Problem 2 -36A Events for the complete accounting cycles Tous Drilling Company was formed on January 1 201 Events Affecting the 2011 Accounting...

This is Accounting 2010.

Event for two two complete a accounting cycles.

• Attachment 1
• Attachment 2
• Attachment 3

Problem 2 -36A Events for the complete accounting cyclesTous Drilling Company was formed on January 1 201Events Affecting the 2011 Accounting Period1 . Acquired cash of $50 000 from the issue of common stockTHE WALL2 . Purchased $800 of supplies on account .3 . Purchased land that cost $12000 cash .IT|4 . Paid $800 cash to settle accounts payable created in Event 2find5 . Recognized revenue on account of 838 090HERE6 . Paid $15000 cash for other operating expenseswillCollected $22000 cash from accounts receivable" if it WillInformation for 2019 Adjusting EntrieslastTHEI madejolt 91 18 . Recognized accrued salaries of $1 290 on December 31 2011 1 19 . Had $200 of supplies on hand at the end of the accounting periodCANADA1 1 1 1Events Affecting the 2012 Accounting PeriodHOW1 . Acquired an additional $19 909 cash from the issue of common stock2 . Paid $1 200 cash to settle the salaries payable obligation .3 . Paid $3 600 cash in advance for a lease on office facilities14 . Sold land that had cost $12 090 for $12MEETINGcash| |5 . Received SS , 400 cash in advance for services to be performed in the future6 . Purchased $1 000 of supplies on account during the year7 . Provided services on account of $26 000 .1 18 . Collected $28.000 cash from accounts receivable9 . Paid a cash dividend of s5 000 to the stockholders