User Account

All Pages

Case-ben cartwright pest control

Assignment Help Business Management
Reference no: EM133041256

Ben Cartwright Pest Control has the following balances in selected accounts on December 31, 2020.

Notes Payable                                                     120,000

Prepaid Insurance                                               4,800

Supplies                                                             2,400

Equipment                                                          220,000                          

Unearned Service Revenue                                  27,000

All of the accounts have normal balances. The information below has been gathered at December 31, 2020.

Instructions: Prepare the adjusting entries at the end of 2020 for the items listed below.

1. Ben Cartwright Pest Control borrowed $120,000 by signing a 3%, one-year note on August 1, 2020.

2. Ben Cartwright Pest Control paid $4,800 for 12 months of insurance coverage on September 1, 2020.

3. On October 1, Ben Cartwright Pest Control purchased equipment for $220,000. The straight-line depreciation method is used with estimated useful life of 5 years and residual value of $20,000.

4. On November 1, 2020, Ben Cartwright Pest Control collected $27,000 for disinfecting processes to be performed from November 1, 2020, through April 30, 2021.

Reference no: EM133041256

Questions Cloud

Case study of puffinair : Since meeting in college and becoming best friends, Mary and Fatimaknew they would one day start a business together. Despite the pandemic lockdown, they now se
How combination is preferred to work in a dynamic : Problem: Research and describe at least four (4) different learning styles, and how a combination is preferred to work in a dynamic and diverse workplace.
Identify the issues that the company are experiencing : Identify the issues that the company are experiencing with their productivity in relation to the recruitment, selection and on-boarding procedures
Discuss three ways crm systems can help booksactually : 1) What security and privacy issues should Books Actually be concerned about when it goes online?
Case-ben cartwright pest control : Ben Cartwright Pest Control has the following balances in selected accounts on December 31, 2020.
Case-identifying benefits and features : 1. Describe this product in terms of its three levels of product = core value/need, actual product, and augmented product.
Study of human behaviour in the workplace : Demonstrate an understanding of how these theories can explain the way that people behave and interact at work - study of human behaviour in the workplace
Leadership-engagement and people performance : Ananya, a young designer, has joined an established design agency fresh out of college. She is brimming with excitement to convert her academic learnings into r
Discuss about innovation in banking : what would be sustainable innovation? What would be the objective/benefit? Who would be the target?

Reviews

Write a Review

Business Management Questions & Answers

  Describe two types of study designs

Problem: Describe two types of study designs, and indicate when each design can be used in a study.

  Policies can protect patients from faulty

A number of policies can protect patients from faulty, dangerous, or unnecessary medicines, medical procedures, and services. After completing the reading for the week identify one such policy, summarize how it protects patients, and state whether..

  Examples of specific hr actions or techniques

What are the important goals of human resource management? For each goal, give two examples of specific HR actions or techniques

  Important element in a compliance plan

What do you believe is the most important element in a compliance plan? Why?

  How your view of the organization

Share in a journal assignment whether and how your view of the organization( SALVATION ARMY). Are you able to better identify benefits among certain

  Marvel total long-term debt and total liabilities

What were Marvel's total long-term debt and total liabilities in 2018? Use the AFN equation to forecast Mayor's additional funds needed for the coming year.

  Define numeric records management

Define numeric records management, and list three reasons for storing records by the numeric method.

  Obtaining data that are representative of whole population

Which of the following quantitative research methods uses a relatively small group of people for testing

  What is the expected return of stock

The firm pays out 50% of its earnings as dividends. What is the expected return of this stock?

  What is cindy forecast for the number of rooms

She also forecasts 30 no-shows, 10 early departures and 20 over-stays. What is Cindy's forecast for the number of rooms occupied tomorrow?

  Important parts of everyday personal

Reflection and improvement are important parts of your everyday personal and professional life. Take time to think about what you've learned and done in this course. What do you know how to do that you couldn't do before? How have you grown? What ..

  What was vulcan consumption

In the economy of Vulcan in 2065 exports were $317, GDP was $5,998, Government Spending was $2,585, Investment was $627 and Imports were $319.

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