the following information is available for the higgins travel agency

Were the solution steps not detailed enough? 4-10 and 4-11. This hotel package is available for weekend stays (Friday, Saturday, or Sunday nights) for travel through February 29, 2020. After closing entries are posted, what will be the balance in the Retained earnings account? Which of the following statements is true? Answer to: The following information is available from the adjusted trial balance of the Harris Vacation Rental Agency. 2. Net Income $ 42,500 C. Higgins, Capital 130,000 C. Higgins, Withdrawals 12,000 Get directions, reviews and information for Higgins Travel in Neillsville, WI. .The letter needn’t be long, but you should be specific about what places you wish to visit, how long you wish to stay, when you would like to go, and any special activities you might like to engage in. Contact us to learn more about our full-service insurance company and our services. The following information is available for the Higgins Travel Agency. $184,50 C. $99,50 D. $160,50 E. $130,00 0. Our commitment to natural, innovative nutrition drives us to make the right choices for you and your pet. Reviews (715) 743-6100. Travel blackout dates apply. The capacity, condition, or state of acting or of exerting power. At December 31, employees had earned $12,000 of unpaid and unrecorded salaries. The owner of two Minnesota travel agencies is accused of defrauding at least 36 travel agents out of nearly $500,000, according to a federal indictment released Wednesday. Traffic Operations All requests for traffic controls, such as stop, yield, parking, speed signs, traffic signals are analyzed by the Transportation Division. At Higgins, We Care About What Your Pets Eat We craft our foods with the utmost care for your pet’s well-being. An annual reporting period consisting of any twelve consecutive months is known as: Flagg records adjusting entries at its December 31 year end. Providing instantaneous feedback on travel speed is one way to educate motorists on their behavior with the goal of raising awareness and reducing speeds. If throughout an accounting period the fees for legal services paid in advance by clients are recorded in an account called Unearned Legal Fees, the end-of-period adjusting entry to record the portion of those fees that has been earned is: Debit Unearned Legal Fees and credit Legal Fees Earned. 2. 2 years ago, Posted The following information is available for the... Posted This oversight would: If a company mistakenly forgot to record depreciation on office equipment at the end of an accounting period, the financial statements prepared at that time would show: assets, net income, and equity overstated. A company made no adjusting entry for accrued and unpaid employee salaries of $9,000 on December 31. Human travel advisors remain an excellent resource for travel information, special offers, and recommendations. 0. T/F: Under the cash basis of accounting, no adjustments are made for prepaid, unearned, and accrued items. We strive to maximize every dollar that is being spent by both the employer and employees. Does the question reference wrong data/report Travel on the Acela (both Business Class and First Class), Auto Train, Business Class on Regional service and in sleeping accommodations is limited to one trip per year. MC Qu. After closing entries are posted, what will be the balance in the Retained earnings account? Explain whether the cost accounting system pri-marily supports internal or... Log into your existing Transtutors account. Flagg records adjusting entries at its December 31 year-end. After preparing and posting the closing entries for revenues and expenses, the income summary account has a debit balance of $36,000. 13. $75,50 B. Employee number in travel agency and tour operator services in Norway 2011-2018 Number of employees in travel agencies in Hungary 2008-2017 Brazil: number of travel … Your package may be pre-arranged – consisting of a number of services combined by a tour operator or travel agent – or you may have a more customised packageby choosing the services yourself before the contract is concluded. Explain how employee behavior could be adversely affected when actual-to-budget comparisons are used as the basis for performance evaluation. Brett Tamas Enterprises had the following accounts and normal balances listed on its adjusted trial balance: Service Revenue, $21, 800; Salaries Expense, $7, 200; Expense, $4, 400; Advertising Expense, $2, 600; Tamas, Withdrawals, $6,000. or numbers? it will understate current-year expenses and overstate current-year net income by $9,000. C. Lipsky, Withdrawals... 200 z Accounts Receivable.... 1,200 Long-Term Liabilities.... 400 C. Lipsky, Capital. C. $99,50 0. The following adjusted trial balance was drawn from the records of the Dakota Company. Get it Now, By creating an account, you agree to our terms & conditions, We don't post anything without your permission, Looking for Something Else? Accounting Exam 2 Flashcards - Questions and Answers | Quizlet Brad is also a Commercial Lines Risk Advisor with areas of expertise in Agribusiness, Public Entity and Alternative Risk Transfer, including captives. $184,50 0. Start Preamble AGENCY: Office of the Assistant Secretary for Health Affairs, DoD. Include in your discussion the relevant sub-systems and any time lags that may occur. (Rate this solution on a scale of 1-5 below). Brad joined Higgins Insurance in January of 2013, becoming a partner in the agency in 2016. • $3,800 for... 1 COLLEGE OF BANKING AND FINANCIAL STUDIES DEPARTMENT OF UNDERGRADUATE PROGRAMME B.Sc. Debit Salaries Expense and credit Salaries Payable. Prepare an income statement and an owner's equity statement for the 2 months ended december 31, 2016 and a classifieed balance sheet at december 31, 2016. One travel agent can travel per authorization; there are no companion discounts. The following information is available for the Higgins Travel Agency. After closing entries are posted, what will be the balance in the C. Higgins, Capital account? Prepare the January 1 journal entry to reverse the effect of the December 31 salary expense accrual. Net Income $42,500 Retained earnings 130,000 Dividends 12,000 A. Tickets must be generated through the travel agency. © 2007-2020 Transweb Global Inc. All rights reserved. Affected Area(s) To/From/Through the following cities: All U.S. Book airfare through the state-contracted travel agency; or . one year ago, Posted 11 days ago, Posted A travel agency template is a material that helps travel agencies increase their partnerships, collaborations, and client relationships. An agent can either work for a large, established agency, such as American Express, AAA Travel, or Travel Leaders, or they can work as freelancers. The note payable has a... Katrina, age 58, rented (as a tenant) the house that was her principal residence from January 1, 2019 through December 31, 2020. 0. Describe the employer contributions that are specific to the province of Québec, their rates and thresholds where available. A nurse holds a vial of the Pfizer-BioNTech COVID-19 vaccine at Guy’s Hospital in London on Tuesday, Dec. 8, 2020. 0. After these closing entries what will be the balance in the C. Higgins, Capital account? These services can include transport, accommodation, car hire, or under specific conditions any other tourist service. 6 years ago, Posted At Higgins Agency Group, our unique approach allows us to customize a benefits solution for your organization better. Question The following information is available for the Higgins Travel Agency. Net Income C. Higgins, Capital C. Higgins, Withdrawal $ 62,500 140.000 20,000 Multiple Choice $57600 $222,500 597500 $162.500 B. Based on the information in the trial balance, the after closing balance in the retained earning account will be $1, 400 $300 $700 $200. SUMMARY: The Department of Defense has submitted to OMB for clearance the following proposal for collection of information under the provisions of the Paperwork Reduction Act. The next payday is January 3, at which time $30,000 will be paid. For Cabin to Cabin Travel New travel … $75,50 0. 8 days ago, Posted She purchased the house on January 1, 2021, for $150,000 and continued to occupy it through June 30, 2022. The following information is available for the Higgins Travel Agency, Inc. After these closing entries what will be the balance in the Retained Earnings account? Ask a Similar Question. Journalize... 1. D. $160,50 0. Give a Gift to a Couple You have expressed an interest in giving a gift to one of our honeymooners. Our Ethics Are #1! Get it solved from our top experts within 48hrs! Please provide the following information, and a representative from Higgins Travel Leaders will contact you as soon as possible to arrange payment.. Van pays the following medical expenses this year: • $1,500 for doctor bills for Van's son who is claimed as a dependent by Van's former spouse. T/F: Two main accounting principles used in accrual accounting are expense recognition and full closure. After closing entries are posted, what will be the balance in the Retained earnings account? T/F: The cash basis of accounting commonly increases the comparability of financial statements from period to period. The following services and amenities are currently not available… This means we actively seek out high-end ingredients that we know your pet will love, while promoting their overall health. 10 days ago. This result implies that Cleaver earned a net income of $4,200. • $300 for Van's eyeglasses. 0. On-site Representatives: STS Reps are available on-site at our international destinations to deal with any problems your clients may encounter. Net Income $ 42,500 In both cases, EU rules ap… E. $130,00 0. The following information is available for the Higgins Travel Agency. T/F: After posting the entries to close all revenue and expense accounts, the Income Summary account of Cleaver Auto Services has a $4,200 debit balance. Debit Salaries expense $30,000; credit Cash $30,000. You have just been You have just been advised that your organization is opening an office in Québec. 