Answer:
yes it is possible ......
In short selling, trader first sells the shares at higher price and when the share price comes down
Answer: Andrews net pay will go down(reduce).
Explanation: Income withholding is a deduction of a payment for child support from a parent’s income. This order can be from a court or administratively ordered by a child support agency.
Answer:
Acc dep - manufacturing facility 205,000 debit
Cash 205,000 credit
--to record cost heating system--
Wing 780,000 debit
Cash 780,000 credit
--to reocrd addition of a new wing--
maintenance expense 15,500 debit
cash 15,500 credit
--to record maintenance expense for the period
Assembly line 42,000 debit
Cash 42,000 credit
--to record new assembly line--
Explanation:
1.- the improvements will decrease the accumulated depreciation
2.- The wing will be considered a new asset and depreciate separately
3.- the maintenance cost is cost of the period as it do not upgrade or change the productivity is a cost to maintain the current level.
4.- the assembly line will be reocgnize as an asset as increase the productive capaictive of the plant
Answer:
Cash 11,750 debit
Common Stock 11,750 credit
Supplies 341 debit
Cash 341 credit
Equipment 6,489 debit
Accounts Payable 6,489 credit
Cash 1,387 debit
Fees Earned 1,387 credit
Accounts Payable 6,498 debit
Cash 6,498 credit
Cash 2,491 debit
Fees Earned 2,491 credit
rent expense 525 debit
Cash 525 credit
Cash 1,046 debit
Accounts Receivables 1,046 credit
Dividends 1,000 debit
Cash 1,000 credit
Cash T-accounts
<u>Debit Credit </u>
11750
341
1387
6498
2491
525
1046
1000
<u> 16674 8364 </u>
Bal 8310
Explanation:
To record journal entries we should always make sure debit colum equals credit column.
Also, each account can only be used one time per entry and with one value.
The T-account represent all the movement of an account.
We list each debit and credit made to that account in the course of the accounting cycle.
Then we calcualte the difference and determinated the balance.
