Yard Professionals Inc. experienced the following events in Year 1, its first year of operation:



Performed services for $26,500 cash.
Purchased $7,200 of supplies on account.
A physical count on December 31, Year 1, found that there was $1,510 of supplies on hand.


Required

Based on this information alone:

Record the events under an accounting equation.
Prepare an income statement, balance sheet, and statement of cash flows for the Year 1 accounting period.
What is the balance in the Supplies account as of January 1, Year 2?
What is the balance in the Supplies Expense account as of January 1, Year 2?

Answers

Answer 1

1. Recording the events under an accounting equation is as follows:

                      Assets      =  Liabilities +  Equity

             Cash  +   Supplies              Common Stock + Revenue - Expenses    

1.          $26,500                                                             $26,500

2.                           $7,200   $7,200

3.                            (5,690)                                                                  ($5,690)

Balance $26,500  $1,510   $7,200                             $26,500   -     $5,690

2. The preparation of the income statement, balance sheet, and statement of cash flows for the Year 1 accounting period is as follows:

Yard Professionals

Income Statement

For the Year 1 accounting period

Revenue                 $26,500

Supplies Expense     (5,690)

Net income             $20,810

Yard Professionals

Balance Sheet

Year 1 accounting period

Cash                               $26,500

Supplies                             $1,510

Total assets                    $28,010

Accounts Payable           $7,200

Equity: Net income          20,810

Total liabilities + equity $28,010

Yard Professionals

Statement of Cash Flows

For the Year 1 accounting period

Net income               $20,810

Supplies                        (1,510)

Accounts Payable       7,200

Cash (Operations)  $26,500

3. The balance in the Supplies account as of January 1, Year 2 is $1,510.

4. The balance in the Supplies Expenses account as of January 1, Year 2 is $5,690.

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Related Questions

which is greater -2.75 or -2.25

Answers

Answer: -2.25

Step-by-step explanation:-2.25 because it is closer to 0

The answer is -2.25 because the closer the number is to 0 the larger the number is

Write an expression to represent: 9 more than the quotient of 2 and x

Answers

Expression for given numerical is: 9+ (2/x)

Given that we have an word equation that is 9 more than the quotient of 2 and  x

A quotient is a quantity produced by the division of two numbers.

Quotient of 2 and x is [tex]\frac{2}{x}[/tex].

Nine(9) more  than 2/x is = 9+ (2/x)

So we have an expression that is:

              9+ (2/x)                          

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Given: 2 ( x + 3)-8=10
Prove: x = 6

Answers

Answer:

x=6

Step-by-step explanation:

2(x+3)-8=10

use 2 to multiply the one in the bracket

(2x+6)-8=10

group like terms

2x-2=10

send all constant terms to one side of the equation

2x=10+2

2x=12

divide both side by the coefficient of x

2x/2=12/2

x=6

2x +6-8=10
2x= 10-6+8
2x= 12
X = 12\2
X= 6

Officials begin to release water from a full man-made lake at a rate that would empty the lake in 14
14
weeks, but a river that can fill the lake in 25
25
weeks is replenishing the lake at the same time. How many weeks does it take to empty the lake? Express your answer as a fraction reduced to lowest terms, if needed

Answers

Answer:

[tex]\frac{350}{11} weeks[/tex]

Step-by-step explanation:

Let V be the volume of water in the lake and w be the number of weeks to empty the lake

Since it takes 14 weeks to empty the lake by water release, the empty rate = V/14

But at the same time the river is replenishing the lake at a rate of V/25 since it will take 25 weeks to fill the empty lake

Net empty rate =  Empty rate - replenishment rate =  [tex]\frac{V}{14} - \frac{V}{25} = \frac{V}{w}[/tex]Divide the equation by V to eliminate V giving

               [tex]\frac{1}{14} - \frac{1}{25} = \frac{1}{w}[/tex]

Multiply by 350 (14 x 25) to eliminate the denominators

              [tex]25 - 14 = \frac{350}{w}[/tex]  ==> [tex]11 = \frac{350}{w}[/tex]

Multiply both sides by w to cancel the denominator w

                  11w = 350

Divide both sides by 11 to get

                    w = [tex]\frac{350}{11 }[/tex] weeks

A superhero recently asked his nemesis how many cats she has. She answered with a​ riddle: "Five-sixths of my cats plus six"
How many cats does the nemesis​ have?

