subject
Business, 05.09.2019 17:30 sosick90501

If a fee of $2,850 earned from a client was debited to accounts receivable for $2,580 and credited to fees earned for $2,850, which of the following statements would be true? (a) the credit total of the trial balance would be higher by $270.(b) the debit total of the trial balance would be higher by $270.(c) the wrong account is credited(d) the trial balance total would be equal

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 06:00
List three careers that require knowledge of science. list three careers that require the use of of math. list three careers that require the use of foreign language. list three careers that require the use of good writing skills. list three careers that require the use of good computer skills.
Answers: 3
question
Business, 22.06.2019 11:30
Margaret company reported the following information for the current year: net sales $3,000,000 purchases $1,957,000 beginning inventory $245,000 ending inventory $115,000 cost of goods sold 65% of sales industry averages available are: inventory turnover 5.29 gross profit percentage 28% how do the inventory turnover and gross profit percentage for margaret company compare to the industry averages for the same ratios? (round inventory turnover to two decimal places. round gross profit percentage to the nearest percent.)
Answers: 2
question
Business, 22.06.2019 19:30
He moto hotel opened for business on may 1, 2017. here is its trial balance before adjustment on may 31. moto hotel trial balance may 31, 2017 debit credit cash $ 2,283 supplies 2,600 prepaid insurance 1,800 land 14,783 buildings 72,400 equipment 16,800 accounts payable $ 4,483 unearned rent revenue 3,300 mortgage payable 38,400 common stock 59,783 rent revenue 9,000 salaries and wages expense 3,000 utilities expense 800 advertising expense 500 $114,966 $114,966 other data: 1. insurance expires at the rate of $360 per month. 2. a count of supplies shows $1,050 of unused supplies on may 31. 3. (a) annual depreciation is $2,760 on the building. (b) annual depreciation is $2,160 on equipment. 4. the mortgage interest rate is 5%. (the mortgage was taken out on may 1.) 5. unearned rent of $2,580 has been earned. 6. salaries of $810 are accrued and unpaid at may 31
Answers: 2
question
Business, 23.06.2019 16:30
Witch type of group discussion requires a lot of active participation from the audience?
Answers: 2
You know the right answer?
If a fee of $2,850 earned from a client was debited to accounts receivable for $2,580 and credited t...
Questions
question
English, 01.09.2021 19:10
question
Business, 01.09.2021 19:10
question
Mathematics, 01.09.2021 19:10
question
Mathematics, 01.09.2021 19:10
question
Mathematics, 01.09.2021 19:10
Questions on the website: 13722361