Business, 10.12.2019 03:31 GreenHerbz206
Below are three independent and unrelated errors. on december 31, 2017, wolfe-bache corporation failed to accrue office supplies expense of $1,400. in january 2018, when it received the bill from its supplier, wolfe-bache made the following entry: office supplies expense 1,400 cash 1,400 on the last day of 2017, midwest importers received a $82,000 prepayment from a tenant for 2018 rent of a building. midwest recorded the receipt as rent revenue. at the end of 2017, dinkins-lowery corporation failed to accrue interest of $7,200 on a note receivable. at the beginning of 2018, when the company received the cash, it was recorded as interest revenue.
required: for each error: 1. what would be the effect of each error on the income statement and the balance sheet in the 2017 financial statements
Answers: 2
Business, 22.06.2019 10:00
In a small group, members have taken on the task roles of information giver, critic/analyzer, and recorder, and the maintenance roles of gatekeeper and follower. they need to fulfill one more role. which of the following would be most effective for their group dynamics? a dominator b coordinator c opinion seeker d harmonizer
Answers: 1
Business, 22.06.2019 11:40
In each of the following, what happens to the unemployment rate? does the unemployment rate give an accurate impression of what’s happening in the labor market? a.esther lost her job and begins looking for a new one.b.sam, a steelworker who has been out of work since his mill closed last year, becomes discouraged and gives up looking for work.c.dan, the sole earner in his family of 5, just lost his $90,000 job as a research scientist. immediately, he takes a part-time job at starbucks until he can find another job in his field.
Answers: 2
Business, 22.06.2019 12:20
Over the past decade, brands that were once available only to the wealthy have created more affordable product extensions, giving a far broader range of consumers a taste of the good life. jaguar, for instance, launched its x-type sedan, which starts at $30,000 and is meant for the "almost rich" consumer who aspires to live in luxury. by marketing to people who desire a luxurious lifestyle, jaguar is using:
Answers: 3
Business, 22.06.2019 13:50
The retained earnings account has a credit balance of $24,650 before closing entries are made. if total revenues for the period are $77,700, total expenses are $56,900, and dividends are $13,050, what is the ending balance in the retained earnings account after all closing entries are made?
Answers: 2
Below are three independent and unrelated errors. on december 31, 2017, wolfe-bache corporation fail...
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