Answer:
10 dollars
Explanation:
First of all you have to arrange the values properly so that the prices would correspond with the quantity demanded or supplied.
After arranging, I found the equilibrium price to be 10 dollars, here we can see that the price of the quantity of goods supplied is the same as the price quantity of goods demanded. The number of goods that were demanded and supplied at this price, 10 dollars is 80 units
why do you think that the decision making is crucial part of your life?give reason.
Answer:
The reason why decision making is a crucial part of life is so we can choose what path to go down and shape our future. Lets say there are two paths when we have to make a decision. The first one is a choice that has not so good consequences. The other is one that has pretty good consequences. It is up to you to make that choice to shape your future.
Explanation:
Hope this helps!!!
External benefits create a market failure because: A. The activities that produce external benefits may not create sufficient private benefits to producers and consumers to warrant their production. B. The activities that produce external benefits only improve the lives of poor people. C. The activities that produce external benefits are too costly to produce. D. External benefits do not improve the lives of individuals. E. The activities that create external benefits may create high external costs that harm communities.
Answer:
C
Explanation:
A good has positive externality if the benefits to third parties not involved in production is greater than the cost. an example of an activity that generates positive externality is research and development. Due to the high cost of R & D, they are usually under-produced. Government can encourage the production of activities that generate positive externality by granting subsidies.
For example, the cost of producing a vaccine to cure a disease might be too high to be borne alone by the researcher. It is for this reason, government usually fund research programs done to develop vaccine
What is an observation quite different from the rest of the data called?
Answer:
2 words china
Explanation:
Assume an investor company acquires for $320,000 an 8% investment in the common stock of an investee company on February 15, 2018. The investor determined the common stock of the investee has a readily determinable fair value. On December 31, 2018, the fair value of the 8% common stock investment is $340,000, and the investor company made made all of the appropriate adjustments in preparation of the annual financial statements. On March 1, 2019, the investor company acquires an additional 17% of common stock of the investee for $765,000, thereby increasing the investor's overall ownership interest to 25%.
Required
a. For this question only, assume instead that the investor determined, on February 15, 2018, that the common stock of the investee does not have a readily determinable fair value. In addition, the investor company determined that the additional 17% common stock purchase on March 1, 2019 does qualify as an observable price change in orderly transaction. Prepare the journal entries the investor company should record on March 1, 2019.
Note: If a journal entry is not required, select "N/A" as your answers for the drop-down options and leave the Debit and Credit answers blank (zero).
Description Debit Credit
To adjust value of investment account.
To record the purchase of additional stock.
b. For this question only, assume instead that the investor determined, on February 15, 2018, that the common stock of the investee does not have a readily determinable fair value. In addition, the investor company determined that the additional 17% common stock purchase on March 1, 2019 does not qualify as an observable price change in orderly transaction. Prepare the journal entries the investor company should record on March 1, 2019.
Note: If a journal entry is not required, select "N/A" as your answers for the drop-down options and leave the Debit and Credit answers blank (zero).
Description Debit Credit
To adjust value of investment account.
To record the purchase of additional stock.
Answer:
1.6 Million.
Explanation:
Jasper Furnishings has $300 million in sales. The company expects that its sales will increase 12% this year. Jasper's CFO uses a simple linear regression to forecast the company's inventory level for a given level of projected sales. On the basis of recent history, the estimated relationship between inventories and sales (in millions of dollars) is as follows:
Inventories=$25+0.125(Sales).
Given the estimated sales forecast and the estimated relationship between inventories and sales, what are your forecasts of the company’s year-end inventory level and its inventory turnover ratio?
Answer:
Sales = $300,000,000
Sales Increase = 12%
Inventories = $25 + 0.125 (Sales)
Forecast sales = $300,000,000 * 1.12 = $336,000,000
As per equation inventory level = $25 + 0.125 (Sales)
= $25 + 0.125 ($336,000,000/1,000,000)
= $25 + $42
= $67 million
Inventory turnover ratio = Sales / Inventory
Inventory turnover ratio = $336,000,000/$67,000,000
Inventory turnover ratio = 5.014925373134328
Inventory turnover ratio = 5.015
If Chelsea decides to wait two years
before making the down payment,
instead of one, how much money
will she have after two years?
