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 just determined Net Income for Adventure Travel in the previous question. Now, you must prepare the Statement of Retained Earnings.

What is the Retained Earnings Balance as of the Ending of the Year, December 31, 20XX? Specify whole number.

Answers

Answer 1

The Retained Earnings Balance as of the Ending of the Year, December 31, 20XX is $23,900

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

Find out  more about net income on:brainly.com/question/1347024

#SPJ1


Related Questions

During the first seconds after takeoff, a rocket traveled 208 kilometers in 50 minutes at a constant rate. Suppose a penny is dropped from a skyscraper and could travel 153 kilometers in
1
2
hour at a constant rate. Which of these objects has a faster unit rate per hour? How much faster?



The , 1 of 2.
Select Choice
has a faster unit rate per hour. It travels about , 2 of 2.
Select Choice
kilometers per hour faster.

Answers

Using the relation between velocity, distance and time, it is found that the penny has a faster unit rate per hour. It travels about 56.4 kilometers per hour faster.

What is the relation between velocity, distance and time?

Velocity is distance divided by time, that is:

v = d/t.

The rocket traveled 208 kilometers in 50 minutes = 5/6 of an hour, hence it's velocity, which is the unit rate, is given by:

v = 208/(5/6) = 208 x 6/5 = 249.6 km/hour.

The penny travels 153 kilometers in a half an hour, hence it's velocity is given by:

v = 153/0.5 = 306.

306 > 249.6, 306 - 249.6 = 56.4, hence:

The penny has a faster unit rate per hour. It travels about 56.4 kilometers per hour faster.

More can be learned about the relation between velocity, distance and time at https://brainly.com/question/24316569

#SPJ1

Question 10a
Fred and Nancy had dinner at a French restaurant. The cost of all their food, without
tax, was $62. The meal tax imposed by the state is 0.06 times the bill. How much was
the total bill, including tax?

Answers

Answer:65.72

Step-by-step explanation: first you multiply 62 x 0.06 which is 3.72  and you add 3.72 to 62 which is 65.72

GRAPH NUMBERS ON A NUMBER LINE
Identify the point on the number line that matches each number.
30. - 0.5
31.2.5
32.-3
A.
B с D
+
-3 -2 -1
А
0
E
1 2 3

Answers

Answer:

W2z

Step-by-step explanation:

becuase

About 365 kg paper can be made from a single
tree. A ream (500 sheets) of paper weighs about
2.3 kg.
(a) How many sheets of paper can a single tree
be made into?

Answers

Answer:

A single tree can be made into 730 sheets of paper.

Step-by-step explanation:

Give me Brainliest if that helped! :)

[tex]\int\limits {\frac{2x^7}{x^4+4}} \, dx[/tex]

Answers

[tex]\displaystyle \int \frac{2x^7}{x^4 + 4} \, dx[/tex]

Let [tex]u=x^4 + 4[/tex] and [tex]du=4x^3\,dx[/tex]. Then

[tex]\displaystyle \int \frac{2x^7}{x^4 + 4} \, dx = \frac14 \int \frac{2(u-4)}u \, du \\\\ ~~~~~~~~ = \frac12 \int \left(1 - \frac4u\right) \, dx \\\\ ~~~~~~~~ = \frac12 \left(u - 4\ln|u|\right) + C \\\\ ~~~~~~~~ = \frac12 \left(x^4 +4 - 4\ln\left|x^4+4\right|\right) + C \\\\ ~~~~~~~~ = \boxed{\frac{x^4}2 - \ln\left(x^4+4\right)^2 + C}[/tex]

The phone company Ringular has a monthly cellular plan where a customer pays a flat monthly fee and then a certain amount of money per minute used on the phone. If a customer uses 370 minutes, the monthly cost will be $76. If the customer uses 750 minutes, the monthly cost will be $114.

A) Find an equation in the form
y
=
m
x
+
b
,
where
x
is the number of monthly minutes used and
y
is the total monthly of the Ringular plan.

