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October 24, 2014

Homework Help: Business: Accounting

Recent Homework Questions About Accounting

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Accounting
I need to know how to journalize this in a General Journal, but I don't know if it is required to even write down. Signed a lease agreement to rent office space for $975 per month, beginning Feb 1st. Nothing was paid today. (This happened on Jan 15)
Thursday, October 23, 2014 at 2:08pm

accounting
Blanche invested $9800 in a savings account with a yearly interest rate of 2% for 15 years. How much simple interest did she earn?
Thursday, October 23, 2014 at 12:02pm

Accounting
On the balance sheet under current assets there is an amount called Accounts receivables less allowances. Does it mean its already the net accounts receivable? or do i have to subtract it to get the net?
Thursday, October 23, 2014 at 10:47am

Principles of Accounting
Santa Fe Company purchased merchandise for resale from Mesa Company with an invoice price of $24,000 and credit terms of 3/10, n/60. Prepare entries that the buyer should record for the purchase
Wednesday, October 22, 2014 at 10:06pm

accounting 100
Moteki Company accumulates the following adjustment data at December 31 Indicate the type of adjustment (prepaid expenses, accrued revenues and so on), and the status of accounts before adjustment (overstated or understated). (Enter answers in alphabetical order.) Supplies of...
Wednesday, October 22, 2014 at 11:22am

Accounting
Journal Entries Under the Perpetual Inventory System Bhushan Building Supplies entered into the following transactions.
Tuesday, October 21, 2014 at 8:36am

managerial accounting
Equipment reported in the December 31, 2013, balance sheet was purchased in January 2013. It is being depreciated over eight years under the straight-line method with no salvage value. The following amounts for new equipment purchases are planned in the coming quarter: January...
Sunday, October 19, 2014 at 7:12pm

accounting
Comparative Statements of Retained Earnings for Renn-Dever Corporation were reported as follows for the fiscal years ending December 31, 2011, 2012, and 2013.
Monday, October 13, 2014 at 3:55pm

accounting
A company purchased and installed a machine on January 1 at a total cost of $72,000. Straight-line depreciation was calculated based on the assumption of a five-year life and no salvage value. The machine was disposed of on July 1 of the fourth year. The company uses the ...
Tuesday, October 7, 2014 at 3:32am

accounting
Accrued salaries 1 Bill’s Company Partial Worksheet For the Year Ended December 31st, 2012 Account Titles Trial Balance Adjustments Adjusted Trial Balance Debit Credit Debit Credit Debit Credit Merchandise Inv. 16 Store Supplies 10 Store Equipment 20 Accum. Depr. Store ...
Monday, October 6, 2014 at 6:25pm

Managerial Accounting
I have a homework problem that asks me to do the following: 1. Prepare a schedule of total cash collections for October through December. 2. Prepare a schedule of total cash disbursements for October through December. 3. Prepare a cash budget for October through December. I ...
Monday, October 6, 2014 at 1:11pm

accounting
Jesper Parnevik borrowed $70,000 on March 1, 2012. This amount plus accrued interest at 12% compounded semiannually is to be repaid March 1, 2022. To retire this debt, Alex plans to contribute to a debt retirement fund five equal amounts starting on March 1, 2017, and for the ...
Saturday, October 4, 2014 at 9:15pm

accounting
Hamilton Company owns 51,600 of Hennie Company's 120,000 outstanding shares of common stock. Hennie Company pays $33,000 in total cash dividends to its shareholders. Hamilton's entry to record this transaction should include a:
Saturday, October 4, 2014 at 6:54pm

Accounting Please help me
Bethany Link delivers parts for several local auto parts stores. She charges clients $0.75 per mile driven. She has determined that if she drives 2,100 miles in a month, her average operating cost is $0.55 per mile. If Bethany drives 4,200 miles in a month, her average ...
Saturday, September 27, 2014 at 9:05pm

Accounting 5
Bethany Link delivers parts for several local auto parts stores. She charges clients $0.75 per mile driven. She has determined that if she drives 2,100 miles in a month, her average operating cost is $0.55 per mile. If Bethany drives 4,200 miles in a month, her average ...
Friday, September 26, 2014 at 11:11pm

Accounting
Anheuser-Busch InBev Companies, Inc reported the following operating information for a recent year. In addition assume that Anheuser-Busch InBev sold 200 million barrels of beer during the year. Assume that variable costs were 75% of the cost of goods sold and 40% of selling, ...
Friday, September 26, 2014 at 5:34pm

accounting
Pike Corporation paid $100,000 for a 10% interest in Salmon Corp. on January 1, 2010, when Salmon's stockholders' equity consisted of $800,000 of $10 par value common stock and $200,000 retained earnings. On December 31, 2011, after receipt of the year's dividends ...
Tuesday, September 23, 2014 at 3:21am

Accounting
During the year, Shor Company issued several series of bonds. For each bond, record the journal entry that must be made upon the issuance date. (Round to the nearest dollar; a calculator is needed for 2 and 3.) On January 20, a series of 15-year, $1,000 par value bonds with ...
Sunday, September 21, 2014 at 5:38pm

Accounting
On January 1, you will purchase a new car. The automobile dealer will allow you to make increasing annual December 31 payments over the following four years. The amounts of these payments are $4,000: $4,500: $5,000: $6,000. On the same January 1, your mother will lend you just...
Sunday, September 21, 2014 at 10:40am

Accounting
An increase or decrease in accounts payable during a fiscal period has no effect on the net cash provided by operating activities.
Friday, September 19, 2014 at 2:39pm

accounting
Wallace Inc., a developer of radiology equipment, has stock outstanding as follows: 30,000 shares of cumulative preferred 2% stock, $90 par and 125,000 shares of $10 par common. During its first four years of operations, the following amounts were distributed as dividends: ...
Monday, September 15, 2014 at 8:51pm

accounting
Swan Creek Company has 40,000 shares of cumulative preferred 2% stock, $60 par and 50,000 shares of $50 par common stock. The following amounts were distributed as dividends:year 1 30000 my answer was 18000 common stock
Sunday, September 14, 2014 at 5:35pm

Accounting
Dr. Rees: Ruth, good to see you again. Why didn’t you call me when you were in Denver? We could have had dinner together. Dr. Turner: Actually, I never made it to Denver this year. My husband and kids went up to our Vail condo twice, but I got stuck in Fort Lauderdale. I ...
Sunday, September 14, 2014 at 3:21pm

Accounting
1. Compute the estimated uncollectible accounts at the end of the year using the following rates: Current 1% 1–30 days past due 3% 31–60 days past due 9% Over 60 days past due 25% 2. As of December 31, 2013, there is a credit balance of $208.20 in Allowance for ...
Friday, September 12, 2014 at 8:50pm

Accounting
Ultra Leather Products sells leather clothing at both wholesale and retail. The company has found that there is a higher rate of uncollectible accounts from retail credit sales than from wholesale credit sales. Ultra computes its estimated loss from uncollectible accounts at ...
Friday, September 12, 2014 at 8:12pm

Veterinarian assisted
1. In the __________, an animal patient's hair is clipped and its skin is scrubbed to prepare for surgery.  A. hospital ward  B. surgical suite  C. treatment area  D. grooming area  2. Supervision of the treatment area is usually the responsibility...
Friday, September 12, 2014 at 6:17pm