When Unraveling the Unit Circle the sine function creates a relationship between the _________and the ________ starting at 0 radians going counter-clockwise. The cosine function creates a relationship between the _________ and the ________ starting at 0 radians going counter-clockwise . The tangent function creates a relationship of the _______ starting at 0 radians going counter-clockwise.
Answer:
Vertical distance
y-axis
Horizontal distance
x-axis
where n are integers
Explanation:
The relationship between x-axis and y-axis is determined by cosine function. The sine and cosine functions have a domain of all real numbers. These distances are determined by the vertical distance ratio.
Use the following data to determine the total amount of working capital.
Novak Corp. Balance Sheet December 31, 2022
Cash $189000
Accounts payable $206000
Accounts receivable 146000
Salaries and wages payable 25000
Inventory 155000
Mortgage payable 246000
Prepaid insurance 94800
Total liabilities $477000
Stock investments (long-term) 264000
Land 255000
Buildings $314000
Common stock $343800
Less: Accumulated depreciation (60000) 254000
Retained earnings 744000
Goodwill 207000
Total stockholders' equity $1087800
Total assets $1564800
Total liabilities and stockholders' equity $1564800 $173800 $353800 $123800 $383800
Answer:
$353,800
Explanation:
Working Capital = Current Assets - Current Liabilities
where,
CA = $146000 + $189000 + $155000 + $94800 = $584,800
CL = $206000 + $25000 = $231,000
therefore,
Working Capital = $584,800 - $231,000 = $353,800
state three essential characteristics of a good leaders
Answer:
The Characteristics & Qualities of a Good Leader
Integrity.
Ability to delegate.
Communication.
Self-awareness.
Gratitude.
Learning agility.
Influence.
Empathy.
Answer:
ghhh función de agosto The Rock Creek and have been for a long time now for the rest in the morning and I will be there and I and my son is in a la medicina y cirugía de las partes involucradas te mando la celula BBDD de las tareas que BBDD PAC gxg de las partes involucradas la
what is the role of financial accounting in a business
Answer:
Financial accounting is responsible for preparing the organization's financial statements—including the income statement, the statement of owner's equity, the balance sheet, and the statement of cash flows—that summarize a company's past performance and evaluate its current financial condition.
Explanation:
Hope it Helps
The usual stated political goal of rent control isGroup of answer choicesto conduct social engineering via economic rules.prices that allow rationing to the highest bidder.to assist the low income at a cost to society, in convenient, affordable housing.to pander to the low income voters by assuring them enough living space.to pander to real estate landlords by assuring them a low occupancy rate.
Answer:
to assist the low income at a cost to society, in convenient, affordable housing.
Explanation:
Rent control can be defined as a process which typically involves keeping the cost of rent within a certain amount that is affordable for the citizens. Therefore, it ensures the amount of money spent as rent doesn't go above the chosen amount or grow at an increased rate.
Price control can be defined as standard restrictions or regulatory conditions that are typically set and enforced by the government of a country.
This ultimately implies that, price controls are used to impose the minimum and maximum prices set by the government, which are to be charged for various goods and services in the market. This minimum price that can be charged such as minimum wage is known as price floor while the maximum price that can be charged such as rent control is known as price ceiling.
Basically, rent control is considered to be a price ceiling.
Hence, the usual stated political goal of rent control is to assist the low income at a cost to society, in convenient, affordable housing.
You are considering investing $1,000 in a T-bill that pays 0.05 and a risky portfolio, P, constructed with 2 risky securities, X and Y. The weights of X and Y in P are 0.60 and 0.40, respectively. X has an expected rate of return of 0.14 and variance of 0.01, and Y has an expected rate of return of 0.10 and a variance of 0.0081. If you want to form a portfolio with an expected rate of return of 0.10, what percentages of your money must you invest in the T-bill, X, and Y, respectively if you keep X and Y in the same proportions to each other as in portfolio P
Answer:
% in T bills = 18.92%, % in P = 81.08%
Explanation:
Portfolio return = Weighted average return
Return of portfolio P = 0.14*0.6 + 0.10*0.4
Return of portfolio P = 0.124
Let % money in T bills be x
0.11 = 0.05*x + 0.124*(1-x)
0.11 = 0.05x + 0.124 - 0.124x
0.014 = 0.074x
x = 18.92%
Hence, % in T bills = 18.92%, % in P = 81.08%
assume that by continuing your education, you increased your yearly earning potential from 21,484 to 39746.
[The following information applies to the questions displayed below.]
The general ledger of Jackrabbit Rentals at January 1, 2021, includes the following account balances:
Accounts Debits Credits
Cash $ 41,500
Accounts Receivable 25,700
Land 110,800
Accounts Payable 15,300
Notes Payable (due in 2 years) 30,000
Common Stock 100,000
Retained Earnings 32,700
Totals $ 178,000 $178,000
The following is a summary of the transactions for the year:
1. January 12 Provide services to customers on account, $62,400.
2. February 25 Provide services to customers for cash, $75,300.
3. March 19 Collect on accounts receivable, $45,700.
4. April 30 Issue shares of common stock in exchange for $30,000 cash.
5. June 16 Purchase supplies on account, $12,100.
6. July 7 Pay on accounts payable, $11,300.
7. September30 Pay salaries for employee work in the current year, $64,200.
8. November 22 Pay advertising for the current year, $22,500.
9. December 30 Pay $2,900 cash dividends to stockholders.
The following information is available for the adjusting entries.
Accrued interest on the notes payable at year-end amounted to $2,500 and will be paid January 1, 2022. Accrued salaries at year-end amounted to $1,500 and will be paid on January 5, 2022. Supplies remaining on hand at the end of the year equal $2,300.
Record closing entries. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)
Answer:
3.2 Million
Explanation:
Paint packaged in aerosol cans is dangerous because it has a risk of ___________.
Polluting
Leaking
Exploding
Spilling
Paint packaged in aerosol cans is dangerous because there is always a risk of explosion of paints from such cans. Therefore, the option C holds true.
What is the significance of explosion?Explosion can be referred to or considered as a phenomenon of physics wherein there is an outburst of the materials or matter contained inside any such container due to extreme pressure being built up inside the walls of such container.
An aerosol can is such a can which is filled with tight gases to make or build pressure inside the container. When it is filled with paints, the chemicals of gas and paint may react together and lead to explosion due to building up of extreme amount of pressure.
Therefore, the option C holds true regarding the significance of explosion.
Learn more about explosion here:
https://brainly.com/question/8735140
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The following data are given for Harry Company: Budgeted production 1,079 units Actual production 936 units Materials: Standard price per ounce $1.91 Standard ounces per completed unit 10 Actual ounces purchased and used in production 9,641 Actual price paid for materials $19,764 Labor: Standard hourly labor rate $14.04 per hour Standard hours allowed per completed unit 4.8 Actual labor hours worked 4,820 Actual total labor costs $78,325 Overhead: Actual and budgeted fixed overhead $1,156,000 Standard variable overhead rate $27.00 per standard labor hour Actual variable overhead costs $134,960 Overhead is applied on standard labor hours. (Round interim calculations to the nearest cent.) The direct labor rate variance is
Answer:
Direct labor rate variance= $10,652.2 unfavorable
Explanation:
Giving the following information:
Labor: Standard hourly labor rate $14.04 per hour
Actual labor hours worked 4,820
Actual total labor costs $78,325
To calculate the direct labor rate variance, we need to use the following formula:
Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity
Actual rate= 78,325/4,820= $16.25
Direct labor rate variance= (14.04 - 16.25)*4,820
Direct labor rate variance= $10,652.2 unfavorable
the ____ is a federal government agency that offers both managerial and financial assistance to small businesses
On December 31, 2019, Barton, Inc. leased lab equipment with a fair value of $1,650,000 from Banner Rentals Co. The agreement is a six-year noncancelable lease requiring annual payments of $328,600 beginning December 31, 2019. The guaranteed residual value is $200,000, but Barton expects the equipment to be worth $0 at the end of the lease. The lease is appropriately accounted for by Barton as a finance lease. Barton’s incremental borrowing rate is 10%. Barton does not know the interest rate implicit in the lease payments is 11%. The present value of an annuity due of 1 for 6 years at 10% is 4.7908. The present value of an annuity due of 1 for 6 years at 11% is 4.6959. The present value of 1 for 6 years at 10% is 0.56447. The present value of 1 for 6 years at 11% is 0.53464. In its December 31, 2019 balance sheet, Barton should report a lease liability of
M/J Business Keyboarding Guided Notes Module 1
Module 1: Keyboarding Basics
1.1 The Basics
Vocabulary Terms
touch typing
muscle memory
ergonomics
repetitive strain injuries (RSI)
carpal tunnel syndrome
Guided Questions
How can you arrange your workstation to
apply proper ergonomics?
