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 financial statements for December 20XX. Now, it is time to make the closing entries.

We will close the revenue accounts first: what dollar amount will I record for the debit and credit accounts? Specify as a whole number.

Answers

Answer 1

The closing entries to record the given transaction is:  Debit Fees earned $75,000, Credit Income summary $75,000.

Closing journal entries

Adventure Travel journal entries

1. Debit Fees earned $75,000  

Credit Income summary  $75,000

2. Debit Income summary $60,360  

Credit Salaries expense  $32,800

Credit Rent expense  $16,800

Credit Depreciation expense-Office equipment  $3,960

Credit Advertising expense  $4,000

Credit Office supplies expense  $2,800

3. Debit  Income summary $14,640  

($75,000 - $60,360)

Credit A. Garcia, Capital  $14,640

4. Debit  A. Garcia, Capital $1,000  

Credit A. Garcia, Withdrawals $1,000

Therefore the closing entries to record the given transaction is:  Debit Fees earned $75,000, Credit Income summary $75,000.

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Related Questions

Suppose you want to have $600,000 for retirement in 20 years. Your account earns 5% interest. How much would you need to deposit in the account each month?

Answers

You need to deposit $1459.667 every month;

Let the amount needed to be deposited each month be 'x' ;

Monthly interest rate, i = 5%/12 = 0.4167% = 0.004167

Total amount  = $600,000

Total time (in months) = 20 × 12 = 240 years;

Therefore, according to question;

600,000 = x . [(1 + i)ⁿ -1]/i

600,000 = x. [(1 + 0.004167)²⁴⁰ - 1]/0.004167

x = 1459.667

The additional amount you must repay over and above the principal borrowed is called interest. This is how lending institutions turn a profit.

Typically, interest is expressed as an annual percentage of the principal.

Monthly interest is the interest that is paid every month or after every 30 days.

We compute the monthly interest rate by dividing the annual interest rate by 12 to calculate the monthly interest on a loan or investment.

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the distribution of lengths of rainbow trout from a certain river are normally distributed with a standard deviation of 2.4 inches. it 15% of the rainbow trout are longer than 15 inches, which of the following is closest to the mean of the distribution?

Answers

Based on the calculations, the value which closest to the mean of the distribution is equal to: B. 18 inches.

What is a z-value?

A z-value is also referred to as a z-score or standard score and it can be defined as a measure of the distance between a raw score and the mean, when standard deviation units are used.

In Statistics, z-values can either be positive or negative and it can be calculated by using this formula:

Z = (x - μ)/δ

Where:

x represents the sample mean or observed data.μ represents the mean.δ represents the standard deviation.

If 15 percent of the rainbow trout are longer than 15 inches, then we have:

P(x > 15) = 0.15

From the z-table, the z-value which corresponds to a mean of 0.15 is given by:

z-value = -1.036

Substituting the given parameters into the formula, we have;

Z = (x - μ)/δ

-1.036 = (15 - μ)/2.4

-1.036 × 2.4 = 15 - μ

-2.4864 = 15 - μ

μ = 15 + 2.4864

Mean, μ = 17.4864

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Complete Question:

The distribution of lengths of rainbow trout from a certain river are normally distributed with a standard deviation of 2.4 inches. it 15% of the rainbow trout are longer than 15 inches, which of the following is closest to the mean of the distribution?

A. 26 inches

B. 18 inches

C. 30 inches

D. 33 inches

E. 34 inches

If 8/9 is multiplied by 3/7, will the product be greater than either of the 2 factors?

Answers

Answer:

No, it is less than both of the fractions.

Step-by-step explanation:

Multiply the two fractions

[tex]\frac{8}{9}[/tex] x [tex]\frac{3}{7}[/tex] = 0.380952381

Figure out the value of the two fractions

[tex]\frac{8}{9}[/tex] = 0.8888888889

[tex]\frac{3}{7}[/tex] = 0.4285714286

Reduce/Simplify:

0.380952381 = 0.38

0.8888888889 = 0.89

0.4285714286 = 0.43

Question 2
? Question
Match the real-world descriptions with the features they represent within the context of Melissa's garden.
Not all tiles will be used.
Tiles
length of the tomato patch when
the area of the bell pepper patch
Is 0
area of the bell pepper patch when
the length of the tomato patch is 0
all possible areas of the tomato
patch
area of the tomato patch when the
length of the bell pepper patch is 0
all possible areas of the bell pepper
patch
all possible lengths of the tomato
patch

Answers

y intercept - area of the bell pepper patch when the length of the tomato patch is 0. because y intercept when the value of x is 0.

