Hector is the head accountant for a bank. He is booking entries to the general ledger so he can close the month and calcualte the income statement and balance sheet. Based on the chart below, what is the total noninterest expense that Hector must book? Interest Paid on Savings Accounts $110,000
Interest Paid on Certificate of Deposit Accounts $55,000
Fees Paid by Customers for Wire Transfers $7,000
ATM Fees Paid by Customers $60,000
Interest Received on Auto Loans $85,000
Salaries $100,000

$165,000
$232,000
$67,000
$100,000

Select the correct answer. joshua runs a large manufacturing business that is listed on the stock exchange. his company made good profits in the previous financial year. he now plans to reward his shareholders with handsome dividends. under which category of activities in the cash flow statement would the company’s accountants place this outflow of cash? a. investing activities b. operating activities c. financing activities d. non-operating activities

The simple interest in a loan of $200 at 10 percent interest per year is

Exercise 7-7 martinez company reports the following financial information before adjustments. dr. cr. accounts receivable $168,900 allowance for doubtful accounts $3,200 sales revenue (all on credit) 849,300 sales returns and allowances 50,440 prepare the journal entry to record bad debt expense assuming martinez company estimates bad debts at (a) 4% of accounts receivable and (b) 4% of accounts receivable but allowance for doubtful accounts had a $1,550 debit balance. (if no entry is required, select "no entry" for the account titles and enter 0 for the amounts. credit account titles are automatically indented when the amount is entered. do not indent manually.)