What is the adjusting entry

Assignment Help Accounting Basics
Reference no: EM132724729

Question - The Ohio Company performed services for a customer in the amount of $5,000 on 12/18/16, but has not had time to send a bill. What is the adjusting entry?

Reference no: EM132724729

Questions Cloud

What is its gross profit and its gross profit rate : Sandhill Co. has net sales of $132,000, cost of goods sold of $60,000, and operating expenses of $22,000. What is its gross profit and its gross profit rate
Find and journalize the formation of the partnership : Journalize the formation of this partnership. J. Gould brings with her $9500 cash and an automobile that was purchased for $30,000. Accumulated amortization
Examples of using berry success model in healthcare : What is the value of Leonard Berry's Success Sustainability Model as a management tool for communication drivers of excellence that will yield sustained success
Solve weighted average number of common share outstanding : Calculate the weighted average number of common shares outstanding for the purposes of the Basic earnings per share for the year 2020
What is the adjusting entry : The Ohio Company performed services for a customer in the amount of $5,000 on 12/18/16, but has not had time to send a bill. What is the adjusting entry
Why do the business people measure customers satisfaction : 1. What is customer satisfaction? 2. List the benefits of teamwork?
What amount should be recognized as share premium : What amount should be recognized as share premium on December 31, 2020 if the supplier has chosen the share alternative
Trends in the size and growth in the fast-food industry : List (5) Trends the size and growth of the health and fitness market
Leadership-professional life : You are in a place of influence in your professional life where you can help people be successful.

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