Accounting
On March 1, 2013, the company lent a supplier $23,000 and a note was signed requiring principal and interest at 9% to be paid on February 28, 2014. If the journal entries are intrest recievable intrest revenue how much should I allocate to each section?
Thursday, September 11, 2014 at 2:32pm

business
Describe the components of the accounting conceptual framework?
Thursday, September 11, 2014 at 12:03pm

microeconomics
Using MS Excel or a table in MS Word, complete Table-1 (Joseph Farms, Inc., Cost and Revenue Data). Assume that the price is $165. Assume the fixed costs are $125, at an output level of 1. Assume that the data represents a firm in pure competition. Show your calculations. ...
Wednesday, September 10, 2014 at 10:00pm

accounting
. Preference Decisions: NPV vs. IRR vs. Profitability Index Stephens Industries is contemplating four projects: Project P, Project Q, Project R, and Project S. The capital costs and estimated after- tax net cash flows of each project are shown in the table that follows. ...
Wednesday, September 10, 2014 at 3:11pm

Accounting 10 PLEASE HELP ME!
Oscar Corp. applies manufacturing overhead to production at 150% of direct labor cost. During 20x5, manufacturing overhead of $180,000 was applied to production; actual manufacturing overhead was $199,000. Beginning Work in Process Inventory was $20,000 and ending Work in ...
Tuesday, September 9, 2014 at 5:13pm

Accounting 9
The following information is available for Baker Industries: Cost of goods manufactured $320,000 Beginning finished goods inventory $45,000 Ending finished goods inventory $35,000 Compute the cost of goods sold.
Tuesday, September 9, 2014 at 5:12pm

Accounting 8
The following information is available for Walker Industries: Beginning work in process inventory $30,000 Ending work in process inventory $25,000 Cost of goods manufactured $180,000 Compute total current manufacturing cost?
Tuesday, September 9, 2014 at 5:12pm

Accounting 3
Wheeler’s Bike Company manufactures custom racing bicycles. The company uses a job order cost system to determine the cost of each bike. Estimated costs and expenses for the coming year follow: Bike parts $350,000 Factory machinery depreciation $55,000 Factory supervisor ...
Tuesday, September 9, 2014 at 5:11pm

Accounting 2 PLEASE HELP ME!
Cambridge Manufacturing Company applies manufacturing overhead on the basis of machine hours. At the beginning of the year, the company estimated its total overhead cost to be $325,000 and machine hours to be 25,000. Actual manufacturing overhead and machine hours were $372,...
Tuesday, September 9, 2014 at 5:11pm

Stats
You have many old textbooks in your apartment. You have 6 math books, 7 econ, and 4 accounting. Assume that each textbook is different than the other. A) What is the probability that the last book is one of the economic textbooks? B) What is the probability that none of the ...
Tuesday, September 9, 2014 at 3:23pm

Accounting 9
The following information is available for Baker Industries: Cost of goods manufactured $320,000 Beginning finished goods inventory $45,000 Ending finished goods inventory $35,000 Compute the cost of goods sold.
Tuesday, September 9, 2014 at 1:57pm

Accounting 8
The following information is available for Walker Industries: Beginning work in process inventory $30,000 Ending work in process inventory $25,000 Cost of goods manufactured $180,000 Compute total current manufacturing cost?
Tuesday, September 9, 2014 at 1:57pm

Accounting 7
Job 31 has a direct materials cost of $300 and a total manufacturing cost of $900. Overhead is applied to jobs at a rate of 200 percent of direct labor cost. Use the relationships among total manufacturing costs, conversion cost, and prime cost to determine the following costs...
Tuesday, September 9, 2014 at 1:56pm

Accounting 3
Wheeler’s Bike Company manufactures custom racing bicycles. The company uses a job order cost system to determine the cost of each bike. Estimated costs and expenses for the coming year follow: Bike parts $350,000 Factory machinery depreciation $55,000 Factory supervisor ...
Tuesday, September 9, 2014 at 1:55pm

Accounting 2
Cambridge Manufacturing Company applies manufacturing overhead on the basis of machine hours. At the beginning of the year, the company estimated its total overhead cost to be $325,000 and machine hours to be 25,000. Actual manufacturing overhead and machine hours were $372,...
Tuesday, September 9, 2014 at 1:54pm

