User Account

All Pages

What is the amount of assets currently on the book

Assignment Help Accounting Basics
Reference no: EM132773640

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

1. $76000

2. $166000

3. $380000

4. $355000

5. $226000

Reference no: EM132773640

Questions Cloud

Explain the bank management activities : Explain in detail project execution stage for designing a website restaurant with example including time management cost.
Record the retirement using the book value method : Carla Vista paid $660,000 in cash to the bondholders to retire the bonds early. Record the retirement using the book value method
What is the cost assigned to transparent soaps : What is the cost assigned to transparent soaps? Safe Company produces transparentsoaps, Glycerin soaps as joint products and liquid soaps as a by-product.
Discuss which step would be most difficult to implement : Analyze the steps involved in building a strategic plan for a health care organization. Discuss which step would be most difficult to implement.
What is the amount of assets currently on the book : According to the partial list of account below, what is the amount of assets currently on the book - Investors contributed $150,000
Discuss dangers you or others have experienced : Describe three benefits you or others have experienced with social media. Discuss two dangers you or others have experienced with social media.
What is the effective annual rate of interest associated : L. Shark requires you to repay $10,000, plus 50%. What is the effective annual rate of interest associated with L. Shark's lending activities?
Compute the actual return on plan assets for nye co : Projected benefit obligation, Nye's contribution was $315,000 in 2018 and benefits paid were $235,000. Compute the actual return on plan assets in 2018.
Prepare the journal entry to record the declaration : Prepare the journal entry to record the declaration and distribution (on November 1, 2020) of the dividend. The market price on the date of declaration was $31

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