Business, 30.09.2019 23:00, milkshakegrande101
Using the information presented below, prepare an income statement and the balance sheet from the adjusted trial balance of gin yang, culinary academy. gin yang, culinary academy adjusted trial balance december 31 cash $ 5,200 accounts receivable 1,100 prepaid insurance 1,200 office supplies 320 office equipment 3,000 accumulated depreciation–office equipment $ 1,800 buildings 75,000 accumulated depreciation–buildings 26,000 land 135,000 salaries payable 1,285 property taxes payable 3,200 interest payable 3,850 unearned tuition revenue 3,300 notes payable 85,000 gin yang, capital stock 35,000 gin yang, dividends 5,000 tuition revenue 92,855 salaries expense 13,000 utilities expense 1,400 property taxes expense 1,975 insurance expense 1,300 office supplies expense 325 depreciation expense–office equipment 1,120 depreciation expense–buildings 4,850 interest expense 2,500 $252,290 $252,290 totals required: use a spreadsheet to prepare the: income statement balance sheet
Answers: 3
Business, 21.06.2019 21:00, july00
Accublade castings inc. casts blades for turbine engines. within the casting department, alloy is first melted in a crucible, then poured into molds to produce the castings. on may 1, there were 230 pounds of alloy in process, which were 60% complete as to conversion. the work in process balance for these 230 pounds was $32,844, determined as follows: exercises during may, the casting department was charged $350,000 for 2,500 pounds of alloy and $19,840 for direct labor. factory overhead is applied to the department at a rate of 150% of direct labor. the department transferred out 2,530 pounds of finished castings to the machining department. the may 31 inventory in process was 44% complete as to conversion. prepare the following may journal entries for the casting department: the materials charged to production the conversion costs charged to production the completed production transferred to the machining department determine the work in process"casting department may 31 balance.
Answers: 1
Business, 22.06.2019 05:50, eksdeeexe
Cosmetic profits. sally is the executive vice president of big name cosmetics company. through important and material, nonpublic information, she learns that the company is soon going to purchase a smaller chain of stores. it is expected that stock in big name cosmetics will rise dramatically at that point. sally immediately buys a number of shares of her company's stock. she also tells her friend alice about the expected purchase of stores. alice wanted to purchase stock in the company but lacked the funds with which to do so. although she did not have the funds in bank a, alice decided to draw a check on bank a and deposit the check in bank b and then proceed to write a check on bank b to cover the purchase of the stock. she hoped that she would have sufficient funds to deposit before the check was presented for payment. of which of the following offenses, if any, is alice guilty of by buying stock?
Answers: 2
Business, 22.06.2019 10:10, cuthbertson157
conquest, inc. produces a special kind of light-weight, recreational vehicle that has a unique design. it allows the company to follow a cost-plus pricing strategy. it has $9,000,000 of average assets, and the desired profit is a 10% return on assets. assume all products produced are sold. additional data are as follows: sales volume 1000 units per year; variable costs $1000 per unit; fixed costs $4,000,000 per year; using the cost-plus pricing approach, what should be the sales price per unit?
Answers: 2
Using the information presented below, prepare an income statement and the balance sheet from the ad...
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