Business, 18.12.2019 01:31 gabby77778

How would each of the following items

be reported on the balance sheet?

(a) accrued vacation pay. (i) gift certificates sold to customers but not yet redeemed.

(b) estimated taxes payable. (j) premium offers outstanding.

(c) service warranties on appliance sales. (k) discount on notes payable.

(d) bank overdraft. (l) employee payroll deductions unremitted.

(e) personal injury claim pending. (m) current maturities of long-term debts to be paid from current assets.

(f) unpaid bonus to officers. (n) cash dividends declared but unpaid

(g) deposit received from customer to guarantee performance of a contract (o) dividends in arrears on preferred stock

(h) sales taxes payable. (p) loans from officers.

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 12:30

Is not a primary concern when writing menu copy.

Answers: 1

Answer

Business, 21.06.2019 13:40

Conner enterprises issued $120,000 of 10%, 5-year bonds with interest payable semi annually. determine the issue price of the bonds are priced to yield (a) 10%, (b) 8%, and (c) 12%. use financial calculator or excel to calculate answers. round answers to the nearest whole number.

Answers: 3

Answer

Business, 21.06.2019 21:00

The price of trade suppose that portugal and sweden both produce rye and wine. portugal's opportunity cost of producing a bottle of wine is 4 bushels of rye while sweden's opportunity cost of producing a bottle of wine is 10 bushels of rye. by comparing the opportunity cost of producing wine in the two countries, you can tell thatportugal/sweden has a comparative advantage in the production of wine.andportugal/sweden has a comparative advantage in the production of rye. suppose that portugal and sweden consider trading wine and rye with each other. portugal can gain from specialization and trade as long as it receives more rye for each bottle of wine it exports to sweden. similarly, sweden can gain from trade as long as it receives more bottles of wine for each bushel of rye it exports to portugal. based on your answer to the last question, which of the following prices of trade (that is, price of wine in terms of rye) would allow both sweden and portugal to gain from trade? a. 1 bushels of rye per bottle of wineb. 8 bushels of rye per bottle of winec. 9 bushels of rye per bottle of wined. 3 bushels of rye per bottle of wine

Answers: 3

Answer

Business, 22.06.2019 07:10

Walsh company manufactures and sells one product. the following information pertains to each of the company’s first two years of operations: variable costs per unit: manufacturing: direct materials $ 25 direct labor $ 12 variable manufacturing overhead $ 5 variable selling and administrative $ 4 fixed costs per year: fixed manufacturing overhead $ 400,000 fixed selling and administrative expenses $ 60,000 during its first year of operations, walsh produced 50,000 units and sold 40,000 units. during its second year of operations, it produced 40,000 units and sold 50,000 units. the selling price of the company’s product is $83 per unit. required: 1. assume the company uses variable costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 2. assume the company uses absorption costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 3. reconcile the difference between variable costing and absorption costing net operating income in year 1.

Answers: 3

Answer

You know the right answer?

How would each of the following items

be reported on the balance sheet?

(a)...

Questions