688A_Final_Fall_2023

The first closing entry would include a  a. Debit to c Finley capital for $155,000 B. Credit to c Finley capital for $50,000 c. Debit to c Finley capital for $50,000 D. Credit to c Finley capital for $155,000

10:04 Assignment Details ATG-110-20A01: Financial Accounting (Session II Summer 2021) 7474 unread replies.7575 replies. Please read and respond to TIF 12-2 on page 623. Review the rubric to ensure you receive full points for this discussion. Discussion Rubric- 25 points(1)_(3).docx *After you have posted your answers, please reply to three other students' posts. This discussion board was set up so that you will not be able to see others replies until you post your own. Search entries or author Filter replies by unreadUnread Collapse replies TIF 12-2 Issuing Stock 1. ETHICS Lou Hoskins and Shirley Crothers are organizing Red Lodge Metals Unlimited Inc. to undertake a high-risk gold mining venture in Canada. Lou and Shirley tentatively plan to request authorization for 400,000,000 shares of common stock to be sold to the general public. Lou and Shirley have decided to establish par of $0.03 per share in order to appeal to a wide variety of potential investors. Lou and Shirley believe…

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Perform a categorical analysis on the majors of students enrolled in the MBA. Describe your findings.

Instructions: 1. You MUST open the excel file attachment available in this HOMEWORK 1 assignment in Teams and fill it in with your solution to the requirements a)-d) below within the assigned deadline, i.e. by April 13, 2024, 6:59 PM. 2. Wherever possible, avoid retyping of information already entered, using references. 3. Answer as completely as possible. The Accounting Cycle - Problem Set ABC Company Ltd. Balance Sheet as at Nov. 30, 2023 Assets Land Equities 3 600 Paid-in Capital 7 100 Equipment 2 500 Retained Earnings 2 500 Office Supplies Inventory 2 500 Tax payable 1 300 Accounts Receivable 5 000 Loan Payable 3 000 Cash, Bank 3 800 Accounts payable 3 500 Total assets 17 400 Total equities 17 400 Summary of transactions during December: 1. Paid outstanding tax payables. 2. Paid outstanding trade creditors in the amount of €1500. 3. Received a bank transfer for €3000 from a customer for services rendered in October. 4. Purchase of €1050 of Equipment on credit. 5. Performed…

Assignment 6.1: Session 6 Comprehensive Problem (Chapter 8) Instructions In this session, we have a 6-part comprehensive problem. Download the Session 6 Comprehensive Problem Templates below to complete the 6 required parts of the problem. You will need your Bergevin and MacQueen book for reference. Rancho Cucamonga Inc. began business on January 1, 2020. The firm earned $100 from sales in its first year of business. Rancho Cucamonga collected $90 of revenue earned in cash during 2020 and reported a $10 account receivable on its 2020 balance sheet. The firm paid $70 cash for operating expenses in 2020 and reported a $5 account payable for unpaid operating expenses on its 2020 balance sheet. Income tax laws only recognize cash collected from sales and cash paid for expenses as taxable items in the year collected or paid. Rancho Cucamonga also reported a $10 fine, paid in cash, to the federal government for unfair business practices. Generally accepted accounting principles allow firms…

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edugen.wileyplus.com Return to Blackboard US Weygandt, Accounting Principles, 13th Edition, Custom WileyPLUS Course for Bronx Community College Help | System Announcements CALCULATOR PRINTER VERSION BACK Exercise 7-05 a-d (Part Level Submission) Sandhill Company has a balance in its Accounts Payable control account of $8,180 on January 1, 2020. The subsidiary ledger contains three accounts: Hale Company, balance $2,660; Janish Company, balance $1,860; and Valdez Company. During January, the following payable-related transactions occurred. Purchases Payments Returns Hale Company $6,340 $5,890 $ 0 Janish Company 4,950 1,860 3,150 Valdez Company 6,065 6,000 (a) Collapse question part What is the January 1 balance in the Valdez Company subsidiary account? Balance in the Valdez Company subsidiary account $ Click if you would like to Show Work for this question: Open Show Work SUB SAVE FOR LATER Attempts: 0 of 4 used

Strictly type-written Required: • Ledger • Guide Questions

Spring 2021 Final Exam(2) - Saved to this PC - erences Mailings Review View Help 三 三|A|T AaBbCcD AaBbCcDc AaBbC AABBCCC AaB I Normal T No Spac... Heading 1 Heading 2 Title Paragraph Styles 3-Michael Cool's employer offers its workers an optional two-month unpaid vacation after 7 years of service to the firm, who just started working for the firm, plans to spend his vacation touring Europe at an estimated cost of $24,000. To finance his trip, Robert plans to make an annual deposit of $2,500 into a savings account at the end of the next seven years (first deposit will occur one year from today. The account pays 8% annual interest rate, a. Will Michael's account balance in seven years be enough to pay for his trip? b. Suppose Michael increases his annual deposit to S2,700. How large will his account balance be in seven years? 4- The Robinson Company has the following current assets and current liabilities for these two

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General Accounting I 2020-2021 Fall Term Final Exam (page 18 of 25)-Google Chrome a.tr/mod/quiz/attempt.php?attempt=361811&cmid=180187&page=17 MSKÜ-LMS 1807 ŞB: 1 ÖRGÜN General Accounting I İktisadi ve Idari Bilimler Fakültesi İktisa 8 A credit sale of $3,600 is made on July 15, terms 2/10, n/30, on which a return of $200 is granted on July 18. What amount is received as payment in full on July 247 Tanmadi O a. $3.332 izerinden tlenmiş O b. $3,600 oruyu etle OC $3.528 O d. $3,400 Önceki sayfa

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A ezto.mheducation.com M Question 18 - Midterm 1- Connect b Accounting Question | bartleby Bb Announcements - 2021 Spring Term (1) Principles of .. Midterm 1 Saved Help Save & Exit Submit 18 Torrid Romance Publishers has total receivables of $2,800, which represents 20 days' sales. Total assets are $73,000. The firm's operating profit margin is 5.9%. Find the firm's ROA and asset turnover ratio. (Use 365 days in a year. Do not round intermediate calculations. Round your final answers to 2 decimal places.) X 01:45:00 Asset turnover ratio ROA % Mc Graw Hill Education

ווח M Question 11 - Week 11 - Homework #7 (100 points) - Connect Week 11 - Homework #7 (100 points) i 11 ezto.mheducation.com b) Success Confirmation of Question Submission | bartleby Saved Help Save & Exit Submit 00 8 points A company pays its employees $5,600 every two weeks ($400/day). The current two-week pay period ends on December 26, 2024, and employees are paid $5,600. The next two-week pay period ends on January 9, 2025, and employees will be paid $5,600. Record the adjusting entry on December 31, 2024. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) eBook Print References Mc Graw Hill View transaction list Journal entry worksheet 1 Record the adjusting entry on December 31, 2024. Note: Enter debits before credits. Date December 31, 2024 General Journal Debit Credit Record entry Clear entry View general journal Check my work 10 0 C

Course Material: Introduction to Accounting Financial Statements, Income Statements Your company has the following balance sheet (3 full- time, 4 part-time workers) Construct a NEW balance sheet and income statement Balance Sheet should show totals for current, long- term and total assets and liabilities & equity Current Month Balance Sheet: table[[Assets:], [Cash, $, 550.00). (Supplies Inventory.S 320.00], [Total Current Assets, 5, 870.00]] table[[Fixed Assets,5, 3, 200.00

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2020.12.30 15:27 The for Planner has "a" through "e" to at 31, All and equity Completing the Accounting Cycle | 283 NAME: SECTION: SCORE: PROFESSOR: Problem #4 dentifying and Journalizing Closing Entries of accounts of the entity are listed here in T-account form: Accounts Receivable 000'0e7 000'sE (a) Pascual, Withdrawals Supplies 000'rzs 000'07 (e) 000'00 Service Revenues Accumulated Depreciation-Furniture 1,030,000 Salaries Expense (a) 000'sE 000'0E (a) 000'0s Accumulated Depreciation-Building 000'087 (p) Supplies Expense 000'0ɛE 000'09 ()) (a) Salaries Payable 000'07 (p) 000's Depreciation Expense-Furniture (b) 000'0, Pascual, Capital Depreciation Expense-Building 000' Required: (c) 000'09 ournalize the closing entries.

