Lois Long received $300 of merchandise from Blue Co. What would be the journal entry on the
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
LONG ...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
College Accounting A Practical Approach
ISBN: 978-0132564441
11th Canadian Edition
Authors: Jeffrey Slater, Brian Zwicker
Question Posted:
Students also viewed these Accounting questions
-
Prepare a sensitivity analysis question with an Excel Sensitivity analysis report and answer it. Make sure your question asks about the following a. Optimal solution b. Optimal objective function c....
-
What are three examples of data models? Which one is the most popular type?
-
What other forms of leader behavior besides those cited in the chapter can you identify?
-
Lois Long received $300 of merchandise from Blue Co. What would be the journal entry on the books of both the buyer and the seller?
-
Missing information in a schedule of cost of goods manufactured Required Supply the missing information on the following schedule of cost of goodsmanufactured. DEWBERRY CORPORATION Schedule of Cost...
-
Homework: Chapter 10 Homework Save Score: 0 of 3 pts 4 of 9 (5 complete) HW Score: 28.6%, 5.72 of 20 pts E10-21A (similar to) Question Help Data on three unrelated companies are given in the...
-
Journalize the following transactions:
-
Given the following, calculate net sales and net purchases:
-
Why is poor delegation of authority often found to be the most important cause of managerial failure?
-
21) A solid ball of radius R has a mass of 2 kg and is initially stationary on a flat surface. It is then hit by a 5 g bullet initially traveling at 1000 m/s. In a one-in-a- million shot, the bullet...
-
Risk Perception Benefits are: Group of answer choices Risks perceived as unevenly and inequitably distributed are less readily accepted than risks perceived as equitably shared Risks perceived to...
-
Q1. Your client is a manufacturer of women's clothing. The company manufacturers everything from shorts and t-shirts to professional and formal attire for women. The visualization titled "Number of...
-
Frank Rogers owns a small firm that manufactures "Rogers Sunglasses."Frank has been approached by REI about selling a seasonal sunglass design through their stores. Frank offers REI two purchasing...
-
Bias can be very difficult to overcome. For instance, social networks help people get jobs. While this benefits some, it means that it is harder for those outside the network. Why does this...
-
The crane shown rotates at the constant rate 1 = 0.25 rad/s; simultaneously, the telescoping boom is being lowered at the constant rate 2 = 0.40 rad/s. Knowing that at the instant shown the length of...
-
Open Text Corporation provides a suite of business information software products. Exhibit 10-9 contains Note 10 from the companys 2013 annual report detailing long-term debt. Required: a. Open Text...
-
Using the following trial balance and adjustment data for Vivian?s Repair Co. of Windsor, prepare1.?A worksheet for October2. An income statement for October, a statement of owner?s equity for...
-
What is the relationship of internal transactions to the adjusting process?
-
What is the relationship of internal transactions to the adjusting process?
-
1. Consider a binomial experiment with n = 10 and p = .10. a. Compute f(0). b. Compute f(2). c. Compute P(x 2). d. Compute P(x 1). 2. During the period of time that a local university takes phone-in...
-
13. Mickey Mouse Furniture sold two products: baby beds and playpens. Sales are 60% and 40% respectively. Total fixed costs are $92,070. The baby bed's unit selling price is $150, and variable cost...
-
A Cash Basis corporation that incurs but does not pay qualifying Organizational Expenditures before the end of ts first tax year of operations may include such expenses in the one hundred eighty...
Study smarter with the SolutionInn App