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ChrisMas
What is a great software to help small bussinesses?
I'm looking for a software that can help me create invoice statements, letterheads, logo design, etc. But I'm not sure what type of programs would be the best for me to look in to. Any information would be appreciated.
2 AnswersSoftware8 years agoWhat is a great software to help small bussinesses?
I'm looking for a software that can help me create invoice statements, letterheads, logo design, etc. But I'm not sure what type of programs would be the best for me to look in to. Any information would be appreciated.
5 AnswersSmall Business8 years agoWhat is a great software to help small bussinesses?
I'm looking for a software that can help me create invoice statements, letterheads, logo design, etc. But I'm not sure what type of programs would be the best for me to look in to. Any information would be appreciated.
1 AnswerSmall Business8 years agoWindows 8 Windows Defender turned off on new Dell laptop?!?
I want to uninstall the McAfee and use Windows Defender. When I click on Windows Defender I get a pop up that says "Windows Defender is turned off and not monitoring your computer" and all I can do is close it. How do I turn Windows Defender on???
5 AnswersLaptops & Notebooks8 years agoPurchasing a handgun in Delaware?
I think to purchase a handgun in Delaware they do a criminal background check. Can you purchase a handgun in Delaware with prior misdemeanor marijuana charges from 10+ years ago? Any information would be appreciated
3 AnswersHunting8 years agoDoes Long term note payable go on the financing section of statement of cash flows?
Where would these accounts end up on the statement of cash flows?
Dr. Land 250,000
Cr. Cash 50,000
Cr. Note Payable 200,000
I put the cash in the investing activities section but not sure if i do anything with the note payable
2 AnswersOther - Business & Finance8 years agoPlease help with Cash flow statement problem!?
Please help me if you have time. i have most of my project done, I just don't know what is correct and would like something to check my work
Income Statement
For Month Ended January 31, 2013
Sales $130,500
Less: Sales Discount $800
Sales Returns and Allowances $2,000 $2,800
Net Sales $127,700
Cost of Goods Sold $76,000
Gross Profit $51,700
Operating Expenses
Selling Expenses
Depreciation Expense: Store Equipment $1,500
Supplies Expense $1,000
Salaries Expense: Sales Force $8,000
Payroll Tax Expense: Sales Force $720
Utilities Expense: Store $1,100
Repairs Expense: Store $800
Total Selling Expenses $13,320
General and Administrative Expenses
Depreciation Expense: Building $1,250
Depreciation Expense: Office Equipment $5,000
Salaries Expense: Office $12,000
Payroll Tax Expense: Office $1,080
Insurance Expense $400
Repairs Expense: Office $2,500
Utilities Expense: Office $1,500
Amortization Expense: Patents $1,400
Delivery Expense $1,000
Total General and Administrative Expenses $26,130
Total Operating Expenses $39,450
Non-Operating Expenses
Interest Expenses $8,050
Total Non-Operating Expenses $8,050
Other Income
Interest Revenue $180
Total Other Income $180
Net Income $4,380
Balance sheet
ASSETS
Current Assets
Cash $642,375
Accounts Receivable $10,000
Interest Receivable $180
Note Receivable $30,000
Merchandise Inventory $113,500
Store Supplies $7,000
Office Supplies $1,800
Prepaid Insurance $5,600
Total Current Assets $810,455
Property, Plant, and Equipment
Land $468,500
Building $800,000
Office Equipment $180,000
Store Equipment $200,000
Less: Accumulated Depreciation: Building $(91,250)
Accumulated Depreciation: Office Equipment $(35,000)
Accumulated Depreciation: Store Equipment $(31,500)
Property, Plant, and Equipment Net $1,490,750
Intangible Assets
Patents $138,600
Total Intangible Assets $138,600
Total Assets $2,439,805
LIABILITIES AND STOCKHOLDER'S EQUITY
Current Liabilities
Accounts Payable $45,000
Interest Payable $6,950
Income Tax Payable $25,000
Total Current Liabilities $76,950
Long-Term Liabilities
Notes Payable $200,000
Bonds Payable $1,000,000
Less: Discount on Bonds Payable $(23,900)
Long-Term Liabilities Net $1,176,100
Total Liabilities $1,253,050
Stockholder's Equity
Common Stock, $.50 par value, 1,000,000 authorized; $105,000
210,000 shares issued and outstanding
APIC: Common Stock $685,000
Preferred Stock, $100 par value, 4,000 authorized, issued, $400,000
and outstanding
APIC: Preferred Stock $15,500
APIC: T-Stock $15,000
Less: Treasury Stock $(85,000)
Retained Earnings $51,255
Total Stockholder's Equity $1,186,755
Total Liabilities and Stockholder's Equity $2,439,805
additional information
1. Common stock dividends paid: $50,000
2. Preferred Dividends: $28,125
3. Mortgage payable of $400,000 paid off using portions of sale of bonds
4. $1,000,000 bonds payable issued at 97.6
5. 10,000 shares common stock par value $.50 sold at $9 per share issued in exchange for land
6. 10,000 treasury stock reissued at $10 per share
7. Purchased more Land, $50,000 cash $200,000 long term note payable
2 AnswersCorporations8 years agoPlease help with Cash flow statement problem!?
Please help me if you have time. i have most of my project done, I just don't know what is correct and would like something to check my work
Income Statement
For Month Ended January 31, 2013
Sales $130,500
Less: Sales Discount $800
Sales Returns and Allowances $2,000 $2,800
Net Sales $127,700
Cost of Goods Sold $76,000
Gross Profit $51,700
Operating Expenses
Selling Expenses
Depreciation Expense: Store Equipment $1,500
Supplies Expense $1,000
Salaries Expense: Sales Force $8,000
Payroll Tax Expense: Sales Force $720
Utilities Expense: Store $1,100
Repairs Expense: Store $800
Total Selling Expenses $13,320
General and Administrative Expenses
Depreciation Expense: Building $1,250
Depreciation Expense: Office Equipment $5,000
Salaries Expense: Office $12,000
Payroll Tax Expense: Office $1,080
Insurance Expense $400
Repairs Expense: Office $2,500
Utilities Expense: Office $1,500
Amortization Expense: Patents $1,400
Delivery Expense $1,000
Total General and Administrative Expenses $26,130
Total Operating Expenses $39,450
Non-Operating Expenses
Interest Expenses $8,050
Total Non-Operating Expenses $8,050
Other Income
Interest Revenue $180
Total Other Income $180
Net Income $4,380
Balance sheet
ASSETS
Current Assets
Cash $642,375
Accounts Receivable $10,000
Interest Receivable $180
Note Receivable $30,000
Merchandise Inventory $113,500
Store Supplies $7,000
Office Supplies $1,800
Prepaid Insurance $5,600
Total Current Assets $810,455
Property, Plant, and Equipment
Land $468,500
Building $800,000
Office Equipment $180,000
Store Equipment $200,000
Less: Accumulated Depreciation: Building $(91,250)
Accumulated Depreciation: Office Equipment $(35,000)
Accumulated Depreciation: Store Equipment $(31,500)
Property, Plant, and Equipment Net $1,490,750
Intangible Assets
Patents $138,600
Total Intangible Assets $138,600
Total Assets $2,439,805
LIABILITIES AND STOCKHOLDER'S EQUITY
Current Liabilities
Accounts Payable $45,000
Interest Payable $6,950
Income Tax Payable $25,000
Total Current Liabilities $76,950
Long-Term Liabilities
Notes Payable $200,000
Bonds Payable $1,000,000
Less: Discount on Bonds Payable $(23,900)
Long-Term Liabilities Net $1,176,100
Total Liabilities $1,253,050
Stockholder's Equity
Common Stock, $.50 par value, 1,000,000 authorized; $105,000
210,000 shares issued and outstanding
APIC: Common Stock $685,000
Preferred Stock, $100 par value, 4,000 authorized, issued, $400,000
and outstanding
APIC: Preferred Stock $15,500
APIC: T-Stock $15,000
Less: Treasury Stock $(85,000)
Retained Earnings $51,255
Total Stockholder's Equity $1,186,755
Total Liabilities and Stockholder's Equity $2,439,805
additional information
1. Common stock dividends paid: $50,000
2. Preferred Dividends: $28,125
3. Mortgage payable of $400,000 paid off using portions of sale of bonds
4. $1,000,000 bonds payable issued at 97.6
5. 10,000 shares common stock par value $.50 sold at $9 per share issued in exchange for land
6. 10,000 treasury stock reissued at $10 per share
7. Purchased more Land, $50,000 cash $200,000 long term note payable
1 AnswerOther - Business & Finance8 years agoHow do you account for Common stock splits on statement of stockholders' equity?
Dec 31 there were 100,000 shares of common stock, $1 par value. On Jan 2 the stock splits 2 for 1 and now there is 200,000 shares common stock, $.50 par value. I know the total is still $100,000 but my problem is how to account for it on the statement of stockholders' equity. None of the examples I've seen involve any kind of stock split.
