Reference no: EM132344657
Question
Danos Company's partial worksheet for the month ended December 31, 2019, is shown below. Open the owner's capital account (account number 301) in the general ledger and record the December 1, 2019, balance of $76,000 shown on the worksheet.
INCOME STATEMENT BALANCE SHEETACCOUNT NAMEDEBIT CREDIT DEBIT CREDIT Cash 23,000 Accounts Receivable 24,400 Supplies 10,200 Equipment 66,000 Accum. Depr. - Equip. 22,400 Accounts Payable 20,200 D. Danos, Capital 76,000 D. Danos, Drawing 7,200 Fees Income 53,200 Salaries Expense29,200 Rent Expense4,000 Supplies Expense2,000 Depr. Exp. -Equip.5,800 Totals41,000 53,200 130,800 118,600 Net Income12,200 12,200 53,200 53,200 130,800 130,800
Prepare the closing entries for the Danos Company's on December 31, 2019
|
Discuss how archaeologists interpret symbols
: Discuss how archaeologists interpret symbols and how symbolism contributes to our understanding of past belief systems and religions.
|
|
Analyze health needs and healthcare delivery systems
: Analyze health needs, disparities, and healthcare delivery systems within the context of cultural, social, legal, political, and economic forces.
|
|
Calculate the second largeest share of the three
: In a ratio of 3:4:5 three bros invest in a project an amount of 875K. Calculate the second largeest share of the three. Round off to nearest 100th.
|
|
Persons are creators of their own lives
: Gerald Dworkin article, Autonomy and Informed Consent, holds that "persons are creators of their own lives." Can you give an example of this from your own life.
|
|
Prepare the closing entries for the danos company
: Danos Company's partial worksheet for the month ended December 31, 2019, is shown below. Open the owner's capital account.
|
|
Market structure and the role of government
: Market Structure And The Role Of Government. Discuss the two ways that product differentiation affects the demand for a product.
|
|
How do you determine a companys cash flow
: How do you determine a company's cash flow from their operating activities using the Indirect Method?
|
|
Could the board of directors declare a dividend
: If a company has $450,000 of retained earnings, what exactly does that mean? Could the board of directors declare a dividend of $450,000.
|
|
Three main sociological paradigms
: Your assignment this week asks to you think about the three main sociological paradigms again (conflict theory, functionalism, and symbolic interactionsim).
|