Answers

9 cats because she really like them

6t^2/5+11t^1/5+3=000

Answers

You didn't provide a lot of info regarding the given question, however if you are looking to solve for t:

_______________________________________________

Isolate the variable by dividing each side by factors that do not contain the variable.

Solution's Exact Form:

[tex]t=-\frac{1}{243},-\frac{243}{32}[/tex]

_______________________________________________

Hope this helps! If not, please provide further info if you can regarding this question and I'll see what else I can do to help. If this did help however, lmk! Thanks and good luck!

Consider Line 2, which has the equation: y = = - 1/3x + 14, Give the equation of the line parallel to Line 2 which passes through: (-7,4).

Answers

The equation of teh second line is y = -1/3x + 5/3

How to determine the equation?

The first equation is given as

y = -1/3x + 14

The slope of the above equation is

m = -1/3

Parallel lines have equal slope

So, the slope of the other line is

m = -1/3

The equation is then calculated as

y = m(x - x1) + y1

So, we have

y = -1/3(x + 7) + 4

Expand

y = -1/3x - 7/3 + 4

Evaluate

y = -1/3x + 5/3

Hence, the equation of teh second line is y = -1/3x + 5/3

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You are getting on a plane to visit family 1200 miles away. The plane you are boarding will travel on
average 500 miles per hour. How long will the trip take you?

Answers

Answer:

2.4 hours or 2 hours and 24 minutes

Step-by-step explanation:

Distance = rate times time

d = rt

1200 = 500t  Divide both sides by 500

2.4 = t

It will take 2.4 hours.  We can convert the .4 into minutes by using a unit multiplier 60 minutes = 1 hour.

[tex]\frac{.4hours}{1}[/tex] x [tex]\frac{60minutes}{1hour}[/tex]  The words hours cancel out and we are left with

.4 x 60 = 24 minutes.

Question 15 (1 point)
Given the following definitions:
U = {1, 2, 3, 4, 5, 6, 7}
A = {1, 2, 4, 5]
B = {1, 3, 5, 7}
How many elements are in AUB?

Answers

Answer:

6

Step-by-step explanation:

The union is defined as the set of all elements in at least one of the sets.

[tex]A \cup B=\{1,2,3,4,5,7\}[/tex]

So, there are 6 elements.

A washer and a dryer cost $813
combined. The washer costs $87
less than the dryer. What is the cost of the dryer?

Answers

The cost of the dryer will be $450

In the given sum the combined cost of the washer and dryer is $813

let the cost of the dyer be x

the cost of the washer will be (87 - x) as it is mentioned in the question washer costs $87 less than the dryer

According to the problem :

∴  x + (x-87) = 813

=> x+x-87 = 813

=> 2x - 87 = 813

=> 2x = 813 +87

=> 2x = 900

=> x = 900/2

=> x = 450

So the cost of the dryer is $450

The cost of the washer is = x - 87 = 450 - 87 = $363

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PLEASE HELP!!!
Solve this exercise using the fact that the sum of the measures of the three angles of a triangle is 180° In a triangle, the measures of the three angles are x, x + 7, and x - 13. What is the measure of each angle?​

Answers

Answer:

The sides are 62, 69, and 49

Step-by-step explanation:

x + (x + 7) + (x - 13) = 180

3x - 6 = 180

3x = 186

x = 62

can some please explain to me how my teacher get to the part that i highlight. (2^-5)^-3x i'm so lost someone please explain

Answers

Answer:

see explanation

Step-by-step explanation:

using the rules of exponents

[tex]\frac{1}{a^{m} }[/tex] = [tex]a^{-m}[/tex]

then

[tex]\frac{1}{32}[/tex] = [tex]\frac{1}{2^5}[/tex] = [tex]2^{-5}[/tex]

and

[tex](a^m)^{n}[/tex] = [tex]a^{mn}[/tex] , so

[tex](2^{-5}) ^{-3x}[/tex]

a population has mean of 0.1 and standard deviation of 2.1.what is the probability that the mean of a random sample of size 900 will be negative​

Answers

Answer on Question #54875

Math

Statistics

and Probability

A normal population has a mean of 0.1 and standard deviation 2.1. Find the probability that the

mean of a sample of size 900 will be negative.

