User Account

All Pages

What account will ochoa debit on january

Assignment Help Accounting Basics
Reference no: EM132689394

On January 30, Ochoa Company performed services for one of its client and billed the client for the amount due. On February 28, Ochoa collected the total amount billed.

Question 1. What account will Ochoa debit on January 30?

a. Unearned Revenue
b. Revenue
c. Cash
d. Account Payable
e. Accounts Receivable

Question 2. What account will Ochoa credit on January 30?

a. Unearned Revenue
b. Revenue
c. Cash
d. Account Payable
e. Accounts Receivable

Question 3. What account will Ochoa debit on February 28?

a. Unearned Revenue
b. Revenue
c. Cash
d. Account Payable
e. Accounts Receivable

Question 4. What account will Ochoa credit on February 28?

a. Unearned Revenue
b. Revenue
c. Cash
d. Account Payable
e. Accounts Receivable

Reference no: EM132689394

Questions Cloud

Discuss the federal reserve low interest rate : Discuss the Federal Reserve's low interest rate policybond-purchase program and and how it resulted in declining corporate bond defaults and increasing sales of
What amount of the adjusting journal entry on december is : The journal entry on February 1, 2019 would include a debit to which account? What amount of the adjusting journal entry on December 31 2019 is
Calculate the net present value of the merger-abc ltd : The cost of capital for the acquisition is 10.9%. Calculate the net present value of the merger
How is networking necessary for building a successful career : How is networking necessary for building a successful career? Identify the networking strategy you think is the most effective for the job search.
What account will ochoa debit on january : What account will Ochoa debit on January 30? On January 30, Ochoa Company performed services for one of its client and billed the client for the amount due.
What is a death-denying society : What is Hospice Care? Use and cite references. What is a death-denying society? Use and cite references. Give examples of how death-denying societies impact.
Immunize the portfolio against changes in interest rates : How should the portfolio manager immunize the portfolio against changes in interest rates in the near term? Please indicate the number of contracts long or shor
What account will ochoa credit on february : On January 30, Ochoa Company received $50,000 from a client to design a new product line. What account will Ochoa credit on February 28?
The journal entry would include a credit to which account : The journal entry would include a Frank Company purchased a building and paid $50,000 cash. debit to which account? Building Expense

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