P1-1A On April 1, Julie Spengel established Spengel's Travel Agency. The following trans-
actions were completed during the month.
1. Invested $15,000 cash to start the agency.
2. Paid $600 cash for April office rent.
3. Purchased equipment for $3,000 cash.
4. Incurred $700 of advertising costs in the Chicago Tribune, on account.
5. Paid $900 cash for office supplies.
6. Performed services worth $10,000: $3,000 cash is received from customers, and the
balance of $7,000 is billed to customers on account.
7. Withdrew $600 cash for personal use.
8. Paid Chicago Tribune $500 of the amount due in transaction (4).
9. Paid employees' salaries $2,500.
10. Received $4,000 in cash from customers who have previously been billed in transac-
tion (6).
Instructions
(a) Prepare a tabular analysis of the transactions using the following column headings:
Cash, Accounts Receivable, Supplies, Equipment, Accounts Payable, Owner's Capital,
Owner's Drawings, Revenues, and Expenses.
(b) From an analysis of the owner's equity columns, compute the net income or net loss
for April.
Answers
a) The preparation of a tabular analysis of the transactions for Spengel's Travel Agency using the following headings is as follows:
Assets
Cash Accounts Supplies Equipment Accounts Owner's Owner's
Receivable Payable Capital Drawings
1. $15,000 $15,000
2. (600) (600)
3. (3,000) $3,000
4. $700 (700)
5. (900) $900
6. 3,000 $7,000 10,000
7. (600) (600)
8. (500) (500)
9. (2,500) (2500)
10. 4,000 (4,000)
$13,900 $3,000 $900 $3,000 $200 $21,200 ($600)
Tabular Columns continued:
Revenues Expenses
2. 600
4. 700
6. 10,000
9. 2500
Total $10,000 $3,800
What is a tabular analysis?A tabular analysis of transactions is an accounting-based analysis using tables. A tabular analysis is a form of quantitative analysis.
b) Based on an analysis of the owner's equity columns, the net income is $6,200.
Net income = $6,200 ($10,000 - $3,800) or ($21,200 - $15,000)
Thus, the determination of the net income or net loss from the owner's equity columns is given as Ending equity + liabilities minus Beginning equity + liabilities (or revenue minus expenses).
Learn more about determining the net income at https://brainly.com/question/11110287
Related Questions
Simplify
7^8x7^3x7^4/7^9x7^5
Answers
Answer:
x^222/7
Step-by-step explanation:
Equation at the end of step 3: x74
((78 • x73) • ———) • x75
79
STEP 4 :Multiplying exponential expressions : 4.1 x147 multiplied by x75 = x(147 + 75) = x222
How do you solve this multiplying decimals problem 0.14 x 0.27 ?
Answers
Answer:
0.0378[tex]\begin{gathered} \: \end{gathered}[/tex]
[tex] \tt0.14 \times 0.27[/tex][tex] \tt = \red{0.0378}[/tex][tex]\begin{gathered} \: \end{gathered}[/tex]
∫(2x^3-x^2-2x+4)/(1+x^2)dx
Answers
Simplify the integrand as
[tex]\dfrac{2x^3 - x^2 - 2x + 4}{1 + x^2} = \dfrac{(2x^3 + 2x) - (x^2 + 1) - 4x + 5}{x^2 + 1} \\\\ = \dfrac{2x(x^2 + 1) - (x^2 + 1) - 4x + 5}{x^2 + 1} \\\\ = 2x - 1 - \dfrac{4x - 5}{x^2 + 1}[/tex]
(in other words, compute the quotient and remainder)
We can further split up and prepare the remainder term for integration by rewriting it as
[tex]\dfrac{4x - 5}{x^2 + 1} = 2\times\dfrac{2x}{x^2 + 1} - \dfrac5{x^2 + 1}[/tex]
Now we integrate:
[tex]\displaystyle \frac{2x^3 - x^2 - 2x + 4}{1 + x^2} \, dx = \int \left(2x - 1 - 2\times\frac{2x}{x^2+1} + \frac5{x^2+1}\right) \, dx[/tex]
[tex]\displaystyle = x^2 - x - 2 \int \frac{2x}{x^2+1} \, dx + 5 \int \frac{dx}{x^2+1}[/tex]
In the first remaining integral, substitute y = x² + 1 and dy = 2x dx. In the last integral, recall that d/dx [arctan(x)] = 1/(x² + 1).
[tex]\displaystyle = x^2 - x - 2 \int \frac{dy}y + 5 \int \frac{dx}{x^2+1}[/tex]
[tex]\displaystyle = x^2 - x - 2 \ln|y| + 5 \arctan(x) + C[/tex]
[tex]\displaystyle = \boxed{x^2 - x - 2 \ln(x^2+1) + 5 \arctan(x) + C}[/tex]
what is the inequality shown
Answers
Answer:
[tex] - 3 \leqslant x < 2[/tex]
Step-by-step explanation:
the black dot on -3 represents less than equal to X and the white dot on 2 represents X is less than 2
with any set of scores that is normally distributed what percentage of the total area falls,
1. between the mean and a score that lies one standard deviation below the mean?
