Dominick lopez operates a consulting firm called tech today

Assignment Help Accounting Basics
Reference no: EM13578584

Dominick Lopez operates a consulting firm called tech today. On August 31, the company's records show the following accounts for the month of August. Use this information to prepare a balance sheet for the business.
Cash----$8360

  • Accounts receivable--$17000
  • Office supplies----$3250
  • Land----$46000
  • Office equipment----$18000
  • Accounts payable----$8000
  • D. Lopez capital, July 31 -----$4000
  • D.Lopez withdrawals -----$3000
  • Consulting fees earned ----$17000
  • Rent expense ----$4500
  • Salaries expense----$8000
  • Telephone expense ----$560
  • Miscelleneous expense---$280
  • Owner investments ----$80000

Reference no: EM13578584

Questions Cloud

If a bank is selected at random from this distribution what : q1. consider a standard deck of cards that has 26 red cards and 26 black cards. find the probability of
Actual service revenue for 2012 and expected service : minor landscaping company is preparing its budget for the first quarter of 2013. the next step in the budgeting process
A 95 confidence interval for a population mean was reported : a 95 confidence interval for a population mean was reported to be 152 to 160. if s 15 what sample size was used in this
During the most recent week she worked 46 hours her federal : paula giltz earns an hourly wage of 18 with time-and-a-half pay for hours worked over 40 per week. during the most
Dominick lopez operates a consulting firm called tech today : dominick lopez operates a consulting firm called tech today. on august 31 the companys records show the following
What is an interaction describe an example and identify : what is an interaction? describe an example and identify the variables within your population work social academic
What is a way for you to determine the financial health of : what is a way for you to determine the financial health of a company. name one and explain how it is computed? which
Each student report the number of cases they prepare weekly : a business student argues that an mba student is required to prepare more than five cases per week. a statistics
Determine the cash received from customers during the month : mac company engaged in the following transactions for the month of novembernovember 4 received a 6000 retainer from

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