User Account

All Pages

Calculate the accounts payable balance in the general ledger

Assignment Help Financial Accounting
Reference no: EM132959151

A company has four vendors and the accounts payable subsidiary ledger shows the following balances.

Alpha $285,821

Beta 145,474

Gamma 89,943

Delta 41,187

Problem 1: Calculate the accounts payable balance in the general ledger.

a. 431,295

b. 285,821

c. 562,425

d. 276,604

Reference no: EM132959151

Questions Cloud

How much is the revaluation surplus to be recognized : If GHI uses the proportional method, what is the journal entry on Jan. 1, 2023 to record the revaluation? How much is the revaluation surplus to be recognized
What The is recorded for Southeastern Corporation : What The is recorded for Southeastern Corporation? Southeastern Corporation sold merchandise for $4,450 to Northern, Inc. on account.
How to downsize in a covid-19 world : Identify the criteria you will use in deciding how to downsize in a COVID-19 world.
What is the net carrying value of the plant after impairment : The expected cash flows from the unit is P1,200,000 for the first five years. What is the net carrying value of the plant after impairment
Calculate the accounts payable balance in the general ledger : Calculate the accounts payable balance in the general ledger. A company has four vendors and the accounts payable subsidiary ledger shows balances.
Analyze conseco current culture and structure : 1. Who are the stakeholders in this case? How are they affected by what has happened?
Continuum of subject-respondent-informant-expert : Suppose a consultant is brought in to see why a project went wrong at an organization. The objective is to learn the truth about what happened in order to guard
Find Which of correctly describes effect of transaction : Which of the correctly describes the effect of this transaction? Assume a perpetual inventory system is used. Merchandise Inventory decreases by $1,100.
Explain the purpose of key performance indicators : Explain the purpose of key performance indicators and outline three (3) approaches to developing them.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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