subject
Business, 17.06.2021 16:30 zackthompson23

The December 31, 2021, adjusted trial balance for Fightin' Blue Hens Corporation is presented below. Accounts Debit Credit Cash $ 10,600 Accounts Receivable 136,000 Prepaid Rent 4,600 Supplies 23,000 Equipment 260,000 Accumulated Depreciation $ 121,000 Accounts Payable 10,600 Salaries Payable 9,600 Interest Payable 3,600 Notes Payable (due in two years) 26,000 Common Stock 160,000 Retained Earnings 46,000 Service Revenue 360,000 Salaries Expense 260,000 Rent Expense 13,000 Depreciation Expense 26,000 Interest Expense 3,600 Totals $ 736,800 $ 736,800Prepare a classified balance sheet as of December 31, 2021. (Amounts to be deducted should be indicated by a minus sign.)December 31, 2021 Assets Liabilities Current assets: Current liabilities: r Total current assets Total current liabilities Total liabilities Long-term as Stockholders' Equity 0 Total long-term assets Total assets Total stockholders' equity Total liabilities and stockholders' equity 0

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 09:40
Newton industries is considering a project and has developed the following estimates: unit sales = 4,800, price per unit = $67, variable cost per unit = $42, annual fixed costs = $11,900. the depreciation is $14,700 a year and the tax rate is 34 percent. what effect would an increase of $1 in the selling price have on the operating cash flow?
Answers: 2
question
Business, 22.06.2019 20:30
The former chairman of the federal reserve, alan greenspan, used the term "irrational exuberance" in 1996 to describe the high levels of optimism among stock market investors at the time. stock market indexes such as the s& p composite price index were at an all-time high. some commentators believed that the fed should intervene to slow the expansion of the economy. why would central banks want to clamp down when the economy is growing? a. to block the formation of unsustainable speculative asset bubbles. b. to curtail excessive profits in the banking system. c. to prevent inflationary forces from gathering momentum. d. all of the above. e. a and c only.
Answers: 3
question
Business, 22.06.2019 21:10
You own a nonunion company with 93 nonexempt employees. all of these employ- ees pack books into boxes for shipment to customers throughout the united states. because of wide differences in performance, you have decided to try performance appraisal, something never done before. until now, you have given every worker the same size increase. now you want to measure performance and reward the best performers with bigger increases. without any further information, which of the five types of appraisal formats do you think would be most appropriate? justify your answer. do you anticipate any complaints, or other comments, from employees after you implement your new system?
Answers: 1
question
Business, 22.06.2019 22:40
Rolston music company is considering the sale of a new sound board used in recording studios. the new board would sell for $27,200, and the company expects to sell 1,570 per year. the company currently sells 2,070 units of its existing model per year. if the new model is introduced, sales of the existing model will fall to 1,890 units per year. the old board retails for $23,100. variable costs are 57 percent of sales, depreciation on the equipment to produce the new board will be $1,520,000 per year, and fixed costs are $1,420,000 per year.if the tax rate is 35 percent, what is the annual ocf for the project?
Answers: 1
You know the right answer?
The December 31, 2021, adjusted trial balance for Fightin' Blue Hens Corporation is presented below....
Questions
question
Mathematics, 22.01.2021 04:30
question
Biology, 22.01.2021 04:30
Questions on the website: 13722363