Business, 11.09.2019 21:20 crybaby222psyc
On may 1, ace electronics ordered office equipment. the equipment was delivered to ace on may 15, and ace agreed to pay for it by the end of the month. ace paid for the equipment on may 31. when will ace make the first entry in its accounting system for this purchase?
Answers: 3
Business, 22.06.2019 05:30
The struter partnership has total partners’ equity of $510,000, which is made up of main, capital, $400,000, and frist, capital, $110,000. the partners share net income and loss in a ratio of 80% to main and 20% to frist. on november 1, adison is admitted to the partnership and given a 15% interest in equity and a 15% share in any income and loss. prepare journal entries to record the admission of adison for a 15% interest in the equity and a 15% share in any income and loss under the following independent assumptions. (1) record the admission of adison with an investment of $90,000 for a 15% interest in the equity and a 15% share in any income and loss. (2) record the admission of adison with an investment of $120,000 for a 15% interest in the equity and a 15% share in any income and loss. (3) record the admission of adison with an investment of $80,000 for a 15% interest in the equity and a 15% share in any income and loss.
Answers: 1
Business, 22.06.2019 16:20
Stosch company's balance sheet reported assets of $112,000, liabilities of $29,000 and common stock of $26,000 as of december 31, year 1. if retained earnings on the balance sheet as of december 31, year 2, amount to $74,000 and stosch paid a $28,000 dividend during year 2, then the amount of net income for year 2 was which of the following? a)$23,000 b) $35,000 c) $12,000 d)$42,000
Answers: 1
Business, 23.06.2019 20:30
In germany, wal-mart has been required to buy existing retailers rather than open brand-new stores. what does this illustrate
Answers: 3
Business, 23.06.2019 21:00
Awatch manufacturing company has priced its goods at a rate which is higher than what other companies offer. the watches made by this company do not have any stand out feature to differentiate itself from the other companies or justify its high price. this company would be considered as a firm.
Answers: 1
On may 1, ace electronics ordered office equipment. the equipment was delivered to ace on may 15, an...
Mathematics, 26.03.2020 23:45
Chemistry, 26.03.2020 23:45
Chemistry, 26.03.2020 23:45
Mathematics, 26.03.2020 23:45
Mathematics, 26.03.2020 23:45
Mathematics, 26.03.2020 23:45
English, 26.03.2020 23:45
Mathematics, 26.03.2020 23:45
Mathematics, 26.03.2020 23:45