Hi for this question, the last part states "c. What is the October 31 balance of the Pryor Corp. customer account assuming a zero balance on October 1?" I put $330 assuming it was the total of the two transactions from Pryor Corp of $220 and $110 but it said it was incorrect. The 'check my work' feedback says "(c) Include all the transactions for Pryor Corp." But I thought that does include all transactions? Can you please help? I have attached a picture of the original question. Thanks!
Want to see the full answer?
Check out a sample Q&A here
Related Accounting Q&A
Find answers to questions asked by students like you.
Q: Required: 1. Determine the amounts of the missing items, identifying them by letter. Enter all…
A: Cost of goods sold means the cost incurred on the manufacturing or purchase of goods which has been…
Q: I am missing the other answers
A: The shares of a corporation which are bought back from the shareholders for cash but are not…
Q: The possible answers for option D are:Cost of Goods SoldDepreciation ExpenseEarned RevenueIncome Tax…
A: Step1:The likely income statement account that will be used to adjust unearned revenue (balance…
Q: Can you help me find the blanks
A: The expenses reported on the income statement that includes all the direct and indirect expenses…
Q: ran X…
A: The journal entries are prepared to keep the record of day to day transactions of the business.
Q: 2000 Ch 13 exam study guide Word Search References Mailings Review View Help RCM Acrobat b 仔王^、、| I…
A: The answer with calculations are as follows
Q: 0Following isthe Summary of Ale recrnd maintaind by Amit Bayaj.chopda aha. keeps his boukg of Alc…
A: Net profit means the difference between the income and expenses. Financial statement means the…
Q: Ba Blackboard Learn…
A: Post closing trial balance is made after making closing entries. The closing entries are made by…
Q: CengageNOWv2 | Online teachi X +.…
A: Net Income = Revenue - Total operating expenses
Q: * CengageNOWv2 | Online teachin x +…
A: a. Compute patent amortization expense for year 4 ended December 31 as shown below: Total life of…
Q: CengageNOWv2 | Online teachin X +…
A: Basic Accounting Equation: The mathematical equation which shows the relationship among the…
Q: X Cengage Digital Learning X CengageNOWv2 | Online teachin x engage X /takeAssignment/takeAssignment…
A: Gross earnings refer to the amount of income earned by the employee before any adjustment and before…
Q: Content * CengageNOWv2 On x Forms By Mail |USCIS X + Home USCIS 53'F…
A: Internal Control: Internal controls are the components, rules, and systems executed by an…
Q: I dont understand how to record this
A: a. Company SRU purchased inventory worth $215,000 from Company Southern sporting goods (SSG):
Q: OWv2| Onlin X…
A: Entry for May. 1
Q: Question #4 in this image
A: Accounting Cycle: The accounting cycle refers to the entire process of recording the accounting…
Q: I'm not sure whether I add or subtract the common stock, $80 par and the excess over par.
A: Stockholders’ Equity Section: It is refers to the section of the balance sheet that shows the…
Q: 69 FL %24 E…
A: Since you have asked multiple question, we will solve the first question for you. If youw ant any…
Q: WPS Office P Y Topic 4 Invest.erties-Revised MC4 Investmen.nts)_A202.pdr P TUTORIAL2 -Question.pdf…
A: a) As per FRS140, para 5, "Investment property is property (land or a building—or part of a…
Q: Question #3 in this image
A: Closing entries Closing entries are recorded in order to close the temporary accounts such as…
Q: Class Specifi + CLA Annotated B WileyPLL X WOMEN EM THE LIVED E…
A: Comprehensive Income:The change that occurs in equity of a company from other events, transactions,…
Q: 00 5 %24 山 - Post Attendee - Zoom HPTY Accounting Flashcards C X 1001@gr Himalaya Assessment Engine…
A: Management accounting and practices assist managers in allocating expenditures, overheads, and even…
Q: Cengage CengageNOWv2 | Online teachin X Cengage Digital Learning X X X…
A: Amounts to be reported on each employee's Wage and Tax Statement (Form W-2) for 20Y8.
