Business, 21.11.2019 06:31 kleathers97

Mc qu. 3-170 during january 2018, the first during january 2018, the first month of operations, a consulting firm had following transactions: issued common stock to owners in exchange for $22,000 cash. purchased $5,500 of equipment, paying $1,650 cash and signing a promissory note for $3,850. received $9,900 in cash for consulting services performed in january. purchased $1,650 of supplies on account; all of the supplies were used in january. provided consulting services on account in the amount of $17,600. paid $825 on account. paid $3,300 to employees for work performed during january. received a bill for utilities for january of $3,750; the bill remains unpaid. what is the amount to be reported as total liabilities on the balance sheet at the end of january?

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 01:00

How does the economy of cuba differ from the economy of north korea? in north korea, the government’s control of the economy has begun to loosen. in cuba, the government maintains a tight hold over the economy. in cuba, the government’s control of the economy has begun to loosen. in north korea, the government maintains a tight hold over the economy. in north korea, there is economic uncertainty in exchange for individual choice. in cuba, there is economic security in exchange for government control. in cuba, there is economic uncertainty in exchange for individual choice. in north korea, there is economic security in exchange for government control.\

Answers: 2

Answer

Business, 22.06.2019 11:00

Down under products, ltd., of australia has budgeted sales of its popular boomerang for the next four months as follows: unit salesapril 74,000may 85,000june 114,000july 92,000the company is now in the process of preparing a production budget for the second quarter. past experience has shown that end-of-month inventory levels must equal 10% of the following month’s unit sales. the inventory at the end of march was 7,400 units.required: prepare a production budget by month and in total, for the second quarter.

Answers: 3

Answer

Business, 22.06.2019 17:10

To : of $25 up to 35 2 35 up to 45 5 45 up to 55 7 55 up to 65 20 65 up to 75 16 is$25 up to $35 ?

Answers: 1

Answer

Business, 22.06.2019 20:20

Faldo corp sells on terms that allow customers 45 days to pay for merchandise. its sales last year were $325,000, and its year-end receivables were $60,000. if its dso is less than the 45-day credit period, then customers are paying on time. otherwise, they are paying late. by how much are customers paying early or late? base your answer on this equation: dso - credit period = days early or late, and use a 365-day year when calculating the dso. a positive answer indicates late payments, while a negative answer indicates early payments.a. 21.27b. 22.38c. 23.50d. 24.68e. 25.91b

Answers: 2

Answer

You know the right answer?

Mc qu. 3-170 during january 2018, the first during january 2018, the first month of operations, a c...

Questions