Answers: 1
Business, 21.06.2019 21:00
Sheldon has the following year-end account balances: accounts receivable, $5,000; supplies, $12,000; equipment, $18,000; accounts payable, $17,000; stockholders’ equity, $43,000. the cash account balance was not available at year-end. given the account balances listed, the balance in the cash account should be?
Answers: 2
Business, 22.06.2019 06:20
James albemarle created a trust fund at the beginning of 2016. the income from this fund will go to his son edward. when edward reaches the age of 25, the principal of the fund will be conveyed to united charities of cleveland. mr. albemarle specified that 75 percent of trustee fees are to be paid from principal. terry jones, cpa, is the trustee. james albemarle transferred cash of $500,000, stocks worth $400,000, and rental property valued at $250,000 to the trustee of this fund. immediately invested cash of $360,000 in bonds issued by the u.s. government. commissions of $7,900 are paid on this transaction. incurred permanent repairs of $9,000 so that the property can be rented. payment is made immediately. received dividends of $8,000. of this amount, $3,000 had been declared prior to the creation of the trust fund. paid insurance expense of $4,000 on the rental property. received rental income of $10,000. paid $8,000 from the trust for trustee services rendered. conveyed cash of $7,000 to edward albemarle.
Answers: 2
Business, 22.06.2019 08:30
Match each item to check for while reconciling a bank account with the document to which it relates.(there's not just one answer)1. balancing account statement2. balancing check registera. nsf feesb. deposits in transitc. interest earnedd. bank errors
Answers: 2
Business, 22.06.2019 09:40
As related to a company completing the purchase to pay process, is there an accounting journal entry "behind the scenes" when xyz company pays for the goods within 10 days of the invoice (gross method is used for discounts and terms are 2/10 net 30) that updates the general ledger?
Answers: 3
Suppose that in one year the Consulting Corporation had net sales of $750,000 and in the next year h...
Mathematics, 29.01.2020 17:43
Advanced Placement (AP), 29.01.2020 17:43
Social Studies, 29.01.2020 17:43
Mathematics, 29.01.2020 17:43
Mathematics, 29.01.2020 17:43
Mathematics, 29.01.2020 17:43
Physics, 29.01.2020 17:43
Mathematics, 29.01.2020 17:43
Mathematics, 29.01.2020 17:43
History, 29.01.2020 17:43
English, 29.01.2020 17:43
Mathematics, 29.01.2020 17:43
Mathematics, 29.01.2020 17:43
Computers and Technology, 29.01.2020 17:43
Mathematics, 29.01.2020 17:43