Solution

In accordance with the given problem, we have the following data:

μ

=

0

.

1

,

σ

=

2

.

1

and

n

=

900

. It is known that

~

M

(

μ

,

σ

2

)

and

z

~

N

(

0

,

1

)

Last year, Salma invested her money in two purchases. She purchased a certificate of deposit for $3000 that paid 5% interest per year and purchased $7000 in corporate bonds paying 4% interest per year. Answer the questions below. Do not do any rounding.

Answers

Answer:

a. $2850

b. $6720

Step-by-step explanation:

a.

3000(1-0.05) = $2850

b.

7000(1-0.04) = $6720

Liberty middle school has 600 students in honors class three out of eight students walk to school how many students are at the school can be expected to walk to school

Answers

Answer:

225 students

Step-by-step explanation:

600 students, and [tex]\frac{3}{8}[/tex] of students walk to school

[tex]600 * \frac{3}{8} = 225[/tex]

225 students can be expected to walk to school

how many different digits appear when 1/110 is written as a recurring decimal

Answers

The number of different digits that appear when [tex]\frac{1}{110}[/tex] is written as a recurring decimal is two digits i.e 9,0.

Given the fraction [tex]\frac{1}{110}[/tex]

Recurring decimal:  

A repeating decimal, also known as a recurring decimal, is a decimal representation of a number whose digits are periodic (repeating at regular intervals) and whose infinitely repeated portion is not zero. It is possible to demonstrate that a number is rational if and only if its decimal representation repeats or terminates.

⇒[tex]\frac{1}{110}[/tex]=0.0090909090.....

Therefore,The number of different digits that appear when [tex]\frac{1}{110}[/tex] is written as a recurring decimal is two digits i.e 9,0.

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Prove that for all integers a, b, n, if n = a + b, then a ≤ n/2 or b ≤ n/2 using proof by contradiction.

Answers

From the example that if a = 3 and b = 3 so the value of n = 6. It means that a ≤ n/2 and b ≤ n/2.

What is an expression?

The mathematical expression is the combination of numerical variables and operations denoted by addition, subtraction, multiplication, and division signs.

Mathematical symbols can be used to represent numbers (constants), variables, operations, functions, brackets, punctuation, and grouping. They can also be used to denote the logical syntax's operation order and other properties.

Given that all integers a, b, and n, if n = a + b, then a ≤ n/2 or b ≤ n/2. Let the value of a = 3 and b = 3 now the value of n will be:-

n = a + b

n = 3 + 3 = 6

a = 3, n = 6 then a ≤ n/2.

b = 3, n = 6 then  b ≤ n/2.

Therefore, the example that if a = 3 and b = 3 so the value of n = 6. It means that a ≤ n/2 and b ≤ n/2.

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Solve the system of equations.
x + y = 8
y=x²- 4

Answers

The solution for the given system of equations is (3,5) and (-4,12).

Given two systems of equations i.e. x+y=8 and y=[tex]x^{2}[/tex]-4 and asked to solve them.

⇒x+y=8; let's assume this equation as A

⇒ y=[tex]x^{2}[/tex]-4; let's assume this equation as B

From equation A

⇒y=8-x

From equation B

⇒y=[tex]x^{2}[/tex]-4

Equating both the values of y

⇒8-x=[tex]x^{2}[/tex]-4

⇒[tex]x^{2}[/tex]-8-4+x=0

⇒[tex]x^{2}[/tex]-12+x=0

{solving quadratic equation}

⇒[tex]x^{2}[/tex]-12+4x-3x=0 { factorizing the quadratic equation}

⇒[tex]x^{2}[/tex]+4x-3x-12=0

⇒x(x+4)-3(x+4)=0

⇒(x-3)(x+4)=0

Therefore, the value's of x=3,-4

⇒if x=3

From  equation A

⇒y=8-3=5

For x=3 ; y=5

⇒if x=-4

From  equation A

⇒y=8-(-4)=12

For x=-4 ; y=12

Therefore,The solution for the given system of equations is (3,5) and (-4,12).

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There are 6 faces on a standard die. How many faces are on 5 dice?

