The following are the current month's balances for ABC Financial Services, Inc. before preparing the trial balance. Accounts Payable Revenue Cash $7,000 3,000 2,000 14,500 11,000 14,000 Expenses Furniture Accounts Receivable Common Stock ? Notes Payable 8,500 What amount should be shown for Common Stock on the trial balance? O A. $46,000 B. $27,000 OC. $23,000 O D. $15,500 ***
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- W Final Exam - MATH 1330 - Math b Details | bartleby x E New tab x |+ A https://www.webassign.net/web/Student/Assignment-Responses/submit?dep=25487892&tags=autosave#question4023958_1 Sign in 14. DETAILS HARMATHAP12 6.2.041. MY NOTES A couple needs $50,000 as a down payment for a home. If they invest the $35,000 they have at 8% compounded quarterly, how long will it take for the money to grow to $50,000? (Round your answer to the nearest whole number.)-et: Mod x * CengageNOWv2 | On x * Cengage Learning B Milestone Two Guidel x G module 5 problem set x om/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=. O eBook Show Me How Journalizing Installment Notes On the first day of the fiscal year, a company issues $52,000, 11%, five-year installment notes that have annual payments of $14,070. The first note payment consists of $5,720 of interest and $8,350 of principal repayment. a. Journalize the entry to record the issuance of the installment notes. If an amount box does not require an entry, leave it blank. b. Journalize the first annual note payment. If an amount box does not require an entry, leave it blank. Previous Next Check My Work. 3:34 P 56°F Mostly cloudy A O E O 40 11/28/2 (田Opline Test Window- Google Chrome tests.mettl.com/test-window/f55ac827%#/testWindow/0/21/1 EY Accounting Assessment 0 Total 00:54:18 Finish Test Section 1 of 1 Section #1 v 15 16 17 18 19 20 21 22 24 23 25 22 of 45 All 2 43 Question # 22 Revisit Choose the best option Suppose that an entity has paid one of its liabilities twice during the year, in error The effects of this O Assets, liabilities, and equity are understated. mistake would be O Assets, net income, and equity are unaffected. O Assets and liabilities are understated. O Assets and net profit and equity are understated, and liabilities are overstated. Next Question Prev Question -91-82878-03040 Zaineh Support +1-650-924-9221 4:14 PM metti 1/16/2021
- ← = POTUTORIAL QUESTION 4.pdf X C 1 of 3 Q 5 + Ⓒ File | C:/Users/acer/Documents/UNIVERSITI%20MALAYSIA%20SABAH/SEMESTER%204%20COURSE/BP22603%20FAR%2011/CHAP... Q [E CD Page view | A Read aloud | Add textDraw Highlight Erase 5 SEM 2, 2021/ZUZZ TUTORIAL QUESTION 5 QUESTION 1 On 1 January 2016, the management of ZAIDY granted an option for 3,000 shares to an employee on condition that he stays in the employment of ZAIDY for three years. Also, the option cannot be exercised till the share price has increased to RM20 per share by the end of the third year. The fair value of the option on 1 January 2016 was RM5 each and was estimated to rise to RM6.50 each by 31 December 2018. The fair value is determined taking into consideration that the share price will rise to more that RM20 each. Required: Calculate the amount recognized in the statement of profit or loss and the amount disclosed as equity in the statement of financial position. QUESTION 2 On 1 January 2017, SURDIN granted 100 share…Class Collaborate-AC-163-44 P x CengageNOWv2| Online teachin X + 2.cengagenow.com/ilmn/takeAssignment/takeAssignmentMain.do?invoker-assignments&takeAssignments... A Determine the following measures for 2018. Round ratio values to one decimal place and dollar amounts to the nearest cent. For number of days' sales in receivables and number of days' sales in inventory, round intermediate calculations to the nearest whole dollar and final amounts to one decimal place. Assume there are 365 days in the year. 1. Working capital Г 2,790,000 2. Current ratio 4.1 3. Quick ratio 2.5 4. Accounts receivable turnover 16 5. Days' sales in receivables 22.8 days 6. Inventory turnover 7. Days sales in inventory 8. Debt ratio days % 9. Ratio of liabilities to stockholders' equity 10. Ratio of fixed assets to long-term liabilities 11. Times interest earned times times 12. Times preferred dividends earned Check My Work 8 144 0 P Previous Email Instructor Save and Exr Submit Assignment for Grading pri se…blem Set: ModX * CengageNOWv2 | On x * Cengage Learning B Milestone Two Guidel x G module 5 problem set X ow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=. Lo еВook Show Me How Entries for notes payable Bennett Enterprises issues a $660,000, 45-day, 9%, note to Spectrum Industries for merchandise inventory. Assume a 360-day year. If required, round your answers to the nearest dollar.If an amount box does not require an entry, leave it blank. a. Journalize Bennett Enterprises' entries to record: 1. the issuance of the note. 2. the payment of the note at maturity. 2 b. Journalize Spectrum Industries' entries to record: 1. the receipt of the note. 2. the receipt of the payment of the note at maturity. Previous Check My Work 56°F Mostly cloudy ヘ 回。
