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Assume the following transactions occurred during the year. The annual accounting period ends on December 31.
Jan. 15
Purchased and paid for merchandise for resale at an invoice cost of $15,600. A periodic inventory system is used.
Apr. 1
Borrowed $800,000 from a bank for general use, executing a one-year, 5% note payable
June 14
Received a $12,000 customer deposit for services to be performed in the future.
July 15
Performed $4,250 of the services paid for on June 14.
Dec. 15
Received an electric bill for $25,680. The bill will be paid in early January.
Dec. 31
Determined wages owed to employees to be $13,500 that will be paid on January 2.
Required:
Prepare journal entries for each of the transactions listed. Prepare any required adjusting entries on December 31.
Find the 98% confidence interval on the proportion of all such gloves that are shorter than 9 inches
Present your final solutions as decimal approximations carried out to the third decimal place. Due to the nature of these solutions, no check is required.
To determine whether the system described is a group. G = set of all integers, a.b = a - b
to determine the number of deer in a game preserve the catch 647 deer and taged them later 424 deer are caught, 212 of them are taged. how many deer are in the preserve.
A 100 foot wire is extended from the ground to the top of a 60 foot pole, which is perpendicular to the level ground. To the nearest degree, what is the measure of the angle that the wire makes with the ground.
During the first few weeks of the new television season, the evening news audience proportions were recorded as ABC- 31%, CBS- 34%, and NBC- 35%. A sample of 600 homes yielded the following viewing audience data.
State the research and null hypotheses to test whether or not doctors in this HMO have less experience than the national average at alpha=0.05
Chuck recives loans totaling $12000 from two banks. one bank charges 7.5% annual interest, and the second bank charges 6% annual interest. he paid $840 in total interest in one year. how much was loaned at each bank?
Describe the appropriate sampling distribution model - shape,center and spread - with attention to assumptions and conditions. Make a sketch using the 68-95-99.7 Rule.
Use differentials to estimate the maximum and relative error in the calculated surface area. (Round maximum error to the nearest whole number and relative error to three decimal places.)
A rancher wants to fence in an area of 2000000 square feet in a rectangular field and then divide it in half with a fence down the middle parallel to one side. What is the shortest length of fence that the rancher can use?
the total cost and total revenue functions for a product are cq 5000000 250q 0.002q2 and rq 1250q - 0.005q2a using
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