On January 1, the supplies account balance was $1,035. During January, supplies of $2,325 were purchased, and
Question:
On January 1, the supplies account balance was $1,035. During January, supplies of $2,325 were purchased, and $786 of supplies were on hand as of January 31. Determine supplies expense for January.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (12 reviews)
Using the following T account solve for the amou...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Accounting
ISBN: 978-0324401844
22nd Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
Question Posted:
Students also viewed these Cost Accounting questions
-
On October 1, the supplies account balance was $900. During October, supplies of $2,750 were purchased, and $1,025 of supplies were on hand as of October 31, determined supplies expense for October.
-
On August 1, the supplies account balance was $1,025. During August, supplies of $3,110 were purchased, and $1,324 of supplies were on hand as of August 31. Determine supplies expense for August.
-
On July 1, the supplies account balance was $1,950. During July, supplies of $6,750 were purchased, and $1,851 of supplies were on hand as of July 31. Determine supplies expense for July.
-
Construct a multilevel bill of material for product Z. How many Us are needed to make each Z? How many Ws are needed to make eachZ? Z. (2) (3) (2) (1) (1) (4)
-
The accounts listed on the next page appear on the worksheet of Giddy's Craft Store. Indicate the section of the classified income statement in which each account will be reported. SECTIONS OF...
-
Aramis, Porthos, and Athos have the following marginal value schedules for swords: Aramis, Porthos, and Athos are the only buyers of swords in the community, and swords are produced at a constant...
-
1. Describe "intangible" assets. 2. Is it possible for working capital to be negative? Retained earnings? Why? 3. The liquidity of assets is important to creditors. Does the liquidity of assets...
-
Kidd Company produces two products. Budgeted annual income statements for the two products are provided here: Required a. Based on budgeted sales, determine the relative sales mix between the two...
-
Florida Kitchens produces high - end cooking ranges. The costs to manufacture and market the ranges at the company s volume of 3 , 0 0 0 units per quarter are shown in the following table: Unit...
-
A company is introducing a new e-Reader. Suggest segmentation, targeting, and positioning strategies for the new product.
-
On April 1, the cash account balance was $18,750. During April, cash payments totaled $219,140, and the April 30 balance was $22,175. Determine the cash receipts during April.
-
For each of the following errors, considered individually, indicate whether the error would cause the trial balance totals to be unequal. If the error would cause the trial balance total to be...
-
Which of the following are personal accounts? (i) (ii) Buildings Wages (iii) Accounts receivable (iv) Accounts payable (A) (i) and (iv) only (B) (ii) and (iii) only (C) (iii) and (iv) only (D) (ii)...
-
Describe, in detail, the family life cycle and how it is used as a strategic tool when segmenting sports markets. What stage of the family life cycle are you currently in? How does this affect your...
-
What are the relative advantages and disadvantages of conventional economic and behavioural theories of risk?
-
Describe the different producers and intermediaries in the simplified model of the consumersupplier relationship in the sports industry.
-
Which employee behaviors are more critical to organizational success?
-
How does sport differ from other forms of entertainment?
-
In the following list, you will find pairs of individuals. For each pair, check your ASSIGNMENT 6.2 state code and answer three questions: Can the individuals marry? If the marriage is prohibited, is...
-
At 31 December 20X9, the end of the annual reporting period, the accounts of Huron Company showed the following: a. Sales revenue for 20X9, $ 2,950,000, of which one- quarter was on credit. b....
-
Employers are never liable for the torts of their employees because such a move would violate the constitutional prohibition against double jeopardy. True/False
-
You run into Rex Grossman at a party and begin discussing financial statements. Rex says, I prefer the single-step income statement because the multiple-step format generally overstates income. How...
-
You run into Rex Grossman at a party and begin discussing financial statements. Rex says, I prefer the single-step income statement because the multiple-step format generally overstates income. How...
-
Federov Corporation has eight expense accounts in its general ledger which could be classified as selling expenses. Should Federov report these eight expenses separately in its income statement or...
-
Jamie Lee is attracted to the low monthly payment advertised for a vehicle lease. She may well be able to afford a more expensive car than she originally thought. Jamie Lee really needs to think this...
-
Explain virtual hosting and how to use either name-based or IP-based virtual hosting.?
-
Discuss the role of literary allusion in satire as a means of subverting conventions and critiquing societal norms.
Study smarter with the SolutionInn App