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plz give answer to all question Roofer's Inc. had an operating line of credit of $100,000 and overdrew its bank balance to result in a
plz give answer to all question Roofer's Inc. had an operating line of credit of $100,000 and overdrew its bank balance to result in a negative cash balance of $33,000 at year-end. This would be reported in the statement of financial position as Select one: a current asset of $67,000. a current asset of $(33,000). a non-current liability of $67,000. a current liability of $33,000. Angel Eyes Corporation operates on a calendar year basis. The company is in its first year of operations and received its annual property tax bill on March 31 for $21,000. The bill is due May 1. Even though the company records adjusting entries on a monthly basis, no entries related to property taxes have been recorded. Assuming appropriate adjusting entries were completed for the April month end, what entry should be recorded for the payment on May 1? Select one: debit property tax payable $15,750 and credit to cash $15,750. debit prepaid property tax $21,000 and credit cash $21,000 debits to prepaid property tax and property tax payable for $14,000 and $7,000, respectively and credit to cash $21,000 debits to prepaid property tax and property tax expense for $14,000 and $7,000, respectively and credit to cash for $21,000 The following totals for the month of April were taken from the payroll register of Branson Corp.: Gross salaries.. $26,850 CPP withheld... 1,330 Employee income taxes withheld..... 5,785 Medical insurance deductions.......... 930 El withheld.... 478 Union dues withheld......... 446 The journal entry to record payment of the net payroll would include a Select one: credit to Cash for $26,850. debit to Salaries Payable for $15,300. debit to Salaries Payable for $17,881. debit to Suturi Puyable for $21,065
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