Business, 04.01.2020 00:31 madelynreynolds4757

On january 1, 2018, red flash photography had the following balances: cash, $26,000; supplies, $9,400; land, $74,000; deferred revenue, $6,400; common stock $64,000; and retained earnings, $39,000. during 2018, the company had the following transactions: 1. february 15 issue additional shares of common stock, $34,000.2. may 20 provide services to customers for cash, $49,000, and on account, $44,000.3. august 31 pay salaries to employees for work in 2018, $37,000.4. october 1 purchase rental space for one year, $26,000.5. november 17 purchase supplies on account, $36,000.6. december 30 pay dividends, $3,400. the following information is available on december 31, 2018: 1. employees are owed an additional $5,400 in salaries.2. three months of the rental space has expired.3. supplies of $6,400 remain on hand.4. all of the services associated with the beginning deferred revenue have been performed. requirementgeneral journalgeneral ledgertrial balanceincome statementstatement of sebalance sheet

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 03:30

Lindon company is the exclusive distributor for an automotive product that sells for $30.00 per unit and has a cm ratio of 30%. the company’s fixed expenses are $162,000 per year. the company plans to sell 20,200 units this year. required: 1. what are the variable expenses per unit? (round your "per unit" answer to 2 decimal places.) 2. what is the break-even point in unit sales and in dollar sales? 3. what amount of unit sales and dollar sales is required to attain a target profit of $72,000 per year? 4. assume that by using a more efficient shipper, the company is able to reduce its variable expenses by $3.00 per unit. what is the company’s new break-even point in unit sales and in dollar sales? what dollar sales is required to attain a target profit of $72,000?

Answers: 2

Answer

Business, 22.06.2019 08:40

Which of the following statements is true regarding the reporting of outside interests and the management of conflicts? investigators are responsible for developing their own management plans for significant financial interests. the institution must report identified financial conflicts of interest to the u.s. office of research integrity. investigators must disclose their significant financial interests related to their institutional responsibilities and not just those related to a particular project. investigators must disclose all of their financial interests regardless of whether they are related to a research project.

Answers: 3

Answer

Business, 22.06.2019 12:40

Which of the following tasks would be a line cook's main responsibility? oa. frying french fries ob. chopping onions oc. taking inventory of stocked dry goods od. paying invoices

Answers: 2

Answer

Business, 22.06.2019 22:50

Total marketing effort is a term used to describe the critical decision factors that affect demand: price, advertising, distribution, and product quality. define the variable x to represent total marketing effort. a typical model that is used to predict demand as a function of total marketing effort is based on the power function: d = axb suppose that a is a positive number. different model forms result from varying the constant b. sketch the graphs of this model for b = 0, b = 1, 0< b< 1, b< 0, and b> 1. (we encourage you to use excel to do this.) what does each model tell you about the relationship between demand and marketing effort? what assumptions are implied? are they reasonable? how would you go about selecting the appropriate model?

Answers: 1

Answer

You know the right answer?

On january 1, 2018, red flash photography had the following balances: cash, $26,000; supplies, $9,...

Questions