Q: My Home * CengageNOWv2 | Online teachi G benefits of being loyal - Google…
A: Capital means amount attributable to owners of the business. This is calculated by deducting total…
Q: Need help in feeling out the chart. Thank you
A: Corrected Trial Balance is shown below: Formulae used are shown below:
Q: Beginning Balance (BB) ? $ 8,820 $ 73,500 Ending Balance (EB) 36,260 ? 77,000…
A: Beginning balance: It is the amount of money in company’s account at the beginning of the new…
Q: Maynard Services was organized on August 1, 20Y5. A summary of the revenue and expense transactions…
A: Formula: Net income = Revenues - expenses Deduction of expenses from revenues derives the Net…
Q: 1. Prepare a classified balance sheet from T accounts. Preparing a classified balance sheet - Excel…
A: Cash, supplies disclosed under current assets Land and Equipment disclosed under Long term assets…
Q: McGraw-Hill Connect 5 Question 2 p.mheducation.com/ext/map/index.html?_con%3con&external oogleDOCS…
A: The question is related to Revenue Recognition. Accrued revenue is the product of accrual accounting…
Q: Q Search this course Full Book Go to pg. 69 E AA TOC Journalizing entries in a general journal Use…
A: Journal is the primary book where transactions are originally recorded. Further, a journal entry is…
Q: MGMT_7120 6 Question 8- HW3 - Connect Channel content - YouTube Stud zto.mheducation.com…
A: In a common size balance sheet every asset is presented as a percentage of the total assets and…
Q: As the full-time bookkeeper, your job is to make any corrections to the general ledger accounts.…
A: Before submitting any rectification entry in the Accounts, it should be assessed and approved by the…
Q: tests.mettl.com/test-window/f55ac827#/testWindow/0/20/1 EY Accounting Assessmente Total 00 54 23…
A: Accrual basis of accounting is that system in which all expenses and income related to a particular…
Q: need help with Question 1 and 2 please explain step by step
A: As mentioned in the employment contract, Joh would get $1,000 for every 1% increase in the operating…
Q: CHAPTER4 PARTH workn PO ie each department Communicationa hetwom depaments entirely through…
A: “Hey, since there are multiple sub-parts posted, we will answer first three sub-parts. If you want…
Q: Hi, for the last part of this question, it says "After you prepare the schedule of accounts payable…
A: Accounts Payable column of Cash payments Journal represents the Amount paid to Accounts payable…
Q: %24 2 Project: Company Accour X DZL. 7-1 Problem Set: Module Sev X CengageNOWv2 | Online tea x…
A: Amount of Change Increase/Decrease Percentage Accounts Payable $ 836.00…
Q: Need help with this questiin please. Thank you
A: Given: Account receivables is $ 505,300 Loan amount is $ 327,200 Finance charge is 2% of account…
Q: Thank you
A: An income statement is a financial statement that represents the financial performance of the…
Q: I am having an problem with the attached question. How do I calculate the full depreciation on a…
A: In this case, house is fully depreciated. Therefore, Depreciation expense considered as $0.Calculate…
Q: 1 2 m 4n 07 9. White 9 A Talk S Aint Ia O ENG 10 O Annota S Annota SAnnota M Recibic I Downl…
A: Journal Entry: Journal entry is the act of keeping records of transactions in an accounting journal.…
Q: Need help with questions please. Thank you
A: (a) The journal entry is represented as below:
Q: Post the entry on July 1 and the adjusting entry on December 31 for Carla Vista Co.. (Post entries…
A: Introduction: Ledgers: After completion of Journal entries the entries to be posted in Ledger…
Q: My unadjusted trial balance is not adding up properly. I am not sure what I have missed.
A: It is assumed that the first three sub-parts are completed and answers are with you. Here is the…
Q: can someone help me with this
A: Find missing amounts in the following income statement as shown below:
