Total spa services earned $ 135 comma 000 of service revenue during 2018. of the $ 135 comma 000 earned, the business received $ 111 comma 000 in cash. the remaining amount, $ 24 comma 000, was still owed by customers as of december 31. in addition, total spa services incurred $ 80 comma 000 of expenses during the year. as of december 31, $ 16 comma 000 of the expenses still needed to be paid. in addition, total spa services prepaid $ 7 comma 000 cash in december 2018 for expenses incurred during the next year. 1. determine the amount of service revenue and expenses for 2018 using a cash basis accounting system. 2. determine the amount of service revenue and expenses for 2018 using an accrual basis accounting system.

Concrete consulting co. has the following accounts in its ledger: cash; accounts receivable; supplies; office equipment; accounts payable; jason payne, capital; jason payne, drawing; fees earned; rent expense; advertising expense; utilities expense; miscellaneous expense. transactions oct. 1 paid rent for the month, $3,600. 3 paid advertising expense, $1,200. 5 paid cash for supplies, $750. 6 purchased office equipment on account, $8,000. 10 received cash from customers on account, $14,800. 15 paid creditors on account, $7,110. 27 paid cash for miscellaneous expenses, $400. 30 paid telephone bill (utility expense) for the month, $250. 31 fees earned and billed to customers for the month, $33,100. 31 paid electricity bill (utility expense) for the month, $1,050. 31 withdrew cash for personal use, $2,500. journalize the following selected transactions for october 2019 in a two-column journal. refer to the chart of accounts for exact wording of account titles

Select the correct answer. sarah works in a coffee house where she is responsible for keying in customer orders. a customer orders snacks and coffee, but later, cancels th snacks, saying she wants only coffee. at the end of the day, sarah finds that there is a mismatch in the snack items ordered. which term suggest data has been violated? a. security b. integrity c. adding d. reliability e. reporting

Rachel died in 2014 and her executor is finalizing her estate tax return. the executor has determined that rachel’s adjusted gross estate is $10,120,000 and that her estate is entitled to a charitable deduction in the amount of $500,000. using 2014 rates, calculate the estate tax liability for rachel’s estate.