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April 16, 2014

Homework Help: Business: Accounting

Recent Homework Questions About Accounting

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accounting
purchases from xavier corporation were incorrectly recorded at 41,000 instead of 14,000. Should we adjust purchases and accounts payable?
Saturday, July 2, 2011 at 8:49pm

Principles of Accounting I
Deliverable Length: 5-10 PowerPoint slides / can include an Excel file for financial analysis Details: Choose a public company in the food industry. Analyze the financial statements and assess whether the financial performance has improved or declined year-over-year. Analysis ...
Saturday, July 2, 2011 at 6:38pm

Accounting
Identify at least three external users of accounting information and indicate two questions they might seek to answer through their use of accounting information I just need help on indicate 2 questions they might seek to answer through their use of accounting information
Friday, July 1, 2011 at 11:00pm

Accounting Principles
If you tried to cut and paste, it doesn't work here. You will need to type the rest of it out. Sra
Wednesday, June 29, 2011 at 10:06am

Accounting Principles
answer question Jane Kent is a licensed CPA. During the first nonth of operations of her business, the following events and transactions occurred
Wednesday, June 29, 2011 at 3:04am

ACCOUNTING- 2
Please do not use upper-case letters (capital letters) because in computer language: 1) it is considered impolite, like shouting and 2) it is too difficult to read. Because I can not read it, please try some of the following links with accounting tutorials: http://www.google....
Tuesday, June 28, 2011 at 8:19pm

ACCOUNTING- 2
Please do not use upper-case letters (capital letters) because in computer language: 1) it is considered impolite, like shouting and 2) it is too difficult to read. Sra
Tuesday, June 28, 2011 at 8:18pm

accounting
I'm sorry, but I know nothing about accounting. Jiskha doesn't have any regular accounting tutors.
Tuesday, June 28, 2011 at 6:15pm

ACCOUNTING- 2
HELP HERE IS WHOLE PROBLEM.IT NEEDS TO BE JOURNALIZED PROPERLY. mAY 15-fILED THE FEDERAL INCOME TAX RETURN FOR 2009. THE TOTAL TAX FOR THE YEAR WAS 124,000. DURING 2009, QUARTERLY DEPOSITS OF ESTIMATED TAX TOTALING 122,700 ;HAD BEN MADE. THE ADDITIONAL TAX OF 1,300 WAS PAID ...
Tuesday, June 28, 2011 at 6:05pm

accounting
MS SUE HELP HERE IS WHOLE PROBLEM.IT NEEDS TO BE JOURNALIZED PROPERLY. mAY 15-fILED THE FEDERAL INCOME TAX RETURN FOR 2009. THE TOTAL TAX FOR THE YEAR WAS 124,000. DURING 2009, QUARTERLY DEPOSITS OF ESTIMATED TAX TOTALING 122,700 ;HAD BEN MADE. THE ADDITIONAL TAX OF 1,300 WAS ...
Tuesday, June 28, 2011 at 6:02pm

accounting
Apparently Ahmed is either a fictional company or a private company. I could find no information about it. We also have no idea what Set A 21.1A is.
Tuesday, June 28, 2011 at 4:32pm

accounting
Ahmed Corportation Problem Set A 21.1A
Tuesday, June 28, 2011 at 4:23pm

accounting
Which company?
Tuesday, June 28, 2011 at 4:04pm

accounting
Recording federal income tax transaction and cash dividend transactions. What annual per share dividend was paid to common stockholders in 2010? May 15-
Tuesday, June 28, 2011 at 3:37pm

accounting
What kinds of problems could be created in a financial report is not reliable, relevant, consistent or comparable?
Monday, June 27, 2011 at 10:57pm

accounting
You trade equipment in 2010 and pay a $10,000 cash boot for similar equipment with a fair market value of $20,000. The transaction cost is $100. You paid $25,000 for your old equipment. The depreciation deduction allowed for tax purposes on the old equipment was $4,000 in 2007...
Sunday, June 26, 2011 at 5:13pm

