Homework Answers
The answer is option E. None of the above
The adjusting entry to record the depreciation expense is
Dr. Depreciation Expense,Computer 250; Cr. Accumulated Depreciation, Computer 250.
Add Answer to:
Question 19 The monthly depreciation expense on Louis Ruiz Consulting Services computers. What is the adjusting...
Question 19 The monthly depreciation expense on Louis Rue Consulting Services computer is $250 What is...
Question 19 The monthly depreciation expense on Louis Rue Consulting Services computer is $250 What is the adjusting entry to record the depreciation expense? A Dr. Computer 250; Cr Cash 250 O Dr Cash 250: Cr. Computer 250 C. Dr. Depreciation Expense, Computer 250: Cr Cash 250 O Dr Accumulated Depreciation, Computer 250 Cr Cash 250 E None of the above Minhen Sthan WPC
Moving to the next question prevents changes to this answer. Question 13 For the journal entry--...
Moving to the next question prevents changes to this answer. Question 13 For the journal entry-- Dr. Cash 20000: Cr. Ruiz Capital 20000, what is the correct analysis of the journal entry? O A Cash, Asset, increases, Luis Ruiz, Equity. Capital, Decreases B. Cash, Asset, Increases, Luis Ruiz, Equity Capital, Increases O C Cash, Asset Increases; Luis Ruiz, Equity Expense, Increases OD Cash, Liability, Increases, Luis Ruiz, Equity.Capital, Decreases O E. None of the above Moving to the next question...
Question 20 What is the adjusting journal entry to record the accrual of 100 of unpaid...
Question 20 What is the adjusting journal entry to record the accrual of 100 of unpaid interest on a note payable? O A Dr. Interest Expense 100 C Cash 100 5. Dr Interest Payable 100 Cr Cash 100 O C. De Interest Expense 100 Cr Interest Payable.00 OD Dr. Interest Payable 190 Cr Interest Expense 100 E None of the above Click Submit to complete this assessment
Question 10 For the journal entry-- Dr. Accounts Receivable 4800; Cr. Consulting Revenues 4800, what is...
Question 10 For the journal entry-- Dr. Accounts Receivable 4800; Cr. Consulting Revenues 4800, what is the correct analysis of the journal entry? A Accounts Receivable Asset Increases: Consulting Revenues, Equity-Revenue Decreases 6. Accounts Receivable Asset, Increases, Consulting Revenues, Equity Revenue Increase Accounts Receivable, Asset, Decreases Consulting Revenues, Equity-Revenue increases O D. Accounts Receivable, Asset Decreases Consulting Revenues, Equity-Expense Increases E. None of the above Moving to the next question prevents changes to this answer.
Question 5 For the journal entry-Dr Accounts Receivable 4800; C. Consulting Revenues 4800 what is the...
Question 5 For the journal entry-Dr Accounts Receivable 4800; C. Consulting Revenues 4800 what is the correct analysis of the journal entry O A Accounts Receivable, Asses, increases: Consulting Revenues Equity Revenue Decreases B. Accounts Receivable, Asset, Increases, Consulting Revenues Equity-Revenue Increase c. Accounts Receivable Asset, Decreases, Consulting Revenues Equity Revenue increases OD Accounts Receivable Asset Decreases Consulting Revenues, Equity Expense Increases E. None of the above Moving to the next question prevents changes to this answer. ho
Prepare monthly adjusting journal entries for January 20X2 for the following items: Prepare monthly adjusting journal...
Prepare monthly adjusting journal entries for January 20X2 for the
following items:
Prepare monthly adjusting journal entries for January 20X2 for
the following items:
OLH5 IULIS. 1) Prepaid professional liability insurance was purchased for $3,200 on December 1, 20X1, and provides insurance coverage from December 1, 20X1, through March 31, 20X2 2) Prepaid rent was paid on December 1, 20X1, in the amount of $30,000 for the six- month period December 1, 20X1, through May 31, 20X2. 3) Equipment was...
please answer questions 1-9 Question 1 1 pts The Financial Statement that uses the Basic Accounting...
please answer questions 1-9
Question 1 1 pts The Financial Statement that uses the Basic Accounting Equation is: The Balance Sheet The Income Statement The Statement of Cash Flows All of them Question 2 1 pts Select the journal entry to correctly record services billed to clients. DR Fees Earned; CR Revenue DR Accounts Payable; CR Fees Earned DR Accounts Receivable; CR Cash DR Accounts Receivable; CR Fees Earned Question 3 Which of the following accounts is NOT closed during...
Prepare monthly adjusting journal entries for January 20X2 for the following items. 5) On January 2,...
Prepare monthly adjusting journal entries for January 20X2 for
the following items.
5) On January 2, 20X2, $20,000 was borrowed and recorded as a long-term note payable at an annual rate of 6%. The principal will be paid on January 2, 20X4. Interest will be paid monthly on the first of each month beginning February 1, 20X2 6) Recognized as client service revenue for client services performed during January $17,000 that had previously been recorded upon receipt in advance as...
kelly Pitney began her censulting busines, kelly Consulting For egete kelly on April 1, 2019. The...
kelly Pitney began her censulting busines, kelly Consulting For egete kelly on April 1, 2019. The accoenting cycle Consulting a April, includia financial in this chapter. During Hay kelly Consulting entered inato the follew ing transactiens: Statements, was illestrated May 3 Received cash from clents as an aduance payment for services to be preided and recorded t as onearned fees, 4,500 5, Received cash fram clients on account, 2, 450 9 Paid cash for a news paper advertisement, $225 13....
I need help with making sure the adjusting journal entries are correct and I'm not sure...
I need help with making sure the adjusting journal entries are
correct and I'm not sure why the adjusted trail balances aren't
equaling each other. Please help with both! The information for the
journal entries is the first posted piece of information starting
with On July 1, 2019.
| a. Use the following information to prepare adjusting entries for Broomfield Industries: On July 1, 2019, Broomfield Industries signed a 4.2% bank loan due in 3 years. This is the only...
Question 19 The monthly depreciation expense on Louis Rue Consulting Services computer is $250 What is the adjusting entry to record the depreciation expense? A Dr. Computer 250; Cr Cash 250 O Dr Cash 250: Cr. Computer 250 C. Dr. Depreciation Expense, Computer 250: Cr Cash 250 O Dr Accumulated Depreciation, Computer 250 Cr Cash 250 E None of the above Minhen Sthan WPC
Moving to the next question prevents changes to this answer. Question 13 For the journal entry-- Dr. Cash 20000: Cr. Ruiz Capital 20000, what is the correct analysis of the journal entry? O A Cash, Asset, increases, Luis Ruiz, Equity. Capital, Decreases B. Cash, Asset, Increases, Luis Ruiz, Equity Capital, Increases O C Cash, Asset Increases; Luis Ruiz, Equity Expense, Increases OD Cash, Liability, Increases, Luis Ruiz, Equity.Capital, Decreases O E. None of the above Moving to the next question...
Question 20 What is the adjusting journal entry to record the accrual of 100 of unpaid interest on a note payable? O A Dr. Interest Expense 100 C Cash 100 5. Dr Interest Payable 100 Cr Cash 100 O C. De Interest Expense 100 Cr Interest Payable.00 OD Dr. Interest Payable 190 Cr Interest Expense 100 E None of the above Click Submit to complete this assessment
Question 10 For the journal entry-- Dr. Accounts Receivable 4800; Cr. Consulting Revenues 4800, what is the correct analysis of the journal entry? A Accounts Receivable Asset Increases: Consulting Revenues, Equity-Revenue Decreases 6. Accounts Receivable Asset, Increases, Consulting Revenues, Equity Revenue Increase Accounts Receivable, Asset, Decreases Consulting Revenues, Equity-Revenue increases O D. Accounts Receivable, Asset Decreases Consulting Revenues, Equity-Expense Increases E. None of the above Moving to the next question prevents changes to this answer.
Question 5 For the journal entry-Dr Accounts Receivable 4800; C. Consulting Revenues 4800 what is the correct analysis of the journal entry O A Accounts Receivable, Asses, increases: Consulting Revenues Equity Revenue Decreases B. Accounts Receivable, Asset, Increases, Consulting Revenues Equity-Revenue Increase c. Accounts Receivable Asset, Decreases, Consulting Revenues Equity Revenue increases OD Accounts Receivable Asset Decreases Consulting Revenues, Equity Expense Increases E. None of the above Moving to the next question prevents changes to this answer. ho
Prepare monthly adjusting journal entries for January 20X2 for the
following items:
Prepare monthly adjusting journal entries for January 20X2 for
the following items:
OLH5 IULIS. 1) Prepaid professional liability insurance was purchased for $3,200 on December 1, 20X1, and provides insurance coverage from December 1, 20X1, through March 31, 20X2 2) Prepaid rent was paid on December 1, 20X1, in the amount of $30,000 for the six- month period December 1, 20X1, through May 31, 20X2. 3) Equipment was...
please answer questions 1-9
Question 1 1 pts The Financial Statement that uses the Basic Accounting Equation is: The Balance Sheet The Income Statement The Statement of Cash Flows All of them Question 2 1 pts Select the journal entry to correctly record services billed to clients. DR Fees Earned; CR Revenue DR Accounts Payable; CR Fees Earned DR Accounts Receivable; CR Cash DR Accounts Receivable; CR Fees Earned Question 3 Which of the following accounts is NOT closed during...
Prepare monthly adjusting journal entries for January 20X2 for
the following items.
5) On January 2, 20X2, $20,000 was borrowed and recorded as a long-term note payable at an annual rate of 6%. The principal will be paid on January 2, 20X4. Interest will be paid monthly on the first of each month beginning February 1, 20X2 6) Recognized as client service revenue for client services performed during January $17,000 that had previously been recorded upon receipt in advance as...
kelly Pitney began her censulting busines, kelly Consulting For egete kelly on April 1, 2019. The accoenting cycle Consulting a April, includia financial in this chapter. During Hay kelly Consulting entered inato the follew ing transactiens: Statements, was illestrated May 3 Received cash from clents as an aduance payment for services to be preided and recorded t as onearned fees, 4,500 5, Received cash fram clients on account, 2, 450 9 Paid cash for a news paper advertisement, $225 13....
I need help with making sure the adjusting journal entries are
correct and I'm not sure why the adjusted trail balances aren't
equaling each other. Please help with both! The information for the
journal entries is the first posted piece of information starting
with On July 1, 2019.
| a. Use the following information to prepare adjusting entries for Broomfield Industries: On July 1, 2019, Broomfield Industries signed a 4.2% bank loan due in 3 years. This is the only...
Most questions answered within 3 hours.
-
1 point) Given the significance level α=0.01 find the following:
(a) left-tailed z value z= (b)...
asked 45 seconds from now -
Calculate the expected value, the variance, and the standard
deviation of the given random variable X....
asked 1 minute ago -
Assume that in a hydrogen atom, the electron circles the nucleus
in a circle of radius...
asked 5 minutes ago -
Describe two obstacles that makes fixing atmospheric nitrogen
difficult.
asked 10 minutes ago -
T
F 53) Most differences
between human groups are the result of biology rather than
culture....
asked 14 minutes ago -
A 5.20 mW helium neon laser emits a visible laser beam with a
wavelength of 633...
asked 17 minutes ago -
Assignment:
Your
organization has made a strategic decision
to
outsourcework
currently performed in house. You have...
asked 16 minutes ago -
A hospital performs 100 surgeries per week. The probability that
complications after surgery occur is 10%....
asked 17 minutes ago -
In preparing its cash flow statement for the year ended December
31, 2018, Green Co. gathered...
asked 18 minutes ago -
Donna is 18 years old and full time accounting student.She is
saving for an overseas holiday...
asked 19 minutes ago -
Service-oriented architectures (SOA) provide
object-oriented architectures for web platforms that represent a
collection of services. SOA...
asked 19 minutes ago -
Le Terroir Winery is considering an expansion project to produce
fine wines. The trial expansion will...
asked 28 minutes ago