subject
Business, 15.12.2020 08:30 darrengresham999

Cullumber Company opened an incorporated dental practice on January 1, 2017. During the first month of operations, the following transactions occurred,
Performed services for patients who had dental plan insurance At January 31.8920 of such services was completed but
not yet billed to the insurance companies.
Utility expenses incurred but not paid prior to January 31 totaled $610.
Purchased dental equipment on January 1 for $85.850 paying $28.150 in cash and signing a $57.700. 3 year note payable
(interest is paid each December 1). The equipment depreciates $550 per month interest is $690 per month
Purchased a 1-year malpractice Insurance policy on January 1 for $24,000
Purchased $2.340 of dental supplies (recorded as increase to Supplies). On January 31. determined that $670 of supplieswere on hand

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 13:40
Jacob is a member of wcc (an llc taxed as a partnership). jacob was allocated $155,000 of business income from wcc for the year. jacob’s marginal income tax rate is 37 percent. the business allocation is subject to 2.9 percent of self-employment tax and 0.9 percent additional medicare tax. (round your intermediate calculations to the nearest whole dollar a) what is the amount of tax jacob will owe on the income allocation if the income is not qualified business income? b) what is the amount of tax jacob will owe on the income allocation if the income is qualified business income (qbi) and jacob qualifies for the full qbi duduction?
Answers: 2
question
Business, 23.06.2019 01:30
What are six resources for you decide which type of business to start and how to start it?
Answers: 3
question
Business, 23.06.2019 03:10
Prepare the operating activities section—indirect method.(lo 4), apthe income statement of paxson company is presented here.paxson companyincome statementfor the year ended november 30, 2014sales revenue $7,600,000cost of goods sold beginning inventory$1,900,000 purchases4,400,000goods available for sale6,300,000 ending inventory1,600,000total cost of goods sold 4,700,000gross profit 2,900,000operating expenses selling expenses450,000 administrative expenses700,0001,150,000net income $1,750,000additional information: prepare the operating activities section—indirect 1. accounts receivable decreased $380,000 during the year, and inventory decreased $300,000.2. prepaid expenses increased $150,000 during the year.3. accounts payable to suppliers of merchandise decreased $350,000 during the year.4. accrued expenses payable decreased $100,000 during the year.5. administrative expenses include depreciation expense of $110,000.instructionsprepare the operating activities section of the statement of cash flows for the year ended november 30, 2014, for paxson company, using the indirect method.net cash provided $1,940,000
Answers: 1
question
Business, 23.06.2019 12:30
Which of the following is true of the strategy of planned and unplanned change in global marketing? a) cultural congruence involves deliberately changing certain aspects of culture to meet marketing goals.b) all marketing efforts require planned or unplanned change in order to be accepted.c) planned change involves marketing products similar to the ones already on the market.d) the first step in bringing about planned change in a society is to remove obstacles for acceptance of a product.e) social planners gained the acceptance of protein-rich diets among the peoples of underdeveloped societies using the strategy of planned change.
Answers: 2
You know the right answer?
Cullumber Company opened an incorporated dental practice on January 1, 2017. During the first month...
Questions
question
Mathematics, 26.08.2019 04:30
question
English, 26.08.2019 04:30
question
Mathematics, 26.08.2019 04:30
question
History, 26.08.2019 04:30