Business, 15.09.2021 01:00 ylianafghgfdsnm1479
Nona Curry started her own consulting firm, Curry Consulting Inc., on May 1, 2022. The following transactions occurred during the month of May. May 1 Stockholders invested $ 15,000 cash in the business in exchange for common stock. 2 Paid $ 600 for office rent for the month. 3 Purchased $ 500 of supplies on account. 5 Paid $ 150 to advertise for the month in the County News. 9 Performed services for customer for $ 1,400 cash. 12 Paid $ 200 cash dividend. 15 Performed $ 4,200 of services on account. 17 Paid $ 2,500 for employee salaries. 20 Paid for the supplies purchased on account on May 3. 23 Received a cash payment of $ 1,200 for services performed on account on May 15. 26 Borrowed $ 5,000 from the bank on a note payable. 29 Purchased office equipment for $ 2,000 paying $ 200 in cash and the balance on account. 30 Paid $ 180 for utilities. Prepare an income statement for the month of May 2022.
Answers: 2
Business, 22.06.2019 03:00, jayzeptor
For each separate case below, follow the 3-step process for adjusting the prepaid asset account at december 31. step 1: determine what the current account balance equals. step 2: determine what the current account balance should equal. step 3: record the december 31 adjusting entry to get from step 1 to step 2. assume no other adjusting entries are made during the year. a. prepaid insurance. the prepaid insurance account has a $4,700 debit balance to start the year. a re- view of insurance policies and payments shows that $900 of unexpired insurance remains at year-end. b. prepaid insurance. the prepaid insurance account has a $5,890 debit balance at the start of the year. a review of insurance policies and payments shows $1,040 of insurance has expired by year-end. c. prepaidrent. onseptember1ofthecurrentyear, thecompanyprepaid$24,000 for 2 years of rentfor facilities being occupied that day. the company debited prepaid rent and credited cash for $24,000.
Answers: 3
Business, 22.06.2019 10:30, gonzalesalexiaouv1bg
The advertisement demonstrates a popular way companies try to sell a product. what should consumers consider when it comes to the price of this product? it includes shipping and handling costs. it takes into account maintenance costs. it explains why this price is a good deal. it makes the full cost appears lower than it is.
Answers: 1
Business, 22.06.2019 15:50, fireemblam101ovu1gt
Evaluate a real situation between two economic actors; it could be any scenario: two competing businesses, two countries in negotiations, two kids trading baseball cards, you and another person involved in an exchange or anything else. use game theory to analyze the situation and the outcome (or potential outcome). be sure to explain the incentives, benefits and risks each face.
Answers: 1
Nona Curry started her own consulting firm, Curry Consulting Inc., on May 1, 2022. The following tra...
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