Number of results: 29
Is this order correct for the accouting cycle: 1. Analyzing transactions and events 2. Journalizing transactions and events 3. Posting the journal entries 4. Preparing an unadjusted trial balance 5. Journalizing and posting adjusting entries 6. Preparing the adjusted trial ...
November 15, 2007 by student acc
How much investment per dollar of expected annual operating savings can a company afford if the investment has an expected life of 8 years and its required rate of return is 14%?
May 5, 2012 by Andrew
accouting edit plz
Received a $95 bill for telephone service during the month of October (the bill is paid in November). Telephone Expense accounts payable or is it, accounts recievable service revenue
May 28, 2010 by Thara!
Vacation pay payable is reported on the balance sheet as a(n) a. current liability or long-term liability, depending upon when the vacations will be taken by employees b. current liability c. expense d. long-term liability it's not b
April 24, 2012 by Ricki
If beginning inventory consisted of 22,500 units, ending inventory was 7,500 units, and 33,000 units were started during the period, how many units were completed and transferred out of the department to the next department? Show your work
May 20, 2015 by KIKI
5. Compute the price of $3,461,181 received for the bonds by using the tables of present value in Appendix A. (Round to the nearest dollar.) Your total may vary slightly from the price given due to rounding differences. Present value of the face amount $ Present value of the ...
May 12, 2011 by johnetta
If a firm pays its bills with a 30-day delay, what fraction of its purchases will be paid for in the current quarter? In the following quarter? What if its payment delay is 60 days? It will pay 1/4 of its yearly bills each quarter -- no matter what its payment delay is. With a...
February 18, 2007 by mike
acct.information system components
can someone correct these for me when you have a chance thanks: a) source documents b) input devices c) information process d) information storage e) output devices I have to assigned them to the following titles that best plays role in the accouting system. My answers are in ...
December 7, 2007 by student acc
Please can you show me how to do it. An employee receives an hourly rate of $25, with time and a half for all hours worked in excess of 40 during a week. Payroll data for the current week are as follows: hours worked, 46 federal income tax withheld, $350; cumulative earnings ...
April 23, 2012 by RIkci
Company E December 31, 2010 Assets $42,000 $32,760 $26,880 $74,760 $114,660 Liabilities 34,440 22,932 14,515 51,584 ? December 31, 2011 Assets 45,000 32,400 ? 81,900 124,200 Liabilities ? 22,032 14,773 39,312 98,118 During year 2011 Stock issuances 6,000 1,400 9,750 ? 6,500 ...
May 2, 2011 by kelly
A fast-food establishment is thinking of buying a new cooking grill and refrigeration unit. The costs of these new machines are $12,500 and $9,000, respectively. The installation costs of the new equipment will run about $800. It is estimated that 10% more customers can be ...
September 27, 2009 by faye
The ledger of Custer Company has the following work in process account. Work in Process—Painting 5/1 Balance 4,820 5/31 Transferred out ? 5/31 Materials 5,710 5/31 Labor 4,800 5/31 Overhead 2,430 5/31 Balance ? Production records show that there were 410 units in the ...
July 21, 2013 by Patiance
I need to prepare a multi-step income statement for Coyote, Inc from a single-step statement. Thuis is the following information that I was given. Net sales $1,833,000 Interest Income 13,000 __________ 1,846,000 Costs and expenses Cost of goods sold 1,072,000 Selling expenses ...
April 24, 2010 by Sharon
Nancy Company has budgeted sales of $300,000 with the following budgeted costs: Direct materials $60,000 Direct manufacturing labor 40,000 Factory overhead Variable 30,000 Fixed 50,000 Selling and administrative expenses Variable 20,000 Fixed 30,000 Question 1: Compute the ...
April 2, 2011 by eric
Bennis Company has the following comparative balance sheet data. BENNIS COMPANY Balance Sheets December 31 2011 2010 Cash $ 15,000 $ 30,000 Receivables (net) 70,000 60,000 Inventories 60,000 50,000 Plant assets (net) 200,000 180,000 $345,000 $320,000 Accounts payable $50,000 $...
October 6, 2009 by Tonya
Horton Company, as lessee, enters into a lease agreement on July 1, 2008, for equipment. The following data are relevant to the lease agreement: 1. The term of the non-cancelable lease is 4 years, with no renewal option. Payments of 422,689 are due on June 30, of each year. 2...
August 1, 2011 by carol
On 1st September 2015, the opening balances of ABC Company were as follows: Accounts Debit $ Credit $ Cash 4,880 Accounts Receivable 3,520 Supplies 1500 Equipment 15,000 Accumulated Depreciation 1,500 Accounts Payable 3,400 Unearned Service Revenue 1,400 Capital 18,600 Total ...
February 19, 2016 by tani
Prepare a 10-column work sheet for fiscal year 2005, starting with the unadjusted trial balance and including adjustments based on these additional facts: a. The supplies available at the end of fiscal year 2005 had a cost of $3,200. b. The cost of expired insurance for the ...
May 27, 2012 by Lauren
- Hanna Manufacturing – Due Hanna Manufacturing manufactures components for the farming industry and is considering replacing its existing equipment with new and more high technology machinery, despite the fact that its existing eq uipment is only a few years old and still ...
March 21, 2013 by awad
college accouting REALLY IMPORTANT PLEASE HELP =/
On Jan 1, 2009 the following activitis occurred: a) ICDI, a consulting services company, was orgainized and issed 10,000 shares of capita stock in exchange for $500,000 cash. b)UCDI entered into an agreement with a landlord and paid $60,000 or 6 months rent in advance. c) the ...
October 7, 2009 by Bel
Bob night opened "The general's favorite Fishing Hole" The fishing camp is open from April through September and attracts many famous college basketball coaches during the off-season. Guests typically register for one week, arriving on Sunday afternoon and returning home the ...
January 29, 2011 by Aloma