Business, 12.07.2019 04:10, coolfreekid3
Posting closing entries directly to t-accounts the following balances appear on the books of cedrick owens enterprises: retained earnings, $29,200; dividends, $8,100; service revenue, $23,600; salaries expense, $6,500; rent expense $4,100; advertising expense, $3,200. all accounts have normal balances.
requirements
1. the t-accounts have been set up for you. insert each account’s adjusted balance as given (denote as adj. bal.) at december 31.
2. post the closing entries to the accounts, denoting posted amounts as clos.
3. compute the ending balance of retained earnings.
Answers: 2
Business, 22.06.2019 09:30, kingtrent81
Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $385,000; cash paid for rent, $49,000; cash paid to employees for services rendered during the year, $129,000; cash paid for utilities, $59,000. in addition, you determine that customers owed the company $69,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $2,900 at year-end, and the rent payment was for a two-year period.
Answers: 1
Business, 23.06.2019 23:30, elijahjoyner20
The triple jump is a track and field event that requires a performer to run down a runway and then to perform a hop, skip, and jump sequence. the hop, skip, and jump portion sequence of the event is an example of a(n):
Answers: 3
Business, 24.06.2019 02:00, yasherebernalgoxa5kc
•hospitals and other health care institutions, whether voluntary or for-profit, need to be financially solvent to survive growing market pressures. describe how this "bottom line" focus has changed the nature of the us health care system.
Answers: 2
Posting closing entries directly to t-accounts the following balances appear on the books of cedrick...
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