Entries by mary WAMBUGU

The following is the Alpha Dog Company adjusted Trail Balance. Alpha Dog Company Adjusted Trial Balance December 31, 2016

September 6, 2019 in /by

The following is the Alpha Dog Company adjusted Trail Balance. Alpha Dog Company Adjusted Trial Balance December 31, 2016 Account Title Debit Credit Cash $88,450  Accounts Receivable 168,700  Supplies 30,255  Stock Investment 159,000  Equipment 295,285  Accumulated Depreciation $235,760  Accounts Payable 73,555  Wages Payable 12,000 Capital Stock 220,000  Retained Earnings 111,145  Service Revenue 902,105  Interest Income 1,500  […]

 

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The following is a partial Adjusted Trial Balance for Alpha Company for the month: Alpha Company Adjusted Trial Balance (partial) January 31, 2016

September 6, 2019 in /by

The following is a partial Adjusted Trial Balance for Alpha Company for the month: Alpha Company Adjusted Trial Balance (partial) January 31, 2016 Accounts Debit Credit Inventory $2,750 Sales $10,000 Sales Discounts 200 Sales Returns & Allowances 1,200 Purchases 4,000 Purchases Discounts 150 Purchase Returns & Allowances 450 Freight In 50 Advertising Expense 150 Depreciation […]

 

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Juan recently started operating a flower shop as a proprietorship. In its first year of operations, the shop had a taxable income of $60,000. Assuming that Juan had no other employment-related earnings,

September 6, 2019 in /by

Juan recently started operating a flower shop as a proprietorship. In its first year of operations, the shop had a taxable income of $60,000. Assuming that Juan had no other employment-related earnings, Question 15 options: A)  Juan will be exempt from self-employment taxes for the first three years of operations. B)  Juan must pay self-employment […]

 

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