accounting gurus back me!! I am screwed on this quiz?
Question:
#
On July 1, 2009, Allen Company signed a $100,000, one-year, 6 percent note payable. At due date, June 30, 2010, the principal and interest will be compensated. Interest expense should be reported on the income statement (for the year ended December 31, 2009) as
(2 points)
a.
$6,000.
b.
$3,000.
c.
$1,500.
d.
$1,200.
e.
None of the above is correct.
Answer:
The answer is 3,000.
While not salaried out immediately, the interest should be expensed as it is accrue. As half of the residence of the note have expired by the end of the fiscal time, half of the total interest of the facts should be realized.
Depending on your accounting methods, I'm thinking that the answer is "zero". It is a liability but not nonetheless an expense, since you haven't paid it...
I'll delete my answer if someone else have a better answer.
i still haven't overcome my trauma yet. i stipulation more time to heal myself.
Where can I find out in the order of the price of commodities contained by 1987?
Question:
Has anybody got a obedient website i can research prices of goods and houses etc also word stories, thanks within advance
Answer:
ask DR WHO
U CAN'T
did the company sear & roebuck drop the "roebuck" cross a moment ago because he be a black personage?
Question:
are just to product it short!
Answer:
Alvah Curtis Roebuck, co-founder of Sears, Roebuck and Co., was born on January 9, 1864, contained by Lafayette, Ind.
When Alvah was three years aged, his family moved to a dairy farm about five miles outside of Lafayette. It be there that Alvah attended country institution, and his mother took over the family plough when her husband died in 1876.
At an untimely age, Alvah showed a great interest in powered things, and at 16 he was already a self-taught watchmaker. When he reach 22, Alvah secured a position in a small jewelry store within Hammond, Ind. The following year, impatient to get ahead and earn more money, he begin scanning the help-wanted section of Chicago newspapers.
On April 1, 1887, Roebuck answered an announcement for a watchmaker in the Chicago Daily News, and two days subsequent he received a reply—Richard W. Sears wanted to hire him. Thus begin the association of two men who would soon form one of the world's best-known business partnerships. The firm be incorporated as Sears, Roebuck and Company in 1893.
In 1895, Roebuck asked Sears to buy him out. However, at Richard Sears' request, he took charge of a division that handle watches, jewelry, optical goods, and, after that, phonographs, magic lantern and motion picture machines. His business interests did not end next to Sears. He later organized and financed two companies: a businesswoman and a distributor of motion picture machines and accessories. Roebuck also served as president (1909-1924) of Emerson Typewriter Company, where on earth he invented an improved typewriter, call the "Woodstock."
After several years in semi-retirement within Florida, the financial losses he suffered in the stock bazaar crash of 1929 forced Roebuck to return to Chicago. By 1933, Roebuck had rejoined Sears, Roebuck and Co., where on earth he largely devoted his time to compiling a history of the company he helped found.
Then, surrounded by September of 1934, a Sears store manager asked Mr. Roebuck to brand a public appearance at his store. After an enthusiastic public turnout, Mr. Roebuck went on tour, appearing at retail stores across the country for the subsequent several years.
Alvah Roebuck returned to his desk at company headquarters in Chicago, where on earth he enthusiastically assumed the task of compiling a corporate history until his extermination on June 18, 1948.
There is a photograph of the man on the link provided, Mr. Roebuck be not an African-American.
Just To Make It Shorter And Sears Sounded More Catchy
The name of the company is Sears,Roebuck & Co.
It also catalogue 3 or 4 other partners,over the years it be trimmed down to Sears probably to make it more simple and concise.
All of the innovative parteners are dead so theyr inner health are spared..
Wow Jim gives a long answer, but not to the sound out that was asked.
There is no longer a company name "Sears Roebuck & Company"
The name is "Sears Holdings Corporation"
It is traded on the NASDAQ stock open market under the symbol "SHLD".
The company, which be created through the March 2005 merger of Kmart Holding Corp. and Sears, Roebuck and Co., is the nation's third largest broadline retailer, with some 3,800 full-line and specialty retail stores surrounded by the U.S. and Canada.
How much does paypal cost?
Question:
does it cost anything to have a regular side?
how do i get my money?-does it cost anthing to transport me my money?
Answer:
Paypal is free to send money. Money you receive is kept contained by the account until you use it or cancel it. It is free to withdraw your money to your sandbank account, but you own to pay a tax if you want them to send you a check. They immediately also have online debit. Here is the duty schedule:
Paypal does not cost anything and is so sensible!
Just go to http://www.paypal.com it will transmit you every thing you involve to know. I don't know what I'd do without my Paypal article.
