l. $ 18,300.00

Salary Expense Blueprint Expense

m. $ 6,450.00 k.

Rent Expense Automobile Expense

b. $ 2,400.00 n.

Miscellaneous Expense
h. $ 815.00

count balances of the T accounts. Accounts containing a single entry only (such as Prepaid Insurance) do not need

Notes Payable
j. $ 5,000.00
c. $ 25,000.00

Account balance $ 30,000.00

nadjusted trial balance for Connie Young, Architect, as of October 31, 2019.

Account Debit Credit

No. Balances Balances
-$ 23,135.00 -$ 40,335.00
$ 4,500.00 $ -
$ 2,150.00 $ -
$ 4,000.00 $ -
$ 32,800.00 $ -
$ 9,000.00 $ -
$ - $ 9,000.00
$ 12,200.00 52000
$ 36,000.00 $ 45,000.00
$ - $ - $ 7,000.00
$ 6,450.00

$ 2,400.00
$ 1,020.00 $ -
$ 815.00 $ -

$ 40,000.00 $ 57,200.00 $ 45,000.00

-$ 5,000.00
$ 17,200.00
 1. Recibió efectivo del propietario como inversión adicional, $ 25,000.
2. Suministros comprados en efectivo, $ 750.
3. Alquiler pagado por febrero, $ 3,000.
4. Gastos de publicidad pagados, $ 1,500.
5. Recibió efectivo por la prestación de servicios de entrega, $ 16,800.
6. Clientes facturados por servicios de entrega a cuenta, $ 32,500.
7. Pagados a los acreedores a cuenta, $ 1,400.
8. Recibió efectivo de los clientes a cuenta, $ 23,770.
9. Determinó que el costo de los suministros disponibles era de $ 275 y que se habían utilizado $ 475 durante el mes.
10. Pagado en efectivo al propietario para uso personal, $ 5,000.

un activo, disminución en otro activo.

un activo, incremento en un pasivo.
un activo, aumento en el capital contable.
e un activo, disminución de un pasivo.
un activo, disminución del patrimonio neto.
 Los montos de los activos y pasivos de la Agencia de Viajes Nórdica al 31 de diciembre de 2019,
El final del año, y sus ingresos y gastos para el año siguiente. La capital de Ian Eisele,

propietario, fue de $ 670,000 el 1 de enero de 2019, al comienzo del año. Durante el año, Ian retiró $ 42,000.
astos de alquiler

astos de suministros
asto de los servicios públicos
astos salariales
= $955,500.00

a. El efectivo transferido de una cuenta bancaria personal a una cuenta que se usará para el negocio, $ 36,000.
b. Alquiler pagado en octubre por oficina y taller, $ 2,400.
c. Se compró un automóvil usado por $ 32,800, pagó $ 7,800 en efectivo y se entregó una nota por el resto.
d. Adquisición de equipo de oficina y computación a cuenta, $ 9,000.
e. Pago en efectivo por suministros, $ 2,150.
F. Pago en efectivo por pólizas de seguro anuales, $ 4,000.
g. Recibió efectivo del cliente por los planes entregados, $ 12,200.
h. Pago en efectivo por gastos varios, $ 815. yo. Pago en efectivo a los acreedores a cuenta, $ 4,500. j. Pagó $ 5,000 en la nota p
i. Pago en efectivo a los acreedores a cuenta, $ 4,500
j. Pagó $ 5,000 en la nota por pagar.
k. Factura recibida por el servicio de planos, con vencimiento en noviembre, $ 2,890.
l Las tarifas registradas ganadas en los planes entregados, el pago se recibirá en noviembre, $ 18,300
m. Salario pagado de los asistentes, $ 6,450.
n. Gasto pagado, petróleo y reparaciones en automóviles para octubre, $ 1,020.

1. Registre estas transacciones directamente en las siguientes cuentas T, sin registrar en el diario: Efectivo;
Cuentas por cobrar; Suministros; Seguro prepagado; Automóviles; Equipo; Cuentas por pagar; Pagar; Connie
Young, Capital; Honorarios profesionales; Gastos salariales; Gastos de impresión azul; Gastos de alquiler;
Gastos del automóvil; Gastos varios A la izquierda de la cantidad ingresada en las cuentas, coloque la letra
correspondiente para identificar la transacción.

$ 5,000.00
$ 25,000.00
$ 2,890.00

$ 1,020.00
5 durante el mes.
j. Pagó $ 5,000 en la nota por pagar. k. Factura recibida por el servicio de planos, con vencimiento en noviembre, $ 2,890. l Las tarifas regist
$ 2,890. l Las tarifas registradas ganadas en los planes entregados, el pago se recibirá en noviembre, $ 18,300. metro. Salario pagado de lo
metro. Salario pagado de los asistentes, $ 6,450.