Answer:
Explanation: Total cost of X = 150, 170, 190, 220, 250, 280, 320, 360, 410, 460 Total cost of Y = 140, 145, 155, 165, 170, 175, 180, 185, 190, 195 2 Average Total
blank be chartered by an appropriate governmental body to exist.
Answer:
A charter is a legal document that formally establishes a corporate entity. Charters are issued by national or provincial governments.
Explanation:
The incorporator oversees setting up the company, prepares and files the charter, and supervises the creation of other corporate documents. The business may also propose an amended charter if the number of directors changes, the board members themselves change, or the corporation moves its primary location.
You arrive at the restaurant & are told that the food needs an extra 15 minutes to cook. What would be a good text to send the customer?
Answer:
"The restuarant said the food needs 15 more minutes to cook. Sorry for the wait!"
Explaination:
maybe something along the lines of that??
A good text to send the customer will be "Please, kindly note that the food will be ready in fifteen minutes, Thank you".
It should be noted that when the customer arrive at the restaurant, he'll have expected the food to be ready. Therefore, it's important that the restaurant workers attend to the customer very well.
The text that should be sent will be "Please, kindly note that the food will be ready in fifteen minutes, Thank you". It's important to show courtesy and use nice languages to appeal to the customer.
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Which of the following statements is TRUE of project teams?
Multiple Choice
Their membership is mostly based on organizational position and hierarchy.
They are permanent.
They only deal with specific quality, productivity, or service problems.
Their membership is likely to be composed of people from different functional areas.
The statement that is TRUE of the project team is "Their membership is likely to be composed of people from different functional areas". Option D
This is further explained below.
What are project teams?Generally, The project team is the collection of individuals who are accountable for carrying out the activities and generating the deliverables that are outlined in the project plan and schedule in accordance with the directives provided by the project manager.
This is the case regardless of the level of effort or participation that has been defined for them.
In conclusion, The statement that "Their membership is likely to be formed of persons from diverse functional areas" pertains to the project team, and it is accurate to say that the team has members from a variety of functional areas. The D Option
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When people buy more, or less, at ALL prices, there has been a change in _____.
There prices has been a change in demand and supply.
Pricing is the process of determining supply how much money a manufacturer will receive in exchange for services and commodities. The pricing approach is used to change the cost of the producer's offerings to make them more appealing to both the manufacturer and the client.
The pandemic shook the global economy, disrupting supply lines and causing to massive shipping delays. Labor shortages and rising consumer demand have aggravated the situation. Prices are rising as many items are in low supply and delivery costs rise. The cost or amount at which anything is valued is referred to as its price.
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Budget average daily UOS is 20/day X 14 = 280. It total nonproductive hours is 511.38 what is HPPD
Teach Thinking Classes for HPPD List for FTE Equation Average UOS is 20/day x 14=280 for Payday HPPDs FTEs Budget. 80 hours in a salary per entire staff (15 direct RN HPPD) 2.5 clear Nito HPPD
How would you define a budget?Definition: The projection of future expenses and income is done using a budget. Simply expressed, a budget accounts for both anticipated income and expenses as well as future saving and spending.
Why is it referred to as a budget?The term "budget" comes to the Old French link information, which means "small sack." It is referred to as "opening" the budget, or the receptacle of papers and accounts, so when British chancellor presents his yearly financial statement.
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What change should this candidate make to his profile
to make it more appealing to recruiters?
O He should remove his experience as a cashier
because it is not relevant
O He should delete his interests so employers do not
think he socializes too much,
O He should provide more detailed information about
his most recent job.
O He should describe his interests in greater detail to
appear more fun and personable,
Answer:
C. He should provide more detailed information about his most recent job.
Explanation:
Answer:
C
Explanation:
During the year, John (a self-employed management consultant) went from Columbus,OH to Seattle, WA on business. Preceding a five-day business meeting, he spent four days vacationing at the beach. Excluding the vacation costs, his expenses for the trip are:
Airfare $3,200
Lodging 1,100
Meals 1,000
Entertainment 600
Presuming no re-imbursement, deductible expenses are:_____.
a. $3,200.
b. $3,900.
c. $4,500.
d. $5,500.
e. none of these.
