Indicate whether the following items would appear on the income statement (IS), balance sheet (BS), or owners
Question:
Indicate whether the following items would appear on the income statement (IS), balance sheet (BS), or owner’s equity statement (OE).
a. Notes payable
b. Advertising expense
c. Owner’s capital
d. Cash
e. Service revenue
Balance SheetBalance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 77% (9 reviews)
BS a Notes payable IS b A...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 Principles
ISBN: 978-1119411482
13th edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Question Posted:
Students also viewed these Business questions
-
Indicate whether the following items would be protectable as trademarks, copyright, patents, or trade secrets: A new composition by singer John Mayer A book by former Secretary of State George...
-
Indicate whether the following items are includible in regular taxable income, preadjustment AMTI, and/or ACE. Also indicate whether a corporation must make a positive, negative, or zero adjustment...
-
Indicate whether the following items would be added (+) or subtracted () from the companys books or the bank statement side of a bank reconciliation. Reconciling Item Bank Statement Company's Books...
-
Accurate Job Costing must be done on three levels. Which of the following is not one of these levels? Tracking and controlling costs during jobs Tracking gross profit each month Filing records on...
-
Select one of the transaction management or concurrency control methods, and explain the primary manner in which the chosen method is used in database management systems. Describe the impact and...
-
In 2014, Ace Corporation reports gross income of $200,000 (including $150,000 of profit from its operations and $50,000 in dividends from less-than-20%-owned domestic corporations) and $220,000 of...
-
What factors must be considered in identifying the population to be sampled?
-
Selected transactions from the journal of June Feldman, investment broker, are presented below. Instructions (a) Post the transactions to T-accounts. (b) Prepare a trial balance at August 31,2017....
-
1) Explain how the different participants in the exchange market can take advantage of it. Support your argument. 20 points 2) Explain how the European Monetary Union has simplified trade in Europe....
-
On July 1, 2019, the City of Belvedere accepted a gift of cash in the amount of $3,500,000 from a number of individuals and foundations and signed an agreement to establish a private-purpose trust....
-
In alphabetical order below are balance sheet items for Smyth Company at December 31, 2020. Kathy Smyth is the owner of Smyth Company. Prepare a balance sheet, following the format of Illustration...
-
Indicate whether each of the five statements presented below is true or false. 1. The three steps in the accounting process are identification, recording, and examination. 2. The accounting process...
-
Develop the user-friendly program in either a high-level or macro language of your choice to obtain a solution for a tridiagonal system with the Thomas algorithm (Figure). Test your program by...
-
Shortly assist with the questions on third column below by suggesting monitoring method for each regulatory provision. There are 6 questions to be answered for each regulatory provision. COMPLIANCE...
-
3. A large company has two offices, with Office A housing 1300 employees and Office B having 700. Every year, there is a 20% chance that employees at Office A will need to transfer to work at Office...
-
John Smith 40 years old, police officer for Highland Park Police. Plans to retire at age 52 on police pension which will be 40k/year. Has limited savings, 10k at most but has a home that he purchased...
-
Mohan Textiles has imported cotton from Ng Exports inCambodia for Cambodian riel (KHR) 40 million on May 20,and Mohan Textiles will pay the amount on July 20. Teexchange rate on May 20 is INR 1 = KHR...
-
Suppose a company like Target Distribution Centers is looking at 3 mutually exclusive Name Box for locations to build their new Distribution Center. Scenario 1 is a DC in Akron. CAPEX Cost $18...
-
A small rock is thrown vertically upward with a speed of 22.0 m/s from the edge of the roof of a 30.0-m-tall building. The rock doesnt hit the building on its way back down and lands on the street...
-
Discrete sample spaces: suppose there are N cable cars in San Francisco, numbered sequentially from 1 to N. You see a cable car at random; it is numbered 203. You wish to estimate N. (See Goodman,...
-
What are the similarities and differences between the terms depreciation, depletion, and amortization?
-
What are the similarities and differences between the terms depreciation, depletion, and amortization?
-
What are the similarities and differences between the terms depreciation, depletion, and amortization?
-
Describe the phenomenon in current accounting practices that has been dubbed the Earnings Game in the article by Justin Fox. Why do companies play this game? Based off this article:...
-
On January 1, 2018, Bark Manufacturing Company Ltd. purchased a machine for $27,500, and expects to use the machine a total of 32,000 hours over the next four years. Bark set the residual value on...
-
Covid and post Covid Economic Recovery for each of the papers you are required to state the following : 1. what was the study about 2. what were the findings 3. list the research gaps and suggest new...
Study smarter with the SolutionInn App