ACCT 2001 Chapter : ACCOUNTING FINAL
Document Summary
Such a transaction would include a: credit to truck, debit to note payable, credit to note payable, debit to an expense account, on december 31, 2011, salaries owed to employees total ,350 and will be paid on. Beginning inventory 35 units at per unit. The yearend accounts receivable are ,000 and 2% are estimated uncollectible. Allowance for doubtful accounts prior to adjustment has a debt balance of ,400. The amount of the adjusting entry is: ,400, ,100, ,500, ,900, the mitchell global company accepts a note in exchange for the sale of goods. ,000 and ,000 was spent for demolishing an old building on the land before construction of a new building could start. It is estimated that the copyright will ___ useful life of 5 years. The amount of amortization expense recognized for the year 2012 would be: ,000, ,000, ,600, ,000. 3000: west county bank agrees to lend drake builders company ,000 on january 1.
