Reference no: EM132752832
Problem 1: Listed are every account balance for the CoolTech Company on December 31, 2015. What would be the balance sheet for the company on that date?
Warranty Expense $6,000
Warranties Payable $5,000
Cash $30,000
Accounts Payable $15,000
Capital Stock $100,000
Retained Earnings (1/1/20) $50,000
Dividends Payable $15,000
Notes Payable $35,000
Cost of Goods Sold $96,000
Depreciation Expense $5,000
Accumulated Depreciation $35,000
Patents $8,600
Research and Development Expense $15,000
Unearned Revenue $7,400
Inventory $37,600
Income Tax Expense $16,000
Rent Expense $5,200
Allowance for Doubtful Accounts $5,400
Dividends $15,000
Accounts Receivable $73,000
Property and Equipment $100,000
Goodwill $40,000
Sales Revenue $220,000
Salary Expense $34,000
Bad Debt Expense $6,400
|
Find how much will pay the manufacturer for the order
: Mack is given terms of 3/15 n/30, and he pays by day 15. How much will he pay the manufacturer for the order of 110 bikes if his price per bike is $263.17?
|
|
What amount should be reported for cash
: Bank debit memo for service charges, $35. If the balance sheet were prepared for Creative Design Co. on August 31, what amount should be reported for cash
|
|
Find what is the correct cash in bank balance
: ABC Corporation is preparing its bank reconciliation for the month of April. The bank statement showed, What is the correct cash in bank balance?
|
|
Establishing equitable internal job structure
: What is job evaluation, how does it differ from job analysis and how is it used in establishing an equitable internal job structure?
|
|
What would be the balance sheet for the company on that date
: Listed are every account balance for the CoolTech Company on December 31, 2015. What would be the balance sheet for the company on that date?
|
|
Journalize the entry to record cash receipts and cash sales
: The amount indicated by the cash register total was $83,480. Journalize the entry to record the cash receipts and cash sales
|
|
Find what should be the corresponding interest rate
: Find what should be the corresponding interest rate, If the equivalent annual amount of that cash flow is provided to be $7700.
|
|
Caterpillar competitive advantages
: Analyze the strengths and weaknesses of Caterpillar's competitive advantages.
|
|
How much will sell the land for in ten years
: You just purchased a parcel of land for RM10,000. If you expect a 12% annual rate of return on your investment, how much will you sell the land for in 10 years?
|