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Answers : D) Building, Cash, Accounts Receivables
Assets Include Current Assets, Long-term Assets, and Other Assets, Buildings, Cash and Accounts Receivables are Only Examples of Assets, Unearned Revenue, Accounts Payables, are Liabilities. Dividends and Supplies may also report on the income statements.
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Identify which of the following lists include only examples of assets. O Cash, accounts payable, supplies...
Multiple Choice Question Identify which of the following lists include only examples of assets. O Equipment,...
Multiple Choice Question Identify which of the following lists include only examples of assets. O Equipment, dividends, land O Cash, accounts payable, supplies O Unearned revenue, accounts payable, cash, O Building, cash, accounts receivable Confidence Level Rate your confidence to submit your answer. High Medium LOW
Which group of accounts is composed of only assets? Unearned Revenue, Buildings, Supplies Accounts Receivable, Revenue,...
Which group of accounts is composed of only assets? Unearned Revenue, Buildings, Supplies Accounts Receivable, Revenue, Cash Depreciation Expense, Prepaid Expenses, Cash Cash, Supplies, Buildings None of the above.
what is the retained earning December 31 Assets Cash $ 30,000 52,000 Accounts receivable Office supplies...
what is the retained
earning
December 31 Assets Cash $ 30,000 52,000 Accounts receivable Office supplies nterest receivable 16,000 18,000 168,000 Notes receivable Automobiles $ 168,000 118,000 50,000 138,000 Accumulated depreciation—Automobiles Equipment Accumulated depreciation Equipment Land 18,000 120,000 78,000 $ 600,000 Liabilities $ 96,000 20,000 Accounts payable nterest payable Salaries payable Unearned revenue Long-term notes payable 19,000 30,000 138,000 303,000 Equity Common stock 20,000 Equity Common stock 20,000 Retained earnings 20,000 $ 323,000 < Required B Required Credit $ Debit...
The following information is available for Sheridan Company Accounts receivable $3,100 Cash $6,370 Accounts payable 4,100...
The following information is available for Sheridan
Company
Accounts receivable
$3,100
Cash
$6,370
Accounts payable
4,100
Supplies
3,790
Interest payable
580
Unearned service revenue
800
Salaries and wages expense
4,100
Service revenue
42,500
Notes payable
33,000
Salaries and wages payable
870
Common stock
58,500
Depreciation expense
710
Inventory
2,900
Equipment (net)
109,200
The following information is available for Sheridan Company Accounts receivable $3,100 Cash $6,370 Accounts payable 4,100 Supplies 3,790 Interest payable 580 Unearned service revenue 800 Salaries and wages...
Cash Supplies Prepaid Insurance Land Building Accumulated Depreciation-Building Equipment Accumulated Depreciation Equipment Accounts Payable Unearned Rent...
Cash Supplies Prepaid Insurance Land Building Accumulated Depreciation-Building Equipment Accumulated Depreciation Equipment Accounts Payable Unearned Rent Revenue Salaries and Wages Payable Interest Payable Mortgage Payable Common Stock Rent Revenue 6. Salaries of $710 are accrued and unpaid at May 31. Journalize the adjusting entries on May 31. (If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when the amount is entered. DC not indent manually.)...
identify which of the following lists of accounts would belong on the statement of retaine Identify...
identify which of the following lists of accounts would belong
on the statement of retaine
Identify which of the following lists of accounts would belong on the statement of retained earnings. Click the answer you think is right. Retained earnings and Cash Dividends and Account Payable Retained earnings and Dividends Service Revenue and Wages Expense Do you know the antiwer? I know Noidon
Print 1. The adjusted trial balance for Green Advertising Services is presented below: (Click on the...
Print 1. The adjusted trial balance for Green Advertising Services is presented below: (Click on the icon to view the adjusted trial balance.) Read the requirements Requirement 1. Prepare the income statement for the year ending December 31, 2018. (Use a minus sign or parentheses to show a net loss. If a box is not used in the statement, leave the box emply; do not select a label or enter a zero.) Green Advertising Services Income Statement Year Ended December...
$ 3,500 8,500 2,500 16,90 Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Utilities Payable...
$ 3,500 8,500 2,500 16,90 Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Utilities Payable Deferred Revenue Common Stock Retained Earnings Totals $ 4,000 2,eee 3,000 13,eee 8,5ee $30,500 $30,500 The following is a summary of the transactions for the year 1. January 24 Provide plumbing services for cash, $10,000, and on account, $55,000. 2. March 13 Collect on accounts receivable, $43,000. 3. May 6 Issue shares of common stock in exchange for $12,000 cash. 4. June 30 Pay...
Examples of liabilities include: A. accounts payable and long - term debt. O B. accounts payable...
