subject
Business, 10.10.2019 03:00 ira51

Mint cleaning inc. prepared the following unadjusted trial balance at the end of its second year of operations ending december 31. (assume amounts are reported in thousands of dollars.) account titles debit credit cash $ 52 accounts receivable 14 prepaid insurance 9 equipment 108 accumulated depreciation $ 0 accounts payable 14 common stock 104 retained earnings 17 sales revenue 112 insurance expense 0 salaries and wages expense 24 supplies expense 40 totals $ 247 $ 247 other data not yet recorded at december 31: insurance expired during the year, $7. depreciation expense for the year, $6. salaries and wages payable, $9. income tax expense, $11. by what amount would net income have been understated or overstated had the adjusting journal entries not been recorded? (enter your answers in thousands of dollars.)

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 23:50
Juan has a retail business selling skateboard supplies he maintains large stockpiles of every item he sells in a warehouse on the outskirts of town he keeps finding that he has to reorder certain supplies all the time but others only once a year how can he solve this problem?
Answers: 1
question
Business, 22.06.2019 02:00
Ineed : ): will mark brainliest! describe sinek's golden circle. what does he use this for? sinek argues that "people don't buy 'what' you do; people buy 'why' you do it." what does he mean by this? do you agree or disagree with him? why? what are the advantages of hiring people who share the same beliefs and visions in terms of the company's 'why' or purpose? why wasn't tivo successful as a company? what is the difference between leaders and those who lead? how does safety contribute to trust and cooperation? what are some ways that leaders can make the company environment safe? what are the advantages of companies where employees feel safe and protected?
Answers: 2
question
Business, 22.06.2019 02:30
Sweeten company had no jobs in progress at the beginning of march and no beginning inventories. the company has two manufacturing departments--molding and fabrication. it started, completed, and sold only two jobs during march—job p and job q. the following additional information is available for the company as a whole and for jobs p and q (all data and questions relate to the month of march): molding fabrication total estimated total machine-hours used 2,500 1,500 4,000 estimated total fixed manufacturing overhead $ 10,000 $ 15,000 $ 25,000 estimated variable manufacturing overhead per machine-hour $ 1.40 $ 2.20 job p job q direct materials $ 13,000 $ 8,000 direct labor cost $ 21,000 $ 7,500 actual machine-hours used: molding 1,700 800 fabrication 600 900 total 2,300 1,700 sweeten company had no underapplied or overapplied manufacturing overhead costs during the month. required: for questions 1-8, assume that sweeten company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. for questions 9-15, assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments. 1. what was the company’s plantwide predetermined overhead rate? (round your answer to 2 decimal places.) next
Answers: 2
question
Business, 22.06.2019 10:30
Which maxim is being neglected in the following conversation? eli: how did you do at the track meet? caleb: i came in second place! eli: congratulations! what was your time? caleb: six minutes, four seconds. the guy who won only beat me by three seconds. eli: really? katie said the winning time was under 6 minutes. caleb: oh, well, he might have beat me by five seconds. a)maxim of quantity b)maxim of quality c)maxim of relevance d)maxim of manner
Answers: 1
You know the right answer?
Mint cleaning inc. prepared the following unadjusted trial balance at the end of its second year of...
Questions
question
Mathematics, 16.03.2020 20:53
question
English, 16.03.2020 20:53
question
Physics, 16.03.2020 20:53
question
Mathematics, 16.03.2020 20:53
question
Social Studies, 16.03.2020 20:53
Questions on the website: 13722363