User Account

All Pages

Prepare a retained earnings statement for the year

Assignment Help Accounting Basics
Reference no: EM131810818

Question - Prepare a retained earnings statement for the year 2001

Supplies exp $15,600

Salaries and wages payable $2080

Salaries and wages expense $57500

Equipment 18,500

AP 1100

Service revenue 66,100

Rent Revenue 8500

Notes payable due in 2002- 1800

Common stock 16,000

Cash 29,200

AR 9780

Accumulated depreciation-equipment $6000

Divideds 4000

Depreciation expense4000

Retained earnings beginning of the year 34,000

Reference no: EM131810818

Questions Cloud

Explain which method is the most practical : How do we use computer-based budgeting in sensitivity analysis, Prepare a budgeted balance sheet as of June 30
Friction factor for elastomer inner tube of hydraulic hose : Derive the table values using the equations. You may use a friction factor given in Fig. for the elastomer inner tube of the hydraulic hose.
Calculate the pw of the revenue stream : The product will be discontinued at the end of Year 6. If the firm's interest rate is 10%, calculate the PW of the revenue stream.
What is the present worth of the machinery : What is the present worth of the machinery if the market rate of interest for Widget is 9%?
Prepare a retained earnings statement for the year : Prepare a retained earnings statement for the year 2001 - Salaries and wages payable $2080 and Equipment 18,500
What obstacle for system to overcome before foc is declared : What are the obstacles for this system to overcome before FOC is declared? Have fun with this. Make it fun. Instructions: Your initial post should be at least.
How much is the present cost : If inflation is 6% and Bob's interest rate is 15%, how much is the present cost (in Year-1 dollars) for a 5-year contract?
What is the pw of the payments : If your time value of money is 12%, what is the PW of the payments in Year-1 dollars if inflation is 0%? 3%? 6%? 9%? Indexes
Calculate the ratio of debt to assets : Calculate the ratio of debt to assets for 2011 and 2012, and discuss the implications of the change

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