Application 1-a
PROBLEM 1- Completing the cycle.
Requirements:
a. Provide journal entries.
b. Post the entries to the ledger.
c. Prepare the unadjusted trial balance.
d. Provide the adjusting entries.
e. Complete the worksheet up to post-closing trial balance.
f. Prepare the closing entries.
g. Prepare the balance sheet and income statement.
Entity Backspace started operations in 20x1. The following were the transactions for the year ended
December 31, 20x1:
1. The owner invested P 300, 000 cash in the business.
2. The business obtained a 12%, one-year, bank loan of P200, 000 on October 1, 20x1. Principal and
interest are due at maturity date.
3. Purchased office supplies worth P80, 000 for cash (Entity Backspace uses the Asset method).
4. Purchased equipment on November 1, 20x1 for P360, 000 cash. (5 years useful life)
5. Rendered services worth P180, 000 for cash.
6. Rendered services worth P420, 000 on account.
7. Collected P370, 000 accounts receivable.
8. Paid utilities expense of P16, 000.
9. Paid salaries expense of P140, 000.
10. The owner withdrew P100, 000 cash from the business.
Application b
Instruction: For each of the sales terms, determine the following:
1. the amount recorded as a sale.
2. the amount of cash received.
On July 1, 2019, Savery Lace & Boxes sold merchandise with a P 150, 000 list price.
•Trade Discount •Credit Terms •Date Paid
a. 30% 2/10, n/30 July 8
b. 40% 1/10, n/30. July 15
c. - 2/10, n/30. July 11
d. 20% 1/15,n/30 July 14
e. 40% n/30. July 28
Application C
1. On January 1, 20x1, Mr. A and Ms. B formed a partnership. Mr. A contributed cash of ₱500,000
while Ms. B contributed a building with carrying amount of ₱400,000 and fair value of ₱800,000. The
building has an unpaid mortgage of ₱200,000 which is not assumed by the partnership.
Requirement: Provide the journal entry to record the contributions of the partners.
What is 10/10 as a whole number
✫ Hello there! ✫
10/10 as a whole number is 1.
If a fraction's numerator is the same as its denominator, then the fraction equals 1.
Hope it helps!
~Just a joyous gal
#CarryOnLearning
Answered by
[tex]-SilentNature-[/tex]
The [tex]\frac{10}{10}[/tex] as the whole number is 1.
Given that,
The fraction is [tex]\frac{10}{10}[/tex]We need to write in a whole number.Based on the above information, the calculation is as follows:
[tex]= \frac{10}{10}[/tex]
= 1
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What is the quotient of 8×10 to the 20/4÷2×10 to the 18th in scientific notation
Step-by-step explanation:
[tex] = \frac{8 \times {10}^{24} }{ 2\times {10}^{18} } [/tex]
[tex] = \frac{8}{2} \times {10}^{24 - 18} [/tex]
[tex] = 4 \times {10}^{6} [/tex]
[tex] \: [/tex]
[tex] \frac{8 \times {10}^{24} }{2 \times {10}^{18} } = 4 \times {10}^{6} [/tex]
Answer:
[tex] \sf \frac{8 \times {10}^{24} }{2 \times {10}^{18} } = ... \times {10}^{?} [/tex]
[tex] \sf (8 \div 2) \times {10}^{(24 - 18)} =... \times {10}^{?} [/tex]
[tex] \sf4 \times {10}^{6} = ... \times {10}^{?} [/tex]
[tex]↪4 \times {10}^{6} [/tex]
(-7)(1.2) multiplying rational numbers
Answer:
-119
Step-by-step explanation:
Answer:
-8.4
Step-by-step explanation:
-7 x 1.2
Ava bought a new computer and is now
$249 in debt. How much money does
Ava have?
What does $0 represent in this problem?
Answer:
If Ava is in Debt she will have 0 dollars. 0 represents how much money Ava has. Hope this helps!
Step-by-step explanation:
The mean of 4 numbers is 40, what is the sum of the 4 numbers
Answer:
the sum of 4 numbers is 160
Step-by-step explanation:
Let 4 numbers be a, b, c, d
Mean of those 4 numbers is: (a+b+c+d) : 4 = 40
So the sum of 4 numbers is: (a+b+c+d) = 40 x 4 = 160
=> 160 is the sum of 4 numbers
Aaliyah has a loyalty card good for a discount at her local hardware store. The item she wants to buy is priced at $39, before discount and tax. After the discount, and before tax, the price is $33.54. Find the percent discount.
Answer:
16.13
Step-by-step explanation:
help please im mark brainliest I just need to get this finish asap!
