Topeka bike company received a 940 check from a customer

Reference no: EM13606409

Topeka Bike Company received a $940 check from a customer for the balance due. The transaction was erroneously recorded as a debit to Cash $490 and a credit to Service Revenue $490. The correcting entry?

Reference no: EM13606409

Questions Cloud

The drawing shows three point charges fixed in place the : the drawing shows three point charges fixed in place. the charge at the coordinate origin has a value of q1 7.65

In your audit of garza company you find that a physical : in your audit of garza company you find that a physical inventory on december 31 2010 showed merchandise with a cost of

Relevant costing fort mangerial decisions a company must : relevant costing fort mangerial decisions a company must decide between scrapping or reworking units that do not pass

The 2lb block is given an initial velocity of 20fts when : the 2lb block is given an initial velocity of 20fts when when it is at a. if the spring has an unstretched length of

Topeka bike company received a 940 check from a customer : topeka bike company received a 940 check from a customer for the balance due. the transaction was erroneously recorded

A system is composed of eight independent subsystems each : a system is composed of eight independent subsystems. each subsystem operates 95 of the time. what is the probability

A train has a mass of 586e6 kg and is moving at 577 kmhr : a train has a mass of 5.86e6 kg and is moving at 57.7 kmhr. the engineer applies the brakes which results in a net

What you know new engraver cost 25000 one-year loan cost 12 : what you know new engraver cost 25000 one-year loan cost 12 interest revenue per day from engraving 975 profit margin

David amp co pays its employee twice a month employee : david amp co. pays its employee twice a month. employee earnings and tax amounts for the pay period ending december

Reviews

Write a Review

Required(*) Message

Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?

Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

Accounting problems

Accounting problems, Draw a detailed timeline incorporating the dividends, calculate the exact Payback Period b) the discounted Payback Period. the IRR, the NPV, the Profitability Index.

Theory of interest - term structure of interest rates

Term Structure of Interest Rates

Write a report on internal controls

Write a report on Internal Controls

Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

Liquidity and profitability

Distinguish between liquidity and profitability.

What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

Capm and venture capital

CAPM and Venture Capital

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

User Account

All Pages