User Account

All Pages

Prepare flounder november entry

Assignment Help Accounting Basics
Reference no: EM133079310

Question - Flounder Corporation borrowed $65,500 on November 1, 2020, by signing a $67,180, 3-month, zero-interest-bearing note. Prepare Flounder's November 1, 2020, entry; the December 31, 2020, annual adjusting entry; and the February 1, 2021, entry.

Reference no: EM133079310

Questions Cloud

What is the equilibrium price : The industry X is a duopoly. Firm 1 and Firm 2 compete through quantity-setting competition. The industry demand is P = 120 - Q, where Q is the total output of
Calculate the current value of the stock : Analysts expect its annual dividend to be $2.00 in the next year (i.e., Div1=$2.00). Calculate the current value of the stock
Considered inpatient or outpatient data : Explain whether the data represented above is considered inpatient or outpatient data.
Ethical challenges in latin american and asian cultures : Choose two cultures found in different world regions, and compare and contrast these cultures' values, business practices, and leadership styles.
Prepare flounder november entry : Prepare Flounder's November 1, 2020, entry; the December 31, 2020, annual adjusting entry; and the February 1, 2021, entry
Assignment on channel stuffing : 1. Waiting to ship out products until the beginning of the year
Apple supply chain for iPhone product : Review Apple's supply chain for its iPhone product. What differences set it apart from competitors?
Draw a muffin budget line : Assume that Muffin cannot resell these books. In a separate diagram, draw Muffin's budget line if she receives this present
Benefit the consumer and the manufacturer : If a vertical contract is undertaken to reduce costs in order to lower price it will typically:

Reviews

Write a Review

Accounting Basics Questions & Answers

  Prepare the appropriate entries for both Western Soya Co

Prepare the appropriate entries for both Western Soya Co. and Rhone-Metro on December 31, 2021. Show how Rhone-Metro calculated $156,000 annual lease payments

  Cost of goods sold includes 45000 of fixed manufacturing

snider inc. which has excess capacity received a special order for 3000 units at a price of 12 per unit which it could

  Prepare the journal entries by both gless and century

On July 1, 2016, when Gless's common stock had a market price of $33 per share, Century converted the bonds it held. Prepare the journal entries by both Gless and Century for the conversion of the bonds (book value method).

  Find which is not a benefit of decentralization

Which is NOT a benefit of decentralization? Lower-level managers may make decisions without fully understanding the big picture.

  Prepare a schedule of total standard manufacturing costs

Prepare a schedule of total standard manufacturing costs for the 7,800 output units in January 2012. For the month of January 2012, compute the variances

  Prepare knight inc.''s amortization schedule for lease terms

Kingdom Leasing Inc. agrees to lease jousting equipment to Knight Inc. on Jan 1, 2012. Prepare Knight Inc.'s amortization schedule for the lease terms

  What is the total manufacturing cost for job no x10

Tik Tok Company manufactures customized coffee tables. The following relates to Job No. X10, an order for 150 coffee tables: Direct materials used $22 800.

  How much will that car cost from today

Assume that the rate of inflation is 2 percent and continues indefinitely and that the cost of a car is currently $23,000. How much will that car cost

  Compute the total unemployment taxes

Peyton Company payroll for the year is $737,910 of this amount, compute the Total unemployment Taxes

  Short-term debt at december 31 is 4 million the treasurer

1. jasper inc. has a december 31 year-end.a. current assets are 30 million.b. current accrued liabilities are 9

  What was the selling price of the product

Gregory imported a product and marked it up by 45% of the cost. The amount of markup was $625. What was the selling price of the product

  Determining the decision trees

Keystone Manufacturing, Inc., is analyzing a new bid to supply the compa- ny with electronic control systems. Alpha Corporation has been supplying the systems, and Keystone is satisfied with its performance. However, a bid has just been received f..

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