Answer:
See below
Step-by-step explanation:
1. A
2. F
3. G
4. I
what is f(x) =|x – 4| + 1 graphed.?
Answer:
Step-by-step explanation:
Table of value
x y
2 3
3 2
4 1
5 2
6 3
Luna is competing in a 200 m race.
She runs at a constant speed of 5.4 m/s for the first 50 m, then 4.4 m/s for 10 seconds.
The remainder of the race takes her 29 seconds to complete.
What is Luna's average speed for the entire race to 1 dp?
Answer:
24
Step-by-step explanation:
Answer:
24 in the answer
Step-by-step explanation:
Suppose the price level and value of the U.S. dollar in year 1 are 1 and $1, respectively.
Instructions: Enter your answers rounded to 2 decimal places.
a. If the price level rises to 1.40 in year 2, what is the new value of the dollar?
$
b. If, instead, the price level falls to 0.80, what is the value of the dollar?
$
Answer:
a-2.40, b- 1.60
Step-by-step explanation:
The speed of a stream is 2 mph. A boat travels 20 miles upstream in the same time it takes to travel 40 miles downstream. What is the speed of the boat in still water?
The speed of the boat in still water is mph.
(Simplify your answer. Type an integer or a decimal.)
Answer: The speed of a stream is 4 mph. A boat travels 7 miles upstream in the same time it takes to travel 15 miles downstream. What is the speed of the boat in still water…
Step-by-step explanation: The speed of a stream is 4 mph. A boat travels 7 miles upstream in the same time it takes to travel 15 miles downstream. What is the speed of the boat in still water?
Answer: The speed of a stream is 4 mph. A boat travels 7 miles upstream in the same time it takes to travel 15 miles downstream. What is the speed of the boat in still water…
Step-by-step explanation: hope this helps
Harry is paid £8.60 per hour for the first 30 hours he works each week. After 30 hours he is paid 1 and a half times the hourly rate.
Last week Harry worked 33 hours. He was also paid a bonus of 1/10 of his earnings
Calculate how much in total Harry was paid last week
Answer:
1404.81
Step-by-step explanation:
1277.1 +127.71 = i read it wrong the first time sorry
The total amount paid to harry in past week, is 299.28.
What is amount?Amount is the sum or the total value.
For example, if A purchase 2 kg rice at the price of 40 rs/kg, the amount will be 40×2= 80 rs.
Given that,
The amount paid to Harry for 1 hour = $8.60
Since, Harry worked for 33 hours,
So, The amount paid to Harry for 33 hours = 8.60×33=283.8
Harry gets half times more amount than hourly rate and also gets bonus for last 3 days
So for last 3 days the extra amount paid to Harry
= 3×1/2×8.60+3×1/10×8.60
= 12.9+2.58
=15.48
So the total amount paid to harry = 283.8+15.48=299.28
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A hose fills a hot tub at a rate of 4.86 gallons per minute. How many hours will it take to fill a 267 gallon hot tub?
A. Direction: Arrange the given number tiles in a correct order to make it divisible to the given number. Apply the divisibility rules. Given Answer 3 8 4 3 2 9 1 6 8 3 8 3 8 0 5 1. Divisible by 8 2. Divisible by 4 3. Divisible by 11 4. Divisible by 12 5. Divisible by 4 6. Divisible by 8 7. Divisible by 11 8. Divisible by 12 9. Divisible by 4 10. Divisible by 8 7. 2 5 4 5 9 1 0 4 7 6 4 1 6 2 1
x + ( -22 ) = 31
x = ?
x + ( -22 ) = 31
x = ?
Answer :x = 31 - ( -22 )
x = 31 + 22 =
x = 53
x = 53 ✔️
Answer:
52
Step-by-step explanation:
x + (-21)=31
x-21=31
x=31+21
x=52
A rectangular prism has a length width and height of 2/3
Step-by-step explanation:
A rectangular prism has a length, width, and height of 2/3 inch, 3/5 inch, and 4/7 inch, respectively.
The volume of the rectangular prism is
24/105
cubic inch.
How to find out the least common denominator of 3/4 and 7/10
Answer:
20
Step-by-step explanation:
you use prime factor method to find the least common divider of denominator 10 and 5
6= 2(y+2) i need help on this
If the function f (x) is defined by f(x) =x over 2 minus 6
Depending on how it is written, it could be either of these following solutions:
f(x) = x/2 - 6 or f(x) = x/(2-6)
For the first, we solve for x by replacing f(x) with 0
x/2 - 6 = 0
x/2 = 6
x = 3
For the second, do the same
x/(2-6) = 0
x/-4 = 0
x = 0
Lindsey went to best buy and bought an MP3 Player. If the MP3 Player costs $78.99 and the sales tax was 6.5%, what was her total bill?
