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Type: Posts; User: Smith21000

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  1. Answers
    2
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    744

    What dvd ripper do I want?

    Basically I'm looking for a way to rip movies from a dvd so I can store them on my PS3 and PSP and I-phone. In addition I don't want to lose any quality! If anyone has any suggestions as to programs...
  2. Answers
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    538

    Would you wait for the new Iphone on 3G?

    Is it worth it to wait for the Iphone which will run on the 3G network, will it run that much faster? Thanks
  3. Answers
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    2,827

    I believe I can only answer part of your...

    I believe I can only answer part of your question. Basically you would have entries that follow:

    DR: cash 700,000
    CR: loan LaTrobe 700,000

    Dr: loan-other XXX,XXX
    CR: Cash XXX,XXX

    The...
  4. Answers
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    33,472

    No they are not the same. Prepaid rent is a...

    No they are not the same. Prepaid rent is a payment made by the tenant in advance and is an asset. For example, if the tenant had paid $120 in January for the whole year ($10 a month), they would...
  5. Question: Asset Exchange

    by Smith21000
    Answers
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    1,512

    What exactely is the question?

    What exactely is the question?
  6. Answers
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    1,035

    Your question sounds like homework and I am not...

    Your question sounds like homework and I am not here to do your homework. We ask on this site you at least make an attempt or give us your thoughts on the problem. At the very least you can type...
  7. Answers
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    1,035

    What do you think? Hint: there are two main...

    What do you think? Hint: there are two main stream methods in figuring out this problem.
  8. Answers
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    965

    Cost of merch. Sold is an expense and therefore...

    Cost of merch. Sold is an expense and therefore is a debit and accumulated depreciation reduces the cost basis of an asset an therefore is a credit.
  9. Answers
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    850

    You could write a disputation on these question...

    You could write a disputation on these question but I'll try to keep it short. Your first question is quite easy, they both want to make money! I realize I am oversimplifying the answer but in the...
  10. Answers
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    1,592

    I missed the word "buyer" in my original answer,...

    I missed the word "buyer" in my original answer, it should read like this. "Costs that are capitalized upon acquisition are any reasonable cost involved in bringing the asset to the BUYER and...
  11. Answers
    2
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    1,592

    The following should give you a good idea on how...

    The following should give you a good idea on how to go about calculating questions 1 and 2. "Costs that are capitalized upon acquisition are any reasonable cost involved in bringing the asset to the...
  12. Answers
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    2,060

    I'll show the first entry (assumption 4,000 in...

    I'll show the first entry (assumption 4,000 in trade in) in two steps however it could be done in one.

    This entry removes the equipment from the ledger
    DR: Accumulated depreciation 50,000
    DR:...
  13. Answers
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    621

    See if this link helps: Online Accounting Course...

    See if this link helps: Online Accounting Course | Income Statement (4)
  14. Answers
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    792

    DR: Water/Utilities (Expense) CR: Accounts...

    DR: Water/Utilities (Expense)
    CR: Accounts Payable
  15. This may be the wrong forum to be asking in

    I am having problems understaning what duplicate files I have on my computer. I have run a duplicate file finder and the duplicates come up showning them being on both my C: drive under program files...
  16. Answers
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    834

    Yes I checked for drivers however they said I'm...

    Yes I checked for drivers however they said I'm up to date.
  17. Answers
    3
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    834

    Logitech and Office 07

    I recently upgraded to Microsoft office 07 and I no longer have horizontal scrolling capabilities (not vertical, that works fine). I'm using the "Cordless rechargeable Desktop Black" Model by...
  18. Answers
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    1,765

    Yes, simply put Bluetooth is wireless. However...

    Yes, simply put Bluetooth is wireless. However please realize that when people speak of wireless they are generally speaking of signals sent to and from a device giving it instructions. They are not...
  19. Answers
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    1,533

    In April your entry would be the following DR:...

    In April your entry would be the following

    DR: Cash 1000
    CR: Note Payable 600
    CR: Capital 400

    In regards to the remaining entries there are to many unknowns in order to decipher all the...
  20. Answers
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    6,987

    The following link gives a simple explanation of...

    The following link gives a simple explanation of revenue recognition: Revenue Recognition Principle

    If you need something more in depth I can also provide additional information or if your...
  21. Answers
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    6,987

    The correct entry is to debit A/R and credit...

    The correct entry is to debit A/R and credit Deferred revenue (liability). Once the you have met the revenue recognition requirements per GAAP then you would debit Deferred Revenue (liability) and...
  22. The answer is "C". The primary purpose of the...

