Nevada Company paid to the state $1,800 in sales tax that it had previously collected from customers.
Question:
1) Asset source
2) Asset use
3) Asset exchange
4) Claims exchange
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 77% (9 reviews)
2 Asset use Payment of sales tax of 1800 to state sales tax which is collected previously from cu...View the full answer
Answered By
Munir Ahmed Jakhro
I am professional Tutor of of Business Courses, I did my four years Bachelor Degree from one of the Top Business schools of World "Institute of Business Administration" in year 2013. Since then I have been working as Tutor of Accounting, Finance tutor on different online platforms like this website. I am have experience of 6 years teaching business courses to students online and offline my professional job at national savings also helped me in accounting understanding .
4.90+
8+ Reviews
10+ Question Solved
Related Book For
Fundamentals of Financial Accounting
ISBN: 978-0078025914
5th edition
Authors: Fred Phillips, Robert Libby, Patricia Libby
Question Posted:
Students also viewed these Corporate Finance questions
-
What type of transaction typically creates a note payable?
-
Larcker Logging Company is preparing a bid for the right to clear-cut a large parcel of state timberland. The bid will include a fixed annual stumpage fee to be paid to the state, and company...
-
One Product Corp. (OPC) incorporated at the beginning of last year. The balances on its post-closing trial balance prepared on December 31, at the end of its first year of operations, were: The...
-
Assuming @Weather is a valid repeatable annotation that takes a String, with its associated containing type annotation @Forecast, which of the following can be applied to a type declaration? (Choose...
-
A 0.900-V potential difference is maintained across a 1.50-m length of tungsten wire that has a cross-sectional area of 0.600 mm2. What is the current in the wire?
-
A store has been selling 200 DVD burners a week at $350 each. A market survey indicates that for each $10 rebate offered to buyers, the number of units sold will increase by 20 a week. Find the...
-
Fill in the Blank. In the displacement method, the ___________ of elements is directly approximated.
-
Lenter Supply Company is a medium-sized distributor of wholesale hardware supplies in the central Ohio area. It has been a client of yours for several years and has instituted excellent internal...
-
S c) Describe the average-case performance of the linear search algorithm in Figure 1 in terms of the average number of comparisons used, assuming that the integer x is not in the list. Use step by...
-
Hayes Company has decided to distribute the costs of service departments by the simultaneous method. The producing departments are PI and P2, the service departments are SI and S2, and the monthly...
-
Buckeye Healthcare Corp. is proposing to spend $186,725 on an eight-year project that has estimated net cash flows of $35,000 for each of the eight years. a. Compute the net present value , using a...
-
Next, recommend the skills that are required to be a successful Financial Analyst, indicating how the role of a Financial Analyst adds value to a company. Provide support for your answer. Assess the...
-
Consider the minute clinic waiting time data in Exercise 6.66. Set up an EWMA control chart for monitoring this process using ï¬ï = 0.4. Compare this EWMA chart to the one from Exercise...
-
Rather than a focus group, for this activity think about depth interviews with your friends. What questions would you ask them? Compare these questions to the focus group questions. How are they...
-
ACT Doorland was founded in 1957 as a small concern whose core business was the supply and installation of garage doors. Since then it has diversified its interests and expanded to become Canberras...
-
How do the managers of a business maintain its competitive position.
-
How does life-cycle costing help maintain competitive advantage.
-
Explore your friends interests with projective techniques. Lets say you have three options you want to hone in onYosemite National Park in California, Yellowstone National Park in Wyoming, and the...
-
Overtons Outdoor Centre is owned and run by Kym Overton, using the periodic inventory system and balancing her books at month-end. At 30 April 2016, the balances of the Accounts Receivable Control...
-
Why did management adopt the new plan even though it provides a smaller expected number of exposures than the original plan recommended by the original linear programming model?
-
Draw the structures of the two carbocation intermediates that might form during the reaction of 2-methylpropene with HBr (Problem 5.40). Well see that the stability of carbocation depends on the...
-
The ground-state energy of an electron trapped in a one-dimensional infinite potential well is 2.6eV. What will this quantity be if the width of the potential well is doubled?
-
An electron, trapped in a one-dimensional infinite potential well 250 pm wide, is in its ground state. How much energy must it absorb if it is to jump up to the state with n = 4?
-
Students must useinformation literacy in their writing. Theprojectshould be at least #2000 words of content. Word document only! The students will be required to meet with a top level manager,...
-
Your agency has been directed by community leaders to develop and implement a community paramedic program targeting injury prevention among the elderly. You are now tasked with providing a briefing...
-
Write up an assessment record for one of the children/young people in a learning environment. The record must be set out clearly showing: - a) Your assessment of the learner's development b) How the...
Study smarter with the SolutionInn App