subject
Business, 08.11.2019 00:31 dhhdjejdjdbdhdne

On december 31, krug company reported stockholders’ equity of $280,000 prior to the following adjusting entries: depreciation expense: $31,000.accrued service revenues: $29,000.accrued expenses: $12,000.used insurance: $9,000; the insurance was initially recorded as prepaid. rent revenue earned; $7,000; the rent was initially prepaid by the tenant and credited to unearned rent revenue. how much is krug’s stockholders’ equity after adjusting entries? a. $280,000.b. $262,000.c. $295,000.d. $264,000.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 00:00
Which part/word/phrase in the passage refers to a business’s financing activity seen in a cash flow statement? nathan works as an accountant in a footwear manufacturing company. he is currently preparing the cash flow statement for his employer. during the given accounting period, the company purchased raw materials worth $25,000. it also bought new equipment worth $75,000 to increase its production output. further, it borrowed a long-term bank loan of $100,000 to facilitate further expansion. finally, the company spent $50,000 on advertising its latest brand of footwear in the market. {lol i guessed its "it borrowed a long-term bank loan of $100,000 to facilitate further expansion" and thats correct}
Answers: 1
question
Business, 22.06.2019 15:00
Magic realm, inc., has developed a new fantasy board game. the company sold 15,000 games last year at a selling price of $20 per game. fixed expenses associated with the game total $182,000 per year, and variable expenses are $6 per game. production of the game is entrusted to a printing contractor. variable expenses consist mostly of payments to this contractor.required: 1-a. prepare a contribution format income statement for the game last year.1-b. compute the degree of operating leverage.2. management is confident that the company can sell 58,880 games next year (an increase of 12,880 games, or 28%, over last year). given this assumption: a. what is the expected percentage increase in net operating income for next year? b. what is the expected amount of net operating income for next year? (do not prepare an income statement; use the degree of operating leverage to compute your answer.)
Answers: 2
question
Business, 22.06.2019 16:20
Suppose you hold a portfolio consisting of a $10,000 investment in each of 8 different common stocks. the portfolio's beta is 1.25. now suppose you decided to sell one of your stocks that has a beta of 1.00 and to use the proceeds to buy a replacement stock with a beta of 1.55. what would the portfolio's new beta be? do not round your intermediate calculations.
Answers: 2
question
Business, 22.06.2019 19:30
Adisadvantage of corporations is that shareholders have to pay on profits.
Answers: 1
You know the right answer?
On december 31, krug company reported stockholders’ equity of $280,000 prior to the following adjust...
Questions
question
Physics, 15.09.2021 14:00
question
Mathematics, 15.09.2021 14:00
question
Mathematics, 15.09.2021 14:00
question
Health, 15.09.2021 14:00
question
Mathematics, 15.09.2021 14:00
question
Social Studies, 15.09.2021 14:00