subject
Business, 21.09.2021 19:10 deena7

During January 2020, the first month of operations, a consulting firm had the following transactions: Issued common stock to owners in exchange for $24,000 cash. Purchased $6,000 of equipment, paying $1,200 cash and signing a promissory note for $4,800. Received $10,800 in cash for consulting services performed in January. Purchased $1,800 of supplies on account; all of the supplies were used in January. Provided consulting services on account in the amount of $19,200. Paid $900 on account. Paid $3,600 to employees for work performed during January. Received a bill for utilities for January of $4,100; the bill remains unpaid. What are the total expenses that will be reported on the income statement for the month ended January 31

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 21:00
Identify the management, organization, and technology factors responsible for slow adoption rates of internal corporate social networks.when a company decides to launch a social networking program the management, all need to be on board with the launch. from the ceo down to the shift or assistant manager everyone needs to know its coming and be excited. the organization of such a launch needs to be mapped out, and training provided for the new systems. within the company, they need to make sure the technology at hand (computers, tablets, and company phones), are all compatible with the system. when a company launches a new system, and the find that the employees are not adopting it, they need to investigate the reasons. is the management at all level's onboard? did we organize the launch properly? do we have the right technology for the system? things can goeither way but if
Answers: 2
question
Business, 22.06.2019 03:00
Match each item to check for while reconciling a bank account with the document to which it relates. (there's not just one answer) 1. balancing account statement 2. balancing check register a. nsf fees b. deposits in transit c. interest earned d. bank errors
Answers: 3
question
Business, 22.06.2019 05:30
Laurelton heating & cooling installs and services commercial heating and cooling systems. laurelton uses job costing to calculate the cost of its jobs. overhead is allocated to each job based on the number of direct labor hours spent on that job. at the beginning of the current year, laurelton estimated that its overhead for the coming year would be $ 61 comma 500. it also anticipated using 4 comma 100 direct labor hours for the year. in april comma laurelton started and completed the following two jobs: (click the icon to view the jobs.) laurelton paid a $ 20-per-hour wage rate to the employees who worked on these two jobs. read the requirements requirement 1. what is laurelton's predetermined overhead rate based on direct labor hours? determine the formula to calculate laurelton's predetermined overhead rate based on direct labor hours, then calculate the rate. / = predetermined overhead rate
Answers: 2
question
Business, 22.06.2019 23:00
Acollege registrar's office requires you to first visit with one of three advisors and then with one of two financial professionals. this system best described as which of the following? a. single server, single phase systemb. multiple server multiphase systemc. multiple server, cross phase systemd. single server, multiphase systeme. multiple server, single phase system
Answers: 2
You know the right answer?
During January 2020, the first month of operations, a consulting firm had the following transactions...
Questions
question
Chemistry, 02.04.2020 05:49
question
Mathematics, 02.04.2020 05:49
question
Mathematics, 02.04.2020 05:50
question
Geography, 02.04.2020 05:51
Questions on the website: 13722360