subject
Business, 27.02.2020 19:05 clashofclans17

The following errors in recording the transactions for December were discovered in the general journal the next month after the data had been posted to the ledger. Dec. 5 Discovered that a purchase of office equipment for $1,500 cash was recorded as a debit to Shop Equipment and a credit to Cash. 10 Discovered that a check for $3,500 to the owner, Hank Rudolph, to pay one month's utilities on his personal apartment was recorded as a debit to Utilities Expense and a credit to Cash. 15 Discovered that a receipt of $32,500 cash from a customer for services performed was recorded as a debit to Cash and a credit to Accounts Receivable. 20 Discovered that $3,750 for this month's rent was recorded as a debit to Cash and a credit to Prepaid Rent. Record the necessary correcting entries.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 20:30
At a young age, ebony's coaches were confident she had the potential to be a world-class swimmer with a future coaching career. after four years on an athletic scholarship and olympic experience under her belt, she chose a different path. with her savings and personal connections, she rented a corner building in a bustling san francisco neighborhood and pursued her dream: a surf shop business. ebony's dream was rooted in which basic right of free-market capitalism?
Answers: 3
question
Business, 22.06.2019 09:40
The relationship requirement for qualifying relative requires the potential qualifying relative to have a family relationship with the taxpayer. t or fwhich of the following is not a from agi deduction? a.standard deductionb.itemized deductionc.personal exemptiond.none of these. all of these are from agi deductions
Answers: 3
question
Business, 22.06.2019 11:30
Florence invested in a factory requiring. federally-mandated reductions in carbon emissions. how will this impact florence as the factory's owner? a. her factory will be worth less once the upgrades are complete. b. her factory will likely be bought by the epa. c. florence will have to invest a large amount of capital to update the factory for little financial gain. d. florence will have to invest a large amount of capital to update the factory for a large financial gain.
Answers: 1
question
Business, 22.06.2019 12:30
M. cotteleer electronics supplies microcomputer circuitry to a company that incorporates microprocessors into refrigerators and other home appliances. one of the components has an annual demand of 235 units, and this is constant throughout the year. carrying cost is estimated to be $1.25 per unit per year, and the ordering (setup) cost is $21 per order. a) to minimize cost, how many units should be ordered each time an order is placed? b) how many orders per year are needed with the optimal policy? c) what is the average inventory if costs are minimized? d) suppose that the ordering cost is not $21, and cotteleer has been ordering 125 units each time an order is placed. for this order policy (of q = 125) to be optimal, determine what the ordering cost would have to be.
Answers: 1
You know the right answer?
The following errors in recording the transactions for December were discovered in the general journ...
Questions
question
Engineering, 16.12.2020 19:40
question
Computers and Technology, 16.12.2020 19:40
question
Mathematics, 16.12.2020 19:40
question
Mathematics, 16.12.2020 19:40
question
Mathematics, 16.12.2020 19:40
question
Mathematics, 16.12.2020 19:40
question
Social Studies, 16.12.2020 19:40
Questions on the website: 13722361