Business, 18.02.2020 01:19, nae878

Closing entries are dated in the journal as of:
a. the date they are actually journalized, although they are generally prepared after the end of the accounting period
b. the last day of the accounting period, although they are actually journalized after the end of the accounting period
c. the first day of the accounting period, although they are actually journalized after the end of the accounting period
d. the first day of the subsequent accounting period

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 02:00, raylynnreece4939

Precision dyes is analyzing two machines to determine which one it should purchase. the company requires a rate of return of 15 percent and uses straight-line depreciation to a zero book value over the life of its equipment. ignore bonus depreciation. machine a has a cost of $462,000, annual aftertax cash outflows of $46,200, and a four-year life. machine b costs $898,000, has annual aftertax cash outflows of $16,500, and has a seven-year life. whichever machine is purchased will be replaced at the end of its useful life. which machine should the company purchase and how much less is that machine's eac as compared to the other machine's

Answers: 3

continue

Business, 22.06.2019 16:00, heavenwagner

In microeconomics, the point at which supply and demand meet is called the blank price

Answers: 3

continue

Business, 22.06.2019 21:50, noodleboy0923

Search engines generate revenue through pay-per-click (each time a user clicks a link to a retailer’s website); pay-per-call (each time a user clicks a link that takes the user to an online agent waiting for a call); or pay-per-conversion (each time a website visitor is converted to a customer)

Answers: 3

continue

Business, 23.06.2019 01:00, ashley232323

Need with an adjusting journal entrycmc records depreciation and amortization expense annually. they do not use an accumulated amortization account. (i. e. amortization expense is recorded with a debit to amort. exp and a credit to the patent.) annual depreciation rates are 7% for buildings/equipment/furniture, no salvage. (round to the nearest whole dollar.) annual amortization rates are 10% of original cost, straight-line method, no salvage. cmc owns two patents: patent #fj101 and patent #cq510. patent #cq510 was acquired on october 1, 2016. patent #fj101 was acquired on april 1, 2018 for $119,000. the last time depreciation & amortization were recorded was december 31, 2017.before adjustment: land: 348791equpment and furniture: 332989building: 876418patents 217000

Answers: 3

continue

Do you know the correct answer?

Closing entries are dated in the journal as of:
a. the date they are actually journalized, alt...