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1. Amounts owed to suppliers for products or services purchased on open account are called: a. notes payable b. unearned revenues c. accounts payable d. accrued expenses Table 1 A $10,000, 90 day, 12% note payable was issued on November 1, 19X10. 2. Referring to Table 1, what […]
Write the pseudocode for a Metric Conversion application program that is menu-driven. First, the program displays a Main Menu that states the purpose of the program and allows the user to select one of five metric system measurements or quit the program in the following manner: Press the 1 key to convert meters to U.S. yards […]
penn_foster_exam_061696rr x Questions are attached !! 1. Brandon Company had extraordinary losses of $150,000. If its corporate tax rate is 30%, at which amount will the losses be shown on the income statement? A. $105,000 B. $45,000 C. $150,000 D. Not enough information is given to answer the question. 2. Operating cash flows affect A. […]
penn_foster_exam_061520rr x Questions are attached !! 1. During a recent week, incurred wages were $700. However, $280 of the wages hadn’t been paid. The adjusting entry for wages would be A. debit wages expense, $420; credit wages payable, $420. B. debit wages payable, 420; credit wages expense, $420. C. debit wages expense, $280; […]
EACH DISCUSSION MUST BE AT LEAST 150 WORDS AND CLEARLY SEPERATED. T DISCUSSION 1 Deductive Language Construct a deductive argument that is valid but not sound. Then, construct a valid deductive argument that is sound. Be sure to put the argument in premise-conclusion form. DISCUSSION 2 Inductive Language […]
Television & Cultural Pluralism Students will be asked to write a research paper that examines a popular television program in terms of its depiction of issues revolving around the area of cultural pluralism (race, ethnicity, gender, sexuality). Choose one of the following to write on: All in the Family or The Cosby Show Write […]
A company purchased 100 units for $20 each on January 31. It purchased 100 units for $30 on February 28. It sold 150 units for $45 each from March 1 through December 31. If the company uses the Last-In, First-Out inventory costing method, what is the amount of Cost of goods sold on the December […]
A new furnace for your small factory will cost $43,000 a year to install and will require ongoing maintenance expenditures of $4,000 a year. But it is far more fuel efficient than your old furnace and will reduce your consumption of heating oil by 4,000 gallons per year. Heating oil this year will cost $3 […]
The Robinson Company has the following current assets and current liabilities for these two years: 2010 2011 Cash and marketable securities $ 50,000 $ 50,000 Accounts receivable 300,000 350,000 Inventories 350,000 500,000 Total current assets $700,000 $900,000 Accounts payable $200,000 $250,000 Bank loan 0 150,000 Accruals 150,000 200,000 Total current liabilities $350,000 $600,000 If sales […]
1. (TCO 9) Which of the following is a major accounting contribution to the managerial decision-making process in evaluating possible courses of action? (Points : 4) Determine who is responsible for the decision. Prepare internal reports that review the actual impact of a decision made. Calculate how much should be invested for each potential project. […]
