Business, 29.01.2020 03:52 markusovaevelyn532
M. e. carter launched carter company, a professional services firm on march 1. the firm will prepare financial statements at each month-end. in march (its first month), carter executed the following transactions. a. carter (owner) invested in the company $300,000 cash and $60,000 in property and equipment. the company issued common stock to carter. b. the company paid $9,600 cash for rent of office furnishings and facilities for march. c. the company performed services for clients and immediately received $12,000 cash earned. d. the company performed services for clients and sent a bill for $72,000 with payment due within 60 days. e. the company compensated an office employee with $14,400 cash as salary for march. f. the company received $30,000 cash as partial payment on the amount owed from clients in transaction d. g. the company paid $2,805 cash in dividends to carter (owner). prepare an income statement for carter company for the month of march. do not use negative signs with your answers unless to indicate a net loss. carter company income statement for the month ended march 31 sale revenue answer 0 expenses rent expense answer 0 wage expense answer 0 answer 0 net income (loss) answer 0
Answers: 1
Business, 22.06.2019 07:40, genyjoannerubiera
Xyz corporation has provided the following data concerning manufacturing overhead for july: actual manufacturing overhead incurred $ 69,000 manufacturing overhead applied to work in process $ 79,000 the company's cost of goods sold was $243,000 prior to closing out its manufacturing overhead account. the company closes out its manufacturing overhead account to cost of goods sold. which of the following statements is true? multiple choice manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000
Answers: 1
Business, 23.06.2019 02:20, chaanah
The director of the federal trade commission (ftc) bureau of consumer protection warned that the agency would bring enforcement action against small businesses that select one: a. failed to inform the public about network failures in a timely manner b. failed to transmit sensitive data c. did not report security breaches to law enforcement d. lacked adequate policies and procedures to protect consumer data.
Answers: 2
M. e. carter launched carter company, a professional services firm on march 1. the firm will prepare...
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