subject
Business, 02.09.2021 19:20 payshencec21

On October 1, Year 2, Stokes Company paid Eastport Rentals $4,800 for a 12-month lease on warehouse space. Required:

a. Record the deferral and the related December 31, Year 2, adjustment for Stokes Company in the accounting equation.
b. Record the deferral and the related December 31, Year 2, adjustment for Eastport Rentals in the accounting equation.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 15:30
Last week, linda's commission check was $84. if she earns a 12.5% commission on sales, what were her total sales?
Answers: 2
question
Business, 21.06.2019 20:30
Goods and services that can be used for the same purpose are and goods and services that are used together are
Answers: 1
question
Business, 22.06.2019 02:40
Aquatic marine stores company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. aquatic uses standard costs to prepare its flexible budget. for the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: direct materials: 3 pounds per unit; $ 6 per pound direct labor: 4 hours per unit; $ 19 per hour during the first quarter, aquatic produced 5 comma 000 units of this product. actual direct materials and direct labor costs were $ 65 comma 000 and $ 330 comma 000, respectively. for the purpose of preparing the flexible budget, calculate the total standard direct materials cost at a production volume of 5 comma 000 units.
Answers: 2
question
Business, 22.06.2019 10:00
Your uncle is considering investing in a new company that will produce high quality stereo speakers. the sales price would be set at 1.5 times the variable cost per unit; the variable cost per unit is estimated to be $75.00; and fixed costs are estimated at $1,200,000. what sales volume would be required to break even, i.e., to have ebit = zero?
Answers: 1
You know the right answer?
On October 1, Year 2, Stokes Company paid Eastport Rentals $4,800 for a 12-month lease on warehouse...
Questions
question
Arts, 19.01.2021 21:20
question
Mathematics, 19.01.2021 21:20
question
Mathematics, 19.01.2021 21:20
Questions on the website: 13722367