subject
Business, 24.02.2021 20:10 netflixacc0107

Where do temporary account balances go at the end of an accounting period?

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 10:00
Frolic corporation has budgeted sales and production over the next quarter as follows. the company has 4100 units of product on hand at july 1. 10% of the next months sales in units should be on hand at the end of each month. october sales are expected to be 72000 units. budgeted sales for september would be: july august september sales in units 41,500 53,500 ? production in units 45,700 53,800 58,150
Answers: 3
question
Business, 22.06.2019 11:30
What would you do as ceo to support the goals of japan airlines during the challenging economics that airlines face?
Answers: 1
question
Business, 22.06.2019 12:50
You are working on a bid to build two city parks a year for the next three years. this project requires the purchase of $249,000 of equipment that will be depreciated using straight-line depreciation to a zero book value over the three-year project life. ignore bonus depreciation. the equipment can be sold at the end of the project for $115,000. you will also need $18.000 in net working capital for the duration of the project. the fixed costs will be $37000 a year and the variable costs will be $148,000 per park. your required rate of return is 14 percent and your tax rate is 21 percent. what is the minimal amount you should bid per park? (round your answer to the nearest $100) (a) $214,300 (b) $214,100 (c) $212,500 (d) $208,200 (e) $208,400
Answers: 3
question
Business, 22.06.2019 13:30
On january 2, well co. purchased 10% of rea, inc.’s outstanding common shares for $400,000, which equaled the carrying amount and the fair value of the interest purchased in rea’s net assets. well did not elect the fair value option. because well is the largest single shareholder in rea, and well’s officers are a majority on rea’s board of directors, well exercises significant influence over rea. rea reported net income of $500,000 for the year and paid dividends of $150,000. in its december 31 balance sheet, what amount should well report as investment in rea?
Answers: 3
You know the right answer?
Where do temporary account balances go at the end of an accounting period?...
Questions
question
Mathematics, 15.11.2021 01:00
question
Spanish, 15.11.2021 01:00
question
World Languages, 15.11.2021 01:00
question
Mathematics, 15.11.2021 01:00
question
Mathematics, 15.11.2021 01:00
question
Mathematics, 15.11.2021 01:00
question
Mathematics, 15.11.2021 01:00
question
English, 15.11.2021 01:00
question
Mathematics, 15.11.2021 01:00
question
History, 15.11.2021 01:00
Questions on the website: 13722367