Answer:
the deductible expense is $4,800
Explanation:
The computation of the deductible expense is given below:
= Airfare + lodging + 50% of meals
= $3,200 + $1,100 + 50% of $1,000
= $3,200 + $1,100 + $500
= $4,800
Hence, the deductible expense is $4,800
This is an answer but the same is not provided in the given options
so the same is relevant and considered too
Suppose the price level for the country above was 110 in 2014 and 115 in 2015. Also, suppose nominal GDP in 2014 was $13,974
billion and nominal GDP in 2015 was $17,937 billion. Which of the following statements is not correct?
The incorrect statement is : The inflation rate was almost 8% from 2014 to 2015
Gross domestic product is the sum of final goods and services produced in a country in a given period within a given period
Nominal GDP is GDP calculated using current year prices
Real GDP is GDP calculated using base year prices.
Inflation is the persistent increase in the price levels in an economy
Nominal GDP increase = ($17,937 / $13,974) - 1 = 0.2836 = 23.86%
The economy grew because nominal GDP increased.
Percentage increase in inflation = (115 / 110) - 1 = 0.0455 = 4.6%
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g Gamgee Company wishes to maintain a growth rate of 12.8 percent per year, a debt-equity ratio of 1.4, and a dividend payout ratio of 40 percent. The ratio of total assets to sales is constant at .94. What profit margin must the firm achieve
The Profit margin that must be achieved is 12.74%.
Profit marginFirst step
Return on equity= Growth rate /(1 + Growth rate) × Retention ratio
Return on equity=12.8% / (1 + 12.8%) × (100%-40%)
Return on equity= 0.128/(1 +0.128) × 0.60
Return on equity= 0.128/1.128 × 0.60
Return on equity= 0.128/0.6768×100
Return on equity= 18.91%
Second step
Now the profit margin is:
Profit margin= ROE / Asset turnover × Equity Multiplier
Profit margin= 18.91% / {(1/.94) × 1.4}
Profit margin= 0.1891 / 1.06 × 1.4
Profit margin= 12.74%
Inconclusion the Profit margin that must be achieved is 12.74%.
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On January 1, 2024, Splash City issues $320,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year.
Assuming the market interest rate on the issue date is 9%, the bonds will issue at $293,938.
2. Record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30, 2024, and December 31, 2024.
(Interest Expense does not equal 12800)
To record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30, 2024, and December 31, 2024, we need to consider the issuance of the bonds and the accrual of interest expense.
1. Bond Issue on January 1, 2024:
Date Account Debit Credit
--------------------------------------------------------
January 1, 2024 Cash $293,938
Bonds Payable $320,000
To record the issuance of $320,000 face value bonds at a discounted price of $293,938.
2. Semiannual Interest Payment on June 30, 2024:
Date Account Debit Credit
--------------------------------------------------------
June 30, 2024 Interest Expense $14,400
Cash $14,400
To record the semiannual interest payment ($320,000 * 8% / 2 = $12,800) for the period from January 1, 2024, to June 30, 2024.
3. Semiannual Interest Payment on December 31, 2024:
Date Account Debit Credit
--------------------------------------------------------
December 31, 2024 Interest Expense $14,400
Cash $14,400
To record the semiannual interest payment ($320,000 * 8% / 2 = $12,800) for the period from July 1, 2024, to December 31, 2024.
Please note that the interest expense amount mentioned in the question might be incorrect. Based on the information provided, the interest expense should be $12,800 for each semiannual interest payment, resulting in a total of $25,600 for the year 2024.
Below are cash transactions for Goldman incorporated, which provides consulting services related to mining of precious metals
discuss factors that promote national building
Answer:
Nation-building is a normative concept that means different things to different people. The latest conceptualization is essentially that nation-building programs are those in which dysfunctional or unstable or "failed states" or economies are given assistance in the development of governmental infrastructure, civil society, dispute resolution mechanisms, as well as economic assistance, in order to increase stability. Nation-building generally assumes that someone or something is doing the building intentionally.
Review that follow about International Marketing: CASE 3-7 Gillette: The 11-Cent Razor, India, and Reverse Innovation:1. Describe the razor-and-blades business model. 2. How and why do US razor consumers differ from razor consumers in India? 3. How did Gillette’s product development process differ for the Gillette Guard when compared to its previous product development processes? 4. Should Gillette release the Gillette Guard in the US? Should it release the product in other low income countries besides India?
Answer:
Gillette: The 11-Cent Razor, India, and Reverse Innovation:
1. The razor-and-blades business model is introducing low-margin product sby selling at initial low prices. This creates and stimulates demand for higher-margin blades with higher revenue.
