Accounting Solutions Library

Accounting Solutions Library

Access over 695 Accounting video and text solutions to help you complete your homework.

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695 solutions

Ratios: Working Capital and the Current Ratio

Q. Charity Kemper analyzes a company's current ratio before deciding whether to invest in the company. What types of information does Charity hope to ...

Solved • Nov 22, 2017

Adjusting Entries: Unearned Revenue

Q. What type of an account is Unearned Revenue? a. Asset b. Liability c. Revenue d. Expense

Solved • Nov 22, 2017

Fundamental Accounting Equation

Q. Briggs Automotive, Inc. has Cash of $20,000, Accounts Receivables of $30,000, Supplies of $10,000, Inventory of $50,000, Accounts Payable of $15,00...

Solved • Nov 22, 2017

Ratios: Gross Profit Rate

Q. Given the information below for The Great Mall of the Great Plains, what is The Great Mall's Gross Profit Percentage? Net Sales                  $...

Solved • Nov 22, 2017

Ratios: Inventory Turnover

Q. Dagen Haaz, Inc., an ice cream manufacturer had the following information available related to its inventory for 2014:  What is Dagen Haaz's inven...

Solved • Nov 20, 2017

Ratios: Return on Assets (ROA)

Q. The following information is available for Manhattan Quarry for the current year: Net income: $200,000 Interest expense: 20,000 Beginning of yea...

Solved • Nov 17, 2017

Premium on Bonds

Q. Yarborough Enterprises issued a $500,000 of bonds payable with a 10% interest rate at a price of 104. The journal entry to record the issuance of t...

Solved • Nov 17, 2017