Dynamic exhibit

Assignment Help Financial Accounting
Reference no: EM13867057

Dynamic Exhibit

1. When fees earned is $7,500 net income is $

2. When fees earned is $12,500 cash at November 30 is $

3.When the amount paid for land is $36,000 and the amount paid for expenses is $10,000, the balance in total assets after transaction (b) is $

4. When the amount paid for land is $36,000 and the amount paid for expenses is $18,000, the balance in total assets after transaction (b) is $

5. When the amount paid for land is $50,000 and the amount paid for expenses is $18,000, the balance in total assets after transaction (b) is $

6. When the amount paid for land is $50,000 and the amount paid for expenses is $10,000, the balance on the right side of the accounting equation after transaction (b) is $

For questions 3-6 I put

46,000

54,000

68,000

60,000 & there were incorrect

Reference no: EM13867057

Questions Cloud

How much raw materials were transferred to production : Benson Inc.'s accounting records reflect the following inventories: During 2013, Benson purchased $1,160,000 of raw materials, incurred direct labor costs of $200,000, and incurred manufacturing overhead totaling $128,000. How much raw materials were..
Respect to the formation and operation of the partnership : Bob and Kate form the BK Partnership, a general partnership, as equal partners. Bob contributes an office building with a $130,000 FMV and a $95,000 adjusted basis to the partnership along with a $60,000 mortgage, which the partnership assumes. Kate,..
Income taxes paid different under ifrs compared to u.s. gaap : How is the reporting of income taxes paid different under IFRS compared to U.S. GAAP?
Values for a lump sum assuming annual compounding : Find the following values for a lump sum assuming annual compounding: Assume that you won 35 million and the state will pay you 20 annual payments of 1.7 million each begining immediately. Rate of return on securities of similar risk to the lottery e..
Dynamic exhibit : Dynamic Exhibit-When fees earned is $7,500 net income is $. When fees earned is $12,500 cash at November 30 is $. When the amount paid for land is $36,000 and the amount paid for expenses is $10,000, the balance in total assets after transaction (b) ..
Alternatives yields the highest budgeted operating income : Compute the budgeted operating income for each of the following deviations from the original budget data. Which of these alternatives yields the highest budgeted operating income? Explain why this is the case.
One provision of the uk bribery act : One provision of the UK Bribery Act is that it applies to bribes that occur anywhere in the world by non-UK companies that conduct any part of their business in the United Kingdom.
Cash flows prepared under the indirect method : Trenton Corporation has the following items. Specify what will be added (A) or subtracted (S) in the operating activities section of the statement of cash flows prepared under the indirect method.
Effect of financing on earnings per share : Effect of Financing on Earnings per Share Domanico Co., which produces and sells biking equipment, is financed as follows: Determine the earnings per share of common stock, assuming that the income before bond interest and income tax is (a) $10,500,0..

Reviews

Write a Review

Financial Accounting Questions & Answers

  Production and direct materials budgets

Sales: Sales for the year are expected to total 1,400,000 units. Quarterly sales are 20%, 24%, 24%, and 32%, respectively. The sales price is expected to be $39 per unit for the first three quarters and $44 per unit beginning in the fourth quarter.

  Figure out the subsequent tax implications for bb

Figure out the subsequent Tax Implications for BB, Meaningful, American Red Cross, The Partnership and the Government. Income Tax and Gift Tax

  Require a statement of financial position

Require a Statement of Financial Position, Statement of profit and loss and other comprehensive income and a statement of changes in equity. Also require notes to accompany these statements.

  Calculate the missing amounts

Cash budget The monthly cash budgets for the second quarter of 2010 follow ($000 omitted) for Morrison Mfg. Co

  Four goals of a total quality management process

What are four goals of a total quality management process? How can Back to the Roots use TQM to improve its business activities?

  Corporate social responsibility and sustainability reporting

Identify the costs and benefits to a company of gathering, reporting, and disclosing non-financial information (ex.: Balanced Scorecard, Corporate Social Responsibility Reporting, Sustainability Reporting, etc.).

  Produces and sells single product

Florek Inc. produces and sells a single product. The company has provided its contribution format income statement for March. Sales (6,700 units) $ 368,500 Variable expenses 268,000 Contribution margin 100,500 Fixed expenses 88,000 Net operating inco..

  Record merchandising operation''s activities

Making the journal entries to record merchandising operation's activities create the journal entries necessary to record the following eight transactions.

  Evaluate the debt service fund of a governmental entity

With regard to the resources dedicated to the acquisition of fixed assets that will be used in general government activities, which of the following is true?

  Compute general mills accounts receivable turnover ratio

Compute General Mills's accounts receivable turnover ratio and the average collection period for accounts receivable in days.

  Manual practice set refer to the feedback sheet attached to

refer to the feedback sheet attached to see where marks could be lost. you are not required to complete the

  Determine the total cost from the given datawinkle kotter

determine the total cost from the given data.winkle kotter and zale is a small law firm that contains 10 partners and

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