We are an immediate loan specialist in Minnesota, and we are quicker and more advantageous than run of the mill retail facade banks since we're based on the web and are open constantly. No compelling reason to sit tight for "ordinary business hours" or invest energy flying out to the store — our short application can be finished in not more than minutes. You can even apply from a cell phone while you're in a hurry!
We can loan up to $500 to Minnesota occupants, in view of qualifying elements. On the off chance that endorsed, your credit will be expected on your next payday that falls in the vicinity of 10 and 31 days after you get your advance. As you consider whether an advance is proper for your prompt needs, you ought to likewise investigate other subsidizing alternatives. A payday credit is a genuine budgetary duty, and not an answer for long haul issues. Getting from a companion of relative may be a superior alternative.
Brothers mike and tim harden began operations of their tool and die shop (H & H Tool, inc) on january 1, 2011. the annual reporting period ends december 31. the trial balance on january 1, 2012, follows: ACCOUNT TITLES DEBIT CREDIT cash $4,000 accounts receivable 7,000 supplies 16,000 land equipment 78,000 accumulated depreciation (on equipment) $8,000 other assets (not detailed to simplify) 5,000 accounts payable wages payable interest payable income taxes payable long-term notes payable contributed capital (85,000 shares) 85,000 retained earnings 17,000 service revenue depreciation expense supplies expense wages expense interest expense income tax expense remaining expenses (not detailed to simplify) totals $110,000 $110,000 TRANSACTIONS DURING 2012 FOLLOW: A. BORROWED $12,000 CASH ON A 5 YR, 10% NOT PAYABLE, DATED MAR 1, 2012 B. PURCHASED LAND FOR A FUTURE BUILDING SITE: PAID CASH, $12,000 C. EARNED $208,000 minnesota REVENUES FOR 2012, INCLUDING $52,000 ON CREDIT AND THE REST minnesota CASH D.SOLD 4,000 ADDITIONAL SHARES OF CAPITAL STOCK FOR CASH AT $1 MARKET VALUE PER SHARE ON JAN 1, 2012 E. INCURRED $111,000 minnesota REMAINING EXPENSES FOR 2012, INCLUDING $20,000 ON CREDIT AND THE REST PAID minnesota CASH. F. COLLECTED ACCOUNTS RECEIVABLE, $34,000 G. PURCHASED OTHER ASSETS, $13,000 CASH H. PAID ACCOUNTS PAYABLE, $19,000 I. PURCHASED SUPPLIES ON ACCOUNT FOR FUTURE USE $23,000 J. SIGNED A THREE-YEAR $33,000 SERVICE CONTRACT TO START FEB 1, 2013 K. DECLARED AND PAID CASH DIVIDENDS $22,000 DATA FOR ADJUSTING ENTRIES: L. SUPPLIES COUNTED ON DEC 31, 2012 $18,000 M. DEPRECIATION FOR THE YEAR ON THE EQUIPMENT $8,000 N. INTEREST ACCRUED ON NOTES OAYABLE (TO BE COMPUTED) O. WAGES EARNED BY EMPLOYEES SINCE THE DEC 24 PAYROLL BUT NOT YET PAID $16,000 P. INCOME TAX EXPENSE $10,000 PAYABLE minnesota 2013 REQUIRED: 1. set up T-accounts for the accounts on the trial balance and enter beginning balances. 2. prepare journal entries for transactions (a) through (k) and post them to the T-accounts. 3. journalize and post the adjusting entries (l) through (p) 4.prepare an income statement (including earnings per share), statement of stockholders' equity, balance sheet, and statement of cash flows. 5. journalize and post the closing entry 6. compute the following ratios for 2012 and explain what the results suggest about the company: a. current ratio b. total asset turnover c. net profit margin
Dude, I'm not going to do your homework for you. If you have a conceptual question then I'll answer it, but you need to learn to do this by yourself...
Been there, carried out that, acquired the ideal solution :) NatWest Step account. You best get a paying in guide, but you do get a chip and pin Solo/Maestro debit card. You additionally get a bit of interest on any money you've in. Naturally you can have wages paid in and direct debits can exit. It is also legitimate for a Paypal account. After 6 month or so, when they are satisfied with the way it's jogging which you can observe for a standard branch account with a cheque ebook - if you need. Do not take the Gold advantage (default) account although, it costs £12 a month for the privilege (noting that some individuals do improvement from this choice). After you have a usual cheque account, all of it probability they are going to trust you with visa sort debit card.