Business, 23.03.2020 17:26 shayshay7874
TOPIC #2 - Posted Tuesday- The properly classified Balance Sheet 1) Prepare a properly formatted Asset section of the Balance Sheet Trading securities 6,000 Accumulated depreciation on equipment and furniture 15,000 Cash 11,000 Inventory 30,000 Equipment 25,000 Patent 4,000 Investments: Equity 100,000 Prepaid expenses 2,000 Land 18,000 2) Prepare a properly formatted Asset section of the Balance Sheet Debit Credit Accumulated depreciation on equipment 24,000 Trading securities 6,000 Accumulated depreciation on furniture 15,000 Cash 11,000 Inventory 30,000 Equipment 150,000 Furniture 35,000 Patent 4,000 Allowance for Uncollectible accounts 6,000 Accounts Receivable 40,000 Prepaid expenses 2,000 Land held for future business site 18,000 Goodwill 20,000 Buildings 300,000 Accumulated depreciation on buildings 120,000
Answers: 3
Business, 22.06.2019 10:00
In a small group, members have taken on the task roles of information giver, critic/analyzer, and recorder, and the maintenance roles of gatekeeper and follower. they need to fulfill one more role. which of the following would be most effective for their group dynamics? a dominator b coordinator c opinion seeker d harmonizer
Answers: 1
Business, 22.06.2019 10:30
True or false: a fitted model with more predictors will necessarily have a lower training set error than a model with fewer predictors.
Answers: 2
Business, 22.06.2019 16:00
Analyzing and computing accrued warranty liability and expense waymire company sells a motor that carries a 60-day unconditional warranty against product failure. from prior years' experience, waymire estimates that 2% of units sold each period will require repair at an average cost of $100 per unit. during the current period, waymire sold 69,000 units and repaired 1,000 units. (a) how much warranty expense must waymire report in its current period income statement? (b) what warranty liability related to current period sales will waymire report on its current period-end balance sheet? (hint: remember that some units were repaired in the current period.) (c) what analysis issues must we consider with respect to reported warranty liabilities?
Answers: 1
TOPIC #2 - Posted Tuesday- The properly classified Balance Sheet 1) Prepare a properly formatted Ass...
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