Questions LLC
Login
or
Sign Up
Ask a New Question
Categories
Accounting
Questions
1. What are the three types of assets that will be found on a balance sheet?
A.local, national, and international B. land ,
5 answers
asked by
lovely lola
4,197 views
The income tax rate is 30% on current and is payable in the first quarter of 2014. The pretax income before the preceding
4 answers
asked by
Larry
1,705 views
Hess, Inc. sells a single product with a contribution margin of $12 per unit and fixed costs of $74,400 and sales for the
3 answers
asked by
Anonymous
1,083 views
On April 1, 2013, Ringo Company borrowed $20,000 from its bank by using a 9%, 12 month note, with the interest to be paid on the
3 answers
asked by
Larry
890 views
On October 15, 2020, a fire destroyed all the stock of equipment of Eyeliner Equipment Center in its rented stockroom. The
4 answers
asked by
May
1,245 views
Complete the six-column table by entering adjustments that reflect the following information:
a. As of December 31, 2005,
5 answers
asked by
Bonnie
2,308 views
Julie Molony opened Julie's Maids Cleaning Service on July 1, 2010. During July, the company completed the transactions.
July 1
7 answers
asked by
Nichole
2,024 views
The following data relate to direct labor costs for the current period:
Standard costs 6,000 hours at $12.00 Actual costs 7,500
4 answers
asked by
Anonymous
4,080 views
Internal control devices for banking activities include signature cards, deposit tickets, checks, and bank statements.
01.) True
3 answers
asked by
Jessica
1,735 views
DeWeese Corporation issues $400,000 of 8%, 5-year bonds on January 1, 2015, at 105. Assuming that the straight-line method is
3 answers
asked by
Anonymous
2,581 views
Show the effect of each transaction on the individual accounts of the expanded accounting equation: Assets=Liabilities +Owner's
4 answers
asked by
Crystal
2,246 views
How do you find the ratio of time devoted to the business?
2 answers
asked by
Sheila
789 views
Sherman's interiors sells lamps. At March 31, the company had 400 sofas in inventory. The company's policy is to maintain a lamp
3 answers
asked by
Brian
551 views
This is for an accounting course doing adjusting entries..
The rental revenue represents the amount received for 11 months for
3 answers
asked by
Mike
1,460 views
1. Bonds Payable has a balance of $900,000 and Premium on Bonds Payable has a balance of $10,000. If the issuing corporation
3 answers
asked by
Tasha
1,132 views
Nafari Company's sales budget has the following unit sales projection for each quarter of the calendar year 2011.
January -March
3 answers
asked by
sylvia
794 views
The following information is necessary to compute the net assets (stockholders' equity) and book value per share of common stock
3 answers
asked by
kate
1,536 views
O' Hara Company began operations on December 1, 2011. Presented below is selected information related to O' Hara Company at
4 answers
asked by
ummu
1,613 views
CollegePak Company produced and sold 60,000 backpacks during the year just ended at an average price of $20 per unit. Variable
4 answers
asked by
Ty
3,907 views
If fixed costs are $300,000, the unit selling price is $31, and the unit variable costs are $22, what is the break-even sales
4 answers
asked by
Anonymous
3,778 views
Margie Company needs your help to record and summarize its accounting transactions for 2011 and to prepare its financial
0 answers
asked by
Joe kaba
762 views
If not-for-profit GAAP does not address an issue, what other sources of guidance should be used?
Under what circumstances should
3 answers
asked by
Miss Patte
368 views
What is the correct formula for finding the return on assets (ROA)?
ROA = Net Income / Total Assets or ROA = Net Profit / Average
5 answers
asked by
Lyra
986 views
Percent of Sales Method
At the end of the current year, Accounts Receivable has a balance of $4,375,000; Allowance for Doubtful
3 answers
asked by
Div
3,554 views
Adjusting enteries:
1. On august 1st, mr. borg borrowed $30,000 from a local bank on a 15 year mortage. The annual interest rate
1 answer
asked by
Henna
789 views
Why do revenues increase capital while expenses decrease capital?
Because cash is a form of capital.
1 answer
asked by
Laura
541 views
Working capital Management
Indicate how each of the following six different transactions Dynamic mattress might make would would
4 answers
asked by
Neena
810 views
Lock boxes Anne teak, The finanicial manager of the furniture manufactures, is considering operating a lock box system. she
1 answer
asked by
Neena
496 views
1. What is it that the adjustment process actually accomplishes?
2. What would happen to financial statements if the adjustment
1 answer
asked by
Laura
435 views
When you offer services at a discount to specific clients, how do you reflect this discount on the income statement? Is there a
1 answer
asked by
Michelle
458 views
On January 1, 2006, Mythical purchased some office equipment, paying $24,000. It is anticipated that the equipment will last 4
1 answer
asked by
Laura
1,025 views
Solve for trade accounts receivable, allowance for doubtful accounts, and prepare current assets section of balance sheet as of
1 answer
asked by
carreena
567 views
I have to prepare a income statement with the following info. I don't understand it.
cash 11,360 Accounts Receivable 14,000
1 answer
asked by
Dan
586 views
I need help?
