Amount of miali supplies expense for the year

Assignment Help Accounting Basics
Reference no: EM13858008

The cost of supplies purchased by the Miali company was $4500 during the year. Miali Used $3500 worth of those supplies during the year and still had $1000 worth of them left at year end. What was the amount of Miali's supplies expense for the year?

Reference no: EM13858008

Questions Cloud

How do they compare to those in other parts of the world : How do they compare to those in other parts of the world? Name Two question you would ask as it relates to this topic. Please provide references.
Compute the per-unit contribution margin for both models : During the past 15 months, a new product has been under development that allows users handheld access to e-mail and video images. - Compute the per-unit contribution margin for both models
Do the calculation using the law of corresponding states : Do the calculation using the law of corresponding states
How job stress contribute to deviant behavior in workplace : How can Job Stress contribute to unethical or deviant behavior in the workplace?(120 words)
Amount of miali supplies expense for the year : The cost of supplies purchased by the Miali company was $4500 during the year. Miali Used $3500 worth of those supplies during the year and still had $1000 worth of them left at year end. What was the amount of Miali's supplies expense for the y..
What are the most important elements of new product : A cross functional team at electronic toys has been assembled to create a range of new produces. what are the most important elements of new product development that that they need to focus their limited time on? justify to the group why
What information contained in the seven employees comments : What information contained in the seven employees' comments about their jobs relates to the core job characteristics of skill variety? answer should be at least 150 words.
Creating an er model including entity classes : You will need to start by creating an ER model, including both Entity Classes and attributes. This is to be done in MySQL Workbench
What income did allerton record from jenson : What income did Allerton record from Jenson in 2014? What income did Allerton record from Jenson in 2015?  Record the journal entry to recognize the conversion to the equity method?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Investment in debt securities at a discount

On May 1, 2010, Kirmer Corp. purchased $450,000 of 12% bonds, interest payable on January 1 and July 1, for $422,800 plus accrued interest. The bonds mature on January 1, 2016.

  The pixton company has budgeted production of 4000 units

the pixton company has budgeted production of 4000 units in march. each unit requires 1.5 hours of labor. the standard

  Explain the basics steps in payroll cycle

Explain the basics steps in payroll cycle, discuss the internal control weakness within payroll cycle in general and explain the choices or solutions available to overcome weakness within the payroll cycle.

  Machinery was purchased on january 1 2010 for 51000 the

1 on the balance sheet the amount shown for the allowance for doubtful accounts is equal to thea. uncollectible

  Ted needs to put additional capital into his solely owned

ted needs to put additional capital into his solely owned corporation in order to comply with changes in his states

  Calendar-year taxpayer

In 2010, Clair, a calendar-year taxpayer, purchased business equipment (7-year property) for $700,000. The property was placed in service during 2010 (and is being used exclusively in Clair's extremely profitable business).

  Explain how depreciation relates to the matching principle

Explain how depreciation relates to the matching principle.

  Xyz company entered into a lease of special equipment to

xyz company entered into a lease of special equipment to pace company. the lease term was six years. the equipment cost

  Total dividends paid to shareholders

In its most recent financial statements, Newhouse Inc. reported $50 million of net income and $810 million of retained earnings. The previous year, its balance sheet showed $780 million of retained earnings. What were the total dividends paid to s..

  It is estimated that the direct materials would be id

b comp. uses a job costing system. the following cost data are available from the books for the year ended 31st

  If you are a preferred stockholder of a company that has

as a preferred stockholder you are entitled to numerous preferences and privileges over common stockholders. if you are

  How much profit loss does the company make by processing

sohr corporation processes sugar beets that it purchases from farmers. sugar beets are processed in batches. a batch of

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd