Business, 12.07.2019 04:20 paracordcms
Listed below are several transactions that took place during the second and third years of operations for rpg company. year 2 year 3amounts billed to customers for services rendered $ 350,000 $ 450,000 cash collected from credit customers 260,000 400,000 cash disbursements: payment of rent 80,000 0 salaries paid to employees for services rendered during the year 140,000 160,000 travel and entertainment 30,000 40,000 advertising 15,000 35,000 in addition, you learn that the company incurred advertising costs of $25,000 in year 2, owed the advertising agency $5,000 at the end of year 1, and there were no liabilities at the end of year 3. also, there were no anticipated bad debts on receivables, and the rent payment was for a two-year period, year 2 and year 3.required: 1. calculate accrual net income for both years.2. determine the amount due the advertising agency that would be shown as a liability on rpg's balance sheet at the end of year 2.
Answers: 1
Business, 21.06.2019 18:30
Which of the following is located at the point where the supply and demand curves intersect? a. the equilibrium price. b. the minimum supply. c. the level of efficient production. d. the maximum demand. 2b2t
Answers: 1
Business, 21.06.2019 20:50
Suppose the price of frozen yogurt, a substitute for ice cream, increases. what happens to equilibrium price and quantity of ice cream? a. the price and quantity of ice cream both increase b. the price and quantity of ice cream both decrease c. the price of ice cream increases and the quantity decreases d. the price of ice cream decreases and the quantity increases
Answers: 3
Business, 22.06.2019 11:00
Abank provides its customers mobile applications that significantly simplify traditional banking activities. for example, a customer can use a smartphone to take a picture of a check and electronically deposit into an account. this unique service demonstrates the bank’s desire to practice which one of porter’s strategies?
Answers: 3
Business, 22.06.2019 20:00
Which motion below could be made so that the chair would be called on to enforce a violated rule?
Answers: 2
Listed below are several transactions that took place during the second and third years of operation...
Mathematics, 23.02.2021 02:00
History, 23.02.2021 02:00
Mathematics, 23.02.2021 02:00
English, 23.02.2021 02:00
History, 23.02.2021 02:00
English, 23.02.2021 02:00
Mathematics, 23.02.2021 02:00
Biology, 23.02.2021 02:00
English, 23.02.2021 02:00
Mathematics, 23.02.2021 02:00
Geography, 23.02.2021 02:00