2. The US razor consumers differ from the razor consumers in India in many ways. US consumers, like consumers in other advanced countries, enjoy high income and go for premium products to match their income levels, convenience and quality tastes. On the other hand, most consumers in low-income countries, like India and Brazil, cannot afford the premium brands. Therefore, they prefer the lower cost products and brands to the higher cost brands.
3. Gillette, after several studies of Indian men and their shaving habits, decided to innovate the Gillette Guard in India instead of innovating it in the US or other rich countries. This model is known as Reverse Innovation. It does not follow the Traditional Innovation model, where the product's R&D is conducted in rich countries and then the product is introduced into the low-income countries.
4. Gillette should not release the Gillette Guard in the US. The US consumers are used to high quality Gillette brands. They do not have any problem of affordability. To introduce a cheaper brand may dilute the brand quality image, to the detriment of its competitiveness, revenue, and profitability.
However, it should and can release the Gillette Guard in other low-income countries beside India. This decision must take into account the culture and preferences of the particular country's consumers. Some consumers in supposedly low-income countries appreciate quality and would prefer to pay more for the quality. A case-by-case approach should be considered.
Explanation:
The trading of goods and services among different countries is known as international marketing. The procedures for the planning and execution of international trade, promotion and distribution of products and services, are the same worldwide. But there are cultural nuisances which must not be neglected. A case in point is the Gillette Guard innovated in India for Indians. Assuming that Gillette did not factor in the peculiarities of the Indian consumers, it could have failed woefully if it had introduced Gillette Fusion ProGlide instead.
You tell Julia, "There's always improvement to be made as we grow, beginning with me." She looks at you and smiles. You're not certain if her smile is genuine, but you know there are things you can do to improve your leadership skills as well as things you can do to equip the organization to run well as you develop those skills. What might you do to help your organization?
To help improve the organization, the leader can focus on developing their own leadership skills while also equipping the organization to run effectively.
This can be achieved by seeking feedback from employees, providing training and professional development opportunities, delegating responsibilities to trusted team members, and fostering a positive and collaborative work environment.
By seeking feedback from employees, the leader can identify areas for improvement and make necessary adjustments to their leadership style. Providing training and development opportunities can help employees grow in their roles and contribute to the success of the organization. Delegating responsibilities to trusted team members not only lightens the leader's workload, but also empowers employees and allows them to develop their own leadership skills. Finally, fostering a positive and collaborative work environment can boost morale and productivity, leading to greater success for the organization as a whole.
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In the case of a charitable contribution to a qualified organization, you are required to obtain a statement from the recipient organization:
Select one:
a. All of these
b. None of these
c. A description of any goods or services provided by the organization in return for the gift and an estimate of the value of such goods or services
d. If the gift is $250 or more
e. On or before the date you file your tax return
Based on the Internal Revenue Service regulations, and the situation described, you are required to obtain a statement from the recipient organization if you make a payment of more than $75 that is partly a contribution and partly for goods or services. Thus, the answer is None of these.
What is a qualified charitable organizationA qualified charitable organization is a term that is used to describe a charitable organization that is known by the IRS under Section 501(c) of the U.S. Internal Revenue Code (IRC) as tax-exempt in the pursuit of philanthropic, nonprofit, or civic activities.
Generally, the qualified charitable distribution (QCD) allows individuals who are 70½ years old or older to donate up to $100,000 total to one or more charities directly from a taxable IRA rather than taking their required minimum distributions.
Types of Qualified Charitable Organizationpublic charities, private foundations and private operating foundations.Hence, in this case, it is concluded that the correct answer is "None of these."
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Multinational corporation is purchased a manufacturing plant in a foreign country with an exchange rate of $.3435 of the foreign currency equal in one US dollar, for a total cost of US$12,500,000. soon after the purchase, the countries, leader ship orders at the plant denationalized Amanda’s for the MNC sell the plant at a discounted exchange rate of $.2241. How much in US dollars for the MSC lose on the transaction?
According to the question of currency, the answer of MNC would lose $1,636,250.
What is currency?Currency is a medium of exchange that is used to purchase goods and services. It is usually issued by a government and accepted as a legal tender within its jurisdiction. It is generally made up of banknotes and coins, which are used to purchase goods and services. Currency can be divided into two categories, namely fiat currency and commodity currency.
To calculate this, we need to determine the difference between the original exchange rate and the discounted exchange rate. The difference is 0.1194, which we can multiply by the total cost of the plant in US dollars ($12,500,000).