When typing, what are the characteristics of
correct ergonomics and proper typing
posture?
How do correct ergonomic habits contribute
to proper keyboarding and prevent injury
when typing?
What are some strategies you should follow
to prevent RSI?
When working on a laptop or on a tablet,
how can you apply proper ergonomics?
What do you need to know about the
QWERTY keyboard to learn how to type?
Where are these keys located on the
keyboard and what is the purpose of each?
Home Row / Home Keys, Spacebar, Shift,
Enter, Tab, Backspace, Caps Lock
How should you position your fingers on the
home row?
Why is using the home row important to
typing mastery?
How do the buttons and special keys help
you navigate the Typing Tool?
M/J Business Keyboarding Guided Notes Module 1
1.02 Home Row F and J
Vocabulary Terms
workstation
ergonomics
home row keys
typing technique
Guided Questions
Where should you position your fingers to
before you start typing?
How can you find the F and J keys without
looking at the keyboard?
Which finger do you use to type the F key?
The J key? The space bar?
1.03 Input, Output, Storage, and Memory
Vocabulary Terms
Central Processing Unit (CPU)
peripherals
input device
output device
USB (Universal Serial Bus) connector
memory
storage memory
random access memory (RAM)
read-only memory (ROM)
storage devices
Guided Questions
What is the purpose of each of these
computer peripherals? What are examples
of each?
o an input device
o an output device
Which peripherals can be both and input
and output devices?
How do input and output devices connect to
a computer?
What is the purpose of different types of
computer memory? What are examples of
each?
What is the purpose different storage
devices? What are examples of each?
What is “the cloud?”
1.04 – 1.06: Home Row D and K / Home Row S and L / Home Row A and ;
M/J Business Keyboarding Guided Notes Module 1
Vocabulary Terms
home row
workstation
ergonomics
typing technique
Guided Questions
Where should you position your fingers to
before you start typing?
Which finger do you use to type each of
these keys?
D K S L
A ; Space Bar
1.07 Computer Maintenance
Vocabulary Terms
Guided Questions
Why is it important to properly care for your
computer and electronic devices?
What are some things you should DO and
should NOT DO to properly care for your
computer (hardware and software)?
Why are software updates important?
Why is it important to clean your computer
and workspace regularly?
How should you clean each of these
computer parts? Why?
o keyboard
o mouse or trackpad
o screen or monitor
1.08 Home Row G, H, Enter
Vocabulary Terms
reach keys
home row
workstation
ergonomics
typing technique
Guided Questions
Which keys are the reach keys?
Where should you position your fingers to
before you start typing?
Which finger do you use to type these keys?
G H ENTER
Space Bar
M/J Business Keyboarding Guided Notes Module 1
1.09 Home Row Review
Vocabulary Terms
Guided Questions
What are the different parts/components of
a computer system and why are they
important?
Why are storage devices (USB flash drives,
external hard drives, and cloud storage)
helpful?
Why is it helpful to know the parts of a
computer system and how to care for it?
What are some proper computer
ergonomics practices to type pain free and
avoid injury?
What do you remember about which fingers
to use when typing the home row keys?
Left Hand
Fingers Keys Keys Right Hand
Fingers
pinky finger pinky finger
ring finger ring finger
middle finger middle finger
index finger index finger
thumb thumb
Answer: thanks
Explanation:
The SEC has lifted its requirement that foreign companies, which have used IFRS as the basis for preparing their financial statements, must reconcile their financial statements using U.S. GAAP in order to be eligible to list their shares on U.S. stock exchanges. When did this happen
Answer: November 2007
Explanation:
The SEC came to a conclusion to remove the requirement that restricted foreign private issues from using IFRS from reconciling their financial statement to the U.S GAAP. The reason for this move was because the SEC recognizes IFRS having high quality set of accounting rules which they believe is capable of ensuring adequate disclosure for the protection of investors. This was their reason for the allowance
Help I’ll give you 30 pts
Answer:
Dejé caer las pastillas
Ellas perdieron la recepie
Tengo la radiografia
Explanation:
aquí ypu va! ¡Espero que esto ayude!
