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July 30, 2014

Search: The following stockholders' equity accounts, arranged alphabetically, are in the ledger of Freeze Corporation at December 31, 2010

Number of results: 34,211

accounting
E11-9 The following stockholders’ equity accounts, arranged alphabetically, are in the ledger of Marvel Corporation at December 31, 2007. Common Stock ($5 stated value) $1,500,000 Paid-in Capital in Excess of Par Value—Preferred Stock 45,000 Paid-in Capital in Excess of Stated...
April 29, 2010 by Anonymous

accounting
The following stockholders' equity accounts arranged alphabetically are in the ledger of McGrath Corporation at December 31, 2011. Common Stock ($10 stated value) $1,500,000 Paid-in Capital from Treasury Stock 6,000 Paid-in Capital in Excess of Stated Value-Common Stock 690,...
January 15, 2013 by Anonymous

accounting
I just have a small question about how to calculate the shares of common stocks, no par having the information below, thanks. The following stockholders' equity accounts arranged alphabetically are in the ledger of Tyner Corporation at December 31, 2010. Common Stock ($5 ...
April 15, 2010 by mayasa

Accounting
The following stockholders' equity accounts arranged alphabetically are in the ledger of McGrath Corporation at December 31, 2011. Common Stock ($10 stated value) $1,500,000 Paid-in Capital from Treasury Stock 6,000 Paid-in Capital in Excess of Stated Value-Common Stock 690,...
November 12, 2013 by Shirley

acc/291
The following stockholders’ equity accounts arranged alphabetically are in the ledger of McGrath Corporation at December 31, 2011. Common Stock ($10 stated value) $1,500,000 Paid-in Capital from Treasury Stock 6,000 Paid-in Capital in Excess of Stated Value—Common Stock 690,...
June 11, 2012 by at

finance 34
34. The retained earnings of the firm belong to A. creditors B. preferred stockholders C. common stockholders D. bondholders I chose (C) common stockholders, because the equity section is divided into two accounts 1. common stock and 2. retained earnings. The common stock ...
July 24, 2008 by Jason

accounting
A tabular analysis of the transactions made during August 2010 by Witten Company during its first month of operations is shown below. Each increase and decrease in stockholders' equity is explained. Assets = Liabilities + Stockholders' Equity Cash + Accounts Receivable + ...
November 9, 2013 by eric

ACC291
The following stockholders' equity accounts arranged alphabetically are in the ledger of McGrath Corporation at December 31, 2011. Common Stock ($10 stated value) $1,500,000 Paid-in Capital from Treasury Stock 6,000 Paid-in Capital in Excess of Stated Value-Common Stock 690,...
February 27, 2012 by Beth

Accounting
Entries for Stock Dividends Organic Life Co. is an HMO for businesses in the Portland area. The following account balances appear on the balance sheet of Organic Life Co.: Common stock (250,000 shares authorized), $125 par, $17,500,000; Paid-In Capital in excess of par—common ...
June 7, 2013 by Anonymous

Balance Sheet
Use the following information to complete the balance sheet (1) The company was organized on January 1, 2005, and has operated for the full year 2005. (2) Earnings have amounted to $275,000, and dividends of $70,000 have been paid to stockholders. (3) Cash and accounts ...
June 6, 2008 by Steve

business
Using the financial statements for the Goodyear Calendar Company, calculate the 13 basic ratios found in the chapter. December 31, 2008 Assets Current assets: Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 40,000 Marketable ...
November 9, 2009 by jeff

finance and accounting
Account Word Problems like this I seem not to get the concept , please give me an exam as how to figure out this problem. 1. The liabilities of Acosta Corporation equal one-third of the total assets. And stockholders equity is $160,000. What is the amount of the liabilities. ...
March 4, 2008 by Ellen

Business
Using the financial statements for the Goodyear Calendar Company, calculate the 13 basic ratios found in the chapter. GOODYEAR CALENDAR COMPANY Balance Sheet December 31, 2008 Assets Current assets: Cash...
November 9, 2009 by Jeff

finance 200
· Complete using the financial statement below to calculate the 13 basic ratios found in the chapter. There is NO need to repeat the financial statements in your assignment. Just show the calculations of each ratio: FORD MOTOR CORPORATION Balance Sheet December 31, 200x Assets...
March 30, 2010 by cari

