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Question: Problem On Accrual E. Gevera Realty Co. Who Owns A Building

Here are the key steps to solve this problem: 1. The concentration of the unknown compound is given as 2.31x10-5 M 2. The wavelength used is 266 nm 3. The path length of the cuvette is 1.00 cm 4. The measured absorbance is 0.822 To calculate the molar absorptivity (ε), use the Beer-Lambert Law: A = εcl Where: A is the measured absorbance ε is the molar absorptivity (L mol-1 cm-1) c is the concentration of the compound (mol/L) l is the path length (cm)

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324 views2 pages

Question: Problem On Accrual E. Gevera Realty Co. Who Owns A Building

Here are the key steps to solve this problem: 1. The concentration of the unknown compound is given as 2.31x10-5 M 2. The wavelength used is 266 nm 3. The path length of the cuvette is 1.00 cm 4. The measured absorbance is 0.822 To calculate the molar absorptivity (ε), use the Beer-Lambert Law: A = εcl Where: A is the measured absorbance ε is the molar absorptivity (L mol-1 cm-1) c is the concentration of the compound (mol/L) l is the path length (cm)

Uploaded by

Ken Sann
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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52 answers

Problem on acccrual

In the books of E. Gevera Realty Company

Lease Rent Receivable A/c Dr.

To Lease Rental Income A/c

(Lease Rent Receivable)

On receipt of the rent after year end

Bank A/c Dr.

To Lease Rental Receivable

(Lease Rent Received)

In the books of Metro Drug Company

Lease Rental Expense A/c Dr.

To Lease Rent Payable A/c

(Lease rent payable)

On payment after year end

Lease Rent Payable A/c Dr.

To Bank

(Lease Rent Paid)

Problem on deferrals

Expense Method

1. Insurance Expense A/c Dr. P24,000

To Bank A/c P24,000

(On payment of the premium)

2. The entire payment will be recorded in an expense account.

3. Adjusting entry on 31st December, 20A

Prepaid Insurance A/c Dr. P14,000

To Insurance Expense P14,000

4. Prepaid Insurance A/c is increased in the adjusting entry on 31st December, 20A

Asset Method

1. Prepaid Insurance A/c Dr. P24,000

To Bank A/c P24,000

(On payment of insurance premium)

2. The entire payment will be recorded in an asset account.

3. Adjusting entry on 31st december, 20A

Insurance Expense A/c Dr. P10,000

To Prepaid Insurance A/c P10,000

4. Insurance Expense account is increased in the adjusting entry on 31st December, 20A

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Q: The absorbance of a 2.31x10-5 M solution of an unknown compound is 0.822 at a wavelength of 266 nm in a 1.00 cm

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