Accounting
If both my trial balance and balance sheet are balanced, my business should breakeven with no gain or loss. But my accountant told me my business has lost $500,000. Could my accountant be right?
Sunday, June 26, 2011 at 5:08am

Principles of Accounting
here is the assignment I was asking about,but How do I get it in here? I tried copy and paste but didn't work
Saturday, June 25, 2011 at 8:07pm

Principles of Accounting
I want to know if I am on the right track to completing this assignment,accounting is very hard for me to understand.This is textbook assignment chapter 5 p26a.journalizing transactions supplier/retail business.(principles of accounting by meg pollard)the course name is ACC ...
Saturday, June 25, 2011 at 7:06pm

computers
name 6 application packages including a package that can be used to teach accounting
Saturday, June 25, 2011 at 5:36am

accounting
the answer is 5.00
Wednesday, June 22, 2011 at 4:02pm

accounting
Mitchell Corporation has current assets of $1 million and current liabilities of $750,000. If they pay $250,000 of their accounts payable, what will their new current ratio be? (Points: 4) 1.25:1 2.0:1 2.0:1 1.5:1
Wednesday, June 22, 2011 at 3:59pm

accounting
For 2010, Fielder Corporation reported net income of $30,000; net sales $400,000; and average shares outstanding of 6,000. There were no preferred stock dividends. What was the 2010 earnings per share? (Points: 4) $4.66 $0.20 $66.67 $5.00
Wednesday, June 22, 2011 at 3:58pm

Accounting
At Dec. 31st Prepaid Rent (an asset wccount)was 9000. On that same date Deposits (an asset account) was 900 The second one, from the viewpoint of the company manager, she would have an Account Receivable (from the company) of $3500.
Tuesday, June 21, 2011 at 1:23pm

Accounting
P.S. Here's a Website on how to calculate percentages: http://www.helpingwithmath.com/by_subjec​t/percentages/per_calculating.htm Sra
Monday, June 20, 2011 at 5:45pm

Accounting
You need to decide what amount to invest in order to be able to pull $60,000 from your investment for 20 years. If you take 60,000 X 20, you will need to have $1,200,000. You might try some of the following tutorials, but you need a math wizard, and that is not I! http://...
Monday, June 20, 2011 at 5:44pm

Accounting
Confused on the method used to solve this problem and could really use some help. The 5% is throwing me off as we don't know 5% on what amount and we assume that amount compounds over time? You are currently 25 years old and have just spent the past weekend in Vegas. As ...
Monday, June 20, 2011 at 4:05pm

accounting
Try some of the following links: http://search.yahoo.com/search?fr=mcafee​&p=McDonald%27s+coreporate+streategy+%26​+goals Sra
Monday, June 20, 2011 at 9:47am

accounting
What do you think mcdonalds corporate strategy and goals were?
Sunday, June 19, 2011 at 11:45pm

persuasive essay
need help checking grammar errors please and how good is it? Credits cards have some positive value to them from being able to make big purchases, to making an everyday purchase. This reminds me of a quote said by John Mc Donald’s “Everything that has a positive side...
Friday, June 17, 2011 at 9:29pm

accounting
You might want to keep some of the accounting tutorials handy: http://search.yahoo.com/search?fr=mcafee​&p=accounting+tutorials Peachtree: http://search.yahoo.com/search?fr=mcafee​&p=Peachtree Quickbooks: http://search.yahoo.com/search?fr=mcafee​&p=Quickbooks...
Thursday, June 16, 2011 at 12:39am

accounting
Enter transactions: 1. owner contributes $6,00 cash 2. $2,000 in revenue on account 3. $1,500 cash from debtors 4. Rent expense cash $400 5. $300 in cash for salaries invested $2,500 in a certificate of deposit(terms - 12 months, rate of interest - 8%) Adjusted enteries at end...
Wednesday, June 15, 2011 at 9:42pm

accounting
Try some of the following links: http://search.yahoo.com/search?fr=mcafee​&p=how+to+prepare+a+bank+reconciliation+​%26+record+adjustments Sra
Wednesday, June 15, 2011 at 9:12pm

