User Account

All Pages

Make the Balance Sheet in narrative format as at June

Assignment Help Accounting Basics
Reference no: EM132997719

Question - Assume at 30 June 2020, Assets, Liability, Equity, Income and Expense amounts for ABC Building Renovation are presented below:

Cash in bank $68,400

Account receivable $202,800

Supplies $79,000

Equipment $226,800

Account payable $101,100

Capital ?

Service income $1,158,000

Salary expenses $483,000

Prepaid insurance $24,000

Supplies expenses $142,000

Bank loan $30,000

Advertising expenses $25,000

Required - Make the Balance Sheet in narrative (vertical) format as at 30 June 2020.

Reference no: EM132997719

Questions Cloud

Speech of personal significance : Speech of Personal Significance - what you feel comfortable sharing and you don't have to do any research
What would be the amount upon which a MACRS deduction : The building qualifies as 39-year recovery property and has a $20,000 salvage value. What would be the amount upon which a MACRS deduction
What is a component unit of a state and local government : Please state what these criteria are? What is a "component unit" of a state and local government
Research about the interviewee : Prepare several interview questions to ask the interviewee. The questions should not be questions to which the interviewee
Make the Balance Sheet in narrative format as at June : Assume at 30 June 2020, Assets, Liability, Equity, Income and Expense amounts for ABC Building Renovation. Make Balance Sheet in narrative format as at June
What qualitative factors would Colin consider : Colin O'Shea has a carpentry shop that employs 4 carpenters. What qualitative factors would Colin consider before he decides to buy the tabletop or make it
Demonstrate an understanding of agile concepts : Undertake research to demonstrate an understanding of Agile concepts, tools and techniques and Briefly describe an example of a current commonly known challenge
What is the current price of the stock : If investors require a return of 9.5% on The H & Son's stocks, what is the current price of the stock? What will the price be in three years? In 15 years
Determine the value of ending inventory : Determine the value of ending inventory and materials used under the following methods: a. FIFO - periodic and b. FIFO - perpetual

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