Answers

Answer: 30

Step-by-step explanation: just do 6*5, 6 faces for five die is thirty faces

There are 30 faces on 5 dice in total.

Given that a standard die has 6 faces on it, we need to determine the number of the faces on 5 dice.

A standard die has 6 faces. If you have 5 dice, each with 6 faces, you can calculate the total number of faces by multiplying the number of dice by the number of faces on each die:

Total number of faces = Number of dice × Number of faces on each die

Total number of faces = 5 dice × 6 faces/die

Total number of faces = 30 faces

So, there are 30 faces on 5 dice.

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A student receives the following​ grades, with an A worth 4​ points, a B worth 3​ points, a C worth 2​ points, and a D worth 1 point. What is the​ student's weighted mean grade point​ score? B in 2 two-credit classes D in 1 two​-credit class A in 1 three​-credit class C in 1 three​-credit class

Answers

The student's GPA is of 2.33.

What is GPA?

Grade Point Average (GPA) is the measure used to summaries your academic achievement at Griffith.

Given:

A worth 4​ points,

B worth 3​ points,

C worth 2​ points,

D worth 1 point

The GPA is

= 3(3) + 1(3) + 2(4) + 2(2)/9+3+4+2

=9+3+8+4/18

=2.33

Hence, The student's GPA is of 2.33.

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Tanisha mowed five lawns last week she mowed each one and 712 hour she wrote the same ones this week in 5/12 hour using her lawnmower how many times longer was tanisha’s Time to mow all the lawns last week and this week express your answer as an improper fraction

Answers

Tanisha takes 5/6 hours longer to mow all the lawns last week than this week.

Here, we are given that Tanisha mowed 5 lawns last week in 7/ 12 hours each.

Thus, the total time taken by her to mow 5 lawns = 5(7/12)

= 35/ 12 hours

Now, this week she mows the five lawns in 5/12 hours each

Thus, the total time taken by her = 5(5/12)

= 25/12 hours

Therefore, the difference between the time taken by her last week and this week will be-

35/ 12 - 25/ 12

= (35 - 25)/ 12

= 10/ 12

= 5/6

Thus, Tanisha takes 5/6 hours longer to mow all the lawns last week than this week.

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67 and 113 multiples of 3,6 and 7

Answers

The number 67 and 113 are not the multiples of 3,6 and 7.

What is defined as the multiples?

Multiples are the results of multiplying one whole number from another whole number.

A multiple is a products produced by multiplying one number by another. For instance, if we say 4 5 = 20, 20 is a multiple of 4 as well as 5.Every number multiplies itself.A number's multiples are infinite.A number's multiple is equal or greater to the number on its own (except for 0).

Now, for the given question;

As, 67 and 113 are not completely divisible by 3. They are not multiple of 3.

67 and 113 are not entirely divisible by 6. So, they are also not the multiple of 6.

Now, 67 and 113 are also not entirely divisible by 7. Thus, they are also not the multiple of 7.

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Please help me
The elevation of Kristianstad, Sweden, a city founded by King Christian IV of Denmark, is meters . Which of these describes the elevation of Kristianstad?

Answers

The best description for the elevation of Kristianstad is below sea level.

How to find what describes the elevation of Kristianstad?

The elevation of Kristianstad, Sweden, a city founded by King Christian IV of Denmark, is -2 meters .

The best option that describes the elevation of Kristianstad is as follows:

Therefore,

At sea level the elevation will be at 0 meters.

Above sea level the elevation will be above 0 meters. That will make the elevation to be positive

Below sea level the elevation will be below 0 meters. That will make the elevation to be negative.

Therefore, the best description for the elevation of Kristianstad is below sea level.

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You work in a nursery with
20 children aged 3 - 5 years.
Your current room size is
415m² and does not meet
floor space requirements.
The room needs to increase
in size by 11%.
How big should the room
be?

Answers

Answer:

The room should be 460.65 [tex]m^{2}[/tex].

Step-by-step explanation:

First, you have to convert the percentage to a fraction.

11% = 0.11

Then add one to that number.

0.11 + 1 = 1.11

Multiply the number with the original room size.

