Transaction debit credit balance

Assignment Help Financial Accounting
Reference no: EM13917213

Find the ending balance in the account register.

Number Date Description of Transaction Debit Credit Balance
4695.37
1657 5/08 MCI Telephone 265.54
1658 5/13 Grand Optical 392.27
5/15 Deposit 234.31

 

 

Reference no: EM13917213

Questions Cloud

Stock price in four years if P-E ratio remained unchanged : Kellogg Co. (K) recently earned a profit of $2.42 earnings per share and has a P/E ratio of 19.45. The dividend has been growing at an 8 percent rate over the past few years. what would be the stock price in four years if the P/E ratio remained uncha..
General and administrative salaries : general and administrative salaries are 144,00 per year. Maintenance expenses equals 2,000 per month and is paid in cash.
Book value of the asset at the time of sale : book value of the asset at the time of sale the amount of gain or loss on the disposal the sale affect net income increase, decrease, no effect
Balance forward deposits : Find the balance for the check stub-Date To Amount Balance Forward Deposits
Transaction debit credit balance : Number Date Description of Transaction Debit Credit Balance
Equipment depreciation : Equipment Depreciation $20,000 Supervisor's Salary $8,000 Resource Consumption in Activity Cost Pools: Activity Cost Pools Processing Order Filling Other Equipment Depreciation
The cost of the items sold : On September 12, Vander Company sold merchandise in the amount of $5,800 to Jepson Company, with credit terms of 2/10, n/30. The cost of the items sold is $4,000
Sales are paid each month : Sales commissions equal to 20% of sales are paid each month
After the month of purchases : Merchandise purchases are paid for as follows: 20% in the first month after the month of purchase and 80% in the second month after the month of purchases.

Reviews

Write a Review

Financial Accounting Questions & Answers

  On the schedule of cost of goods manufactured

On the schedule of cost of goods manufactured: Which costing method seems ideally suited to the production of homogenous products in continuous throughput? For job 1838, there were 1,000 direct labor hours, and actual overhead was $500 for depreciati..

  Compute actual direct material-actual direct labor

Hessmar Corporation manufactures one product and accounts for costs using a job-order costing system. You have obtained the following information from the corporation’s books and records for the year ended December 31, year 1:

  Question 26 pepsico inc the parent company of frito-lay

question 26 pepsico inc. the parent company of frito-lay snack foods and pepsi beverages had the subsequent current

  What is their nominal yield to maturity

A firm's bonds have a maturity of 14 years with a $1,000 face value, have an 11% semi annual coupon, are callable in 7 years at $1,234, and currently sell at a price of $1,402.66. What is their nominal yield to maturity? What is their nominal yield t..

  Explain why some production costs

Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 ..

  Calculate the projects contribution to net income

Calculate the projects contribution to net income each year, calculate the project's cash flows each year

  What amount of manufacturing overhead was included in work

If Work in Process Inventory had a beginning balance of $18,900 and an ending balance of $59,600, what amount of manufacturing overhead was included in Work in Process Inventory during January 2010

  What was amount of dividends payable to stockholders

200,000 shares of common stock, par value $1 per share. On December 15, 2011, Arp declared dividends of $100,000. What was the amount of dividends payable to Arp's common stockholders?

  What do you mean by the break-even point

What do you mean by the break-even point? Anu has decided that unless the operation can earn at least $43,750 in operating profits, she will close it down. What number of tickets must be sold for anus amusements to make a $43,750 operating profit f..

  What is adgers employee salaries and wages spending variance

Adger Corporation is a service company that measures its output based on the number of customers served. The company provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results for May as shown ..

  Preferred stock pays-diluted earnings per share

DiCenta Corporation reported net income of $287,000 in 2014 and had 51,800 shares of common stock outstanding throughout the year. Also outstanding all year were 5,520 shares of cumulative preferred stock, each convertible into 2 shares of common. Th..

  What kind of system works best in what kinds of companies

What kind of system makes sense for your company, given that you plan to start with only one version of your product but at some point in the future may offer a variety of options?

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