The Ritz Manor is a popular seaside resort. A double room costs $220 for one night. In order to reserve a room,
2 answers
asked by
Anastacia
516 views
Patty Piper recently began a swimming pool chlorination service. She visits each of her clients on a weekly basis and applies
1 answer
asked by
Amber
467 views
I need to make a Bond with discount and I do not know how to and where to find the instructions to do so. The part that I'm
1 answer
asked by
Lizmarie
309 views
Please Help I have no idea how to do this!
I have to prepare a adjusting entry for year ended December 31, 2008 A. One third of
1 answer
asked by
Amber
512 views
Les Fleurs, a boutique in Paris, France, had the following accounts in its accounting records at December 31, 20X2 (amounts in
1 answer
asked by
Jessica
418 views
Hi i need help with the following transactions. Right now we are learning about the accrual basis of accounting.
1.Rent Payments
1 answer
asked by
F
384 views
Hi i need help with the following transactions. Right now we are learning about the accrual basis of accounting.
1.Rent Payments
1 answer
asked by
F
421 views
Hi i need help with the following transactions. Right now we are learning about the accrual basis of accounting.
1.Rent Payments
1 answer
asked by
F
448 views
I'll start with the first part of my problem. This is a long assignment since it is a weekend one.
Part 1: Incomplete Comparative
1 answer
asked by
Dave
475 views
For each of the following items, give an example of a business transaction that has the described effect on the accounting
3 answers
asked by
Angel
1,378 views
How can I calculate the net income if I only know the assets total and liabilities total from both the beginning of the year and
1 answer
asked by
Anonymous
420 views
A example of a nonprogrammed decision for a clothing manufacturer is
a. allocating bonuses to employees. b. acquiring a new
1 answer
asked by
Anonymous
406 views
What are my transactions for Paid Freight on April 18 purchase $100?
1 answer
asked by
Erin
298 views
How do I enter the following investment as a compound entry in a general journal? I also don't understand how cash is different
1 answer
asked by
Sherrie
896 views
What would the journal entry be for this transaction?
sent a reminder to Gomez Co to pay the fee for services recorded on
3 answers
asked by
Anonymous
2,141 views
I need help on the freight charges of each transaction, I always get confused when I see the FOB’s.
Presented here are selected
1 answer
asked by
F
477 views
I need help on the freight charges of each transaction, I always get confused when I see the FOB’s.
Presented here are selected
1 answer
asked by
F
562 views
hey could someone plz plz help me. it'll only take a sec....
say if u got a whole lot of transactions for a month, eg u received
1 answer
asked by
Pia
492 views
Here is another question I am having trouble with, please help!!!!
3. The following totals for the month of March were taken from
1 answer
asked by
Angel
424 views
1. The company uses a job-order costing system. How would you recommend that manufacturing overhead cost be assigned to
1 answer
asked by
Chris
538 views
How the heck to I post this?
"Wells purchased 100 shares of Wells Consulting Services stock for $10,000" The only accounts I have
1 answer
asked by
Michalyn
346 views
What represents the financial claim to business assets?
1 answer
asked by
Bryan
383 views
I have to prepare an income statement from the following records. Can someone show me how?
The following selected information is
1 answer
asked by
Ana
413 views
how do i do adjusting entries on a general journal
Thank you for using the Jiskha Homework Help Forum. The following site has
1 answer
asked by
Sherri
468 views
which of the following situations will not cause a deferred income tax amount to be recorded ?
a - expense that is recognized in
1 answer
asked by
ucstudent
732 views
T/F when the current assets of a company such as accounts receivable or inventory increase during the year, the increase
1 answer
asked by
ucstudent
498 views
T/F building and equipment are recorded at cost of acquisition and are subsequently reported at cost less accumulated
1 answer
asked by
ucstudent
405 views
which of the following situations will not cause a deferred income tax amount to be recorded ?
a - expense that is recognized in
1 answer
asked by
ucstudent
1,295 views
T/F when the current assets of a company such as accounts receivable or inventory increase during the year, the increase
1 answer
asked by
ucstudent
388 views
Is unearned revenue included in the income statement?
No, only the balance sheet.
1 answer
asked by
Samantha
397 views
The president of Penman Corporation, John Burton, has asked you, the company’s controller, to advise him on whether Penman
1 answer
asked by
Denise
473 views
Assume that Hickory Company has the following data related to its accounts receivable:
2005 Net Sales $ 1,425,000 Net receivables
1 answer
asked by
Denise
473 views
I need help with a problem involving adjusting entries. It is involving rent expense and prepaid rent.