It does not cost anything to join Paypal. But they do charge fees on transaction. You can fund and annul money directly to your bank narrative. I have be using it for years and never had problems next to it.
Pay Pal is free if you are just using it to breed purchases (like on eBay etc...). If you are planning to use it as a seller (receiving funds from buyers) the following connection gives the breakdown of fees: http://www.paypal.com/cgi-bin/webscr?cmd...
I own a Pay Pal account and I use it a moment ago like any other ridge account, explanation that I can make deposits and withdrawls at will. I own a Debit card to the account and as soon as the funds hold posted I can access them by either making purchases using my card or I can turn to any bank and annul the funds (of course if I do this I have to compensate a small fee to the ATM that I'm using next to is usually only a dollar or two). I love Pay Pal and own had categorically no problems with my vindication.
How do I promise beside a partner who keep shifting his mind going on for previous decision?
Question:
I work in a company (direct sales) near a partner. We split everything we do. He makes decision about practices or citizens in the company--like troop calls, wasting time near other people, etc. to not verbs those practices. Then a month or two goes by and he change his mind, and decides to turn back to the call that were time waster before, or practices we have decided be a waste of time and money, such as buying lead from a particular company. I enjoy a difficult time with this, as I believe it is also a excess of time to revisit a decision you own already made. We had a huge disagreement around this tonight, and it is affecting both our business and personal relationship. How do I deal beside his decisions just about changing his mind so commonly?
Answer:
You need to document EVERYTHING you do to hold a paper trail to support your finding
You both need to be on commission.
If he requirements to waste time going put a bet on on forth with his clients, great. Meanwhile, you travel make your own sale and don't worry so much around his loss of the bread. Let him do his thing until he see you raking contained by the $$$ and he will likely follow suit, increasing your business as ably.
How do I find out if my invention have already, or surrounded by the process of, be patented?
Question:
Answer:
You need to do a government grant search. Your local library may be capable of help you do this or you can contact a decree firm that specializes in official document law.
rights lawyers do that
Go to bring it patented yourself and then they will detail you if there is a duplicate/similar item. Don't consult invention corporations, they steal accepted wisdom.
A friend of yours requests to start her own pet sitting business. She already have a business license specifically req
Question:
A friend of yours wants to start her own pet sitting business. She already have a business license that is required within her city. She has have a personal checking account for years. You own told her that she also needs to overt a separate account for her business requirements, but she does not understand why. Explain to her why she should own a business account separate from her personal picture
Answer:
1.Separating your personal and business finances will allow your company to take export tax deductions for expenses.
2. The most celebrated reason for a separate business statement is you can keep business expenses separate.
Are occupation consultant companies obedient?
Question:
I have be approached by career consultants to some extent than main companies (so far). They provide free training and donate job to companies who are their clients. Things nouns good. But is that the solid story? Can any one help me, possibly next to real experience?
Answer:
Career placement companies are better.
I am taking an accounting quiz,..entail minister to.?
Question:
The following is an example of an error that will not be discovered on the trial balance.
(2 points)
a.
An entry be posted as a debit to cash for $500 and credited to accounts receivable for $5,000
b.
An entry be journalized and posted as a debit to cash for $500 and a credit to sale revenue $500 when we collected a customer's account
c.
An entry be journalized and posted as a debit to wages expense for $20,000 and a debit to wages payable for $20,000
d.
All of these would be errors discovered on the trial balance
e.
None of these would be errors discovered on the trial stability
.
which one is the correct answer ?
Answer:
d.
"a" is wrong because you have $500 within debit and $5,000 in credit.
"b" is wrong because you don't credit revenue when you collect change, you credit accounts receivable.
"c" is wrong because you don't do a double debit. You credit one account and debit one article.
b
Finance and Food- Help!!?
Question:
For a college English class, I need to write a composition either on Finance and/or on Food. I would however approaching to combine these two areas (finance and food) and write my paper on this combined topic. I would love recommendation or ideas for my composition, a topic that combines finance and food. If not, freshly a really good food topic. I enjoy to present my paper after I'm done near it, so a really interesting/fun topic would be really helpful! Thanks!
Answer:
Do a rag on the commodities trade of Coffee. Sounds boring but start doing some research into the history and you will see the vast amount of information available on the topic.
Doesn't enjoy to be coffee, but that is the most interesting as it spans into oodles 3rd world countries, meaning there's seriously of blood shed over coffee.
Although it may be hard to research, if you could come up beside the data, I reason the historical economic impact of prompt food would be a tremendous topic.
