Cash $ 20,050 merchandise inventory 12,500 store supplies 5,700 prepaid insurance 2,500 store equipment 42,600 accumulated depreciation—store equipment $ 16,000 accounts payable 17,000 common stock 5,000 retained earnings 30,000 dividends 2,150 sales 115,300 sales discounts 1,850 sales returns and allowances 2,250 cost of goods sold 38,000 depreciation expense—store equipment 0 sales salaries expense 15,800 office salaries expense 15,800 insurance expense 0 rent expense—selling space 7,500 rent expense—office space 7,500 store supplies expense 0 advertising expense 9,100 totals $ 183,300 $ 183,300 additional information: store supplies still available at fiscal year-end amount to $2,350. expired insurance, an administrative expense, is $1,700 for the fiscal year. depreciation expense on store equipment, a selling expense, is $1,525 for the fiscal year. to estimate shrinkage, a physical count of ending merchandise inventory is taken. it shows $10,200 of inventory is still available at fiscal year-end. 4. compute the current ratio, acid-test ratio, and gross margin ratio as of january 31. (round your answers to 2 decimal places.)

What does the consumer price index measure? a. the change in prices of all goods and services over time b. the change in prices of specific goods and services over time c. the change in prices of final goods and services over time

technology is the application of knowledge and tools to solve problems and perform tasks more efficiently. t/f

The county collector of suncoast county is responsible for collecting all property taxes levied by funds and governments within the boundaries of the county. to reimburse the county for estimated administrative expenses of operating the tax agency fund, the agency fund deducts 1.5 percent from the collections for the town, the school district, and the other towns. the total amount deducted is added to the collections for the county and remitted to the suncoast county general fund.the following events occurred in 2017: 1. current-year tax levies to be collected by the agency were: county general fund $ 10,333,000 town of bayshore general fund 4,840,000 suncoast county consolidated school district 6,550,000 other towns 3,120,000 total $ 24,843,000 2. $13,700,000 of current taxes was collected during the first half of 2017.3. liabilities to all funds and governments as a result of the first half-year collections were recorded. (a schedule of amounts collected for each participant, showing the amount withheld for the county general fund and net amounts due the participants, is recommended for determining amounts to be recorded for this transaction.)4. all cash in the tax agency fund was distributed.requireda. prepare journal entries for each of the foregoing transactions that affected the tax agency fund. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. do not round intermediate calculations. round your answers to the nearest whole dollar amount.)1. record the current-year tax levies to be collected by the agency.2.record the current taxes collected during the first half of 2017.3.record the liabilities due to all funds and governments at the end of first half-year.4. record the distribution of all cash in the tax agency fundb. prepare journal entries for each of the foregoing entries that affected the town of bayshore general fund. begin with the tax levy entry, assuming 2 percent of the gross levy will be uncollectible. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. do not round intermediate calculations. round your answers to the nearest whole dollar amount.)1.record the revenues receivable and uncollectible.2. record the taxes collected