On October 1 Of The Current Year A Company Received
On October 1 Of The Current Year A Company Received. Company sold merchandise on account to a british company for 2,000 pounds (exchange rate, 1 pound = $1.43). 152 and net sales of $425,000 for the current year.
The interest receivable on december 31 of the current year would consist of an amount representing Question on november 1 of the current year, a law firm received $5,400 for legal services to be performed evenly through the next 12 months. At that date, zimmerman debited cash and credited unearned rent revenue for $8,760.
The Exchange Rate Was $1.50 On Collection In January Of The Subsequent Year.
Company sold merchandise on account to a british company for 2,000 pounds (exchange rate, 1 pound = $1.43). At that date, zimmerman debited cash and credited unearned rent revenue for $8,760. The following information is obtained from the bank statement and from the records of the business:
Record The Following Transactions In General Journal Form For Karen Heller Company.
Business accounting q&a library on october 1, bentley delivery services acquired a new truck with a list price (fair market value) of $75,000. On october 1 of the current year a corporation sold, at par plus accrued interest, $1,000,000 of its 12% bonds, which were dated july 1 of this year. The adjusting entry for the current year ended dec.
At The Same Time, The Entity Subcontracted For Production Of The Special Order Goods At A Price Equal To 40% Of The Main Contract Price.
Debit to unearned service revenue for $4,500. Wray company provided the following data for the current year: On september 1 of the current year, zimmerman collected six month's rent of $8.640 on storage space.
Wiley Hill Opened Hill's Repairs On March 1 Of The Current Year.
On october 1 of the current year, a company received $ 9 comma 600$9,600 for services to be performed evenly over the next six months. Assume that on february 3, 2020, anderson co. During march, the following transactions occurred:1.
62) On October 1 Of The Current Year, A Company Received $4,800 For Services To Be Performed Evenly Over The Next Four Months.
The face amount of the note receivable and the entire amount of the interest are due on september 30 of next year. Question on november 1 of the current year, a law firm received $5,400 for legal services to be performed evenly through the next 12 months. The company paid $2,000 cash to rent office space for the month of march.
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