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
Murrr4er [49]
3 years ago
10

The Unadjusted Trial Balance columns of a work sheet total $84,000. The Adjustments columns contain entries for the following: O

ffice supplies used during the period, $1,200. Expiration of prepaid rent, $700. Accrued salaries expense, $500. Depreciation expense, $800. Accrued service fees receivable, $400. The Adjusted Trial Balance columns total is:
Business
1 answer:
kirill115 [55]3 years ago
3 0

Answer:

$85,700

Explanation:

Calculation to determine what The Adjusted Trial Balance columns total is:

Unadjusted Trial Balance columns $84,000

Accrued salaries expense$500

Depreciation expense $800

Accrued service fees receivable $400

Adjusted Trial Balance columns total $85,700

Therefore The Adjusted Trial Balance columns total is:$85,700

You might be interested in
King Company issued bonds with a face amount of $1,600,000 in 2015. As of January 1, 2020, the balance in Discount on Bonds Paya
dangina [55]

Answer:

Dr Bonds payable 1,600,000

Dr Loss on redemption of bonds 36,800

    Cr Cash 1,632,000

    Cr Discount on bonds payable 4,800

Explanation:

Loss/gain on redemption  of bonds = carrying value - cash paid = ($1,600,000 - $4,800) - $1,632,000 = $1,595,200 - $1,632,000 = -$36,800 loss

7 0
3 years ago
Bart is a lawyer and an employee of Alway, Inc. Bart is representing Alway in its purchase of Steel Co. Bart learns from Alway's
Vinil7 [7]

Answer:

C. be held liable under the misappropriation theory of insider trading.

Explanation:

Insider trading refers to the practice of utilizing confidential information that is not available for the public in order to make a profit in stock market. Currently, this action is deemed as illegal ever since the  The Insider Trading Sanctions Act was created in  1984 .

The Security and Exchange omission created that act in order to ensure that no investors have to experience unfair situation in the market . Having confidential information will make it really easy for a person to predict whether the price of the stock will go up or down.

This can be seen In Bart's action. Pay attention to this part of the excerpt:

<em>Bart learns from Alway's company files that Steel Co. is in the final stages of negotiation for a highly profitable </em>

6 0
3 years ago
Valence Electronics has 213 million shares outstanding. It expects earnings at the end of the year of $800 million. Valence pays
Dvinal [7]

Answer:

$75.12 million

Explanation:

For computation of Valence's share price first we need to find out the share price which is shown below:-

Share price = (Paid earning of Valence × Ended year of expected earning) ÷ (Equity cost of capital - Expected growth rate)

= (40% × $800 million) ÷ (9% - 7%)

= (0.4 × $800 million) ÷ (0.09 - 0.07)

= $320 million ÷ 0.02

= $16,000 million

Now, Valence's share price

= Total value ÷ Outstanding total shares

= $16,000 million ÷ 213 million

= $75.12 million

3 0
3 years ago
You are employed as an administrative staff member of a community healthcare office that just opened last month. you and your ma
strojnjashka [21]

Answer:

easy i fk ow how to die dofbe hahaha eituw gutny

5 0
3 years ago
Juniper Company uses a perpetual inventory system. The company purchased $9,750 of merchandise on August 7 with terms 1/10, n/30
MatroZZZ [7]

Answer:

b) Debit Accounts Payable $8,250; credit Merchandise Inventory $82.50; credit Cash $8,167.50

Explanation:

Preparation of correct journal entry to record the payment on August 16

Based on the information given we were told that the company made a purchased of the amount of $9,750 of merchandise with terms of 1/10 and as well made returned of the amount of $1,500 worth of the merchandise while the full amount due was paid on August 16 which means that the journal entry to record the payment on August 16 will be :

Debit Accounts Payable $8,250

($9,500-$1,500)

Credit Merchandise Inventory $82.50

(1%×$8,250)

Credit Cash $8,167.50

[(100%-1%)×$8,250)]

3 0
3 years ago
Other questions:
  • Macy Corporation's relevant range of activity is 5100 units to 11,500 units. When it produces and sells 8300 units, its average
    7·1 answer
  • Described below are certain transactions of Pina Corporation. The company uses the periodic inventory system. 1. On February 2,
    7·1 answer
  • You have successfully started and operated a company for the past 10 years. You have decided that it is time to sell your compan
    10·1 answer
  • When making important life choices, people who accept the "right livelihood" concept consider the importance of financial stabil
    12·1 answer
  • A European used car dealer built a multiple linear regression model to predict the resale price of a used car based on its condi
    15·1 answer
  • The management accountant at Woodhaven Cycle Shoppe developed a budget to establish the sales goals at the store in 2012. In 201
    7·1 answer
  • If a well-diversified portfolio of stocks has an expected return of 15% when the expected return on the market portfolio is 10%,
    5·1 answer
  • Computer safety control settings are most often used to
    6·1 answer
  • What Is An Tsunami ill Give Brainliest If Right
    8·1 answer
  • drag the tiles to the correct boxes to complete the pairs. compare the sources of consumer credit travel and entertainment credi
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!