Financial Accounting
1) Both assets and SE go up as cash goes to the company and more shares are bought. 2) Cash $120,000 Stocks issued on par $24,000 Gain on c/s $96,000
Wednesday, June 15, 2011 at 7:01pm

Financial Accounting
Incentive Corporation was organized in 2009 to operate a financial consulting business. The charter authorized the following capital stock: common stock, par value $4 per share. 12,000 shares. During the first year, the following selected transactions were completed: a - ...
Wednesday, June 15, 2011 at 4:33pm

accounting
I need help with the layout on how to prepare a bank reconciliation and record adjustments. As of July 31 Company is Clark Company.
Wednesday, June 15, 2011 at 3:45pm

accounting
Try some of the following links; http://search.yahoo.com/search?fr=mcafee​&p=how+to+figure+the+depreciation+expens​e Sra
Wednesday, June 15, 2011 at 2:13am

accounting
Jay Corp. bought a machine for $15,000. The machine is expected to produce 10,000 units. The machine has a residual value of $5,000. Assuming the machine produces 400 units during Year 1, what should the depreciation expense be?
Tuesday, June 14, 2011 at 11:07pm

college accounting
Complete the correct income statement, beginning with income before income taxes. MOLINI CORPORATION Partial Income Statement For the Year Ended October 31, 2008 Income before income taxes $ 540000 Income tax expense 162000 Income before extraordinary item 378000 Extraordinary...
Tuesday, June 14, 2011 at 1:57am

college accounting
Solution Close E15-12 (a) MOLINI CORPORATION Partial Income Statement For the Year Ended October 31, 2008 Income before income taxes $540,000 Income tax expense ($540,000 × 30%) 162,000 Income before extraordinary item 378,000 Extraordinary loss from flood, net of $45,...
Tuesday, June 14, 2011 at 1:56am

accounting
You might want to keep some of the following accounting tutorials handy: http://search.yahoo.com/search?fr=mcafee​&p=accounting+tutorials Sra
Monday, June 13, 2011 at 9:51am

accounting
Selling price of a bond: Problem type 1 On December 31, 2008, $140,000 of 9% bonds were issued. The market interest rate at the time issuance was 11%. The bonds pay on June 30 and December 31 and mature in 10 years. Compute the selling price of a single $1,000 bond on December...
Monday, June 13, 2011 at 7:46am

Accounting
Try some of the following links: http://search.yahoo.com/search?fr=mcafee​&p=maturity+value+of+a+120-day%2C+4+%25+​note+for+%24+18%2C000+ Sra
Sunday, June 12, 2011 at 10:04am

Accounting 2
1. For the units of production method, try some of the following links: 2. how to calculate depreciation: http://search.yahoo.com/search?fr=mcafee​&p=how+to+figure+depreciation+on+a+gener​ator Sra
Sunday, June 12, 2011 at 10:03am

Accounting 2
At the beginning of the year, we purchased a generator for $ 56,000. We expect then generator to have a useful life of 12 years, or 60,000 hours. The residual value of the generator at the end of its life is expected to be $ 5,600. We actually used the generator 3,500 hours in...
Sunday, June 12, 2011 at 9:03am

Accounting
What is the maturity value of a 120-day, 4 % note for $ 18,000
Sunday, June 12, 2011 at 8:58am

accounting
Try some of the following links on accounting tutorials and "bookmark" the helpful ones: http://search.yahoo.com/search?fr=mcafee​&p=accounting++tutorials Sra
Saturday, June 11, 2011 at 3:36pm

accounting
How do you prepare the following adjusting, reversing and next period entry into an unadjusted trial balance? I also need help with the rest of this problem. Cost of supplies still available December 31 is 2,700 The notes payable requires an interest payment to be made every 3...
Saturday, June 11, 2011 at 2:29pm

accounting
Please try some of the following links: http://search.yahoo.com/search?fr=mcafee​&p=How+to+figure+FUTA%2FSUTA+EArnings Sra
Friday, June 10, 2011 at 7:21pm

