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Z Company reconclles Its bank account and discovers that a previously deposited customer's check was returned for Insufficlent funds. What Journal entry corrects this?: *
Z Company reconclles Its bank account and discovers that a previously deposited customer's check was returned for Insufficlent funds. What Journal entry corrects this?: a Debit accounts receivable and credit cash b Debit accounts payable and credit cash c Debit miscellaneous expense and credit cash d Debit cash and credit accounts payable e Debit cash and credit accounts receivable Three years ago, Company acquired equipment for $ The equipment was depreclated using the stralght line method with a year useful life and $ salvage value. Now the equipment has an estimated market value of $ and a replacement value of $ At what net amount should Company report this equipment on Its balance sheet?: a $ b $ c $ d $ e $ Office supplies of $ were recelved and properly recorded In the general ledger. At the end of the accounting period, $ of office supplles are stIII on hand. The adjusting entry will require which of the following?: a Debit Office Supplies Expense and credit Office Supplies for $ b Debit Office Supplies Expense and credit Cash for $ c Debit Office Supplies and credit Accounts Payable for $ d Debit Office Supplies Expense and credit Accounts Payable for $ e Debit Office Supplies Expense and credit Office Supplies for $ M Company manufactures tables. At the beginning of December, the beginning work In process Inventory was units, which were complete for converslon. units were started in December. At the end of December, the ending work in process is units, which are complete for converslon. Using the FIFO process costing method, what are the December equivalent units for converslon?: a b c d e
Z Company reconclles Its bank account and discovers that a previously deposited customer's check was returned for Insufficlent funds. What Journal entry corrects this?:
a Debit accounts receivable and credit cash
b Debit accounts payable and credit cash
c Debit miscellaneous expense and credit cash
d Debit cash and credit accounts payable
e Debit cash and credit accounts receivable
Three years ago, Company acquired equipment for $ The equipment was depreclated using the stralght line method with a year useful life and $ salvage value. Now the equipment has an estimated market value of $ and a replacement value of $ At what net amount should Company report this equipment on Its balance sheet?:
a $
b $
c $
d $
e $
Office supplies of $ were recelved and properly recorded In the general ledger. At the end of the accounting period, $ of office supplles are stIII on hand. The adjusting entry will require which of the following?:
a Debit Office Supplies Expense and credit Office Supplies for $
b Debit Office Supplies Expense and credit Cash for $
c Debit Office Supplies and credit Accounts Payable for $
d Debit Office Supplies Expense and credit Accounts Payable for $
e Debit Office Supplies Expense and credit Office Supplies for $
M Company manufactures tables. At the beginning of December, the beginning work In process Inventory was units, which were complete for converslon. units were started in December. At the end of December, the ending work in process is units, which are complete for converslon. Using the FIFO process costing method, what are the December equivalent units for converslon?:
a
b
c
d
e
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