The facets of this are indefinite. They stretch from investment in unknown restaurants, to the health costs of plumpness.
watch food make friends or how its made on the dsc channellthey always own interesting stuff on there close to how marshmallows are made or mass candy bar production...later research the company and its stock (for instance m&m/mars) and show the
economics of the product.also youd be very surprised at the interesting facts you will find outlike did you know that campbells soup is not precooked?it is placed within the can and then cooked and that the foot held can opener be not invented until about 50 years after the invention of the can!immediately theres some neat-o stuff!
How to reimburse for the Six SIgma Black Belt class?
Question:
I have be turned down for all grant and financial aide, and I can not afford the $4000.00 for the class, if you do not have a guard account how can you do it. The financial sucess of a black belt is amazing and surrounded by high emergency, it is a chance for a great adjectives and a help for my ethnic group. Any suggestions all are welcome
Answer:
Hello QualityGal,
If there are no financial grant available then the subsequent best options is self study. You can depend on books, websites, and friends to crack the citations exam. Here are some simple suggestions to get you started:
1. Review Six Sigma Body of Knowledge at http://www.asq.org/certification/six-sig... . The topics surrounded by this Body of Knowledge include additional detail within the form of subtext explanations and the cognitive level at which the question will be written. This information will provide useful guidance for you contained by preparing to take the exam. Also look at http://www.asq.org/certification/six-sig... for taste questions.
2. Consider becoming extremity of ASQ - it is not expensive - about US$ 100.00 or so - it have wealth of adjectives information.
3. Look at good six sigma network sites for learning concepts. Examples are http://www.discover6sigma.org/ and http://www.isixsigma.com/
4. You can download worthy stat/quality analysis tools for trial to learn & experiment next to data. Examples are MINITAB (for analysis) and Crystall Ball (for Simulation). MINITAB have another simple product called competence companion. You can download trial versions and spend focussed force learning.
5. Buy apposite books on stats & six sigma quality for study.
6. And if budget permit, consider joining an online course at ASQ (www.asq.org) or http://www.sixsigmalive.net . Look at ASQ Black Belt Course at https://secure.asq.org/perl/elearning/ca...
Hope it works for you.
Warm Regards,
SKS
Are usps priority communication packages ship via air/airplane.?
Question:
By that i mean are Usps priority post packages shipped from state to state by air surrounded by an airplane. And then deliver by truck.
Answer:
Depends on how far they have to travel. For instance Houston to Dallas is nearly 200 miles - so they go by truck over dark - it's only a 4 hour drive.
But if it's going to Denver, or New York - it flies.
yes
Shipping??
Question:
Im talking in the order of a toy or a wallet? how do you ship it to other people around the world? UPS? How? (all the basics)
Answer:
I'd pick UPS or FedEx over USPS as USPS is lone able to track a pack till it leaves the country; after that, it's up to the recipient's country to track the package and it might be a genuine headache to track down something that has gone missing.
Take your item, wrap it contained by bubble-wrap if it is fragile, put it in a box that's not too huge (FedEx and UPS charge more for larger packages) but still have room for you to fill it near tissue paper, shredded weekly, packing peanuts, or another material to protect it during shipping. Tape it up thoroughly well, affix the shipping sign, and take it to a Kinko's (FedEx) or UPS Store. They'll construct sure it's properly labelled and notify you how much it will cost to get it within. Make sure to ask for delivery confirmation.
that depends on where on earth you live and where it is going. expresspost is terrifically good and pretty good.
The ending time you hand money over to someone, what be it for?
Question:
Answer:
4 pints of milk, 2 bars of chocolate, The sun, kinder egg and a flump
A sandwich.
My wife. for peace
Cheese and onion toastie.
Lottery ticket
Today. It be for the shopping that I bought
I bought stuff at WalMart.
My children's lunch money for school,this morning.
20mins ago ,for the evening weekly (dont know why i bother?? ) i get more info on here !!
Tescos shopping
for milk
The bus driver today for a ticket. Boring but true. The time earlier that was for a cherry coke. Almost as boring. I guess most financial transactions are boring. I guess if you stood outside a brothel and asked the population who were disappearing this question you would win some more interesting answers!
coffee in Mcdonalds
Twix and a Coke on the style home. I am well hygienic...
how much is the zela collection edition disk worth today? 20 or 40 years from in a minute? Is it firm to find today?
Question:
Tell me the truth
Answer:
Not sure exactly what you are referring to, but I suggest you check on eBay to see if the item is available and what it is selling for.
I assume it will be worth more in 20 or 4o years, if it is within mint condition with adjectives the stuff it should have (box, paraphernalia, etc.) but no way to recount how much.