Record the adjusting entry

Assignment Help Business Management
Reference no: EM131096386

When supplies are purchased they are recorded as an asset. An end of period stock-take (count) revealed a closing balance of $12,000. There was no opening balance and during the period $22,000 of supplies were purchased. Record the adjusting entry.

Reference no: EM131096386

Questions Cloud

Recommend to herborist company for international expansion : Herborist forges into the future they must clearly define a marketing strategy for their next target market. What marketing strategy would you recommend to Herborist company for international expansion?
What strategies do you employ to stay on-task and on-time : What are the three most important elements of personal and professional etiquette that you employ in your professional life? What are your strengths in communication in your professional life? What are your weaknesses?
Important aspect of research and development : Explain any three important aspect of research and development in the process of new product development. Draw and analyze the relationship between the product life cycle and marketing mix.
Modified to produce a leftmost parse as ll : (a) How could an LR parser be modified to produce a leftmost parse as LL(1) parsers do? Describe your answer in terms of the algorithm in Figure 6.3.
Record the adjusting entry : When supplies are purchased they are recorded as an asset. An end of period stock-take (count) revealed a closing balance of $12,000. There was no opening balance and during the period $22,000 of supplies were purchased. Record the adjusting en..
Display the number of correct and incorrect answers : After the user answers all the questions, display the number of correct and incorrect answers.
Organize and draft a strategic security plan : You were required to organize and draft a strategic security plan (SSP) for an organization that you selected and described. Having submitted this plan, you should have received feedback from the instructor.
Cultures affect the decision-making time of kranden : In what ways will French business cultures affect the decision-making time of Kranden & Associates should they decide to have a subsidiary plant there?
Design the logic for an application for a company : Modify Exercise 7a so that the report lists department names as well as numbers. The department names are shown in the accompanying table.

Reviews

Write a Review

Business Management Questions & Answers

  Prepare a student grading model

Prepare a student grading model for an accounting class using the Balanced Scorecard concepts - Rewards for performance can be based on current performance results

  How does an erp system like sap simplify

How does an ERP system like SAP simplify looking up customer numbers, setting a delivery date and charging a unique price to a given customer?Include a discussion of master data.

  What is difference among the government national mortgage

Illustrate what is the difference among the Government National Mortgage Agency (GNMA) and the Federal National Mortgage Association

  Identify the types of market systems

Provide a company overview, and identify the countries in which the corporation operates and identify the types of market systems and types of legal systems that exist in the countries where the corporation operates. What effect do these have on th..

  Explain the effects you believe the internets capabilities

Explain the effects you believe the Internet's capabilities will have on these brands and illustrate what should the owner of the brand do in light of them.

  Describe the concept of the self in the social world

Describe the concept of the self in the social world and Describe at least two social experiences that affected your personal development.

  Deliberate how adelphia communications'' executives violated

Drawing upon deontological ethics, deliberate how Adelphia Communications' executives violated the trust of the company's shareholders as well as the trust of that of the larger public.

  Inside it may be necessary to communicate persuasively

Inside it may be necessary to communicate persuasively to a boss, peer, or subordinate. Assess how or if your communication would vary in each situation

  Explain what kind of structure does walt disney have

What kind of structure does Walt Disney have (e.g. functional, multi-divisional or something else)? Does the structure seem well suited to the way the Walt Disney creates value?

  Define identify the kind of societal expectation of behavior

Explain Identify the kind of societal expectation of behavior and what standard of behavior is most appropriate

  Identify possible risks constraints and assumptions

Describe the project including the following: Describe and define the scope of the project. peculate as to how to control the scope. Identify possible risks, constraints, and assumptions

  Recruitment plans in the auto industryexamining ford motor

recruitment plans in the auto industryexamining ford motor companys recruitment planning processes answer the following

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd