Business, 02.10.2020 09:01 Clervoyantyvonne

Question 7) These items are taken from the financial statements of D Smith Co, at December 31, 2020, Buildings
$105,800
Accounts receivables
12.270
Prepaid insurance
3,200
Cash
11.840
Equipment
82,400
Dividends
330
Land
61,200
Insurance expense
780
Depreciation expense
5,300
Interest expense
2,600
Common stock
60,000
Retained earnings (January 1, 2020) 40,000
Accumulated depreciation - buildings 45,600
Accounts payable
9,500
Notes payable
93.600
Accumulated depreciation - equipment
18,720
Interest payable
3.600
Service revenue
14,700
Instructions: Prepare a classified balance sheet (in color) in good form. Assume that $17,777 of the notes
payable will be paid in 2021.

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 20:30

Afactory owner wants his workers to produce as many widgets as they can so he pays his workers based on how many widgets they produce. however, in order to make sure that the workers do not rush and produce a large number of poorly made widgets, he checks the widgets at random at various stages of their manufacture. if a defect is found in a widget, the pay of the entire section of the factory responsible for that defect is docked. how is this factory owner seeking to solve the agency conflict problem in this case?

Answers: 2

Answer

Business, 22.06.2019 04:40

Select the correct text in the passage.which sentences in the given passage explains the limitations of monetary policies? monetary policies - limitationsmonetary policies are set by the central bank to bring about growth in the economy.de can be achieved these policiesw at anden i sca poit would be fair to say that changes in the economy cannot be brought about instantly by monetary po des.monetary policy can only influence not control, economic growththe monetary policy makers do work on sining the perfect balance between demand and supply of money in the economy

Answers: 3

Answer

Business, 22.06.2019 17:50

The management of a supermarket wants to adopt a new promotional policy of giving a free gift to every customer who spends > a certain amount per visit at this supermarket. the expectation of the management is that after this promotional policy is advertised, the expenditures for all customers at this supermarket will be normally distributed with a mean of $95 and a standard deviation of $20. if the management wants to give free gifts to at most 10% of the customers, what should the amount be above which a customer would receive a free gift?

Answers: 1

Answer

Business, 22.06.2019 19:50

Ichelle is attending college and has a part-time job. once she finishes college, michelle would like to relocate to a metropolitan area. she wants to build her savings so that she will have a "nest egg" to start her off. michelle works out her budget and decides she can afford to set aside $9090 per month for savings. her bank will pay her 4 %4% per year, compounded monthly, on her savings account. what will be michelle's balance in five years?

Answers: 3

Answer

You know the right answer?

Question 7) These items are taken from the financial statements of D Smith Co, at December 31, 2020,...

Questions