subject
Business, 17.04.2020 22:30 Cocco

The following are a few of the accounts of Aim Delivery Corporation:
1. Wages Payable
2. Accounts Payable
3. Accounts Receivable
4. Buildings
5. Cash
6. Contributed Capital
7. Land
8. Income Taxes Payable
9. Equipment
10. Notes Payable (due in six months)
11. Retained Earnings
12. Supplies
13. Utilities Payable

The following are a few of the accounts of Aim Delivery Corporation. Classify each as it would be reported on a balance sheet. Use the following codes: CA for current asset, NCA for noncurrent asset, CL for current liability, NCL for noncurrent liability and SE for stockholders' equity.

In the space provided, classify each as it would be reported on a balance sheet. Use the following code:
CA =current asset
NCA= noncurrent asset
CL =current liability
NCL= noncurrent liability
SE =stockholders' equity

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 06:00
If you miss two payments on a credit card what is generally the penalty
Answers: 1
question
Business, 22.06.2019 07:00
Bridgeport company began operations at the beginning of 2018. the following information pertains to this company. 1. pretax financial income for 2018 is $115,000. 2. the tax rate enacted for 2018 and future years is 40%. 3. differences between the 2018 income statement and tax return are listed below: (a) warranty expense accrued for financial reporting purposes amounts to $7,500. warranty deductions per the tax return amount to $2,200. (b) gross profit on construction contracts using the percentage-of-completion method per books amounts to $94,700. gross profit on construction contracts for tax purposes amounts to $67,100. (c) depreciation of property, plant, and equipment for financial reporting purposes amounts to $61,800. depreciation of these assets amounts to $75,700 for the tax return. (d) a $3,600 fine paid for violation of pollution laws was deducted in computing pretax financial income. (e) interest revenue recognized on an investment in tax-exempt municipal bonds amounts to $1,500. 4. taxable income is expected for the next few years. (assume (a) is short-term in nature; assume (b) and (c) are long-term in nature.) (a) prepare the reconciliation schedule for 2017 and future years. (b) prepare the journal entry to record income tax expense for 2017. (c) prepare the income tax expense section of the income statement beginning with “income before income taxes.” (d) determine how the deferred taxes will appear on the balance sheet at the end of 2017.
Answers: 1
question
Business, 22.06.2019 07:50
Budget in this final week, you will develop a proposed budget of $150,000 for the first year of the program and complete the final concept paper for the proposed program due for senior management review. the budget should identify the program's anticipated expenses for the year ahead. budget line items should be consistent with the proposed program and staffing plan. using the readings for the week, the south university online library, and the internet, complete the following tasks: create a proposed budget of $150,000 for the first year of the proposed program including the cost for personnel, supplies, education materials, marketing costs, and so on in a microsoft excel spreadsheet. you may transfer your budget to your report. justify the cost for each item of the proposed budget in a budget narrative.
Answers: 2
question
Business, 22.06.2019 10:20
The following information is for alex corp: product x: revenue $12.00 variable cost $4.50 product y: revenue $44.50 variable cost $9.50 total fixed costs $75,000 what is the breakeven point assuming the sales mix consists of two units of product x and one unit of product y?
Answers: 3
You know the right answer?
The following are a few of the accounts of Aim Delivery Corporation:
1. Wages Payable
...
Questions
question
Mathematics, 25.06.2021 18:50
question
Mathematics, 25.06.2021 18:50