This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The entry to close income summary would be a. debit C. Finley, Capital, 50,000; credit Income ... (Read 54 times)

elizabeth18

  • Hero Member
  • *****
  • Posts: 559
on: Jul 5, 2018
The entry to close income summary would be
 a. debit C. Finley, Capital, 50,000; credit Income Summary, 50,000
  b. debit Income Summary, 155,000; credit C. Finley, Capital, 155,000
  c. debit Income Summary, 50,000; credit C. Finley, Capital, 50,000
  d. debit C. Finley, Capital, 9,000; credit Income Summary, 9,000

Question 2

What is the amount of purchases budgeted for February?
 
  A) 32,214
  B) 70,200
  C) 73,320
  D) 95,160


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

amynguyen1221

  • Sr. Member
  • ****
  • Posts: 355
Reply #1 on: Jul 5, 2018
Answer to Question 1

c

Answer to Question 2

Answer: C


elizabeth18

  • Member
  • Posts: 559
Reply 2 on: Jul 5, 2018
Thanks for the timely response, appreciate it

dantucker

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Close-ups of Jupiter’s Atmosphere Close-ups of Jupiter’s Atmosphere
A Summary of the Star Formation Process A Summary of the Star Formation Process
Close-up view of a diaphragm amplifier on the left and a bell amplifier on the right Close-up view of a diaphragm amplifier on the left and a bell amplifier on the right
Attachment and cell entry by HIV. Attachment and cell entry by HIV.
Summary of the digestive enzymes Summary of the digestive enzymes
Summary of the effects on transcription levels of different point mutations Summary of the effects on transcription levels of different point mutations
Video: Gas exchange - partial pressure, locations, external and internal respiration

For a complete list of videos, visit our video library