Business, 01.09.2020 21:01 swelch2010
Below are the account balances for Cowboy Law Firm at the end of December. Accounts BalancesCash $4,300Salaries expense 1,650Accounts payable 2,300Retained earnings 4,250Utilities expense 1,000Supplies 12,700Service revenue 8,200Common stock 4,900Required:Use only the appropriate accounts to prepare an income statement. COWBOY LAW FIRMIncome StatementExpenses: Total expenses Net income
Answers: 1
Business, 21.06.2019 21:00
Management discovers that a supervisor at one of its restaurant locations removes excess cash and resets sales totals throughout the day on the point-of-sale (pos) system. at closing, the supervisor deposits cash equal to the recorded sales on the pos system and keeps the rest.the supervisor forwards the close-of-day pos reports from the pos system along with a copy of the bank deposit slip to the company’s revenue accounting department. the revenue accounting department records the sales and the cash for the location in the general ledger and verifies the deposit slip to the bank statement. any differences between sales and deposits are recorded in an over/short account and, if necessary, followed up with the location supervisor. the customer food order checks are serially numbered, and it is the supervisor’s responsibility to see that they are accounted for at the end of each day. customerchecks and the transaction journal tapes from the pos system are kept by the supervisor for 1 week at the location and then destroyed.what control allowed the fraud to occur?
Answers: 2
Business, 22.06.2019 21:30
Abond purchased for $950 was sold for $980 after one year. the interest received during the year is $25. the bond's yield is:
Answers: 1
Business, 22.06.2019 22:30
Perry is a freshman, he estimates that the cost of tuition, books, room and board, transportation, and other incidentals will be $30000 this year. he expects these costs to rise about $1500 each year while he is in college. if it will take him 5 years to earn his bs, what is the present cost of his degree at an interest rate of 6%? if he earns and extra $10000 annually for 40 years, what is the present worth of his degree.?
Answers: 3
Below are the account balances for Cowboy Law Firm at the end of December. Accounts BalancesCash $4,...
Biology, 30.01.2020 01:42
Mathematics, 30.01.2020 01:42
Chemistry, 30.01.2020 01:42
History, 30.01.2020 01:42
Mathematics, 30.01.2020 01:42
Mathematics, 30.01.2020 01:42
Mathematics, 30.01.2020 01:42
Physics, 30.01.2020 01:42
Mathematics, 30.01.2020 01:42