Determine the ending oaa balance

Assignment Help Accounting Basics
Reference no: EM13126507

If the beginning balance in OAA is $3,900, and the following transactions occur, what is the ending OAA balance?

Depreciation recapture= $21,000

Payroll tax penalty=$4,200

tax-exempt interest $5,300

nontaxable life insurance proceeds=$50,000

insurance premiums paid (nondeductible)=$2,800

Reference no: EM13126507

Questions Cloud

List chances of experiment if there is particular concern : A firm will promote two employees out of a group of six men and three women. list the chances of this experiment if there is particular concern about gender equity.
Explain increases the temperature of the solution : Both potassium chloride (KCL) and potassium hydroxide (KOH) are very soluble in water. However, as one increases the temperature of the solution, KCL becomes more soluble and KOH becomes less soluble. Explain
What is the molarity of the strontium ion : The average concentration of strontium ion in seawater is 8.00 mg of strontium ion per kg of seawater. What is the molarity of the strontium ion if the density of the seawater is 1.025 g/mL.
Prime ideals-maximal ideals : Prove that if M is a maximal ideal of S and phi is surjective then phi^-1(M) is maximal ideal of R. Give an example to show that this need not be the case if phi is not surjective.
Determine the ending oaa balance : If the beginning balance in OAA is $3,900, and the following transactions occur, what is the ending OAA balance?
Explain how can the concept of batch-level activities : Explain how can the concept of batch-level activities be applied to an airline? What are two examples of batch-level activities for JetBlue? What steps has JetBlue taken to manage these batch-level activities more efficiently?
Pumper and squeezing the rubber septum as indicated : After you have made your observations, you can release the vacuum and allow the pressure inside to return to atmospheric pressure. Do this by removing the pumper and squeezing the rubber septum as indicated.
What do results say about testing with group data : What do these results say about testing with group data? Include in your answer the URLs of the sites where you found the necessary data.
Laurent series and power series : If F is a field, prove that the field of fractions of F[[x]] is the ring F((x)) of formal Laurent series. Show that the field of fractions of the power series ring Z[[x]] is properly contained in the field of Laurent series Q((x)).

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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