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Lecture 2 Accounting Notes
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Rete ccommbiep Gunton. — ini = Assets = Liabilities ohare Halder Sucks. 4H 4,000,000 = &% 400,000 + 4,600,000 — —f eaeniinibidiindcemate gran —< — oT nbek Bacon Rac sassfat tet Dielad Dera Balan 1 i: Aa Genpiny tale Ab uence cP stot cod dale —_-deblared_assume bs be.> 700,000 _whalis NebPrcme ia fc. Sa A SE ie ae ang 0 HE = acklchiono) shares ‘Ttsuacl + NelTacne _ mn bividencls declawed 00000 ict. Toyeno a Neb interne. Xo a enioccen oslo. a ——_}—— ae, 300.000 ——______________>— BA pace pekuesdue baekes dean ; ___Gtolled —lby-an eubity oS.a4 resulta? pash - Asse 2 Assebs ulathese 4 yt be wlarhar ped tac wus agen ego |__2._shatkleran saveshme-b in marketable Seausthies —_ 8 Avowk Qectuoble ——@urtenoer _ 4. Noles Receuable. Axuidity — 5. Baveudtocy ——+—6—_Bupplies _ ee ee Ta aca Rated na tana dda snhtsgebengealting Se a a @ Ane een S. Prom itses wich Lay Gastioners and lel te Rt EE © Hadi ney + ele. bnt-akyeh ad. — — pena arene peyten int a,fe oog- fobs Fec(d) poe © |) fing Tor Asels (Aon currents Asets ; Non cuctesk oasebs. Tnelader 11 7 A — es pail je Hoe and. Spon (AeA Fred Ass) _ Soice & pment __~ on Balance Sheek _ Furie land enue louildop is Gorshushed fond, Aad Aequicd Best ake Rukuse —___Paavestnest lard nah fs ok Salajeek to depnteiakion because itis adel —_Gocl__lut others are_tnade lay Human, 0) Anton gible_fxed_ Ass a | _Aetoreltp_to_@AAP_ intangible Aseks are tole shun 00 balans— —______|___ Sheek ny TF they iP they ese Purchased. a = Polenks i Conall $$ a ie — Fnachises._ Gg leans bets Brel] eh yet Geodusil, epilation muskresull Bom -acquinnp — = Peo. 2 acquit aseks ond stir Lobes aby Gnfinnpht = Goo v0T| Aatels anel ban. ots eee on toh awe Anette ;|__—~ w Recataiganics sit ablaniehshlas 44,006,000. A\000 4000. L— See etre tel coe 7 we we | Nek Assok- ot Rear Mocteh Noho sist asi, doses 4, 500,e00 pt =—5i Sa0_,.000. he Ganda hn Kepnsi. cask —_ teh at Baek + =) G}.000,000__— + 5; 506,:000-= pt = SIO4000. = i Bp it ; 2 collet. Ac athe gains Acquisition Cost __a|y4i\ Cun _“ga, Bates — (2+ QuirotRodailities shock deren. Qeakichies) a _—t ore. cldligahoas thet will lae_ settled ley pa ed _by proedirt Cash, gees, 0 Secuites_wirthin the Coming year _ a 0 cue gupnit on At, —— @ acctucd « cS bsiltean toy Ose pple pam ay Gono clit pat Result in intredt ex pense ie Secu “> ogng 1 enn yon stk an Be Spc FN sons Syeacy equal _{nsiallmek . fApali. 2ol& —4 ee \s maar 400,060 Bankloan 4,600,000.____-Reetay prog). “| 3.9.8. lenyterm@atetres Cuehl cute Qniltes) Ainelakes. thakwattae seltleel_oter ons. yorknn takdole ofthe lnalane Shel, _ ___| Long Form _draboilotres Seu ee -O_Nates_Poyalole = Oop tem Banklcans @_ Bonds Poyoble 2 >» bails. by. corporations to lone rom) Boone pale — 7 Teed cht eget et be fee —_ Jnvestmenk ia secure bes. LTOveShneut washers ——— Tases\inewk 1 Bonds AR Daresskory, \oo;,000+ \ “ 1 cutee ocrtand _toa,aoa_ —@ NRO Ane yoog-| eb etegy __ Bupplies 20 4000 ToroVerriet diab, Aeon ___prepoud _Gep___ 90.009. 2 “Bindousrentfissek__iye'40000 eh en = 0 sent Ratt = “Teun t= —_etsona-— Totod Carmet Qcalo Foo 1000 : = —__|s 53 __tiones.« each 1d oP euscent Qrakilehes 1 Coeie ly (53.4 oF acre Aggeh | Compare agains Last sien Nea || -—Custerk Radon Por Gagonsy ast year ——¢ A wsfloo —| current RotroePor Caddies ouster coc} office tololy _ toy WypecP Gay aceuad eg 8) quick Robo — Focus. Relatan shaped shipbelweer Guick Assets and _ totol curt Gabrlehies Quick Radio 696000 yan OBB _ _ Fo0;000 : oe | dich means each AGE cusreat Qealcies ve Gerd a a bins 1 i Ou A 8 flee fale area Se —eggil dggses 1) sematenre (oma mT by tnd d)_ Al eawraacae Qwik aftte Pllowng. is an_opeatag Revenue oasis @)_unurnedl aft _c)— Rent Revenue! 1) duviderds dome @)atme swt tena] = 4y/9.096 HL 12) 86.909. Asks 900,000 4,400,000 ae Se es Sec byerd Pye year. tole) SHE 7 lo) Tnerensed loy 2,000,000. — : eS 44a oc —fagger 494.606 x Aesressea lay dao 4.000ishis oe ____ deca) toads) “RP: jhe_folal SHE SHE of boy the eal oP te yea dectasec|__ 7 _ Avance WOLONCANS Boy cat ug ; -@). Gorrpany made toss |b) No Shares sssuedh cl) No dividends declared L@) Now __ DB SHE Rssusyshates ap Nut Dicowd 1) hivicled cleared ae = Banoo —-+- tenor 490,000 Lh ee A Aza Me ype Ye -@ Fide lp the Ga rc he Fann inf L_ +S Managemen a , Se a ge = ne ) Darvestorsaind _Cred.chons: 1.) ansher 52. \aciktte main A A sare Tavettor sanders —
