1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
RSB [31]
4 years ago
6

A company incurred the following transactions:

Business
1 answer:
lora16 [44]4 years ago
6 0

Answer:

since there is not enough room here, I prepared a balance sheet category on an excel spreadsheet

Explanation:

Dr Wages payable 2,750

    Cr Cash 2,750

Dr Real estate taxes expense 7,350

    Cr Real estate tax payable 7,350

Dr Interest expense 5,437.50

    Cr Interest payable 5,437.50

Dr Bond premium 145

    Cr Interest expense 145

Dr Warranty expense

    Cr Warranty liability

Dr Income tax expense 191,400

Dr Income tax expense (deferred) 70,470

    Cr Income tax payable 191,400

    Cr Deferred tax liability 70,470

Download pdf
You might be interested in
Assume that Northern Petroleum Inc. issued the following bond on January 1: Face amount: $100,000 Contract interest rate: 12% Ef
Natali [406]

Answer:

d. $44,161

Explanation:

The computation is shown below:

The present value of the periodic interest to be paid on the bonds is

= Face amount × interest rate × present value of an annuity at 6% for 10 years

= $100,000 × 6% × 7.36009

= $44,161

Refer to the present value of an annuity table

On a semiannual basis, the interest rate is half and the time period doubles =. The same is applied in the above calculation.

8 0
3 years ago
Poggers Poggers Poggers Poggers Poggers Poggers Poggers Poggers Poggers PoggersPoggers Poggers Poggers PoggPoggers ers Poggers P
Ivenika [448]

Answer:

ngl...

Explanation:

that's poggers

5 0
3 years ago
Read 2 more answers
Josephine won the lottery twice, both with large jackpots. Her friends tell her to keep playing the lottery because she is on a
Svetradugi [14.3K]

Answer:

a) random events.

Explanation:

According to my research on lottery drawings, I can say that based on the information provided within the question the two winnings are just random events. The chances of Josephine winning the lottery can be explained statistically with probabilities, but even still the two winning tickets are random events that happened in her life. Even tho the chances can be explained statistically it does not mean that the next ticket will be a winner as well, regardless if she is on a lucky roll.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
4 years ago
Doogan Corporation makes a product with the following standard costs: Standard Quantity or HoursStandard Price or Rate Direct ma
telo118 [61]

Answer:

Direct material quantity variance= $6,300 unfavorable

Explanation:

Giving the following information:

Direct materials 2 grams $7.00 per gram

The company produced 4,600 units in January using 10,100 grams of direct material.

<u>To calculate the direct material quantity variance, we need to use the following formula:</u>

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (2*4,600 - 10,100)*7

Direct material quantity variance= $6,300 unfavorable

5 0
3 years ago
Ohn and Henry are U.S. citizens and work for the same law firm that is headquartered in New York. John, however, works from the
Elan Coil [88]

Answer:

John is a parent-country national, whereas Henry is a host-country national.

Explanation:

-Expatriate: is a person that lives in a country that is not his/her native country.

-Parent-country national: is a person that is working in a country that is different from his/her native country but he/she has the same nationality as the company that he/she works for.

-Host-country national: is an employee that is from the country in which the company is operating.

-Third-country national: is a person that has a nationality that is different from that of the firm and from the country in which he/she is working.

-Repatriate: is a person that returns to his country of origin.

According to this, the answer is John is a parent-country national, whereas Henry is a host-country national as both are from the US but John works in London and Henry in New York.

5 0
3 years ago
Other questions:
  • Emilee signed a rental agreement for her new condo. how long is her lease?​
    7·2 answers
  • if you were in the dry cleaning business whom would you benchmark for their technological innovations
    15·1 answer
  • The cost of inflation to society includes
    5·1 answer
  • Hinge manufacturing's cost of goods sold is $420,000 variable and $240,000 fixed. the company's selling and administrative expen
    15·1 answer
  • Which of the following types of inventory describes inventory that has been purchased but not​ processed?
    6·1 answer
  • The amount paid for stock is the most a shareholder can lose in the corporate form of ownership.
    9·1 answer
  • Fastener Products, Inc., a maker of nuts and bolts, sells its products to retail establishments. It charges one price to small f
    7·1 answer
  • Assume the initial price of the drugwas $50 per unit, and at that price there were 2,000 units sold. Miland, the manufacturerof
    8·1 answer
  • Purple Cab Company had 70,000 shares of common stock outstanding on January 1, 2021. On April 1, 2021, the company issued 40,000
    15·1 answer
  • tonya explained to the management team that it was vital that the company deliver the right product to the right place at the ri
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!