Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. mon 4:42 pm q history bookmarks window help help s

Mon 4:42 PM Q History Bookmarks Window Help Help Save & Exit Submit r 1...

60.1K

Verified Solution

Question

Accounting

image
image
Mon 4:42 PM Q History Bookmarks Window Help Help Save & Exit Submit r 1 Homework 0 Check my work Required information The following information applies to the questions displayed below) On October 1, Ebony Ernst organized Ermst Consulting; on October 3, the owner contributed $82,780 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts. $ 640 Accousta receivable office supplies 10,600 Consulting revesse 1.960 Rent expense 46,030Salaries expenge 16,580 Telephone expebse 2,270 5,450 580 Common Stook 2 780 Using the above information prepare an October income statement for the business K Prev 789 Score answer 8 0 100%-. Mon 9:2 y Bookmarks Windovw Help Save & Exit Submit 0 Saved MC Qu. 184 Dawson Electronic Services had... Dawson Electronic Services had revenues of $86.000 and expenses of $53,000 for the year. its assets at the beginning of the year were $403,000. At the end of the year assets were worth $453,000. Calculate its return on assets. Multiple Choice 21.3%. 201%, Prev lot 20H Next >

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students