subject
Business, 08.02.2021 22:20 Lollipop1287

Pizza Express Inc. began the Year 2 accounting period with $9,500 cash, $7,500 of common stock, and $2,000 of retained earnings. Pizza Express was affected by the following accounting events during Year 2: Purchased $13,000 of supplies on account. Earned and collected $24,000 of cash revenue. Paid $11,500 cash on accounts payable. Adjusted the records to reflect the use of supplies. A phy

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 05:30
The struter partnership has total partners’ equity of $510,000, which is made up of main, capital, $400,000, and frist, capital, $110,000. the partners share net income and loss in a ratio of 80% to main and 20% to frist. on november 1, adison is admitted to the partnership and given a 15% interest in equity and a 15% share in any income and loss. prepare journal entries to record the admission of adison for a 15% interest in the equity and a 15% share in any income and loss under the following independent assumptions. (1) record the admission of adison with an investment of $90,000 for a 15% interest in the equity and a 15% share in any income and loss. (2) record the admission of adison with an investment of $120,000 for a 15% interest in the equity and a 15% share in any income and loss. (3) record the admission of adison with an investment of $80,000 for a 15% interest in the equity and a 15% share in any income and loss.
Answers: 1
question
Business, 22.06.2019 05:30
Suppose jamal purchases a pair of running shoes online for $60. if his state has a sales tax on clothing of 6 percent, how much is he required to pay in state sales tax?
Answers: 3
question
Business, 22.06.2019 12:40
Kumar consulting operates several stock investment portfolios that are used by firms for investment of pension plan assets. last year, one portfolio had a realized return of 12.6 percent and a beta coefficient of 1.15. the average t-bond rate was 7 percent and the realized rate of return on the s& p 500 was 12 percent. what was the portfolio's alpha?
Answers: 1
question
Business, 23.06.2019 00:00
Match each economic concept with the scenarios that illustrates it
Answers: 2
You know the right answer?
Pizza Express Inc. began the Year 2 accounting period with $9,500 cash, $7,500 of common stock, and...
Questions
question
Mathematics, 26.10.2021 07:50
Questions on the website: 13722361