User Account

All Pages

Prepare the adjusting entries

Assignment Help Accounting Basics
Reference no: EM132619605

Question - Prepare the adjusting entries based in the following information for the year ended 31 December 2017:

1. Office supplies unused at 31 December 2017 amount to $2320.

2. Unexpired insurance at 31 December 2017 is $540.

3. Office equipment is to be depreciated by $7400.

4. Salaries accrued but unrecorded on 31 December, $260.

5. Electricity accrued and unpaid, $830.

6. On 31 December, telephone charges of $425 have accrued but are unrecorded and unpaid.

7. Interest accrued on bank loan at 31 December was $250.

8. The Unearned Fees account includes $825 received for fees earned during December.

Reference no: EM132619605

Questions Cloud

What is the mbti and the 16 possible personality types : What is the MBTI and the 16 possible personality types? (Specify your references and citation)
Preparing graduate-level lecture for colleague : Assume you are a college professor preparing a graduate-level lecture for a colleague.
Analysis cash and accounts receivable : Analysis Cash, Accounts Receivable, Supplies, Equipment, Accounts Payable, Share Capital, and Retained Earnings. Revenue is called Service Revenue
What effect is haider behavior having on nasrullah khan : Is Haider's behavior merely passive (unassertive) or aggressive? Why or how?
Prepare the adjusting entries : Question - Prepare the adjusting entries based in the following information for the year ended 31 December 2017
Purpose of exercise is to explore ethics : The purpose of this exercise is to explore ethics and decision making within organizations.
Explain five steps to use scenario analysis : Explain five steps to use scenario analysis. Give 5 advantages and 5 disadvantages of scenario analysis.
Explain the history of cargill incorporated : Explain the history of Cargill Incorporated. Explain the vision, mission and objectives of Cargill Incorporated.
Explain the nestle sa company : Explain the nestle SA company. Explain also the vision, mission and objectives of the company.

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