accounting
How do I figure FUTA/SUTA earnings? This is what my book gives: James Company has three employees .Its payroll information is given below. Employee Earnings Prior October to October Earnings Donald Robinson: $6050 $1200 OASDI Earnings FUTA/SUTA Earnings $1200 $950 Tax Rate ...
Friday, June 10, 2011 at 6:38pm

accounting
You might want to keep some of these accounting tutorials handy: http://search.yahoo.com/search?fr=mcafee​&p=acounting+tutorials Sra
Friday, June 10, 2011 at 6:15pm

accounting
If you found your information from 2007 on Jiskha, you should note that the question was posted, but there was no answer. Please see my previous responses to your questions today.
Friday, June 10, 2011 at 6:10pm

accounting
You might want to keep the following accounting tutorials handy: http://search.yahoo.com/search?fr=mcafee​&p=ac+counting+tutorials Sra
Friday, June 10, 2011 at 6:09pm

accounting
I got this of this web site but I don't understand where it all goes. this is the one I am working on. I need help. Part 1 BULLSEYE RANGES For Year Ended December 31, 2005 Unadjusted Trial Balance Adjustments Adjusted Trial Balance Account Title Dr. Cr. Dr. Cr. Dr. Cr. ...
Friday, June 10, 2011 at 6:05pm

accounting
See my response to your other post.
Friday, June 10, 2011 at 4:40pm

accounting
We have no idea what Exercise E4-3 is. Jiskha is not connected in any way with any school! Note also that we do not have any regular accounting tutors.
Friday, June 10, 2011 at 4:40pm

accounting
I need to add the last question I entered was for Showers Company
Friday, June 10, 2011 at 4:39pm

accounting
Preparing closing entries and a post-closing trial balance for Exercise E4-3 I need help with this
Friday, June 10, 2011 at 4:38pm

accounting
The Fast Delivery Service submitted the transactions given below. Analyze these business transactions. a. On October 1st, Joseph took $25,000 from personal savings and deposited the amount to open a business checking account in the name of Fast Delivery Service. b. On October ...
Friday, June 10, 2011 at 1:05pm

accounting
B.) debit Rent Revenue and credit unearned rent $10,500
Friday, June 10, 2011 at 1:59am

tax accounting
You might try some of the following sites on tax accounting tutorials: http://search.yahoo.com/search?fr=mcafee​&p=tax+accounting+tutorial Sra
Thursday, June 9, 2011 at 10:42am

tax accounting
bruce wilson won 2 million in the state lottery. the lottery pays out the prize money in 20 annual installments of 100,000 each. After receiving three 100,000 installments, bruce sold the remaining 1.7 million of payments for 1 million. He wants to report the 1 million as long...
Thursday, June 9, 2011 at 1:34am

accounting
kindly please help me. B1, G1, and P1 formed a partnership. They agreed that B1 will receive a bonus of 10% of partnership net income. B1 and G1 will receive salary allowances of $10,000 and $8,000, respectively, and the remaining income is allocated equally. Net income ...
Wednesday, June 8, 2011 at 2:17pm

accounting
Since you are studying accounting, you might like to keep some of the following links handy: http://search.yahoo.com/search?fr=mcafee​&p=accounting+tutorials Sra
Monday, June 6, 2011 at 1:01pm

accounting
is any one can help me in solving these problem.thank you and may GOD blees u always. Problem Solving: 1. Xiat is a partner who used the stock of the firm worth Php 10,000 and suffered a loss of Php 2,000. He went the firm to bear the loss. How much ‘Xiat’ is liable ...
Monday, June 6, 2011 at 11:56am

managerial accounting
Question 1 Based on the company's 10-K/A filing with the SEC, JetBlue's strategy for success is product leadership with customer value proposition. As a matter of fact, this is JetBlue's core strategy, "provides high-quality customer service at low fares ...
Sunday, June 5, 2011 at 7:15pm

accounting please help urgent
Since you are studying accounting, you might like to keep some of the following tutorial links handy: http://search.yahoo.com/search?fr=mcafee​&p=accounting+tutorials 1. For recording initial investments, try some of these links: http://search.yahoo.com/search?fr=mcafee...
Saturday, June 4, 2011 at 9:03pm

