On october 1 2010 johnsons paid 1200 to the local newspaper

Assignment Help Accounting Basics
Reference no: EM13599996

On October 1, 2010, Johnson's paid $1,200 to the local newspaper for an advertisement to run every thursday for 12 weeks. All ads have been run expect for three thursdays in december to complete the 12-week contract.Record the adjusting entry that should be recorded for Johnson's at November 30, 2010.

Reference no: EM13599996

Questions Cloud

Allied companys small motor division manufactures a of : allied companys small motor division manufactures a of small motors used in household and office appliances. the
As the result of a comprehensive analysis it is determined : on january 1 2010 the balance in tabor co.s allowance for bad debts account was 13085. during the first 11 months of
The product selected called chap-off is a lip balm that : the product selected called chap-off is a lip balm that will be sold in a lipstick-type tube. the product will be sold
The design of a system is to be pursued from one of two : the design of a system is to be pursued from one of two available alternatives. each alternative has a life-cycle cost
On october 1 2010 johnsons paid 1200 to the local newspaper : on october 1 2010 johnsons paid 1200 to the local newspaper for an advertisement to run every thursday for 12 weeks.
Pat purchased 10 of nellie bell on january 1 2010 for : pat purchased 10 of nellie bell on january 1 2010 for 400000 cash and did not have the ability to exercise significant
If the balance in the interest receivable account increased : moiton co.s assets include notes receivable from customers. during fiscal 2010 the amount of notes receivable averaged
Transco plans on purchasing a bus for 75000 that will have : transco plans on purchasing a bus for 75000 that will have a capacity of 40 passengers. as an alternative a larger bus
At dalton playground equipment the powder-coating process : at dalton playground equipment the powder-coating process is a bottleneck. typically it takes approximately two hours

Reviews

Write a Review

Accounting Basics Questions & Answers

  Why is it important to record your transaction

How does it impacts the accounting equation. Make sure to identify the two accounts impacted. Why is it important to record your selected transaction?

  Differences-nol-allocation methods and taxes

What are the permanent and temporary differences? What is NOL? Why does it occur? What are the allocation methods? What are the deferred tax assets and deferred tax liability?

  Computing minimum amount of revenue

What is the minimum amount of revenue that each of these segments must generate to be considered separately reportable?

  What amount of compensation expense should smiley recognize

Weiser Corp. on January 1, 2007, granted stock options for 40,000 shares of its $10 par value common stock to its key employees. The market price of the common stock on that date was $23 per share and the option price was $20.

  Superior corporation acquired taylor corporation pursuant

superior corporation acquired taylor corporation pursuant to a statutory merger under state law. as a result of the

  Dividends were declared and paid during the year a gain of

alkine companys comparative balance sheet appears belowending beginningcash

  Pervasive factors-misstate assertions in expenditure cycle

Identify several pervasive factors that might motivate management to misstate assertions in the expenditure cycle.

  Camtech which expects to start operations on 1-1-2008 will

camtech which expects to start operations on 1-1-2008 will sell digital cameras in shopping malls. camtech has budgeted

  Final decision to purchase the machine

What other factors should the owner consider before making the final decision to purchase the machine?

  What are the relevant costs

In addition, some of CJP's facilities could be rented to a third party for $15,000 per year. What are the relevant costs for the "make" alternative?

  A company wishes to buy new equipment for 35000 the

a company wishes to buy new equipment for 35000. the equipment is expected to generate an additional 9600 in cash

  Corporate social responsibility

What role(s) does corporate social responsibility play in the development of a safety-first culture? What documents and strategies can management adopt to ensure that a corporate safety-first culture exists?

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