0.1194 x 12,500,000 = 1,636,250
Therefore, the MNC would lose $1,636,250 on the transaction.
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At the beginning of the current year, Wilson Corporation had 130,000 shares of $1 par common stock outstanding and had retained earnings of $4,100,000. During the year, the company earned $1,605,000 and paid a year-end cash dividend of $4 per share. What was Wilson Corporation's retained earnings at the end of the year
Answer:
the ending retained earnings balance is $5,185,000
Explanation:
The computation of the ending retained earnings balance is shown below
Ending retained earnings = Beginning retained earnings + income earned - cash dividends
= $4,100,000 + 1,605,000 - (130,000 shares × $4)
= $4,100,000 + 1,605,000 - $520,000
= $5,185,000
hence, the ending retained earnings balance is $5,185,000
We simply applied the above formula so that the correct value could come
And, the same is to be considered
I borrow $600 and Paid it off in 5 years, my annual Interest rate 2/0
Whate much is interest Rate
The interest paid for the specified values is $60.
Given,
Loan amount: $600
five years to pay it off.
The interest rate per year is 2%.
The amount of interest due is:
600*2/100*5: $60
An interest rate reveals how costly borrowing is or how profitable saving is. As a result, the amount you pay for borrowing money, stated as a percentage of the total loan amount, is the interest rate if you are a borrower.
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In this simulation, theoretical utilization of the intensive care unit (ICU) is calculated as the flow rate of patients that arrive for service at the ICU in a given unit of time divided by the ICU’s capacity to serve customers in that same unit of time. You can think about this as demand/capacity. What is the theoretical utilization of the ICU if the mean inter-arrival time is 4 hour(s), the mean length of stay is 6 hour(s), and there are 4 beds in the ICU?
Answer:
The theoretical utilization of the ICU is:
= 0.25 or 25%
Explanation:
Inter-arrival time or flow rate of patients that arrive for service at the ICU = 4 hours
Mean length of stay = 6 hours
ICU's capacity to serve customers in 6 hours = 4*6 = 24 bed-hours
Total demand = 6 hours
Therefore, the theoretical utilization = flow rate of patients that arrive for service at the ICU in a given unit of time divided by ICU's capacity to serve customers in that same unit of time
= 6 hours/24 bed-hours
= 0.25
On average, our representatives enroll one customer every 3 hours, while top performers make one sale per hour. How would you plan your workweek to maximize your earnings?*
Plan your workweek to maximize your earnings Identify peak sales hours, Set ambitious goals, Allocate more time during high-performance hours, Continuous improvement, Efficient time management, Develop strong customer relationships, and Continuous learning.
To maximize earnings in this scenario, it is important to strategically plan the workweek and focus on increasing the number of customer enrollments. Here is a potential plan to maximize earnings:
1. Identify peak sales hours: Analyze the data and determine the hours or time slots when sales are most likely to occur. This could be based on historical data or observations of customer behavior. Allocate more time during these peak hours to capitalize on potential sales opportunities.
2. Set ambitious goals: Aim to achieve or exceed the performance of top performers by setting ambitious sales goals. This mindset will drive motivation and focus throughout the workweek.
3. Allocate more time during high-performance hours: Dedicate a larger portion of the workweek to the hours when top performers make one sale per hour. By increasing the number of hours during these periods, there is a higher likelihood of securing more customer enrollments.
4. Continuous improvement: Regularly analyze and reflect on sales techniques and strategies. Identify areas for improvement and seek ways to refine your approach. This could involve studying successful sales tactics, attending sales training sessions, or seeking feedback from experienced colleagues or mentors.
5. Efficient time management: Optimize time management skills to ensure productivity during working hours. Eliminate distractions, prioritize tasks, and maintain a focused and organized work environment. This will help maximize the number of customer interactions and increase the chances of securing enrollments.
6. Develop strong customer relationships: Emphasize building rapport and establishing strong connections with potential customers. Focus on active listening, understanding their needs, and providing personalized solutions. By developing trust and fostering positive relationships, the likelihood of successful enrollments can increase.
7. Continuous learning: Stay updated on industry trends, product knowledge, and competitor offerings. This will enable you to effectively address customer inquiries, overcome objections, and provide value-added insights during sales interactions.
By implementing these strategies, planning the workweek to prioritize peak sales hours, setting ambitious goals, improving sales techniques, and managing time efficiently, you can increase the likelihood of maximizing earnings by securing a higher number of customer enrollments.
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I. the European Union
II. ASEAN
III. OPEC
IV. NAFTA
People who support free trade would MOST LIKELY support the efforts of which of these organizations?
A)
I and IV only
B)
II and IV only
C)
I, II, and IV only
D)
I, III, and IV only
Answer:
C). I, II, and IV only
Explanation:
The Association of Southeast Asian Nations (ASEAN), the European Union (EU), and the North American Free Trade Agreement (NAFTA) are bodies that promote trade and economic cooperation among member countries. They are treaties that aim are accelerating economic and social integration by eliminating or minimizing restrictions on the movement of people and commodities across borders.
Opec is an association of oil-producing countries. Its objective is to have similar oil policies in member countries. Opec is a cartel-like group that aims at controlling international oil prices.
A partnership begins its first year with the following capital balances: Alfred, Capital $ 48,000 Bernard, Capital 58,000 Collins, Capital 68,000 The articles of partnership stipulate that profits and losses be assigned in the following manner: Each partner is allocated interest equal to 10 percent of the beginning capital balance. Bernard is allocated compensation of $16,000 per year. Any remaining profits and losses are allocated on a 3:3:4 basis, respectively. Each partner is allowed to withdraw up to $4,000 cash per year. Assuming that the net income is $58,000 and that each partner withdraws the maximum amount allowed, what is the balance in Collins capital account at the end of that year
Answer:
The balance in Collins capital account at the end of that year is:
$80,640.
Explanation:
a) Data and Calculations:
Alfred Bernard Collins Total
Capital balances $48,000 $58,000 $68,000 $174,000
Profit sharing: $58,000
Interest on capital (10%) $4,800 $5,800 $6,800 ($17,400)
Compensation 16,000 ($16,000)
Allocation of balance 7,380 7,380 9,840 ($24,600)
Drawings (4,000) (4,000) (4,000) ($12,000)
Balances $56,180 $83,180 $80,640
what do you consider to be the primary ethical, social, and political issues regarding information system quality?
the standard time required per unit of a product is 20 minutes. in a day of 8 working hours a worker gives an output of 30 units. if he gets a time rate of ` 20 per hour his total earning under halsey bonus scheme is
The bonus earned by the worker would be 30% of 2 hours, which is equal to 0.3 * 2 * $20 = $12.
The Halsey bonus scheme is a productivity-based incentive system that provides workers with a bonus based on the time saved in completing their assigned tasks. Under the Halsey bonus scheme, the worker receives a percentage of the time saved as a bonus.
In this scenario, the standard time required per unit of a product is 20 minutes, which is equivalent to 1/3 of an hour (20/60). The worker is able to produce 30 units in a day of 8 working hours, which means the total time taken for production is 30 units * 1/3 hour per unit = 10 hours.
Since the worker works for 8 hours in a day, the time saved is 10 hours - 8 hours = 2 hours. According to the Halsey bonus scheme, the worker is entitled to a percentage of the time saved as a bonus. The Halsey system typically allocates 30% of the time saved as a bonus.
Therefore, the bonus earned by the worker would be 30% of 2 hours, which is equal to 0.3 * 2 * $20 = $12.
In summary, under the Halsey bonus scheme, the worker's total earning would include the regular wages for 8 hours of work, which is 8 * $20 = $160, along with the bonus earned, which is $12. Hence, the worker's total earning under the Halsey bonus scheme would be $160 + $12 = $172.
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suggest solution to retain strong relationship between producers and consumers in Tanzania.
It should be noted that in order to improve the customer relationship, one should encourage feedback.
Having a good customer relationship is important for the growth and the development of the business. It also aids profitablity.
This can be done by encouraging feedback, meeting the needs of the consumers and producing good, quality products.
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Assignment
write a letter of Complain about
your dissatisfaction on the product
you consume
Answer:
Explanation:
[Your Address]
[Your City, State, Zip Code]
[Date]
[Name of Contact Person]
[Title]
[Company Name]
[Street Address]
[City, State, Zip Code]
Dear [Contact Person]:
On [date], I bought [or had repaired] a [name of the product with the serial or model number or service performed]. I made this purchase at [location, date, and other important details of the transaction].
Unfortunately, your product has not performed well [or the service was inadequate] because [state the problem].
To resolve the problem, I would appreciate your [state the specific action you want]. Enclosed are copies [copies, not originals] of my records [receipts, guarantees, warranties, cancelled checks, contracts, model and serial numbers, and any other documents] concerning this purchase/repair.
