User Account

All Pages

Robert haddon contributed 70000 in cash and land worth

Assignment Help Accounting Basics
Reference no: EM13570045

Robert Haddon contributed $70,000 in cash and land worth $130,000 to open a new business, RH Consulting. Which of the following general journal entries will RH Consulting make to record this transaction?

Reference no: EM13570045

Questions Cloud

Benson company provides the following information sales : benson company provides the following information sales 24000 net income 5000 current assets 1200 current liabilities
In year 4 the companys variable costing net operating : in year 4 the companys variable costing net operating income was 240000 and its absorption costing net operating income
Lansbury manufacturing produces hair brushes the selling : lansbury manufacturing produces hair brushes. the selling price is 20 per unit and the variable costs are 8 per brush.
Lakshmi is single and provides you with the following tax : lakshmi is single and provides you with the following tax information for 2012 salary 200000 bank account interest 1000
Robert haddon contributed 70000 in cash and land worth : robert haddon contributed 70000 in cash and land worth 130000 to open a new business rh consulting. which of the
In 2010 toni purchased 100 shares of common stock in blue : in 2010 toni purchased 100 shares of common stock in blue corporation for 5280. in 2011 blue declared a stock dividend
California surplus inc qualifies to use the : california surplus inc. qualifies to use the installment-sales method for tax purposes and sold an investment on an
What is the value of this 20 year lease the first payment : what is the value of this 20 year lease? the first payment due one year from today is 2000 and each annual payment will
Mitchell company has total current assets of 45000 which : mitchell company has total current assets of 45000 which includes inventory of 10000 and current liabilities of 17300.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Carrying value-earnings for available-for-sale

Presented below are 3 unrelated situations involving equity securities: What is the effect upon carrying value and earnings for each of the situations above?

  Classify the direct materials and direct labor

Classify the above items into the categories direct materials, direct labor, and manufacturing overhead

  Rs is a small retailer located in a tourist district the

rs is a small retailer located in a tourist district. the company purchase their building 11 years ago at a cost

  Preventive or detective control plan

The controlled access to files, programs, and documentation is a principal responsibility of which of the following functions? 32. Which of the following personnel security control plans is corrective in nature as opposed to being a preventive or ..

  Petscans stock pays dividend once each year and it just

gail dribble is analyzing the shares of petscan radiology. petscans stock pays dividend once each year and it just

  The credit period begins with what date

Merchandise is ordered on June 13; the merchandise is shipped by the seller and the invoice is prepared, dated, and mailed by the seller on June 16

  Determining bond discount amortization

On June 1, 2009, Everly Bottle Company sold $400,000 in long-term bonds for $351,040. The bonds will mature in 10 years and have a stated interest rate of 8% and a yield rate of 10%.

  Sacred heart hospital purchased a 150000 special radiology

sacred heart hospital purchased a 150000 special radiology scanner from hospital supply inc. the scanner has a useful

  State with reasons that whether the following items are

state with reasons that whether the following items are capital or revenuea purchase of land.b installation of plant

  Compute the required purchases for april

Palermo Wholesalers is preparing its merchandise purchases budget. Budgeted sales are $400,000 for April and $475,000 for May. Cost of goods sold is expected to be 60% of sales.

  Requirement 1 in millions 2011 2012 2013contract price 340

requirement 1 in millions 2011 2012 2013contract price 340 340 340actual costs to date 70 150 200estimated costs to

  Use of the carryback provision

There were no permanent or temporary differences during these three years. The corporate tax rate is 30% for 2006 and 2007, and 40% for 2008. Assuming that Neasha elects to use the carryback provision, what income (loss) is reported in 2007?

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: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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