- Ojie dal| 18 X Uspally al X BMGT200 Asse a docs.google.com Not 12033530@students.liu.edu.lb? Switch account * Required Multiple Choice Questions: In this section, there are 25 questions or statements. Each question or statement is followed by four alternatives (A, B, C, & D) out of which only one is correct. Choose the letter corresponding to your choice. (Score: 56 Marks). Members of the sales team in XYZ join frequently for lunch with the wholesalers or with business owners. Big deals could be made during these lunches that returns high revenues to the organizations.These types of deal are categorized by: Formal structure Informal structure Divisional structure Functional structure This is a required question Which of the following is true about long-range and short-range plans? * There is a lot more permanency to long-term plans today than there was in the past. Long-term plans are not subject to frequent revisions today. Long-term plans typically look at least ten years or more…lem Set: Modx * CengageNOWv2 | Onl X * Cengage Learning B Milestone Two Guideli x G module ow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=.. eBook Show Me How Quick ratio Adieu Company reported the following current assets and current liabilities for two recent years: Dec. 31, 20Y4 Dec. 31, 20Y3 Cash $830 $1,090 Temporary investments 1,200 1,500 Accounts receivable 820 910 Inventory 2,100 2,500 Accounts payable 1,900 2,500 a. Compute the quick ratio on December 31 for each year. Round to one decimal place. 20Υ4 20Υ3 Quick Ratio b. Is the quick ratio improving or declining? Check My Work 56°F Mostly 39Cengage Learning * CengageNOWv2 | Online teachin x * Cengage Learning Assignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress-false eBook Show Me How Analysis of Receivables Method At the end of the current year, Accounts Receivable has balance of $4,375,000; Allowance for Doubtful Accounts has a debit balance of $21,300; and sale for the year total $102,480,000. Using the aging method, the balance of Allowance for Doubtful Accounts is estimated as $205,000. a. Determine the amount of the adjusting entry for uncollectible acfounts. b. Determine the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense. Accounts Receivable Allowance for Doubtful Accounts Bad Debt Expense c. Determine the net realizable value of accounts receivable. Feedback T Check My Work The analysis of receivables method is based on the assumption that the longer an account receivable is outstanding the less likely that it will be collected. The…
- este X * CengageNOww2 | Online teachin x : Cengage Learning genow.com.filrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=8inprogress=false еВook Show Me How Providing for Doubtful Accounts At the end of the current year, the accounts receivable account has a debit balance of $969,000 and sales for the year total $10,990,000. a. The allowance account before adjustment has a credit balance of $13,100. Bad debt expense is estimated at 1/4 of 1% of sales. b. The allowance account before adjustment has a credit balance of $13,100. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $41,900. C. The allowance account before adjustment has a debit balance of $4,600. Bad debt expense is estimated at 3/4 of 1% of sales. d. The allowance account before adjustment has a debit balance of $4,600. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $38,200. Determine the amount of the adjusting…nchsso: X L Assignments: 22S-F x S Question 6 - Exam 2 x b Login | bartleby FIN 310 Chapter A ezto.mheducation.com/ext/map/index.html?_con%3Dcon&external_browser3D0&launchUrl3https%253A%252F%2 eting - Z. M MKT 100 (Section 2. QuickLaunchSsO ::.. 2 - Version A i Saved Consider the following information: Rate of Probability of State Return State of Economy Recession of Economy .25 if State Occurs -.09 45:31 Normal .45 11 Boom 30 30 ed Calculate the expected return. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Expected return % ...SO: X L Assignments: 22S- x 6 Question 16 - Exam x Login | bartleby QChapter 11 -ri a ezto.mheducation.com/ext/map/index.html?_con3con&external_browser%3D0&launchUrl%=https%253A%252F - . M MKT 100 (Section 2. H QuickLaunchSSO :. ersion A Saved You have a portfolio with the following: Expected Return Stock Number of Shares Price W 825 $ 50 12% 725 27 16 Y 475 63 14 700 48 15 What is the expected return of your portfolio? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Expected return %