The ledger of Jahnke, Inc. on March 31, 2017, includes the following selected accounts before adjusting entries. Debit Credit Prepaid Insurance 2,400 Supplies 2,800 Equipment 34,500 Unearned Service Revenue 8,400 An analysis of the accounts shows the following. 1. Insurance expires at the rate of $200 per month. 2. Supplies on hand total $1,100. 3. The equipment depreciates $300 per month. 4. During March, services were performed for two-fifths of the unearned service revenue. Prepare the adjusting entries for the month of March.
Answers: 3
Business, 21.06.2019 20:50
Which of the following statements is not correct? 1) trade allows for specialization. 2) trade has the potential to benefit all nations. 3) trade allows nations to consume outside of their production possibilities curves. 4) absolute advantage is the driving force of specialization.
Answers: 3
Business, 22.06.2019 09:50
The returns on the common stock of maynard cosmetic specialties are quite cyclical. in a boom economy, the stock is expected to return 22 percent in comparison to 9 percent in a normal economy and a negative 14 percent in a recessionary period. the probability of a recession is 35 percent while the probability of a boom is 10 percent. what is the standard deviation of the returns on this stock?
Answers: 2
Business, 22.06.2019 21:00
Describe what fixed costs and marginal costs mean to a company.
Answers: 1
Business, 22.06.2019 22:30
When the price is the equilibrium price, we would expect there to be a causing the market to put pressure on the price until it went back to the equilibrium price. a. above; surplus; upward b. above; shortage; downward c. below; surplus; upward d. below; shortage; downward e. above; surplus; downward?
Answers: 2
The ledger of Jahnke, Inc. on March 31, 2017, includes the following selected accounts before adjust...
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