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The balance sheet account as of July 31, 1995 for XYZ company are :
Capital: (fix lib) 35,630 Office Equipment (ass) 16730 Delivery Truck 15900 Accounts Receivables(ass) 14180 Notes payable(lib 1200 Cash(ass 7820 Accounts Payable 5750 Salaries Payable 2170 Delivery Supplies on hand 1050 Office Supplies on hand 870
Required:
Prepare a balance sheet as of july 31,1995 (Total Assets = 56,550)
On December 31, 2013, University Theatres issued $500,000 face value of bonds. The stated rate is 8%, and interest is paid semiannually on June 30 and December 31. The bonds mature
A firm's __________ account is categorized as a current asset. A. equipment B. accounts payable C. bonds payable D. merchandise inventory
Received security deposit from tenants
My assignment was due to me by 9:52 my time.
Define Accounting. Briefly explain the accounting concepts which guide the accountant at the recording stage.
Q. Example on gross margin method? To demonstrate the gross margin method of computing inventory assumes that for several Years Field Company has maintained a 30 per cent gross
hi
Explain any two concepts of accounting with examples
Q. Define Current assets? Current assets are cash and other assets that a business is able to convert to cash or uses up in a relatively short period one year or one operating
what is accrued revenue
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