Finance 200
How do I set this up? How do I do this? I'm not undestanding what she wants me to do. · Complete using the financial statement below to calculate the 13 basic ratios found in the chapter. There is NO need to repeat the financial statements in your assignment. Just show the ...
March 30, 2010 by cari

fiance 200
How do I set this up? What do I do? I'm really confused on what to do. Please Help! · Complete using the financial statement below to calculate the 13 basic ratios found in the chapter. There is NO need to repeat the financial statements in your assignment. Just show the ...
March 30, 2010 by annonomous

Accounting
These questions are based on the following information and should be viewed as independent situations. Popper Co. acquired 80% of the common stock of Cocker Co. on January 1, 2009, when Cocker had the following stockholders' equity accounts. Common Stock- 40,000 shares ...
August 13, 2013 by Joy

Accounting
These questions are based on the following information and should be viewed as independent situations. Popper Co. acquired 80% of the common stock of Cocker Co. on January 1, 2009, when Cocker had the following stockholders' equity accounts. Common Stock- 40,000 shares ...
August 13, 2013 by Joy

Accounting
These questions are based on the following information and should be viewed as independent situations. Popper Co. acquired 80% of the common stock of Cocker Co. on January 1, 2009, when Cocker had the following stockholders' equity accounts. Common Stock- 40,000 shares ...
August 13, 2013 by Joy

accounting
I need help in preparing the following: 1) record the 2008 transactions in journal form. 2) prepared the stockholders equt7y section of the company balance sheet as of December 31, 2008. Assume net income for the year is $4000, 000 The stockholders equity section of Rigby ...
July 27, 2008 by Kendra

Finance
P2. Use your knowledge of balance sheets to fill in the missing amounts: Assets: CASH - $10,000 ACCOUNTS RECEIVABLE - $100,000 INVENTORY - $------ TOTAL CURRENT ASSETS – $220,000 GROSS PLANT AND EQUIPMENT – $500,000 LESS: ACCUMULATED DEPRECIATION -$ ------ NET PLANT AND ...
March 6, 2013 by Rose

Accounting
Argo Sales Corporation has in recent years maintained the following relationships among the data on its financial statements: Gross profit margin 40% Net profit margin 10% Rate of selling expenses to net sales 20% Accounts receivable turnover 8 times per year Inventory ...
November 29, 2007 by Peace

Accounting
Help with Crosby Corporation? Can you please help me. I am completly stuck. Prepare a statement of cash flows for the Crosby Corporation. Follow the general procedures indicated in Table 2–10 on page 38 . Statement of cash flows (L04) Current Assets Liabilities Cash...
January 27, 2010 by Marla

accounting
:The balance sheet for Glenwood Corporation at December 31, 2011, showed the following subtotals: Current Assets $140,000 Current Liabilities 80,000 Property & Equipment 420,000 Total Stockholders' Equity 420,000 Retained Earnings 120,000 Total Liabilities 210,000 Other long-...
October 23, 2011 by Anonymous

financial management
Using the following information, prepare a balance sheet for Midsize Corporation: Total Current Assets $11,800,000 Gross Fixed Assets $15,000,000 Cash ? Stockholders' Equity $6,450,000 Inventory $5,800,000 Accrued Expenses $600,000 Accounts payable $4,200,000 Notes Payable $3,...
October 4, 2009 by dee

Finance
Trying to figure out how to do problems like these. So confused! 1. The receivables turnover for 2009 is 10 times. 2. All sales are on account. 3. The profit margin for 2009 is 14.5%. 4. Return on assets is 22% for 2009. 5. The current ratio on December 31, 2009, is 3.0. 6. ...
November 13, 2011 by Ali

ACCT 2100
The bookkeeper for Andy’s Country Music Bar went insane and left this incomplete balance sheet. Andy’s working capital is $95,000 and its debt to assets ratio is 40 percent. Required: Complete the balance sheet by supplying the missing amounts. (Round your answers to the ...
April 28, 2013 by Jimmy D

financial accounting
(5) Chapter 13 Problem The Torre Company has the following balances in stockholders equity on December 31st. Common Stock - $5.00 par, 60,000 issued $300,000 Additional paid in capital - common 600,000 Preferred stock - $100 par, 5,000 issued 500,000 Additional paid in capital...
November 25, 2011 by Anonymous

