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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 343 Weeks Ago |
| Questions Answered: | 19234 |
| Tutorials Posted: | 19224 |
MBA (IT), PHD
Kaplan University
Apr-2009 - Mar-2014
Professor
University of Santo Tomas
Aug-2006 - Present
GRADING: Worth 15 points. Partially completed problems will not be accepted. If you complete all items requested, you will earn at least half the points. The remaining points are dependent on accuracy of your answers!
Cheating: Anyone who is discovered copying or allowing someone else to copy their answer will forfeit ALL extra credit points (and the opportunity to earn extra credit) for the entire semester.
Konkweiser Inc. prepares quarterly financial statements. The balance sheet at 12/31/15 is presented below.
Balance Sheet
12/31/2015
Cash $ 24,300 Accounts payable $ 12,370Â
Accounts receivable 22,400 Common stock 90,000Â
Allowance for doubtful accounts (1,200) Retained earnings 53,130Â
Equipment 20,000Â
Accumulated depreciation - equipment (15,000)
Land 20,000Â
Building 100,000Â
Accumulated depreciation - building (15,000)
$ 155,500 $155,500Â
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