Business, 14.06.2021 15:30 rivman10

This information relates to Bramble Real Estate Agency. Oct. 1 Stockholders invest $31,930 in exchange for common stock of the corporation. 2 Hires an administrative assistant at an annual salary of $30,600. 3 Buys office furniture for $3,850, on account. 6 Sells a house and lot for E. C. Roads; commissions due from Roads, $10,770 (not paid by Roads at this time). 10 Receives cash of $155 as commission for acting as rental agent renting an apartment. 27 Pays $690 on account for the office furniture purchased on October 3. 30 Pays the administrative assistant $2,550 in salary for October. Prepare the debit-credit analysis for each transaction. (If there is no Oct. 1 Debits Debit Credit: Increase Liabilities Decrease Assets Increase Expenses Increase Revenues Decrease Expenses Increase Stockholders' Equity Decrease Revenues No Effect Increase Assets Decrease Stockholders' Equity Decrease Liabilities Credit Oct. 2 Debits Debit Credits Credit Oct. 3 Debits 3 DUYS UICC Turun 6 Sells a house and lot for E. C. Roads; commissions du 10 Receives cash of $155 as commission for acting as re 27 Pays $690 on account for the office furniture purchas 30 Pays the administrative assistant $2,550 in salary for Prepare the debit-credit analysis for each transaction. (If there Oct. 1 Debits Debit Credi Credi Cash Salaries and Wages Expense Equipment Accounts Receivable Service Revenue Common Stock Accounts Payable No Effect Debit Debit Credits Credit Oct. 3 Debits 6 Sells a house and IULIUI E. C. RUDUS, CUMINIJJIUNJUULI 10 Receives cash of $155 as commission for acting as rental 27 Pays $690 on account for the office furniture purchased 30 Pays the administrative assistant $2,550 in salary for Oct Prepare the debit-credit analysis for each transaction. (If there is no Oct. 1 Debits Debit Credit: Increase Liabilities Decrease Assets Increase Expenses Increase Revenues Decrease Expenses Increase Stockholders' Equity Decrease Revenues No Effect Increase Assets Decrease Stockholders' Equity Decrease Liabilities Credit Oct.2 Debits Debit Credits Credit Oct. 3 Debits

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 16:30

Aland development company purchases several acres of land adjacent to a wildlife reserve. it plans to build a new community, complete with shops and schools. green sands, a local environmental group, complains that the company's proposed building methods will disrupt the area's ecological balance. the company wants to respect the local ecology but also wants to build its development. the company decides to schedule a meeting with green sands's representatives to make choices about the property that are agreeable to both sides. which strategy would be most effective in this situation?

Answers: 2

Answer

Business, 22.06.2019 03:00

If you were running a company, what are at least two things you could do to improve its productivity.

Answers: 1

Answer

Business, 22.06.2019 03:10

Beswick company your team is allocated a project involving a major client, the beswick company. although the organization has many clients, this client, and project, is the largest source of revenue and affects the work of several other teams in the organization. the project requires continuous involvement with the client, so any problems with the client are immediately felt by others in the organization. jamie, a member of your team, is the only person in the company with whom this client is willing to deal. it can be said that jamie has:

Answers: 2

Answer

Business, 22.06.2019 18:10

During the year, the delph company had no beginning or ending inventories and it started, completed, and sold only two jobs—job d-75 and job c-100. it provided the following information related to those two jobs: job d-75: molding fabrication total direct materials cost $ 375,000 $ 325,000 $ 700,000 direct labor cost $ 200,000 $ 160,000 $ 360,000 machine-hours 15,000 5,000 20,000 job c-100: molding fabrication total direct materials cost $ 300,000 $ 250,000 $ 550,000 direct labor cost $ 175,000 $ 225,000 $ 400,000 machine-hours 5,000 25,000 30,000delph had no overapplied or underapplied manufacturing overhead during the year. assume delph uses a plantwide overhead rate based on machine-hours.1-a. compute the predetermined plantwide overhead rate.1-b. compute the total manufacturing costs assigned to job d-70 and job c-200.1-c. if delph establishes bid prices that are 150% of total manufacturing costs, what bid price would it have established for job d-70 and job c-200? 1-d. what is delph's cost of goods sold for the year? assume delph uses departmental overhead rates based on machine-hours.2-a. compute the predetermined departmental overhead rates.2-b. compute the total manufacturing costs assigned to job d-70 and job c-200.2-c. if delph establishes bid prices that are 150% of total manufacturing costs, what bid price would it have established for job d-70 and job c-200? 2-d. what is delph's cost of goods sold for the year?

Answers: 3

Answer

You know the right answer?

This information relates to Bramble Real Estate Agency. Oct. 1 Stockholders invest $31,930 in exchan...

Questions