User Account

All Pages

What is the amount that abc consulting would report

Assignment Help Accounting Basics
Reference no: EM132466093

Use the following account balances from the adjusted trial balance of ABC Consulting:

Account

Debit Balance

Credit Balance

Cash

20,500

 

Accounts Payable

 

2,000

B. Conway, Drawing

600

 

B. Conway, Capital

 

13,000

Fees Revenue

 

18,000

Salary Expense

2,600

 

Rent Expense

3,000

 

Supplies Expense

1,900

 

Advertising Expense

800

 

Question 1: What is the amount that ABC Consulting would report as the ending balance in the B. Conway, Capital account at the end of the year?

Reference no: EM132466093

Questions Cloud

C11IP Demand and Inventory Planning Assignment : C11IP Demand and Inventory Planning Assignment Help and Solution - Heriot-Watt University Dubai, UAE. Part A - Inventory Analysis and Segmentation
Analyze the strategic objectives of your organization : Analyze the strategic objectives of your organization, and reflect on your contribution towards achieving such objectives.
What is the final adjusted sale price of the comparable : A comparable property sold recently for $153,000. The adjustments for the various elements of comparison have been calculated as follows:
Company new required rate of return-porter plumbing : Porter Plumbing's stock had a required return of 13% last year, when the risk-free rate was 5.50% and the market risk premium was 4.75%.
What is the amount that abc consulting would report : What is the amount that ABC Consulting would report as the ending balance in the B. Conway, Capital account at the end of the year?
What is the cost of capital for the stock to firm : The par value of the stock is ?$100?, and the dividend rate is 15 percent. What is the cost of capital for the stock to your? firm?
Percentage values of the average costs of merged firms : Carl's tires is planning to merge with Joe's Body shop to offer a combined auto repair service shop. Carl's Tires has total costs of $1,500,000
What are the corresponding holding period returns : What are the corresponding holding period returns from t=0 to t=1 of the stock in each of the five scenarios shown in the table?
Prepare allertons entry to record its acquisition of deluxe : Prepare Allerton's entry to record its acquisition of Deluxe in its accounting records assuming the following cash exchange amounts: $137,000 and $88,000.

Reviews

Write a Review

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

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd