Report on the income statement

Reference no: EM13131008

A supplies account has a balance of $810 at the beginning of the year and was debited during the year for $1,950, If $650 of supplies are on hand at the end of the year, the supplies expense to be reported on the income statement for the year would be what?

Reference no: EM13131008

Questions Cloud

Explain reaction of methanoic and ethanoic acids : Reaction of methanoic and ethanoic acids with CaCO3, If I have a 1 liter aqueous solution that contains 15 mg/L methanoic acid and 15 mg/L ethanoic acid

What amount of dividends will a shareholder owning share : What amount of dividends will a shareholder owning 100 shares receive in 2011 if Emily pays $1,000,000 in dividends?

What percent of the tires are likely to wear out : The "average" (mean) tire wore out at 41,000 miles, and the standard deviation was 4000 miles. Approximately what percent of the tires are likely to wear out before 40,200 miles?

Calculate and journalize the foreign exchange : An error was discovered during 2007. Specifically, depreciation expense was understated in 2005 resulting in the need for a Prior Period Adjustment of $25,000 before taxes.

Report on the income statement : A supplies account has a balance of $810 at the beginning of the year and was debited during the year for $1,950, If $650 of supplies are on hand at the end of the year, the supplies expense to be reported on the income statement for the year woul..

Explain how much will abc have in the account after five yr : Assume ABC Company deposits $50,000 with First National Bank in an account earning interest at 6% per annum, compounded semi-annually. Explain how much will ABC have in the account after five years if interest is reinvested?

Find probability that both husband-wife listening to radio : 30% of the time the wife is listening to the radio. Find the probability that:a. If the wife is listening to the radio, the husband is also listening to the radio.

Explain how did i get a greater recovery of benzoic acid : How did I get a greater than 100% recovery of benzoic acid?, To quickly summarize, the lab dealt with isolating benzoic acid from a mixture via chemically active extraction.

Diference between the common and preferred stock : Mega Inc, has common stock and 6% preferred stock outstanding as follows: Preferred stock: 10,000 shares, $100 par value, cumulative. Common stock 50,000 shares, $50 par value.

User Account

All Pages