Accounting 10
Oscar Corp. applies manufacturing overhead to production at 150% of direct labor cost. During 20x5, manufacturing overhead of $180,000 was applied to production; actual manufacturing overhead was $199,000. Beginning Work in Process Inventory was $20,000 and ending Work in ...
Tuesday, September 9, 2014 at 1:53pm

Accounting 9
The following information is available for Baker Industries: Cost of goods manufactured $320,000 Beginning finished goods inventory $45,000 Ending finished goods inventory $35,000 Compute the cost of goods sold.
Tuesday, September 9, 2014 at 12:21am

Accounting 8
The following information is available for Walker Industries: Beginning work in process inventory $30,000 Ending work in process inventory $25,000 Cost of goods manufactured $180,000 Compute total current manufacturing cost?
Tuesday, September 9, 2014 at 12:20am

Accounting 7
Job 31 has a direct materials cost of $300 and a total manufacturing cost of $900. Overhead is applied to jobs at a rate of 200 percent of direct labor cost. Use the relationships among total manufacturing costs, conversion cost, and prime cost to determine the following costs...
Tuesday, September 9, 2014 at 12:19am

Accounting 3
Wheeler’s Bike Company manufactures custom racing bicycles. The company uses a job order cost system to determine the cost of each bike. Estimated costs and expenses for the coming year follow: Bike parts $350,000 Factory machinery depreciation $55,000 Factory supervisor ...
Tuesday, September 9, 2014 at 12:12am

Accounting 2
Cambridge Manufacturing Company applies manufacturing overhead on the basis of machine hours. At the beginning of the year, the company estimated its total overhead cost to be $325,000 and machine hours to be 25,000. Actual manufacturing overhead and machine hours were $372,...
Tuesday, September 9, 2014 at 12:06am

Accounting 1
Oscar Corp. applies manufacturing overhead to production at 150% of direct labor cost. During 20x5, manufacturing overhead of $180,000 was applied to production; actual manufacturing overhead was $199,000. Beginning Work in Process Inventory was $20,000 and ending Work in ...
Tuesday, September 9, 2014 at 12:03am

Accounting 200
Accounting professionals must sometimes choose between two or more acceptable methods of accounting for business transactions and events. Explain and discuss why these situations can involve difficult matters of ethical concern.
Friday, September 5, 2014 at 3:55am

Accounting - General
Should a capital asset that is increasing in value be depreciated?
Thursday, September 4, 2014 at 9:00pm

Math
Randi takes the stairs at work whenever possible instead of the elevator. She must climb up 51 steps from her office to get to the accounting department. The human resources department is 34 steps below her office. How many steps are there between human resources and accounting?
Wednesday, September 3, 2014 at 5:09pm

Accounting/Math/Exchange rates
1. Indicate how each of the following international transactions is entered into the U.S. balance of payments with double-entry bookkeeping: a. A U.S. resident imports $500 worth of merchandise from a U.K. resident and agrees to pay in three months. b. After the three months, ...
Monday, September 1, 2014 at 4:12pm

Accounting 1
Match each of the following characteristics that describe financial accounting, managerial accounting, both financial and managerial accounting, or neither financial nor managerial accounting. A. Financial accounting B. Managerial accounting C. Both financial and managerial ...
Monday, September 1, 2014 at 2:36pm

Accounting 2
Match each of the following steps that took place as Books on Wheels moved through the decision making, production, marketing, and sale of The Campus Cart with the correct phase of the management process: planning/organizing, directing/leading, and controlling. A. Planning/...
Monday, September 1, 2014 at 2:35pm

Accounting 7
coteworthy, Inc., produces and sells small electronic keyboards. Assume that you have the following information about Noteworthy’s costs for the most recent month. Depreciation on factory equipment $800 Depreciation on CEO's company car $100 Speakers used in the ...
Monday, September 1, 2014 at 2:34pm

