Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. question 25 (1 point) the total assets on the bala

Question 25 (1 point) The total assets on the balance sheet was $128,800 before journalizing...

60.1K

Verified Solution

Question

Accounting

Question 25 (1 point) The total assets on the balance sheet was $128,800 before journalizing and posting the adjusting entries for $800 of expired insurance, $2,400 of expired rent and $900 of depreciation. What are the total assets after journalizing and posting the adjusting? O $124,700 $126,400 $127,900 $128,000

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

Q

In 625 at bats a baseball player got a hit 28% of the time. Find a...

Statistics
Q

A great flood appears in a number of texts, including the Bible, the Sumerian Deluge, and...

Psychology
Q

Exercise 6-9 Compute and Use the Degree of Operating Leverage [LO6-8] Engberg Company installs lawn sod in...

Accounting
Q

No 22 View In English A disk and a sphere of same radius but different...

Physics
Q

Sraph the function using the techniques of shifting compr tretching and or reflecting Start with...

Algebra
Q

Exercise 9-11(Static) Part 1 Required: Complete the first three rows of an amortization...

Accounting
Q

Campbell, a single taxpayer, earns $206,000 in taxable income and $12,000 in interest from an...

Accounting
Q

Direct Materials and Direct Labor Variances Zoller Company produces a dark chocolate candy bar. Recently,...

Accounting
Q

Mutitiple Changet in Profis Fians Required Determine the esticct of each of the following independent...

Accounting
Q

Exercise 24-15 Deitz Corporation is projecting a cash balance of $32,400 in its December 31,...

Accounting
Q

To emphasise auditor independence from management, many entities follow the practice of: Select one: a....

Accounting
Q

5 points Match risk assessment steps based on their order. Step1 Step2 Step3 S Evaluate...

Finance