1 AnswerOther - Business & Finance8 years agoNeed help with common and preferred stock dividends!?
A corporation has 1,000,000 shares of $1 par value common stock authorized, and 100,000 shares outstanding. It also has 9% cumulative preferred stock with $100 par value; there are 2,500 of preferred stock authorized, issued and outstanding.
Jan 1 common stock splits 2 for 1
Jan 7 issued 10,000 new shares of common stock
Jan 16 Board declares first dividends ever paid on the company's common stock. The preferred stockholders have one year of dividends in arrears plus one quarter of the required current year dividend. The common stock dividend was $.25 per share. What are the common and preferred stock dividends?
I came up with Preferred dividends: $28,125 Common dividends: $27,500 but I think both were marked wrong on my project. Any help is appreciated
1 AnswerOther - Business & Finance8 years agoI need help with stock dividends please!?
A corporation has 1,000,000 shares of $1 par value common stock authorized, and 100,000 shares outstanding. It also has 9% cumulative preferred stock with $100 par value; there are 2,500 of preferred stock authorized, issued and outstanding.
Jan 1 common stock splits 2 for 1
Jan 16 Board declares first dividends ever paid on the company's common stock. The preferred stockholders have one year of dividends in arrears plus one quarter of the required current year dividend. The common stock dividend was $.25 per share. What are the common and preferred stock dividends?
I came up with Preferred dividends: $28,125 Common dividends: $27,500 but I know they're wrong.
1 AnswerCorporations8 years agoWhere would mortgage payable go on statement of cash flows?
I'm working on statement of cash flows and can't figure out if I put the mortgage payable in there. Dec 31 Mortgage payable was $400,000. During the month of Jan it was paid off using a portion of money received from selling common stock (so no more mortgage payable). How and where would i put this on a statement of cash flows. Aren't payables operating activities?
2 AnswersOther - Business & Finance8 years agoI could use a little Balance Sheet help?
The totals of my Liabilities and stockholders equity is unbalanced to the total assets by the exact amount of my net income. I don't believe net income is on the balance sheet is it? Where did I go wrong???
2 AnswersPersonal Finance8 years agoI could use a little Balance Sheet help?
The totals of my Liabilities and stockholders equity is unbalanced to the total assets by the exact amount of my net income. I don't believe net income is on the balance sheet is it? Where did I go wrong???
2 AnswersOther - Business & Finance8 years agoIs delivery expense an operating or non-operating expanse?
I need to figure out where it goes on the income statement.
1 AnswerOther - Business & Finance8 years agoNeed help preparing income statement!?
Please help me prepare the income statement. This is for the end of January
Sales Revenue 130500
Sales Discount 800
Sales Return and Allowances 2000
Cost of Goods sold 76000
Depreciation Expense store equipment 1500
Depreciation Expense Building 1250
Depreciation Expense Office Equipment 5000
Supplies Expense 1000
Sales Salary Expense 8000
Office Salary Expense 12000
Payroll Tax Expense Sales 720
Payroll Tax Expense Office1080
Utilities Expense Store 1100
Utilities Expense Office 1500
Repairs Expense Store 800
Repairs Expense Office 2500
Amortization Expense Patent 1400
Insurance Expense 400
Delivery Expense 1000
Interest Expense 8050
Interest Revenue 180
Any help would be much appreciated.
1 AnswerOther - Business & Finance8 years agoNeed help preparing income statement!?
Please help me prepare the income statement. This is for the end of January
Sales Revenue 130500
Sales Discount 800
Sales Return and Allowances 2000
Cost of Goods sold 76000
Depreciation Expense store equipment 1500
Depreciation Expense Building 1250
Depreciation Expense Office Equipment 5000
Supplies Expense 1000
Sales Salary Expense 8000
Office Salary Expense 12000
Payroll Tax Expense Sales 720
Payroll Tax Expense Office1080
Utilities Expense Store 1100
Utilities Expense Office 1500
Repairs Expense Store 800
Repairs Expense Office 2500
Amortization Expense Patent 1400
Insurance Expense 400
Delivery Expense 1000
Interest Expense 8050
Interest Revenue 180
Any help would be much appreciated.
1 AnswerCorporations8 years agoHelp with Marketing question!!!?
Describe an example of a new product or service that it is targeted at the college student market. Using the concept testing, describe how you would conduct a concept test for this product or service.
1 AnswerMarketing & Sales9 years agoMarketing: Diffusion of innovations question?
Identify the factors that determine how fast innovations diffuse and provide specific examples
1 AnswerOther - Advertising & Marketing9 years agoConversion of preferred stock to common stock is disclosed in the financing section statement of cash flows?
True or False??? Please help
1 AnswerInvesting9 years ago