Accounting 7
Noteworthy, Inc., produces and sells small electronic keyboards. Assume that you have the following information about Noteworthy’s costs for the most recent month. Depreciation on factory equipment $800 Depreciation on CEO's company car $100 Speakers used in the ...
Sunday, August 31, 2014 at 11:37pm

Accounting 2
Match each of the following steps that took place as Books on Wheels moved through the decision making, production, marketing, and sale of The Campus Cart with the correct phase of the management process: planning/organizing, directing/leading, and controlling. A. Planning/...
Sunday, August 31, 2014 at 11:30pm

Accounting 1
Match each of the following characteristics that describe financial accounting, managerial accounting, both financial and managerial accounting, or neither financial nor managerial accounting. A. Financial accounting B. Managerial accounting C. Both financial and managerial ...
Sunday, August 31, 2014 at 11:28pm

accounting II
Archie's had sales of $6,758. The state sales tax rate is 7%. All sales are cash. What amount will be debited to Cash?
Saturday, August 30, 2014 at 10:37am

accounting II
A company has $314,000 in credit sales. The company uses the allowance method to account for uncollectible accounts. The allowance for doubtful accounts now has a $1,890 debit balance. If the company estimates that $8,160 of accounts will be uncollectible based on an aging of ...
Friday, August 29, 2014 at 10:47pm

Accounting
What is the journal entry for a $10,000 deposit in exchange for $10,000 worth of common stock ? Would I name that account common stock or cash ? Thanks!
Thursday, August 28, 2014 at 10:03am

accounting II
Janice Janitorial Supplies has cash of $28,000; net accounts receivable of $33,500; short-term investments of $6,000 and inventory of $20,000. It also has $22,500 in current liabilities and $37,500 in long-term liabilities. The current ratio for Janice Janitorial Supplies is:
Wednesday, August 27, 2014 at 11:45pm

accounting II
Joshua owns an apartment complex with 7 tenants. Each unit rents for $1,500 per month. At the end of April, three tenants were past due on paying their rent. Which of the following represents the correct adjusting journal entry Matt should make at the end of April?
Tuesday, August 26, 2014 at 11:59pm

accounting
Westchase Supplies reported sales of $5,000,000, cost of goods sold of $3,200,000, operating expenses of $1,400,000 and income tax expense of $160,000 for the year What was the company’s net income for the year?
Tuesday, August 26, 2014 at 11:36pm

BASIC ACCOUNTING
paid two months rent deposit and one month advance, P40,500
Saturday, August 23, 2014 at 6:12am

Pre Med Major
Hi. I am an accounting major. Is there anyway I can finish my accounting degree and still finish the pre med requirements in 4 years? Can an Accounting major become a MD? I know about MCAT and everything.
Friday, August 22, 2014 at 6:23pm

Accounting
On October 10, 2010, Mason Engineering Company completed negotiations on a contract for the purchase of new equipment. Under the terms of the agreement, the equipment may be purchased now or Mason may wait until January 10, 2011, to make the purchase. The cost of the equipment...
Wednesday, August 13, 2014 at 3:13pm

accounting
The charter of the corporation authorized 500,000 shares of $5 par common stock, and 50,000 shares of $40 par, 3%, preferred stock. As of January 1, 2014, there were 20,000 shares of common stock issued and outstanding and 4,000 shares of preferred stock issued and outstanding...
Tuesday, August 12, 2014 at 7:01pm

cOLLEGE mAJORS
ACCOUNTING VS IT WHICH IS HARDER? WHICH IS EASIER?
Tuesday, August 12, 2014 at 4:42pm

accounting
Timberly Construction negotiates a lump-sum purchase of several assets from a company that is going out of business. The purchase is completed on January 1, 2013, at a total cash price of $820,000 for a building, land, land improvements, and four vehicles. The estimated market...
Friday, August 8, 2014 at 6:31pm

