Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

When supplies are purchased they are recorded as an asset. An end of period stock-take (count) revealed a closing balance of $12,000. There was no opening balance and during the period $22,000 of supplies were purchased. Record the adjusting entry.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M91839060
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Business Management

Culture varies by country give five of the dimensions and

Culture varies by country, Give five of the dimensions and one country that is likely to be high and one that is likely to be low for each dimension.

Describe the supply chain for your prospective organization

Describe the supply chain for your prospective organization. Where does your organization bring value in this supply chain?

Discuss the importance of interdisciplinary team

Discuss the importance of Interdisciplinary team collaboration and communication in HC related managerial situations. Offer minimum 1 advantage of the established communication and one disadvantage of the failed communic ...

Riditna paper withdraws river water for use in its paper

Riditna Paper withdraws river water for use in its paper mill, and returns it, along with waste effluent, back into the river. (Effluent is a co-product of Riditna's paper, such that production of each ream of paper gene ...

We have talked about variables for some time now however

We have talked about variables for some time now. However, Chapter 6 introduces the concept of an array. What is the difference between a variable and an array? Why would one use an array over a variable? What are the ad ...

What are the biggest challenges costco will experience in

What are the biggest challenges Costco will experience in trying to expand globally?

1 a county health department is trying to decide whether to

1) A county health department is trying to decide whether to offer free flu vaccines to its residents next year. The vaccine protects against the flu strains expected to be most prevalent next year, but does not fully pr ...

Provide an example of an organization that has achieved

Provide an example of an organization that has achieved competitive success through planning and provide an example of an organization that has failed to achieve competitive success as the result of failed planning.

Case study car loan division at brissy Case Study: Car Loan Division at Brissy Banking

Case Study: Car Loan Division at Brissy Banking Background: Brissy Banking (BB) is a financial organisation in Queensland, Australia. They have over 15,000 staff and operate in all states and territories of Australia. BB ...

When shane and liz bought their house in 2012 they added a

When Shane and Liz bought their house in 2012 they added a number of items to their property including: A shade-cloth over their large swimming pool; A clothes dryer in the utility room; A dish washer in the kitchen; Bli ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As