subject
Business, 16.07.2021 01:10 yungkxng57

Selected data from the ledger of Beck Co., after adjustments, on September 30, the end of the fiscal year, are listed as follows: Accounts Receivable $39,120
Prepaid Insurance $4,680
Accumulated Depreciation 60,540
Note Payable 77,750
Administrative Expenses 90,000
Retained Earnings 25,000
Common Stock 65,000
Salaries Payable 3,060
Cost of Goods Sold 550,000
Sales 950,000
Dividends 65,000
Selling Expenses 102,000
Interest Revenue 10,000
Supplies 3,125
Office Equipment 82,700

Required:
Prepare a single-step income statement.

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 21.06.2019 22:20, kota87
On january 1, jackson, inc.'s work-process inventory account showed a balance of $ 66,500. during the year, materials requisitioned for use in production amounted to $ 70,500, of which $ 67,700 represented direct materials. factory wages for the period were $ 210,000 of which $ 187,000 were for direct labor. manufacturing overhead is allocated on the basis of 60% of direct labor cost. actual overhead was $ 116,050. jobs costing $ 353,060 were completed during the year. the december 31 balance in work-process inventory is
Answers: 1
image
Business, 22.06.2019 19:00, nativebabydoll35
In north korea, a farmer’s income is the same as a dentist’s income. in a country with a mixed or market economy, the difference between those two professions might be more than 5 times different. how can you explain the fact that individuals doing the same work in different countries do not earn comparable salaries?
Answers: 1
image
Business, 22.06.2019 20:40, ccory0626
Answer the questions about keynesian theory, market economics, and government policy. keynes believed that there were "sticky" wages and that recessions are caused by increases in prices. decreases in supply. decreases in aggregate demand (ad). increases in unemployment. keynes believed the government should increase ad through increased government spending, but not tax cuts. control wages to increase employment because of sticky wages. increase employment through tax cuts only. increase as through tax cuts. increase ad through either increased government spending or tax cuts. intervene when individual markets fail by controlling prices and production.
Answers: 2
image
Business, 22.06.2019 22:00, Kira4585
Retail industry fundamentals credential exam, part 1 all answers
Answers: 3
You know the right answer?
Selected data from the ledger of Beck Co., after adjustments, on September 30, the end of the fiscal...

Questions in other subjects:

Konu
Mathematics, 01.03.2020 07:43
Konu
English, 01.03.2020 07:45
Konu
Mathematics, 01.03.2020 07:45