The supplies account had a beginning balance of $1,245 and was debited for $2,860 for supplies purchased
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 55% (18 reviews)
Supplies Expen...View the full answer
Answered By
Rustia Melrod
I am a retired teacher with 6 years of experience teaching various science subjects to high school students and undergraduate students. This background enables me to be able to help tutor students who are struggling with the science of business component of their education. Teaching difficult subjects has definitely taught me patience. There is no greater joy for me than to patiently guide a student to the correct answer. When a student has that "aha!" moment, all my efforts are worth it.
The Common Core standards are a useful yardstick for measuring how well students are doing. My students consistently met or exceeded the Common Core standards for science. I believe in working with each student's individual learning styles to help them understand the material. If students were struggling with a concept, I would figure out a different way to teach or apply that concept. I was voted Teacher of the Year six times in my career. I also won an award for Innovative Teaching Style at the 2011 National Teaching Conference.
4.90+
4+ 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 Accounting questions
-
The supplies account had a beginning balance of $1,975 and was debited for $4,125 for supplies purchased during the year. Journalize the adjusting entry required at the end of the year assuming the...
-
The prepaid insurance account had a beginning balance of $6,000 and was debited for $7,200 of premiums paid during the year. Journalize the adjusting entry required at the end of the year assuming...
-
The prepaid insurance account had a beginning balance of $7,200 and was debited for $4,800 of premiums paid during the year. Journalize the adjusting entry required at the end of the year assuming...
-
Write a program that displays the color study shown at right, which gives Albers squares corresponding to each of the 256 levels of blue (blue-to-white in row major order) and gray (black-to-white in...
-
Selected transactions of the Lizard Lick Corporation during 2013 are as follows: Jan. 5 Purchased merchandise from Boston Company for $30,000; terms, 2/10, n/30. Purchases and accounts payable are...
-
Calculate Pawels profit-maximizing output and economic profit if the market price is (i) PLN11 a zapiekanka, (ii) PLN9 a zapiekanka, and (iii) PLN13 a zapiekanka. Pawels Zapiekanka, a Polish deli, is...
-
What are the three factors that affect lateral stability?
-
Cottage Construction, Inc., is a home builder in Arizona. Cottage uses a job order costing system in which each house is a job. Because it constructs houses, the company uses an account titled...
-
The following information is taken from the partial trial balance of Ivanhoe Corporation for the year ended March 31, 2023: Accounts payable Accounts receivable $80,000 167,000 Accumulated...
-
Caterpillar Inc. manufactures and sells earth-moving equipment. Presented below is information on its receivables and allowance for credit losses from its 2018 Form 10-K. The Recorded Investments in...
-
Indicate with a Yes or No whether or not each of the following accounts normally requires an adjusting entry. a. Mary Elizabeth Rebok, Capital b. Building c. Prepaid Insurance d. Cash e. Interest...
-
The prepaid insurance account had a beginning balance of $4,800 and was debited for $5,850 of premiums paid during the year. Journalize the adjusting entry required at the end of the year assuming...
-
How would you grind the facets on a diamond, such as for a ring, since diamond is the hardest material known?
-
Is an increase in the marginal income tax rate reflected by a shift in the after-tax supply of labor or a movement along the supply curve when the pretax wage rate is on the vertical axis? Explain...
-
Using the economic decision rule and opportunity cost, explain why an increase in the wage rate increases quantity of labor supplied?
-
New websites such as iFreelance.com have developed a place for companies to post projects for which freelancers can bid. What is the likely effect of this new market on market demand for freelancers?...
-
Which type of discrimination is easier to address legally demand side or institutional? Explain your answer.
-
a. List three types of demand discrimination. b. Which is the most difficult to eliminate? Why? c. Which is the easiest to eliminate? Why?
-
As of December 31, 2019, Reed Company has assets of $3,500 and stockholders' equity of $1,500. What are the liabilities for Reed Company as of December 31, 2019? (a) $1,500. (b) $1,000. (c) $2,500....
-
Vince, Inc. has developed and patented a new laser disc reading device that will be marketed internationally. Which of the following factors should Vince consider in pricing the device? I. Quality of...
-
Consider these six-coordinate ionic radii for divalent, first-row transition-metal ions: r(Ti+) = 0.86 , r(V+) = 0.79 , r(Cr+) = 0.80 , r(Mn+) = 0.83 , r(Fe+) = 0.78 , r(Co+) = 0.745 , (Ni+) = 0.69 ....
-
Seamus Industries Inc. buys and sells investments as part of its ongoing cash management. The following investment transactions were completed during the year: Feb. 24. Acquired 1,000 shares of Tett...
-
At a total cost of $2,000,000, Stieg Corporation acquired 160,000 shares of Larson Corp. common stock as a long-term investment. Stieg Corporation uses the equity method of accounting for this...
-
On January 4, 2014, Penman Company purchased 124,000 shares of Hi Energy Company directly from one of the founders for a price of $44 per share. Hi Energy has 400,000 shares outstanding, including...
-
Determine "Tyson Food "Company's firmographics, activities, and objectives. Then relate these differences to differences in the organizational cultures of the organizations. or provide detail of any...
-
Wimble Ltd had $400 million of debt outstanding at an interest rate of 9% and $600 million of equity (market value) outstanding. Wimble is subject to a 30% corporate tax rate. What is the amount of...
-
explain and comments thies pints Has existed for a long time One of the original fast-food establishments High standing Commonly recognized for its root beer. With high-quality cuisine Markets to...
Study smarter with the SolutionInn App