Examples of liabilities include: A. accounts payable and long - term debt. O B. accounts payable and dividends. O C. investments and note payable. O D. accounts payable and common stock. A net loss occurs when: O A. total revenues and dividends exceed total expenses and losses. B. total revenues exceed total expenses. O C. total expenses and losses exceed total revenues and gains. O D. not enough cash exists. The income statement: A. reports the results of operations since...
11) Which of the following entries records the cash payment of an Account Payable? a. debit...
11) Which of the following entries records the cash payment of an Account Payable? a. debit Cash; credit Accounts Payable b. debit Accounts Receivable; credit Cash c. debit Cash; credit Expense d. debit Accounts Payable; credit Cash 12) Haselhof Company purchases equipment for $2,400 and supplies for $700 from Behrman Co. for $3,100 cash. The entry for this transaction will include a a. debit to Equipment $2,400 and a debit to Supplies Expense $700 for Behrman. b. credit to Cash...
Multiple Choice Question Identify which of the following lists include only examples of assets. O Equipment, dividends, land O Cash, accounts payable, supplies O Unearned revenue, accounts payable, cash, O Building, cash, accounts receivable Confidence Level Rate your confidence to submit your answer. High Medium LOW
Which group of accounts is composed of only assets? Unearned Revenue, Buildings, Supplies Accounts Receivable, Revenue, Cash Depreciation Expense, Prepaid Expenses, Cash Cash, Supplies, Buildings None of the above.
what is the retained
earning
December 31 Assets Cash $ 30,000 52,000 Accounts receivable Office supplies nterest receivable 16,000 18,000 168,000 Notes receivable Automobiles $ 168,000 118,000 50,000 138,000 Accumulated depreciation—Automobiles Equipment Accumulated depreciation Equipment Land 18,000 120,000 78,000 $ 600,000 Liabilities $ 96,000 20,000 Accounts payable nterest payable Salaries payable Unearned revenue Long-term notes payable 19,000 30,000 138,000 303,000 Equity Common stock 20,000 Equity Common stock 20,000 Retained earnings 20,000 $ 323,000 < Required B Required Credit $ Debit...
The following information is available for Sheridan
Company
Accounts receivable
$3,100
Cash
$6,370
Accounts payable
4,100
Supplies
3,790
Interest payable
580
Unearned service revenue
800
Salaries and wages expense
4,100
Service revenue
42,500
Notes payable
33,000
Salaries and wages payable
870
Common stock
58,500
Depreciation expense
710
Inventory
2,900
Equipment (net)
109,200
The following information is available for Sheridan Company Accounts receivable $3,100 Cash $6,370 Accounts payable 4,100 Supplies 3,790 Interest payable 580 Unearned service revenue 800 Salaries and wages...
Cash Supplies Prepaid Insurance Land Building Accumulated Depreciation-Building Equipment Accumulated Depreciation Equipment Accounts Payable Unearned Rent Revenue Salaries and Wages Payable Interest Payable Mortgage Payable Common Stock Rent Revenue 6. Salaries of $710 are accrued and unpaid at May 31. Journalize the adjusting entries on May 31. (If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when the amount is entered. DC not indent manually.)...
identify which of the following lists of accounts would belong
on the statement of retaine
Identify which of the following lists of accounts would belong on the statement of retained earnings. Click the answer you think is right. Retained earnings and Cash Dividends and Account Payable Retained earnings and Dividends Service Revenue and Wages Expense Do you know the antiwer? I know Noidon
Print 1. The adjusted trial balance for Green Advertising Services is presented below: (Click on the icon to view the adjusted trial balance.) Read the requirements Requirement 1. Prepare the income statement for the year ending December 31, 2018. (Use a minus sign or parentheses to show a net loss. If a box is not used in the statement, leave the box emply; do not select a label or enter a zero.) Green Advertising Services Income Statement Year Ended December...
$ 3,500 8,500 2,500 16,90 Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Utilities Payable Deferred Revenue Common Stock Retained Earnings Totals $ 4,000 2,eee 3,000 13,eee 8,5ee $30,500 $30,500 The following is a summary of the transactions for the year 1. January 24 Provide plumbing services for cash, $10,000, and on account, $55,000. 2. March 13 Collect on accounts receivable, $43,000. 3. May 6 Issue shares of common stock in exchange for $12,000 cash. 4. June 30 Pay...
Examples of liabilities include: A. accounts payable and long - term debt. O B. accounts payable and dividends. O C. investments and note payable. O D. accounts payable and common stock. A net loss occurs when: O A. total revenues and dividends exceed total expenses and losses. B. total revenues exceed total expenses. O C. total expenses and losses exceed total revenues and gains. O D. not enough cash exists. The income statement: A. reports the results of operations since...
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