Business, 08.02.2021 18:50 shymitch32
Hoffman, Inc. adjusts its books each month but closes its books at the end of the year. The trial balance at March 31 before adjustments is as follows:
DebitCredit
Cash$11,000
Accounts Receivable9,700
Supplies1,380
Prepaid Insurance3,440
Equipment30,600
Accumulated Depreciation: Equipment $12,240
Unearned Service Revenue 6,900
Capital Stock 5,600
Retained Earnings 23,800
Dividends1,640
Service Revenue Earned 19,590
Salaries Expense8,200
Utilities Expense470
Rent Expense1,700
$68,130$68,130
According to service contracts, $4,890 of the Unearned Service Revenue has been earned in March. The amount of Service Revenue Earned to be reported in the March income statement is:
a. $19,590
b. $24,480
c. $14,700
d. $23,690
Answers: 3
Business, 22.06.2019 09:40
Catherine de bourgh has one child, anne, who is 18 years old at the end of the year. anne lived at home for seven months during the year before leaving home to attend state university for the rest of the year. during the year, anne earned $6,000 while working part time. catherine provided 80 percent of anne's support and anne provided the rest. which of the following statements regarding whether anne is catherine's qualifying child for the current year is correct? a.anne is a qualifying child of catherine.b.anne is not a qualifying child of catherine because she fails the gross income test.c.anne is not a qualifying child of catherine because she fails the residence test.d.anne is not a qualifying child of catherine because she fails the support test.
Answers: 2
Business, 22.06.2019 11:00
When partners own different portions of the business, the terms should be stated clearly in what document? the articles of incorporation the executive summary the business summary the partnership agreement
Answers: 3
Business, 22.06.2019 12:50
Kendrick is leaving his current position at a company, and charlize is taking over. kendrick set up his powerpoint for easy access for himself. charlize needs to work in the program that is easy for her to use. charlize should reset advanced options
Answers: 3
Business, 22.06.2019 15:40
Rachel died in 2014 and her executor is finalizing her estate tax return. the executor has determined that rachel’s adjusted gross estate is $10,120,000 and that her estate is entitled to a charitable deduction in the amount of $500,000. using 2014 rates, calculate the estate tax liability for rachel’s estate.
Answers: 1
Hoffman, Inc. adjusts its books each month but closes its books at the end of the year. The trial ba...
Mathematics, 24.03.2021 19:30
Social Studies, 24.03.2021 19:30
Mathematics, 24.03.2021 19:30
Health, 24.03.2021 19:30
Mathematics, 24.03.2021 19:30
Mathematics, 24.03.2021 19:30
Mathematics, 24.03.2021 19:30
Mathematics, 24.03.2021 19:30
Mathematics, 24.03.2021 19:30
Mathematics, 24.03.2021 19:30
Physics, 24.03.2021 19:30
English, 24.03.2021 19:30