Prepare the following adjusting entries at August 31 for Walgreens. (a) Interest on notes payable of $286 is accrued. (b) Services performed but unbilled total $1,314. (c) Salaries and wages earned by employees of $767 have not been recorded. (d) Bad debt expense for year is $876.
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During the month of march 2017, weimar world, a tax-preparation service, had the following transactions. * billed $496,000 in revenues on credit * received $164,000 from customers' accounts receivable * incurred expenses of $194,000 but only paid $87,700 cash for these expenses * prepaid $32,220 for computer services to be used next month what was the company's accrual basis net income for the month? select one: a. $302,000 b. $264,080 c. $ 41,860 d. $408,300 e. none of the above
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Brody corp. uses a process costing system in which direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. beginning inventory for january consisted of 1,050 units that were 65% completed. 10,900 units were started into the process during january. on january 31, the inventory consisted of 500 units that were 50% completed. what would be the equivalent units for direct materials cost using the weighted average method?
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Prepare the following adjusting entries at August 31 for Walgreens. (a) Interest on notes payable of...
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