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!
The Black Hole, a unit of the Space Department, was established October 1, 2013. Its purpose is to probe deep space. It is financed by an appropriation from Congress. Following are the transactions of the agency during October 2013:October 1 The agency received a certified copy of an appropriation warrant from the Department of the Treasury for $ 900,000.October 1 The entire appropriation of $ 900,000 was apportioned by the OMB.October 1 Of the amount apportioned, $ 400,000 was allotted to the agency by the Space Department to finance its October operations.October 4 The agency ordered special training equipment at an estimated cost of $ 275,000.October 14 The equipment arrived, together with an invoice for $ 300,000. The equipment was accepted at the price charged, because the contract permitted a 10 percent cost overrun.October 24 The agency sent a disbursement schedule to Treasury requesting payment of the following items. (The agency does not obligate salaries or utility bills but maintains off line controls to ensure allotments are not exceeded.)Equipment....... $ 300,000Salaries....... 75,000Utilities....... 20,000October 27 Treasury notified the agency that all items on the disbursement schedule had been paid.October 31 The agency recorded depreciation of $ 5,000 on the equipment. Use the preceding information to do the following:a. Prepare journal entries to record these transactions and events.b. Prepare a preclosing trial balance.c. Prepare a balance sheet, a statement of net costs, and a statement of changes in net position.
addison inc. made a 20000 sale on account with the following terms 210 n30. if the company uses the net method to
1) In the doc-sharing folder called projects you will find an excel file with preliminary balance sheet and income statement numbers for RETAIL CORP.
you are the controller in charge of cost allocation for bmw. you are asked to meet with the heads of production teams
lemon company spends 5.2 in variable costs for each product produced. fixed manufacturing overhead costs are 103707 a
Prepare the entry to record the absorption of Havens' capital deficiency by the other partners and the distribution of cash to the partners with credit balances.
radley and smithers share income and losses in a 21 ratio after allowing for salaries to radley of 24414 and 30821 to
What is the probability of getting heads on at least one flip
Purchasing at the EOQ recommended level, what are the relevant total costs?
six months ago altman metal works repurchased 20000 of its common stock. the company pays regular quarterly dividends
stangle company manufactures ties. when 28000 ties are produced the costs per unit are direct materials 0.60 direct
company took loans of 400000 from mbl as well as issued 8 debentures of 500000b as collateral security pass journal
Using the transaction data above, prepare (1) a cash-basis income statement, and (2) an accrual-basis income statement for the month of January. b. Using the transaction data above, prepare (1) a cash-basis balance sheet and (2) an accrual-basis bala..
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