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Assume that the chart of accounts for Roth Co. includes the following accounts:  Cash, Accounts Receivable, Equipment, Accounts Payable, Sam Roth, Capital, Sam Roth, Drawing, Fees Earned, Salary Expenses, and Utilities Expense. On July 6, Roth Co. paid creditor on account, $15,000.  Using the chart of accounts above, indicate the account that should be recorded in the Description column of the Journal item (2) as the credit account for the $15,000 amount.                                          JOURNAL                                                   page 2   date description p.ref. debit CREDIT 7/06/Y6 (1)   $15,000       (2)     $15,000    

The balance in the equipment account before adjustment on December 31 at the end of the current year is $60,000 and the balance of accumulated depreciation on December 31 at the end of the current year is $24,000. The adjustment amount for depreciation for the year is $12,000. What account should be credited in the journal (2) and for what amount to record the adjusting entry to record this depreciation based on this information?                                       JOURNAL                                                     Page     25 date description p.ref. debit CREDIT Adjusting Entries 12/31 (1)   ?       (2)     ?  

In “Those Winter Sundays” the narrator is an older man who

Which statement about the Temporary Assistance for Needy Families (TANF)program is not true?

To ensure an organized government, what must a constitution accomplish?

Assume that the chart of accounts for Roth Co. includes the following accounts:  Cash, Accounts Receivable, Equipment, Accounts Payable, Sam Roth, Capital, Sam Roth, Drawing, Fees Earned, Salary Expenses, and Utilities Expense. On July 2, the company received cash from customers on account $2,000.  Using the chart of accounts above, indicate the account that should be recorded in the Description column of the Journal item (1) as the debit account for the $2,000 amount.                                           JOURNAL                                               page 2   date description p.ref. debit CREDIT 7/02/Y6 (1)   $2,000       (2)     $2,000

 50 questions 120 minutes to complete.  Backtracking will be prohibited , meaning you cannot go back once you have answered the question.  Only the chapters covered in the last Unit will be covered, meaning the Final exam is not comprehensive. 

The assets and liabilities of So So Service at December 31, 20Y2, the end of the current year, and its revenue and expenses for the year are listed below.  The amount of capital of the owner, A. Southern, was $174,000 at December 31, 20Y2, the end of the current year after the statement of owner’s equity was prepared.  Using the information below, determine the amount of liabilities that should be listed on the balance sheet as of December 31, 20Y2.   Accounts payable  20,000 Accounts Receivable 40,000 Cash 120,000 Fees earned 200,000 Land 30,000 Miscellaneous expense 2,000 Rent  expense 18,000 Supplies 1,000 Supplies expense 3,000 Wages expense 100,000

A patient with cirrhosis is found to have an elevated alpha-fetoprotein level. Which of the following should be considered?

When does the El Niño current along the west coast of South America regularly occur?