Answer:
$84.12
Step-by-step explanation:
78.99 x 0.065 = 5.13
78.99 + 5.13 = 84.12
Find the differential of the function.
u = 3x4 + 4
Answer:
U(x)= 3+4
Step-by-step explanation:
I simplified this equation into function notation form, then simplified the 12 and 4 with the common factor of 4.
Hope this helped and have a great day,
Ginny
Answer:
14
Step-by-step explanation:
you could solve this three different ways
1. 4*3 is 12 so add 4 = 16
2. 4 squared because 4*4 = 16
3. draw 4 groups of four to get 16
A rocket is launched from a hill above a lake. The rocket will fall into the lake after exploding at its maximum height. The rocket's height above the surface of the lake is given by g(x)= -16x² + 72x + 80. How long will it take to hit the ground?
Step-by-step explanation:
g(x)= -16x² + 72x + 80
Plug 2 in to check if it's correct.
g(2)= -16(2)² + 72(2) + 80
-16(4)+128+80
-72+128+80
= 136
which two ratios represent quantities that are proportional? A. 18/15 and 24/20 B. 33/18 and 66/26 C. 4/6 and 9/12 D. 9/14 and 45/56
Answer:
Option A is correct.
Step-by-step explanation:
g(x)=x^2-6/3x+10 g(4)=?
Answer:
g(4) = [tex]\frac{5}{11}[/tex]
Step-by-step explanation:
Substitute x = 4 into g(x) , that is
g(4) = [tex]\frac{4^2-6}{3(4)+10}[/tex] = [tex]\frac{16-6}{12+10}[/tex] = [tex]\frac{10}{22}[/tex] = [tex]\frac{5}{11}[/tex]
_______
[tex] \: [/tex]
[tex] \sf{g(x) = \frac{ {x}^{2} - 6 }{3x + 10} }[/tex]
[tex] \sf{g(4) = \frac{ {4}^{2} - 6 }{3(4) + 10}} [/tex]
[tex] \sf{g(4) = \frac{16 - 6}{12 + 10}} [/tex]
[tex] \sf{g(4) = \frac{10}{22}} [/tex]
[tex] \sf{g(4) = \bold{\frac{5}{11}} }[/tex]
Jasmine travels 732 miles at an average speed of 65 mi/hr. How long will it take her to reach her destination? Round your answer to
the hundredths place.
Answer:
11.26 hrStep-by-step explanation:
Use the following equation:
Time = distance / speedt = 732 / 65 = 11.26 (rounded)Answer:11.26 hours
Step-by-step explanation:
Which one of the following statements about fractions is correct?
Question 9 options:
1/3 is an improper fraction.
9/7 is a proper fraction.
5/16 is a mixed number.
4/4 is equal to 1.
Answer:
4/4 is equal to 1 is the only one that's correct
Step-by-step explanation:
Answer:
4/4 and 1/3 are the correct statements
At Kenner Country Club, 45% of the members swim. If 3 people are selected at random, what is the probability that all three will say they swim at the club?
Step-by-step explanation:
so, we pick the first one. the probability this person swims is 0.45.
if yes, then we pick the second one. this one has also a probability of swimming of 0.45.
combined with the probability of the first one being a swimmer this is now 0.45×0.45.
the same with the third pick.
and we have the probability that all 3 swim of
0.45×0.45×0.45 = 0.45³ = 0.091125
that is rounded about 0.09 or 9%.
La función de costos para una compañía es C=125q + 13500 y su punto de equilibrio es q=270. Plantear la función de Utilidad
Based on the information given, the total cost incurred based on the equation given as C= 125q + 13500 will be 47250.
From the information given, the cost function is given as C=125q + 13500 while the value of q is given as 270. Therefore, on order to find the cost, we'll slot in the value of q into the equation given. This will be:
C=125q + 13500
C = 125(270) + 13500
C = 33750 + 13500
C = 47250
In conclusion, the cost is 47250.
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find the horizontal and vertical asymptotes of the graph of the function f(x) = 2x^2+1/3x-5
Answer:
HA= None VA= 5/3
Step-by-step explanation:
The HA is none because the bottom part is missing x squared so you add x squared and it will be 2/0 which means it's not possible which means HA= none. VA is 5/3 because you set the denominator to 0 so you add 5 then divide by 3 so the answer for VA is 5/3
