Business, 14.06.2020 01:57 raven1619

Transactions Concrete Consulting Co. has the following accounts in its ledger: Cash; Accounts Receivable; Supplies; Office Equipment; Accounts Payable; Jason Payne, Capital; Jason Payne, Drawing; Fees Earned; Rent Expense; Advertising Expense; Utilities Expense; Miscellaneous Expense. Oct. 1. Paid rent for the month, $4,200. 3. Paid advertising expense, $2,670. 5. Paid cash for supplies, $1,150. 6. Purchased office equipment on account, $17,600. 10. Received cash from customers on account, $5,730. 15. Paid creditors on account, $1,680. 27. Paid cash for miscellaneous expenses, $730. 30. Paid telephone bill (utility expense) for the month, $270. 31. Fees earned and billed to customers for the month, $38,200. 31. Paid electricity bill (utility expense) for the month, $460. 31. Withdrew cash for personal use, $2,900. Journalize the selected transactions for October 2019. 2019 Oct. 1 2019 Oct. 3 2019 Oct. 5 2019 Oct. 6 2019 Oct. 10 2019 Oct. 15 2019 Oct. 27 2019 Oct. 30 Oct. 31: Fees earned Oct. 31: Paid bill Oct. 31: Withdrawal

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 23:30

Rate of return douglas keel, a financial analyst for orange industries, wishes to estimate the rate of return for two similar-risk investments, x and y. douglas's research indicates that the immediate past returns will serve as reasonable estimates of future returns. a year earlier, investment x had a market value of $27 comma 000; and investment y had a market value of $46 comma 000. during the year, investment x generated cash flow of $2 comma 025 and investment y generated cash flow of $ 6 comma 770. the current market values of investments x and y are $28 comma 582 and $46 comma 000, respectively. a. calculate the expected rate of return on investments x and y using the most recent year's data. b. assuming that the two investments are equally risky, which one should douglas recommend? why?

Answers: 1

Answer

Business, 22.06.2019 23:40

Martha is one producer in the perfectly competitive jelly industry. last year, martha and all of her competitors found themselves earning economic profits. if there is free entry and exit, what do you expect to happen to the number of suppliers in the industry and the price of jelly? the number of suppliers will increase, and the price of jelly will fall. the number of suppliers will decrease, and the price of jelly will increase. the number of suppliers will increase, and the price of jelly will increase. the number of suppliers will decrease, and the price of jelly will fall.

Answers: 3

Answer

Business, 23.06.2019 00:00

Which of the following statements is correct? a major disadvantage of a partnership relative to a corporation is the fact that federal income taxes must be paid by the partners rather than by the firm itself. in a typical partnership, liability for other partners’ misdeeds is limited to the amount of a particular partner’s investment in the business.true in a limited partnership, the limited partners have voting control, while the general partner has operating control over the business, and the limited partners are individually responsible, on a pro rata basis, for the firm’s debts in the event of bankruptcy. partnerships have more difficulty attracting large amounts of capital than corporations because of such factors as unlimited liability, the need to reorganize when a partner dies, and the illiquidity of partnership interests.

Answers: 1

Answer

Business, 23.06.2019 10:40

Command is: a. the ability to control information exchange within and across organizations involved in an incident. b. assumed by the individual who is the highest-ranking person on the scene regardless of experience or training level. c. based on the number of individuals or resources that one supervisor can manage effectively during an incident. d. directing, ordering, or controlling by virtue of explicit statutory, regulatory, or delegated authority.

Answers: 1

Answer

You know the right answer?

Transactions Concrete Consulting Co. has the following accounts in its ledger: Cash; Accounts Receiv...

Questions