Nguyen company began the year with owners equity of 217000

Assignment Help Accounting Basics
Reference no: EM13598161

Nguyen Company began the year with owner's equity of $217,000. During the year, Nguyen received additional owner investments of $294,000, recorded expenses of $840,000, and had owner drawings of $56,000. If Nguyen's ending owner's equity was $531,000, what was the company's revenue for the year?

Reference no: EM13598161

Questions Cloud

Issued 10000 shares of common stock for a building and land : problem 11-13 effects of stockholders equity transactions on the balance sheet.the following transactions occurred at
Pickett company typically sells subscriptions on an annual : pickett company typically sells subscriptions on an annual basis and publishes six times a year. the magazine sells
Consider the following information pertaining to a years : consider the following information pertaining to a years operations of youngstown manufacturingunits sold 1400units
Your portfolio is 200 shares of bmi stock the stock : your portfolio is 200 shares of bmi stock. the stock currently sells for 96 a share. the company has announced a
Nguyen company began the year with owners equity of 217000 : nguyen company began the year with owners equity of 217000. during the year nguyen received additional owner
A manager believes that the shelf life of apple juice is : a manager believes that the shelf life of apple juice is normally distributed. a sample of 30 containers of juice was
Beginning inventory consisted of 16000 units with a direct : beginning inventory consisted of 16000 units with a direct materials cost of 56800. the equivalent work represented by
In this case the customer is using six sigma to reduce : in this case the customer is using six sigma to reduce defects in a service.ltbr gtthe general situationltbr gta number
Prepare the interest payment schedule of the note for : on december 31 2012 the american bank enters into a debt restructuring agreement with barkley company which is now

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