415 * 1.11 = 460.65 ([tex]m^{2}[/tex])

HELP THIS IS DUE TOMORROW!
Algebra 2 question!
Picture attached below

Answers

Answer:

[tex]\dfrac{4+\sqrt{3}}{4}-\dfrac{(3+4\sqrt{3})}{12}i[/tex]

Step-by-step explanation:

Given expression:

[tex]\dfrac{4+\sqrt{3}}{3+\sqrt{-3}}[/tex]

[tex]\textsf{Apply radical rule}:\quad \sqrt{-a}=\sqrt{a}\sqrt{-1}[/tex]

[tex]\implies \dfrac{4+\sqrt{3}}{3+\sqrt{3}\sqrt{-1}}[/tex]

[tex]\textsf{Apply imaginary number rule}:\quad \sqrt{-1}=i[/tex]

[tex]\implies \dfrac{4+\sqrt{3}}{3+\sqrt{3}i}[/tex]

Multiply by the conjugate of the denominator:

[tex]\implies \dfrac{4+\sqrt{3}}{3+\sqrt{3}i} \cdot \dfrac{3-\sqrt{3}i}{3-\sqrt{3}i}[/tex]

[tex]\implies \dfrac{(4+\sqrt{3})(3-\sqrt{3}i)}{(3+\sqrt{3}i)(3-\sqrt{3}i)}[/tex]

[tex]\implies \dfrac{12-4\sqrt{3}i+3\sqrt{3}-\sqrt{3}i\sqrt{3}}{9-3\sqrt{3}i+3\sqrt{3}i-\sqrt{3}i\sqrt{3}i}[/tex]

[tex]\implies \dfrac{12+3\sqrt{3}-4\sqrt{3}i-3i}{9-3i^2}[/tex]

[tex]\implies \dfrac{12+3\sqrt{3}-(3+4\sqrt{3})i}{9-3i^2}[/tex]

[tex]\textsf{Apply imaginary number rule}:\quad i^2=-1[/tex]

[tex]\implies \dfrac{12+3\sqrt{3}-(3+4\sqrt{3})i}{9-3(-1)}[/tex]

[tex]\implies \dfrac{12+3\sqrt{3}-(3+4\sqrt{3})i}{12}[/tex]

Separate the fractions:

[tex]\implies \dfrac{12+3\sqrt{3}}{12}-\dfrac{(3+4\sqrt{3})i}{12}[/tex]

Simplify:

[tex]\implies \dfrac{4+\sqrt{3}}{4}-\dfrac{(3+4\sqrt{3})}{12}i[/tex]

maths geometry questions
pleas help

Answers

Step-by-step explanation:

remember, a parallelogram is a quadrilateral with 2 pairs of parallel and equal sides, and 2 pairs of correspondingly equal angles. and its diagonals are intersecting each other in their midpoint.

with that in mind

(i)

because ABCD is a parallelogram, AD = BC, and AB = CD.

and angle A = angle C (and angle B = angle D).

therefore, as AE = FC, this also means that ED = BF.

via SAS (side angle side) it is clear that the triangles ABE and CDF are congruent.

therefore, EB = DF.

as ED is part of AD, and BF is part of BC, it is also clear that ED || BF.

together with ED = BF this means that EB || DF.

so, we have with BEDF 2 pairs of parallel and equal sides. and that is a parallelogram.

(j)

BCDE and ABCG are parallelograms.

so, BC = DE = AG, CD = BE, AB = CG.

due to the midpoint intersection rule of the diagonals of parallelograms, we also know

GE = CG = AB, DG = BG.

and as CG || AB, then also GE || AB.

together with AB = GE that means that AE = BG and AE || BG.

so, we have with ABGE again 2 pairs of parallel and equal sides. and that is a parallelogram.

Bennett is setting up a light display for a wedding with two 10-foot strands of lights. The lights will be attached to the top of a pole and to two stakes on the ground forming two right triangles. If the distance from the base of the pole to each stake is the same as the height of the pole, how tall, in feet, should the pole be? Round your answer to the nearest tenth.

Answers

The height of the pole is 7.1 feet.

Given that a light display for a wedding with two 10-foot strands of lights and top of a pole and to two stakes on the ground forming two right triangles.

The Pythagorean theorem, also known as the Pythagoras theorem, explains the relationship between the three sides of a right triangle.

The two sides of triangle are equal that is x and and the third side is 10.