accounting please help urgent
pls.hep me to solve tjis problem.. is anyone willing to solve please. PROBLEM 1: On Jan 1, 2011, the Rhiri, Brit & Keisha partnership is formed. Rhiri and Brit contribute cash of $30,000 and $20,000 respectively, while Keisha contributes assets with the following fair values: ...
Saturday, June 4, 2011 at 8:48pm

n/a
Inter-department Services Step Method : O'brain's Department Store Allocates the Cost of personnel and Payroll to three retail Sales Department Housewares , Clothing and Furniture . In addition to providing services to the operating department. Personnel and Payroll ...
Saturday, June 4, 2011 at 4:26pm

accounting
How do financial tren impact forecasting
Saturday, June 4, 2011 at 3:01am

accounting
You might like to keep some of the following accounting tutorials handy: http://search.yahoo.com/search?fr=mcafee​&p=accounting+tutorials Sra
Friday, June 3, 2011 at 11:54pm

accounting
Required a. Determine the gross profit margin for each product produced based on the ABC data [(selling price 2 ABC cost per foot) 3 feet produced]. b. Determine the gross profit margin for each product produced based on the traditional costing data [(selling price 2 ...
Friday, June 3, 2011 at 10:34pm

acc 121
You might like to keep some of the following tutorials handy: http://search.yahoo.com/search?fr=mcafee​&p=accounting+tutorials Sra
Friday, June 3, 2011 at 6:11pm

Managerial Finance and Accounting
You might try some of the following links containing accounting tutorials: http://search.yahoo.com/search?fr=mcafee​&p=accounting+tutorials Sra
Thursday, June 2, 2011 at 5:41pm

Managerial Finance and Accounting
Santiago’s Salsa in Problem 1-1. The company is currently producing and selling 325,000 jars of salsa annually.The jars sell for $5.00 each.The company is considering lowering the price to $4.60. Suppose this action will increase sales to 375,000 jars. Required a. What is...
Thursday, June 2, 2011 at 12:27pm

accounting ..urgent pls
Hopefully some of the links on the next 2 posts, which I saw first, will apply here as well. Sra
Wednesday, June 1, 2011 at 8:52pm

accounting ..urgent pls
Here are some sites on journal entries to try: http://search.yahoo.com/search?fr=mcafee​&p=journal+entries Sra
Wednesday, June 1, 2011 at 8:52pm

accounting ..urgent pls
See if any of the accounting tutorials will assist you: http://search.yahoo.com/search?fr=mcafee​&p=accounting+tutorials Sra
Wednesday, June 1, 2011 at 8:51pm

accounting ..urgent pls
PLEASE HELP ME AND YOU ARE ALL BRIGHT AND I NEED YOUR HELP FOR SOLVING THIS PROBLEM. PROBLEM 1: CARE p’ship at December 31 had cash amounting to $20,000, noncash assets $100,000, liabilities $55,000, and the following capital balances: Cassandra $45,000 and Penelope $20,...
Wednesday, June 1, 2011 at 7:10pm

accounting ..urgent pls
please help me to solve this problem. THANK YOU AND MAY GOD BLESS YOU ALWAYS. L. Carson agrees to pay $10,000 each to to C. Ames and D. Barker for 1/3 of their interest in the Ames-Barker partnership. At the time of the admission of Carson, each partner has a $30,000 capital ...
Wednesday, June 1, 2011 at 7:06pm

accounting ..urgent pls
can you help please.. PROB 1: A, B and C shared the profit of Rs. 9,00,000 in the ratio of 2:2:1 without providing for interest on B’s loan, B granted a loan of Rs. 4,00,000 in the beginning of accounting year. Where as the partnership deed is silent on the interest on ...
Wednesday, June 1, 2011 at 6:56pm

accounting..please help
can you help me please for this solving problem below... problem: A, B and C shared the profit of Rs. 9,00,000 in the ratio of 2:2:1 without providing for interest on B’s loan, B granted a loan of Rs. 4,00,000 in the beginning of accounting year. Where as the partnership ...
Monday, May 30, 2011 at 6:43pm

accounting
if the landscaping increases the value of ur assets (is a capital expen) the it is; Cash Cr. Land Dr. If it is revenue then Cash Cr. expenses Dr.
Monday, May 30, 2011 at 8:52am

accounting
do u want to find out the pv of 108000 i think? isnt it?
Monday, May 30, 2011 at 8:43am

accounting
try the termpapergurus..they do you homework for you at a very reasonable price..be sure to check them out
Monday, May 30, 2011 at 8:34am