2. above a score that lies one standard deviation below the mean and one standard deviation above the mean?
3. between a score that lies two standard deviations below the mean and two standard deviations above the mean?
Answers
Answer:
1.) Approximately 68%We can summarize use of the standard deviation as a yardstick with the Empirical Rule, also known as the 68-95-99.7% Rule. In any normal distribution with mean μ and standard deviation σ : Approximately 68%of the data fall within one standard deviation of the mean.
Step-by-step explanation:
1. If there is a decrease of 31 percent, what decimal do we multiply by to get the amount after the decrease?
2. If there is an increase of 16 percent, what decimal do we multiply by?
Answers
Answer:
1. 0.69
2. 1.16
Step-by-step explanation:
1.
Decrease of 31% = 100% - 31% = 69%
Convert 69% to a decimal = 69/100 = 0.69
2.
Increase of 16% = 100% + 16% = 116%
Convert 116% to a decimal = 116/100 = 1.16
4. Funds are like the ultimate in one stop shopping (investing)
True
False
Answers
True
Julian is taking an Indian cooking class. To practice, he makes a meal for his family. He uses 1 cup of cream to make chicken curry. He also uses 3 cups of cream to make cinnamon rice pudding. How many pints of cream does Julian use for this meal? pints
Answers
Answer:
He uses 2 pints.
Step-by-step explanation:
One cup equals 0.5 pints, if he used 4 cups of the cream total, we'd do 0.5 x 4 which gives us 2
A water pipe is leaking 2 1⁄4 litres of water every hour. How long will it take 5 2⁄5 litres of water?
Answers
Answer:
above is the solution to the question
max points easy math problem
Answers
Solution:
Given:
x = -4y = 4Substitute the values into the equation:
x⁶ - x/4y=> [(-4)⁶] - (-4)/4(4)Simplify the numerator and the denominator:
=> [(-4) x (-4) x (-4) x (-4) x (-4) x (-4)] + 4/16=> [(-64) x (-64)] + 4/16=> [4096] + 4/16=> 4100/16Simplify the fraction:
=> 4100/16=> 1025 x 4/4 x 4=> 1025/4Correct option is B.
Answer:
[tex][-\frac{1023}{4} ][/tex]
Step-by-step explanation:
[tex]\frac{x^6-x}{4y}[/tex]
x = -4
y = 4
Replace all the variables with the corresponding values given:
[tex]\frac{-4^6-(-4)}{4(4)}[/tex]
Now solve,
-4 to the power of 6 is equal to -4096
[tex]\frac{-4096-(-4)}{4(4)}[/tex]
we see that we are subtracting a negative number, meaning that it'll cancel out and turn into an addition sign. Therefore:
[tex]-4096 + 4[/tex]
[tex]-4092[/tex]
[tex]\frac{-4092}{4(4)}[/tex]
4(4) is equal to 16
[tex]\frac{-4092}{16}[/tex]
When divided, you'll get a mixed fraction of [tex]-255\frac{3}{4}[/tex]
To turn into an improper fraction, simply multiply the whole number by the denominator, then add the numerator to the result.
[tex]-255 * 4 + 3[/tex]
[tex][-\frac{1023}{4} ][/tex]
Point P is called the center of
Answers
Answer:
Point P is the center of Rotation.
Identify whether each phrase is an expression, equation, or inequality.
Answers
Answer:
Step-by-step explanation:
Expression => | -2 |
Equation => 6 - 1 = 2 + 3
Inequality => 8^m > 64
Answers:
Expression is [tex]|-2|[/tex]
Equation is [tex]6-1 = 2+3[/tex]
Inequality is [tex]8^m > 64[/tex]
====================================================
Explanation:
If it has an equal sign, then it's an equation.
If it has an inequality sign of one of the following [tex]< , \ > , \ \le, \ \ge[/tex], then it's an inequality.
Otherwise, it's an expression.
What is the factored form for the quadratic function?
Answers
Answer:
Step-by-step explanation:
The factored form of a quadratic function is f (x) = a (x - p) (x - q) where p and q are the zeros of f (x).
Jaidee reduced the size of a photo to a
height of 4 in. What is the new width if it
was originally 10 in wide and 20 in tall?
Answers
Answer:
The width would be 8.
Hope this helps!! PLEASEEE give Brainlist!!
A line passes through the point (4,-2) and is perpendicular to the line with the
equation y = 2/3x+4. What's the equation of the line?
