Business, 18.12.2019 20:31 kragland4752
Presented below are the ending balances of accounts for the kansas instruments corporation at december 31, 2021. account title debits credits cash $ 38,000 accounts receivable 166,000 raw materials 42,000 notes receivable 118,000 interest receivable 21,000 interest payable $ 23,000 investment in debt securities 50,000 land 68,000 buildings 1,660,000 accumulated depreciation—buildings 638,000 work in process 60,000 finished goods 107,000 equipment 336,000 accumulated depreciation—equipment 148,000 patent (net) 138,000 prepaid rent (for the next two years) 78,000 deferred revenue 54,000 accounts payable 198,000 notes payable 580,000 restricted cash (for payment of notes payable) 98,000 allowance for uncollectible accounts 31,000 sales revenue 1,160,000 cost of goods sold 468,000 rent expense 46,000 additional information: the notes receivable, along with any accrued interest, are due on november 22, 2022. the notes payable are due in 2025. interest is payable annually. the investment in debt securities consist of treasury bills, all of which mature next year. deferred revenue will be recognized as revenue equally over the next two years.
Answers: 2
Business, 22.06.2019 07:30
Which two of the following are benefits of consumer programs
Answers: 1
Business, 22.06.2019 10:50
Choose the statement that is incorrect. a. search activity occurs only in markets where there is a shortage. b. when a price is regulated and there is a shortage, search activity increases. c. the time spent looking for someone with whom to do business is called search activity. d. the opportunity cost of a good is equal to its price plus the value of the search time spent finding the good.
Answers: 3
Business, 22.06.2019 11:10
Use the following account numbers and corresponding account titles to answer the following question. account no. account title (1) cash (2) merchandise inventory (3) cost of goods sold (4) transportation-out (5) dividends (6) common stock (7) selling expense (8) loss on the sale of land (9) sales which accounts would appear on the income statement?
Answers: 3
Business, 22.06.2019 22:30
When the price is the equilibrium price, we would expect there to be a causing the market to put pressure on the price until it went back to the equilibrium price. a. above; surplus; upward b. above; shortage; downward c. below; surplus; upward d. below; shortage; downward e. above; surplus; downward?
Answers: 2
Presented below are the ending balances of accounts for the kansas instruments corporation at decemb...
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