QUIZ CHAPTER 3 ACTG 500 BE 161 Prepare adjusting entries for the following transactions. Omit explanations. 1. Depreciation on equipment is $800 for the accounting period. 2. There was no beginning balance of supplies and purchased $500 of office supplies during the period. At the end of the period $80 of supplies were on hand. 3. Prepaid rent had a $1‚000 normal balance prior to adjustment. By year end $600 was unexpired. Solution 161 |1 |Depreciation Expense
Premium Generally Accepted Accounting Principles
Kyle Jarman Group B Topic 4: Adjusting Entries What are the 4 different Adjusting Entries?: Adjusting entries are classified as either deferrals or accruals. Each class has two subcategories: Prepaid Expenses‚ Unearned Revenues‚ Accrued Revenues and Accrued Expenses. What accounting assumptions necessitate the use of adjusting entries?: Some events are not recorded daily because it is not efficient to do so. Some costs are not recorded during the accounting period because they expire
Premium Generally Accepted Accounting Principles Accounts receivable Revenue
In The Entry into Jerusalem‚ the biblical narrative of Zacheus displays the theme of equality in the ministry of Jesus Christ. The dramatists portray the socially-constructed hierarchies that reflect economic and physical stature as irrelevant to religious doctrine. Regardless of the characters’ social status in the Jewish community‚ Christ perceives all of the citizens as equal to their peers and inferior to the sovereignty of God. The dramatists characterize Zacheus as a citizen who is vulnerable
Premium God Jesus Christianity
“JOURNAL ENTRIES” a. JIL made initial cash investment. Cash XXX JIL‚ Capital XXX b. JIL made an additional investment‚ Equipment. Equipment XXX JIL‚ Capital XXX c. Purchased equipment on account. Equipment XXX Accounts Payable XXX d. Purchased equipment for cash. Equipment XXX Cash XXX e. Purchased supplies on account. Supplies XXX Accounts Payable XXX f. Purchased supplies for cash. Supplies XXX Cash XXX g. Rendered services on account. Accounts receivable XXX Service
Premium Accounts receivable Generally Accepted Accounting Principles Accounts payable
Threat of Entry from new competitors Reaction from the existing players Reaction from the existing players can affect seriously to the potential new entrants. And that’s what exactly happening in this case. Before the starting operation of Southwest Airlines‚ three other existing players in the airlines industry had reacted severely. After the approval application from the TAC (Texas Aeronautics Commission)‚ immediately Braniff‚ Continental and Trans Texas had obtained a temporary court
Premium Southwest Airlines Airline ATA Airlines
September 13‚ 2013 Journal Entry 1 1. In your journal‚ write the eight areas of the self-assessment and record your scores for each as follows: 60 1. Accepting personal responsibility 68 2. Discovering self-motivation 68 3. Mastering self-management 53 4. Employing interdependence 51 5. Gaining self-awareness 46 6. Adopting lifelong learning 50 7. Developing emotional intelligence 66 8. Believing in myself 2. Write about the areas on the self-assessment in which you had your highest scores
Premium Emotion Positive psychology Lifelong learning
Gmail - Entry Pass for MECCA-2014 22/02/14 1:43 PM Entry Pass for MECCA-2014 1 message support@foreseegame.com Dear You have been registered to hold the pass of MECCA -2014. Please bring a print out and your ID card for the verification during the fest. Mon‚ Feb 10‚ 2014 at 3:56 PM UC Name Mob. College Email DOB Reg. Date Contact Details Tarun Madan Contact No: +91-9873179777 Email: madantarun30193@gmail.com : : : : MECCA31387676 Event Details MECCA
Premium The Pass Greatest hits Pharmacy
Developing Go – To – Market Strategies Webinar V 1 Go-‐To-‐Market Strategy § Overall strategy is the mechanism by which a firm proposes to deliver its unique value proposi7on to its target markets. § The set of integrated tac7cs a company uses to connect with its customers § Organiza7onal processes it has developed (e.g.‚ price‚ distribu<on) to consummate
Premium
Multinational Finance‚ 3e (Moffett) Chapter 6 International Parity Conditions 6.1 Multiple Choice and True/False Questions 1) If an identical product can be sold in two different markets‚ and no restrictions exist on the sale or transportation costs‚ the product ’s price should be the same in both markets. This is know as A) relative purchasing power parity. B) interest rate parity. C) the law of one price. D) equilibrium. Answer: C
Premium Foreign exchange market Purchasing power parity Exchange rate
Developing your Marketing Plan The below outlines the sections and the type of information that should be included in each section. Title Page - Set up page per APA guidelines; add page header and running head Table of Contents – Optional but recommended; Use outline 1.0 Executive Summary - The Executive Summary appears at the beginning of the paper‚ but is written last. This introductory section is the hook to grab the reader ’s interest. This section should summarize your plan
Premium Marketing