Before any year-end adjustments, the ryan company’s accounts payable had a total of $950,000 on december 31, 2020. the following adjustments were made: goods were in transit to ryan from a vendor on december 31, 2020. the invoice cost was $40,000. the goods were shipped f. o.b. shipping point on december 29, 2020, and were received on january 4, 2021. goods shipped f. o.b. destination on december 21, 2020, from a vendor to ryan were received on january 6, 2021. the invoice cost was $25,000. on december 27, 2020, ryan wrote and recorded checks to creditors totaling $30,000 that were mailed on january 10, 2021. the accounts payable amount for the december 31, 2020 balance sheet should be

Select the correct answer. the word intestate means that a person has died with or without a will?

Which feature is a characteristic of a corporation?

At december 31, 2018, newman engineering’s liabilities include the following: $29 million of 5% bonds were issued for $29 million on may 31, 1999. the bonds mature on may 31, 2029, but bondholders have the option of calling (demanding payment on) the bonds on may 31, 2019. however, the option to call is not expected to be exercised, given prevailing market conditions. $33 million of 4% notes are due on may 31, 2022. a debt covenant requires newman to maintain current assets at least equal to 194% of its current liabilities. on december 31, 2018, newman is in violation of this covenant. newman obtained a waiver from national city bank until june 2019, having convinced the bank that the company’s normal 2 to 1 ratio of current assets to current liabilities will be reestablished during the first half of 2019. $26 million of 7% bonds were issued for $26 million on august 1, 1989. the bonds mature on july 31, 2019. sufficient cash is expected to be available to retire the bonds at maturity. required: classify the above mentioned debts as current liabilities or noncurrent liabilities. also, provide corresponding value for the same. (enter your answer in millions (i. e., 10,000,000 should be entered as