## Answers

Income Statement | |

Service revenue | 30,000 |

Less: Expenses | |

salaries expense | -4,500 |

Miscellaneous expense | -20,000 |

Net Income | $5,500 |

Statement of Retained Earnings | |

Retained earnings beginning | 8,000 |

Net Income | 5,500 |

13,500 | |

Dividends | -3,000 |

Retained earnings, ending | $10,500 |

Retained earnings reported in the balance sheet = $10,500

*Kindly comment if you need further assistance. Thanks‼!*

#### Similar Solved Questions

1 answer

##### A child throws a ball straight upwards to his friend who is sitting in a tree...

A child throws a ball straight upwards to his friend who is sitting in a tree 14 ft above ground level. The ball leaves his hand at a height of 3 feet with an initial velocity of 30 ft/sec. Use this information to answer the following questions. Be sure to show all steps of your work using the equat...

1 answer

##### I need help on these C++ problems please. Thanks Same problem 5 5 zy 20.3. Loop-modifying...

I need help on these C++ problems please. Thanks Same problem 5 5 zy 20.3. Loop-modifying o X > Sanders and Biden spar ove C Get Homework Help With C C 55 Zy 19.6. Lab 19 - Vector: + V O - 0 X . f = 0 https://learn.zybooks.com/zybook/CALBAPTISTEGR121Spring2020/chapter/20/section/3?content_r...

1 answer

##### A diverging lens (f1 = −14.0 cm) is located 25.0 cm to the left of a...

A diverging lens (f1 = −14.0 cm) is located 25.0 cm to the left of a converging lens (f2 = 23.5 cm). A 4.0-cm-tall object stands to the left of the diverging lens, exactly at its focal point. What is the height of the final image (including proper algebraic sign)?...

1 answer

##### CHINH, HN CHINH, 19LiAH 2) H,0 Br NaN, 1) LAH 2) H0 1) LAH 2) H.O...

CHINH, HN CHINH, 19LiAH 2) H,0 Br NaN, 1) LAH 2) H0 1) LAH 2) H.O Br NCN 1) Sn, HCI 2) NaOH Proponga sintesis para: CHANH, ambos a partir de benceno respectivamente...

1 answer

##### According to Bologna and Lindquist, forensic accountants investigating employee crimes typically look for transactions that are...

According to Bologna and Lindquist, forensic accountants investigating employee crimes typically look for transactions that are odd as to what five characteristics?...

1 answer

##### If the marginal propensity to save is 0.4 and disposable income increases from $1,000 to $2,000,...

If the marginal propensity to save is 0.4 and disposable income increases from $1,000 to $2,000, saving will increase O A. $200. OB. $100 OC. $400 OD. $300....

1 answer

##### Question 4 < > Solve the initial value problem below. xʻy" – xy' +y = 0,...

Question 4 < > Solve the initial value problem below. xʻy" – xy' +y = 0, y(1) = – 5, y'(1) = 0 =...

1 answer

##### Simon Company's year-end balance sheets follow. Current Yr 1 Yr Ago 2 Yrs Ago At December...

Simon Company's year-end balance sheets follow. Current Yr 1 Yr Ago 2 Yrs Ago At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant as...

1 answer

##### How do you write a rule for the nth term of the geometric term given the two terms #a_3=24, a_5=96#?

How do you write a rule for the nth term of the geometric term given the two terms #a_3=24, a_5=96#?...

1 answer

##### Light enters an unknown liquid from air. The angle of the light is at 70.00000 degrees...

Light enters an unknown liquid from air. The angle of the light is at 70.00000 degrees from the normal in air. The index of refraction of air is 1.000. The angle inside the liquid is 22.00000. What is index of the unknown medium? An object is placed 9.0000 cm in front of a lens with focal length =-6...

1 answer

##### If S1 is the market supply curve, then in the short run, the profit-maximizing level of...

If S1 is the market supply curve, then in the short run, the profit-maximizing level of output for a single firm in this market is how many gallons per week? If S2 is the market supply curve, then in the short run, the profit-maximizing level of output for a single firm in this market is how many ga...

1 answer

##### Express the system of differential equations in matrix notation. x' = (e")x+ (a + bt)y y'...

Express the system of differential equations in matrix notation. x' = (e")x+ (a + bt)y y' = (csc t)x + (sect) Write the system of equations using matrix notation. Select the correct choice below and fill in the answer box to complete your choice. (Type an exact answer.) OA. [11:40: ] ...

1 answer

##### A diverging lens has a focal length of magnitude 16.6 cm. (a) Locate the images for...

A diverging lens has a focal length of magnitude 16.6 cm. (a) Locate the images for each of the following object distances. 33.2 cm distance cm location 16.6 cm distance cm location &nb...

1 answer

##### You are provided with the following information for Pharoah Company, effective as of its April 30,...

You are provided with the following information for Pharoah Company, effective as of its April 30, 2022, year-end. $ 846 880 Accounts payable Accounts receivable Accumulated depreciation-equipment Cash Common stock Cost of goods sold Depreciation expense Dividends Equipment Goodwill Income tax expen...

1 answer

##### E is dow EC S-ur.nl dǐstawee. ☆ we 'tre laahaグベCAD/ electric dipole 犬

e is dow EC S-ur.nl dǐstawee. ☆ we 'tre laahaグベCAD/ electric dipole 犬...

1 answer

##### What is the reimbursement mechanism for hospitals in Chile? (Health Services Course)

What is the reimbursement mechanism for hospitals in Chile? (Health Services Course)...

1 answer

##### 2. Draw a possible graph of the function described: (6 pts.) 10 O 00 07 f(-3)=4,...

2. Draw a possible graph of the function described: (6 pts.) 10 O 00 07 f(-3)=4, f (2)=0 f'(-4)= f'(2) = f'(9)=0) f'>0 when x < -4 and x > 2 f' <0 when - 4<x<2 f">0 when -1<x< 5 or 9<x<10 f" <0 when x < -1 or 5<x< 9 or x >10...