Here is the information I
1 answer
asked by
Samantha
747 views
Your friend has just come home from their job at a hamburger shop feeling really good because their boss said that they worked
1 answer
asked by
Jayde
521 views
what is accountability and what is its relationship to a) accounting b) an organisation's responsibilities?
thx
1 answer
asked by
Tom
332 views
Can sombody please help. What word can be added to the phrase "Health Care Cost" to make it relate to accounting issues?
I will
1 answer
asked by
Jerremy
482 views
This is in regards to adjusting entries. If I own a hotel and In order to reserve a room you must pay $220.00 in advance, what
1 answer
asked by
Lynn
464 views
Can someone give me good websites detailing the history of the IFRS (International Financial Reporting Standards)? Or just give
1 answer
asked by
RyaN
514 views
Using a perpetual system, how do I determine the FIFO,LIFO, weighted average, and specific identification.
Dec. 7, 10 units @
1 answer
asked by
Lynn
569 views
1. What contitute a Proper book of accounts?
Illustrate your answer by describing the basic books that may be maintained by
1 answer
asked by
Daniel Owusu
504 views
Anybody out there who can help enlighten me with the following problem PLEASE don't hesitate :) TIA..
The Struter Partnership has
2 answers
asked by
Wanthana
915 views
My non-profit company received 4 parcels of land from another affiliated non-profit for "one dollar". I originally booked:
Debit
1 answer
asked by
Michele
394 views
Hello, I need help with this case please:
All Star Cards and Bubble Gum Cards recently formed a New Company “Baseball Trading
1 answer
asked by
Christina
403 views
How would paying out a $2 million cash dividend affect cash and net working capital?
It seems to me that paying out a $2 million
1 answer
asked by
David
906 views
How might borrowing $1 million long-term and investing the proceeds in inventory affect cash and net working capital?
Borrowing
1 answer
asked by
David
382 views
how can you determine what side is a debit and what side is a credit
A debit is an expense that is paid. A credit is income. The
1 answer
asked by
Joyce
403 views
Morley Company issued a $7 million face amount of 10% 10-year bonds on June 1, 2004. The bonds pay interest on an annual basis
1 answer
asked by
Jimm
447 views
The balance sheet caption for common stock is:
1 answer
asked by
Jimm
432 views
What is an example of present value concept?
If you win the lottery, and they tell you will get 20,000 a year for 30 years. What
1 answer
asked by
David
934 views
John Sullivan owns appartments buildings in Nova Scotia, New Brunswick, and Quebec. Each property has a manager who collects
1 answer
asked by
Christine
427 views
Does retained earnings include investment capital?
I thought no. I thought retained earnings is cumulative net income -
3 answers
asked by
AcctStudent
570 views
Dear sir,Hi, My question is related to Accounting, would appreicaite if you could solve my question.
Q. 1
1 answer
asked by
Mazhar
430 views
I need to do a report and compare ratios for a target company against industry averages.
I have calculated the averages for my
1 answer
asked by
AccountingStudent
418 views
I am researching a company for my class. I am supposed to identify the depreciation method in use.
How do I do this? I've
1 answer
asked by
AcctStudent
423 views
How do I entry a provion
Its an Asset ?
1 answer
asked by
Daniel
295 views
Are the stockholders' rights to the assests of a company ranked ahead of the creditors' rights to the assets?
1 answer
asked by
Brittany
284 views
Should the charts for the accounts be the same for each business?
1 answer
asked by
Brittany
254 views
Even when the trial balance is in balance, there may be errors in the individual accounts. True or False?
1 answer
asked by
Brittany
845 views
The materiality concept implies that if an error is large enough or could effect the decisions of its users, a correction is
2 answers
asked by
Brittany
529 views
I am doing some accounting homework and I'm trying to figure out a problem but got confused. It says "You pay cash to rent a
1 answer
asked by
Emily
453 views
On January 1, 2008, Boston Enterprises issues bonds that have a 3,400,000 par value, mature in 20 years, and pay 9% interest
1 answer
asked by
Xavier
1,197 views
How would an auditor go about assessing the quality of an organization’s corporate governance?
2 answers
asked by
stuck
735 views
How does management use an operating budget? How do they use an activity-based budget? What are the similarities and differences
3 answers
asked by
Jackie
525 views
Float Management: Merrill Lynch increased in float by mailing checks drawn on West Coast banks to customers in the east and
1 answer
asked by
Roger
364 views
At December 31, 2007, before any year-end adjustments, Bollis Company's Prepaid Insurance account had a balance of $2,700. It
1 answer
asked by
jimmy
509 views
At the end of its first year, the trial balance of Riko Company shows Equipment $20,590 and zero balances in Accumulated
3 answers
asked by
jimmy
1,153 views
How would I record this on the "Journal Entry" and at what amount?
Information for Year-End Adjusting Journal Entries December
1 answer
asked by
Maly
499 views
Pages
1
2
3
4
5
6
7
8
9
10