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3 years ago

7

George worked 14 more hours than hengry during April. What more do you need to know to find how many hours George worked in Apri

l ?

1 answer:

pogonyaev3 years ago

4 0

14 +what hengry worked

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Acton Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data for its m

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Explanation:

GIVEN INFORMATION -

ESTIMATED ACTUAL

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Machine hours 2800 2750

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The following is the adjusted trial balance of Wilson Trucking Company.

Troyanec [42]

Answer:

<u>PART 1:</u> Wilson Trucking Company reported Net Income of $15,854 for the year ended December 31, 2017.

<u>PART 2:</u> As per the statement of changes in equity, K. Wilson Capital Account Balance as at December 31, 2017 is $190,124

* Please note that figures in brackets represent negative values.

Explanation:

<u>PART 1</u>

Wilson Trucking Company

Income Statement for the year ended December 31, 2017

<u>Revenue </u>

Trucking Fees $115,500

<u>Less Expenses:</u>

Depreciation expense of Trucks $(26,043)

Salaries expense $(54,170)

Office supplies expense $(9,500)

Repairs expense -Trucks $(9,933)

Net Income $15,854

<u>PART 2</u>

Wilson Trucking Company

Statement of changes in Equity for the year ended December 31, 2017

K. Wilson Capital Account Balance as at December 31, 2016 $193,270

Add: Net Income for the year $15,854

Less: K. Wilson withdrawals during the year $(19,000)

K. Wilson Capital Account Balance as at December 31, 2017 $190,124

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3 years ago