What is the proper adjusting entry the end of the fiscal
What is the proper adjusting entry at December 31, the end of the fiscal year, based on supplies account balance before adjustment of $5,200, and supplies inventory on December 31 of $1,200?
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On September 1, 2011, Core Company's balance sheet indicates there are 600,000 shares of $30 par value common shares in the Common Stock account and $4,500,000 in the Additional Paid-in Capital account.
Jasper Company has 30,000 shares of $80 par value, 5% cumulative preferred stock and 140,000 shares of $20 par value common stock. Jasper declares and pays cash dividends amounting to $225,000.
At what amount will accounts receivable be reported on the balance sheet if the gross receivable balance is $23,500 and the allowance for doubtful accounts is estimated at 4% of gross receivables?
Land costing $46,000 was sold for $79,000 cash. The gain on the sale was reported on the income statement as other income. On the statement of cash flows.
Zetor, Inc.'s June bank statement shows a June 30 balance of $9,050. Prior to reconciliation, its books show a cash balance of $8,710.
Lauren plans to deposit $6000 into a bank account at the beginning of next month and $225/month into the same account at the end of that month and at the end of each subsequent month for the next 7 yr.
The Johnsons have accumulated a nest egg of $15,000 that they intend to use as a down payment toward the purchase of a new house.
On January 1, 2008, Jeremiah Corporation had 40,000 of $12 par value common stock outstanding. On June 1, 2008, Jeremiah Corporation issued 10,000 shares of its common stock at $17 per share.
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