Now, we will apply the pythagoras theorem, we get

B²+P²=H²

Here B=P+x and H=10

x²+x²=(10)²

2x²=100

Now, we will divide both sides with 2, we get

2x²/2=100/2

x²=50

Now, we will take square root on both sides, we get

√x²=√50

x=√50

x=7.07106781

The Round to the nearest tenth is x=7.1 feet.

Hence, the height of the pole when wedding with two 10-foot strands of lights and the lights will be attached to the top of a pole and to two stakes on the ground forming two right triangles is 7.1 feet.

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What is the measurement of this angle ?

Answers

The measurement of the given angle is a 90 degree.

According to the statement

We have to find that the measurement of this angle.

So, For this purpose, we know that the

An angle is formed when two straight lines or rays meet at a common endpoint. The common point of contact is called the vertex of an angle.

From the given information:

In the given figure, the measurement of the angle we have to find.

A 90-degree angle is a right angle and it is exactly half of a straight angle. It always corresponds to a quarter turn.

And from the figure it is clearly visible that the line of the angle exactly matches with the 90 degree.

Then the angle is 90 degree.

So, The measurement of the given angle is a 90 degree.

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If AB=8x+2 and BC=4x+18 find AC

Answers

We get that value of AC after adding AB and BC as 12 x + 20.

We are given that:

AB = 8 x + 2 and BC = 4 x + 18

We need to find AC.

For this, we will add AB and BC.

Adding AB and BC, we get that:

AB + BC = AC

Substituting the values of AB and BC in the equation which are given to us:

AC = 8 x + 2 + 4 x + 18

Combining the like terms, we get that:

AC = 12 x + 20.

Therefore, we get that value of AC after adding AB and BC as 12 x + 20.

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22.83/0.06 = __________

Answers

Answer:  380.5

Step-by-step explanation: you can type it into desmos graphing calculator

Other Questions
True or false: osteocytes and osteoclasts develop from the same type of stem cell. Richards Corporation purchased and used $75.000 of supplies during August. The purchase was on account, and had not been paid by the end of the month. The appropriate journal entry to completely account for this activity is: Which event contributed to the emergence of the new youth movements in the early sixties? How much would a 15.0kg object weigh on neptune if the acceleration due to gravity is 11.2? A thermometer in Grand Forks, North Dakota, reads -4.5 F in January.The temperature on the same day in February has the same absolute valueas the temperature in January but is not the same temperature. What isthe temperature in February? Arrange the students in order from shortest to tallest. kim 56.03 alexa 56.3 roy 56.14 tom 57.1 The nurse knows that part of the education plan for a client with the diagnosis of hyperlipidemia needs to include which lifestyle changes? (select all that apply.) An important aspect in the treatment of a patient with severe abdominal pain is to:_____. Diego worked the SAME number of hours for FIVE days at his job at the cheese factory plus an extra 7 hours on Saturday. He worked a total 52-hours last week.Using H as a variable for the number of hours he worked each normal day, model (create an equation) for Diegos work week.How many hours did he work each day for his normal work week? Please answer fast.............................................. An adjusted trial balance shows all accounts and their balances _____ the accounts have been updated for for adjusting entries. Exercise 2 Correct each personal pronoun in italics so it agrees with its antecedent in the sentence. Cross out the incorrect pronoun, and write the correct word above it. Do not change any pronouns that already agree with the antecedent in number and gender. David forgot to pay her club dues. A nurse is caring for a client with end-stage renal disease. for which clinical indicator should the nurse monitor the client? Sophia is developing an iphone app. which object-oriented language is she most likely to use? An indicator of project success within an organization is the strength of the ______ to support the project management structure. Historically, what was the first physical problem tied to stress? also, what recent discovery about ulcer causing bacteria supports this connection? Exercise 1 Edit the sentence for clarity and correct grammar. Looking at the Lone Ranger movie are fun. How did he explain thse things and prevent himself from descending into despair? Why did the western roman empire collapse in 476 ce, while the eastern roman (byzantine) empire continued to thrive? list 5 ways on how to stay physically healthy1_________2________3________4________5________list 5 ways on how to stay mentally healthy1________2________3________4________5________list 5 ways to stay be socially healthy 1________2________3________4________5________list 5 ways to be emotionally healthy1_______2_______3_______4_______5_______please?