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tigry1 [53]
2 years ago
14

Astoria Co. had the following transactions during the month of August 2014: * Cash received from bank loans was $20,000. * Divid

ends of $9,500 were paid to stockholders in cash. * Revenues earned and received in cash amounted to $33,500. * Expenses incurred and paid were $26,000. Refer to the information above. At the beginning of August, 2014, owners' equity in Astoria was $160,000. Given the transactions of August, what will be the owners' equity be at the end of the month
Business
1 answer:
Fynjy0 [20]2 years ago
6 0

Answer: $158,000

Explanation:

Equity = Opening equity + Net Income - Dividends

Net Income = Revenue - expenses

= 33,500 - 26,000

= $7,500

Equity = 160,000 + 7,500 - 9,500

= $158,000

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In the country of Lumberne, citizens campaigned against the sanction of a new factory that was about to be built in the vicinity
bekas [8.4K]

Answer: (B) Civil society

Explanation:

 The civil society is one of the type of organization in which the various types of collective actions are taking place in order to share the common values and interests.

It basically enhance the services and the used in the  decision making process based on the public and the economical rights.

According to the given question, the civil society is one of the part of citizen campaigned that is against sanction of the  new factory that start building in the residence area.  

 Therefore, Option (B) is correct answer.

6 0
2 years ago
Lightning Electronics is a midsize manufacturer of lithium batteries. The company’s payroll records for the November 1–14 pay pe
Alexeev081 [22]

Answer:

Journal entries for the following will be shown below:

Explanation:

1.

Journal entries for the wages expense is as follows:

Wages expense A/c.........................Dr     $50,000

        Income Tax Payable A/c................Cr   $7,000

        FICA taxes payable A/c...................Cr   $2,625

        Cash A/c...............................................Cr   $40,375

Working Note:

Cash = Wage expense - Income tax payable - FICA taxes payable

= $50,000 - $7,000 - $2,625

= $40,375

2.

Journal entry for the payroll expenses is as follows:

Payroll tax expense A/c............................Dr    $2,875

       FICA taxes payable A/c............................Cr   $2,625

       Unemployment taxes payable A/c.........Cr   $250

4 0
3 years ago
What does an investment bank do?
kow [346]
<span>An investment bank is a financial institution that assists individuals, corporations, and governments in raising financial capital by underwriting or acting as the client's agent in the issuance of securities.</span>
7 0
3 years ago
Read 2 more answers
Both transportation and assignment problems are members of a category of lp problems called?
kogti [31]

Both transportation and assignment problems are members of a category of lp problems called network flow problems

<h3>What is  network flow problems?</h3>

Network flow problems are a type of combinatorial optimization problem in which the input is a flow network (a graph with numerical capacities on its edges) and the goal is to construct a flow with numerical values on each edge that respect the capacity constraints and have incoming flow.

A company, for example, may want to ship packages from Los Angeles to New York City by using trucks to transport between intermediate cities. If the route connecting two cities only has one truck and each truck has a maximum load, the graph describing the transportation options will be a flow network.

To know more about  network flow problems follow the link:

brainly.com/question/23828054

#SPJ4

3 0
2 years ago
A company had an unadjusted Cost of Goods Sold of $1,690,000. The company closes its underapplied or overapplied overhead to Cos
lakkis [162]

Answer:

"$1,673,750" is the appropriate answer.

Explanation:

The given values in the question are:

Applied overhead,

= $666,250

Actual overhead,

= $650,000

Unadjusted cost,

= $1,690,000

Now,

The overapplied overhead will be:

= Applied \ overhead-Actual \ overhead

= 666,250-650,000

= 16,250 ($)

hence,

The goods sold's adjusted cost will be:

= Unadjusted \ cost-Overapplied \ overhead

= 1,690,000-16,250

= 1,673,750 ($)

8 0
2 years ago
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