User Account

All Pages

What the balance in accounts payable at June

Assignment Help Accounting Basics
Reference no: EM133016296

Question - At June 1, 2015, Larry Levine company reported accounted payable of 15000. During the month, the company made purchases on account not 51000 and payments on accounts of 30000. What the balance in accounts payable at June 2015?

A. 15000 debit

B. 36000 credit

C. 66000 credit

D. 30000 debit

Reference no: EM133016296

Questions Cloud

How has the average health care consumer demographic changed : How has health care marketing has changed over the last 5-10 years, especially with the increased popularity of social media.
When would you think we have too many data points : When would you think we have too many data points to put into a pie chart?
Necessary journal entries and disclosure notes : On January 5, 2022, judgment was rendered against Barone in the amount of $16 million plus interest, Necessary journal entries and disclosure notes
Introduction to assessment and treatment planning : What does OARS stand for? Review Motivational Interviewing techniques.
What the balance in accounts payable at June : During the month, the company made purchases on account not 51000 and payments on accounts of 30000. What the balance in accounts payable at June 2015
Complete an accounting cycle : Complete an accounting cycle in excel spreadsheet incorporating business transactions from commencement to one accounting period.
What is a definition of abnormal behaviour : What is a definition of abnormal behaviour? Understand panic attacks. What is consciousness?
Role of government regulators : In your judgment, what should the role of government regulators be?
Discuss how you could identify language barriers : Discuss how you could identify language barriers.

Reviews

Write a Review

Accounting Basics Questions & Answers

  What advantages do the mutual funds offer

What advantages do the mutual funds offer compared to the company stock? Explain. Assume you decide you should invest at least part of your money in large.

  What is the approximate value of this investment today

Computer Parts, Inc. is considering an investment that will have cash flows of $8,000, $7,000 and $4,000, What is the approximate value of this investment

  On the last day of the year xyz corporation made a

on the last day of the year xyz corporation made a nonliquidating distribution to jane its sole shareholder of 110000

  Housing and urban development

Visit and look at the Housing and Urban Development (HUD) website. Locate an article, document, or other material, from this site, which discusses one of the following.

  Should the project be undertaken and explain

Should the project be undertaken?Depreciation expense per year for tax purposes $33,000.Estimated salvage value in 5 years $10,000

  Checking account balance at bank 61000 money market balance

for each individual situation determine the amount that should be reported as cash. if the items is not reported as

  What amount should abby and co report

What amount should Abby and Co. report as adjusted beginning retained earnings in its 2011 statement of retained earnings

  Prepare journal entries to record depreciation of machine

Onslow Co. purchased a used machine for $144,000 cash on January 2. Prepare journal entries to record depreciation of machine

  A firm offers terms of 335 net 50 currently two-thirds of

a firm offers terms of 335 net 50. currently two-thirds of all customers take advantage of the trade discount the

  Analysis of traditional financial statements

Explain how the analysis of nonprofit and governmental financial statements differs from analysis of traditional financial statements

  What is the present value of your windfall

You have just received notification that you have won the $1.04 million first prize in Lamarche Lottery. What is the present value of your windfall

  Explain the impact of the best practices you selected

Explain the impact of the best practices you selected on the reporting process. Describe how the best practices align with the XBRL application.

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