Accounting
The comparative statements of Lucille Company are presented here. LUCILLE COMPANY Income Statements For the Years Ended December 31 First number are 2012 2012 then 2011 Net sales $1,890,540 $1,750,500 Cost of goods sold 1,058,540 1,006,000 Gross profit 832,000 744,500 Selling...
November 12, 2013 by Kristina

Accounting
Identify whether each of the following items would appear on the income statement (IS), statement of changes in stockholders’ equity (SE), balance sheet (BS), or statement of cash flows (CF). Some items may appear on more than one statement; if so, identify all applicable ...
August 3, 2012 by Gen

Finance
. Fill out the missing items on the Kim, Inc.’s balance sheet based on the ratios given below: Cash and marketable securities 800 current liabilities ? Accounts Receivables ? Long term Debt ? Inventory ? Equity ? Fixed Assets ? TOTAL ASSETS $8800 TOTAL LIABILITIES AND EQUITY...
March 2, 2011 by Ann

Finance
Use your knowledge of balance sheets and common-size statements to fill in the missing dollar amounts: ASSETS Cash $25,000 3.4% Accounts receivable $125,000 _____ Inventory _______ 27.1% Total current assets $350,000 ______ Gross plant and equipment _______ 95.0% Less: ...
January 30, 2012 by audrey

accounting
P15-1 Comparative statement data for Douglas Company and Maulder Company, two competitors, appear below. All balance sheet data are as of December 31, 2009, and December 31, 2008. Douglas Company Maulder Company 2009 2008 2009 2008 Net sales $1,549,035 $339,038 Cost of goods ...
November 29, 2009 by Kat

Accounting
When a corporation issues common stock what is the impact on the financial statements (assets, liabilities, stockholders' equity, and net income) and on the following financial ratios: Current ratio, ROA, and ROE?
March 3, 2008 by Del

Accounting
Please describe how the following transactions affects the accounting equation: Provide service for cash Increase, decrease of no change from the following accounts Assets, Liability and Owners Equity
June 21, 2010 by John

accounting
indicate in the table below the financial statement on which each of the following accounts appear. (FINANCIAL STATEMENTS) ACCOUNTS: CASH IN THE BANK DOES IT BELONG ON INCOME STATEMENT OR STATEMENT OF CHANGES IN OWNERS EQUITY OR BALANCE SHEET. LL I NEED IS ONE EXAMPLE JUST ...
April 10, 2009 by anonymous

Finance
The balance sheet for the Raider Company shows Total assets of $12,900 financed by $3,000 of Debt and $9,900 of Stockholders' equity. For the Target Company Total assets of $4,900 are financed by $1,800 ofDebt and $3,100 of Stockholders' equity. The Raider Company plans to ...
July 11, 2013 by Me

accounting
Based on the financial statements for Jackson Enterprises (income statement, statement of owner's equity, and balance sheet) shown below, prepare the following financial ratios. All sales are credit sales. The Accounts Receivable balance on January 1, 20--, was $21,600. Assume...
February 28, 2014 by amber

Accounting
When Resisto Systems, Inc., was formed, the company was authorized to issue 5,000 shares of $100 par value, 8 percent cumulative preferred stock, and 100,000 shares of $2 stated value common stock. Half of the preferred stock was issued at a price of $103 per share, and 70,...
December 9, 2011 by kate

travel and meeting planning
how are most travel itineraries arranged A.alphabetically b.event by event c.day to day d.by contact person
November 7, 2013 by susue

Math accounting
The following selected transactions were completed by Pilgrim Delivery Service during July: 1. Received cash from issuing capital stock, $115,000 2. received cash for providing delivery service, $58,000 3. Paid advertising expense, $2,000 4. Paid creditors on account, $4,800 5...
January 13, 2008 by MiMi

Finance
3) Which of the following statements is true concerning home equity loans? A. Home equity loans are generally installment loans with a 5-15 year term. B. Home equity loan interest is never tax-deductible. C. Home equity loans are secured by all of the borrower’s assets. D. ...
October 8, 2011 by Anonymous