    The answer is "C". The primary purpose of the cash flow statement is to provide information about the cash receipts and cash payments during an accounting period. Good Job.
  23. Answers
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    1,482

    What do you think?

    What do you think?
  24. What do you think?

    What do you think?
  25. Answers
    4
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    27,698

    Excel: Convert numbers to date

    I'm using excel 07 and I have a cell containing the number 11291997 which represents 11/29/1997. How can I convert this to a date format. The 11291197 is number formatted. Any suggestions would help,...
  26. Answers
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    5,722

    Give it a quick try first and explain your...

    Give it a quick try first and explain your reasoning.
  27. Answers
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    944

    Sprint is my provider.

    Sprint is my provider.
  28. Answers
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    1,662

    Make and attempt and will assist from there. Pick...

    Make and attempt and will assist from there. Pick a company and come up with two ways it could help and two ways it could be challenging.
  29. Question: Sales Budget

    by Smith21000
    Answers
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    8,335

    Is this homework or work related?

    Is this homework or work related?
  30. Answers
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    518

    Taskbar Stretch

    Does anyone know how to stretch the task-bar in Windows across two screens? I'm using XP and have an ATI graphics card.
  31. Answers
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    3,169

    Online Accounting Course | Balance Sheet...

    Online Accounting Course | Balance Sheet
  32. Answers
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    1,289

    Please make an attempt at the answer, were here...

    Please make an attempt at the answer, were here to assist not to retake accounting. T-accounts are a simple and great approach to many problems.
  33. Answers
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    1,175

    Correct!

    Correct!
  34. Answers
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    1,466

    Your right we didn't receive anything and...

    Your right we didn't receive anything and therefore we are not liable for anything! As of March 5 there is no entry that should be made to the accounting records. However most companies will record a...
  35. Answers
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    1,790

    I stand by 182,300 as COGS. Please let me know...

    I stand by 182,300 as COGS. Please let me know what your instructor says is the right answer and ask him or her why.
  36. Answers
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    1,466

    Forget everything else for a minute and just tell...

    Forget everything else for a minute and just tell me what we RECEIVED on MARCH 5.
  37. Answers
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    1,790

    Could you state the question exactley as it was...

    Could you state the question exactley as it was given to you, maybe it's a terminology issue or missed type a number. Otherwise I still stand by COGS of $182,300.
  38. Answers
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    1,466

    Read it again and tell me what did we receive on...

    Read it again and tell me what did we receive on March 5.
  39. Question: Bond Premium

    by Smith21000
    Answers
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    1,161

    Try and make an attempt at the journal entry...

    Try and make an attempt at the journal entry first.
  40. Answers
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    5,965

    An allowance is necessary because in most cases...

    An allowance is necessary because in most cases not all receivables are collectible due to bankruptcies, pricing disputes, lack of performance, law suits etc. I ask you Masud, If I owed you $100.00...
  41. Answers
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    1,790

    Correct!

    Correct!
  42. Answers
    5
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    1,856

    I can not help you comment on this without the...

    I can not help you comment on this without the balance sheet and income statement. For example you could say the company acquired 32,868 in new capital assets this year which is a 76% increase from...
  43. Answers
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    1,022

    Technically you should have a prior period...

    Technically you should have a prior period adjustment where you would debit retained earnings instead of the expense account in April. However, if your financial reporting period fell between January...
  44. Answers
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    2,386

    I'm sorry but I have no idea what book your...

    I'm sorry but I have no idea what book your talking about.
  45. Answers
    5
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    1,856

    If your talking about non-cash financing and...

    If your talking about non-cash financing and investing activities here a few examples:
    Acquiring an asset through a capital lease or by incurring long-term debt.
    Conversion of debt to equity....
  46. Answers
    7
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    2,386

    What is a - f?

    What is a - f?
  47. Answers
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    851

    Let me provided you with some ideas here and then...

    Let me provided you with some ideas here and then you can go from there. To answer your first question of useful life and salvage value, the shorter life chosen and the smaller salvage value used (if...
  48. Answers
    1
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    5,355

    5 is the answer. The entry would be as follows: ...

    5 is the answer. The entry would be as follows:

    Allowance XXX
    Accounts Rec. XXX
  49. Answers
    6
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    944

    Could you give me an example of a cell phone that...

    Could you give me an example of a cell phone that is capable of this?
  50. Answers
    6
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    944

    Smart phone as a modem?

    Can any phone on the market or soon to come be used as a modem for my desktop. If so what type of speeds are we talking about. Thanks!:cool:
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