Range - all possible areas of the tomato patch. because range is the value of all possible outcomes based on the set of input.

x intercept - area of the tomato patch when the length of the bell pepper patch is 0. because x intercept when the value of y is 0.

we plot as

y = area of bell pepper.

x = area of tomato patch.

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Select the best answer for the
7. What is the value of x in the diagram?
E
OA. 42°
OB. 64°
OC. 10°
OD. 20°
329 C

Answers

Answer:

10 degree will be the answer.. buddy..

Find x. Sum of angle measures: 360​

Answers

Answer:

126

Step-by-step explanation:

→ Find the sum of the angle

x + x - 35 + x - 46 + 0.5x = 3.5x - 81

→ Equate to 360

3.5x - 81 = 360

→ Add 81 to both sides

3.5x = 441

→ Divide both sides by 3.5

x = 126

Please help me, I need it right now

Answers

The answer is 6.

To solve the question, f(g(1)) you have to look at what is inside the parentheses first. According to the table, g(1) is 4. f(4) is 6.

Proxima Centauri, the star nearest to our solar system, is 4.3 light-years away. Use the information below to express this distance in miles.

(a) A light-year, the distance that light travels in one year, is about 5,900,000,000,000 mi.

(b) The diameter of an electron is about 0.0000000000004 cm.

(c) A drop of water contains more than 33 billion billion molecules.

Answers

The distance of Proxima Centauri, which is 4.3 light years away can also be expressed in miles is equivalent to 253.7 x 10¹¹ miles from solar system.

What is Star?

A star is an astronomical object comprising a luminous spheroid of plasma held together by its gravity. The nearest star to Earth is the Sun

Given that a star named Proxima Centauri is 4.3 light-years away. Therefore, we can write that -

Distance [D] = 4.3 light years

The Proxima Centauri is 4.3 light - years away. As given in the question that  light-year is the distance that light travels in one year and 1 light year is equal to 5,900,000,000,000 miles. Therefore in 4.3 light years, there will be -  

D [miles] = 4.3 x 59x 100,000,000,000 = 253.7 x 10¹¹ miles

Therefore, the Proxima Centauri is 253.7 x 10¹¹ miles away.

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Find the average rate of change on the interval [-3,3] for the given function

Answers

the slope goes by several names

• average rate of change

• rate of change

• deltaY over deltaX

• Δy over Δx

• rise over run

• gradient

• constant of proportionality

however, is the same cat wearing different costumes.

so let's use those two points off the curve in order to get it, check the picture below.

[tex](\stackrel{x_1}{-3}~,~\stackrel{y_1}{0})\qquad (\stackrel{x_2}{3}~,~\stackrel{y_2}{1}) ~\hfill \stackrel{slope}{m}\implies \cfrac{\stackrel{rise} {\stackrel{y_2}{1}-\stackrel{y1}{0}}}{\underset{run} {\underset{x_2}{3}-\underset{x_1}{(-3)}}} \implies \cfrac{1}{3 +3}\implies {\LARGE \begin{array}{llll} \cfrac{1}{6} \end{array}}[/tex]

Find, if possible, the number of elements in sets A, B and C using the given information. If there is an inconsistency, state where it occurs. An B= 0, n(A n C) = 10, n(B n C) = 1, n(C - A) = 9, n(A - C) = 12, n(U) = 31

Answers

Using Venn sets, the number of elements in the sets are given as follows:

Set A: 22.Set B: 1.Set C: 19.

What are the Venn Sets?

For this problem, we consider that the sets A, B and C are the sets represented in the problem, and use the information given to find the number of elements in each set.

For the set A, we have that:

n(AnB) = 0n(A n C) = 10.n(A - C) = 12,

Hence 12 elements belong only to set A and 10 belong to both A and C, hence set A has 22 elements.

For the set B, we have that:

n(AnB) = 0n(B n C) = 1

In total, there are 31 elements, of which:

12 are only in A.9 are only in C.10 are in both.

31 - 31 = 0, hence set B has only 1 element, that is also present in set C.

For the set C, we have that:

n(B n C) = 1. n(C - A) = 9.n(A n C) = 10

Hence it has 10 elements that are also in set A, and 9(the intersection with B is included in C - A as n(AnB) = 0) are not, hence set C has 19 elements.

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f(x-2)=4x^2+5x-9.

Please explain thoroughly with work. Thank you!

Answers

Answer:

Hello,
If you want f(x) read this.

Step-by-step explanation:

I am going to use Horner's method.

