The net income reported on the ABC Co.'s income statement is $150,000. However, adjusting entries were not recorded at the end of the period for depreciation on fixed assets of $10,000, supplies used of $3,000, unearned gift card revenue EARNED during the period of $8,000, and for accrued salaries of $1,500. The correct amount of net income is Select one 0 a. $127,500 b. $163,500 c. $143,500d. $146,500 e. None of the above
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Business, 21.06.2019 14:30
John f. kennedy believed that a leader should be elected successful a lifelong student in the military
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Business, 21.06.2019 21:50
Franklin painting company is considering whether to purchase a new spray paint machine that costs $4,800. the machine is expected to save labor, increasing net income by $720 per year. the effective life of the machine is 15 years according to the manufacturer’s estimate. required determine the unadjusted rate of return based on the average cost of the investment.
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Business, 22.06.2019 11:00
The following information is available for ellen's fashions, inc. for the current month. book balance end of month $ 7 comma 000 outstanding checks 700 deposits in transit 4 comma 500 service charges 120 interest revenue 45 what is the adjusted book balance on the bank reconciliation?
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Business, 22.06.2019 14:30
United continental holdings, inc., (ual), operates passenger service throughout the world. the following data (in millions) were adapted from a recent financial statement of united. sales (revenue) $38,901 average property, plant, and equipment 17,219 average intangible assets 8,883 1. compute the asset turnover. round your answer to two decimal places.
Answers: 2
The net income reported on the ABC Co.'s income statement is $150,000. However, adjusting entries we...
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