___ ald pastriedar __ ___ Bole yey ope oe on — Machina Jandy tui tag | Cost 910,000 - a | Gshrnaked Usehl tite toseeyenss \ “Ta Co. uses. “shraxedtee— | estimated —salvege value 80000) ___Wep» _| _| Wlakrs tre dee expense for Gt ueac? | annuaddlop __ 2101000 ~ 2006 B5;000 Pocany Ao - _Weacok yseRot eR, whack yethe. neh back value of mathina o& eral PY eo? __Octamulated dep atend oP 7. 9 5900%}.=- 195,000. {| NeHocok value, = 940,000_— 195,000.= 95,000 —@)|aholis the nek book value _akend Pyeal 15(=3,000— O) “Hie Muthine wos ssid okend of Ui, yaur Rar_1aj000 Wak gain oe Loss.2 = = — | Acumulated dep of eralat Yih = 25,000:x% = 100,000- ——|_Nek beck Value = 97404000.- [00,000 = 190,000-— |__ soc lases — sade® ake price Baokvol e po 14.0400 Ao ,a90 gee floss an Sale HaareSime Ose __ eet mati Assume. tak at the encl athe 8” ugar jtaestimated useball is adjusted to oe “Years Actumualtd dep, oF onda? @h = 25,000 X8.= 2591600 NeE book value = 940,000 — 900,000.= 0,000 NBD anil cep ayers 4, Beit, 12 a Netbook value ob ol estimate! Solvepevalus a _Qlouale., dep. Dep. Pur onaching pertout = = ae eae, + peta 1000) ee = ob 4 UB\oo0=_ 1000: an ft 2 il 80000 12. - ee mer er. SYN 126 ob0e tus —} piasbod ) sci hats Tegel ao |= Truck. cost — 380,000 7 a | ——estimaleel_ useful Bf Bo0,0b0 em ss _ DUWO92 yall 30,000. _ using units of Adivily Oep. _ —_ aclu) usage it! 50\000_ + a= —ar\ Yow tL 3d S000 _ | tstades dep. Pc sed ae - ____ | — depttaratton inlem = 340 000 -_30,000_ =f! 12 peck = - ___800,000-__ | dep tor ad = $5,000 x18 = Gb)000 _ | Wek iethe nek lack value ghend ofstdo L | Ace. depesiation aPenda® 3 3A =.( 5 000% 1000455) = 134,000 —_|__nebloonk value= 34eaa9_ 191000: = Q6,000______wp bh Declendng “Balance _Depataintina ( Arceleted Depactstne pe ps ————— ” 8,Que —_ get Hacliine Cosh ___ 950,000 _usePal Re tus Byeges ——Sshimaterl Salwopevalte _ 20,00 sing doula Balance alep_.uibatisdep. Gp. BeTJel 7 fap ale = ma a 25"lo | dep at yours 950000435 4e = 68,500 a agile 62606) % 8.5% = UC, SES | acd = (483, See eee iat —- -23 Gates. Recreuala . — | 864900 | Gurtent Agels —nemcurre st Asses 180,000 — 150,000. } gof = | ie. no.iafamalengiven.foc-noks tecieanble te whole | Jonenk ss. dreatesl ast! cucat | asseb —___ Year A) 100,000 b) 180,000 0) 239,000 __@Buacie.__ Assignment. _______ Bagel — [pad P33 bee ——s _HU-k 8ST Cingme_stalement , ste, balancesheet) __ © 3-3 P.uvas 7 Nid Tere Catacn Ansurerg _ Gscreckvon feesee ees — ) False whan Revenue rs-eensa [ | False peparted ak origiona cost (00,000 (4) folse Ma bole Pot peweniies & Cxpenser (S) “Tue [@9, Multiple choice Questa. @ <. Band c.-| Queshon Ss St eee Alen. Seeulce Graben — foes. ee ca - Wek Sates a BO _ CostaP males. geosspekt 930,000 _ L “Nek Love _ _ Byqoo - _Divededdeclarca = _o,00)<< Alext crportion ep Bo lence Shee le ______pageit. - — at a) al 301 peonanionian LE vOurenk Assok fh Cash. 30,000 = _ | -_Neles__ Recieuable _| — Shortterm seaunties | Go,000 | Actousts Recievable |_l00 4000 _| ___| _*_Sugplies. -30,000__| = qrepoud Advertising, | “2o000| 2 _ jt | Tobek Onto Asks. | Non Gurnee Assets. Tp ensn Swed agen —— Geequipmek. 27.0,000— | Ste) Non cunetasek | | D000 Whol _Asseks \ Aa9,00.0 \ hes Gustork Droleiihies - AP 5a;000 E NP 55,000. | Divideds pyalole Lo +000 - Balanes Payatole S5.0Q0. _ “TaneeS___ Payoto\e 1G, 7 7 eo = Tote cureut Qralo _ 136,000 : —}_____ Bonds _payatole = —ea acm - —Toted Qcabilities 236,660 _ + 6he — —— _Qntrilouted CS __| 250,000 | a DEE — 214 00) Tote) ge rc 464 00d Tolal she | (OG, 006\
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