The general ledger of sanchez company contained

Assignment Help Accounting Basics
Reference no: EM131140061

The general ledger of Sanchez Company contained the following Accounts Payable control account (in T-account form). Also shown is the related subsidiary ledger.

Instructions

(a) Indicate the missing posting reference and amount in the control account, and the missing ending balance in the subsidiary ledger.

(b) Indicate the amounts in the control account that were dual-posted (i.e., posted to the control account and the subsidiaryaccounts).  

Reference no: EM131140061

Questions Cloud

What kinds of contingency planning will you do : What potential problems do you need to prepare for? What kinds of contingency planning will you do? How do you prepare other stakeholders and associated developers and instructors for proper use of the learning materials?
What were some causes for the rift between fathers and sons : What were some of the causes for the rift between the "fathers" and the "sons?" What insight does the work that you have chosen provide about Russian history, society and culture?
Designing a training program on the topic of quality : You have been tasked with designing a training program on the topic of quality; the program is for a group of 150 production workers in a mid-sized manufacturing company. The employees come from a wide range of ethnic, cultural, educational, and expe..
Is the current flexible system less crisis-prone : Is the importance of spillover effects larger or smaller under flexible exchange rates, as opposed to fixed ones? Is macroeconomic management easier under one regime than the other?
The general ledger of sanchez company contained : Indicate the missing posting reference and amount in the control account, and the missing ending balance in the subsidiary ledger.
Explain the main factors that you should consider : Explain the main factors that you should consider before deciding whether to buy a laptop or a tablet - Identify the key features of a laptop and a tablet. Next, discuss three (3) important characteristics of each that might influence your decision..
Who would you consult during the risk identification phase : Who would you consult during the risk identification phase? How would you start the process of developing a risk management plan for the project? What rules are there for creating the Work breakdown structure ? Why is an accurate and comprehensive WB..
Benefits and risks of implementing virtual integration : Dell manages a small number of suppliers and serves its customers directly. It has enjoyed great success by implementing "Virtual Integration", which as described by Michael Dell seems to be a way of capturing the advantages of vertical integration w..
Develop a database of flight information : Develop a database of flight information - implement make reservation and cancel reservation functions. For make reservation menu, your program should ask the user to choose the flight available from your database.

Reviews

Write a Review

Accounting Basics Questions & Answers

  In january 2011 a keona company pays 2800000 for a tract of

in january 2011 a keona company pays 2800000 for a tract of land with two buildings on it. it plans to demolish

  Expectations theory-liquidity theory-market segmentation

Define and compare the following theories: expectations theory, liquidity theory, market segmentation theory, and preferred habitat hypothesis theory.

  Quality of information that confirms users

Qualitative characteristic being employed when companies in the same industry are using the same accounting principles and quality of information that confirms users' earlier expectations

  One particular client the lason family requested 46 jobs

andracki housecleaning provides housecleaning services to its clients. the company uses an activity-based costing

  What is the amount of gain

What is the amount of gain (loss) recognized by Rosa, Arvid, Pine, and Lodgepole on the organization?

  What is the difference in salaries between a bookkeeper

What is the difference in salaries between a bookkeeper and an accountant?

  Relationships between adjustments and the time period

Explain the relationships between adjustments and the following Chapter 3 concepts: (a) The time period assumption, (b) The revenue recognition principle, and (c) The expense recognition principle.

  Audit planning and control

Audit Planning and Control

  Stock of goods account

Furniture (debit balance) 20,000 Stock of Goods Account (debit balance) 70,000 S. Sircar (debit balance) 14,000 M. Mitra (debit balance)

  During 2014 the company produced and sold 100000 units

engineers at abc company developed the following standard costs for direct material and direct labour for one of their

  Compute the annual depreciation expense

Salvage value is estimated at $50,000. Actual activity was 180,000 units in 2004, and 200,000 units in 2006. Compute the annual depreciation expense for 2006.

  Basic understanding of several quantitative techniques

select a specific problem you see in the workplace (or, if you have limited work experience, that you would find it valuable to solve in your home life), and then identify what you wish to study. You must apply the theories and concepts from the c..

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