The supplies inventory, The supplies inventory on August 1,

The supplies inventory

Reference no: EM13935574

Present, in journal form, the adjustments that would be made on July 31, 2013, the end of the fiscal year, for each of the following.

1. The supplies inventory on August 1, 2012 was $7,350. Supplies costing $22,150 were acquired during the year and charged to the supplies inventory. A count on July 31, 2013 indicated supplies on hand of $8,810.

2. On April 30, a ten-month, 6% note for $20,000 was received from a customer.

*3. On March 1, $12,000 was collected as rent for one year and a nominal account was credited.

Reference no: EM13935574

Questions Cloud

Austraria or a major river in another country : students are to write a retter home to their parents expraining the water crises and arguing for or against the use of recycled water.GEOGRAPHY:

Describe five ways of getting dna into a cell : Define restriction enzymes, and outline how they are used to make recombinant DNA. Outline the PCR process and provide an example of its use.

Javascript program that will read a message string : Write a JavaScript program that will read a message string and a number from text boxes on a Web page. The program will then use those values to display some information to the user.

Evaluating a companys external environment : The design of robust value-creating supply chain networks. Focused swot: diagnosing critical strengths and weaknesses and Evaluating a companys external environment

The supplies inventory : The supplies inventory on August 1, 2012 was $7,350. Supplies costing $22,150 were acquired during the year and charged to the supplies inventory. A count on July 31, 2013 indicated supplies on hand of $8,810.

What is dollar amount of cash flows that baxter will receive : Baxter plans to hedge its cash flows with a forward contract. What is the dollar amount of cash flows that Baxter will receive in five years if it accepts this project?

Identify corporate governance requirements : Identify corporate governance requirements described in the case study and in provided policy documents for the organisation. Identify corporate governance requirements described in the listed published sources of information. Page 4

Determine the npv under the given conditions : Determine the NPV under these conditions. Rather than use all cash, Cantoon could partially finance the acquisition. It could obtain a loan of 3 million euros today that would be used to cover a portion of the acquisition.

Prepare an organized report for the strategic officers : For the purpose of this course, it is located it in Tennessee. As members of the senior management team of ToolsCorp Corporation, your group has been asked to prepare a neat and organized report for the Strategic Officers Steering Committee (SOS-C..

User Account

All Pages