Human Resources
3. Design a Pilot Test. Following are descriptions of three situations in which a test has been developed. Read each situation and then design a pilot test. Answer the following questions about the pilot test: a. Who will take the test? b. What information will you gather, and...
Tuesday, August 5, 2014 at 12:19am

economics,accounting,business studies and mathslit
Does i qualify to work at postoffice?
Sunday, August 3, 2014 at 3:15am

accounting
A city is served by two newspapers—the Tribune and the Daily News. Each Sunday reader purchases one of the newspapers at a stand. The following transition matrix contains the probabilities of a customer’s buying a particular newspaper in a week, given the newspaper ...
Saturday, July 26, 2014 at 2:15pm

logic crtical thinking
Explain why it is important to analyze each financial transaction of a business and to report it in the Accounting Information System.
Sunday, July 20, 2014 at 7:40pm

Accounting
If the net income is $50000, and the cost of goods sold is $450000. the company's gross profit rate is 40% what are the net sales??
Saturday, July 19, 2014 at 10:07pm

ACCOUNTING ASSIGNMENT
case from : ACCOUNTING FRAUD WORLDCOM There will be a (7) seven page report,excluding figures, tables, appendices, and references,required for the term paper. The written report must be typed, single sided, and 1.5 lines-spaced. The following items and additional questions ...
Wednesday, July 16, 2014 at 1:24pm

accounting
A partner withdrew Rs.2000 at the beginning of every month.the rate of interest on drawings is 10%per annum. What is the amt. of interest?
Monday, July 14, 2014 at 9:51am

Accounting
During its first year of operations, Maria Rose set up Roseland Inc. and invested $25,000 in the corporation. The company earned $68,000 of revenues and incurred $32,000 of expenses. At the end of the year, the company owed $24,000 to its creditors. A cash dividend of $5,000 ...
Sunday, July 13, 2014 at 10:09pm

Accounting
I have completed all of my assignment except this one last question. I am having a heck of a time figuring out where to even start. Can anyone help me? The comparative year-end balance sheets of Sign Graphics, Inc., revealed the following activity in the company's current ...
Saturday, July 12, 2014 at 3:31am

accounting
Describe how the separation of (1) authorization of production transactions, (2) recording of these transactions, and (3) physical custody of inventories can be specified among the production, inventory, and cost accounting departments. How does the production order document ...
Friday, July 11, 2014 at 5:36pm

accounting
Describe how the separation of (1) authorization of production transactions, (2) recording of these transactions, and (3) physical custody of inventories can be specified among the production, inventory, and cost accounting departments. How does the production order document ...
Friday, July 11, 2014 at 2:00pm

Accounting
A restaurant has a beginning inventory for the month of 150 pounds of beef at $2.70 per pound. In week 1 they use 125 pounds of beef and receive 175 pounds of beef into inventory at $2.80 per pound. In week 2 they use 190 pounds of beef and receive 150 pounds of beef at a cost...
Monday, July 7, 2014 at 8:35pm

MGF 1106
Four accounting majors, two economics majors, and three marketing majors have interviewed for five different managerial positions with a large company. Find the number of different ways that five of these people could be hired if the first two positions are to be filled by an ...
Monday, July 7, 2014 at 3:57am

ACCOUNTING
86,500 ASSETS = 50,500 LIABILITIES+OWNERS EQUITY hOW DO I SOLVE THIS PROBLEM
Thursday, July 3, 2014 at 7:51pm

bussines studies economics accounting maths literacy
which job career do i qualify for?
Monday, June 30, 2014 at 4:29pm

