General Business Questions and Answers

At the running out of the current year, $7,234 of fees hold be earn but own not be billed to clients (details?

Journalize the adjusting entry to text the accrued fees. What is the finish balance of the Accounts Recievable details from the adjusted trial? Is it A) $28,350 B) $32,150 C) $34,550 or D) $36,450 Thanks


Answers: At the appendage of the current year, $7,234 of fees have be earned but own not been billed to clients
Dr Accrued receivables $7,234
Cr Fees revenue $7,234

I can't answer the 2nd module due to lack of information.
You don't provide ample information to solve the problem.

Supplies depiction have a outset stability $1,245, and be debit for (details below)?

$2,860 for supplies purchased during the year. Journalize the adjusting entry required at the shutting of the year assuming the amount of supplies on hand is $1,349. What is the adjust entry? A) debit supplies expense $1,349 and credit supplies $1,349 B) debit supplies expense $4,105 and credit supplies $ 4,105 C) debit supplies expense $2,756 and credit supplies $2,756 or D) debit supplies $1,349 and credit supplies expense $1,349 Thanks


Answers: Supplies account have a beginning match $1,245, and was debit for $2,860 for supplies purchased during the year. Journalize the adjusting entry required at the downfall of the year assuming the amount of supplies on hand is $1,349
Beg. supplies $1,245
make the addition of Purchases $2,860
less Ending bal. $1,349
= supplies used up $2,756

C) debit supplies expense $2,756 and
credit supplies $2,756

Is becoming a Finance Director hard work ?




Answers: Yes

Any good job is hard work there, and hard work in other jobs for years before qualify for the better job.

The entirety of this site is protected by copyright © 2008. All rights reserved. RunEye.com