The balance in the unearned fees account

Assignment Help Accounting Basics
Reference no: EM131127410

1. The balance in the unearned fees account, before adjustment at the end of the year, is $38,375. Journalize the adjusting entry required if the amount of unearned fees at the end of the year is $17,200.

Reference no: EM131127410

Questions Cloud

Nonprofessionals can do the work of professionals : If we believe nonprofessionals can do the work of professionals, aren't we setting them up for failure?
The emission or absorption of visible light : An imaginary atom has just 3 energy levels: 0 eV, 1 eV, and 3 eV. Draw an energy-level diagram for this atom. Which portions involve the transitions involve the emission or absorption of visible light
Write an essay on the topic dr google health risk : Topic : Dr. Google Health Risk
How long does the project take to complete : How long does the project take to complete? We ask the engineer working on activity A to factor in uncertainty in activity times and to provide better estimates of the activity times. The engineers tell us that activity A takes 1 week 50% of the time..
The balance in the unearned fees account : The balance in the unearned fees account, before adjustment at the end of the year, is $38,375. Journalize the adjusting entry required if the amount of unearned fees at the end of the year is $17,200.
Calculate the circular velocity of jupiter : Calculate the circular velocity of Jupiter and the Earth in units of km/s. (use .67 x 10-11 m3/kg/s2, kg, .2 AU, and .0 AU)
Calculate the amount of heat flowing per second : Calculate the amount of heat flowing per second through a cross-section of the bent part if the total heat taken out per second from the end at 100°C is 130 J.
What is socialization : How does an organization ensure a fit between its associates’ values and its organizational culture? How does an organization choose groups or teams? (a) What is socialization? (b) Describe a situation in which you were socialized into an organizatio..
The prepaid insurance account had a balance : The prepaid insurance account had a balance of $5,400 at the beginning of the year. The account was debited for $6,000 for premiums on policies purchased during the year.

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.

  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!

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