Answers

Answer:: y = ([tex]\frac{1}{10}[/tex])x +39

The phone company Ringular has a monthly cellular plan where a customer pays a flat monthly fee and then a certain amount of money per minute used on the phone. If a customer uses 370 minutes, the monthly cost will be $76. If the customer uses 750 minutes, the monthly cost will be $114.

(370,76) and (750,114)

A) Find an equation in the form y=mx+b, where x is the number of monthly minutes used and y is the total months of the Regular plan.

slope =[tex]\frac{(114-76}{(750-370)}[/tex] = [tex]\frac{38}{380}[/tex] = [tex]\frac{1}{10}[/tex]√

y = MX + b

Solve for "b"

114 = (    [tex]\frac{1}{10}[/tex])750 + b

114 = 75 + b

b = 39

Answer:: y = ([tex]\frac{1}{10}[/tex])x +39

Customers and customers may or may not be the same thing, but they are two different things. A customer uses the products that a customer has purchased. An ultimate client could also be a consumer, but they might also have bought things for someone else to consume. A middle customer is not at all a consumer. The situation is rather convoluted because final consumers of so-called industrial goods and services are theoretically also consumers because they either consume the goods and services individually or incorporate them into other finished products. They are more frequently referred to as industrial customer or business-to-business customers instead. Similar to how few people refer to clients who purchase services as consumers

To learn more about Customers the given the link :

brainly.com/question/13472502

#SPJ9

What is the purpose of a compass? Select all that apply.
*
It draws circles.
It is a handy hole punch.
It measures a set distance once locked in place.
It measures the degrees of an angle.

Answers

It measures the degrees of an angle

issac and his friends pitched 4 trekker tents in 60 minutes on a camping site. how long will they take to pitch 5 tents?

Answers

Answer:  75

Step-By-Step Explanation. 60 / 4 = 15, it takes 15 minutes for each tent.

15 x 5 = 75

so it takes them 75 minutes to do 5 tent

tell me if i'm wrong and if so tell me what the right answer was have a nice day

At Jackson High School, the ratio of teachers to students is 1 to 40. Which of the following could be the total number of teachers and students in this schol

Answers

The option that could be the total number of teachers and students in this school is C. 496.

How to calculate the value?

It should be noted that from the information given, at Jackson High School, the ratio of teachers to students is 1 to 40.

In this case, based on the information, the option that illustrates the information will be 496.

In this case, 12 + 480 = 496

It should be noted that 12/480 = 1/40. This illustrates the ratio 1:40.

Therefore, the correct option is C.

Learn more about ratio on:

brainly.com/question/2328454

#SPJ1

At Jackson High School, the ratio of teachers to students is 1 to 40. Which of the following could be the total number of teachers and students in this school?

240

520

496

88

A train travels 900 miles in 9 hours. How long
will it take the train to travel 1150 miles?

Answers

Answer:

11.5 [h].

Step-by-step explanation:

1) if the unknown time is 't', then

2) it is possible to make up the equation:

[tex]\frac{900}{9} =\frac{1150}{t};[/tex]

3) if to solve this equation, then t is:

t=1150*9/900=1150/100=11.5 [hours].

Find the value of x.
26
X
X
x = [?]°

Answers

Answer:

x=77° each

Step-by-step explanation:

180-26=154°

154÷2=77°

x=77° each

hope that helpes

Simplify the expression by first substituting values from the table of exact values and then simplifying the resulting expression. Answer exactly. 4 sin 30 ∘ =

Answers

The expression is simplified to 2

How to determine the value

It is important to note that the table of exact values for trigonometric identity differ with the particular identity in study.

From the table of exact values, we have that;

sin 15 = 0. 25

sin 30 = 0. 5000

sin 45 = 0. 7071

sin 60 = 0. 8600

sin 75 = 0. 9659

sin 90 = 1

To determine the value of the expression, we have to substitute the value of sin 30 as 0. 5000

4 sin 30°

⇒ 4 × 0. 5000

multiply through

⇒ 2

The value determined is 2

Thus, the expression is simplified to 2

Learn more about trigonometric identity here:

https://brainly.com/question/7331447

#arSPJ1

Who can help me X/x+5=6/x

Answers

Answer:

X=6x+30/x

Step-by-step explanation:

just simplify

Answer:

x = 3 ± √(39)

Step-by-step explanation:

x            6

-----   = -------

(x+5)      x

We can solve using cross products

x * x = 6(x+5)

x^2 = 6x+30

Subtract 6x from each side

x^2 -6x= 6x+30-6x

x^2 -6x= 30

Subtract 30 from each side

x^2 -6x -30 = 30-30

x^2 -6x -30 =0

Using the quadratic formula

x = -b ± √(b^2 -4ac)

     -------------------------

                2a

where  a=1  b = -6  and c = -30

x = -(-6) ± √((-6)^2 -4(1)(-30))

     -------------------------

                2(1)

x = 6 ± √(36 +120)

     -------------------------

                2

x = 6 ± √(156)

     -------------------------

               2

x = 6 ± √(4*39)

     -------------------------

                2

x = 6 ± 2√(39)

     -------------------------

                2

x = 3 ± √(39)

     

How do I answer this?

Answers

Answer:

1 = 73°
2 = 58°
3 = 107°
4 = 49°
5 = 131°

Stage 1: Cartesian Plane INFORMATION: A Cartesian Plane is used for sketching Graphs as well as to perform transformations. 1.1 Describe the features of a Cartesian Plane in terms of its axes, the direction of the axes and its centre.​

Answers

A cartesian plane is a plane with two axes namely x axis and y axis.

A Cartesian plane is a graph with one x-axis and one y-axis and thus is also sometimes known as a x y graph.

These two axes are perpendicular to each other that is they form an angle of 90° with each other.

The origin (O) is in the exact center of the graph and is the point where the two axes intersect.

Numbers to the right of the zero on the x-axis are positive and the numbers to the left of zero are negative. ( as the case in number line as well)

Similarly, the number on the top of the center on y axis are positive and the numbers below are negative.

It can be used to represent any 2 D figure.

Therefore, a cartesian plane is a plane with two axes namely x axis and y axis.

Learn more about Cartesian plane here:

https://brainly.com/question/11337174

#SPJ9

Describe the transformation required to obtain the graph of the function f(x) from the graph of the function G(x) f(x)=cos x/3; g(x)=cos x

Answers

The transformation required to obtain the graph of the function f(x) from the graph of the function g(x) is by stretching the function g(x) horizontally by 3.

What is Transformation of Functions?

When a function is transformed, the curve that represents the graph either "moves to the left/right/up/down," "it expands or compresses," or "it reflects." By moving, extending, compressing, or reflecting the curve rather than directly graphing the function from scratch, function transformations are particularly useful for graphing the functions.

Given:

[tex]f(x) =[/tex] [tex]cos(\frac{x}{3} )[/tex]

[tex]g(x) = cos x[/tex]

As g(x) is the parent function of f(x)

⇒ [tex]f(x) = g( \frac{x}{3})[/tex]

given function [tex]g(x) = cos x[/tex]

Substituting the value of x as [tex]\frac{x}{3}[/tex]

we get,

⇒ [tex]g(\frac{x}{3} ) = cos (\frac{x}{3} )[/tex]

Therefore, the transformation required to obtain the graph of the function f(x) from the graph of the function g(x) is by stretching the function g(x) horizontally by 3.

To know more about the Transformation of Functions visit:

https://brainly.com/question/10059147

#SPJ9

The supply and demand for a product are given by
2p − q = 60 and pq = 100 + 25q,
respectively. Find the market equilibrium point

Answers

The market equilibrium point will be at a price of 70 and the quantity of 80.

How to calculate the equilibrium?

From the information, the supply and demand for a product are given by 2p − q = 60 and pq = 100 + 25q.

From 2p − q = 60

q = 2p - 60

Substituting this in pq = 100 + 25q.

p(2p - 60) = 100 + 25(2p - 60)

2p² - 70p = 100 + 50p - 1500

2p² - 70p - 50p - 100 + 1500 = 0

2p² - 120p + 1400 = 0

Divide through by 2

p² - 60p + 700 = 0

p² - 70p + 10p - 700 = 0

p(p - 70) + 10(p - 70) = 0

p - 70 = 0

p = 0 + 70 = 70

Since 2p − q = 60

2(70) - q = 60

140 - q = 60

q= 140 - 60 = 80

Therefore, the market equilibrium point will be at a price of 70 and the quantity of 80.

Learn more about equilibrium on:

brainly.com/question/517289

#SPJ1

Apply 2-point rubric
1. Sandy earns $9.00 per hour working at a department store. If she works
for 6 2/5 hours, how much money will Sandy earn? Show your work.

Answers

55.08
6x9.00 an hour gives 54 then you find how much time 2/5 of an hour is 12 mins then all you do is multiply 9.00x6.12= 55.08

3.875 divded by 8 and 46.96 divded by 15

Answers

Answer: 3.6150416666

Step-by-step explanation: Please brainiest

Answer:

3.875 ÷ 8 = 0.484375

46.96 ÷ 15 = 3.1306666667

Hope this helps :)

A fair spinner is used with four equal sections numbered 1,2,3,4. Assume that the pointer cannot land on a line. But the spinner is spun only once. Determine the probability. P(2 or even)

Answers

Probability of getting a 2 or even(4) is expected outcomes divided by total outcomes(4). The answer is P(2 or even)= 2/4 = 1/2.

A fair spinner is used with four equal sections numbered 1,2,3,4.

Probability is simply how likely something is to happen. Whenever we’re unsure about the outcome of an event, we can talk about the probabilities of certain outcomes—how likely they are. The analysis of events governed by probability is called statistics. Probability of an Event. Assume an event E can occur in r ways out of a sum of n probable or possible equally likely ways. Then the probability of happening of the event or its success is expressed as; P(E) = r/n. The probability that the event will not occur or known as its failure is expressed as: P(E’) = (n-r)/n = 1-(r/n).

P(2) = expected outcomes/total number of outcomes

=> 1/4

P( even:4) = 1/4

So; P(2 or even)= 1/4 + 1/4 = 2/4 or 1/2

To learn more about probability visit:

brainly.com/question/14210034

#SPJ1

Answer:

Expected results are divided by total outcomes to determine the probability of getting a 2 or even (4). (4). P(2 or even) = 2/4 = 1/2 is the response.

Step-by-step explanation:

There are four equal portions on a fair spinner, designated 1, 2, 3, and 4.

Simply put, probability is the likelihood that something will occur. When we don't know how an event will turn out, we can discuss the likelihood or likelihood of several outcomes. Statistics is the study of events that follow a probability distribution. the likelihood of an event. Assume that there are n probable or plausible equally likely ways for an event E to occur. Then, P(E) = r/n is used to represent the likelihood that the event will occur or that it will be successful. P(E') = (n-r)/n = 1-(r/n) denotes the chance that the event will not occur, also known as its failure.

P(2) = expected outcomes/total number of outcomes

=> 1/4

P( even:4) = 1/4

So; P(2 or even)= 1/4 + 1/4 = 2/4 or 1/2

Help help i need help asp please i do not understand it see photo please

Answers

Answer is commutative property of multiplication

The greatest amount of rainfull is time as great as the least amount of rainfull

Answers

Answer:

16 times

Step-by-step explanation:

The question is asking :

what number multiplied by the least amount would give me the greatest amount?? Let that number be x, so we can say:

least amount * x = greatest amount

From the plot, we can see that the least amount is 1/8 inches

The greatest amount is 2 inches now we can put it into the formula and find x:

1/8 * x = 2

x = 2/(1/8)

x = 16

Pls answer this I will mark the brainliest

need solution

A basket of fruits, which is on a top of a 1.5m high table has a GPE of 44.12. What is the mass of the basket of fruits?​​​​

Answers

Answer:

3.00 kg (2 d.p.)

Step-by-step explanation:

Gravitational Potential Energy (GPE):  Energy stored in a mass due to its position.  The amount of GPE an object has depends on its mass and its    height above the ground.

[tex]\large\boxed{\textsf{GPE}=mgh}[/tex]

where:

GPE = gravitational potential energy in joules (J).m = mass in kilograms (kg).g = gravitational field strength in newtons per kilogram (N/kg).h = change in height in meters (m).

Given:

GPE = 44.12 Jg = 9.8 N/kgh = 1.5 m

Substitute the given values into the formula and solve for m:

[tex]\implies 44.12=m \times 9.8 \times 1.5[/tex]

[tex]\implies 44.12=14.7m[/tex]

[tex]\implies m=\dfrac{44.12}{14.7}[/tex]

[tex]\implies m=3.001360544...[/tex]

[tex]\implies m=3.00\:\:\sf kg\:(2\:d.p.)[/tex]

Therefore, the mass of the basket of fruits is 3.00 kg (2 d.p.).

Why can you rewrite 14^0 as 1?​

Answers

Because 14 to no power is only one if it is 14 to the first it will be 14 and so on

A straight railway track passes through the coordinates (8, 3) and (12, 1). What is the
slope of the line for the path the track?
(2 points-1 point showing work, 1 point correct slope)

Answers

Answer:

[tex]-\dfrac{1}{2}[/tex]

Step-by-step explanation:

Slope Formula

[tex]\textsf{slope}\:(m)=\dfrac{y_2-y_1}{x_2-x_1}[/tex]

Where (x₁, y₁) and (x₂, y₂) are points on the line.

Given points:

(x₁, y₁) = (8, 3)(x₂, y₂) = (12, 1)

Substitute the given points into the formula and solve for m:

[tex]\implies \textsf{slope}\:(m)=\dfrac{1-3}{12-8}=\dfrac{-2}{4}=-\dfrac{1}{2}[/tex]

Therefore, the slope of the line for the path of the track is -¹/₂.

please help


please hurry

Answers

Answer:

Step-by-step explanation:

the last option

The bainters are considering a rental home with
• $1,190 monthly rent at move-in with a 1.7% increase each year
• an annual $75 cleaning fee
• an annual $450 pet fee
• an estimated monthly $17 fee for renters’ insurance

1. How do you determine how much is spent on housing for any given year?

2. Approximately how much will the Bainters spend to rent the house after the 1st year. 5th year, 10th year, and 15th year?

Your 2 answers should include
• an explanation of how to find the amount spent on housing in one year.
• for each of the given times ( 1 year, 5 years, 10 years, and 15 years)
- the monthly rent, rounded to the nearest whole dollar
- the calculations to find the total amount the Bainters will spend for the year

Answers

The year 1 housing cost  is $15,009.00, which includes rent , pet fee, cleaning fee and fee for renters’ insurance

What is annual housing cost?

The annual housing cost for bainters comprises the annual rent, cleaning fee, pet fee as well as the renters’ insurance, hence, the sum of all the listed cost components form the annual spend on housing for any given year

Year 1:

rent=$1190*12=$14,280

cleaning fee=$75

pet fee=$450

renters’ insurance=$17*12=$204

Year 1 housing cost=$14,280+$75+$450+$204

Year 1 housing cost=$15,009.00

Year 5 housing cost=$14,280*(1+1.7%)^4+$75+$450+$204

Year 5 housing cost=$16,005.08

Year 10 housing cost=$14,280*(1+1.7%)^9+$75+$450+$204

Year 10 housing cost=$17,348.46

Year 15 housing cost=$14,280*(1+1.7%)^14+$75+$450+$204

Year 15 housing cost=$ 18,809.96

Find out more about housing cost on:https://brainly.com/question/28693274

#SPJ1

Jalen reads at a rate of 250 words per minutes. The novel he is reading has an average of 300 words per page. How long should Jalen expect it to take him to read a 15-page chapter?

