subject
Business, 01.03.2021 16:00 kimlyn58p0wyn0

. The balance in the supplies account, before adjustment at the end of the year, is Br.2,750. The inventory of supplies at the end of the year was determined to be Br.600. The estimated depreciation on equipment used during the year is Br.1,600. Journalize the adjusting entries required at the end of the year to recognize a) supplies used during the year and b) depreciation expense for the year.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 11:00
Why are the four primary service outputs of spatial convenience, lot size, waiting time, and product variety important to logistics management? provide examples of competing firms that differ in the level of each service output provided to customers?
Answers: 1
question
Business, 23.06.2019 00:00
Which of the following statements is true about an atm card?
Answers: 1
question
Business, 23.06.2019 00:50
Exercise 12-7 shown below are comparative balance sheets for flint corporation. flint corporation comparative balance sheets december 31 assets 2017 2016 cash $ 201,348 $ 65,142 accounts receivable 260,568 225,036 inventory 494,487 559,629 land 236,880 296,100 equipment 769,860 592,200 accumulated depreciation—equipment (195,426 ) (94,752 ) total $1,767,717 $1,643,355 liabilities and stockholders’ equity accounts payable $ 115,479 $ 127,323 bonds payable 444,150 592,200 common stock ($1 par) 639,576 515,214 retained earnings 568,512 408,618 total $1,767,717 $1,643,355 additional information: 1. net income for 2017 was $275,373. 2. depreciation expense was $100,674. 3. cash dividends of $115,479 were declared and paid. 4. bonds payable amounting to $148,050 were redeemed for cash $148,050. 5. common stock was issued for $124,362 cash. 6. no equipment was sold during 2017. 7. land was sold for its book value. prepare a statement of cash flows for 2017 using the indirect method.
Answers: 1
question
Business, 23.06.2019 10:20
Yang corporation starts a foreign subsidiary on january 1 by investing 20,000 rand. yang owns all of the shares of the subsidiary’s common stock. the foreign subsidiary generates 40,000 rand of net income throughout the year and pays no dividends. the rand is the foreign subsidiary’s functional currency. currency exchange rates for 1 rand are as follows: lo 10-3 january $0.25 = 1 rand average for the 0.28 = 1 december 0.31 = 1 in preparing consolidated financial statements, what translation adjustment will yang report at the end of the current year? a. $400 positive (credit). b. $1,000 positive (credit). c. $1,400 positive (credit). d. $2,400 positive (credit). hoyle, joe ben; hoyle, joe ben. advanced accounting (page 513). mcgraw-hill higher education. kindle edition.
Answers: 3
You know the right answer?
. The balance in the supplies account, before adjustment at the end of the year, is Br.2,750. The in...
Questions
question
Mathematics, 14.07.2020 16:01
Questions on the website: 13722363