Presented here are liability items for teal mountain inc. at december 31, 2020. accounts payable $321,850 fica taxes payable $15,990 notes payable (due may 1, 2020) 41,000 interest payable 82,000 bonds payable (due 2023) 1,845,000 notes payable (due 2021) 164,000 unearned rent revenue 492,000 income taxes payable 7,175 discount on bonds payable 84,050 sales taxes payable 3,485 prepare the liabilities section of teal mountain's balance sheet.
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Business, 21.06.2019 21:00
Exercise 8-6 goods in transit [lo8-2] the kwok company's inventory balance on december 31, 2016, was $190,000 (based on a 12/31/16 physical count) before considering the following transactions: 1. goods shipped to kwok f.o.b. destination on december 20, 2016, were received on january 4, 2017. the invoice cost was $35,000. 2. goods shipped to kwok f.o.b. shipping point on december 28, 2016, were received on january 5, 2017. the invoice cost was $22,000. 3. goods shipped from kwok to a customer f.o.b. destination on december 27, 2016, were received by the customer on january 3, 2017. the sales price was $45,000 and the merchandise cost $27,000. 4. goods shipped from kwok to a customer f.o.b. destination on december 26, 2016, were received by the customer on december 30, 2016. the sales price was $25,000 and the merchandise cost $18,000. 5. goods shipped from kwok to a customer f.o.b. shipping point on december 28, 2016, were received by the customer on january 4, 2017. the sales price was $30,000 and the merchandise cost $17,000. required: determine the correct inventory amount to be reported in kwok's 2016 balance sheet.
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Business, 22.06.2019 20:00
Double corporation acquired all of the common stock of simple company for
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Business, 22.06.2019 23:50
Keisha took the vark inventory and discovered she prefers to learn mainly through visual and kinesthetic modes. which study strategy would best match these preferences?
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Business, 23.06.2019 02:00
Andrea's opportunity cost rate is 12 percent compounded annually. how much must he deposit in an account today if he wants to receive $2,100 at the beginning of each of the next seven years? use the equation method to determine the amount.
Answers: 3
Presented here are liability items for teal mountain inc. at december 31, 2020. accounts payable $32...
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