User Account

All Pages

Which category of elements of financial statements

Assignment Help Accounting Basics
Reference no: EM131103213

For each item below, indicate to which category of elements of financial statements it belongs.

(a) Retained earnings
(b) Sales
(c) Additional paid-in capital 
(d) Inventory
(e) Depreciation
(f) Loss on sale of equipment
(g) Interest payable
(h) Dividends
(i) Gain on sale of investment
(j) Issuance of common stock

Reference no: EM131103213

Questions Cloud

Identify which basic assumption of accounting : The economic activities of FedEx Corporation are divided into 12-month periods for the purpose of issuing annual reports.
Determine the gain error : Determine the gain error if the circuit is to provide a nominal gain of (a) 5, or (b) 50.
Provide an example of a strategic alliance : Research and provide an example of a strategic alliance in a 500 word essay. Describe the alliance. (Example: Dell using Microsoft not partnerships like Ben and Jerry's) How has each partner benefited from the alliance? What total quality challe..
Internal and external environments : Write a 1,050- to 1,400-word paper in which you research two-three companies and do the following: Evaluate the internal and external environments of each company using an environmental scan.
Which category of elements of financial statements : For each item below, indicate to which category of elements of financial statements it belongs.
Some businesses leverage opportunities : Some businesses leverage opportunities to expand their services by partnering. Discussion what partnering is and the challenges and benefits. Provide an example of a partnering. your post is to be 250 words plus. Support your response.
Important piece of financial information : Assume that the company desires to expand. They decide to meet with their banker to discuss a loan to allow Twitter to expand. If you were the loan officer, what would be the most important piece of financial information would you request from t..
Explain how this can be accomplished : Explain how this can be accomplished.
Perfectly competitive industry : Explain why In long run equilibrium, if firms in a perfectly competitive industry are earning positive profits, the industry is not in long run equilibrium.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Net capital assets in the governmental activities

What amount should be added to net capital assets in the governmental activities accounts in 2007?

  Calculation on the initial cost of investment

CMW LTD is reviewing an investment proposal.The inital costs as well as ther estimnate of thde book value of the investment at the end of each year ,the net after-tax cash flows for each year and the net income for each year are presented in the foll..

  Comapny a uses lifo inventory cost flow assumption it

comapny a uses lifo inventory cost flow assumption. it expects not to have enough inventory at year end therefore it

  Evaluation of book value or net worth of each share

The problem belongs to Accounting problem and it discusses about evaluation of book value or net worth of each share

  A production departments output for the most recent month

a production departments output for the most recent month consisted of 19500 units completed and transferred to the

  How is the fixed asset turnover ratio computed

How is the fixed asset turnover ratio computed? Explain its meaning.

  Capital account be recorded

The partnership also assumed a $12,000 note payable owed by Robert that was originally used to purchase the equipment. What amount should Robert's capital account be recorded?

  The quick brick shop had an unfavorable sales price

the quick brick shop had an unfavorable sales price variance of 150. the budgeted selling price was 10 per unit and 50

  Reported separately on the income statement

What are these items and they are they reported separately on the income statement?

  Problem regarding partnership

Barry owns a 30% interest in a partnership that earned $300,000 this year. He also owns 30% of the stock in a C corporation that earned $300,000 during the year.

  Problem regarding the defect monitoring

Defect monitoring. The following data are from a production process that makes 250 units each hour. The data were collected over a normal 12-hour shift one day. The data are shown in the table at the right. Using the first 10 hours as the calibrat..

  Determining the amount of interest

What interest rates should be used in determining the amount of interest to be capitalized? How should the amount of interest to be capitalized be determined?

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