SOLUTIONS MANUAL
Century 21 Accounting: Advanced
Claudia Bienias Gilbertson, Mark W. Lehman, and Daniel Passalacqua
ST
──────────────────────────────────────────────────
10th Edition
UV
IA
?_
AP
PR
OV
ED
? ?
, TABLE OF CONTENTS
Solutions Manual: Century 21 Accounting: Advanced, 10th Edition
By Claudia Bienias Gilbertson, Mark W. Lehman, and Daniel Passalacqua
ST
Chapter 1 Recording Departmental Purchases and Cash Payments
Chapter 2 Recording Departmental Sales and Cash Receipts
UV
Chapter 3 Calculating and Recording Departmental Payroll Data
Chapter 4 Financial Reporting for a Departmentalized Business
Chapter 5 Inventory Planning and Valuation
IA
Chapter 6 Accounting for Uncollectible Accounts
Chapter 7 Accounting for Plant Assets
?_
Chapter 8 Accounting for Notes Payable, Prepaid Expenses, and Accrued Expenses
Chapter 9 Accounting for Unearned Revenue, Accrued Revenue, and Installment Notes
Receivable
AP
Chapter 10 Organizing a Corporation
Chapter 11 Corporate Dividends and Treasury Stock
Chapter 12 Accounting for Bonds
PR
Chapter 13 Financial Reporting and Analysis for a Corporation
Chapter 14 Statement of Cash Flows
Chapter 15 Budgetary Planning and Control
OV
Chapter 16 Management Decision Making Using Cost-Volume-Profit Analysis
Chapter 17 Job Order Costing
Chapter 18 Management Decision Making Using Differential Analysis
ED
Chapter 19 Process Costing, Activity-Based Costing, and Product Pricing
Chapter 20 Internal Control
Chapter 21 Organizational Structure of a Partnership
??
Chapter 22 Financial Reporting for a Partnership
Chapter 23 Budgeting and Accounting for a Not-for-Profit Organization
Chapter 24 Financial Reporting for a Not-for-Profit Organization
1
, Chapter 1: Recording Departmental Purchases and Cash Payments
1-1 Application Problem
Step Music
Cash Payments Journal
3/31/2015
ST
Date Ck. No. Acct. Title Debit Credit Vendor
3/2/2015 C642 6105 Advertising Exp.--Guitars 350.00
3/2/2015 C642 1105 Cash 350.00
UV
3/5/2015 C643 2105 Accounts Payable 1,980.60 Airways Music
3/5/2015 C643 1105 Cash 1,940.99
3/5/2015 C643 5210 Purch. Disc.--Keyboards 39.61
IA
3/9/2015 C644 1405 Supplies 145.60
3/9/2015 C644 1105 Cash 145.60
?_
3/17/2015 C645 2105 Accounts Payable 2,406.00 Campbell Guitar
3/17/2015 C645 5110 Purch. Disc.--Guitars 48.12
3/17/2015 C645 1105 Cash 2,357.88
AP
3/24/2015 C646 5205 Purchases--Keyboards 235.95
3/24/2015 C646 1105 Cash 235.95
3/31/2015 C647 7125 Miscellaneous Expense 26.73
PR
3/31/2015 C647 5105 Purchases--Guitars 12.95
3/31/2015 C647 1405 Supplies 42.12
3/31/2015 C647 1105 Cash 81.80
OV
Totals 5,199.95 5,199.95
========== ==========
ED
??
, 1-M Mastery Problem
Jan's Jewelry
Purchases Journal
8/31/2015
Date Inv. No. Acct. Title Debit Credit Vendor
ST
8/2/2015 P567 5205 Purchases-Fine 4,367.00
8/2/2015 P567 2105 Accounts Payable 4,367.00 Austin Creations
8/16/2015 P568 5105 Purchases-Costume 4,642.00
UV
8/16/2015 P568 2105 Accounts Payable 4,642.00 Jenkins Designs
8/25/2015 P569 5105 Purchases-Costume 1,854.00
8/25/2015 P569 2105 Accounts Payable 1,854.00 Ketler Krafts
IA
Totals 10,863.00 10,863.00
========== ==========
?_
AP
PR
OV
ED
??
