subject
Business, 27.01.2020 23:31 bree2837

On april 1, julie began operating a service proprietorship with an initial cash investment of $1,000. the proprietorship provided $3,200 of services in april and received a payment of $2,500 in may. the proprietorship incurred expenses of $1,500 in april that were paid in june. during may, julie drew $500 from her capital account. what was the proprietorship’s income for the 2 months ended may 31 under the following methods of accounting?

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 12:30
Which certificate is the lowest level certification that a personal finance manager requires to sell mutual funds, trusts, and variable annuities? a. series 2 b. series 6 c. series 5 d. series 7 e. series 8
Answers: 3
question
Business, 22.06.2019 02:00
Kenney co. uses process costing to account for the production of canned energy drinks. direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. equivalent units have been calculated to be 19,200 units for materials and 16,000 units for conversion costs. beginning inventory consisted of $11,200 in materials and $6,400 in conversion costs. april costs were $57,600 for materials and $64,000 for conversion costs. ending inventory still in process was 6,400 units (100% complete for materials, 50% for conversion). the total cost per unit using the weighted average method would be closest to:
Answers: 2
question
Business, 22.06.2019 12:10
Drag each label to the correct location on the image determine which actions by a manager are critical interactions - listening to complaints - interacting with customers - responding to complaints - assigning staff duties -taking action to address customer grievances -keeping track of reservations
Answers: 2
question
Business, 22.06.2019 15:00
Which of the following characteristics are emphasized in the accounting for state and local government entities? i. revenues should be matched with expenditures to measure success or failure of the government entity. ii. there is an emphasis on expendability of resources to accomplish objectives. a. i only b. ii only c. i and ii d. neither i nor ii
Answers: 2
You know the right answer?
On april 1, julie began operating a service proprietorship with an initial cash investment of $1,000...
Questions
question
Computers and Technology, 26.09.2021 06:30
question
Mathematics, 26.09.2021 06:30
question
Mathematics, 26.09.2021 06:30
question
Spanish, 26.09.2021 06:40
Questions on the website: 13722360