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During September 2012, the business completed the following transactions:a. Issued common stock and received cash of $13,000.b. Performed service for a client and received cash of $900.c. Paid off the beginning balance of accounts payable.d. Purchased supplies from OfficeMax on account, $600.e. Collected cash from a customer on account, $700.f. Received cash of $1,600 and issued common stock.g. Consulted for a new band and billed the client for services rendered, $5,500.h. Recorded the following business expenses for the month:1. Paid office rent, $1,200.2. Paid advertising, $600.i. Returned supplies to OfficeMax for $110 from item d, which was the cost of the supplies.j. Paid cash dividends of $2,000.
If Department K had 2,000 units, 45% completed, in process at the beginning of the period, 12,000 units were completed during the period, and 1,200 units were 40% completed at the end of the period, what was the number of equivalent units of produ..
which one of the following is not a benefit of budgeting?it facilitates the coordination of activities.it provides
Bowman Company reported translation adjustments in its stockholders' equity section of $2,000,000. Such adjustments were added to the other items disclosed in Bowman's stockholders' equity.
You purchased an XIT auto for $18,000 by making a $3,000 cash payment and six semi annual installment payments for the balance at 12 percent interest. Determine the amount of each payment.
a corporation was formed on january 1. the corporate charter authorized 100000 shares of 10 par value common stock.
Hamilton Tool and Die Company purchased $72,000 of equipment with an estimated service life of 4 years. The equipment will be worth $4,000 at the end of its life. The annual amount of depreciation on this equipment is:
computer information services is a computer software consulting company. its three major functional areas are computer
earnings per share and retained earnings okra snack delights inc. has an operating profit of 210000. interest expense
arthur company is considering investing in an annuity contract that will return 26400 annually at the end of each year
Management at Breaker Corp. Expects an accounts receivable collecion pattern of 80 percent in the month of sale. 15 percent in the month after sale, and 5 percent in the second month after sale. All sales are on credit and Brker Corp.
1 pinacle corp. budgeted 300000 of overhead cost for 2012. actual overhead costs for the year were 290000. pinacles
for a recent year mcdonalds company-owned restaurants had the following sales sales and expenses in millionssales
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