User Account

All Pages

Why is no journal entry needed for this financial event

Assignment Help Accounting Basics
Reference no: EM133552178

Question: belongs to the state hospital association, and its membership is current (meaning it is paid up through the end of the year). HELP receives an invoice for $75,000 for next year's fees but has not paid it yet.

Why is no journal entry needed for this financial event? Enter your explanation.

 

Reference no: EM133552178

Questions Cloud

Compare the income statements of two different companies : Identify any significant differences and speculate on the reasons behind those variations. Provide screenshots of their Income Statements
What are some limitations of the research or work you read : What are some limitations of the research or work you read? Explain what specifically you were unsure of in what the authors are saying.
What would the price of these bonds that are issued to yield : What would the price of these bonds that are issued to yield the 6% market rate using the Time Value of Money Tables? Include the table and relevant components
Prepare the journal entries to account for the lease : Prepare the journal entries to account for the lease in the books of Sishi Ltd NOTE: For annual lease payments on the first year journal is required
Why is no journal entry needed for this financial event : Why is no journal entry needed for this financial event? Enter your explanation. state hospital association, and its membership is current
Compare the income statements of two different companies : Compare the Income Statements of two different companies in the same industry (for example Target and Walmart or Ford and Chevy). Identify any significant
How can poor planning with long-term budgeting affect : Why might the modified accrual accounting method be better suited for state and local governments to provide accurate fiscal management?
Discuss two irregular items that impact sustainable income : Identify and discuss two irregular items that impact sustainable income. Research the Internet to locate a company that was recently impacted by an irregular
How many costing systems must brant consulting sell : How many Costing systems must Brant Consulting sell to breakeven? How many Transfer Pricing systems must Brant Consulting sell to breakeven?

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