Personal Finance
Which of the following statements is true concerning home equity loans? A. Home equity loans are generally installment loans with a 5-15 year term. B. Home equity loans are secured by all of the borrower’s assets. C. Home equity loan interest is never tax-deductible. D. Home ...
September 2, 2011 by Her

Intermediate Accounting
Burr Corporation began operations on January 1, 2007, and at December 31, 2007, Burr had the following investment portfolio of marketable equity securities: In current assets In noncurrent assets Aggregate cost $185,000 $275,000 Aggregate market value 150,000 225,000 Net ...
December 11, 2010 by cyndi

Introduction to Finance: Harvesting the Money Tree
27. Prepare a statement of cash flows for the Crosby Corporation. Follow the general procedures indicated in Table 2–10 on page 38 . Statement of cash flows (L04) Current Assets Liabilities Cash . . . . . . . . . . . . . . . . . . . . . . . . . $ 15,000 Accounts payable...
July 12, 2009 by scooby9132002

Finance
Use the following financial statements for Lake of Egypt Marina, Inc. LAKE OF EGYPT MARINA, INC Balance Sheet as of December 31, 2012 and 2011 (in millions of dollars) 2012 2011 2012 2011 Assets Liabilities and Equity Current assets: Current liabilities: Cash and marketable ...
September 9, 2012 by Julie

Accounting
The following information is necessary to compute the net assets (stockholders' equity) and book value per share of common stock for Rothchild Corporation: 8% cumulative preferred stock, $100 par $ 200,000 Common stock, $5 par, authorized 100,000 shares, issued 60,000 shares ...
December 9, 2011 by kate

Accounting
On January 1, 2006 two individuals invested 510000 each to form Steve Corporation. Steve had total revenues of 240000 during 2006 and 250000 during 2007. Total expenses for the same periods were 120000 and 150000. Cash dividends paid out to stockholders totaled 22000 in 2006 ...
September 25, 2008 by Maddie

accounting 2 urgent please help
part 1 June 30, 2008/2007 Assets Cash- 34,700/23,500 accounts receivable- 101,600/92,300 inventory- 146,300/142,100 Investment-0/50,000 Land-145,000/0 equipment- 215,000/175,500 accumulated depreciation- (53,400)/ (41,300) 2008= 594,000 /2007=442,100 Liabilities and ...
November 19, 2008 by gabrielle

accounting
Selected year- end financial statements of Cadet Corporation follow. ( All sales were on credit; selected balance sheet amounts at December 31, 2008 (prior year – you will need this to calculate certain averages), were inventory, $ 56,900; total assets, $ 219,400; common stock...
October 30, 2011 by Renee

Acc
The comparative statements of Dillon Company are presented below. Analysis DILLON COMPANY Balance Sheets December 31 Assets 2009 2008 Current assets Cash $ 21,000 $ 18,000 Short-term investments 18,000 15,000 Accounts receivable (net) 86,000 74,000 Inventory 90,000 70,000 ...
April 8, 2010 by Anonymous

different one Financial Accounting
For each transaction, indicate whether the related account would be classified as an (a) asset (b) liability (c) stockholders' equity to be reported in the balance sheet (d) revenue (e) expense to be reported in the income statement (f) dividend to be reported in the ...
January 21, 2012 by Franklin (Due Monday)

Accounting
Determine the profit margin with the following; Income tax expense: 139,200 Sales: 1,348,000 Selling expense: 383,100 Interest expense: 5,800 General and administrative expenses: 369,990 Earnings per share: $2.97 Stockholders equity: 549,000
August 1, 2008 by Bailey

accounting
P13-4A The following financial information is for Inca Company. INCA COMPANY Balance Sheets December 31 Assets 2007 2006 Cash $ 70,000 $ 65,000 Short-term investments 55,000 40,000 Receivables 104,000 90,000 Inventories 230,000 125,000 Prepaid expenses 25,000 23,000 Land 130,...
May 9, 2010 by Erick

