Make an amortization adjustment for the period

Assignment Help Accounting Basics
Reference no: EM132695188

Problem 1: Make an amortization adjustment for the period. This is for the year ended October 31, 20--. The Prepaid insurance shows a total value remaining of $100.00. The balance for the Prepaid Insurance in September was $400.

Reference no: EM132695188

Questions Cloud

Prepare the journal entry to record the year end adjustment : At December 31, 2016, Erwin Graphics, Prepare the journal entry to record the year end adjustment for the uncollectible accounts.
Describing interrelationship among a bacterial pathogen : Construct a paragraph or two describing the interrelationship among a bacterial pathogen, the affected host, and potential antimicrobial drugs in the developmen
Effective Listening-communication and speaking style : Describe two ways that you could improve in your listening skills. How would these improvements impact your communication and speaking style?
Why is protein added to the fermentation tubes : Why is protein added to the fermentation tubes
Make an amortization adjustment for the period : Make an amortization adjustment for the period. This is for the year ended October 31, 20--. The Prepaid insurance shows a total value remaining of $100.00.
Process of hazard control proactive : Is the process of hazard control a proactive, predictive, or a reactive process?
What roi for the year ended december was : What ROI for the year ended December 31, 2019 was? Average total stockholders' equity 500,000. Average total assets 750,000
How are these processes similar to microbes : If you chose plant cells, how are chloroplasts replicated within plant cells?
Preventions on bacillus anthrax : What are all the preventions that we should take based on Bacillus anthrax?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Find the company will need to borrow

Cash disbursements during the month are expected to total $80,500. Ignoring interest payments, during April the company will need to borrow

  Calculate the income tax liability using the tax rates

Calculate the income tax liability using the tax rates for December 2015 for each of the following unrelated C Corporations

  Determine the dollar amount of the variance

A evaluates performance by the use of a flexible budget, determine the dollar amount of the variance and if the variance is favorable or unfavorable

  What amount of net earnings under the cash and accrual bases

The company would report what amount of net earnings under the cash and accrual bases of accounting, respectively?

  Clarify the meaning of the word precedent for tax research

Clarify the meaning of the word precedent for tax research. What does it mean when the Internal Revenue Service announces a non-acquiescence

  What is the journal entry for the sale

Fleek Dress Company previously purchased 8,000 shares of treasury stock on the open market for $8 per share. What is the journal entry for the sale

  Show how to determine present value of lease payment

Show how to determine present value of lease payment with 14% discount rate for 8 year lease of equipment and annual payment of $2500

  Western state university uses job-cost records for various

western state university uses job-cost records for various research projects. a major reason for such records is to

  What is hawdware net remittance to rock on december

Under PFRS 15, what is HAWDWARE's net remittance to ROCK on December 31, 2020?On December 1, 2020 ROCKY Inc. delivered 100 sacks of a new cement product

  What circumstance is predominantly substantive approach

What is the difference between a predominantly controls approach versus a predominantly substantive approach to an audit. In what circumstance is each approach

  Determine the amount of sales that would be necessary

Question - Determine the amount of sales (units) that would be necessary under Break-Even Sales Under Present and Proposed Conditions

  What was the price- earnings ratio on harvest common stock

No capital stock transactions occurred. What was the price- earnings ratio on Harvest's common stock at December 31

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