Give adjusting journal entry

Assignment Help Accounting Basics
Reference no: EM133156362

Question - Barry the Office manager provided an office supply amount of $ 6,000. Did some digging and noticed another $ 3,000 had been ordered FOB shipping point on December 22. He wasn't sure what to do with that one. Give me adjusting journal entry?

Reference no: EM133156362

Questions Cloud

Major external threats facing chipotle mexican grill : What are the four major external threats facing Chipotle Mexican Grill and the four major opportunities? Realizing the importance of quantification in stating k
How much expense should ABC Ltd recognize : The first toy was manufactured on Jan 5, 2022. How much expense should ABC Ltd. recognize in its Dec 31, 2021 financial statements
Prepare the adjusting entry the company should make : The full amount was credited to Rent Revenue. Prepare the adjusting entry the company should make on September 30
What is justin expected annualized yield : Question - Justin Lee, a private investor, purchases a Treasury bill with a $10,000 par value for $9,645. What is Justin expected annualized yield
Give adjusting journal entry : Question - Barry the Office manager provided an office supply amount of $ 6,000. Give me adjusting journal entry
What is the value of the office building today : If demand increases, the building would be worth $63.4 million a year from today. What is the value of the office building today
Organizations in business management : Mention the three (3) social networks most used by organizations in business management. Explain how these networks support decision-making.
What is a financial benchmark : 1. What is a financial benchmark and what is it used for? 2. Why do managers examine trends when looking at financial statements?
Differentiate the company from competitors : Provide two or three examples of how a company you work for or are familiar with, perhaps even one you are a customer of, provides activities that add value to

Reviews

Write a Review

Accounting Basics Questions & Answers

  Create a new hybrid intervention model

Create a new hybrid intervention model, which components of each theory do you believe would be most effective with children in the legal system?

  The trial balance of winsor corporation is reproduced

The trial balance of Winsor Corporation is reproduced on the following page. The information below is relevant to the preparation of adjusting entries needed to both properly match revenues and expenses for the period and reflect the proper bal..

  What are the effects of modern technology on children

What impact does frequent violence (either from war or street violence) have on a community? What are the effects of modern technology on children?

  Calculate the product cost per unit for the basic products

MANAGEMENT ACCOUNTING ASSIGNMENT, Topic: Management Accounting Problem. Calculate the predetermined overhead rate that would be used under traditional overhead costing. Calculate the product cost per unit for the Basic and Advanced products under tra..

  What is the maximum cost per unit

What is the maximum cost per unit that can be incurred to manufacture the new product so that the product can be priced competitively

  Determine what is the amount of manufacturing overhead

Determine What is the amount of manufacturing overhead that would have been applied to all jobs during this period. The company incurred actual total fixed

  Prepare the journal entry to record the change

Prepare the journal entry to record the change in circumstance. Obtain the relevant authoritative literature on accounting

  How much should be put in the budget to pay

Everyone will receive a 5% cost of living increase on July 1st, 2015. How much should be put in the budget to pay you for 2015

  What is the amount of the child tax credit

The Koz family has adjusted gross income of $300,000. What is the amount of the child tax credit on the couple's income tax return

  What is the amount of net income on the income statement

Helen Parish started a design company on January 1, Year 1. What is the amount of net income on the Year 1 income statement

  Determine the financial implications of accepting the order

ABS Inc, produces air bag systems that it sells to North American automobile manufacturers. Determine the financial implications of accepting the order

  How many trucks should the boardsign a long term contract

How many trucks should the boardsign a long term contract? Weekly snowfall during is normallydistributed with a mean of 10 inches and a standard deviation of 3

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