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Mnenie [13.5K]
3 years ago
12

Macro Company has the following adjusted accounts and balances at June 30:

Business
1 answer:
leva [86]3 years ago
7 0

Answer:

                                            <em> Debit              Credit</em>

                                                  $                   $

Cash                                        1000  

Account receivable                 530  

Supplies                                   690  

Prepaid rent                             40  

Software                                   190  

Equipment                                1380  

Accumlated depreciation                             230

Accumlated Amortization                             140

Account payable                                           80

Income tax payable                                       30

Unearned revenue                                        90

Notes payable                                               1280

Common stock                                              280

Retained earnings                                         110

Sales revenue                                               3530

Interest revenue                                            50

Depreciation expenses                                 100  

Interest expenses                                          170  

Income tax expenses                                    100  

Office expenses                                             800  

Rent expenses                                                380  

Salaries and wages expenses   <u>                    640</u>  

TOTAL                                        <u> 6020          6020</u>

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Answer: I believe it's C, because it says that there are many different prices, and it makes sense because there are so many different selling sites

8 0
3 years ago
On July 1, Hartford Construction purchases a bulldozer for $228,000. The equipment has a 9-year life with a residual value of $1
UkoKoshka [18]

Answer:

a. Depreciation expense per hour:

= (Cost - salvage value) / Expected operating hours

= (228,000 - 16,000) / 26,500

= $8 per hour

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= 1,250 * 8                                                                  = 2,755 * 8

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Third year depreciation:

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Journal entries

Date                    Account Title                                    Debit                 Credit

June 30, Year 1 Depreciation                                     $10,000

                          Accumulated Depreciation                                       $10,000

Date                       Account Title                                   Debit                 Credit

June 30, Year 2     Depreciation                                 $22,040

                              Accumulated Depreciation                                  $22,040

Date                       Account Title                                   Debit                 Credit

June 30, Year 3     Depreciation                                 $9,800

                              Accumulated Depreciation                                  $9,800

4 0
3 years ago
Some companies have been accused of taking advantage of the current social trend of green marketing, positioning their products
jek_recluse [69]

Answer:

greenwashing

Explanation:

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the practice performed by the company is greenwashing.  

4 0
2 years ago
Question 13 of 20
KATRIN_1 [288]

Answer:

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3 years ago
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Answer:

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8 0
3 years ago
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