Reference no: EM131137903
Selected account balances before adjustment for Alantic Coast Realty at July 31, 2016, the end of the current year, are as follows:
|
Debits
|
Credits
|
|
Accounts Receivable
|
$ 70,300
|
|
|
Equipment
|
345,500
|
|
|
Accumulated Depreciation-Equipment
|
|
$115,400
|
|
Prepaid Rent
|
9,100
|
|
|
Supplies
|
3,140
|
|
|
Wages Payable
|
|
-
|
|
Unearned Fees
|
|
13,700
|
|
Fees Earned
|
|
652,200
|
|
Wages Expense
|
314,300
|
|
|
Rent Expense
|
-
|
|
|
Depreciation Expense
|
-
|
|
|
Supplies Expense
|
-
|
|
Data needed for year-end adjustments are as follows:
a. Unbilled fees at July 31, $11,950.
b. Supplies on hand at July 31, $890.
c. Rent expired, $5,600.
d. Depreciation of equipment during year, $8,750.
e. Unearned fees at July 31, $2,040.
f. Wages accrued but not paid at July 31, $4,680.
|
Thomas magnum began operations as a private investigator
: Thomas Magnum began operations as a private investigator on January 1, 2010. The trial balance columns of the worksheet for Thomas Magnum, P.I. at March 31 are as follows.
|
|
What are the agents responsible for weathering of rocks
: What are the agents responsible for weathering of rocks?
|
|
Percentage of impurities in the given brand of peanut butter
: With reference to Exercise 32, construct a 90% confidence interval for the standard deviation of the population sampled, that is, for the percentage of impurities in the given brand of peanut butter.
|
|
Describe the differences among the three main clay minerals
: Describe the differences among the three main clay minerals.
|
|
Adjustment for alantic coast realty
: Selected account balances before adjustment for Alantic Coast Realty at July 31, 2016, the end of the current year, are as follows
|
|
Analysis shows that adjusting entries were made
: Analysis shows that adjusting entries were made to (1) accrue $4,500 of commission revenue and (2) accrue $1,500 interest expense.
|
|
What is the name for the spaces between mineral particles
: Explain the differences between a flocculated and a dispersed structure.
|
|
The large-sample confidence-interval formula
: With reference to Exercise 24, use the large-sample confidence-interval formula of Exercise 19 to construct a 99% confidence interval for the standard deviation of the annual growth of the given kind of cactus
|
|
How would the effective annual interest rate for problem 27
: How would the effective annual interest rate for Problem 27 change if the bank charged a 1% loan origination fee?In Problem 27, determine the effective annual interest rate on a $75,000 short-term loan, with a term of one year and a nominal interest ..
|