[tex]\begin {array}{c|c|c|c}&x^2&x&1\\---&--&--&--\\&4&5&-9\\x=2&&8&26\\---&--&--&--\\&4&13&\boxed{17}\\x=2&&8&42\\---&--&--&--\\&4&\boxed{21}&59\\x=2&&8\\---&--&--&--\\&\boxed{4}&29\\\end {array}\\\\\\F(x-2)=4(x-2)^2+21(x-2)+17\\\\So\ \boxed{F(x)=4x^2+21x+17}\\\\Proof:\\\\F(x-2)=4(x-2)^2+21(x-2)+17\\\\\\=4x^2-16x+16+21x-42+17\\\\=4x^2+5x-9\\[/tex]

I hope this is what you want.

i need an explanation how to solve it

Answers

Answer:

f(1) = -2

Step-by-step explanation:

The relationship between x and y-values can be represented through a function.

Function Notation

Function notation is one way to write out an equation. In this notation, f(x) represents the y-value at a specified x-value. Thus, f(1) equals the y-value when x is 1. Many times f(x) will be replaced with variable y. So, another way to write the function above is y = -x - 1.

Solving For f(1)

To find f(1), plug 1 into the equation for x.

f(1) = -1 - 1

Now, you can easily solve the equation.

f(1) = -2

h(y) = -3y³ - 6y + 9
a. h(4)
b. h(-2y)
c. h(5b + 3)

Answers

Answer:

  a. h(4) = -207

  b. h(-2y) = 24y³ +12y +9

  c. h(5b+3) = -375b³ -675b² -435b -90

Step-by-step explanation:

You want the simplified form of h(y) = -3y³ -6y +9 for using 3 different values of y.

The expression is evaluated by putting the argument where y is, then simplifying the resulting expression.

a. h(4)

  [tex]h(4)=-3(4)^3 -6(4) +9 = -3(64) -24 +9\\\\\boxed{h(4) = -207}[/tex]

b. h(-2y)

  [tex]h(-2y)=-3(-2y)^3-6(-2y)+9=-3(-8y^3+12y+9\\\\\boxed{h(-2y)=24y^3+12y+9}[/tex]

c. h(5b+3)

  [tex]h(5b+3)=-3(5b+3)^3-6(5b+3)+9=-3(125b^3+225b^2+135b +27) -30b-18+9\\\\\boxed{h(5b+3)=-375b^3-675b^2-435b-90}[/tex]

__

Additional comment

It can be useful to remember that ...

  (a +b)³ = a³ +3a²b +3ab² +b³

Given the following sets, find the set A' n (BUC')
U=(1, 2, 3,…,9}
A = {1, 5, 6, 7)
B={1, 2, 7)
C=(2, 3, 4, 6, 7}

Answers

From the given sets we get A’∩ (B∪C’) = {2,8,9}.

Given the universal set U= {1,2,3,4,5,6,7,8,9}

A = {1,5,6,7}

B = {1,2,7}

C= {2,3,4,6,7}

A’ (A not) means to remove all the elements of set A from the universal set U

A∪B (union of A and B) means to write all the elements of both the sets but to not repeat the single element

A∩B (intersection of A and B) means to write only the common elements of both the sets

A’ = {2,3,4,8,9}

C’ = {1,5,8,9}

First we need to find out B∪C’ which means the union of B and C’

B∪C’ = {1,2,5,7,8,9}

Now we need to find A’ (B∪C’) = {2,8,9}

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You put $205 into an investment at 7% compounded annually for eight years. What will the balance be at the end of eight years?

Answers

Answer:

If there is no additional contribution during these 8 years your balance will be $352.23

Step-by-step explanation:

Evaluate (2 minus 5 i) (p + q) (i) when p = 2 and q = 5 i.
29 i
29 i minus 20
Negative 21 i
29

Answers

The value of the expression is 29

How to evaluate the expression?

The expression is given as

(2 - 5i)(p + q)

Where

p = 2

q = 5i

Substitute these values in (2 - 5i)(p + q)

So, we have

(2 - 5i)(p + q) = (2 - 5i)(2 + 5i)

Apply the difference of two squares

(2 - 5i)(p + q) = 4 - (-25)

Evaluate the difference

(2 - 5i)(p + q) = 29

Hence, the value of the expression is 29

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Simplify: (39x^5z^4)^0 • 18x^2y

Answers

The simplification of  (39x⁵z⁴)⁰ • 18x²y  is 18x²y.

What is Simplification?

Making anything simpler is known as simplification. In mathematics, simplifying an equation, fraction, or problem means taking it and making it simpler.

To simplify an equation:

By eliminating all common components from the numerator and the denominator and putting the fraction in its simplest/lowest form, we can simplify fractions. Mathematical expressions can be made simpler by grouping and combining related terms.

