User Account

All Pages

Keep the necessary adjusting entries as a result

Assignment Help Accounting Basics
Reference no: EM132635329

Question - Kennedy Company has the following account balances at the end of the year:

Cost of goods sold $ 85,000; inventory $ 15,000; operating expenses $ 39,000; sales revenue $ 144,000; sales discounts of $ 1,600; and sales returns and allowances $ 2,300.

The physical inventory count shows that the inventory in stock is $ 14,400.

Requested - Keep the necessary adjusting entries as a result of the physical count.

Reference no: EM132635329

Questions Cloud

Data quality for data mining techniques : Discuss the importance of preprocessing the datasets to ensure better data quality for data mining techniques. Give an example from your own personal experience
How would you handle someone who has an uneven personality : Imagine a leader arriving at work each day with a very emotional or moody disposition. How would you handle someone who has an uneven personality and brings.
Eukaryotic pathogen of the digestive : Pick one bacterial, a viral, and eukaryotic pathogen of the Digestive, Circulatory, or lymphatic or nervous system.
Describe the different stages of the product life cycle : Describe the different stages of the Product Life Cycle. One example is a product that follows a typical PLC stages, and appears to be in the declining stage
Keep the necessary adjusting entries as a result : The physical inventory count shows that the inventory in stock is $14,400. Keep the necessary adjusting entries as a result of the physical count
Technological advances essay : Contrast and describe two technological advances that have positively impacted health care delivery in the United States.
Identify the scale or assessment that demonstrated the area : The course content has covered issues of racial, ethnic, cultural, religious, and sexual orientation identity; everyday microaggressions encountered.
How environmental factors have an impact on the positioning : Research the product positioning of similar products to determine the best positioning for your client's product, and explain your findings.
Describe your specific area of interest : Describe your specific area of interest. Explain how conducting research in this area will help you fulfill your career objectives (1 page).

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd