Adventure Travel has an Adjusted Trial Balance for Year Ended December 31, 20XX with the following account balances:

DEBITS: Cash: 25,000; Accounts Receivable: 15,000; Office Supplies: 4,300; Office Equipment: 29,600

CREDITS: Accumulated depreciation - office equipment: 5,000; Salaries Payable: 2,800; Long-term notes payable: 22,200; Common Stock: 20,000; Retained Earnings: 10,260

DEBIT: Cash Dividends: 1,000

CREDITS: Fees Earned: 75,000

DEBITS: Salaries Expense: 32,800; Rent Expense: 16,800; Depreciation expense - office equipment: 3,960; Advertising expense: 4,000; Office supplies expense: 2,800.

Total Debits = 135,260; Total Credits = 135,260

You have prepared the Income Statement and the Statement of Retained Earnings, now it is time to prepare the Classified Balance Sheet.

What amount do you report for Total Equity? Specify as a whole number.

Answers

Answer 1

The total equity of the company for  the year ended is $43,900

What is net income?

The net income is the excess of fees earned by Adventure Travel  in the year ended  over its total expenses, in essence, we need to determine its total expenses first and foremost, which comprises of salaries expense, rent expense, depreciation expense, advertising expense and office supplies expense

total expenses=32,800+16,800+3960+4000+2800

total expenses=60,360

fees earned=75,000

net income =fees earned-total expenses

net income=75,000-60,360

net income=$14,640

Now the closing retained earnings comprises of beginning retained earnings plus the net income minus the cash dividends paid

Retained earnings=$14,640+$ 10,260-$1,000

Retained earnings=$23,900

Having determined the retained earnings closing balance, the total equity , common stock plus the closing balance of retained earnings

Total equity=$20,000+$23,900

Total equity=$43,900

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Related Questions

9(3.2)^2+4x-11 how to solve

Answers

The solution of the given linear equation is (103.16 + 4x).

What is  meant by linear equation?Linear equations are degree 1 equations. It is the straight line equation. The standard linear equation is ax+by+c =0, where a and b are both are not zero. There are only 1 or 2 two variables in a linear equation. In a linear equation, no variable is raised to a power greater than just one or is employed as the denominator of such a fraction. When you find two values that satisfy a linear equation and plot them on a coordinate grid, each of the points fall on the same line.

The given equation is;

= 9(3.2)² + 4x - 11

For finding (3.2)² = 3.2×3.2

(3.2)² = 10.24

Put the value in equation;

= 9×10.24  + 4x - 11

Multiply 9×10.24 = 92.16

Put the value;

= 92.16 + 4x + 11

Now, add the constant value

= (92.16 + 11) + 4x

= 103.16 + 4x

As, 4x is a variable part, it will not get added to the constant 103.16.

Thus, the solution of the equation is  103.16 + 4x.

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How do I factor 5X = 3(X+6)

Answers

Answer:

Step-by-step explanation: 5x=3(x+6)

5x=3x+18

5x-2x=18

3x=18

x=18/3

x=6

Susan gives five dollars to Joe if Susan started with $18 how much money does she have left

Answers

Susan started with $18 and gave Joe $5:

$18-$5=$13

Susan has $13 left.

At a basketball game, 54% of people attending were supporting the home team, while 46% were supporting the visiting team. If 1566 people attending the game supported the home team, what was the total number of people attending the game? HELPP FASTT

Answers

1566= 54%
1566/54=29
1%=29 people
29 x 46 = 1334
1334 + 1566 = 2900

Mark and Heather Starr are celebrating their 25th anniversary by having a reception at a local reception hall. They have budgeted $3,500 for their reception. If the reception hall charges a $50 cleanup fee plus $30 per person, find the greatest number of people that they may invite and still stay within their budget

Answers

The number of people, that can be invited will be 56 people.

Need to find the value of x

Answers

X=2 because (10x-14)=(7x-8)

Can someone please help me :(?

Simplify and combine like
terms:
-2 x+14-20-8x

Answers

Answer:

-10x-6

Step-by-step explanation:

and simplify and add

The difference between the square of c and the total of c and 14

Answers

The given statement written as a mathematical expression is c² - c + 14

Writing an expression

From the question, we are to write the given statement as a mathematical expression

The given statement is

"The difference between the square of c and the total of c and 14"

The square of c is

and

The total of c and 14 is
c + 14

Thus,

The statement becomes

c² - c + 14

Hence, the given statement written as a mathematical expression is c² - c + 14

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what is the answer to this-0.8x+40-8x-35

Answers

Answer:

  -8.8x +5

Step-by-step explanation:

You want to simplify the expression -0.8x+40-8x-35.

Like terms

The expression is simplified by combining like terms. Like terms have the same (set of) variables.

  -0.8x +40 -8x -35

  = -0.8x -8x +40 -35 . . . . . . group like terms

  = (-0.8 -8)x +(40 -35)

  = -8.8x +5

-2(x-5)+10=-3(x+2)+x

Answers

Answer:-26

Step-by-step explanation:

-2+10+10=-3(x+2)+x=-26 np

Given g(x)=-4x-4g(x)=−4x−4, find g(-2)g(−2)

Answers

Answer:g(x) = -4x - 4g(-2) = -4(-2) - 48 - 4g(-2) = 4 Ans.

Zodwa, the operations manager of a large production plant would like to estimate the mean
amount of time a worker takes to assemble a new electronic component. Assume that the standard
deviation of this assembly time is 3.6 minutes.
3.1.1. After observing 120 workers assembling similar devices, Zodwa noticed that their
average time was 16.2 minutes. Construct a 92% confidence interval for the mean
assembly time. (9)

Answers

The confidence interval for the mean assembly time is [15.625, 16.775].

The mean (x) time of the workers to assemble similar devices is 16.2 minutes.The standard deviation (σ) of this assembly time is 3.6 minutes.The sample size (n) for observation is 120 workers.It is given that the confidence level is 92%.At α = 0.08, the critical value (z) is 1.751.The confidence interval for the mean assembly time is [x ± z(σ/√n)].The confidence interval for the mean assembly time is [16.2 ± 1.751(3.6/√120)].The confidence interval for the mean assembly time is [16.2 ± 1.751(3.6/10.954)].The confidence interval for the mean assembly time is [16.2 ± 1.751(0.329)].The confidence interval for the mean assembly time is [16.2 ± 0.575].The confidence interval for the mean assembly time is [15.625, 16.775].

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Tyler Tooling Company uses a job order cost system with overhead applied to products on the basis of machine hours. For the upcoming year, the company estimated its total manufacturing overhead cost at $420,000 and total machine hours at 60,000. During the first month of operations, the company worked on three jobs and recorded the following actual direct materials cost, direct labor cost, and machine hours for each job:

Job 101 Job 102 Job 103 Total
Direct materials used $ 19,200 $ 14,400 $ 9,600 $ 43,200
Direct labor $ 28,800 $ 11,200 $ 9,600 $ 49,600
Machine hours 1,000 4,000 2,000 7,000

Job 101 was completed and sold for $60,000.

Job 102 was completed but not sold.

Job 103 is still in process.

Actual overhead costs recorded during the first month of operations totaled $45,000.

Required:
Prepare a journal entry showing the transfer of Job 102 into Finished Goods Inventory upon its completion.
Prepare the journal entries to recognize the sales revenue and cost of goods sold for Job 101.
Prepare the journal entry to transfer the balance of the Manufacturing Overhead account to Cost of Goods Sold

Answers

1. The journal entry to show the transfer of Job 102 into Finished Goods Inventory after its completion is as follows:

Journal Entry:

Debit Finished Goods $53,600

Credit Work in Process: Job 102 $53,600

2. The journal entries to recognize the sales revenue and cost of goods sold for Job 202 are as follows:

Journal Entries:

Debit Cash/Accounts Receivable $60,000

Credit Sales Revenue $60,000

Debit Cost of goods sold $55,000

Credit Finished Goods Inventory $55,000

3. The journal entry to transfer the balance of the Manufacturing Overhead account to the Cost of Goods Sold account is as follows:

Journal Entry:

Debit Manufacturing Overhead $4,000

Credit Cost of Goods Sold $4,000

Data and Calculations:

Estimated total manufacturing overhead = $420,000

Estimated total machine hours = 60,000 hours

Predetermined overhead rate = $7 ($420,000/60,000)

                                            Job 101     Job 102          Job 103         Total

Direct materials used       $ 19,200    $ 14,400       $ 9,600     $ 43,200

Direct labor                      $ 28,800     $ 11,200       $ 9,600     $ 49,600

Applied overhead              $7,000     $28,000      $14,000      $49,000

Total costs                       $55,000     $53,600      $33,200     $141,800

Machine hours             1,000 hours   4,000 hours 2,000 hours 7,000 hrs

Status of Jobs                   Sold             Finished      WIP

Sales revenue (Job 101) = $60,000

Manufacturing Overhead Account:

Actual overhead costs for the first month = $45,000

Applied overhead for the first month = $49,000 ($7 x 7,000)

Overapplied overhead = $4,000 ($49,000 - $45,000)

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The area of a right triangle is 5 in 2. If the length of a leg is x, write the function h(x) that describes the length of the hypotenuse.

Answers

The length of the hypotenuse is given by the function h(x) = √[x² + (10/x)²]

What is an equation?

An equation is an expression that shows the relationship between two or more numbers and variables.

The area of the right triangle is 5 in², the length of the leg is x, hence:

Area = (1/2) * base * height

5 = (1/2) * x * height

height = 10/x

hypotenuse = √[(leg)² + (height)²]

h(x) = √[x² + (10/x)²]

The length of the hypotenuse is given by the function h(x) = √[x² + (10/x)²]

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The sidewalk around a lake is 9/10 mile long. You walk 3 laps Around the lake in the morning and 2 laps in the evening. Your friend walks the same total distance as you on a 1 1/2 mile track. How many laps does your friend walks?

Answers

The total laps your friend runs is 3.

How many laps does your friend run?

A fraction is a non-integer that is made up of a numerator and a denominator. The numerator is the number above and the denominator is the number below.

A proper fraction is a fraction where the numerator is less than the denominator. A mixed fraction is a fraction that is made up of a whole number and a proper fraction.

The first step is to determine the total miles you run

Total miles run  = length of the side walk x total number of laps

9/10 x (3 + 2)

9/10 x 5 = 45 / 10 = 4.5 miles

The second step is to determine the total number of laps she runs:

4.5 miles / 1 1/2 miles

4.5 / 1.5 = 3 laps

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Question 7
1 pt:
By January 2014, the US population had grown to 317.3 million
and the US Federal Debt was a reported $17.3 trillion. Calculate
the beginning-2014 Federal Debt per capita.
Express your answer rounded correctly to the nearest dollar.
Remember, do not include units with your answer!

Answers

In January 2014, the debt per capita was: = $54,522.53.

What is debt per capita?

Net debt per capita is simply the total debt of a country or even other jurisdiction divided by the residents residing there. Net debt per capita can provide insight into how leveraged a government is.

How much debt is considered normal?

The average American has $92,727 in consumer debt, according to 2020 Experian research. Consumer debt encompasses a wide range of personal credit accounts, including credit cards, auto loans, mortgage, and personal loans, including school loans.

According to the given data:

Population = 317.3 million.

US Federal Debt was a reported  = $17.3 trillion.

Federal Debt per capita. = ?

We know that:

by adding short-term and long-term debt, deducting cash and some other liquid assets, then dividing by population.

The debt per capita in Jan 2014 was:

=1.73 x 1013 / 3.173 x 108

= $54,522.53.

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Select all the expressions that have 23 as a product.
2125×5063
78×925
130×23
325×712
2027×2730

Answers

The expression that have 23 as a product is 130×23

How to select all the expressions that have 23 as a product?

For an expression to have 23 as a product, the expression must be a multiple of 23

This is indicated by

x/23 => Integer

So, we have:

2125×5063/23 = 4677..... (false)

78×925/23 = 3136.9....(false)

130×23/23 = 130 --- true

325×712/23 = 10060.... (false)

2027×2730/23 = 240596.. (false)

Hence, the expression that have 23 as a product is 130×23

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-48.54 divided by -6

Answers

Answer:

-48.54 ÷ -6 = 8.09

so the answer is 8.09

hope this helps

What is the justification for each step in the solution of the equation?

23x−13=2(x+2)


23x−13=2(x+2) Given
2x−1=6(x+2)
2x−1=6x+12
2x=6x+13
−4x=13
x=−134

Answers

The justification for each step in the solution of the equation are as follows:

2/3x − 1/3 = 2(x + 2) -- GivenBy the multiplication property of an equation: 2x − 1 = 6(x + 2)By the distributive property of an equation: 2x − 1 = 6x + 12Collect and evaluate the like terms: 2x = 6x + 13By the subtraction property of an equation: −4x = 13By the division property of an equation: x =−13/4

How to determine the justification for each step in the solution of the equation?

The equation is given as

23x − 13 = 2(x + 2)

Based on the solutions, we can rewrite the given equation as follows

So, we have

2/3x − 1/3 = 2(x + 2)

So, the justification for each step in the solution of the equation are as follows:

2/3x − 1/3 = 2(x + 2) -- Given

By the multiplication property of an equation, we have

2x − 1 = 6(x + 2)

By the distributive property of an equation, we have

2x − 1 = 6x + 12

Next, we collect and evaluate the like terms

2x = 6x + 13

By the subtraction property of an equation, we have

−4x = 13

By the division property of an equation, we have

x =−13/4

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can someone help me with this
thanks so much for the help!

Answers

For the given graph:

domain is D: [-2, 0)range is R: [0, 2)

And yes, it is a function.

How to find the domain and range of the given function?

For a given function y = f(x), the domain is the set of the inputs (possible values of x) and the range is the set of outputs (possible values of y).

To identify the domain we need to look at the x-axis (the horizontal one)

We can see in the left side that the first value is -2, whith a closed circle, meaning that the value belongs to the domain.

The right side is x = 0, with a open circle, which means that it does not belong to the domain.

Then the domain is D: [-2, 0)

Similarly, by looking at the y-axis (vertical axis) we can find the range which is:

R: [0, 2)

Finally, how to know if this is a function?

There is something called the "vertical line test". This test says that if you can't draw a vertical line that intersects the graph in two points or more, then it is a function.

And the graph clearly meets that test, so it is a function.

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Colton bought some strings of beads. The number of strings was 10 more than the number of beads on each string. There were 119 beads in all. How many strings of beads did Colton buy?

Answers

Answer: 17 strings

Step-by-step explanation:

let the number of strings be a

let the number of beads on each string be b

a
b = 10 (first equation)
a × b = 119 (second equation)

From the first equation:

a = 10 + b

substitute first equation into second equation
b × (10 + b) = 119
10b + − 119 = 0
b = 7 or b = -17     reject -17

a − 7 = 10
a = 17


What is the slope of the line that contains these points?

Answers

Slope=5/2 I did this yesterday

Answer: Slope=5/3

Step-by-step explanation:

my teacher said

9. The graph represents the path of a football kicked by a player, where x is the horizontal
distance (in yards) and y is the height (in yards). The player kicks the ball a second time
so that it travels the same horizontal distance, but reaches a maximum height that is 6
yards greater than the maximum height of the first kick. Write a function that models
the path of the second kick.
y=-0.02(x - 30)2 + 18

Answers

The function that models the path of the second kick is y = -0.02(x - 0.30)^2 + 24

What are quadratic equations?

Quadratic equations are second-order polynomial equations and they have the form y = ax^2 + bx + c or y = a(x - h)^2 + k

How to write a function that models the path of the second kick?

The function that models the path of the first kick is given as

y = -0.02(x - 0.30)^2 + 18

A quadratic function is represented as

y = a(x - h)^2 + k

Where

Vertex = (h, k)

In this case, the interpretation of the vertex is

Vertex = (Horizontal distance, Maximum height)

Using the above as a guide, we have

Vertex = (30, 18)

This means that

Horizontal distance = 30

Maximum height = 18

For the second ball, we have

Same horizontal distanceMaximum height is 6 yards greater than the maximum height of the first kick

This means that

Horizontal distance = 30

Maximum height = 18 + 6

Evaluate

Horizontal distance = 30

Maximum height = 24

So, the function that models the path of the second kick is y = -0.02(x - 0.30)^2 + 24

Hence, the function that models the path of the second kick is y = -0.02(x - 0.30)^2 + 24

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Evaluate (a - 4b)2 + 2a if a = 15 and b = 3.

