subject
Business, 18.09.2019 04:20 christyr2002

Income statement and balance sheet
the records of r. levy, interior decorator, show the following information for the year-end december 31, 2016:
notes payable $16,000 supplies $24,400
decorating fees earned 270,400 cash 16,800
insurance expense 6,000 accounts receivable 42,400
supplies expense 38,800 advertising expense 6,800
miscellaneous expense 800 salaries expense 120,000
common stock 46,400 rent expense 30,000
retained earnings ? accounts payable 7,200
required
prepare an income statement for the year.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 16:20
There are three factors that can affect the shape of the treasury yield curve (r* t , ip t , and mrp t ) and five factors that can affect the shape of the corporate yield curve (r* t , ip t , mrp t , drp t , and lp t ). the yield curve reflects the aggregation of the impacts from these factors. suppose the real risk-free rate and inflation rate are expected to remain at their current levels throughout the foreseeable future. consider all factors that affect the yield curve. then identify which of the following shapes that the us treasury yield curve can take. check all that apply.a. downward-sloping yield curveb. upward-sloping yield curvec. inverted yield curve
Answers: 1
question
Business, 22.06.2019 22:30
Which of the following describes one of the ways that the demographics of an area affect the price of housing in that area? a. when more people have children, their incomes tend to be higher and the housing prices are also higher. b. older people are more likely to stay in their houses, creating a seller's market that keeps prices low. c. an area with a lower population density won't have enough construction workers to build new houses quickly. d. an area with younger people will have a higher demand for rentals and a lower demand for buying.
Answers: 1
question
Business, 22.06.2019 22:30
The answer here, x=7, is not in the interval that you selected in the previous part. what is wrong with the work shown above?
Answers: 1
question
Business, 23.06.2019 02:30
Markets and competition in a perfectly competitive market, all producers sell identical goods or services. additionally, there are many buyers and sellers. because of these two characteristics, both buyers and sellers in perfectly competitive markets are pricetakers . true or false: the market for lettuce does exhibit the two primary characteristics that define perfectly competitive markets. true false
Answers: 2
You know the right answer?
Income statement and balance sheet
the records of r. levy, interior decorator, show the follow...
Questions