External link to Question : 119. A company recorded 2 days of accrued salaries of $1,400 : 1225732

Question : 119. A company recorded 2 days of accrued salaries of $1,400 : 1225732

  119. A company recorded 2 days of accrued salaries of $1,400 for its employees on January 31. On February 9, it paid its employees $7,000 for these accrued salaries and for other salaries earned through February 9. The January 31 and February 9 journal entries are:  A.  B.  C.  D.  E.  120. If accrued salaries were recorded on December 31 with a credit to Salaries Payable, […]

External link to Question : 101.The gain the disposal of equipment recognized when: A. The book value : 1237686

Question : 101.The gain the disposal of equipment recognized when: A. The book value : 1237686

    101.The gain on the disposal of equipment is recognized when:    A. The book value of the equipment is greater than the value received.   B. The book value of the equipment is less than the value received.   C. A salvage value exists.   D. A gain should not be recognized on the disposal of an asset.         102.For financial reporting purposes, the gain […]

External link to Question : 55.Which of the following describes Sales Tax Payable? A. A revenue account : 1169400

Question : 55.Which of the following describes Sales Tax Payable? A. A revenue account : 1169400

    55.Which of the following describes Sales Tax Payable?    A. A revenue account with a normal credit balance.   B. A liability account with a normal debit balance.   C. A liability account with a normal credit balance.   D. An asset account with a normal debit balance.         56.Hugh Snow returned merchandise to Farley Co. The entry on the books of Farley company to […]

External link to Question : 51. To check for accuracy after posting: first a trial balance : 1225906

Question : 51. To check for accuracy after posting: first a trial balance : 1225906

  51. To check for accuracy after posting: first a trial balance is completed, then, the subsidiary ledgers are tested by preparing a schedule of the controlling account.  52. A company using the periodic inventory system does not record the increase in cost of goods sold and decrease in inventory at the time of each sale in the sales journal.  53. The purchases journal is identical under both […]

External link to Question : 113.It obvious that an error occurred in the preparation and/or : 1236869

Question : 113.It obvious that an error occurred in the preparation and/or : 1236869

  113.It is obvious that an error occurred in the preparation and/or posting of closing entries if:     A.all revenue and expense accounts have zero balances. B.the owner’s capital account is debited for the amount of the net loss for the period. C.the income summary account is debited for the amount of net income for the period. D.all balance sheet accounts have zero balances. E.only […]

External link to Question : 171. ABC Corporation has three service departments with the following costs : 1251703

Question : 171. ABC Corporation has three service departments with the following costs : 1251703

  171. ABC Corporation has three service departments with the following costs and activity base:  Service DepartmentCostActivity Base for Allocation Graphics Production$200,000# of copies Accounting$500,000# of invoices processed Personnel Department$400,000# of employees ABC has three operating divisions, Micro, Macro and Super.  Their revenue, cost and activity information are as follows:  MicroMacroSuper Direct Revenues$700,000$850,000$650,000 Direct Operating Expenses$50,000$70,000$100,000 # of copies made20,00030,00050,000 # invoices processed700800500 # of employees130145125 […]

External link to Question : 119.Madison Corporation purchased 40% of Jay Corporation for $125,000 January : 1236477

Question : 119.Madison Corporation purchased 40% of Jay Corporation for $125,000 January : 1236477

  119.Madison Corporation purchased 40% of Jay Corporation for $125,000 on January 1. On June 20 of the same year, Jay Corporation declared total cash dividends of $30,000. At year-end, Jay Corporation reported net income of $150,000. The balance in Madison Corporation’s Long-Term Investment-Jay Corporation account as of December 31 should be:    A.$77,000. B.$125,000. C.$173,000. D.$197,000. E.$370,000. 120.Pravis Corporation owns 30% of Kuster Corporation. Pravis […]

External link to Question : On June 1, 2009, Jensen Company acquired an 8%, ten-month : 1229757

Question : On June 1, 2009, Jensen Company acquired an 8%, ten-month : 1229757

    On June 1, 2009, Jensen Company acquired an 8%, ten-month note receivable from a customer in settlement of an existing account receivable of $130,000. Interest and principal are due at maturity. 127. The proper adjusting entry at December 31, 2009, with regard to this note receivable includes a:  A. Debit to Cash of $6,067. B. Debit to Notes Receivable of $10,400. C. Credit to Interest Revenue of […]

External link to Question : 11) Beginning inventory plus net purchases and plus freight in : 1212631

Question : 11) Beginning inventory plus net purchases and plus freight in : 1212631

11) Beginning inventory plus net purchases and plus freight in equals: A) net purchases. B) cost of goods available for sale. C) cost of goods sold. D) gross purchases.   12) Cost of goods sold plus ending inventory equals: A) net purchases. B) cost of goods available for sale. C) gross margin. D) gross profit. Table 5-4   The following data is for the Atlantis […]

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more