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jamie wu

jamie w.

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ANSWERED

Breanna Ollech verified

Numerade educator

at the beginning od decemmber, coastal corporation had 1,000 in supplies on hand. during the mont, supplies purcahsed amounted to 3600 but by the end of the month the supplies balance was only 1400. what is the appropriate month end adjusting entry

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Breanna Ollech verified

Numerade educator

when a company pays 2000 dvidends to its stockholders how would the trasnaction be recorded

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Breanna Ollech verified

Numerade educator

on july 7 saintes incorporated received 10600 in cash from a customer from services to be provided on october 10. which of the following describes how the trasnaction should be record on july 7

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Breanna Ollech verified

Numerade educator

summer leasing received 11900 from a customer to cover 23 months of rent in advacne how should summer record this trasnaction

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Breanna Ollech verified

Numerade educator

assume net income was 230000 depreciation expense was 6900 accounts receivable decreased by 9000 and accounts payable decreased by 3300. teh amount of net cash flows from operated activites is

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Breanna Ollech verified

Numerade educator

moutnain excursions issues a b ond due in 10 years with a stated interest rate of 7% and a face amount of 200000. interest payments are made semiannually. the marktet rate for this type of bond is 6%. what is the issue price of the bond

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INSTANT ANSWER

carpenter incorporated estimates warranty expense at 2% of sales. Sales during the year were 11 million and warranty expenditures during the year were 50,500. what was the balance in the warranty liability account at the end of the year.

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Breanna Ollech verified

Numerade educator

on nov 1 2024, a company signed a 120000, 4%, sixmonths note payable with the amount borrowed plus accrued interest due six months later on May 1 2025. the company recorded accrued interest on december 31 2024. the payment of the note and interest on may 1 2025 causes assets to decres by 122,400 and which of the following?

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INSTANT ANSWER

assuming a current ratio of 1 and an acid test ratio of .8, how will the borrowing cashe by issuing a six month note payable affect each ratio?

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Breanna Ollech verified

Numerade educator

the ending retained earnings balance of lambert incorportaed increased 2.6 million from the beginning of the year. the companys net income earned during the year is 7.8 million. what is the amount of dvidence lambert incorporated declared and paid

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