Question: Some basic accounting questions, they are attached to the document. Company records show the following information after all transactions are recorded for 2015: Notes payable

Some basic accounting questions, they are attached to the document.

Some basic accounting questions, they are attached to the document. Company records

Company records show the following information after all transactions are recorded for 2015: Notes payable Service fees earned $ 25,000 130,000 Supplies inventory Cash $ 1 Supplies expense 10,000 Insurance expense 5,000 Salaries expense 1 Miscellaneous expense 1,200 Rent expense 1 Retained earnings, January 1 1 Common stock, January 1 20,000 Advertising expense Accounts payable 7,000 Accounts receivable Dividends paid 5,000 Equipment The complany raised $12,000 cash through the issuance of additional common stock during the year. Based on this information, calculate the following ending balances for the year ending December 31, 2015: Common stock Retained earnings Total equity You must show your calculations. Given the following account values, calculate the firm's current ratio: Cash $15,000; Short-term investments $2,000; Accounts receivable $34,000; Supplies $5,000; Long-term notes receivable $10,000; Equipment $70,000; Factory Building $150,000; Intangible assets $6,000; 2 Accounts payable $20,000; Accrued liabilities payable $2,000; Short-term notes payable $10,000; Long-term notes payable $150,000. You must show your calculation. You answer should be shown with two decimal places (ex: x.xx). Blaze Corporation has provided the following information: Cash sales totaled $200,000. Credit sales totaled $250,000. Cash collections from customers for services yet to be provided totaled $20,000. An $15,000 gain from the sale of property and equipment occurred. Interest income totaled $12,500. How much were Blaze's operating revenues? You must enter your answer in the following format: $xxx,xxx The Bronco Company has provided the following account balances: Cash $10,000; Short-term investments $15,000; Accounts receivable $25,000; Supplies $5,000; Long-term notes receivable $12,000; Equipment $60,000; Factory Building $150,000; Intangible assets $5,000; Accounts payable $60,000; Accrued liabilities payable $8,000; Short-term notes payable $11,000; Long-term notes payable $60,000; Common stock $100,000; Retained earnings $43,000. Requirement: Calculate Bronco's total current assets? You must show your calculation

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