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!
Problem 1: Prepare corrected trial balance by changing incorrect amounts and placing each amount in the proper column.
Wesley's Towing Service
Trial Balance
September 30, 20--
Account Title Debit Credit
Cash 13,000
Accounts Receivable 970
Supplies 200
Prepaid Insurance 2,300
Equipment 1 0,000
Accounts Payable 5,500
Wesley, Capital 20,500
Wesley, Drawing 320
Repair Fees 9,000
Wages Expense 6,500
Rent Expense 1,400
Advertising Expense 450
Utilities Expense 500
35,320 35,320
Question a. Be sure all accounts have been listed with the appropriate debit or credit balance and check column totals.
Question b. The debits to the Cash account are $37,421, and the credits are $34,381.
Question c. A $500 payment to a creditor was entered in the journal, but was not posted to the Accounts Payable account. Cash was properly posted.
Question d. The Advertising Expense total has a transposition error of $90.
Question e. Accounts Receivable contains a slide error.
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: - Explain the goals and uses of special journals.
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.
Term Structure of Interest Rates
Write a report on Internal Controls
Prepare the bank reconciliation for company.
Create a cost-benefit analysis to evaluate the project
Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR
Distinguish between liquidity and profitability.
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, Compound interest, discount rate, force of interest, AV, PV
CAPM and Venture Capital
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