User Account

All Pages

How do reflect a placed order for the additional painting

Assignment Help Accounting Basics
Reference no: EM132462302

Question 1: How do you reflect a placed order for the additional painting equipment advertised at $20,000 on the summary of transaction (considering that the company has not received an order yet but paid for it)?

Question 2: Do you take the amount out of the cash and equity and retained earning?

Reference no: EM132462302

Questions Cloud

Compute the taxpayer casualty loss deduction : The insurance company reimbursed the taxpayer $2,000 for its loss. Compute the taxpayer's casualty loss deduction for the property
What is equity method balance in the investment in lindman : What amount of equity method income would Matthew recognize in 2018 from its ownership interest in Lindman?What is the equity method balance in the Investment
How should johnson corporation report transaction : How should Johnson Corporation report transaction Under U.S. GAAP? Under IFRS?If both companies are in agreement with the proposal
What is the market rate : ABC corp. issued a 3 and a half year, 4%, $100,000 of par value bonds on January 1, 2016. What is the market rate of the 3 1/2-year ABC bond
How do reflect a placed order for the additional painting : Determine How do you reflect a placed order for the additional painting equipment advertised at $20,000 on the summary of transaction ?
What is the balance in common stock : On January 1, Scuppernong Corporation's Common Stock account had a balance of $300,000, What is the balance in Common Stock appearing
Determine the recorded twice in the general ledger : Determine the recorded twice in the general ledger,Units on hand on December 31 that cost $5,600 were never recorded in the inventor account.
Calculate the depreciation expense and book value : Calculate the depreciation expense and book value as of December 31, 2020 under both the straight-line and double-declining-balance methods
What is the net cash saved : The equipment cost $200,000 on January 1, 2019. What is the net cash saved if the accelerated depreciation method is used in 2019

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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