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Required information Problem 3-3A (Statle) Preparlng adjusting entrles, adjusted trlal balance, and financlal statements LO P1, P2, P3, P4, P5 [The following information applies to the questions displayed below] Wells Technical Institute (WTI), a school owned by Tristana Wells, provides training to Individuals who pay tuition directiy to the school. WTI also offers training to groups in off-site locations. WTI Initially records prepald expenses and uneamed revenues In balance sheet accounts. Its unadjusted trial balance as of December 31 follows, along with descriptions of Items a through hthat require adjusting entries on December 31. Addıtional Information a. An analysis of WT's Insurance policles shows that $2,400 of coverage has explred. b. An Inventory count shows that teaching supplies costing $2.800 are avallable at year-end. C. Annual depreclation on the equlpment is $13,200. d. Annual depreclation on the professional library is $7,200. e. On September 1, WTI agreed to do five…

RE U Return to Blackboard macOS Big Sur 1 later tonight. IS Weygandt, Accounting Principles, 13th Edition, Custom WileyPLUS Course for Bronx Community College Help | System Announcements CALCULATOR Exercise 9-15 a-c (Part Level Submission) On May 2, Marigold Company lends $9,500 to Chang, Inc., issuing a 6-month, 8% note. At the maturity date, November 2, Chang indicates that it cannot pay. (a) Prepare the entry to record the issuance of the note. (Credit account titles are automatically indented when amount is entered. Do not indent manually Date Account Titles and Explanation Debit Credit May 2 SHOW LIST OF ACCOUNTS SA Attempts: 0 of 1 used > (b) The parts of this question must be completed in order. This part will be available when you complete the part above.

You have just been hired as a financial manager for BEE Inc.  Management has provided you with the information below and has asked you to provide a brief explanation for each of the following questions.  Your answer must be a minimum of one sentence and no longer than two or three sentences.  One word answers or an answer of "good" or "bad" only will receive zero marks.     2021 2020 2019         Current ratio  .99 1.32 1.69         Total debt ratio 0.540 0.495 0.489         Profit Margin 0.10 0.11 0.14         Inventory Turnover 2.60 3.14 4.18   a.  Based on the results of the past three years, how is the company doing in regards to their ability to pay their short-term debts?  Please refer to the specific ratio you would point out to management that backs up your answer.    b. The benchmark industry average for the debt ratio is ,490.  What does this mean for BEE Inc.?    c. The benchmark industry average for the profit margin is .15.  What advice would you give…

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9 Quiz: Accounting for Current Liabi... G Help Save & Exit Submi- Saved Check my work i Required information Knowledge Check 01 Lopez Company has a single employee, who earns a salary of $192,000 per year. That employee is paid on the 15th and last day of each month. On January 15, Lopez is subject to the following payroll taxes: FICA-Social Security Taxes (at 6.2% of the first $118,500 each employee earns in the calendar year), FICA-Medicare Taxes (at 1.45%), FUTA (at 0.6% of the first $7,000 each employee earns in the calendar year), and SUTA (at 5.4% of the first $7,000 each employee earns in the calendar year). The journal entry to record the employer's payroll tax expense and related liabilities would include a debit to: O Payroll Taxes Expense for $1,108. O FICA-Social Security Taxes Payable for $496. O Payroll Taxes Expense for $1,032. O FICA-Medicare Taxes Payable for $116. II へ F3 F5 F4 F7 F8 F10 F12 Finder LL 1AA $4 3. 0.