La compaia BC1 tenia la siguiente informacin a diciembre 31 de 2020: Service revenue $840,000 Common...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
La compañia BC1 tenia la siguiente información a diciembre 31 de 2020: Service revenue $840,000 Common stock 180,000 Equipment 240,000 Operating expenses 750,000 Cash 210,000 Dividends 60,000 Supplies 30,000 Accounts payable 120,000 Accounts receivable 90,000 Retained earnings, 1/1/20 450,000 Determine las ganancias retenidas (retained earnings) de la compañia a diciembre 31 de 2020: O$ 30,000 $ 480,000 O $ 540,000 ০$ 450,000 La compañia BC1 tenia la siguiente información a diciembre 31 de 2020: Service revenue $840,000 Common stock 180,000 Equipment 240,000 Operating expenses 750,000 Cash 210,000 Dividends 60,000 Supplies 30,000 Accounts payable 120,000 Accounts receivable 90,000 Retained earnings, 1/1/20 450,000 Determine las ganancias retenidas (retained earnings) de la compañia a diciembre 31 de 2020: O$ 30,000 $ 480,000 O $ 540,000 ০$ 450,000
Expert Answer:
Answer rating: 100% (QA)
Statement showing Computations Particulars Amount Ser... View the full answer
Related Book For
Posted Date:
Students also viewed these accounting questions
-
Raw potatoes are made up of about 18% to 20% starch and about 75% water. Before frying, raw potatoes are peeled and then washed. Assume that 8% by weight of raw potatoes is lost in the skin. The...
-
A bicycle tire pump has a piston with an area of 0.44 in2. If a person exerts a force of 30 lb on the piston while inflating a tire, what pressure does this produce on the air in the pump? p = psi
-
Accounts Payable Accounts Receivable Cash Inventory and Sales Revenue are not involved in the Other Accounts column in either the cash receipts or cash payments journal and are not involved in any...
-
In 2010 Casey made a taxable gift of $7.3 million to both Stephanie and Linda (a total of $14.6 million in taxable gifts). Required: Calculate the amount of gift tax due this year and Caseys unused...
-
Use the McKnight, Inc. data from Problem P14-34A. Problem P14-34A Requirements 1. Prepare the 2016 statement of cash flows by the direct method. 2. How will what you learned in this problem help you...
-
Draw the structure of 3-O-D-glucopyranosyl-a-D-arabinofuranose, a disaccharide that is the (3-glycoside formed between n-glucopyranose at the non reducing end and the-OH group at carbon-3 of...
-
Why is the concept of an ongoing concern important to the interpretation of financial statements?
-
The Pew Research Center has conducted extensive research on the young adult population (Pew research website, November 6, 2012). One finding was that 93% of adults aged 18 to 29 use the Internet....
-
Novak Supply Corporation has issued common stock only. The company has a gross profit rate of 20%. The information shown below was taken from the company's financial statements: Beginning inventory...
-
Who do you think the CEO should appoint as CIO? Why? The Suarez Effect Pat Talley stood and watched, with grudging admiration, as Carmelita Suarez worked the room. Sharp, charming, and armed with a...
-
1. Explain the advantages and disadvantages of the corporate form of ownership. 2. Explain the difference between par-value, stated value and no par stock. 3. Explain the differences between a stock...
-
1. Please discuss the mandates of the Supreme Court's "strict scrutiny" test and explain what they mean. Include in your discussion whether courts have provided clear guidelines on how to observe the...
-
The authors describe how two Amazon workers managed to organize a union in their warehouse. The company spent more than $4.3 million on anti-union consultants across the US in the same period....
-
First explain what social responsibility means in a business setting. Then, describe what social responsibility means to you personally. Please make a connection to this week's materials citing...
-
Compile a power interest grid and discuss any stakeholder engagement required from a prospective independent renewable power producer perspective?
-
Explain the three inventory control models and the driving factor in each model. Provide examples for each one using current companies.
-
An IMC tool that offers incentives linked to purchase is: a . . sales promotion b . . advertising c . . publicity d . . public relations e . . digital marketing
-
A new car sold for $31,000. If the vehicle loses 15% of its value each year, how much will it be worth after 10 years?
-
What is the difference between economies of scope and economies of scale? Is it possible for a two-product firm to enjoy economies of scope but not economies of scale? Is it possible for a firm to...
-
Explain the difference between the Bertrand model of oligopoly and the Cournot model of oligopoly. In a homogeneous products oligopoly, what predictions do these models make about the equilibrium...
-
A consumer has preferences between two goods, hamburgers (measured by H) and milkshakes (measured by M). His preferences over the two goods are represented by the utility function U = H + M. For this...
-
The government regularly publishes many different economic statistics, such as the unemployment rate, the inflation rate, and the surplus or deficit in the federal budget. Study recent newspapers and...
-
Prove that the dual function of Eq. (16.12) is concave Data From Equation (16.12) 19S See https://www.gams.com/ 20 See http://cvxr.com/
-
Consider the quadratic programming problem. min x+x s.t. 1x2 = 4. x1
Study smarter with the SolutionInn App