User Account

All Pages

What is the balance in accounts payable at june

Assignment Help Financial Accounting
Reference no: EM132909149

Problem 1: At June 1,2015, Larry Levine company reported accounted payable of 15000. During the month, the company made purchases on account not 51000 and payments on accounts of 30000. At June 2015 the balance in accounts payable is

A. 15000 debit
B. 36000 credit
C. 66000 credit
D. 30000 Debit

Reference no: EM132909149

Questions Cloud

Professionals plays significant role in organization : Information Technology (IT) professionals plays significant role in an organization. discusses the ethical behavior and code of conduct for IT professionals.
Explain the political and economic policies : Explain the Political and Economic Policies that have been used by BANGLADESH to address the issue of Income Inequality in the country.
What the journal entries revealed a credit to building at : What the journal entries revealed a credit to Building at? On January 1, 20x1, ABC Co. decided to lease out a building that was previously used.
Explain the political and economic policies : Explain the Political and Economic Policies that have been used by INDIA to address the issue of Income Inequality in the country.
What is the balance in accounts payable at june : During the month, the company made purchases on account not 51000 and payments on accounts of 30000. At June 2015 the balance in accounts payable is
Server side activity and client-side activity : What is the difference between Server Side Activity and Client-Side Activity?
What is the result of aggregate demand : During the mining boom period, what effect does a change in expectations by households and firms would have had on the aggregate demand curve?
Evaluate the performance of the team : Evaluate the performance of this team. To execute a complex accounting project for a retail giant, an accountancy firm created a five-member team.
Organization can enhance organizations network security : How the management of an organization can enhance their organizations' network security.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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