• Suggest you make changes such as the following so that all of your dates will display as four digit years. If you do not do this you may not be able to distinguish which part of the date is the year, the month, day; and have further difficulty knowing whether you actually have a 19xx year or a 20xx year.
  • There are two entries to record Depreciation Expense. Say we are depreciating a TruckDebit Depreciation Expense - Equipment TruckCredit Accumulated Depreciation - Equipment TruckAt the end of the ...
  • The adjusting entry will involve the following accounts: The adjusting entry for Accounts Payable in general journal format is: The balance in the liability account Accounts Payable at the end of the year will carry forward to the next accounting year. The balance in Repairs & Maintenance Expense at the end of the accounting year will be closed ...
  • At year-end, the company will have accrued eleven months of interest expense at $300 per month, for a total of $3,300. To record the payment, the cash account will be reduced by a credit and the liability account with a debit, resulting in the following adjusting entry: Debit Bond Interest Payable 3,300 Credit Cash 3,300
  • Year-end net assets would be overstated and current expenses would be understated as a result of failure to record which of the following adjusting entries? a. Expiration of prepaid insurance b. Depreciation of fixed assets c. Accrued wages payable d. All of these 48.
  • There are two entries to record Depreciation Expense. Say we are depreciating a TruckDebit Depreciation Expense - Equipment TruckCredit Accumulated Depreciation - Equipment TruckAt the end of the ...
  • There are plenty of opportunities that do not require tertiary education but need a temporary working visa. Certain provincial nominee programs target This is also a path to consider aside from the programs below as some of these are not part of the Express Entry system and are included here as...
  • Dec 18, 2020 · Once you locate these items, you'll need to adjust your G/L balance to reflect them. For instance, the bank charged your business $30 in service fees, but it also paid you $5 in interest.

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2. An entry test is not required in universities nowadays. Grades in the subjects you take in the final years of secondary education is what usually counts and in many countries people also have to do an entry test. 9. Yesterday I fell asleep before the end of the movie, so I cannot tell you how it ended.
Dec 18, 2020 · Once you locate these items, you'll need to adjust your G/L balance to reflect them. For instance, the bank charged your business $30 in service fees, but it also paid you $5 in interest.

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Let’s assume that the Hugo Company declared, on June 17, 2009, a scrip dividend in the form of a three-month promissory note amount to $1 a share on 3,000,000 shares outstanding. The interest rate on the notes is 10% per year. The following journal entries are required: 1. At the date of declaration, June 17, 2009 [Debit].

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The following are the general rules regarding AP (expense) accruals: • Accounts payable accruals should be made for items where a good or service has been received in the current fiscal year but will not be paid for prior to year-end. This includes items for which an invoice has been received but not paid, as well as items for which no
You also have to make sure it’s not a leap year (see note.) So your calculation get harder. Note: a leap year does not strictly fall on every fourth year. If a year is divisible by 4, then it is a leap year, but if that year is divisible by 100, then it is not a leap year. However, if the year is also divisible by 400, then it is a leap year.