subject
Business, 12.08.2021 23:30 ilianysacosta10

Adams Company reports the following balance sheet accounts as of December 31. Salaries payable $ 7,700 D. Adams, Capital $ 94,000
Buildings 82,200 Notes payable (due in 9 years) 64,000
Prepaid rent 8,700 Office supplies 5,400
Merchandise inventory 17,400 Land 56,000
Accounts payable 27,000 Accumulated depreciationâBuilding 8,400
Prepaid insurance 6,400 Mortgages payable (due in 5 years) 46,000
Accounts receivable 21,000 Cash 50,000
Required:
Prepare a classified balance sheet.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 21:30
Mr. smith recently faced a choice between being (a) an economics profes-sor, which pays $60,000/yr, or (b) a safari leader, which pays $50,000/yr. after careful deliberation, smith took the safari job, but it was a close call. "for a dollar more," he said, "i'd have gone the other way."now smith's brother-in-law approaches him with a business proposition. the terms are as follows: - smith must resign his safari job to work full-time in his brother-in-law's business.- smith must give his brother-in-law an interest-free loan of $100,000, which will be repaid in full if and when smith leaves the business. (smith currently has much more than $100,000 in the the business will pay smith a salary of $70,000/yr. he will receive no other payment from the business.the interest rate is 10 percent per year. apart from salary considerations, smith feels that working in the business would be just as enjoyable as being an economics professor. for simplicity, assume there is no uncertainty regarding either smith's salary in the proposed business or the security of his monetary investment in it. should smith join his brother-in-law and, if so, how small would smith's salary from the business have to be to make it not worthwhile for him to join? if not, how large would smith's salary from the business have to be to make it worthwhile for him to join?
Answers: 1
question
Business, 22.06.2019 14:10
When paul o’neill joined alcoa as ceo, he set a , that there would be zero workplace accidents. a lot of people in the organization thought this was impossible given how dangerous some aluminum-manufacturing jobs are, but alcoa’s safety record improved tremendously. as the board of governors of the american red cross considers planning, one option is to make strategic plans and then direct managers to align tactical and operational plans accordingly. another option is to have planning specialists managers across the organization make their own plans. why might this organization’s executives opt for the latter approach? check all that apply. (a) the environment is a dynamic one, and department and frontline managers can come up with more responsive plans than can central leadership. (b)resources will be better coordinated across the organization in support of the overall strategy.(c) senior leadership will have more control over the organization’s direction. (d)when managers come up with their own plans, they are likely to be more committed to following through on them.
Answers: 2
question
Business, 23.06.2019 08:20
Analyze the forces in the marketing environment that have contributed to pinterest’s explosion in popularity?
Answers: 3
question
Business, 24.06.2019 00:00
Suppose a new "payment technology" allows individuals to make payments using u.s. treasury bonds (i.e., u.s. treasury bonds are immediately cashed when needed to make a payment and that balance is transferred to the payee). how do you think this payment technology would affect the transactions component of the demand for money? a. this would lead to a decreased need to hold cash for transactions; however, the transactions demand for money would remain unchanged. b. this would lead to a decreased need to hold cash for transactions, thus the transactions demand for money would decrease. c. this would lead to an increased need to hold cash for transactions, thus the transactions demand for money would increase. d. this technology would not change the transactions component of the demand for money.
Answers: 2
You know the right answer?
Adams Company reports the following balance sheet accounts as of December 31. Salaries payable $ 7,...
Questions
question
History, 02.10.2019 14:50
question
English, 02.10.2019 14:50
question
Mathematics, 02.10.2019 14:50
Questions on the website: 13722367