Please tell me why I am wrong. I also try 10900,-8000,2900;-10900,8000,2900;10900,-8000,-2900.
Homework Answers
| Account | Dollar Amount | |
| Retained earning | Debit | 10900 |
| Cash | Credit | 8000 |
| Salaries and wage payable | Credit | 2900 |
Asset Normally has a Debit Balance whereas Liabilities and stockholders equity has a credit Balance .
So when Asset is debited ,it means asset is increased and when credited ,asset is decreased.
When liabilities and equity is credited it means it is increased and when debited ,it is decreased.
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Please tell me why I am wrong. I also try
10900,-8000,2900;-10900,8000,2900;10900,-8000,-2900.
Transaction 6 Wages and salaries...
Transaction 6 Wages and salaries in March were $11,200, of which $8,200 was actually paid to...
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Wages and salaries in March were $10,300, of which $8,600 was actually paid to employees. Account:...
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What type of transaction and the dollar amount for that transaction? Transaction4 The owners paid $3,000...
What type of transaction and the dollar amount for that
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Three former college classmates decided to open a store near campus to sell wireless equipment to...
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Hi, can you please check my work and tell me where I went wrong please? ive...
Hi, can you please check my work and tell me where I went
wrong please? ive tried countless times. thank you so much!
Premium Amortization On the first day of the fiscal year, a company issues a $1,500,000, 11%, 10-year bond that pays semiannual interest of $82,500 ($1,500,000 11% x V), receiving cash of $1,593,465. Journalize the first interest payment and the amortization of the related bond premium. Round to the nearest dollar. If an amount box does not require...
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Hello, can someone please tell me how I got this wrong? the
system keeps telling me the "Accumulated depreciation" amount
totals to $62,000 and saying the total is incorrect, as well as the
total for "total property, plant, and equipment total" that's
$338,00.00
Any feedback on how to solve this will help!
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The program continues to tell me my answers are wrong but I am not sure why....
The program continues to tell me my answers are wrong but I am
not sure why. See the question and my answers below:
liabilities and stockholders' equity of The following table presents the long-term Information Control Corp. one year ago: $ 65,600,000 Long-term debt Preferred stock Common stock ($1 par value) Accumulated retained earnings el 4,060,000 15,600,000 135,600,000 Capital surplus 45,600,000 During the past year, Information Control issued 10.6 million shares of new stock at a total price of $59.2...
Can someone tell me what I am missing in these T-accounts? My answer says incomplete but...
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work- Ch 3 0 Help Save & Exit S Check my w Ricky's Plano Rebuilding Company has been operating for one year. On January 1, at the start of its second year, its income statement accounts had zero balances and its balance sheet account balances were as follows: Cash Accounts Receivable Supplies Equipment Land Building $ 6,000 Accounts...
Transaction 6 Wages and salaries in March were $11,200, of which $8,200 was actually paid to employees. Account: Dollar amount: Account: Dollar amount: Account: Dollar amount: Account: Cash Accounts Receivable Inventory Prepaid Rent Fixtures and Equipment Accounts Payable Interest Payable Wages Payable Notes Payable Paid-in Capital Retained Earnings Leave Blank Dollar amount: Account: Dollar amount: Submit Ang
Wages and salaries in March were $10,300, of which $8,600 was actually paid to employees. Account: Dollar amount: Dollar amount: Account: Dollar amount: Account: Dollar amount: Account: Dollar amount: Account: Cash Accounts Receivable 提交答案 Inventory Prepaid Rent 提交讨i Fixtures and Equipment Accounts Payable Interest Payable Wages Payable Notes Payable Paid-in Capital Retained Earnings Leave Blank
What type of transaction and the dollar amount for that
transaction?
Transaction4 The owners paid $3,000 for website advertising. They were able to get a good deal because one of the company's owners also owns stock in the website company. The owners also paid $5,500 for some advertising in local newspapers. [Note: Combine both transactions into one entry]. Account: Dollar amount: Account: Dollar amount Dollar amount Account: Dollar amounts Account: Dollar amount: Account: Cash Submit Anst Accounts Receivable Inventory My...
Hi, can you please check my work and tell me where I went
wrong please? ive tried countless times. thank you so much!
Premium Amortization On the first day of the fiscal year, a company issues a $1,500,000, 11%, 10-year bond that pays semiannual interest of $82,500 ($1,500,000 11% x V), receiving cash of $1,593,465. Journalize the first interest payment and the amortization of the related bond premium. Round to the nearest dollar. If an amount box does not require...
Hello, can someone please tell me how I got this wrong? the
system keeps telling me the "Accumulated depreciation" amount
totals to $62,000 and saying the total is incorrect, as well as the
total for "total property, plant, and equipment total" that's
$338,00.00
Any feedback on how to solve this will help!
Taser Consulting Score: 130/139 Balance Sheet October 31, 2018 Assets Current assets: Cash Accounts receivable $45,000.00 119.200.00 4,400.00 Supplies Total current assets $168,600.00 Property, plant, and equipment: Office...
The program continues to tell me my answers are wrong but I am
not sure why. See the question and my answers below:
liabilities and stockholders' equity of The following table presents the long-term Information Control Corp. one year ago: $ 65,600,000 Long-term debt Preferred stock Common stock ($1 par value) Accumulated retained earnings el 4,060,000 15,600,000 135,600,000 Capital surplus 45,600,000 During the past year, Information Control issued 10.6 million shares of new stock at a total price of $59.2...
Can
someone tell me what I am missing in these T-accounts? My answer
says incomplete but I’m not sure what is missing.
work- Ch 3 0 Help Save & Exit S Check my w Ricky's Plano Rebuilding Company has been operating for one year. On January 1, at the start of its second year, its income statement accounts had zero balances and its balance sheet account balances were as follows: Cash Accounts Receivable Supplies Equipment Land Building $ 6,000 Accounts...
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