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I need help with the following problem.

Calculate the TOTAL actual cost for all over-budget projects managed by the manager named Graves.

I think I'm missing something from my answer, but I'm...

If you are referring to writing it out, below is a guide;
Es la una = It's one o'clock
Son las dos = It's two o'clock
Son las seis de la tarde = It's six o'clock in the evening

When you are...

The answer is B.

The capital stock is your contributed capita, and therefore, to make it balance, you have;

Assets
Cash $ ?
Accounts receivable 10,000
Building 50,000
Total assets less...

The answer to your two questions is b and d.

Here is why I answered this way...

The only time you should recognize revenue is when the 4 criteria of the revenue principle are met.
1. Delivery...

I think the answer is 'D'.
Because when calculating revenue, you look at your total revenues and expenses, and you acknowledge cash in on you B/S when reporting your assets (plus liabilities for...

A journal entry for depreciation would be;
Depreciation expense xxx (debit)
Accumulated depreciation xxx (credit)
(of course, the amount would be what was given)

I'm having trouble with this journal entry..
"Investors invested $50,000 in the company."
:rolleyes:
Can someone please help? :)

Okay~ I'm embarrassed and feel stupid. After reviewing the balance sheet 'for over an hour' LOL, I realized that the Beg R/E was my balance from the previous years "Accounts receivable"... Thanks...

Can someone please tell me where I should be looking in order to locate the 'Beginning" R/E? I've looked on the Balance Sheet and the Income Statement and I can't figure out where 'they' got the...