Indicate the type of account of oakley inc

Assignment Help Financial Accounting
Reference no: EM13881361

Oakley, Inc., reported the following items in its financial statements. For each item, indicate (1) the type of account (A = asset, L = liability, SE = stockholders' equity, R = revenue, E = expense, D = dividend) and (2) whether it is reported on the income statement (I/ S), statement of retained earnings (SRE), and/ or balance sheet (B/ S).

1. Dividends

2. Common Stock

3. Sales Revenue

4. Equipment

5. Cash

6. Note Payable

7. Accounts Payable

8. Retained Earnings, Beginning of Year

Reference no: EM13881361

Questions Cloud

What is producer surplus after tariff : Suppose that the free trade price of a good is $12 and a 10% ad valorem tariff is put in place. Domestic production in a small country rises from 2000 units to 2300 units & domestic consumption falls from 2600 to 2500 units. What is producer surplus ..
Report a liability for that in addition to the note : In the March 2014 meeting of Valleck Corporation's board of directors, a question arose as to the way a possible obligation should be disclosed
Process maps and internal control considerations : Process maps and internal control considerations for Cluxton sales, billing, and collection processes
Use of preferential duties is inconsistent : Trying to explain why a country's use of preferential duties is inconsistent with the most-favored nations (MFN) treatment of trading partners by the country.
Indicate the type of account of oakley inc : Oakley, Inc., reported the following items in its financial statements. For each item, indicate (1) the type of account (A = asset, L = liability, SE = stockholders' equity, R = revenue, E = expense, D = dividend) and (2) whether it is reported on th..
Using a search engine, search the phrase sec channel : This chapter mentioned alleged fraudulent revenue reporting at Coca Cola and McAfee. Using a search engine, search the phrase SEC channel stuffing.
Draw a complete e-r diagram for the implementation : The office uses three dental laboratories that provide supplies and services, such as fabricating dentures. Draw a complete E-R Diagram for the implementation.
What we can say about the time complexity : What we can say about the time complexity of L1? Justify your answer. What we can say about the time complexity of L3? Justify your answer.
The completed spreadsheet problem 8-53.xls : See the completed spreadsheet Problem 8-53.xls on the instructor website. That spreadsheet has two tabs.

Reviews

Write a Review

Financial Accounting Questions & Answers

  What is entry to record the materials used during the period

The Columbus Company has three departments A,B, and C. Material requisitions amounted to $10,000, 8000, and 5000, respectively, for departments A, B and C. In addition $2000 of indirect materials were used during the period. What is the entry to reco..

  Selected t-accounts for rolm company are given below for

selected t-accounts for rolm company are given below for the just completed yearraw materialsmanufacturing overheadbal.

  Balance sheet of the captain jet inc

Balance sheet of the Captain Jet Inc

  Journalize the transactions in the general journal

Journalize the transactions in the general journal and Journal entries for various transactions in sole proprietorship

  The bonds selling at a premium or at a discount

kohls corporation's 7.25% bonds due in 2029 were reported as selling for 115,948. were the bonds selling at a premium or at a discount? why is kohls able to sell its bonds at this price?

  To accrue rent recognized but not yet received

By accessing this problem Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor.

  Unassigned fund and lowering interest cost

A government’s unassigned fund balance in the general fund at year-end should be indicative of the amount that the government has available for appropriation in future years. What is meant by an in-substance defeasance, and how can a government use i..

  Admission of shaw into the partnership

Prepare the journal entry that was made to record the admission of Shaw into the partnership - shaw purchased 20 percent of the respective capital balances of Miller and Davis, paying $20,000 cash directly to each of them.

  Prepare the detailed audit plan for examination

Prepare the detailed audit plan for the examination of the three accounts composing the stockholders’ equity section of Pate Corporation’s balance sheet.

  Discuss the nature of any modifications required

Discuss the nature of any modifications required to the standard unqualified audit report which will enable the drafting of the audit report on the 2007 annual financial statements of Client Ltd

  Determine the net present value of the projected cash flows

Determine the net present value of the projected cash flows at 1 July 2004 of the new Health Zone (Pty) Ltd club in Sandton for the period 1 July 2004 to 30 June 2009. Show all your workings.

  Prepare quarterly income statements showing income

Johnson Products Inc. has three regional divisions organized as profit centers. The chief executive officer (CEO) evaluates divisional performance, using income from operations as a percent of revenues.

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