Mathematics

Mathematics, 29.06.2019 01:00, NotCJ5680

What is age of account payable formula

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Mathematics, 01.07.2019 15:30, ghari112345

For each of the following, identify in column 1 the category to which the account belongs, in column 2 the normal balance for the account, in column 3 the financial statement that the account in which the account balance is reported, and in column 4 the account’s nature (temporary/permanent). (1) 1 2 3 4 interest payable (2) 1 2 3 4 interest receivable - (3) 1 2 3 4 discount on notes - payable (4) 1 2 3 4 store equipment

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Business, 18.09.2019 00:20, markusblazer

At december 31, 2017 the following balances existed on the books of beerbo inc.: $1,200,000 bonds payable $168,000 discount on bonds payable $30,000 interest payable if the bonds are retired on january 1, 2018, at 102, what journal entry will beerbo inc. record for redemption? (assume any interest payment is recorded in a different journal entry) debit to the account in the amount of ⭡ bonds payable or cash ⭡ ⭡ (in $) ⭡ debit to the account in the amount of ⭡ loss on bond redemption or discount on bonds payable ⭡ ⭡ (in $) ⭡ credit to the account in the amount of ⭡ discount on bonds payable or bonds payable ⭡ ⭡ (in $) ⭡ credit to the account in the amount of ⭡ cash or loss on bond redemption ⭡ ⭡ (in $) ⭡

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Business, 18.09.2019 01:10, borgesalfonso12

The following is a list of accounts for sanjeev corporation, which has been operating for three years. these accounts are listed and numbered for identification. following the accounts is a series of transactions. for each transaction, indicate the account(s) that should be debited and credited by entering the appropriate account number(s) to the right of each transaction. the first transaction is used as an example. account no. account title 1 cash 2 accounts receivable 3 supplies 4 prepaid expenses 5 equipment 6 patents 7 accounts payable 8 note payable 9 wages payable 10 income taxes payable 11 common stock 12 additional paid-in capital 13 retained earnings 14 service revenue 15 operating expense

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Business, 23.09.2019 21:30, abby6213

On march 3, mauer moving buys $7,500 of supplies from general products. mauer does not provide any payment at the time of purchase but agrees to reimburse general in full within 30 days. when posting the journal entries related to this transaction, mauer credits supplies for $7,500 and debits accounts payable for $7,500. which of the following statements best describes the results of this posting? a : in mauer’s general ledger, the ending balance for the supplies account will be too high, while the ending balance for the accounts payable account will be too low. b : in mauer’s general ledger, the ending balances for both the supplies account and the accounts payable account will be too low. c : in mauer’s general ledger, the ending balance for the supplies account will be too low, while the ending balance for the accounts payable account will be too high. d : in mauer’s general ledger, the ending balances for both the supplies account and the accounts payable account will be too high

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