Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please show methods please show method Capitalia Co began the financial year with rent payable owing of 100. During the year, the business paid 13,600

please show methods image text in transcribed
image text in transcribed
please show method image text in transcribed
image text in transcribed
Capitalia Co began the financial year with rent payable owing of 100. During the year, the business paid 13,600 in rent and at the end of the year the business had paid 800 rent in advance What was the ront payable expense for the year to be shown in the income statement? A 62.900 O 2,800 OC. 13.100 OD. 13.000 John.commenced business on 1 January Year 9 During the year ending on 31 December Year 7. he bought a quantity of leather briefcases at a uniform cost and sold 5.800 of them at 50 each. An invertories check on 31 December Year established that he holde 650 nok briefcases Jahr gross profit for the year was 116,000 How much was the cost of each briefcase? -A 03378 OB 22:52 OC 20 OD 630 on commenced bunnen on 1 January Year a. Durante y ending on 31 December Year 9, te bought a quarty of other brent a un cost and sold 5,800 of them at 50 each. An inventores check on 31 December Year established that he boids 650 unsold briefcases. John's gross profit for the year was 116.000 How much was the cost of each briefcase? A. 633.78 OB 22.52 OC 20 OD. 130 Capitalia Co began the financial year with rent payable owing of C100. During the year the business peid 3,800 in rent and at the end of the year the business had paid 800 rent in advance What was the sont payable expense for the year to be shown in the income statement? A. 12,900 B. (2,800 OC 63.100 OD 3,000

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

Forecasting Volatility In The Financial Markets

Authors: Stephen Satchell, John Knight

2nd Edition

0750655151, 9780750655156

More Books

Students also viewed these Accounting questions

Question

=+ What is Pats EVwPI?

Answered: 1 week ago

Question

List the different categories of international employees. page 689

Answered: 1 week ago