Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Bridgette Keyes is a licensed dentist. During the first month of the operation of her business, the following events and transactions occurred.
1
Invested $20,000 cash in the business.
Hired a secretary-receptionist at a salary of $700 per week payable monthly.
2
Paid office rent for the month $1,100.
3
Purchased dental supplies on account from Smile Company $4,000.
10
Performed dental services and billed insurance companies $5,100.
11
Received $1,000 cash advance from Heather Greene for an implant.
20
Received $2,100 cash for services performed from James Chang.
30
Paid secretary-receptionist for the month $2,800.
Paid $2,400 to Smile Company for accounts payable due.
Bridgette uses the following chart of accounts: No. 101 Cash, No. 112 Accounts Receivable, No. 126 Supplies, No. 201 Accounts Payable, No. 209 Unearned Service Revenue, No. 301 Owner's Capital, No. 400 Service Revenue, No. 726 Salaries and Wages Expense, and No. 729 Rent Expense.
Instructions
(a) Journalize the transactions.
(b) Post to the ledger accounts.
(c) Prepare a trial balance on April 30, 2014.
During 2006, NICO Corporation had EBIT of $100,000, a change in net fixed assets of $400,000, an increase in net current assets of $100,000, an increase in spontaneous current liabilities of $400,000, a depreciation expense of $50,000, and a tax r..
the brassy fin pet shop is considering an expansion. construction will cost 90000 and will be depreciated to zero
on december 31 year three fairfields auditors raise concerns that the plants market value might be below its net book
in the month of june jose heberts beauty salon gave 4000 haircuts shampoos and permanents at an average price of 30.
riley co. has outstanding 40 million face amount of 15 bonds that were issued on january 1 1998 for 39000000. the
Tromp Limited is an investment company that purchases buildings and holds them for a number of purposes such as resale, leasing and its own use.
nicole murphy and ashley drake formed a partnership investing 270000 and 90000 respectively.determine their
Consider the company you work for or a company in which you are interested. Also, do some research to find some current cost estimates for various means of financing working capital. What would be your recommendation to the company for financing i..
Sold merchandise inventory on account. Label the revenue recognition 5a and the expense recognition 5b.
on january 1 2009 jumper co. acquired all of the common stock of cable corp. for 540000. annual amortization associated
Ethical behavior is a corporate issue that affects the company's bottom line. How do ethical issues impact organizations and operations? Include an example seen in the workplace, in the news, etc. that relates to real-life situations. Your initial..
1. The court will not allow the theory of corporate personality to be used as a means of fraud or sharp practice - the judge has the power to 'draw aside the corporate veil'.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd