subject
Business, 15.11.2019 17:31 tot92

The following is selected information from pina colada corp. for the fiscal year ending october 31, 2022. cash received from customers $33 revenue recognized 484000 cash paid for expenses 187000 cash paid for computers on november 1, 2021 that will be used for 3 years 52800 expenses incurred including any depreciation 237600 proceeds from a bank loan, part of which was used to pay for the computers 11 based on the accrual basis of accounting, what is pina colada's net income for the year ending october 31, 2022?

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 17:40
Sodas in a can are supposed to contain an average of 12 ounces. this particular brand has a standard deviation of 0.1 ounces, with an average of 12.1 ounces. if the can's contents follow a normal distribution, what is the probability that the mean contents of a six pack are less than 12 ounces?
Answers: 2
question
Business, 21.06.2019 20:40
Balances for each of the following accounts appear in an adjusted trial balance. identify each as an asset, liability, revenue, or expense. 1. accounts receivable 2. equipment 3. fees earned 4. insurance expense 5. prepaid advertising 6. prepaid rent 7. rent revenue 8. salary expense 9. salary payable 10. supplies 11. supplies expense 12. unearned rent
Answers: 3
question
Business, 21.06.2019 21:00
During the first month of operations, martinson services, inc., completed the following transactions: jan 2 martinson services received $65,000 cash and issued common stock to the stockholders. 3 purchased supplies, $1,000, and equipment, $12,000, on account. 4 performed services for a customer and received cash, $5,500. 7 paid cash to acquire land, $39,000. 11 performed services for a customer and billed the customer, $4,100. martinson expects to collect within one month 16 paid for the equipment purchased january 3 on account. 17 paid for newspaper advertising, $600. 18 received partial payment from customer on account, $2,000. 22 paid the water and electricity bills, $430. 29 received $2,600 cash for servicing the heating unit of a customer. 31 paid employee salary, $2,900. 31 declared and paid dividends of $1,800. requirements 1. record each transaction in the journal. key each transaction by date. explanations are not required. 2. post the transactions to the t-accounts, using transaction dates as posting references. label the ending balance of each account bal, as shown in the chapter. 3. prepare the trial balance of martinson services, inc., at january 31 of the current year. 4. mark martinson, the manager, asks you how much in total resources the business has to work with, how much it owes, and whether january was profitable (and by how much)?
Answers: 1
question
Business, 21.06.2019 22:50
What happens when a bank is required to hold more money in reserve?
Answers: 3
You know the right answer?
The following is selected information from pina colada corp. for the fiscal year ending october 31,...
Questions
question
Mathematics, 20.08.2020 14:01
question
Mathematics, 20.08.2020 14:01
question
Geography, 20.08.2020 14:01
question
English, 20.08.2020 14:01
question
Mathematics, 20.08.2020 14:01
Questions on the website: 13722363