Interest has been properly accrued and is included in accrued expenses. Balance sheet is June 30, Accrued Expenses are 46, I need help in what to put for current maturities of long term debt in the current liabilities section and also what amount to put for mortgage payable in long term liabilities. Search this Question Share. Nov 3, , We'd like to understand what you find wrong with sagnik's answer: What's inaccurate about this answer? Please focus on the content not the person!
Link to a credible and well-known source. You can provide a URL or simply describe the source. Hi I need some help as to the logic of the answer to this question, please explain with steps: No other losses were recognized on these receivables.
During current year, Marian company can recognize gain of? Seems logical to me. You can't collect a bad debt. We'd like to understand what you find wrong with hkstroud's answer: When allowance method is used the bad debts written of are debited to allowance account and credit ted receivables and that is where 3, will appear. We'd like to understand what you find wrong with rehmanvohra's answer: Prudence concept is applied here.
You can realize only what you have already charged as a loss. The extra 1, is a future possible gain which must be ignored until realised.
Nov 4, , We'd like to understand what you find wrong with Fidget1's answer: Originally Posted by Fidget1. Nov 12, , Please show how to solve with steps Askew Company uses a periodic inventory system. The June 30, , year-end trial balance for the company contained the following information: Calculate the cost of goods sold for the Askew Company for the year ending June 30, Nov 13, , Cost of goods sold , Hi, I am really confused and need some help with steps, please also detail the steps with the financial calculator if possible: The account pays 1.
How much do you need to have in your account today to meet your expense over next 4 years? Dec 5, , The machine is expected to produce , units during its life. Dec 6, , Have you missed anything out of the question, such as the date the revaluation took place? By the sounds of it, the revaluation took place 6 months after purchase, which would mean that the new amortisation charge would be over 9. Dec 12, , Hi I need some help with this I am confused: The following information is taken from the accounting records of Rapid Runner Inc.
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Need business homework help ASAP? Online business tutors are standing by to giv eyou one-on-one help with economics questions, accounting questions, or finance questions5/5(4). Sep 23, · Capital Co. has a capital structure, based on current market values, that consists of 25 percent debt, 6 percent preferred stock, and 69 percent common stock. If the returns required by investors are 9 percent, 12 percent, and 18 percent for the debt, preferred stock, and common stock, respectively, what is Capital’s after-tax WACC?Status: Resolved.