subject
Business, 22.09.2020 21:01 arletsolis23p2cjls

Sunland Company shows the following balances in selected accounts of its adjusted trial balance: Supplies $30,100
Service Revenue $113,000
Supplies Expense 5,400
Salaries and Wages Expense 40,100
Accounts Receivable 11,600
Utilities Expense 8,600
Dividends 21,800
Rent Expense 18,900
Retained Earnings 78,000
Journalize the closing entries at December 31.

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 04:30, csteward2917
Your take on decision making process
Answers: 1
image
Business, 22.06.2019 11:00, neash19
Why does an organization prepare a balance sheet? a. to reveal what the organization owns and owes at a point in time b. to reveal how well the company utilizes its cash c. to calculate retained earnings for a given accounting period d. to calculate gross profit for a given accounting period
Answers: 3
image
Business, 22.06.2019 17:00, justyne2004
Afinancing project has an initial cash inflow of $42,000 and cash flows of −$15,600, −$22,200, and −$18,000 for years 1 to 3, respectively. the required rate of return is 13 percent. what is the internal rate of return? should the project be accepted?
Answers: 1
image
Business, 22.06.2019 19:00, jediDR
Tri fecta, a partnership, had revenues of $369,000 in its first year of operations. the partnership has not collected on $45,000 of its sales and still owes $39,500 on $155,000 of merchandise it purchased. there was no inventory on hand at the end of the year. the partnership paid $27,000 in salaries. the partners invested $48,000 in the business and $23,000 was borrowed on a five-year note. the partnership paid $2,070 in interest that was the amount owed for the year and paid $9,500 for a two-year insurance policy on the first day of business. compute net income for the first year for tri fecta.
Answers: 2
You know the right answer?
Sunland Company shows the following balances in selected accounts of its adjusted trial balance: Su...

Questions in other subjects:

Konu
Mathematics, 10.11.2019 22:31
Konu
History, 10.11.2019 22:31
Konu
English, 10.11.2019 22:31