Rewrite the given equation using the commutative property of multiplication.

18(39x⁵z⁴)⁰x²y

Use the power rule (xy)ⁿ=xⁿyⁿ for distributing the exponent.

18(39⁰(x⁵)⁰(z⁴)⁰)x²y

Anything raised to 0 is 1.

18(1(x⁵)⁰(z⁴)⁰x²y

Multiply (x⁵)⁰(x⁵)⁰ by 11.

18((x⁵)⁰(z⁴)⁰)x²y

Multiply the exponents in (x⁵)⁰.

18(x⁰(z⁴)⁰)x²y

Multiply x⁰ by x² by adding the exponents.

18(x²(z⁴)⁰)y

Simplify 18(x²(z⁴)⁰)y

18x²y

Therefore, simplification of given equation is 18x²y.

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750$ in 4 days unit rate

Answers

To find the unit rate, we would divide both numbers by 4 to find how much money is made in a day. This would look like:

$750 / 4 days = $187.50 in one day

4 days / 4 = 1 day

Hence, the unit rate here is $187.50 made per day.

A mountain biking park has 48 trails, 37.5% of which are beginner trails.
The rest are divided evenly between intermediate and expert trails.
How many expert trails are in the park?

Answers

The number of expert trails in the park is 15.

How many expert trails are in the park?

Percentage can be described as the fraction of an amount expressed as a number out of hundred. The sign :used to represent percentages is %.

The first step is to determine the total number of intermediate and expert trails

Intermediate and expert trails = (1 - percentage of beginner trails) x total number of trails

(1 - 0.375) x 48

0.625 x 48= 30

The second step is to divide the total number of intermediate and expert trails by 2 since they are an equal number.

30 / 2 = 15

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What would happen if you divide by 2/5 instead of 4/5

Answers

Answer:

2/5= 0.4 and 4/5= 0.8

Step-by-step explanation:

2/5 would equal to 0.4 and 4/5 would equal to 0.8 hope that helps you

Please answer and help thank you

Answers

Answer:

25

62.5

1.25

hope this helps

Answer:

Step-by-step explanation:

$12.50=10b

so 20$=(20)10/12.5=16

50$=(50)10/12.5=40

1$=(1)10/12.5=0.8

Which expression is equivalent to the quantity nine raised to the negative second power times three raised to the fifth power end quantity all raised to the negative second power?

A:negative three raised to the third power divided by nine raised to the fourth power

B:three raised to the third power divided by nine raised to the fourth power.

C:negative nine raised to the fourth power divided by three raised to the tenth power

D:nine raised to the fourth power divided by three raised to the tenth power

Answers

The simplification of the given indices is; D: nine raised to the fourth power divided by three raised to the tenth power

How to use the Law of Indices?

We want to find the expression that is equivalent to the quantity nine raised to the negative second power times three raised to the fifth power end quantity all raised to the negative second power. This is written as;

(9⁻² * 3⁵)⁻²

According to laws of indices, we know that;

(a²)³ = a²*³ = a⁶

Thus;

(9⁻² * 3⁵)⁻² = (9⁻²)⁻² * (3⁵)⁻²

⇒ 9⁴ * 1/3¹⁰

⇒ 9⁴/3¹⁰

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Can someone please help me I’m doing ratios and proportions and I need it by 8 o’clock

Answers

Answer:

5 tomato and 14 pineapples

log(x(x^2 + 3)^−1/2)

Answers

The solution of given logarithmic equation is:

          =  [tex]logx-{\frac{1}{2} log(x^2 + 3 )[/tex]

Step-by-step explanation:

Given that

The logarithmic equation

            [tex]log(x.(x^2 + 3 )^{\frac{-1}{2} })[/tex]

To find

The solution of this given logarithmic equation

So, according to the question

we have,

The logarithmic equation

            [tex]log(x.(x^2 + 3 )^{\frac{-1}{2} })[/tex]

We know that,

    ∵ log(m.n) = logm + logn

Now using this property to solve that logarithmic equation

          =  [tex]log(x.(x^2 + 3 )^{\frac{-1}{2} })[/tex]

          =  [tex]logx+log(x^2 + 3 )^{\frac{-1}{2} }[/tex]

We know that,

    ∵ log(mⁿ) = nlogm

Now using this property to solve that logarithmic equation

          =  [tex]logx+log(x^2 + 3 )^{\frac{-1}{2} }[/tex]

          =  [tex]logx+({\frac{-1}{2} )log(x^2 + 3 )[/tex]

          =  [tex]logx-{\frac{1}{2} log(x^2 + 3 )[/tex]

This is the the solution of given logarithmic equation.

