FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

need your help on this one thank you! Prepare the entries to dose the revenue and expense accounts at December 31, 2020. List all debit

need your help on this one
thank you!
image text in transcribed
image text in transcribed
Prepare the entries to dose the revenue and expense accounts at December 31, 2020. List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually Date Account Titles and Explanation Debit Credit Dec 31 (To doserevenue Dec 31 (To dostopense

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Global Financial Accounting And Reporting Principles And Analysis

Global Financial Accounting And Reporting Principles And Analysis

Authors: Peter Walton, Walter Aerts

4th Edition

1473729521, 9781473729520

More Books

Students also viewed these Accounting questions

Question

★★★★★
Ayers Communications, Inc., is preparing its cash budget for the year ending December 31, 2017. Ayers ended 2016 with cash of $62 million and managers need to keep a cash balance of at least $71...

Answered: 1 week ago

Question

★★★★★
E 14-8 Acquisition excess allocation effects, specific account translation, and remeasurement 1. Fay had a realized foreign exchange loss of $15,000 for the year ended December 31, 2016, and must...

Answered: 1 week ago

Question

★★★★★
If for the events A and B we know that P(A) P(B) = 13, then P(A B) 13.

Answered: 1 week ago

Question

★★★★★
Jefferson Animal Rescue is a private not-for-profit clinic and shelter for abandoned domesticated animals, chiefly dogs and cats. At the end of 2016, the organization had the following account...

Answered: 1 week ago

Question

★★★★★
3. Ten moles of an ideal gas at C and 1 atm undergo a cyclic process using four consecutive processes. Use Cp=7/2RJ/molK - Isochoric heating to 25C; - Isothermal expansion to 400L; - Isobaric...

Answered: 1 week ago

Question

★★★★★
eBook Show Me How Calculator Print Item Entries for issuing Par Stock On October 31, Legacy Rocks Inc., a marble contractor, issued for cash 150,000 shares of $8 par common stock at $12, and on...

Answered: 1 week ago

Question

★★★★★
1. Precision Engineering Inc. (PEI) is a small manufacturer of precision tools used to construct research equipment for engineering departments at colleges and universities. It sells its two main...

Answered: 1 week ago

Question

★★★★★
Which of the following is most closely aligned with the concept of psychological safety? 1 point Leader is responsible for making the employee comfortable at all times. Leader ignores bad behavior in...

Answered: 1 week ago

Question

★★★★★
Continue Mini Case 1 (the Accounting Cycle Part 1), the following information is available for FastForward in September that may need adjustments.[1] By the end of September, FastForward has provided...

Answered: 1 week ago

Question

★★★★★
question 1 A nurse's aide alleged that on August 22, 2012, she was attacked while cleaning a resident's room by a male coworker who attempted to rape her. She was able to escape and reported the...

Answered: 1 week ago

Question

★★★★★
Karri's manager suspects that the batteries being produced lately don't have enough voltage. the null hypothesis at 5% For a left-tailed test, the critical value of z so that a hypothesis test would...

Answered: 1 week ago

Question

★★★★★
3.45 A bank classifies borrowers as high risk or low risk. Only 15% of its loans are made to those in the highrisk category. Of all its loans, 5% are in default, and 40% of those in default were made...

Answered: 1 week ago

Question

★★★★★
3.42 Market research in a particular city indicated that during a week, 18% of all adults watch a television program oriented to business and financial issues, 12% read a publication oriented to...

Answered: 1 week ago

Question

★★★★★
3.41 A coach recruits for a college team a star player who is currently a high school senior. In order to play next year, the senior must both complete high school with adequate grades and pass a...

Answered: 1 week ago

Previous Question Next Question