Answers

Answer:

9

Step-by-step explanation:

(a-b)^2=a^2-2ab+b^2

(15-12)^2=9

Answer: 96

Step-by-step explanation:

Plug in a and b. so, (15-4(3))2+2(15). so (15-12)2+30. (3)32. Answer is 96.

420 ÷ d = 30; d= 15
[tex]420 \div d = 30 \: d = 15[/tex]

Answers

The required answer for the given equation is d = 1/2, ±√14.

What is division?

The division is one of the four basic mathematical operations, the other three being addition, subtraction, and multiplication.

Now the given equation is,

420 ÷ d = 30d = 15

Now if,

30d = 15

Then divide both the side by 30 we get,

30d/30 = 15/30

Solving we get,

d = 1/2

this is the required value of d

Now if,

420 ÷ d = 30d

So simplifying it we get,

420/d = 30d

multiplying both the side by d we get,

d*420/d = 30d*d

Solving we get,

30d^2 = 420

Dividing both the side by 30 we get,

30d^2/30 = 420/30

Solving we get,

d^2 = 14

Taking square root both the side we get,

√d^2 = √14

Solving we get,

d = ±√14
this is the required value of d.

Thus, the required answer for the given equation is d = 1/2, ±√14.

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Solve for x then give the measure of the bolded angle.

Answers

Answer:

73 - Explanation and Check below

Step-by-step explanation:

11x - 4 = 9x + 10

1. Get variable (x) on one side.

11x - 4 = 9x + 10

- 9x - 9x

2x - 4 = 10

2. Solve 2 step equation - add 4 on both sides of equation.

2x - 4 = 10

+ 4 + 4

3. Divide 2 on both sides of equation.

2x = 14

---- ----

2 2

x = 7

Check:

11 (7) - 4 = 9(7) + 10

77 - 4 = 63 + 10

73 = 73 True statement.

Explanation:

If a transversal intersects two parallel lines, the corresponding angles will be always equal.

So in the problem, the two given equations are equal to each other.

The answer for the two angles with equations is 73.

Also, the angles vertical to the two equations are also 73 because vertical angles are congruent (equal).

Hope this helps :)

5 2/3 + 29/69 + 6 21/23

Answers

Answer:13

Step-by-step explanation:

Answer:

13

Step-by-step explanation:

i hope it's helpful for you

Write and post THREE word problems that are JWU college-related and that translate to one-variable linear equations.

Answers

The three questions mentioned above which translated to one variable linear equation.


Problem first,
The rank of a student is 5 more than the other, Sum of their rank is 7
The solution, rank of student be x
            rank of another student = x + 5
          According to the question,
          x + x + 5 = 7
              2x = 2
                 x = 1

Problem second.
A student has 2 pens less than their friend, the sum of their pens is 6
Solution-
               let the student has x pens
               His friends have = x + 2 pens
               Now. total = x + x + 2
                             6 = 2x + 2
                             x = 2

Problem third,
Ashwin is 2 times older than his friend and his friend's age is 24 what is the age of Ashwin,
Solution,
             Let the age of Ashwin be x
                according to question
                    x = 24 + 2
                     x = 26

Thus, the three questions mentioned above which translated to one variable linear equation.



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evaluate -4 - 5+4+(-5)

Answers

Using BODMAS
We open the bracket so it becomes -4-5+4-5
-4-1-5
=-10

i know how to do a and c, but how do i do b)?

Answers

Answer:  0

Explanation:

Start at -1 on the x axis number line. Then move vertically until reaching the function curve. You should arrive at (-1,2). This tells us that g(-1) = 2. In other words, the input x = -1 leads to the output y = 2.

Follow similar steps to find that g(1) = -2

Therefore, g(-1)+g(1) = 2 + (-2) = 0

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