On april 1, tamarisk, inc. began operations. the following transactions were completed during the month.1. issued common stock for $21,600 cash.2. obtained a bank loan for $6,300 by issuing a note payable.3. paid $9,900 cash to buy equipment.4. paid $1,100 cash for april office rent.5. paid $1,300 for supplies.6. purchased $540 of advertising in the daily herald, on account.7. performed services for $16,200: cash of $1,800 was received from customers, and the balance of $14,400 was billed to customers on account.8. paid $360 dividend to stockholders.9. paid the utility bill for the month, $1,800.10. paid daily herald the amount due in transaction (6).11. paid $40 of interest on the bank loan obtained in transaction (2).12. paid employees’ salaries, $5,760.13. received $10,800 cash from customers billed in transaction (7).14. paid income tax, $1,350.journalize the transactions. (if no entry is required, select "no entry" for the account titles and enter 0 for the amounts. credit account titles are automatically indented when amount is entered. do not indent manually.)

When slick heating company switched to an activity based costing system, it realized that it was allocating a much lower percentage of factory overhead to a product line that the marketing department was trying to push. the product line may contain which type of products?

Assume that all of thurmond company’s sales are credit sales. it has been the practice of thurmond company to provide for uncollectible accounts expense at the rate of one-half of one percent of net credit sales. for the year 20x1 the company had net credit sales of $2,021,000 and the allowance for doubtful accounts account had a credit balance, before adjustments, of $630 as of december 31, 20x1. during 20x2, the following selected transactions occurred: jan. 20 the account of h. scott, a deceased customer who owed $325, was determined to be uncollectible and was therefore written off. mar. 16 informed that a. nettles, a customer, had been declared bankrupt. his account for $898 was written off. apr. 23 the $906 account of j. kenney & sons was written off as uncollectible. aug. 3 wrote off as uncollectible the $750 account of clarke company. oct. 20 wrote off as uncollectible the $1,130 account of g. michael associates. oct. 27 received a check for $325 from the estate of h. scott. this amount had been written off on january 20 of the current year. dec. 20 cater company paid $7,000 of the $7,500 it owed thurmond company. since cater company was going out of business, the $500 balance it still owed was deemed uncollectible and written off. required: prepare journal entries for the december 31, 20x1, and the seven 20x2 transactions on the work sheets provided at the back of this unit. then answer questions 8 and 9 on the answer sheet. t-accounts are also provided for your use in answering these questions. 8. which one of the following entries should have been made on december 31, 20x1?

How much are you willing to pay for a zero that matures in 10 years, has a face value of $1,000 and your required rate of return is 7%? round to the nearest cent. do not include a dollar sign in your answer. (i.e. if your answer is $432.51, then type 432.51 without $ sign)