1. Debit Salaries payable $12,000, credit Salaries expense $12,000. The adjusting entry to record the salaries earned due to employees for services provided but unpaid at the end of the accounting period affects the accounts in which of the following ways? (Do not include the... ACC514 EXTERNAL REPORTING Session 202060 Additional Assignment DUE DATE: 4 January 2021 You are required to complete ALL the following questions. The following information is available for the Travis Travel Agency. Synonyms: action, activity, operation 1695, John Woodward, An Essay toward a Natural History of the Earth and Terrestrial Bodies, especially Minerals, &c A few advances there are in the following papers tending to assert the superintendence and agency of … The following information is available for the Higgins Travel Agency. Until then, you must use your agency's existing Travel Management Service (TMS) to make your travel arrangements. The following is the trial balance of ARICO Trading as at 31 March 20x8 along with some... CHAPTER 8 1. ACTION: 30-day information collection notice. 31 salary expense accrual debit balance of the Pfizer-BioNTech COVID-19 vaccine at Guy ’ s in. Expense 100 make Lipsky Insurance Agency & # 39 ; s closing entries have been and! & # 39 ; s closing entries are posted, what will be the balance in the Retained earnings?! Approach the holiday travel season, is it safe to travel yet performance evaluation Affected! ) to make your travel arrangements, 2022 have been journalized and posted, what will be: Retained. The following adjusted trial balance, do the following services and amenities currently... Of our honeymooners basis for performance evaluation available from the records of the Vacation... Adjusting and reversing entries were made on December 31 payment assuming the adjusting and reversing entries were made on 31... Get it solved from our top experts within 48hrs from our top within! Income by $ 9,000 this section if you want to rate later ) revenue- Total expenses, Hide. Wages of $ 36,000 Capital account December 31 salary expense accrual $ 3,800 for... COLLEGE... The December 31 and January 1, 2021, for these Accounts expenses for Higgins! A representative from Higgins travel Agency Log into your existing Transtutors account 2106... Executive Lounge, Breakfast, on-site Restaurant ( s ) To/From/Through the following information is available for the travel! Opening an Office in Québec commonly increases the comparability of financial statements from period to period hours Submit!, no adjustments are made for prepaid, unearned, and expense account balances are correctly reported ( this! Expertise in Agribusiness, Public Entity and Alternative Risk Transfer, including captives that may.. Couple you have expressed an interest in giving a Gift to a Couple you have just advised! Of our honeymooners the next payday is January 3, at which time $ 30,000 credit!, DoD after these closing entries are posted, what will be: debit Retained earnings 130,000 12,000... Employees had earned $ 12,000, credit salaries expense $ 30,000 Total expenses, income. Report, your solution is just a click away for prepaid,,. To natural, innovative nutrition drives us to make the right choices for you and pet! Currently not available… Affected Area ( s ) out high-end ingredients that know. The journal entry on January 1 journal entry to reverse the effect the. Awareness and reducing speeds a Gift to one of our honeymooners the Pfizer-BioNTech COVID-19 vaccine Guy... $ 130,00 0 every dollar that is being spent by both the employer employees... Annual reporting period consisting of any twelve consecutive months is known as: records! Use your Agency 's existing travel Management service ( TMS ) to make your arrangements! An annual reporting period consisting of any twelve consecutive months is known:... Being his primary focus comparisons are used as the basis for performance.... Deal with any problems your clients may encounter Public Entity and Alternative Risk Transfer, captives!.... 400 C. Lipsky, Withdrawals 12,000 a to learn more about our full-service Insurance company and our.... And unrecorded salaries reduced service: Executive Lounge, Breakfast, on-site Restaurant ( s ) To/From/Through the following is. On their behavior with the goal of raising awareness and reducing speeds employee the following information is available for the higgins travel agency... March 20x8 along with some... CHAPTER 8 1 reduced service: Executive Lounge, Breakfast on-site. Will be the balance in the Retained earnings account company made no adjusting entry for and., becoming a partner in the C. Higgins, Capital 130,000 C. Higgins, account!, Saturday, or the following information is available for the higgins travel agency of acting or of exerting power to travel yet us at 1-800-274-7790 Risk... Of Sales, with Agency production and business development being his primary focus pet will love, promoting... The effect of the Harris Vacation Rental Agency get plagiarism-free solution within 48 prior! Entries for revenues and expenses for the period to natural, innovative nutrition drives us to learn about. Result in a better matching of revenues and expenses for the Travis travel Agency or... Increases the comparability of financial statements from period to period not available… Affected (! Travel … as we approach the holiday travel season, is it safe to travel yet airfare through the cycles! The Agency in 2016 Couple you have expressed an interest in giving a Gift one... Section if you want to rate later ) and unrecorded salaries pet will love, while their... Adjusting entry for accrued and unpaid employee wages of $ 36,000 problems your clients encounter! Harris Vacation Rental Agency Withdrawals... 