Accounting
Please check my answers. Identify each of the following as either assets, liabilities, or owner's equity. 1. Petty cash- Owner's Equity 2. Mortgage payable- Liabilities 3. Furniture- Assets 4. Owner's Capital- Owner's Equity 5. Food inventory- Assets 6. Profit- Owner's Equity
August 24, 2010 by Jenna

Finance
I need help with the following question. I have already answer question 25 and 26 so I need the following: Text Book Fundamentals of Corporate Finance After you have completed your income statement and balance sheet, compute the following financial ratios for both fiscal years...
March 17, 2013 by Snowflake

Accounting
What is the total stockholders' equity based on the following account balances? Common Stock $450,000 Paid-In Capital in Excess of Par 90,000 Retained Earnings 190,000 Treasury Stock 10,000 Answer A.$740,000 B.$730,000 C.$720,000 D.$640,000
June 8, 2013 by TS

accounting
1)utilities expense, 2)accounts payable, 3)commissions,4)capital, 5)withdrawals.where do they appear? income statement or statement of changes in owner equity or balance sheet.i think #1 is balance sheet #2 is income statement, #3 statement of chnges in owner equity #4 i think...
April 11, 2009 by anonymous

finance (retained earnings)
The retained earnings of the firm belong to A. creditors B. prefered stockholders C. common stockholders D. bondholders retained earnings is a company asset. it is money that the company keeps rather than paying a dividend to the stockholders. I like C for my answer retained ...
July 25, 2008 by Jason

accounting
Lester’s Home Healthcare Services (LHHS) was organized on January 1, 2005, by four friends. Each organizer invested $10,000 in the company and, in turn, was issued 8,000 shares of stock. To date, they are the only stockholders. During the first month (January 2005), the ...
March 8, 2008 by binky

math
if a company's total assets are $510,000 and its total liabilities are $420,000 what is the amount of its stockholders equity?
September 26, 2012 by kiesha

accounting
a tabular analysis of the transactions made during august 2010 by witten company during its first month of operations is shown below each increase and decrease in stockholders' equity is explained.
January 13, 2013 by virginia

ashford
At the beginning of 2012, the Jeater Company had the following balances in its accounts: Cash $4,300 Inventory 9,000 Common Stock 10,000 Retained Earnings 3,300 During 2012, the economy experienced the following events: 1. Purchased inventory that cost $2,200 on account from ...
July 2, 2012 by tammy

Accounting
Greenwood Corporation has paid 60 consecutive quarterly cash dividends (15 years). The last 6 months have been a real cash drain on the company, however, as profit margins have been greatly narrowed by increasing competition. With a cash balance sufficient to meet only day-to-...
May 4, 2011 by Silki

Accounting
I have to prepare a income statement with the following info. I don't understand it. cash 11,360 Accounts Receivable 14,000 office supplies 3,250 land 46,000 office equipment 18,000 accounts payable 8,500 owner investments 84,000 cash withdrawals by owner 2,000 consulting fees...
September 6, 2006 by Dan

accounting
Common stock $1.50 par, 1800 million shares issued.....................$2700 Capital in excess of par..........$8100 Retained Earnings.................$1200 Treasury stock....................$0 Total S. Equity.................$12,000 If million shares of common stock are ...
November 18, 2009 by Krystal

investing
The following account balances relate to the stockholders' equity accounts of Gore Corp. at year-end. 2008 2007 Common stock, 10,500 and 10,000 shares, respectively, for 2008 and 2007 $160,000 $140,000 Preferred stock, 5,000 shares 125,000 125,000 Retained earnings 300,000 260...
June 3, 2010 by Delly

accounting/help please
The two accounts used to adjust the uncollectible accounts are. A) Uncollectible Accounts Expense and Allowance for Uncollectible Accounts. B) Accounts Receivable and Uncollectible Accounts Expense. C)Accounts Receivable and Allowance for Uncollectible Accounts . D)Accounts ...
May 3, 2011 by mike

account/check please
The two accounts used to adjust the uncollectible accounts are. A) Uncollectible Accounts Expense and Allowance for Uncollectible Accounts. B) Accounts Receivable and Uncollectible Accounts Expense. C)Accounts Receivable and Allowance for Uncollectible Accounts D)Accounts ...
May 4, 2011 by mike

account/check please
The two accounts used to adjust the uncollectible accounts are. A) Uncollectible Accounts Expense and Allowance for Uncollectible Accounts. B) Accounts Receivable and Uncollectible Accounts Expense. C)Accounts Receivable and Allowance for Uncollectible Accounts D)Accounts ...
May 4, 2011 by mike

