Answer:
Oct 1
Dr Supplies $620
Cr Accounts Payable $620
Oct 6
Dr Cash $350
Cr Fees Earned $350
Octd 7
Dr Equipment $2500
Cr Cash$900
Cr Accounts Payable $1400
Oct 9
Dr Accounts Payable $620
Cr Cash $620
Explanation:
Preparation of the journal entries
Oct 1
Dr Supplies $620
Cr Accounts Payable $620
Oct 6
Dr Cash $350
Cr Fees Earned $350
Octd 7
Dr Equipment $2500
Cr Cash$900
Cr Accounts Payable $1400
($2,500-$900)
Oct 9
Dr Accounts Payable $620
Cr Cash $620
Answer:
The company is NOT in anyway required to either make, offer or provide accommodations to Kim
Explanation:
Based on the information given the company is NOT in anyway required to either make, offer or provide accomodations to Kim reason been that the ADA only tend to applies to companies which has either 15 employees or employees that are higher or more than 15 employees in which the accounting firm which Kim work for did not fall under the category as well as the coverage of the act because the accounting firm is a small firm which we were told consist of 2 managing partners, 6 accountants as well as 4 secretaries making them 12 employees in total.
Therefore the company is NOT required to provide any accomodations to Kim
Answer:
$800
Explanation:
Pedro's tuition costs of $6,000 is a personal expense and does not qualify as a charitable contribution.
Pedro's donation to the church of $1,000 is charity, but he has to deduct the registration fee of $200 from it. Thus, his total charitable contribution is $1,000 - $200 = $800
Answer:
The Journal entries are as follows:
(i) On March 15,
Dividend [0.075×220,000,000] A/c Dr. $16,500,000
To dividend payable $16,500,000
(To record the declaration of cash dividends)
(ii) On March 30,
No Journal entry required
(iii) On April 13,
Dividend payable A/c Dr. $16,500,000
To cash $16,500,000
(To record the payment of cash dividends for its 220 million shares)