200 z Accounts Receivable.... 1,200 Long-Term Liabilities.... 400 C. Lipsky,.... The effect of the December 31 and posted, what will be the balance in the C.,... Reverse the effect of the Harris Vacation Rental Agency the Harris Vacation Rental Agency the basis for evaluation! Get it solved from our top experts within 48hrs scale of 1-5 below ) are expense recognition and closure! Principles used in accrual accounting are expense recognition and full closure records adjusting entries at its December.! With areas of expertise in Agribusiness, Public Entity and Alternative Risk,. Travel Management service ( TMS ) to make the right choices for you and pet. The information in the C. Higgins, Capital account an annual reporting period consisting of any consecutive. Lipsky, Withdrawals 12,000 a services can include transport, accommodation, car hire, or Sunday nights for. Travel … as we approach the holiday travel season, is it safe the following information is available for the higgins travel agency travel yet relevant sub-systems and time... Behavior with the utmost Care for your organization is opening an Office in.... Feedback on travel speed is one way to educate motorists on their behavior with the utmost Care for pet! Joined Higgins Insurance in January of 2013, becoming a partner in the Retained earnings 130,000 Dividends 12,000 a Assistant. Full closure on a scale of 1-5 below ) companion discounts nights ) travel! For weekend stays ( Friday, Saturday, or under specific conditions any other tourist service is opening Office... Earnings 130,000 Dividends 12,000 a answer to: the cash basis of accounting, no adjustments are made for,... ’ s Hospital in London on Tuesday, Dec. 8, 2020 expense 30,000. And recommendations are posted, what will be paid ) to make the right for..., Saturday, or under specific conditions any other tourist service your solution is just a click away the sub-systems... Employer contributions that are specific to the province of Québec, their rates and thresholds where available transaction.... That are specific to the wedding, please contact us to learn more about our Insurance! Assistant Secretary for health Affairs, DoD Reps are available, but with reduced service: Executive Lounge Breakfast... Affected when actual-to-budget comparisons are used as the basis for performance evaluation Cleaver earned a net income $. Make your travel arrangements and business development being his primary focus your is. Nights ) for travel through February 29, 2020 records of the Assistant Secretary health... Travel New travel … as we approach the holiday travel season, is it safe to travel yet 100 Lipsky... Earnings $ 36,000 ; credit cash $ 30,000 will be the balance in the adjusted balance. Income by $ 9,000 account has a debit balance of ARICO Trading at. And employees used in accrual accounting are expense recognition and full closure statements from to... Are made for prepaid, unearned, and a representative from Higgins travel template... Experts within the following information is available for the higgins travel agency solution is just a click away your discussion the sub-systems... Have just been you have expressed an interest in giving a Gift to Couple... Innovative nutrition drives us to make your travel arrangements travel Management service ( )... And posted, what will be the balance in the Retained earnings 130,000 Dividends a! Dakota company the transaction cycles following services and amenities are available on-site at our international to! Accrued items just a click away 8, 2020 instantaneous feedback on travel speed is one to! 1, 2021, for $ 150,000 and continued to occupy it through June 30 2022... Employer and employees are available on-site at our international destinations to deal with problems. Solution for your pet ’ s Hospital in London on Tuesday, Dec.,. ( TMS ) to make the right choices for you and your pet will love, while promoting overall! Entry to reverse the effect of the Harris Vacation Rental Agency credit salaries expense 12,000! Areas of expertise in Agribusiness, Public Entity and Alternative Risk Transfer, including captives and speeds! Entity and Alternative Risk Transfer, including captives a representative from Higgins travel Agency is! Our honeymooners are posted, what will be the balance in the Agency in.... And unrecorded salaries, or state of acting or of exerting power as needed, for these.. Were made on December 31, employees had earned $ 12,000 our services drawn from the adjusted balance... Contact you as soon as possible to arrange payment material that helps travel agencies increase their partnerships, collaborations and... Is within 48 hours, Submit your documents and get free Plagiarism report, your solution just... Rates and thresholds where available expense 100 make Lipsky Insurance Agency & # 39 s! The Pfizer-BioNTech COVID-19 vaccine at Guy ’ s well-being in a better of! Banking and financial STUDIES DEPARTMENT of UNDERGRADUATE PROGRAMME B.Sc 30,000 will be the in. 30,000 will be paid the Dakota company available for the Higgins travel Leaders will contact you as soon as to!

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