Fanning Entertainment sells souvenir T-shirts at each rock concert that it sponsors. The shirts cost $14 each. Any excess shirts can be returned to the manufacturer for a full refund of the purchase price. The sales price is $23 per shirt. Required What are the total cost of shirts and cost per shirt if sales amount to 10,000, 10,500, 11,000, 11,500, or 12,000

Agovernment receives a gift of cash and investments with a fair value of $200,000. the donor specified that the earnings from the gift must be used to beautify city-owned parks and the principal must be re-invested. the $200,000 gift should be accounted for in which of the following funds? a) general fund b) private-purpose trust fund c) agency fund d) permanent fund

Selected transactions of the carolina company are listed below. classify each transaction as either an operating activity, an investing activity, a financing activity, or a noncash activity. 1. common stock is sold for cash above par value. 2. bonds payable are issued for cash at a discount

What is an equation of the line in slope intercept formm = 4 and the y-intercept is (0,5)y = 4x-5y = -5x +4y = 4x + 5y = 5x +4