I look forward to your reply and a resolution to my problem. I will wait [set a time limit] before seeking third-party assistance. Please contact me at the above address or by phone [home or office numbers with area codes].
Sincerely,
[Your Name]
[Account Number]
What will produce more accurate results when giving a survey?
A. Using the word "frequently" in a question
B. Creating face-to-face interviews
C. Adding boxes to check for answers
D. Creating an open questions
Answer:
Option B; Creating face-to-face interviews
Explanation:
Research has shown that face-to-face interviews tend to produce more accurate results when giving a survey. So the correct answer is option B.
Which of these statements is true about the drug utilization management (UM) rules?
Answer: Prior authorization quantity limit and step therapy are some examples of the coverage rules
Explanation:
The statement 'prior authorization, quantity limit, and step therapy are some examples of the coverage rules" is true. Drug utilization management (DUR) is a set of methods used to ensure the appropriate use of medications.
These methods can include prior authorization, quantity limits, and step therapy.
Prior authorization is a process where a health plan requires the prescriber to obtain approval from the plan before a medication can be dispensed. This is typically used for high-cost or high-risk medications.
Quantity limits are restrictions on the amount of medication that a patient can receive in a given period of time. This is typically used to prevent patients from stockpiling medications or using them for purposes other than what they are intended for.
Step therapy is a process where a patient must try one or more less expensive or less invasive treatments before they can be prescribed a more expensive or more invasive treatment. This is typically used to ensure that patients are only using the most appropriate treatment for their condition.
The UN does not have specific rules on DUR, but many countries have their own regulations. These regulations are designed to ensure that patients have access to safe and effective medications, while also preventing the misuse of medications.
Therefore, the given statement is true.
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Your question is incomplete, most probably the complete question is :
The statement is about the drug utilization management UN rules. true or false?
prior authorization quantity limit and step therapy are some examples of the coverage rules
Describe the procedure of preparing vision and mission statement of an organisation
Pamper Me Salon Inc.’s general ledger at April 30, 2017, included the following: Cash $5,000, Supplies $500, Equipment $24,000, Accounts Payable $2,100, Notes Payable $10,000, Unearned Service Revenue (from gift certif cates) $1,000, Common Stock $5,000, and Retained Earnings $11,400. The following events and transactions occurred during May
May 1 Paid rent for the month of May $1,000.
4 Paid $1,100 of the account payable at April 30.
7 Issued gift certif cates for future services for $1,500 cash.
8 Received $1,200 cash from customers for services performed.
14 Paid $1,200 in salaries to employees.
15 Received $800 in cash from customers for services performed.
15 Customers receiving services worth $700 used gift certif cates in payment.
21 Paid the remaining accounts payable from April 30.
22 Received $1,000 in cash from customers for services performed.
22 Purchased supplies of $700 on account. All of these were used during the
month.
25 Received a bill for advertising for $500. This bill is due on June 13.
25 Received and paid a utilities bill for $400.
29 Received $1,700 in cash from customers for services performed.
29 Customers receiving services worth $600 used gift certif cates in payment.
31 Interest of $50 was paid on the note payable.
31 Paid $1,200 in salaries to employees.
31 Paid income tax payment for the month $150.
Instructions
(a) Using T-accounts, enter the beginning balances in the general ledger as of April 30,
2017.
(b) Journalize the May transactions.
(c) Post the May journal entries to the general ledger.
(d) Prepare a trial balance on May 31, 2017.
The beginning balances should be entered in the general ledger as of April 30, 2017, as
follows:
A. Beg. Bal
Supplies
(Beg. Bal 500]
Equipment,
[Beg.Bal___ 24000]
‘Accounts Payable
72100 Beg. Bal
Notes Payable
110000 Beg. Bal
neared Service Revenue
1000 Beg. Bal
Common Stock
‘5000 Beg. Bal
Retained Earnings
11400 Beg. Bal
D.
Prepare the trial balance as follows:
PM Salonine.
Trial Balance
As on May 31, 2017
Account Titles Debit ($) Credit ($)
Cash 5100
Supplies 1200
Equipment 24000
‘Accounts Payable 1200
Unearned Service Revenue 1200
Notes Payable 10000
Common Stock 5000
Retained Earnings 11400
Service Revenue 6000
Salaries Expense 2400
Rent Expense 1000
Advertising Expense 500
Utilities Expense 400
Interest Expense 50
Income Tax Expense 150
Total 34800-34800
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