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Type: Posts; User: jahubb

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  1. Answers
    3
    Views
    629

    OK, lets try this again Would it be, additions...

    OK, lets try this again
    Would it be, additions to property and equipment
    Purchases of available for sale securities
    Sales of available for sale securities ?
  2. Question: Journal entries

    by jahubb
    Answers
    6
    Views
    1,286

    Thank You, I guess I am one of the people, but,...

    Thank You, I guess I am one of the people, but, thinking about it now I do that often.
  3. Answers
    3
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    629

    Cash flow statement

    Can someone please check this? Here is my question.
    Give at least three examples of circumstances that would result in the bottom line of investing activities section of the cash flow statement...
  4. Question: Journal entries

    by jahubb
    Answers
    6
    Views
    1,286

    Ok, let's see if I have this right now, Treasury...

    Ok, let's see if I have this right now,
    Treasury stock 45,000
    Cash 39,000
    Additional Paid in Capital ...
  5. Question: Journal entries

    by jahubb
    Answers
    6
    Views
    1,286

    Still can't figure this out

    Still can't figure this out
  6. Answers
    3
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    722

    Please check if this is right. I'm still confused...

    Please check if this is right. I'm still confused about the cash at the beginnin of the year.
    CASH FLOWS FROM OPERATING ACTIVITIES
    Cash generated from operations ...
  7. Question: Journal entries

    by jahubb
    Answers
    6
    Views
    1,286

    Journal entries

    Help, Help This is to confusing, I'm really trying I just don't understand
    Here is the questions:
    Little Flower Shop presented the stockholders' equity section of its balance sheet on 1/1/2008 as...
  8. Answers
    3
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    722

    Cash Flow Statement

    This is really confusing to me. Can someone tell me if I have this problem correct.
    Dayton Corporation was organized on January 2, 2008 with the investment of 450,000 in cash by its stockholders....
  9. Answers
    1
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    574

    Statement of Cash Flow

    What does the statement of cash flows tell me that the income statement can't
  10. Question: Callable bonds

    by jahubb
    Answers
    0
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    498

    Callable bonds

    Some one please help, I've been reading my one paragraph over and over, There just isn't enough information to figure this out. Here is the problem
    On January 2, 2008 a company issued $500,000, 10...
  11. Question: Treasury stock

    by jahubb
    Answers
    3
    Views
    1,867

    Treasury stock

    Can someone please tell me if I have figured this out correctly.
    On March 1, Joe's Bistro required 600 shares of common stock at $10 per share.
    Joe's Bistro sold all of the treasury shares on...
  12. Question: Allcated income

    by jahubb
    Answers
    2
    Views
    524

    Maggie Mouse, Thank You!

    Maggie Mouse, Thank You!
  13. Question: Allcated income

    by jahubb
    Answers
    2
    Views
    524

    Allcated income

    :eek: I'm so confused, someone please help!
    M and C are partners. At the beginning of the current year, M's capital account is $ 30,000
    An C's is $ 50,000. M and C decided to allocate income with...
  14. Answers
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    437

    Debt to equity ratio

    Would someone please tell me if my answer is correct, Please
    A corporation's balance sheet showed the following amounts:
    Current Liabilities $ 20,000
    Bonds Payable $ 60,000...
  15. Answers
    0
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    1,391

    highest present value

    Assuming an interest rate of 6%, which of the following payment alternatives has the highest present value?
    A. $ 150,000 immediately
    B. $ 45,000 per year for the next four years (payment made...
  16. Answers
    2
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    1,793

    LIFO inventory method

    Can someone tell me if this is correct?
    September 1 On hand, 300 units @ 1.50 each
    September 6 purchased 1000 units @ 1.65
    September 18 purchased 800 units @ 1.75 each
    Total cost of goods...
  17. Question: Ending inventory

    by jahubb
    Answers
    0
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    542

    Ending inventory

    Is ending inventory the same as inventory on hand?
  18. Answers
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    528

    straight line dereciation

    I don't want anyone to tell me the answer, just how to figure this out.
    If the company uses the straight-line depreciation method and sells equipment for $18,000 cash at the end of year 7, what is...
  19. Answers
    2
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    986

    Thanks, I finally figured it out. I checked it...

    Thanks, I finally figured it out. I checked it with how you said to do it, Thank's for your help.
  20. Answers
    2
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    986

    Bank reconciliation

    Ok, My question is how do you prepare a bank reconciliation without a book balance?
    EXAMPLE:
    Bank Statement Balance August 31 24,500
    Book Balance (Before Adjustments) ?
    Outstanding...
  21. Answers
    1
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    3,492

    Direct Write off method

    Please tell me if I'm answering the following question correct.
    On May 1, EZ Plumbing buys materials with a list price of $550. At the time of the purchase, EZ gives Halpin a check for $225 and asks...
  22. Answers
    2
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    5,685

    Thank You, I figured it out, It was the wording,...

    Thank You, I figured it out, It was the wording, Investments vs. Owners Equity. I feel really stupid. Thank You
  23. Answers
    0
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    1,478

    Balance in Unearned Revenue

    The journal entry to adjust the balance in unearned revenue is?
    My unearned revenue is $5700
    Salaries owed but not paid at December 31 was $2000 How do I adjust unearned revenue?
    a. $2000 debit,...
  24. Question: Wage expense

    by jahubb
    Answers
    0
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    1,126

    Wage expense

    Industrial Activities operated five days per week with a daily payroll of $4000, Employees are paid every Saturday for the workweek just completed (Monday through Friday). The last day of the month...
  25. Answers
    1
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    4,944

    Closing a temporary account

    Which of the following entries properly closes a temporary account?
    A. $200 debit, Dividends: $200 credit, Retained Earnings
    B. $400 debit, Income Summary; $400 credit, Rent Expense
    C. $1600...
  26. Answers
    1
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    1,386

    Statement of Cash Flows

    I'm taking a distance learning course in Accounting, I've read the 2 pages dedicated to the topic of cash flows, I'm really confused and need help. I know the Statement of Cash Flows consists of ...
  27. Answers
    2
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    5,685

    Investment by owners?

    If a company has assets of $350,000, liabilities of $310,000, and retained earnings of $180,000, investments by owners must be?
    A. $40,000
    B. $225,000
    C. $295,000
    D. $310,000
    I answered D. my...
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