Answers

Answer:

18 minutes

Step-by-step explanation:

1. 300 * 15 = 4500 (How many words in total)

2. 4500/250 = 18 (Number of words divided by speed of his reading)

After expenses of $52 were paid, a club donated $880 in proceeds from a pancake breakfast to a local health clinic. How much did the pancake breakfast gross?

Answers

Based on the expenses, and the club donations, it can be inferred that the amount that the pancake breakfast grossed was $932.

What is the gross income?

Gross income refers to the amount that a company, project, or individual makes from sales before they have to withdraw their expenses.

In this case, the gross amount that the pancake business grossed was:

Amount of proceeds = Gross amount - Expenses

Gross amount = Amount of proceeds + Expenses

Solving for the gross from the pancake business gives:

= 880 + 52

= $932

Find out more on gross proceeds at https://brainly.com/question/15530787

#SPJ1

Find the measurement indicated in each parallelogram.

Answers

The required measure of the angle K  is 110° and the simplified value of the x is 6.

Here,
In a parallelogram sum of the adjacent angle is 180°, So
18x + 2 + 70 = 180
18x + 72 = 180
18x = 180 - 72
18x = 108
x = 6

Now, angle k
= 18x + 2
= 18 * 6 + 2
= 110

Thus, the required measure of the angle K  is 110° and the simplified value of the x is 6.

Learn more about Angles here:
https://brainly.com/question/13954458

#SPJ1



Other Questions
The vertex of this is at parabola is at (-1, -3). Which could be its equation? Please tell me the angles of x and y on letter B Question 5 of 5When faced with needing additional money during college, which is option is NOT true?Taking on a job can cut into study time.Paying with credit cards can end up costing more money.Paying with additional loans can lead to connections and opportunities.Taking on a job can make connections that lead to opportunities. A cell containing a certain concentration of salt is placed in a solution. the cell neither shrinks nor swells. therefore, the solution is said to be:________ PLS HELP!! ILL GIVE BRAINLYEST!! The school cafeteria serves portions of fried rice that are 140 grams each. A. If 64 portions of rice are served, how many grams of rice would that be? B. Write an expression for the total weight in grams of rice needed for p portions. C. One day, the total weight of rice served was 11,340 grams. How many portions were served that day? D. Write an expression for the number of portions served if the total rice weighed t gramsPlease answer all questions The temperature at 1:00 pm was -7C. By 5:00 pm the temperature increased by 11C. What was the temperature at 5:00 pm? Parametric modeling allows the operator to capture _________ within a model to make it easily modifiable by maintaining geometric and functional relationships. Value added equals the market price of the firm's product minus :_________ Use the ______ element to create a generic area or section on a web page that is physically separated from others A positive outlook is a characteristic of good mental and emotional health A line has a slope of 1/6 and passes through the point (-9, -8). What is its equation in point- slope form? According to his speech in the convention, why does franklin want the delegates to the constitutional convention to support the constitution strongly despite any personal reservations they may have?. 4. The table represents a proportional relationship. Find the constant of proportionality and write an equation to represent the relationship. (Lesson 2-4) a 2 3 10 12 y Equation: y = W|N 2 3 1 10 3 4 Constant of proportionality: compare two older men (one mustache no mustache, one skinnier and on bigger, both wearing a button up shirt), and two little girls with money (one blonde one with brown hair, both have money, both have thin eyebrows). You must use at least 4 of the following: ms, menos, tan, tanto, tanta, tantos, tantas.HELP ASAP!!!! R-C=P solve the equation answer what the variable c equals Using Anthony's symptoms and initial lab results, describe how you diagnosed that the problem was kidney failure. You purchase one september 50 put contract for a put premium of $2. what is the maximum profit that you could gain from this strategy? 13. Which of the following would NOT be found at an expressway entrance?O A. Entrance rampO B. Acceleration laneO C. Merge areaO D. HOV lane Rockefeller, Morgan, and Carnegie truly great business pioneers of America or did these men warrant the negative title of Robber Barons? A viral outbreak in a city needs to be traced to its source. How can wastewater be used to trace the viral outbreak?