Paige independently owns and operates HiZ Inc., a company with 22 employees. She manages aggressively and expects rapid sIn the context of the entrepreneurial strategy matrix, a new pasanger vehicel is most likely to have the highest risks and returns.ales and profit growth. Paige's company is considered a(n) ________ venture.
Answer:
entrepreneurial
Explanation:
An entrepreneurial venture is a small business that has the potential to grow very rapidly and be very profitable. They are managed by entrepreneurs that are trying to introduce a new project or service. They have the potential to yield very high profits, but they are also extremely risky.
What will happen to the equilibrium price and quantity of airline fares as a result of the following two simultaneous changes (assume no other changes): I. the recent recession has encouraged people to save more, so fewer people decide to go on vacation. II. higher oil prices and weather-related difficulties have increased the cost of providing airline services.
Answer:
Equilibrium quantity would increase. there would be an indeterminate effect on equilibrium price
Explanation:
If fewer people go on vacation fewer people would board planes. As a result, the demand curve for planes would shift inwards. This would lead to a decrease in equilibrium price and quantity.
As a result of the higher cost of providing services, fewer planes would be in operation. This would lead to an inward shift of the supply curve. Equilibrium price would increase and equilibrium quantity would decrease.
Taking this two effects together, equilibrium quantity would increase. there would be an indeterminate effect on equilibrium price.
Majestic Bank offers loans at various interest rates, depending on the nature of the loan.
Kevin wants to borrow $230,000 for a new home. He promises to pay back the loan in 10 years. Maria also wants to borrow $230,000 for a new home. She promises to pay back the loan in 15 years. Assume Kevin and Maria are equally creditworthy and that the two home mortgages are the same in all other aspects.
If all else is constant, the bank would most likely charge a higher interest rate to (Kevin/Maria) .
Answer:
Maria
Explanation:
Assuming all other factors are held constant, the bank would likely charge a higher interest rate to Maria because she intends to pay back the loan after a longer period of time than Kevin.
We need to remember the bank makes a profit from loans issued out to ist debtors, so a longer-term loan would result in higher interest rates for the party involved.
PAKSA : ANG PAGHAHANAP BUHAY NG MGA INA SA TAHANAN ANG SINASABING DAHILAN SA PAGKALIGAW NG LANDAS NG MARAMING ANAK O KABATAAN. SANG AYON / SALUNGAT
What do you think is the most important skill a judge can possess
Answer:
The decision making skill because it's hard for a judge to make the right decision.
Naya has done a lot of shopping recently. Which receipt should she probably keep the longest? *
CVS receipt for a juice and a pack of ponytail holders
Mall store for 5 shirts and 2 pants, all of which she's tried on and fit
Restaurant receipt for sandwich, salad, and lemonade
Target receipt for bluetooth headphones for her and a popular toy for her niece's birthday
Target receipt...
Explanation:
she tried on the clothes at the mall so she knows they fit and wont have to return them....she only got juice and stuff for her hair at CVS.... and a reciept for somthing she alredy ate is not going to be important...
On April 1, 20Y8, Maria Adams established Custom Realty. Maria completed the following transactions during the month of April:
a. Opened a business bank account with a deposit of $25,000 in exchange for common stock.
b. Purchased supplies on account, $2,520.
c. Paid creditor on account, $1,590.
d. Earned sales commissions, receiving cash, $25,700.
e. Paid rent on office and equipment for the month, $5,040.
f. Paid dividends, $8,000.
g. Paid automobile expenses for month, $2,420, and miscellaneous expenses, $1,160.
h. Paid office salaries, $3,030.
i. Determined that the cost of supplies on hand was $850; therefore, the cost of supplies used was $1,670.
Required:
Indicate the effect of each transaction and the balances after each transaction.
Answer:
Cash + Supplies = Accounts Payable + common stock - dividends + sales commission - Rent expense.
$20,000 + 2,520 = $2,520 - $1,590 + 25,700 - $5,040 - $8,000 - $2,420 - $1,160 - $3,030 - $850
Explanation:
The effect of transaction is listed above. The effect will be on the balance sheet. These transaction have impacts on various accounts assets side is impacted and liability side is impacted. Equity is affected when there is payment of dividends and stock capital issuance.