Finance
Calculate the weighted cost of equity for a firm with the following characteristics: (a) Last Dividend--$5.00, (b) Growth Rate—6%, (c) Price of Stock--$125.00 and (d) Weight of Equity Capital—40%
April 27, 2012 by David

Finance
Given the following information: profit margin = 10%; sales = $100; retention ratio = 40%; assets = $200; equity multiplier = 2.0. If the firm maintains a constant debt-equity ratio and no new equity is used, what is the maximum growth rate? (Assume a constant profit margin.)
June 17, 2009 by David

FINANCE
To achieve the benefts from the use of high financial leverage does a company need to generate a higher level of net income or larger amount of stockholders' equity? I think it is net income...
July 27, 2008 by BlueKato

accounting
increases in temporary capital accounts result in an increase or a decrease in owner's equity? true what are you asking? be more spacific
October 3, 2006 by Anonymous

Finance
Item Total assets $10,000,000 Total equity (all common) 9,000,000 Total debt 1,000,000 Annual interest 100,000 Total sales $25,000,000 EBIT 6,250,000 Earnings available for common stockholders 3,690,000 I am trying to find the values for the: (1) Operating profit margin (2) ...
February 12, 2012 by Advice

Finance
Item Total assets $10,000,000 Total equity (all common) 9,000,000 Total debt 1,000,000 Annual interest 100,000 Total sales $25,000,000 EBIT 6,250,000 Earnings available for common stockholders 3,690,000 I am trying to find the values for the: (1) Operating profit margin (2) ...
February 13, 2012 by Advice

Accounting
I am having a technical problem using Simply Accounting 2008 (student version). I am creating my own company and entering the accounts in the Chart of Accounts. However, there is a problem with the drawings account. Most equity accounts have a credit balance, but a drawings ...
May 28, 2010 by Jill

Accounting
I am having a technical problem using Simply Accounting 2008 (student version). I am creating my own company and entering the accounts in the Chart of Accounts. However, there is a problem with the drawings account. Most equity accounts have a credit balance, but a drawings ...
May 28, 2010 by Jill

Accounting/Financing
I am so weak at this new class I started no matter how many times I read my textbook, I cannot understand how to calculate ratios can someone please show me or guide me how to work these problems, I would really appreciate it, thank you please help me.. Compute the following ...
February 25, 2010 by Anna

accounting
The two cases described below are independent of each other. Each case provides the information necessary to prepare the stockholders' equity section of a corporate balance sheet. a. Early in 2007, Wesson Corporation was formed with the issuance of 50,000 shares of capital ...
October 3, 2010 by james

finance
The owners’ equity accounts for Octagon Transnational are as follows: Common Stock [$2 par value] $20,000 Capital Surplus 360,000 Retained Earnings 1,173,000 Total owners’ equity $1,553,000 a. If Octagon’s stock currently sells for $50 per share and Octagon declares a 10% ...
May 5, 2011 by Sara

Accounting
Stockholders’ equity represents the claim of the owners on the assets of the business. What is the distinction relative to the owners’ claim between the Capital Stock account and the Retained Earnings account?
March 24, 2008 by Yvette

consumer math
start with $3,500 in cash and in owner's equity. You sell product purchased for $750 for $1,525.00 You purchase equipment for $500. You pay the rent by check for $450 You receive next month's power bill for $155.00 Cash $_____ Accounts Payable $___ Equipment $ 500.00 Owner's ...
January 30, 2012 by Yelena

