Assume the following adjustment data.
a. Supplies on hand at October 31 total $520.
b. Expired insurance for the month is $120.
c. Depreciation for the month is $135.
d. As of October 31, services worth $950 related to the previously recorded unearned revenue had been performed.
e. Services performed but unbilled (and no receivable has been recorded) at October 31 are $250.
f. Interest expense accrued at October 31 is $75.
g. Accrued salaries at October 31 are $1,520.
Required:
Prepare the adjusting entries for the items above.
Answers: 3
Business, 22.06.2019 11:20, murarimenon
Camilo is a self-employed roofer. he reported a profit of $30,000 on his schedule c. he had other taxable income of $5,000. he paid $3,000 for hospitalization insurance. his self-employment tax was $4,656. he paid his former wife $4,000 in court-ordered alimony and $4,000 in child support. what is the amount camilo can deduct in arriving at adjusted gross income (agi)?
Answers: 2
Business, 23.06.2019 00:00, zhellyyyyy
The gorman group is a financial planning services firm owned and operated by nicole gorman. as of october 31, 2016, the end of the fiscal year, the accountant for the gorman group prepared an end-of-period spreadsheet, part of which follows:
Answers: 2
Assume the following adjustment data.
a. Supplies on hand at October 31 total $520.
b. Expir...
b. Expir...
Mathematics, 27.03.2020 01:52
Mathematics, 27.03.2020 01:52
Mathematics, 27.03.2020 01:52
Mathematics, 27.03.2020 01:52
Mathematics, 27.03.2020 01:52