subject
Business, 25.06.2019 15:20 Sushmitarai9416

Account title dr. cr. cash $ 23,000 accounts receivable 16,000 prepaid insurance 6,600 equipment 100,000 accumulated depreciation—equipment $ 50,000 land 95,000 accounts payable 17,000 interest payable 2,400 unearned revenue 5,000 long-term notes payable 30,000 retained earnings 136,200 totals $ 240,600 $ 240,600.calculate net profit or net loss.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 21:00
Balance sheet the assets of dallas & associates consist entirely of current assets and net plant and equipment. the firm has total assets of $2 5 million and net plant and equipment equals $2 million. it has notes payable of $150,000, long-term debt of $750,000, and total common equity of $1 5 million. the firm does have accounts payable and accruals on its balance sheet. the firm only finances with debt and common equity, so it has no preferred stock on its balance sheet. a. what is the company's total debt? b. what is the amount of total liabilities and equity that appears on the firm's balance sheet? c. what is the balance of current assets on the firm's balance sheet? d. what is the balance of current liabilities on the firm's balance sheet? e. what is the amount of accounts payable and accruals on its balance sheet? [hint: consider this as a single line item on the firm's balance sheet.] f. what is the firm's net working capital? g. what is the firm's net operating working capital? h. what is the explanation for the difference in your answers to parts f and g?
Answers: 1
question
Business, 22.06.2019 13:30
How does hipaa address employee’s access to e-phi?
Answers: 1
question
Business, 22.06.2019 14:30
You hear your supervisor tell another supervisor that a fire drill will take place later today when the fire alarm sounds that afternoon you should
Answers: 1
question
Business, 22.06.2019 19:20
Why is following an unrelated diversification strategy especially advantageous in an emerging economy? a. it allows the conglomerate to overcome institutional weaknesses in emerging economies. b. it allows the conglomerate to form a monopoly in emerging economies. c. it allows the conglomerate to use well-defined legal systems in emerging economies. d. it allows the conglomerate to take advantage of strong capital markets in emerging economies.
Answers: 1
You know the right answer?
Account title dr. cr. cash $ 23,000 accounts receivable 16,000 prepaid insurance 6,600 equipment 100...
Questions
question
Biology, 26.05.2021 01:00
Questions on the website: 13722359