Business, 12.11.2019 22:31 tjeffers90028

1) present, in journal form, the adjustments that would be made on july 31, 2018, the end of the fiscal year, for each of the following. a. the supplies inventory on august 1, 2017 was $9,350. supplies costing $24,150 were acquired during the year and charged to the supplies inventory. a count on july 31, 2018 indicated supplies on hand of $8,810. b. on april 30, a ten-month, 6% note for $30,000 was received from a customer. c. on may 1, $20,000 was collected as rent for one year and a nominal (temporary) account was credited. answer (6 points):

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 01:00

Azster inc. recorded sales revenue for the year that ended december 31, 2014 as $67,000. interest revenue of $5,300 and expenses of $14,000 were also recorded for the same period. what is aster’s net profit or loss?

Answers: 3

Answer

Business, 22.06.2019 07:30

When selecting a savings account, you should look at the following factors except annual percentage yield (apy) fees minimum balance interest thresholds taxes paid on the interest variable interest rates

Answers: 1

Answer

Business, 22.06.2019 11:00

The following transactions occurred during july: received $1,000 cash for services provided to a customer during july. received $4,000 cash investment from bob johnson, the owner of the business received $850 from a customer in partial payment of his account receivable which arose from sales in june. provided services to a customer on credit, $475. borrowed $7,000 from the bank by signing a promissory note. received $1,350 cash from a customer for services to be rendered next year. what was the amount of revenue for july?

Answers: 1

Answer

Business, 22.06.2019 11:50

After graduation, you plan to work for dynamo corporation for 12 years and then start your own business. you expect to save and deposit $7,500 a year for the first 6 years (t = 1 through t = 6) and $15,000 annually for the following 6 years (t = 7 through t = 12). the first deposit will be made a year from today. in addition, your grandfather just gave you a $32,500 graduation gift which you will deposit immediately (t = 0). if the account earns 9% compounded annually, how much will you have when you start your business 12 years from now?

Answers: 1

Answer

You know the right answer?

1) present, in journal form, the adjustments that would be made on july 31, 2018, the end of the fis...

Questions