User Account

All Pages

Computer inc purchase supplies

Assignment Help Accounting Basics
Reference no: EM13519966

Computer inc purchase supplies for $1000 doing 2102, at the end of the year computer had $800 supplies left. The adjusting entry should be ?

Reference no: EM13519966

Questions Cloud

Calculate the amount the hospital would report as patient : Jordan an auditor, is performing a routine review of a not-for-profit hospital and noted the following account balances in the statement of operations for the fiscal year ending
Law-theory-operational definition-proposition-phenomeom : List most concrete/specific to less concrete/abstract - plz give rationale for the order: law, theory, operational definition, proposition, phenomeom, therotical definition, variable, concept, assumption, conceptual framewrok, model
The revenues and expenses of such extended warranties : The revenues and expenses of such extended warranties?
DNA does not normally contain uracil : a. DNA does not normally contain uracil. b. DNA contains deoxyribose. c. DNA is usually composed of two nucleotide strands. d. DNA does not normally contain a phosphate group. e. The nucleotides of DNA are linked by phosphodiester linkages.
Computer inc purchase supplies : Computer inc purchase supplies for $1000 doing 2102, at the end of the year computer had $800 supplies left. The adjusting entry should be ?
How much in liabilities does ford owe : Ford Software began with cash of $10,000. Ford then bought supplies $2600 on account. Ford paid $4600 for a computer. How much assets does he have? How much in liabilities does Ford owe?
Use of lower-of-cost-or-market : If so, then lower-of-cost-or-market cannot be classified as a conservative method." Do you agree with this statement? Discuss.
Differences between the results of exploration and trade : Explain at least two (2) possible reasons for the differences between the results of exploration and trade by the Chinese and by the European states. Consider the reach of the Chinese Treasure Fleet and the global empires that Spain and Portugal e..
Explain what are the equilibrium concentrations of c6h5nh2 : What are the equilibrium concentrations of C6H5NH2, C6H5NH+3 , Cl-, H+, and OH- in an aqueous solution prepared by combining 50.0 mL of 0.0400 M C6H5NH+3 Cl- and 50.0 mL of 0.0100 M KOH? Kb = 7.4 x 10-10 for C6H5NH2.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Calculating ending inventory

Hassan Headgear is a baseball cap shop in Santa Cruz, CA, that began business on April 13, 2008. The company had the following inventory purchase records for the month.

  Problem related to beginning balance

If Cash has debit postings of $52,000, credit postings of $39,000, and a normal ending balance of $22,000, what was its beginning balance?

  Petition in bankruptcy

Burton did not notify Wilson of these facts. Two days later when Burton again presented the instrument for payment, Burton was told that Foxx's creditors had filed a petition in bankruptcy that morning. Which of the following statements is true?

  Entries to record transaction by using cost method

On october 1 2010 jordan reaquired 100 shares at $50. On november 1 2010 jordan reissued the 100 shares at $40. Jordan had no previous treasury stock transaction. Prepare jordan entries to record these transaction using the cost method.

  How is iris corporation taxed on the distribution

Iris Corporation owns 30% of Fresia Corporation's stock. On November 15, Fresia Corporation, with current E & P of $320,000, distributes land (fair market value of $100,000; basis of $160,000) to Iris. The land is subject to a liability of $80,000..

  Break-even point and targeted profit

Since break-even focuses on making zero profit, is it of value in determining how many units must be sold to make a targeted profit? if so, what is it. I'm struggling to understand this. Examples would be great as references.

  Presentation and one set for preparation of income taxes

Yet, current practice is to have one set of books for financial statement presentation and one set for the preparation of income taxes. Is this "kosher" and why do you agree or disagree with the practice?

  General government special assessments

Capital improvement costs incurred for general government special assessments projects requires recognition in

  Current liabilities section of the balance sheet

Prepare the current liabilities section of the balance sheet for Rock On Magazine Inc. on March 31, 2009.

  Calculation of the amount of the bonus

Wilson Co. has an agreement with the sales manager taht she is to recieve a bonus of 5% of net income after deduction of the bonus and income taxes. COmpany income before deduction of the bonus and income taxes is $250,000. Income taxes are 30% an..

  Compute the depreciation expense for the years

Compute the depreciation expense for the years indicated using the following methods. (Round to the nearest dollar.)

  Compute the ratios for return on assets and return on

from the balance sheetcash............................................................. 30000

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