Entries by Munene david

2)The following are selected accounts for the Alpha Dog Company

May 4, 2020 in /by

2)The following are selected accounts for the Alpha Dog Company after all Fiscal Year December 31, 2016, adjusting entries & closing entries have been posted. All balances are normal. Account Amount Common Stock, $5 par $150,000 Treasury Stock, at cost $10 per share 20,000 Dividends Payable 5,000 Paid in Capital in excess of par, Common […]

 

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"

3)On August 1, 2017, Alpha Company retired a $10,000 bond at 102.

May 4, 2020 in /by

3)On August 1, 2017, Alpha Company retired a $10,000 bond at 102. On July 31, 2017 Alpha had accrued the interest payment for $250. At the date of retirement, the unamortized discount on the bonds was $400. Use this information to determine the dollar value of Alpha Company’s: (Round all dollar values to the nearest whole dollar.) […]

 

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"

The Common Stock account for Alpha Corporation on January 1, 2017

May 4, 2020 in /by

The Common Stock account for Alpha Corporation on January 1, 2017 was $37,500. On June 1, 2017 Alpha issued an additional 2,500 shares of common stock. The Common Stock is $5 par. There was neither Preferred Stock nor any Treasury Stock, Paid in Capital Excess to par Common Stock was $10,000 on January 1 and […]

 

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"

A company that uses a perpetual inventory system made the following

May 4, 2020 in /by

A company that uses a perpetual inventory system made the following cash purchases and sales. There was no beginning inventory January 1: Purchased 100 units at SAR10 per unit February 5: Purchased 60 units at SAR 12 per unit March 16: Sold 40 Units for SAR 16 per unit Prepare general journal entries to record the […]

 

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"