Statements correct sequence |
A. Accounts payable |
G. Accounts receivables |
E.sole trader |
I.Expenses |
H. Inventory |
B. Stock |
J. Revenue |
D and F short term loan |
Please note that short term loans is given twice in the options so if it ask to choose only one you can choose D .
Please help me with matching question. Thank you QUESTION1 Match the following A. Accounts payable B....
MATCH TERMS Match the following terms with the definitions or statements listed below. Indicate your answers in the spaces provided. a. Account g. Expenses b. Accounts payable h. Income statement C. Accounts receivable i. Net income d. Balance sheet j. Revenue e. Corporation k. Partnership f. Debit 1. Sole proprietorship Answer 1. A business owned by stockholders. 2. Costs incurred in running a business. 3. When revenue is larger than expenses. 4. The left-hand side of an account. 5. A...
help me please ? thank you ? 6) The balance in Dallas Company's accounts payable account at December 31, 2019 was P1,170,000 before any year- end adjustments relating to the following: • Goods were in transit from a vendor to Dallas on December 31, 2019. The invoice cost was P65,000 and the goods were shipped FOB shipping point on December 29, 2019. The goods were received on January 2, 2020. • Goods shipped FOB shipping point on December 20, 2019...
Rochester Corporation holds cash of $2,000 and owes $31,000 on accounts payable. Rochester has accounts receivable of $41,000, nventory of $30,000, and land that cost $50,000. How much are Rochester's total assets and liabilities? Total assets O A. $73,000 OB. $123,000 O C. $123,000 O D. $93,000 Liabilities $81,000 $61,000 $31,000 $61,000 Match the following definitions with one of the terms listed here. (Click the icon to view the list of terms.) Complete the responses for a -i in the...
wat Question 1 42 Matching A licensed accounting professional [ Choose Costs that relate to the earnings of revenue [Choose] . Represents amount owed to us by our charge customers [Choose) . Excess of total expenses over total revenue [Choose] + Excess of total revenue over total expenses [Choose ] Something a company owns [Choose ] Categories under the main headings Assets, Liabilities, Owner's Equity [Choose ] Choose ] 4 Expresses the relationship between assets, liabilities, and owner's equity Taking...
help me please ? thank you ? 22) The following information pertains to Malabon Company as at September 30, 2022: • Note payable - bank, P3,500 • Accounts payable arising from purchase of goods, P112,500 • Dividends in arrears on preference shares, not yet declared, P25,000 • Share dividends payable, P20,000 • Income tax payable, P13,400 • Accrued liabilities, P4,200 Mortgage payable, P225,000 Customers' deposit, P8,900 Reserve for contingencies, P25,000 Based on the above date, what is the total amount...
amswer all Which of the following is true concerning non-depository intermediaries?! Question 35 Not yet answered Points out of 10 P Flag question Select one: a. Are limited to lending no more than what they receive from clients and customers O b. Create new money in the form of credit when making loans O c. Are only allowed to make interest-free loans to clients and customers d. All of the above Previous page Next page Question 26 Which of the...
A An accountant who just started their job is asking you for help in classifying each of the below accounts into the appropriate current asset or current liability account when preparing the company's Balance Sheet (year-end date of December 31st). He has already figured out which accounts belong in cash, but is having trouble with the rest (.e., the accounts listed below). For each account, please indicate the account category to which it belongs. If an account does not fit...
*Specifically looking for help with t-accounts and question 4, thank you!!* As a recently hired accountant for a small business, SMC, Inc., you are provided with last year’s balance sheet, income statement, and post-closing trial balance to familiarize yourself with the business. You are also given the following information that summarizes the business activity for the current year,2018 a. Issued 10,000 additional shares of common stock for $25,000 cash on January 1st. b. Borrowed $10,000 on March 1, 2018, from...
help me please ? thank you ? 21) W'Kabi Company provided the following data on December 31, 2017: Trade accounts payable, including cost of goods received on consignment of P150,000 Accrued taxes payable Customers' deposit W'Kabi Company as guarantor Bank overdraft Accrued electric and power bill Reserve for contingencies What total amount should be reported as current liabilities? A. 1,840,000 B. 1,740,000 c. 1,650,000 1,350,000 125,000 100,000 200,000 55,000 60,000 150,000 D. 1,540,000
Question Help EF1-18 (book/static) Consider the following accounting terms and definitions, and match each term to the definition: (Click to view the accounting terms and definitions.) Tern Definition 1. Sole proprietorship 2. Faithful representation 3. Partnership 4. IFRS 5. Corporation 6. Audit 7. Cost principle 8. FASB 9. Creditors 10. SEC Choose from any drop-down list and then click Check Answer Х More Info a. Set of global accounting guidelines, formulated by the IASB b. Holds that fair market value...