6 Answered Questions for the topic Fundamentals Of Accounting

Keep getting the answer wrong not sure if I'm categorizing properly

I'm not sure how to properly categorize this accounting problem.   Journalize the transactions using a perpetual inventory system. Waters Hardware Store completed the following merchandising... more

i need help answering this question

Question 1 (30 marks)Hangula TV Services entered into the following transactions during November 2009:1 H Hangula, the owner, opened a bank account in the name of the undertaking and deposited N$5... more

accounting comprehension problem...

enter balances or each account in a four column account(which I know how to do) then journalize transactions for the month. question 1, I can't remember if I need to create a four column account... more

Help with Accouting balance sheet retained earnings.

Accounting balance sheet: I have $31,400 cash, accounts receivable 10,600, equipment 39,200, snowmobiles 15,400, buildings 500,000, land 425,000, furnishings 58,700, which gives me a total of... more

Prepare all journal entries needed on 9/30/2014 to record the disposal; Show your computations

Parker Industries has a fiscal year end of 12/31 and uses the straight-line method of depreciation. On Sept 30, 2014, the company sold old delivery equipment for $17,000. The delivery equipment was... more

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