Business, 29.03.2021 16:00 leshayellis1591
An adjusted trial balance for a sole proprietorship is given below. There were no new capital contributions during the year. Debit Credit Cash Accounts Receivable Prepaid Rent Merchandise Inventory Accounts Payable Salaries Payable Notes Payable Lorenzo, Capital Lorenzo, Withdrawals Sales Revenue Cost of Goods Sold Salaries Expense Rent Expense Selling Expense Supplies Expense Total What will be the final balance in the company's Lorenzo, Capital account after recording the closing entries?
Answers: 2
Business, 22.06.2019 12:10
The following transactions occur for badger biking company during the month of june: a. provide services to customers on account for $32,000. b. receive cash of $24,000 from customers in (a) above. c. purchase bike equipment by signing a note with the bank for $17,000. d. pay utilities of $3,200 for the current month. analyze each transaction and indicate the amount of increases and decreases in the accounting equation. (decreases to account classifications should be entered as a negative.)
Answers: 1
Business, 22.06.2019 12:30
Acorporation a. can use different depreciation methods for tax and financial reporting purposes b. must use the straight - line depreciation method for tax purposes and double declining depreciation method financial reporting purposes c. must use different depreciation method for tax purposes, but strictly mandated depreciation methods for financial reporting purposes d. can use straight- line depreciation method for tax purposes and macrs depreciation method financial reporting purposes
Answers: 2
Business, 22.06.2019 19:10
Ancho corp. is an automobile company whose core competency lies in manufacturing petrol- and diesel- based cars. the company realizes that more of its potential customers are switching to electric cars. the r& d department of the company acquires competencies in developing electric cars and launches its first hybrid car, which uses both gas and electricity. in this scenario, ancho is primarilya. leveraging new core competencies to improve current market position. b. redeploying existing core competencies to compete in future markets. c. unlearning existing core competencies to create and compete in markets of the future. d. building new core competencies to protect and extend current market position
Answers: 3
Business, 22.06.2019 20:00
An arithmetic progression involves the addition of the same quantity to each number.which might represent the arithmetic growth of agricultural production
Answers: 3
An adjusted trial balance for a sole proprietorship is given below. There were no new capital contri...
Mathematics, 14.04.2020 15:56
Social Studies, 14.04.2020 15:56
History, 14.04.2020 15:56
Mathematics, 14.04.2020 15:56
Computers and Technology, 14.04.2020 15:56
Arts, 14.04.2020 15:56