User Account

All Pages

What is the amount of assets currently on the book

Assignment Help Accounting Basics
Reference no: EM132737498

Question - According to the partial list of account below, what is the amount of assets currently on the book?

Investors contributed $150,000

Revenues totaled $90,000

Wages paid to manager, salespeople and delivery worker totaled $20,000

Rent paid totaled: $14,000

Inventory on hand totalled: $40,000

Unpaid tax bill $15000

Cost of sales for the month of August was $15000

Machinery $6000

Account receivables $30000

Reference no: EM132737498

Questions Cloud

What is the carrying value of the bonds : What is the carrying value of the bonds after the first semi-annual interest payment date (i.e., what amount of debt will be left)
Find a business should post sales on account transactions : What The amount of cash received for a sale on account of $1,080.00 when the cash is received within the 2% discount period is?
How are the past three months of the stock market classified : In the last three months, this trend has reversed and prices have fallen steadily. How are the past three months of the stock market classified
What the amount recorded in the accounts receivable column : For a sale on account of $1,000.00 plus sales tax of $80.00, the amount recorded in the Accounts Receivable column of a sales journal is
What is the amount of assets currently on the book : According to partial list of accountm what is the amount of assets currently on the book? Wages paid to manager, salespeople and delivery worker totaled $20,000
Different hybrid cars and evaluate impact on environment : You will research five different hybrid cars and evaluate their impact on the environment.
What the sale should be recorded in the : Marris Company records a $1,000.00 sale on account on May 23. On June 6, the customer pays the account. The sale should be recorded in the
Monitoring our home planet : The Internet is a powerful tool that provides the ability to monitor natural phenomena and disasters that happen all over planet Earth.
What is principal message of the Capital Asset Pricing Model : What is the principal message of the Capital Asset Pricing Model (CAPM)? What are its assumptions? What is Beta? Is high beta good or bad for a company

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