subject
Business, 29.03.2021 16:00 leshayellis1591

An adjusted trial balance for a sole proprietorship is given below. There were no new capital contributions during the year. Debit Credit Cash Accounts Receivable Prepaid Rent Merchandise Inventory Accounts Payable Salaries Payable Notes Payable ​Lorenzo, Capital ​Lorenzo, Withdrawals Sales Revenue Cost of Goods Sold Salaries Expense Rent Expense Selling Expense Supplies Expense Total What will be the final balance in the​ company's Lorenzo, Capital account after recording the closing ​entries?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 15:00
Because gloria's immediate concern was the perceived gender discrimination, she would be more concerned about than intent, resultsresults, intentstatistics, trendsrace,gendergender,race
Answers: 2
question
Business, 22.06.2019 18:00
Abbington company has a manufacturing facility in brooklyn that manufactures robotic equipment for the auto industry. for year 1, abbingtonabbington collected the following information from its main production line: actual quantity purchased-200 units, actual quantity used-110 units, units standard quantity-100 units, actual price paid-$8 per unit, standard price-$10 per unit. atlantic isolates price variances at the time of purchase. what is the materials price variance for year 1? 1. $400 favorable. 2. $400 unfavorable. 3. $220 favorable. 4. $220 unfavorable.
Answers: 2
question
Business, 22.06.2019 20:00
River corp's total assets at the end of last year were $415,000 and its net income was $32,750. what was its return on total assets? a. 7.89%b. 8.29%c. 8.70%d. 9.14%e. 9.59%
Answers: 3
question
Business, 22.06.2019 20:20
Which of the following entries would be made to record the requisition of $12,000 of direct materials and $6,900 of indirect materials? (assume that indirect materials are included in raw materials inventory.) a. manufacturing overhead 18,900 raw materials inventory 18,900 b. wip inventory 12,000 manufacturing overhead 6,900 raw materials inventory 18,900 c. raw materials inventory 18,900 wip inventory 18,900 d. wip inventory 18,900 raw materials inventory 18,900
Answers: 1
You know the right answer?
An adjusted trial balance for a sole proprietorship is given below. There were no new capital contri...
Questions
question
Social Studies, 13.10.2020 05:01
question
Mathematics, 13.10.2020 05:01
question
Mathematics, 13.10.2020 05:01
question
Mathematics, 13.10.2020 05:01
Questions on the website: 13722363