Accounts Payable $66,500 Accumulated Depreciation- Fishing Boats 1,000 Bob Night, Capital 90,000 Bob Night, Drawing 6,000 Cash 130,650 Depreciation Expense-Fishing Boats 1,000 Fishing Boats 60,000 Food Supplies 8,000 Food Supplies Expense 30,700 Insurance Expense 1,500 Office Supplies 100 Office Supplies Expense 400 Postage Expense 150 Prepaid Insurance 7,500 Registration Fees 171,700 Rent Expense 40,000 Phone Expense 1,200 Utilities Expense 2,000 Wages Expense 40,500 Wages Payable 500Adjustment information for the end of April is provided below. (a)Office supplies remaining on hand, $100.
(b)Food supplies remaining on hand, $8,000.
(c)Insurance expired during the month of April, $1,500.
(d)Depreciation on the fishing boats for the month of April, $1,000.
(e)Wages earned, but not yet paid, at the end of April, $500.
Required:
Journalize the adjusting entries (page 5). Do not enter the posting references until you complete part 6.

Do a swot analysis for the business idea you chose in question 2 above. describe at least 2 strengths, 2 weaknesses, 2 opportunities, and 2 threats for that company idea.

Melissa buys an iphone for $240 and gets consumer surplus of $160. a. what is her willingness to pay? b. if she had bought the iphone on sale for $180, what would her consumer surplus have been?

Exercise 12-7 shown below are comparative balance sheets for flint corporation. flint corporation comparative balance sheets december 31 assets 2017 2016 cash $ 201,348 $ 65,142 accounts receivable 260,568 225,036 inventory 494,487 559,629 land 236,880 296,100 equipment 769,860 592,200 accumulated depreciation—equipment (195,426 ) (94,752 ) total $1,767,717 $1,643,355 liabilities and stockholders’ equity accounts payable $ 115,479 $ 127,323 bonds payable 444,150 592,200 common stock ($1 par) 639,576 515,214 retained earnings 568,512 408,618 total $1,767,717 $1,643,355 additional information: 1. net income for 2017 was $275,373. 2. depreciation expense was $100,674. 3. cash dividends of $115,479 were declared and paid. 4. bonds payable amounting to $148,050 were redeemed for cash $148,050. 5. common stock was issued for $124,362 cash. 6. no equipment was sold during 2017. 7. land was sold for its book value. prepare a statement of cash flows for 2017 using the indirect method.