Explanation:
The preparation of the Assets section is shown below:-
Alpha Dog Company
Adjusted Trial Balance
December 31, 2016
Particulars Assets
Cash $88,450
Accounts Receivable $150,000
Supplies $29,255
Total current assets $179,255
Fixed Assets
Equipment $295,285
Accumulated Depreciation -$238,760 $56,525
Stock Investment $172,000
Total Fixed assets $228,525
Total Assets $407,780
Total Assets = Total current assets + Total fixed assets
Answer:
correct option is b.0.50
Explanation:
given data
computer shop = 100 customers
purchased computer = 25
solution
we know that past data does not affect the probability of next outcome
so when they buying computer or net
so here
probability of customer buy computer is =
= 0.5
and
probability of customer not buy computer is =
= 0.5
so here chance of buying as they buying or not buying is 50 %
so correct option is b.0.50
Answer:
$2,600 in the Accounts Receivable Dr./Sales Cr. column and $1,700 in the Cost of Goods Sold Dr./Inventory Cr. column.
Explanation:
If we assume that Maxie's Game World uses a perpetual inventory system, the appropriate journal entries should be:
Date XXX, merchandise sold on credit to client YYY, terms 1/10, n/30
Dr Accounts receivable 2,600
Cr Sales revenue 2,600
Dr Cost of goods sold 1,700
Cr Merchandise inventory 1,700
Hello there.
<span>The Accounts Receivable account has total debit postings of $1,900 and credit postings of $1,100. The balance of the account is a/an
Answer: </span><span>A. $800 debit.
</span>
Answer:
$9,000
Explanation:
Given that,
Trapp Company reported,
Net income for 2019 = $110,000
Dividends paid on November 1, 2019 = $60,000
Grape Company owns 15% of the common stock of Trapp.
Using a fair-value method,
Therefore,
Income earned by Grape company is as follows:
= 15% of the total amount of dividend paid
= 0.15 × $60,000
= $9,000