subject
Business, 04.07.2020 17:01 natalie2sheffield

Presented below are various account balances of K. D. Lang Inc.. Indicate whether each of the items below should be classified on December 31, 2020, as a current liability, a long-term liability, or under some other classification. Consider each one independently from all others; that is, do not assume that all of them relate to one particular business. a. Unamortized premium on bonds payable, of which $3,000 will be amortized during the next year. select a Classification b. Bank loans payable of a winery, due March 10, 2024. (The product requires aging for 5 years before sale and the loan will be paid from sales revenue.) select a Classification c. Serial bonds payable, $1,000,000, of which $200,000 are due each July 31. select a Classification d. Amounts withheld from employees' wages for income taxes. select a Classification e1. Notes payable due January 15, 2023. (operating cycle is greater than one year and current assets are used) select a Classification e2. Notes payable due January 15, 2023. (otherwise) select a Classification f. Credit balances in customers' accounts arising from returns and allowances after collection in full of account. select a Classification (g) Bonds payable of $2,000,000 maturing June 30, 2021. select a Classification h. Overdraft of $1,000 in a bank account. (No other balances are carried at this bank.) select a Classification (i) Deposits made by customers who have ordered

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 21.06.2019 20:30, Dericktopsom
Which of the following pairs is most similar to each other? a. barter goods and fiat money b. digital money and barter goods c. fiat money and digital money d. commodity money and digital money
Answers: 1
image
Business, 22.06.2019 03:00, bettybales1986
If you were running a company, what are at least two things you could do to improve its productivity.
Answers: 1
image
Business, 22.06.2019 19:00, michael1498
It is estimated that over 100,000 students will apply to the top 30 m. b.a. programs in the united states this year. a. using the concept of net present value and opportunity cost, when is it rational for an individual to pursue an m. b.a. degree. b. what would you expect to happen to the number of applicants if the starting salaries of managers with m. b.a. degrees remained constant but salaries of managers without such degrees decreased by 20 percent
Answers: 3
image
Business, 22.06.2019 20:20, wavymoney77yt
Direct materials (4.2 x $15) $ 63direct labor ($12 x 17.5) $210manufacturing overhead ($2.40 x 17.5) $42total job cost $ 315dougan, inc. allocates overhead based on a predetermined overhead rate of $2.40 per direct labor hour. employees are paid $12.00 per hour. job 24 requires 4.2 pounds of direct materials at a cost of $15.00 per pound. employees worked a total of 17.5 hours to complete the job. actual manufacturing overhead costs totaled $80,000 for the year for the company. how much is the cost of job 24?
Answers: 1
You know the right answer?
Presented below are various account balances of K. D. Lang Inc.. Indicate whether each of the items...

Questions in other subjects:

Konu
Mathematics, 14.06.2020 06:57
Konu
History, 14.06.2020 06:57
Konu
Social Studies, 14.06.2020 06:57