subject
Business, 20.12.2019 01:31 angelesramos112

Use the adjusted trial balance for stockton company to answer the question that follow. stockton company adjusted trial balance december 31 account no. debit balances credit balances cash 11 6,530 accounts receivable 12 2,100 prepaid expenses 13 700 equipment 18 13,700 accumulated depreciation 19 1,100 accounts payable 21 1,900 notes payable 22 4,300 bob steely, capital 31 12,940 bob steely, drawing 32 790 fees earned 41 9,250 wages expense 51 2,500 rent expense 52 1,960 utilities expense 53 775 depreciation expense 54 250 miscellaneous expense 59 185 totals 29,490 29,490 use the adjusted trial balance for stockton company. determine the total liabilities for the period. a. $20,240 b. $6,200 c. $4,300 d. $1,900

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 01:30
Someone knows the answer i need in the exam
Answers: 2
question
Business, 22.06.2019 17:40
Turrubiates corporation makes a product that uses a material with the following standards standard quantity 8.0 liters per unit standard price $2.50 per liter standard cost $20.00 per unit the company budgeted for production of 3,800 units in april, but actual production was 3,900 units. the company used 32,000 liters of direct material to produce this output. the company purchased 20,100 liters of the direct material at $2.6 per liter. the direct materials purchases variance is computed when the materials are purchased. the materials quantity variance for april is:
Answers: 1
question
Business, 22.06.2019 20:10
Mikkelson corporation's stock had a required return of 12.50% last year, when the risk-free rate was 3% and the market risk premium was 4.75%. then an increase in investor risk aversion caused the market risk premium to rise by 2%. the risk-free rate and the firm's beta remain unchanged. what is the company's new required rate of return? (hint: first calculate the beta, then find the required return.) do not round your intermediate calculations.
Answers: 2
question
Business, 22.06.2019 20:10
Quick computing currently sells 12 million computer chips each year at a price of $19 per chip. it is about to introduce a new chip, and it forecasts annual sales of 22 million of these improved chips at a price of $24 each. however, demand for the old chip will decrease, and sales of the old chip are expected to fall to 6 million per year. the old chips cost $10 each to manufacture, and the new ones will cost $14 each. what is the proper cash flow to use to evaluate the present value of the introduction of the new chip? (enter your answer in millions.)
Answers: 1
You know the right answer?
Use the adjusted trial balance for stockton company to answer the question that follow. stockton com...
Questions
question
Mathematics, 30.07.2019 18:00
question
Social Studies, 30.07.2019 18:00
Questions on the website: 13722360