sold good by cash 200 to ali enterprises general journal
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- ua/69158/45467554/aHR0cHM6Ly9mMS5hcHAUZWRtZW50dW0OuY29tL2xlYXJUZXItdWkvc2Vjb25kYXJ5L3VzZXIt resting Unit Activity: Mathematical Models and Investments Part A Tiffany has $5,000 of her savings in a bank account. What would be different if she had that $5,000 invested in stocks instead? BIUX² X₂ 15px === Space used (includes formatting): 0/15000 15px A V M < Part B Danielle eventually wants to buy a house that requires a $40,000 down payment. In the meantime, she is investing $20,000 in mutual funds that are expected to grow to $40,000 in value over 10 years. Assuming that Danielle's investments perform as expected, will they give Danielle enough for the down payment? Explain the reasoning behind your answer. BIU X² X₂ V8 A = 田く O 7 of 11 Apr 14 9:37 1 Save & ExitMultiple Choice Kearns Incorporated owned all of Burke Corporation. For 2024, Kearns reported net income (without consideration of its investment in Burke) of $350,000 while the subsidiary reported $127,000. There are no excess amortizations associated with this consolidation. The subsidiary had bonds payable outstanding on January 1, 2024, with a book value of $303,000. The parent acquired the bonds on that date for $285,000. During 2024, Kearns reported interest income of $32,000 while Burke reported interest expense of $29,000. What is consolidated net income for 2024? $498,000 $462,000 $456,000 M Saved Sep 16 Sul 4:5Provide correct ad complete solutions. Thank you!!
- References Mailings Review View Help O Tell me what you want to do Endnate Manage Sources A Insert Table of Figutes E Insert index Style APA Insert Dl Update Table D Update index Mark Footnote Smart Insert Mark Notes Citation Bibliography- Caption Cross-reference Citation Lookup Entry G Research Citations & Bibliography Captions Index CHAPTER 3 EXERCISES 7.Company ABC sold its products at OMR 2000 and received the full amount in cash. Steps Questions Answers 1 What did Company ABC receive? If Company A received cash, how would this affect the cash balance? Which side of cash account represents the increase in cash? 3 4 What is the account name to record the sales of products? Which side of sales account represents the increase in sales? 6 Write the journal entry for the transaction. Does the sum of debit side amounts equal to the sum of credit side amounts? In other words, does this journal entry balance? 7 tates) hp 10 144 2$ & 5. 6. V. E R T D G H K: LGuides Software Colleges - This course Contact us Search If old capital OMR 3700; Los OMR 400; Stock of goods OMR 200; then the new capital will be عير مجاب عليه بط OMR 4100 .a O الترجة من 0.50 علم هذا السؤال OMR 3300 .b O OMR 2500 .c O Some other answer .d CO 5 J- If old capital OMR 3700; Profit OMR 400; Stock of goods OMR 200; then the new capital will be غير مجاب عليه بعد OMR 4100 .a O الدرجة من 0.50 علم هذا السؤال OMR 2300 .b O OMR 2500 .c O Some other answer .d O 6 J- Trading account is used to calculate gross profit عير مجاب عليه بعد إختر واحداً: الدرجة من 0.50 علم هنا الؤل TOSHIBA & %23 3 r 24 48 2 7V 50 6 7 8 A 99 EILE U - OX E TY DI FL GY K.00 X + Create 24 Find text or tools Q ℗ 4 Question 4 The following cash book receipts can be found in the books of Bushveld Traders for April 2024: X 2024 Al Assistant (Marks:15) Doc No Day e DR510 1 Jock Bush Α B/S 04 8 00 Jedi Dealers Internet sales A Details Fol. Analysis of Receipts (R) Bank (R) Debtors Control (R) Output VAT (R) Sales Sundries (R) Amount Fol. Details 82 080 00 82 080 00 82 080 00 Capital 75 753 00 9 880 83 65 872 17 B C B/S 04 15 Blah Bank: Interest 906 30 on deposit D E FL G DS327 21 Stuart Smith cash 17 907 12 17 907 12 sales H DS328 24 Commercial 8 406 36 8 406 36 B/S 04 DS329 27 DR511 30 26 Tenant: Bill Tong Norma Edwards J K L 6 947 35 6.947 35 B Belton cash sales 84 303 00 84 303 00 10 996 04 73 306 96 Steve Brown ? M N 352 431 01 O 154 750 54 ? Abbreviations in the Document Number column: DR, B/S, and DS, indicate Duplicate Receipts, Bank Statement and Duplicate Cash Slips respectively. Required: ments Fill in the missing amounts/details for the letters A…
- tle=pccertified-professional-in-financial-accounting 5e33e716ef363&c=9&p=1 O New Tab 6 Currency Conversion O Silberline Intranet S.. @ https://www.comm... A SAP Health Declara. I Silberline Home ( Previous al Question 1/50 O 117 min 15 secs 2% 89% Done In October 2015 Utland sold some goods on sale or return terms for $2,500. Their cost to Utland was $1,500. The transaction has been treated as a credit sale in Utland's financial statements for the year ended 31 October 2015. In November 2015 the customer accepted half of the goods and returned the other half in good condition. What adjustments, if any, should be made to the financial statements? A. Sales and receivables should be reduced by $2,500, with no adjustment to closing inventory B. ) Sales and receivables should be reduced by $2,500, and closing inventory increased by $1,500. C. Sales and receivables should be reduced by $1,250, and closing inventory increased by $750 D. No adjustment is necessary Next O Mark For Review @…JC ENTERPRISE SOLD MERCHANDISE FOR $120000.00 PURCHASE FOODS FOR $71000.00 PAID RENT $12000.00 PAID SALARY $ 3000.00 PAID UTILITIES EXPENSE $ 5000.00 PAID ADVERTISING EXPENSE $2000.00 PAID TRANSPORTATION EXPENSE $ 1200.00 PURCHASE SUPPLIES ON ACCOUNT $ 750.00 Prepare Journal Entries, General Ledger, Income Statement (Profit/Loss Statement) and Balance Sheetss
