Entries by Munene david

For practice purposes complete the following problem

For practice purposes complete the following problem and use the line items below to prepare an example of the following general journal entries. Date I Accounts I Debit I Credit Alpha Company uses the periodic inventory system for purchase & sales of merchandise. Discount terms for both purchases & sales are, 2/10, n30 and the […]

 

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I was wondering if you can guide me on how to work on this problem

I was wondering if you can guide me on how to work on this problem below. Kind a confused on the common stock and preferred stock. Thank you.. The following are selected accounts for the Wicomico Company after all Fiscal Year December 31, 2018, adjusting entries & closing entries have been posted. All balances are […]

 

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Amazon practice SEC tutoring example:1.

Amazon practice SEC tutoring example:<br/>1. Read the Notes to the Financial Statements (FS) for your SEC 10-K company. 2. These “notes” are displayed after the financial statements. 3. Then make an example for practice and answer all of the following questions and do not cut and paste from the company SEC report. Use the company Amazon for this […]

 

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Ocean pines company had net income $500,000.

Ocean pines company had net income $500,000. They also had depreciation expense of $100,000, an increase or (decrease) in accounts receivable of $-30,000, and an increase or (decrease) in inventory of $3,000.Ocean pines prepares their statement of cash flows using the indirect method. Use this information to determine the dollar value of cash provided or […]

 

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