Accounting
what exactly are we you asking for in this? are you asking for the journal entries?
Monday, May 30, 2011 at 8:31am

accounting
Hopefully something here will help: http://search.yahoo.com/search?fr=mcafee​&p=journalize+cash+for+landscaping+prope​rty Sra
Monday, May 30, 2011 at 12:29am

Accounting
Try some of the following links: http://search.yahoo.com/search?fr=mcafee​&p=how+to+jornalize+property+%26+constru​ction Sra
Monday, May 30, 2011 at 12:29am

Accounting
Company acquired a property and need to journalize the property and construction. Received 4,700 in salvage from material removed from old building.
Sunday, May 29, 2011 at 10:00pm

accounting
Paid 55.00for landscaping property. Used cash. Journalize
Sunday, May 29, 2011 at 9:59pm

accounting
1. for the purpose, try some of the following links: http://search.yahoo.com/search?fr=mcafee​&p=the+purpose+of+managerial+accounting 2. judgment: http://search.yahoo.com/search?fr=mcafee​&p=how+managerial+accountants+support+st​rategic+decisions 3. ...
Sunday, May 29, 2011 at 11:08am

accounting
You have been asked to prepare a presentation for the next board of directors meeting regarding managerial accounting. What is the purpose of managerial accounting? How do managerial accountants support strategic decisions? How do managers implement strategy? You have been ...
Sunday, May 29, 2011 at 6:05am

accounting
See if any of the tutorials will help: http://search.yahoo.com/search?fr=mcafee​&p=auditing+tutorials Sra
Friday, May 27, 2011 at 11:16pm

accounting
please can you help how to get the answers fpr this problem solving .. I am really could not get the correct answer. problem: On Jan 1, 2011, the Rhiri, Brit & Keisha partnership is formed. Rhiri and Brit contribute cash of $30,000 and $20,000 respectively, while Keisha ...
Friday, May 27, 2011 at 7:29pm

accounting
They do not cover this question, they explain what the assumptions are, what they do, and how they work. They do not explain how the choice cost flow assumption might affect the company's cost of goods sold and ending inventory balance.
Friday, May 27, 2011 at 12:46pm

accounting.pls help me
Hopefully some of the following tutorials will help: http://search.yahoo.com/search?fr=mcafee​&p=accounting+tutorials Sra
Friday, May 27, 2011 at 10:04am

accounting.pls help me
Is anyone can help me to solve this problem beloww. thank you very much. PROBLEM 1: On Jan 1, 2011, the Rhiri, Brit & Keisha partnership is formed. Rhiri and Brit contribute cash of $30,000 and $20,000 respectively, while Keisha contributes assets with the following fair ...
Friday, May 27, 2011 at 5:56am

Financial Accounting
I am so lost on this. I need to prepare adjusting journal entry for this. The truck was acquired on August 1. Franklin estimates the truck will have a useful life of 5 years and no salvage value. The depreciation on the building has already been recorded. In my general ledger ...
Thursday, May 26, 2011 at 9:02pm

accounting
You might try some of the following sites to see if that question is covered: http://search.yahoo.com/search?fr=mcafee​&p=how+might+the+choice+of+cost+flow+ass​umption+affect+the+company%27s+cost+of+g​oods+sold+and+ending+inventory+balance%3​F Sra
Thursday, May 26, 2011 at 6:27pm

Accounting 100
Try some of the following links: http://search.yahoo.com/search?fr=mcafee​&p=Who+can+be+harmed+when+a+company+chan​ges+its+accounting+methods+too+often%3F+​ Sra
Thursday, May 26, 2011 at 6:24pm

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