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!
Point 1: On September 1, WTI agreed to do five courses for a client for $2,600 each. Two courses will start immediately and finish before the end of the year. Three courses will not begin until next year. The client paid $13,000 cash in advance for all five courses in September 1, and WTI credited Unearned Training Fees.
Question 1: What do enter under the Unearned Training Fees and training fee earned in the journal? Do put the amounts under the credit or debit categories in the journal?
Tandem Industries purchased a patent on January 1, 2014, for $2,000,000. The patent's legal life is 20 years but the company estimates that the patent's useful life will only be 5 years from the date of acquisition. On June 30, 2014, the company paid..
Finzelberg Company had a credit balance of $18,800 in Allowance for Doubtful Accounts. During 2017, Finzelberg wrote off accounts totaling $13,500.
Under the Lay-by sales conditions customers pay a non-refundable deposit of 10% and agree to pay off the balance within 12 months. The goods are taken from the store's inventory and set aside at the time the deposit is made.
Calculate the 2014 current and quick ratios based on the projected balance sheet and income statement data. What can you say about the company's liquidity position in 2013?
Need to show work this would help me out a lot. Ernie Inc. has current assets of $12,500, net fixed assets of $12,500, current liabilities of $6,000, and long term debt of $19,000. What is the value of shareholder's equity for the firm? During 2014, ..
Find the break-even point in terms of dollars - find the margin of safety in terms of dollars
Paul Stoddard is self-employed with an annual salary of $90,000. He claims 1 exemption. His social security tax rate is 12.42%, Medicare is 2.9%, and his estimated federal income tax rate is 14%. How much quarterly estimate tax must Paul sent to the ..
Please give us an example of a transaction where there are two increases. Note that you will still need to have at least one debit and one credit. Indicate which account will be debited and which will be credited.
The differences between accrual and cash basis accounting can get confusing. Do your best to describe what each is, when you would use it, who it is best suited for, advantages, and disadvantages.
Are the convertible preferred shares potentially dilutive? Why or Why not? The $10 dividend on the preferred shares is cumulative, and the tax rate is 25%.
Explain how the Stellar Packaging's break-even point would change if (1) the selling price per unit decreased, (2) fixed costs increased throughout the entire range of activity, and (3) variable costs per unit increased.
Parent company used the FIFO method of inventory valuation. Using the complete equity method, what are the journal entries and workpaper entries for 2016.
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