Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. be careful x company's accountant made adjusting e

Be Careful X Company's accountant made adjusting entries at the end of the year to...

50.1K

Verified Solution

Question

Accounting

Be Careful X Company's accountant made adjusting entries at the end of the year to record the following:

$18,630 of depreciation,

$1,195 of unpaid interest on a bank loan,

$597 of wages that were earned by employees but not paid, and

$1,130 of insurance that expired.

As a result of these entries, total equities decreased by____?

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: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Verify the identity sin 0 1 cot 0 To verify the identity start with the...

Basic Math
Q

Chapter 3, problem 21. An electrochemical battery is used to provide 1 milliwatt (mW) of power...

Chemistry
Q

The readings for today discuss some negative impacts of racism on minorities and their families. What...

Psychology
Q

A parallel beam of photons of intensity I strike a plane surface at angle 45...

Physics
Q

Find the area of the shaded region.f(x)=x^4-8x +21x, g(x) = 6x+36

Calculus
Q

Evaluate the definite integral 11 12 x 3 da

Calculus
Q

7 of 50 Opal has a Personal Auto Policy with Underinsured Motorists limits of 100...

Algebra
Q

Rotate the given triangle 90 degrees counter clockwise about the origin To 0 7 3...

Algebra
Q

Question text Relevant Range and High-Low Method The following selected data relate to the major...

Accounting
Q

eBook Print Item Adjusting Entries Crazy Mountain Outfitters Co., an outfitter store for fishing treks,...

Accounting
Q

Brief Exercise 24-4 Caine Bottling Corporation is considering the purchase of a new...

Accounting
Q

Smokestack Lightnin' has received a special order for 100 units of its product at a...

Accounting