Logarithmic equation.

The logarithm is exponentiation's opposite function in mathematics. This means that the exponent to which a fixed number, base b, must be raised in order to produce a given number x, is represented by the logarithm of that number. The logarithm, in its most basic form, counts the number of times the same factor appears when multiplied repeatedly; for instance, since 1000 = 10 x 10 x 10 = 103, its "logarithm base 10" is 3, or log10 (1000) = 3. When there is no possibility of confusion or when the base is irrelevant, as in big O notation, the logarithm of x to base a is written as logₐ (x), logₐ x, or even without the explicit base, log x.

Answer:

          =  [tex]logx-{\frac{1}{2} log(x^2 + 3 )[/tex]

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Devon wants to write
an equation for a line that passes
through 2 of the data points he has collected. The points
are (8, 5) and (-12, -9). He writes the
equation
7x 10y = 3. Is this a good model? Explain your
reasoning.

Answers

Answer: The equation given is not in slope-intercept form, which is y=mx+b. The equation for the line which passes through the given points is y = 7/10x - 3/5.

The gravitational force (F ) felt by an object (m1) due to another object (m2) at a distance d is given by F = G m1m2/r2.

what is the value of r?

Answers

Based on the equation for gravitational force, the value of radius (r) is equal to r = √(GM₁M₂/F).

What is a gravitational force?

A gravitational force can be defined as a universal force of attraction which acts between two (2) physical objects, especially by pulling them together.

How to calculate the gravitational force?

Mathematically, the gravitational force between two (2) planetary objects is given by this formula:

F = GM₁M₂/r²

Where:

r represents the radius or mean distance.G represents the gravitational constant.M represents the mass.F represents the gravitational force.

Making r the subject of formula, we have:

Fr² = GM₁M₂

Divide both sides by F, we have:

r² = GM₁M₂/F

Taking the square root of both sides, we have:

r = √(GM₁M₂/F)

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The demand for water use in Phoenix in 2003 hit a high of about 442 million gallons per day on June 27. Water use in the summer is normally distributed with a mean of 310 million gallons per day and a standard deviation of 45 million gallons per day. City reservoirs have a combined storage capacity of nearly 350 million gallons.
(a) What is the probability that a day requires more water than is stored in city reservoirs?
(b) What reservoir capacity is needed so that the probability that it is exceeded is 1%?
(c) What amount of water use is exceeded with 95% probability?

Answers

Using the normal distribution, it is found that:

a) There is a 0.1867 = 18.67% probability that a day requires more water than is stored in city reservoirs.

b) A capacity of 415 million gallons is needed.

c) An amount of 236 million gallons of water use is exceeded with 95% probability.

Normal Probability Distribution

The z-score of a measure X of a normally distributed variable with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex] is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The z-score measures how many standard deviations the measure is above or below the mean. Looking at the z-score table, the p-value associated with this z-score is found, which is the percentile of X.

The mean and the standard deviation for this problem are given as follows:

[tex]\mu = 310, \sigma = 45[/tex]

For item a, the probability is one subtracted by the p-value of Z when X = 350, hence:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

Z = (350 - 310)/45

Z = 0.89

Z = 0.89 has a p-value of 0.8133.

1 - 0.8133 = 0.1867.

There is a 0.1867 = 18.67% probability that a day requires more water than is stored in city reservoirs.

For item b, the capacity should be the 99th percentile, which is X when Z = 2.327, hence:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

2.327 = (X - 310)/45

X - 310 = 45 x 2.327

X = 415. (rounded)

A capacity of 415 million gallons is needed.

For item c, the amount of water use is the 5th percentile, which is X when Z = -1.645, hence:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

-1.645 = (X - 310)/45

X - 310 = -1.645 x 45

X = 236.

An amount of 236 million gallons of water use is exceeded with 95% probability.

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please help i need help i will give crowns


Gena please!

Answers

Answer:

2

90

Step-by-step explanation:

54 / 3 = 18

so 18 licks per 1 lollipop.

18 + 18 = 36 (aka 2 lollipops).

18 x 5 = 90 (equivalent to 5 lollipops).

Answer:

36/2

90/5

Step-by-step explanation:

54/3=18 36/2=18 and 90/5= 18

find the volume of the cylinder with 2 meters squared and height 10 meters ​

Answers

The answer is twenty

What's 3.2rounded to the nearest tenth

Answers

answer : 3.2 because the 2 is in the tenth place and you can’t round any higher. so it would still be 3.2
Other Questions
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