Taveras Corporation is currently operating at 50% of its available manufacturing capacity. It uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, the company made the following estimates: Machine-hours required to support estimated production 260,000 Fixed manufacturing overhead cost $ 5,720,000 Variable manufacturing overhead cost per machine-hour $ 2.00 Required: 1. Compute the plantwide predetermined overhead rate. 2. During the year, Job P90 was started, completed, and sold to the customer for $4,400. The following information was available with respect to this job: Direct materials $ 2,024 Direct labor cost $ 1,452 Machine-hours used 91 Compute the total manufacturing cost assigned to Job P90.
Answer:
Results are below.
Explanation:
First, we need to calculate the predetermined overhead rate:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= (5,720,000 / 260,000) + 2
Predetermined manufacturing overhead rate= $24 per machine hour
Now, we can determine the total cost of Job P90:
Total cost= 2,024 + 1,452 + (91*24)
Total cost= $5,660
The following trial balance of Sheffield Co. does not balance
SHEFFIELD CO. TRIAL BALANCE JUNE 30, 2017
Debit Credit
Cash $3,227
Accounts Receivable $3,588
Supplies 1,157
Equipment 4,157
Accounts Payable 3,023
Unearned Service Revenue 1,557
Common Stock 6,357
Retained Earnings 3,357
Service Revenue 2,737
Salaries and Wages Expense 3,757
Office Expense 1,297
Totals $15,513 $18,701
Each of the listed accounts should have a normal balance per the general ledger. An examination of the ledger and journal reveals the following errors.
1. Cash received from a customer on account was debited for $570, and Accounts Receivable was credited for the same amount. The actual collection was for $750.
2. The purchase of a computer printer on account for $857 was recorded as a debit to Supplies for $857 and a credit to Accounts Payable for $857.
3. Services were performed on account for a client for $890. Accounts Receivable was debited for $890 and Service Revenue was credited for $89.
4. A payment of $422 for telephone charges was recorded as a debit to Office Expense for $422 and a debit to Cash for $422
5. When the Unearned Service Revenue account was reviewed, it was found that service revenue amounting to $682 was performed prior to June 30 (related to Unearned Service Revenue)
6. A debit posting to Salaries and Wages Expense of $1,027 was omitted.
7. A payment on account for $206 was credited to Cash for $206 and credited to Accounts Payable for $260
8. A dividend of $932 was debited to Salaries and Wages Expense for $932 and credited to Cash for $932.
Prepare a correct trial balance. Answer the missing blank part.
SHEFFIELD CO. TRIAL BALANCE JUNE 30, 2017
Debit Credit
Cash $2563 $
Accounts Receivable 3408
Supplies 300
Equipment _____
Accounts Payable 2557
Unearned Service Revenue 875
Common Stock 6357
Retained Earnings 3357
Dividends 932
Service Revenue 4220
Office Expense _____
Salaries and Wages Expense _____
Totals 17366 17366
Answer:
Explanation:
1. The cash balance is as follows:
Cash:
Balance stated in $3227
Cash Collected from -
customer misposted $180
Wrong debit for telephone -
charges $422
Telephone charges $422
Revised Balance $2563
2.
Balance on account receivable ($3408) is gotten by removing $180 (i.e $750 - $570) from $3588.
3.
Supplies = $1,157 - $857 = #300
4.
Equipment: $857 + $4157(computer printer worth) = $5014
5. Accounts Payable:
Balance stated in Trial Balance $3023
Wrong credit to Accounts Payable $260
Payment on account $206
Balance $2557
6.
Unearned Service Revenue = $1557 - $682 (Revenue portion ) = $875
7. No changes occurred in common stock and retained earnings.
8.
Service revenue = unearned revenue ($2737) + $682(revenue portion) + $801(under posting)
Service revenue = $4220
9.
Salaries and wages = $3757 + ($1027) ommission - $932(dividend)
Salaries and wages = $3852
10.
No changes occurred in Office expenses.
11.
Dividened expense = $932
Sheffield Co Trial Balance can be computed as follows:
Accounts Debit Credit
Cash $2563
Accounts Receivable $3408
Supplies $300
Equipment $5014
Accounts Payable $2557
Unearned Service Revenue $875
Common stock $6357
Retained Earnings $3,357
Service Revenue $4220
Salaries & Wages expense $3852
Office Expenses $1297
Dividend $932
$17,366 $17,366