Business, 11.02.2020 21:50 agarza0326
Eckholm Company records all prepayments in income statement accounts. At April 30, the trial balance shows Supplies Expense $2,800, Service Revenue $9,200, and zero balances in related balance sheet accounts. Prepare the adjusting entries at April 30 assuming (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)
(a) $400 of supplies on hand and
(b) $3,000 of service revenue should be reported as unearned.
Answers: 3
Another question on Business
Business, 21.06.2019 20:30
marketing strategies should be established before marketing objectives are decided. t/f
Answers: 1
Business, 23.06.2019 00:40
Assume the total cost of a college education will be $250,000 when your child enters college in 17 years. you presently have $69,000 to invest. what annual rate of interest must you earn on your investment to cover the cost of your child’s college education? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Answers: 2
Business, 23.06.2019 02:00
Which of the following is the best example of substitution? a. movie producers begin making more comedies because they cost less to make than action films. b. people walk out before the end of a movie because the acting and the plot are terrible. c. people at the movie theater switch from popcorn to candy because popcorn has gotten too expensive. d. more people begin going to matinee movies instead of night movies to save money on the tickets.
Answers: 2
Business, 23.06.2019 02:30
Complete electronics inc. sells a point-of-sale computer with a two-year service contract. complete collects $ 2 comma 500 cash for the selling price of the computer and $ 576 for the two-year service contract. how is revenue recognized?
Answers: 2
You know the right answer?
Eckholm Company records all prepayments in income statement accounts. At April 30, the trial balance...
Questions
Computers and Technology, 19.10.2019 05:20
