User Account

All Pages

Zelinsky electronics was recently formed as a

Assignment Help Accounting Basics
Reference no: EM13599241

Zelinsky Electronics was recently formed as a proprietorship. The balance of each item in the company's accounting equation is shown for October 1 and for each of the following business days.

A single transaction took place on each day. Briefly describe the transaction that most likely occurred on each day, begging with October 4. Indicate which accounts were increased or decreased and by what amounts. Assume that no revenue or expense transactions occurred during the month.

Reference no: EM13599241

Questions Cloud

Douglas manufacturing company has two production : douglas manufacturing company has two production departments cutting and assembly. july 1 inventories are raw materials
A company used the percent of sales method to determine its : a company used the percent of sales method to determine its bad debts expense. at the end of the current year the
On november 19 hayes company receives a 22200 60-day 10 : on november 19 hayes company receives a 22200 60-day 10 note from a customer as payment on his account. what adjusting
Nofat manufactures one product olestra and sells it to : nofat manufactures one product olestra and sells it to large potato chip manufacturers as the key ingredient in nonfat
Zelinsky electronics was recently formed as a : zelinsky electronics was recently formed as a proprietorship. the balance of each item in the companys accounting
Analyze the effects of the preceding events on the : angela peters practiced law with a partnership for 10 years. recently she opened her own law office which she operates
Justins plant store a retailer started operations on : justins plant store a retailer started operations on january 1. on that date the only assets were 16000 in cash and
How much money must you accumulate by retirement to make : you are planning for a very early retirement. you would like to retire at age 40 and have enough money saved to be able
The bl corporation started and completed 4800 units during : the bl corporation started and completed 4800 units during february. bl started the month with 700 units in process and

Reviews

Write a Review

Accounting Basics Questions & Answers

  Determine potential shares should be included

Determine if these potential shares should be included in diluted EPS for 2007 - contractually commits itself to issue 2,000 additional common shares on December 31, 2009.

  Bilkins financial advisors provides accounting and finance

bilkins financial advisors provides accounting and finance assistance to customers in the retail business. they have 4

  How to maintain control over their payroll systems

How do companies balance the need to maintain control over their payroll systems with the costs to implement controls to mitigate risks?

  If average daily remittances are 2 million and extended

if average daily remittances are 2 million and extended disbursement float adds 2 days to the disbursement schedule how

  A company had inventory of 10 units at a cost of 20 each on

a company had inventory of 10 units at a cost of 20 each on november 1. on november 2 it purchased 10 units at 22 each.

  Define paid-in capital and earned capital explain the

prepare a one to two page 700-1000 words summary to the following questionsexplain the differences between common and

  Sonesta sold equipment for cash income statement shows a

sonesta sold equipment for cash income statement shows a loss on sale of 5000. book value of the asset prior was 24000.

  Under the indirect method of determining net cash provided

under the indirect method of determining net cash provided by operating activities on the statement of cash flows which

  What is the break-even point in dollars

Innova Discs has two divisions-Standard and Premium. Each division has hundreds of different types of golf discs and disc golf products. The following information is available:

  Standard quantity allowed for units production

The standard quantity allowed for the units produced was 6,500 pounds, the standard price was $2.50 per pound, and the materials quantity variance was $375 favorable. Each unit uses 1 pound of materials. How many units were actually produced?

  Qualitative factors that affect the auditor judgment

Qualitative factors that affect the auditor judgment

  The inn has 50 rooms that it rents at 50 a night operating

the green acres inn is trying to determine its break-even point. the inn has 50 rooms that it rents at 50 a night.

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: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd