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What else can I help you with?
Which of the following best describes the tenture of office act of 1867?
It would have helped had you given "the following". Was one of them "a transparently partisan farce"? Because that would have been a good answer.
Muckraker journalists would have been likely to cover all of the following subjects EXCEPT?
The "Muckraker" journalists would have been likely to cover all of the following subjects EXCEPT
Which of following is a effect of fratricide?
The question asks about the "following". In such circumstances would it be too much to expect that you make sure that there is something that is following?
What is the truce signed by the pilgrims following the landing?
That would be The Mayflower Compact.
How do you make a trial balance from T Accounts?
You would add up both columns on the T account and put the highest figure as the total for BOTH columns. Then in the column which was less you add a balancing figure call Balance Carried Forward to make that column match the other. Below the totals you would put Balance Brought Foward which is the same as the balance carried forward but it should go on the other side. You then list all the Balance Brought Fowards figures, keeping them in their debit or credit side. That list becomes the trial balance.
What would the adjusted entry be for product sold on credit?
When product sold:[Debit] Accounts receivable[Credit] Sales revenueAdjusted Entry:[Debit] Cash / bank[Credit] Accounts receivable
What would be the journal entry of payment?
Debit expense or accounts payableCredit cash / bank
Who of the following accounts would be closed at the end of the accounting period?
Accounts receivable
What accounts will normally maintain a credit balance prepaid taxes interest income rent expense equipment?
Prepaid taxes and equipment are asset accounts, so would normally have a debit balance. Rent expense is an expense account, so would normally have a debit balance. Liability, equity, and income accounts normally have credit balances.
What is the Accounting entry for down payment to vendor?
Debit Deposits (an asset account) and credit Cash. You could also debit Accounts Payable for the deposit. Then post the final billing as a credit to Accounts Payable - the net difference is what would be due to the vendor.
What is the journal entry to write off customer accounts?
You would credit the customer account and debit bad debt.
Which normally has a credit balance - accounts receivable or notes payable?
Notes Payable is a liability, so it would normally have a credit balance. Accounts Receivable is an asset which would normally have a debit balance.
Why do banks reject a person getting a debit card for their own accounts?
Usually checking accounts have debit cards automatically. The only reason I could think you would get one is if you are a risk to them, like in the past you have had plenty of bounced checks or constantly run down your balance. Why not ask them, they are the one's denying you, they would have the answer.
The purchase of a typewriter on an account would be recorded as a debit on accounts payable and credit to office equipment True or False?
false
What would the journal entry be for payment received for goods previously sold on credit?
debit cash / bankcredit accounts receivable
When do you need to credit accounts receivable?
Accounts receivable is an asset account and therefore debit in nature. If you were to credit it, you would reduce its balance. This would usually be done upon receipt of payment or when a receivable is written off.
What is the general ledger journal entry to write off accounts payable checks?
If you've made a payment on the vendor account which was previously incurred the entry would be: Debit: Accounts Payable; Credit: Cash If you're trying to write-off an unpaid accounts payable the entry would be: Debit: Accounts Payable; Credit: Expense Settlement Account (Contra-Expense account on the P&L that will flow through to Retained Earnings.
