subject
Business, 03.09.2019 16:10 kodak0531

Determine the missing amounts in each of the following four independent scenarios: a. x co. had a $4,700 beginning balance in accounts payable on january 1, year 8. during year 8, the company incurred $67,600 of operating expenses on account and paid $68,900 cash to settle accounts payable. based on this information alone, determine the amount of the ending balance in accounts payable. b. x co. had a $5,300 ending balance in accounts payable on december 31, year 8. during year 8, the company incurred $66,400 of operating expenses on account and paid $64,100 cash to settle accounts payable. based on this information alone, determine the amount of the beginning balance in accounts payable. c. x co. had a $4,100 beginning balance in accounts payable on january 1, year 8. during year 8, the company incurred $67,600 of operating expenses on account. the ending balance in accounts payable was $4,800. based on this information alone, determine the amount of cash paid to settle accounts payable. d. x co. had a $7,700 beginning balance in accounts payable on january 1, year 8. during year 8, the company paid $77,300 cash to settle accounts payable. the ending balance in accounts payable was $9,800. based on this information alone, determine the amount of expenses incurred on account.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 23:00
Which of the following statements about the relationship between economic costs and accounting costs is true? multiple choice accounting costs are equal to or greater than economic costs. accounting costs must always equal economic costs. accounting costs are always greater than economic costs. accounting costs are always less than or equal to economic costs.
Answers: 2
question
Business, 22.06.2019 00:50
Hanna intends to give her granddaughter, melodee, her antique hat pin. this heirloom has been kept under lock and key in the wall vault in the library of hanna's house in virginia. the hat pin is currently the only item in the vault. when hanna is visiting melodee in connecticut, hanna gives melodee the only key to the vault. melodee is grateful for the present and excitedly accepts. in this situation has there been a completed gift?
Answers: 3
question
Business, 22.06.2019 12:00
Simon, aged 10, is invited to a classmate's birthday party at an exclusive ski resort on march 15th. the day will include 4 hours of snowboarding, lunch and birthday cake. simon's mother checks a box on the invitation that says "yes, we will attend" and returns it to the classmate's address. unfortunately, they later don't attend the party when simon comes down with the flu. on march 17th, simon's mother receives an invoice in the mail from simon's classmate for $35 that says, "party no-show fee." can simon's classmate collect the fee?
Answers: 3
question
Business, 22.06.2019 23:50
In june, one of the processinthe assembly department started the month with 25,000 units in its beginning work in process inventory. an additional 310,000 units were transferred in from the prior department during the month to begin processing in the assembly department. there were 30,000 units completed and transferred to the next processing department during the month. how many units the assembly department started the month with 25,000 units in its beginning work in process inventory. an additional 310,000 units were transferred in from the prior department during the month to begin processing in the assembly department. there were 30,000 units completed and transferred to the next processing department during the month. how many units were in its ending work in process inventory
Answers: 2
You know the right answer?
Determine the missing amounts in each of the following four independent scenarios: a. x co. had a $...
Questions
question
French, 10.09.2020 21:01
question
Mathematics, 10.09.2020 21:01
question
Mathematics, 10.09.2020 21:01
question
Mathematics, 10.09.2020 21:01
question
Mathematics, 10.09.2020 21:01
question
Mathematics, 10.09.2020 21:01
question
Mathematics, 10.09.2020 21:01
question
Mathematics, 10.09.2020 21:01
question
Arts, 10.09.2020 21:01
question
Mathematics, 10.09.2020 21:01
question
Mathematics, 10.09.2020 21:01
question
Mathematics, 10.09.2020 21:01
question
Mathematics, 10.09.2020 21:01
question
Mathematics, 10.09.2020 21:01
question
Mathematics, 10.09.2020 21:01
question
Mathematics, 10.09.2020 21:01
question
Mathematics, 10.09.2020 21:01
question
Mathematics, 10.09.2020 21:01
question
Mathematics, 10.09.2020 21:01
question
History, 10.09.2020 21:01
Questions on the website: 13722361