Make the ajusting entries

Assignment Help Accounting Basics
Reference no: EM132481445

Question 1: She has no formal training as an accountant but does keep a summary of selected transactions for the fiscal year ended JANUARY 31, YEAR 2008. Making the ajusting entries.

Cost of merchandise purchases on account......$34,600

Wages paid to assistant.....$9,200

Salary paid to herself.....$12,000

Rent paid.....$4,800

Business taxes & licenses.....$330

Supplies purchased for cash....$2,950

Miscellaneous expenses paid.....$6,340

Reference no: EM132481445

Questions Cloud

Discuss the non-monetary factors : What cost-volume relationships should Paulsen take into consideration for the original price and the proposed new selling price?
What is the capital structure of respected organization : Determine whether the entity's financial position improved or deteriorated during the reporting period. Speculate on the causes from your review
Determine if can use sugar intake and hours of exercise : Determine if we can use sugar intake and hours of exercise to predict an individual's weight change, which test should we use?
Compute the amount of manufacturing overhead : Compute the amount of manufacturing overhead and the amount of direct materials that have been charged to these jobs as of June 30.
Make the ajusting entries : Accountant but does keep a summary of selected transactions for the fiscal year ended JANUARY 31, YEAR 2008. Making the ajusting entries.
Shortest route linear programming model : What is a process that could be improved by the application of a shortest route linear programming model? How would this model improve production, profit
What is the minimum sales price for steel blades : What is the minimum sales price for steel blades after it starts selling composite blades (assuming that it does)? For this problem, assume that composite blade
Determine and show the statement of profit or loss : Show the statement of profit or loss and statement of financial position extracts in respect of the grant in the first year under both methods.
PSY-1171 Child Growth and Development Assignment : PSY-1171 Child Growth and Development Assignment help and solution, Lethbridge College - assessment writing service

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.

  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!

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