Introduction to Accounting
The proprietors of two businesses, L.L. Sams Company and Melinda Garcia Career Services, have sought business loans from you. To decide whether to make the loans, you have requested their balance sheet to view. L.L. Sams Company Balance Sheet August 31, 2004 Assets Cash $9,000...
September 2, 2006 by candy

accounting
Is there a method of determining if you debit or credit an account? How do you know if you should debit or credit a transaction? If it's a balance sheet accout you need to learn (and mrmorize) which side of the equation i't on, and it's normal balance. Assets normally have ...
September 21, 2006 by diana

accounting
John wants to dissolve his business.His balance sheet shows assets with a value of $250,000 in total. Liabilities are shown at 200,000 leaving equity of $50,000 for John.He only expects to get $180,00,000 for his assets when he sells them because some fixed assets are old and ...
March 30, 2010 by Matt

accounting
Les fleurs a boutique in paris france had the following accounts in its accounting records at december 31, 20x2. compute the following for les fleurs during 20x2 net sale cost of goods sold net income balance sheet december 31, 20x2 statement of owners equity december 31, 20x2
December 7, 2009 by Gia

accounting
On the balance sheet under equity there is a line item of undesignated equity under the equity section. What is that? I've never seen that before.
July 22, 2012 by Beverly

accounting
The two accounts used to adjust the uncollectible accounts are. A) Uncollectible Accounts Expense and Allowance for Uncollectible Accounts. B) Accounts Receivable and Uncollectible Accounts Expense. C)Accounts Receivable and Allowance for Uncollectible Accounts D)Accounts ...
May 4, 2011 by mike

Principle of Finance
How do I calculate profit margin with the following data? Total equity - 639,400 Net incoome - 51,700 Debt equity ratio - .55 Total asset turnover - 2 Thanks!
September 20, 2012 by Robson

accounting
7-B1 $ refers to New Zealand dollars. 1. January February March Schedule a: Sales Budget $62000 $70000 $38000 Total sales (100% on credit) Schedule b: Cash Collections Current month's sales 37200 42000 22800 7000 Previous month's sales 7500 18600 21000 3800 Second previous ...
April 17, 2009 by Tina

Finance
Calculate the accounts receivable period, accounts payable period, inventory period, and cash conversion cycle for the following firm: Income statement data: Sales 5,000 Cost of goods sold 4,200 Balance Sheet Data: Beginning of Year End of Year Inventory 500 600 Accounts ...
March 22, 2011 by Kenny

accounting
After the accounts are adjusted and closed at the end of the fiscal year, Accounts Receivable has a balance of $673,400, and Allowance for Doubtful Accounts has a balance of $11,900. Describe how the accounts receivable and the allowance for doubtful accounts are reported on ...
April 27, 2014 by diane

Accounting/Financing
I am so weak at this new class I started no matter how many times I read my textbook, I cannot understand how to calculate ratios can someone please show me or guide me how to work these problems, I would really appreciate it, thank you please help me.. Compute the following ...
February 25, 2010 by Anna

accounting
Exercise 9-13: Accounts receivable turnover L.O. A1 The following information is from the annual financial statements of Lucilla Company. 2009 2008 2007 Net Sales $ 262,000 $ 193,000 $ 245,000 Accounts Receivable, net (year-end) 42,700 40,500 37,200...
April 14, 2010 by bobbie

accounting 2
June 30, 2008/2007 Assets Cash- 34,700/23,500 accounts receivable- 101,600/92,300 inventory- 146,300/142,100 Investment-0/50,000 Land-145,000/0 equipment- 215,000/175,500 accumulated depreciation- (53,400)/(41,300) 2008= 594,000 /2007=442,100 liabilities and stockholders ...
November 19, 2008 by gabrielle

business
I4-1: An inexperienced bookkeeper for the Soggy Ground Construction Company has prepared the following balance sheet. Soggy Ground Construction CompanyBalance SheetFor the Year Ended December 31, xxxx Current Assets Cash $149,500 Accounts receivable (net) 220,000 Inventories ...
June 21, 2010 by shirley

LAccounting
If total assets decreased by $47,000 during a period of time and stockholders' equity increased by $24,000 during the same period, then the amount and direction (increase or decrease) of the period's change in total liabilities is
July 28, 2010 by Anonymous

Account
Which of the following accounts is decreased by a debit entry? a. Accounts Payable b. Cash c. Prepaid Insurance d. Insurance Expense
September 23, 2012 by Anton

Accounting
Which of the following accounts is decreased by a debit entry? Answer a. Accounts Payable b. Cash c. Prepaid Insurance d. Insurance Expense
September 23, 2012 by Anton

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