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ollegr [7]
3 years ago
7

At the beginning of Year 1, a company reported a balance in common stock of $164,000 and a balance in retained earnings of $64,0

00. During the year, the company issued additional shares of stock for $54,000, earned net income of $44,000, and paid dividends of $11,400. In addition, the company reported balances for the following assets and liabilities on December 31.
Assets Liabilities
Cash $53,600 Account payable $9,100
Supplies 13,400 Un-earned revenue 2,400
Prepaid rent 24,000 Salaries payable 3,500
Land 200,000 Notes payable 15,000

Required:
a. Prepare a statement of stockholders' equity.
b. Prepare a balance sheet.
Business
1 answer:
blagie [28]3 years ago
6 0

Answer:

Explanation:

The preparation of the statement of stockholder equity and balance sheet is presented below:

a. Statement of stockholder equity

<u>Particulars            Common stock         Retained earnings      Total stock equity</u>

Beg balance        $150000                   $50,000                      $200,000

Add: Addi shares  $40,000                                                       $40,000

Add: Net income                                    $30,000                     $30,000

Less: dividend                                         -$10000                     -$10000

Total                     $190,000                 $70,000                    $260,000

b. Balance sheet

Assets                          Amount                    

Cash                               $52,600                  

Supplies                         $13,400                

Prepaid rent                   $24,000                    

Land                               $200,000    

Total assets                   $290,000          

Liabilities       Amount

Account payable $9,100

Un-earned revenue $2,400

Salaries payable $3,500

Notes payable      $15,000

 Stockholder equity $260,000

Total liabilities & stockholder equity $290,000

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Define the terms anatomy and physiology. List and define the following subdivisions of these two areas of study:
Pie

Answer:

Anatomy

a. gross/macroscopic anatomy  (b. systemic anatomy is the subdivision of this)

c. microscopic anatomy

d. developmental anatomy

e. embryology.

Explanation:

Anatomy is the branch of biology that studies the structure of living organisms. This discipline owes its name to the main method of investigation, dissection, which has remained of fundamental importance even in the modern era, albeit integrated by other modern and improved methods of investigation. The "coupon division" is one of the means of study of this science, which in a more exact way could be called sectorial anatomy, which is the branch of macroscopic anatomy (gross) which makes use of the method of dissecting the corpse or parts of it, fresh or suitably prepared. Despite the birth of new conservation techniques, such as plastination, and three-dimensional virtual technologies, dissection remains the elective method for the study of anatomical discipline.

Anatomy is divided into animal (zootomy) and plant (phytotomy) anatomy. The study of the relationships between different beings or organs of different beings is called comparative anatomy; when it is limited to one animal species, it is called special anatomy. The first representative of the special anatomy is the human anatomy; this can be approached from different points of view. From a medical point of view, it consists of the knowledge of the exact shape, position, size, variations, development and interrelation of the various parts of the human body in health, and the terms descriptive or topographical human anatomy are given to this study.

An accurate knowledge of all anatomical details requires years of observation and is owned only by a few doctors who dedicate their lives to research in this area. The human body is so complex that only a small number of human anatomists (also called anatomists) master all its details: many specialize only on certain parts, such as the brain, the bowels, etc., maintaining a good general knowledge of the rest of the body.

The topographical anatomy must be learned by each anatomical aspirant through the repeated dissection and inspection of the corpses. It is a type of knowledge similar in some ways to that of an airplane pilot, it must be precise and available in emergency situations. Such a preparation can only be achieved by obtaining a degree in Medicine and Surgery, high post-graduate training and several years of experience in the field, both in the macroscopic and microscopic fields, but also in clinical applications.

From a morphological point of view, human anatomy is a fascinating scientific study that has as its object the discovery of the causes that led to the current structure of the human being, and requires knowledge of other sciences: histology, cytology, embryology and physiology. The Anatomical Doctor deals with research, teaching and training of Specialist Doctors (Clinical Anatomy, Surgical Anatomy, Radiological Anatomy, Endoscopic Anatomy, Experimental Anatomy, etc.). Therefore, in order to carry out this profession, it is also necessary to have profound knowledge of Pathophysiology, Semiotic Clinical Methodology and Surgical Pathology. Pathological anatomy is the study of diseased organs. While the various disciplines of normal anatomy, which apply to various purposes receive a particular denomination such as medical, surgical, gynecological, artistic and superficial anatomy, the anatomical comparison of the different ethnic groups is part of the science of physical anthropology or anthropological anatomy.

3 0
3 years ago
Variable Costing
mart [117]

Answer:

a. $197,600

b. $163,400

c. $108,600

Explanation:

a. Manufacturing margin = Sales - Variable cost of goods sold

= $380,000 - $182,000

= $197,600

b. Contribution margin = Manufacturing margin - Variable selling and administrative expenses

= $197,600 - $34,200

= $163,400

c. Income from operations = Contribution margin - Fixed manufacturing costs -  Fixed selling and administrative expenses

= $163,400 - $57,000 - $2,800

= $108,600

4 0
3 years ago
The team that is planning the annual company sales meeting has members in several offices. They need to have a conversation abou
White raven [17]

Answer:

C

Explanation:

The question is asking what method of communication will be used by a team having to plan for the annual sales meeting.

This can be achieved by having a conference call. A conference call will provide the necessary framework needed by the members of the committee to communicate their thoughts effectively to all other members of the group. With conference call, opinions of each member can easily be passed or related to the other group members instantly

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3 years ago
Jackson is buying a home for $412,000. his interest rate on the loan will be 4.75or 15 years. he will have a down payment of $16
Ipatiy [6.2K]

Answer:

96%

Explanation:

Value of the home: $412,000-Down Payment $16,480 = $395,520

Formula for LTV(Loan to Value Ratio): Loan Amount / Appraised Property Value

LTV: $395,520/$412,000 = 0.96 or 96%

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The day sheet is a(n):
PIT_PIT [208]

Answer:

[A] chronological summary of all transactions posted to individual patient ledgers/accounts on a specific day

Explanation:

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