User Account

All Pages

The bookkeeper for oglesby company asks

Assignment Help Accounting Basics
Reference no: EM131138797

The bookkeeper for Oglesby Company asks you to prepare the following accrued adjusting entries at December 31.

1. Interest on notes payable of $400 is accrued.

2. Services provided but not recorded total $1,500.

3. Salaries earned by employees of $900 have not been recorded.

Use the following account titles: Service Revenue, Accounts Receivable, Interest Expense, Interest Payable, Salaries Expense, and Salaries Payable. 

Reference no: EM131138797

Questions Cloud

Prepaid insurance unearned service revenue : The type of adjusting entry (prepaid expenses, unearned revenues, accrued revenues, and accrued expenses) and
What do you believe is the purpose of criminal law : What do you believe is the purpose of Criminal Law? How would you define a Crime? How are crimes classified. There are four "categories." What are they and how are they defined
Warehouse to serve its northeast region : Quick Transport Logistics (QTL) is considering where to locate its warehouse to serve its northeast region. The search has been narrowed to two competing locations and QTL has decided to use Factor Rating to make their decision. They have listed the ..
What countermeasures are in place : How will you assess the probability of the threat or hazard occurring? Given what you know from the answers to the above mentioned questions, what mitigation strategies would you recommend to deal with your hazard or threat? Why?
The bookkeeper for oglesby company asks : Use the following account titles: Service Revenue, Accounts Receivable, Interest Expense, Interest Payable, Salaries Expense, and Salaries Payable.
Does business research face similar issues : When doing research involving human subjects’ researchers are required to have their proposals reviewed and approved by an Institutional Research Board (sometimes this is named differently). Why might this not be sufficient to address ethical issues ..
What would be the total combined direct labor cost : Morie Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.71 direct labor-hours. What would be the total combined direct labor cost for the two months?
Peppercorn dining case study : What concepts or models would help to analyze the data collected? What conclusions would you draw from the analysis? How should the feedback session be designed? Organizational Development and Change, 10th edition Cummings (Peppercorn Dining Case Stu..
What strengths and weaknesses did they identify : As part of your first assignment, you were asked to send the PAMS assessment to three (3) of your peers. By now you should have received those evaluations. Review their responses and compare them to your own assessment. How did their assessment..

Reviews

Write a Review

Accounting Basics Questions & Answers

  Determine the appropriate balance

Determine the appropriate balance between unfettered free speech and the duties of public employees. Provide specific examples to support your response.

  Determine the amount to be capitalized by lessor

Calculate the annual rental - determine the amount to be capitalized by Lessor

  Case study of polo ralph lauren corporation

Polo Ralph Lauren Corporation designs, markets, and distributesa variety of apparel, home décor, accessory, and fragranceproducts. The company's products include such brands asPolo by Ralph Lauren, Ralph Lauren Purple Label, Ralph Lauren PoloJ..

  The following stockholders equity accounts arranged

the following stockholders equity accounts arranged alphabetically are in the ledger of southern corporation at

  Difference between the cost method and the equity method

Briefly explain the difference between the cost method and the equity method

  Determine activity-based costing and traditional costing

How would you describe activity based costing? Also, can you explain why it might result in more accurate product costing information than the product cost derived under the traditional costing approach?

  The entry to record the requisition of supplies

The entry to record the requisition of supplies from the storeroom would include which of the following?

  The varone company makes a single product called a hom the

the varone company makes a single product called a hom. the company has the capacity to produce 40000 homs per year.

  What is the amount of the annual depreciation

A refrigerator used by a meat processor has a cost of $93,750, an estimated residual value of $10,000, and an estimated useful life of 25 years. What is the amount of the annual depreciation computed by the straight-line method?

  Why is stock-based compensation added to net income

How is the undelivered portion of Microsoft's sales of Windows XP Professional recorded initially?

  Which option would you prefer and why

Big Al's Pizza Managerial Accounting Part Seven: Using net present value (NPV) analysis compare the present value of the lease payments with the cost of buying the equipment to replace the leased equipment as explained in Part Seven. Assume a 10% ..

  Discuss the major staffing policies that global

what are the major staffing policies that global organizations must consider? how must an organization choose among

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