Answers
Step-by-step explanation:
the whole solution is in the picture
what is the probability of spinning an A if you have 2 A on the 6 letter spinner?
Answers
Answer:
1/3
Step-by-step explanation:
p(A) = (number of A's on the spinner)/(total number of letters on the spinner)
p(A) = 2/6 = 1/3
The Kaaba is one of Islam's holiest shrines. In what city is it located?
a.
Cairo
c.
Riyadh
b.
Medina
d.
Mecca
please help
Answers
D is the answer
The y- intercept is when x= ?
Answers
Answer:
The y-intercept is the point at which the graph crosses the y-axis. At this point, the x-coordinate is zero. To determine the x-intercept, we set y equal to zero and solve for x. Similarly, to determine the y-intercept, we set x equal to zero and solve for y.
Step-by-step explanation:
hope it helps
Evaluate the expression 3× 2t if t equals 4
Answers
And
t = 4
Can you rewrite this with 4 where the t is
If m aed is 48°, then possible measurements for arc ad and arc bc respectfully are:
Answers
Answer:
it's going to be 30 and 18
The possible measurements for arc AD and arc BC are 130° and 34° respectively.
What is Circle?Circle is a two dimensional figure which consist of set of all the points which are at equal distance from a point which is fixed called the center of the circle.
Given is a circle.
We have the outside angle formed by the two secants is ∠AED and the measure for it is 48°.
Outside Angle Theorem states that " the measure of an angle which is formed by joining two tangents, or two secants, or one of either of them is equal to the measure of half of the difference of the intercepted arcs.
Here outside angle, ∠AED = 48°
Intercepted arcs are AD and BC.
Using the theorem,
∠AED = (Arc AD - Arc BC) / 2
This holds only if AD = 130° and BC = 34°.
(130 - 34) / 2 = 48
Hence the correct option is D. 130° and 34°.
Learn more about Circle Arcs here :
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How many capulets and montages are there
Answers
Answer:
i think the answer would be 4c + 6m = 100, 8c + 12m = 200
Step-by-step explanation:
can you help me solve for slope
Answers
y = mx + c
m is the gradient
c is the y intercept
Do you know how to find the gradient
estellano Rosales, FABIAN A cone and a cylinder with their dimensions are shown in the diagram. 8 in. 8 in. A - 6 in. - 6 in. Which measurement is closest to the difference between the volumes of these figures in cubic inches?
Answers
Answer:151 in.³
Step-by-step explanation:
Can someone tell me what is 1350 divided by 225 step by step?
Answers
225) 1350
1350
6
solve the z for 57--10z+7
Answers
Answer: 57=-10z+7 Answer: z=-- -
Step-by-step explanation: 57=-10z+7 Answer: z=-- -
a. Mr. Gordon works with Ms. Patel from the Example. Mr. Gordon writes the expression 3x + 4x to represent the cost of ordering posterboards and stick-c letters for x students. What information does 3x + 4x tell you about the situation that the other expressions do not?
Answers
Answer:
$162
Step-by-step explanation:
5r=20 10p=100 14t=42
100+42+20=162
5r+10p+14t=$162
Based on the results in the table, which is the best prediction of how many times Paola will draw a blue or a red marble in 5,000 trials?
Answers
Answer:
about 4,400 times
Step-by-step explanation:
its simple
you run a delivery service between two small islands which are connected by a bridge and connected to the mainland by several bridges as shown in the picture below. the river separates the top mainland from the bottom mainland. you cannot get from the top of the mainland to the bottom of the mainland without passing through an island.
Answers
Answer:
"Through" (and any subsequent words) was ignored because we limit queries to 32 words.
solve this with an explantion i will say thanks
Answers
Answer: x=5
Step-by-step explanation:
divide both sides by the numeric factor on the left side, then that will give the answer for x
15x-8=52
Add 8 to both sides of the equation
12x-8=52
12x-8+8=52+8
Simply
Add the numbers
12x=60
Divide both sides of the equation by the same term
12x=60
Divide both side by 12
X=5
Use the Factor Theorem to determine whether x-2 is a factor of P(x) = -x^4 + x^3 - x + 7.
Specifically, evaluate P at the proper value, and then determine whether x+2 is a factor.
P(?) =?
is x-2 a factor of P(x)
Is x-2 not a factor pf P(x)
Answers
Answer: WE have to find if x + 3 is a factor
Here's how we do it :
x + 3 = 0
x = -3
Plug that in :
(-3)^4 + 2(-3)^3 - 2(-3) - 6
81 - 54 + 6 - 6
27
So, when we divide, we get a remainder of 27. This is not zero.
So, since f(a) was not zero, (x - a) is not a factor
P(-3) = 27 ---> ANSWER
Thus here (x + 3) is NOT a factor ---> ANSWER
