Nbridge IGCSE and 7Melissa's financial year ends on 30 November.
On 30 November 20-5 Melissa's ledger accounts included the following:
$
Sales for the year
74 300
Rates, including a prepayment of $40
1080
Inventory 1 December 20-4
4650
On 30 November 20-5:
1 Melissa discovered that no entry had been made to record the purchase of equipment,
$5200, on credit from SQ Limited.
2 $56 owing by Roddy, a credit customer, should be written off as irrecoverable.
3 Inventory was valued at $5110.
4 Equipment should be depreciated by $790.
Prepare journal entries to record the above transactions, including transfers to the income
statement. Narratives are required.

At a roundabout, you must yield to a. already in the roundaboutb. entering the roundaboutc. only if their turn signal is ond. only if they honk at you

Transactions that affect earnings do not necessarily affect cash. identify the effect, if any, that each of the following transactions would have upon cash and net income. the first transaction has been completed as an example. (if an amount reduces the account balance then enter with negative sign preceding the number e.g. -15,000 or parentheses e.g. (15, cash net income (a) purchased $120 of supplies for cash. –$120 $0 (b) recorded an adjustment to record use of $35 of the above supplies. (c) made sales of $1,370, all on account. (d) received $700 from customers in payment of their accounts. (e) purchased equipment for cash, $2,450. (f) recorded depreciation of building for period used, $740. click if you would like to show work for this question: open show work

Which of the following is an example of a production quota? a. the government sets an upper limit on the quantity that each dairy farmer can produce. b. the government sets a price floor in the market for dairy products. c. the government sets a lower limit on the quantity that each dairy farmer can produce. d. the government guarantees to buy a specified quantity of dairy products from farmers.