logo
Ask Question
VS

Vanesa Serna

About
Answers (6)Questions (0)

Answers

VS

Answered

The assets and liabilities of Rocky's Day Spa on December 31 and its revenue and expenses for the year are listed below. The capital of the owner was $68,000 on January 1. The owner invested an additional $10,000 during the year.?  Accounts payable $4,375 Spa operating expense $23,760 Accounts receivable 8,490 Office expense 2,470 Cash ??? Spa supplies 9,230 Fees earned 98,435 Wages expense 26,580 Spa furniture and equipment 56,000 Drawing 38,170 Computers 2,130\begin{array} { | l | r | l | r | } \hline \text { Accounts payable } & \$ 4,375 & \text { Spa operating expense } & \$ 23,760 \\\hline \text { Accounts receivable } & 8,490 & \text { Office expense } & 2,470 \\\hline \text { Cash } & ? ? ? & \text { Spa supplies } & 9,230 \\\hline \text { Fees earned } & 98,435 & \text { Wages expense } & 26,580 \\\hline \text { Spa furniture and equipment } & 56,000 & \text { Drawing } & 38,170 \\\hline \text { Computers } & 2,130 & & \\\hline\end{array} Accounts payable  Accounts receivable  Cash  Fees earned  Spa furniture and equipment  Computers ​$4,3758,490???98,43556,0002,130​ Spa operating expense  Office expense  Spa supplies  Wages expense  Drawing ​$23,7602,4709,23026,58038,170​​ Prepare a balance sheet for the year ended December 31.?

On Jul 29, 2024

? ?
VS

Answered

Golden Sales has bought $135,000 in fixed assets on January 1st associated with sales equipment. The residual value of these assets is estimated at $10,000 at the end of their 4-year service life. Golden Sales managers want to evaluate the options of depreciation.​
(a) Compute the annual straight-line depreciation and provide the sample depreciation journal entry to be posted
at the end of each of the years.(b) Write the journal entries for each year of the service life for these assets using the double-declining balance
method.

On Jul 27, 2024

(a) (a) Dec. 31 Depreciation Expense-Sales Equipment 31,250 Accumulated Depreciation-Sales Equipment 31,250 *Depreciation cannot bring book value below $10,000 residual.​ ​ Dec. 31
Depreciation Expense-Sales Equipment
31,250
Accumulated Depreciation-Sales Equipment
31,250 (a) Dec. 31 Depreciation Expense-Sales Equipment 31,250 Accumulated Depreciation-Sales Equipment 31,250 *Depreciation cannot bring book value below $10,000 residual.​ ​ *Depreciation cannot bring book value below $10,000 residual.​ (a) Dec. 31 Depreciation Expense-Sales Equipment 31,250 Accumulated Depreciation-Sales Equipment 31,250 *Depreciation cannot bring book value below $10,000 residual.​ ​ (a) Dec. 31 Depreciation Expense-Sales Equipment 31,250 Accumulated Depreciation-Sales Equipment 31,250 *Depreciation cannot bring book value below $10,000 residual.​ ​ (a) Dec. 31 Depreciation Expense-Sales Equipment 31,250 Accumulated Depreciation-Sales Equipment 31,250 *Depreciation cannot bring book value below $10,000 residual.​ ​ (a) Dec. 31 Depreciation Expense-Sales Equipment 31,250 Accumulated Depreciation-Sales Equipment 31,250 *Depreciation cannot bring book value below $10,000 residual.​ ​ ​
VS

Answered

People who score low on Fiedler's "Least Preferred Coworker" scale can actually be highly ______ leaders.

On Jun 29, 2024

effective
VS

Answered

Research on self-determination theory across cultures found that

A) five psychological needs are related to autonomous motivation in all countries.
B) no one psychological need is related to autonomous motivation in all countries.
C) two psychological needs are related to autonomous motivation in all countries.
D) three psychological needs are related to autonomous motivation in all countries.
E) one psychological need is related to autonomous motivation in all countries.

On Jun 27, 2024

D
VS

Answered

The physical units method of joint cost allocation uses market values in the allocation process.

On May 29, 2024

False
VS

Answered

Which of the following is not one of the irreducible constitutional minimum requirements under Article III of the Constitution?

A) The plaintiff suffered an injury in fact that is concrete, particularized, and actual or imminent.
B) The injury is exclusive to the plaintiff.
C) The injury is fairly traceable to the challenged conduct.
D) The injury is likely to be redressed by a favorable court decision.

On May 28, 2024

B