Business, 04.10.2020 20:01 BreadOfTheBear
. Cash received from a customer on account was debited for $570, and Accounts Receivable was credited for the same amount. The actual collection was for $750. 2. The purchase of a computer printer on account for $857 was recorded as a debit to Supplies for $857 and a credit to Accounts Payable for $857. 3. Services were performed on account for a client for $890. Accounts Receivable was debited for $890 and Service Revenue was credited for $89. 4. A payment of $65 for telephone charges was recorded as a debit to Office Expense for $65 and a debit to Cash for $65. 5. When the Unearned Service Revenue account was reviewed, it was found that service revenue amounting to $682 was performed prior to June 30 (related to Unearned Service Revenue). 6. A debit posting to Salaries and Wages Expense of $1,027 was omitted. 7. A payment on account for $206 was credited to Cash for $206 and credited to Accounts Payable for $260. 8. A dividend of $932 was debited to Salaries and Wages Expense for $932 and credited to Cash for $932. Prepare a correct trial balance.
Answers: 3
Business, 22.06.2019 05:30
The struter partnership has total partners’ equity of $510,000, which is made up of main, capital, $400,000, and frist, capital, $110,000. the partners share net income and loss in a ratio of 80% to main and 20% to frist. on november 1, adison is admitted to the partnership and given a 15% interest in equity and a 15% share in any income and loss. prepare journal entries to record the admission of adison for a 15% interest in the equity and a 15% share in any income and loss under the following independent assumptions. (1) record the admission of adison with an investment of $90,000 for a 15% interest in the equity and a 15% share in any income and loss. (2) record the admission of adison with an investment of $120,000 for a 15% interest in the equity and a 15% share in any income and loss. (3) record the admission of adison with an investment of $80,000 for a 15% interest in the equity and a 15% share in any income and loss.
Answers: 1
Business, 23.06.2019 01:00
Weekly sales at nancy's restaurant total $ 84,000. labor required is 420 hours at a cost of $21,000. raw materials used amount to $40,000. what is the partial measure of productivity for labor hours?
Answers: 1
Business, 23.06.2019 11:30
2. how has taobao created economic opportunities for chinese entrepreneurs that were inaccessible to them before?
Answers: 1
. Cash received from a customer on account was debited for $570, and Accounts Receivable was credite...
English, 16.11.2020 06:00
Spanish, 16.11.2020 06:00
Mathematics, 16.11.2020 06:00
Social Studies, 16.11.2020 06:00
English, 16.11.2020 06:00
Mathematics, 16.11.2020 06:00
Mathematics, 16.11.2020 06:00
English, 16.11.2020 06:00
English, 16.11.2020 06:00