Century 21 Accounting: Advanced
Claudia Bienias Gilbertson, Mark W. Lehman, and Daniel Passalacqua
ST
──────────────────────────────────────────────────
10th Edition
UV
IA
?_
AP
PR
OV
ED
? ?
, TABLE OF CONTENTS
Solutions Manual: Century 21 Accounting: Advanced, 10th Edition
By Claudia Bienias Gilbertson, Mark W. Lehman, and Daniel Passalacqua
ST
Chapter 1 Recording Departmental Purchases and Cash Payments
Chapter 2 Recording Departmental Sales and Cash Receipts
UV
Chapter 3 Calculating and Recording Departmental Payroll Data
Chapter 4 Financial Reporting for a Departmentalized Business
Chapter 5 Inventory Planning and Valuation
IA
Chapter 6 Accounting for Uncollectible Accounts
Chapter 7 Accounting for Plant Assets
?_
Chapter 8 Accounting for Notes Payable, Prepaid Expenses, and Accrued Expenses
Chapter 9 Accounting for Unearned Revenue, Accrued Revenue, and Installment Notes
Receivable
AP
Chapter 10 Organizing a Corporation
Chapter 11 Corporate Dividends and Treasury Stock
Chapter 12 Accounting for Bonds
PR
Chapter 13 Financial Reporting and Analysis for a Corporation
Chapter 14 Statement of Cash Flows
Chapter 15 Budgetary Planning and Control
OV
Chapter 16 Management Decision Making Using Cost-Volume-Profit Analysis
Chapter 17 Job Order Costing
Chapter 18 Management Decision Making Using Differential Analysis
ED
Chapter 19 Process Costing, Activity-Based Costing, and Product Pricing
Chapter 20 Internal Control
Chapter 21 Organizational Structure of a Partnership
??
Chapter 22 Financial Reporting for a Partnership
Chapter 23 Budgeting and Accounting for a Not-for-Profit Organization
Chapter 24 Financial Reporting for a Not-for-Profit Organization
1
, Chapter 1: Recording Departmental Purchases and Cash Payments
1-1 Application Problem
Step Music
Cash Payments Journal
3/31/2015
ST
Date Ck. No. Acct. Title Debit Credit Vendor
3/2/2015 C642 6105 Advertising Exp.--Guitars 350.00
3/2/2015 C642 1105 Cash 350.00
UV
3/5/2015 C643 2105 Accounts Payable 1,980.60 Airways Music
3/5/2015 C643 1105 Cash 1,940.99
3/5/2015 C643 5210 Purch. Disc.--Keyboards 39.61
IA
3/9/2015 C644 1405 Supplies 145.60
3/9/2015 C644 1105 Cash 145.60
?_
3/17/2015 C645 2105 Accounts Payable 2,406.00 Campbell Guitar
3/17/2015 C645 5110 Purch. Disc.--Guitars 48.12
3/17/2015 C645 1105 Cash 2,357.88
AP
3/24/2015 C646 5205 Purchases--Keyboards 235.95
3/24/2015 C646 1105 Cash 235.95
3/31/2015 C647 7125 Miscellaneous Expense 26.73
PR
3/31/2015 C647 5105 Purchases--Guitars 12.95
3/31/2015 C647 1405 Supplies 42.12
3/31/2015 C647 1105 Cash 81.80
OV
Totals 5,199.95 5,199.95
========== ==========
ED
??
, 1-M Mastery Problem
Jan's Jewelry
Purchases Journal
8/31/2015
Date Inv. No. Acct. Title Debit Credit Vendor
ST
8/2/2015 P567 5205 Purchases-Fine 4,367.00
8/2/2015 P567 2105 Accounts Payable 4,367.00 Austin Creations
8/16/2015 P568 5105 Purchases-Costume 4,642.00
UV
8/16/2015 P568 2105 Accounts Payable 4,642.00 Jenkins Designs
8/25/2015 P569 5105 Purchases-Costume 1,854.00
8/25/2015 P569 2105 Accounts Payable 1,854.00 Ketler Krafts
IA
Totals 10,863.00 10,863.00
========== ==========
?_
AP
PR
OV
ED
??
