subject
Business, 20.09.2020 09:01 gabrieljerron

The company has a Supplies account balance of $200 on January 1. During the year, the company purchased $1,500 of supplies. As of December 31, a count revealed that there were $500 of supplies on hand. Write down its necessary adjusting entries.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 10:00
mary's baskets company expects to manufacture and sell 30,000 baskets in 2019 for $5 each. there are 4,000 baskets in beginning finished goods inventory with target ending inventory of 4,000 baskets. the company keeps no work-in-process inventory. what amount of sales revenue will be reported on the 2019 budgeted income statement?
Answers: 2
question
Business, 22.06.2019 10:50
Jen left a job paying $75,000 per year to start her own florist shop in a building she owns. the market value of the building is $120,000. she pays $35,000 per year for flowers and other supplies, and has a bank account that pays 5 percent interest. what is the economic cost of jen's business?
Answers: 3
question
Business, 22.06.2019 17:30
Danielle enjoys working as a certified public accountant (cpa) and assisting small businesses and individuals with managing their finances and taxes. which general area of accounting is her specialty? danielle specialized in
Answers: 1
question
Business, 22.06.2019 19:30
Dollar shave club is an ecommerce start-up that delivers razors to its subscribers by mail. by doing this, dollar shave club is using a(n) to disrupt an existing market.a. innovation ecosystem b. architectural innovation c. business model innovation d. incremental innovation
Answers: 2
You know the right answer?
The company has a Supplies account balance of $200 on January 1. During the year, the company purcha...
Questions
Questions on the website: 13722367