subject
Business, 10.10.2019 16:30 star6097

Prepare the adjusting journal entries for the following transactions. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)

(1) supplies for office use were purchased during the year for $840, of which $270 remained on hand (unused) at year-end.
(2) interest of $420 on a note receivable was earned at year-end, although collection of the interest is not due until the following year.
(3) at year-end, salaries and wages payable of $5,300 had not been recorded or paid.
(4) at year-end, one-half of a $3,700 advertising project had been completed for a client, but nothing had been billed or collected.
(5) redeemed a gift card for $770 of services.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 08:00
At a student café, there are equal numbers of two types of customers with the following values. the café owner cannot distinguish between the two types of students because many students without early classes arrive early anyway (i.e., she cannot price-discriminate). students with early classes students without early classes coffee 70 60 banana 51 101 the marginal cost of coffee is 10 and the marginal cost of a banana is 40. the café owner is considering three pricing strategies: 1. mixed bundling: price bundle of coffee and a banana for 161, or just a coffee for 70. 2. price separately: offer coffee at 60, price a banana at 101. 3. bundle only: coffee and a banana for 121. do not offer goods separately. assume that if the price of an item or bundle is no more than exactly equal to a student's willingness to pay, then the student will purchase the item or bundle. for simplicity, assume there is just one student with an early class, and one student without an early class. price strategy revenue from pricing strategy cost from pricing strategy profit from pricing strategy 1. mixed bundling $ $ $ 2. price separately $ $ $ 3. bundle only $ $ $ pricing strategy yields the highest profit for the café owner.
Answers: 1
question
Business, 22.06.2019 14:10
Location test: question 1 of 54)water is a solvent because itoa. is made of moleculesob. dissolves many substancesc. is a saltd. has a large buffering capacity
Answers: 1
question
Business, 22.06.2019 15:20
Abank has $132,000 in excess reserves and the required reserve ratio is 11 percent. this means the bank could have in checkable deposit liabilities and in (total) reserves.
Answers: 3
question
Business, 22.06.2019 19:40
Banana computers has decided to procure processing chips required for its laptops from external suppliers instead of manufacturing them in their own facilities. how will this decision affect the firm? a. the firm will be protected against the principal-agent problem. b. the firm's administrative costs will be low because of necessary bureaucracy. c. the firm will have more flexibility in purchasing and comparing prices of goods and services. d. the firm will have high-powered incentives, such as hourly wages and salaries.
Answers: 3
You know the right answer?
Prepare the adjusting journal entries for the following transactions. (if no entry is required for a...
Questions
question
Advanced Placement (AP), 15.11.2019 19:31
question
Mathematics, 15.11.2019 19:31
question
Mathematics, 15.11.2019 19:31
Questions on the website: 13722361