Finacial Accounting.
I am really struggling with this question and my accounting book is no help at all. A company has $4500 in net sales, $3200 in gross profit, $1300 in ending inventory, and $1800 in beginning inventory. What is the cost of goods sold? Im not looking for the answer, just a ...
Sunday, June 29, 2014 at 1:57pm

accounting
The formula for computing additional paid-in capital in excess of par is shares of stock times
Saturday, June 21, 2014 at 10:37pm

accounting
Cargin Company uses the FIFO method in its process costing system. The Assembly Department started the month with 15,000 units in its beginning work in process inventory that were 50% complete with respect to conversion costs. An additional 71,000 units were transferred in ...
Friday, June 20, 2014 at 1:06pm

accounting
Is the interest on a note receivables recorded if paid prior to the due date? A. Debit to interest expense B. debit to interest payable C. Credit to interest receivable D. Credit interest expense I think it's A since it's before the maturity date.
Friday, June 20, 2014 at 8:55am

accounting
As part of their divorce agreement , Harry transfers to Mary, his former spouse, GM stock with a market value of 30000, Harry had $20000 invested in the stock. How does this transfer affect Harry and what is Mary’s basis in the stock.
Thursday, June 12, 2014 at 8:12pm

algebra.having problems
Draw a stem-and-leaf plot for the data set. (Enter numbers from smallest to largest separated by spaces. Enter NONE for stems with no values.) Data set A: The annual wages of employees at a small accounting firm are given in thousands of dollars. 50 15 18 60 36 21 22 22 34 24...
Wednesday, June 11, 2014 at 12:06am

algebra/ please ck my answers
Draw a stem-and-leaf plot for the data set. (Enter numbers from smallest to largest separated by spaces. Enter NONE for stems with no values.) Data set A: The annual wages of employees at a small accounting firm are given in thousands of dollars. 50 15 18 60 36 21 22 22 34 24 ...
Tuesday, June 10, 2014 at 2:20pm

algebra/how can I solve this/Thank You
Draw a stem-and-leaf plot for the data set. (Enter numbers from smallest to largest separated by spaces. Enter NONE for stems with no values.) Data set A: The annual wages of employees at a small accounting firm are given in thousands of dollars. 50 15 18 60 36 21 22 22 34 24 ...
Monday, June 9, 2014 at 11:19pm

Accounting
What is the closing entry to allocate a net income of $48,000 to Sara, Ellen, and Mary? Respective capital balances are $30,000, $40,000, and $30,000. No agreement was made for division of income. A. Debit Income Summary $48,000; credit Sara’s Capital $16,000; credit ...
Monday, June 9, 2014 at 10:27am

accounting
The following financial data were taken from the annual financial statements of Smith corporation: 2007 2008 2009 Current assets $450,000 $400,000 $500,000 Current liabilities $390,000 $300,000 $340,000 Sales $1,450,000 $1,500,000 $1,400,000 Cost of goods sold $1,180,000 $1,...
Tuesday, June 3, 2014 at 4:06am

Principles of Accounting
Secret Trails received payment in full within the credit period for horse boarding for $900 plus 6% sales tax. terms of the sale were 2/10, n/30. which entry is required to record this payment? a. Debit Cash, $900; credit accounts receivable sales $900 b. Debit cash, $936; ...
Sunday, June 1, 2014 at 3:14pm

Pure maths ,accounting ,business studies,economics
What careers can i do with these subjects?
Friday, May 30, 2014 at 1:50pm

ACCOUNTING HELP
Hello, I'm having trouble understanding Direct Cost, Overhead Cost and Indirect Cost. ***Also Period cost and Product cost. please can anyone explain it and give examples for each! thanks
Sunday, May 25, 2014 at 8:35pm

Introduction To Business
Hi, could someone help me please with the following questions? Thanks 1. Carmen Santiago works for a number of businesses as a “consultant.” She has helped design accounting systems, provided accounting services, and analyzed the financial strength of her clients&#...
Sunday, May 25, 2014 at 7:29pm

ACCOUNTING HELP
Hello, I'm having trouble understanding Direct Cost, Overhead Cost and Indirect Cost. ***Also Period cost and Product cost. please can anyone explain it and give examples for each! thanks
Sunday, May 25, 2014 at 7:16pm

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