Homework Answers
First of all I'll give you breif about Accounting terms used above
Assets are things/resources we own/have right to use for our benefit
Liabilities are the payable/things we owe
Retained earnings shows owners balance in accumulated form of profits.
I have solved point 1 in detail, hope it'll help you.
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i need help with these problems, i dont really understand how
it works and i need...
Hello, Can someone help me figure these problems out. Also, if you can, help me understand??...
Hello, Can someone help me figure these problems out. Also, if
you can, help me understand??
Workshop 2 Problems Student Q Search Shoot + View Doo Home Insert Page Layout Formulas X Cut Calitri (ody) 12 . Paste Format B IU. . 013 X V fic Data AA .A Review = - Ep Wrap Text Good Custom B y Autom. AY - Morge & Carter $ % ) A Conditional Format Fermeros To Check Cell Insert Delete Format Clear Fits...
New Microsoft Word Document Review View Help Search - 21 AoBbccdd Aabbccbd AaBba AaBbc AaB Aabbcc...
New Microsoft Word Document Review View Help Search - 21 AoBbccdd Aabbccbd AaBba AaBbc AaB Aabbcc Abod Abbcod 1 Normal 1 No Spac... Heading 1 Heading 2 Title Subtitle Subtle Em.. Emphasis Paragraph Styles A business borrowed $52,936 on March 1 of the current year by signing a 30 day, 12% interest bearing note. Assuming a 360-day year, when the note is paid on March 31, the entry to record the payment should include a debit to Interest Payable for...
C с Chapman Company obtains 100 percent of Abernethy Company's stock on January 1, 2020. As...
C с Chapman Company obtains 100 percent of Abernethy Company's stock on January 1, 2020. As of that date, Abernethy has the following trial balance: Debit Credit $ 57,600 $ 40,600 50,000 126,000 65,750 Accounts payable Accounts receivable Additional paid-in capital Buildings (net) (4-year remaining life) Cash and short-term investments Common stock Equipment (net) (5-year remaining life) Inventory Land Long-term liabilities (nature 12/31/23) Retained earnings, 1/1/20 Supplies Totals 250,000 390,000 100,000 110,000 187,500 306,850 19,600 $851,950 $ 851,950 During 2020,...
i dont understand this i need help please. Table 2. Standard Reduction Potentials for Some Metal...
i dont understand this i need help please.
Table 2. Standard Reduction Potentials for Some Metal Cations, in volts 1.50 Au" (aq) + 3e → Au(s) Pt* (aq) + 2e → Pt(s) 1.2 0.885 0.799 0.521 0.337 0.000 Hg2+ (aq) + 2e → Hg(e) Ag+ (aq) + e → Ag(s) Cu (aq) + e + Cu(s) Cu?* (aq) + 2e → Cu(s) 2H+ (aq) + 2e → Ha@ Pb2+ (aq) + 2e Pb(s) Sn(aq) + 2e → Sn() Ni?" (aq)...
need help with balancing.Not sure what i did wrong and question 1 i did send everything...
need help with balancing.Not sure what i did wrong and
question 1
i did send everything i have
U1 A220 BCDEFGHIJ Module 3 Assignment: Prepare the statement of retained earnings and balance sheet for Ma and Pa Calculate the current ratio for the year. Sales Revenue Equipment Accounts Payable Sales Discounts Advertising Expense Interest Expense Wages Payable Accounts Receivable Building Common Stock Sales returns and Allownaces Utilities Expense Inventory Commission Expense Cost of goods sold Accumulated depreciation equipment Unearned sales...
i need help on understanding this problem a little better. Dr. Etana Jenson is a podiatrist....
i
need help on understanding this problem a little better.
Dr. Etana Jenson is a podiatrist. As of December 31, Jenson owned the following assets related to the professional practice: Cash $6,600 X-ray Equipment $9,000 Office Equipment 3,500 Laboratory Equipment 3,000 As of that date, Jenson owed business suppliers as follows: Top Flight Office Equipment Co. $3,000 Dunhill Medical Supplies Company 1,000 Island Gas Company 2,200 Required: a. Compute the amount of assets, liabilities, and owners' equity as of December...
E to E A. E EE 21 AaBbCcDc AabbCcDc AaBb C AaBbccc AaB 1 Normal 1...
E to E A. E EE 21 AaBbCcDc AabbCcDc AaBb C AaBbccc AaB 1 Normal 1 No Spac... Heading 1 Heading 2 Title 17 Paragraph Styles CABOT CORPORATION Income Statement For Current Year Ended December 31 Sales $ 454,600 Cost of goods sold 298,150 Gross profit 156,450 Operating expenses 98,800 Interest expense 4,000 Income before taxes 53, 650 Income tax expense 21, 612 Net income $ 32,038 o CABOT CORPORATION Balance Sheet December 31 Assets Liabilities and Equity Cash "$...
need answers to questions 1-4 Me 9Search ACC111 GroupProjectilnstructions_V1a.docx - Saved Help View Review Mailings References...
need answers to questions 1-4
Me 9Search ACC111 GroupProjectilnstructions_V1a.docx - Saved Help View Review Mailings References Layout AaBbCcD AaBbCcDx AaBbi AaBbCcC AaB A 1 Normal 1 No Spac. Heading 1 Heading 2 A A Aa- Ap Title A-D- A- Styles Paragraph Group Project 1 Let's examine a case using Sal's Silly Song Corporation and Greg's Tunes Corporation. It is now the end of the first year of operations and both company's want to know how well they came out at...
Please don't write by hand. I can't read it clearly The equity sections for Atticus Group...
Please don't write by hand. I can't read it clearly
The equity sections for Atticus Group at the beginning of the year (January 1) and end of the year (December 31) follow. Stockholders' Equity January 1 Common stock-$4 par value, 100, 000 shares authorized, 40,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 160,000 120,000 320,000 $ 600,000 Stockholders' Equity (December 31) Common stock-$4 par value, 100, 000 shares...
i I need answer as soon as possible. thanks H 2-0 AutoSave C - Assignment 1(C12)...
i
I need answer as soon as possible.
thanks
H 2-0 AutoSave C - Assignment 1(C12) - Protected View - Saved to this PC Search Fiza Garg (gargf1) +9 ca File Home Insert Design Layout References Mailings Review View Help Share Comments PROTECTED VIEW Be careful-files from the Internet can contain viruses. Unless you need to edit, it's sater to stay in Protected View Enable Editing 2.1.1.1.3.1.1.1.2.1.3.1.4.1.5.1.1.1.1.3.1.9. 1.10. 11. 12: 1.13.1 14 1 15.1.10 3.111.11.19 COM2014.CD&2020 hal Assignment (Ch1&2) Que...
Hello, Can someone help me figure these problems out. Also, if
you can, help me understand??
Workshop 2 Problems Student Q Search Shoot + View Doo Home Insert Page Layout Formulas X Cut Calitri (ody) 12 . Paste Format B IU. . 013 X V fic Data AA .A Review = - Ep Wrap Text Good Custom B y Autom. AY - Morge & Carter $ % ) A Conditional Format Fermeros To Check Cell Insert Delete Format Clear Fits...
New Microsoft Word Document Review View Help Search - 21 AoBbccdd Aabbccbd AaBba AaBbc AaB Aabbcc Abod Abbcod 1 Normal 1 No Spac... Heading 1 Heading 2 Title Subtitle Subtle Em.. Emphasis Paragraph Styles A business borrowed $52,936 on March 1 of the current year by signing a 30 day, 12% interest bearing note. Assuming a 360-day year, when the note is paid on March 31, the entry to record the payment should include a debit to Interest Payable for...
C с Chapman Company obtains 100 percent of Abernethy Company's stock on January 1, 2020. As of that date, Abernethy has the following trial balance: Debit Credit $ 57,600 $ 40,600 50,000 126,000 65,750 Accounts payable Accounts receivable Additional paid-in capital Buildings (net) (4-year remaining life) Cash and short-term investments Common stock Equipment (net) (5-year remaining life) Inventory Land Long-term liabilities (nature 12/31/23) Retained earnings, 1/1/20 Supplies Totals 250,000 390,000 100,000 110,000 187,500 306,850 19,600 $851,950 $ 851,950 During 2020,...
i dont understand this i need help please.
Table 2. Standard Reduction Potentials for Some Metal Cations, in volts 1.50 Au" (aq) + 3e → Au(s) Pt* (aq) + 2e → Pt(s) 1.2 0.885 0.799 0.521 0.337 0.000 Hg2+ (aq) + 2e → Hg(e) Ag+ (aq) + e → Ag(s) Cu (aq) + e + Cu(s) Cu?* (aq) + 2e → Cu(s) 2H+ (aq) + 2e → Ha@ Pb2+ (aq) + 2e Pb(s) Sn(aq) + 2e → Sn() Ni?" (aq)...
need help with balancing.Not sure what i did wrong and
question 1
i did send everything i have
U1 A220 BCDEFGHIJ Module 3 Assignment: Prepare the statement of retained earnings and balance sheet for Ma and Pa Calculate the current ratio for the year. Sales Revenue Equipment Accounts Payable Sales Discounts Advertising Expense Interest Expense Wages Payable Accounts Receivable Building Common Stock Sales returns and Allownaces Utilities Expense Inventory Commission Expense Cost of goods sold Accumulated depreciation equipment Unearned sales...
i
need help on understanding this problem a little better.
Dr. Etana Jenson is a podiatrist. As of December 31, Jenson owned the following assets related to the professional practice: Cash $6,600 X-ray Equipment $9,000 Office Equipment 3,500 Laboratory Equipment 3,000 As of that date, Jenson owed business suppliers as follows: Top Flight Office Equipment Co. $3,000 Dunhill Medical Supplies Company 1,000 Island Gas Company 2,200 Required: a. Compute the amount of assets, liabilities, and owners' equity as of December...
E to E A. E EE 21 AaBbCcDc AabbCcDc AaBb C AaBbccc AaB 1 Normal 1 No Spac... Heading 1 Heading 2 Title 17 Paragraph Styles CABOT CORPORATION Income Statement For Current Year Ended December 31 Sales $ 454,600 Cost of goods sold 298,150 Gross profit 156,450 Operating expenses 98,800 Interest expense 4,000 Income before taxes 53, 650 Income tax expense 21, 612 Net income $ 32,038 o CABOT CORPORATION Balance Sheet December 31 Assets Liabilities and Equity Cash "$...
need answers to questions 1-4
Me 9Search ACC111 GroupProjectilnstructions_V1a.docx - Saved Help View Review Mailings References Layout AaBbCcD AaBbCcDx AaBbi AaBbCcC AaB A 1 Normal 1 No Spac. Heading 1 Heading 2 A A Aa- Ap Title A-D- A- Styles Paragraph Group Project 1 Let's examine a case using Sal's Silly Song Corporation and Greg's Tunes Corporation. It is now the end of the first year of operations and both company's want to know how well they came out at...
Please don't write by hand. I can't read it clearly
The equity sections for Atticus Group at the beginning of the year (January 1) and end of the year (December 31) follow. Stockholders' Equity January 1 Common stock-$4 par value, 100, 000 shares authorized, 40,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 160,000 120,000 320,000 $ 600,000 Stockholders' Equity (December 31) Common stock-$4 par value, 100, 000 shares...
i
I need answer as soon as possible.
thanks
H 2-0 AutoSave C - Assignment 1(C12) - Protected View - Saved to this PC Search Fiza Garg (gargf1) +9 ca File Home Insert Design Layout References Mailings Review View Help Share Comments PROTECTED VIEW Be careful-files from the Internet can contain viruses. Unless you need to edit, it's sater to stay in Protected View Enable Editing 2.1.1.1.3.1.1.1.2.1.3.1.4.1.5.1.1.1.1.3.1.9. 1.10. 11. 12: 1.13.1 14 1 15.1.10 3.111.11.19 COM2014.CD&2020 hal Assignment (Ch1&2) Que...
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