Cmputers r us is open seven days a week and has a daily

Assignment Help Accounting Basics
Reference no: EM13571175

Computers R Us is open seven days a week and has a daily payroll of $1750. Employees are paid every Friday, December 31 is a Tuesday. 30% of the payroll is for office employees, 70% of payroll is for sales employees.What would be my adjusting entry for this account?

Reference no: EM13571175

Questions Cloud

Explain why our society seems to be embracing the green : explain why our society seems to be embracing the green movement today.discuss how the burdens of pollution waste
Assume that the actual level of activity in 2012 was 30000 : for years daytona parts company has used an actual plantwide overhead rate and based its prices on cost plus a markup
The ramapo company produces two products blinks and dinks : the ramapo company produces two products blinks and dinks. they are manufactured in two departments fabrication and
Imagine the us as a nation that did not practice any types : imagine the u.s. as a nation that did not practice any types of religion. explain how this might affect society. from
Cmputers r us is open seven days a week and has a daily : computers r us is open seven days a week and has a daily payroll of 1750. employees are paid every friday december 31
Search the securities and exchange commissions edgar : search the securities and exchange commissions edgar corporate filings data base at httpwww.sec.govedgarhp.htm for the
Thirty years later in 1988 the average cost was 13 700 what : in 1958 the average tuition for one year at an ivy league was 1800. thirty years later in 1988 the average cost was 13
Barbara was injured in an automobile accident she has : barbara was injured in an automobile accident. she has threatened to file a suit against the other party involved in
Prepare a research proposal for a correlational research : questionprepare a research proposal for a correlational research study based on the following research topicage and job

Reviews

Write a Review

Accounting Basics Questions & Answers

  Which principle of accounting is being violated

Much has been written about accounting the accounting fraud and subsequent bankrupt of world com. The baltimore sun reported that "the fraud was brazen and easy to spot.

  Employer-sponsored qualified retirement plan

How much can Nick deduct if he is not covered by an employer-sponsored qualified retirement plan - how much can Nick deduct if he is covered by an employer-sponsored qualified retirement plan?

  The annual dividend on 360 cumulative preferred 400000

the annual dividend on 3.60 cumulative preferred 400000 shares authorized 180000 shares issued 148200 shares

  Adjusted basis for partnership interest

The distribution consists of $75,000 cash and property with an adjusted basis to the partnership of $20,000 and a fair market value of $25,000. Immediately before the distribution, Wendy's adjusted basis for her partnership interest is $90,000. We..

  Compute the required sales and target net income

For Turgo Company, variable costs are 60% of sales, and fixed costs are $195,000. Management's net income goal is $75,000. Compute the required sales in dollars needed to achieve management's target net income of $75,000.

  Appropriate liability account

Sylvester Company requires clients to pay in advance for legal services. One such client made a $4,000 payment on May 1, and Sylvester Company recorded this transaction in the appropriate liability account. As of May 20, the legal services that th..

  Income tax expense in income statement

HD determined that it was more likely than not that 30% of the deferred tax asset ultimately would not be realized. HD made no estimated tax payments during 2009. What amount should HD report as income tax expense in its 2009 income statement?

  What is the cost to groom one dog

What is Fido's net operating income for April and what is the cost to groom one dog?

  Make a chronological list of investments cash flows note

on january 2 20x1 bruce greene invested 10000 in the stock market and purchased 500 shares of heartland development

  Adjustment on a bank reconciliation

A check correctly written and paid by the bank for $395 is incorrectly recorded on the company's books for $359. The appropriate adjustment on a bank reconciliation would be to?

  Properly reflects the time value of money

Calculate the amount at which Lincoln should record the note payable and corresponding purchases on September 30, 2013, assuming that an interest rate of 10% properly reflects the time value of money in this situation.

  As an auditor what areas would be of interest to you if you

as an auditor what areas would be of interest to you if you discovered during the planning stages of the audit that

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd