Exercise 1-23A (Algo) Preparing financial statements LO 1-5, 1-6, 1-7, 1-8, 1-9
Dakota Company experienced the following events during Year 2:

Acquired $10,000 cash from the issue of common stock.
Paid $25,500 cash to purchase land.
Borrowed $5,000 cash.
Provided services for $60,000 cash.
Paid $1,000 cash for utilities expense.
Paid $38,500 cash for other operating expenses.
Paid a $2,000 cash dividend to the stockholders.
Determined that the market value of the land purchased in Event 2 is now $30,000.

Required
a. The January 1, Year 2, account balances are shown in the following accounting equation. Record the eight events in the appropriate accounts under an accounting equation. Record the amounts of revenue, expense, and dividends in the Retained Earnings column. Provide the appropriate titles for these accounts in the last column of the table. The first event is shown as an example.
b-1. Prepare an income statement for the Year 2 accounting period.
b-2. Prepare a statement of changes in equity for the Year 2 accounting period.
b-3. Prepare a year-end balance sheet for the Year 2 accounting period.
b-4. Prepare a statement of cash flows for the Year 2 accounting period.
c-1. Determine the percentage of assets that were provided by retained earnings.
c-2. Does the retained earning balance reflect the amount of cash that the company has available to pay dividends?
d. Based on the December 31, Year 2, balance sheet, what is the largest cash dividend Dakota could pay?

Answers

Answer 1

no te

Step-by-step explanation:


Related Questions

Lauren's science class is taking a field trip to the nearest natural history museum. The
museum is 62.5 miles from Lauren's school. The class plans to stop after 30 minutes, or 0.5
hours, to visit a local wildlife refuge. The bus driver plans to drive at an average speed of 50
miles per hour. How many hours will the second part of the trip take?

Answers

Answer:0.75

Step-by-step explanation:

i just did it

In economics, a firm that faces no competitors is referred to as_____

Answers

Answer:

monopoly

Step-by-step explanation:

that's how the game's name was created

Is 2.34 a rational number?

Answers

Answer:

Yes.

Step-by-step explanation:

2.34 is a terminating decimal, meaning that it ends. Therefore, it is rational.

#14 A scale drawing of a rectangular room measures 2 cm by 4 and 1/4 cm. E
The scale used for the scale drawing is 1/2 cm = 5 ft. Carpeting will cost
$8.50 a square foot. How much will it cost to buy enough carpet to cover
the floor of this rectangular room? (**numbers and decimal only in answer
** NO $$ NO comma**) *

Answers

Answer:

Step-by-step explanation:

Width

1/2 cm = 5 feet

2cm = x                    Cross Multiply

1/2 x = 2 * 5              Combine

1/2 x = 10                  Multiply both sides by 2

x = 20

Length

1/2 cm = 5 feet

4 1/4 cm = x              Cross Multiply

1/2 x = 4 1/4 * 5         Combine the right

1/2 x = 21.25              Multiply both sides by 2

x = 42.5                    

Room Area

Area = 20 * 42.5

Area = 850 square feet

Cost

1 square foot costs 8.5 dollars.

850 square feet costs 8.5 * 850

850 square feet costs 7225  dollars.

3x+y=23, 6x-y=50, what is the value of x and y

Answers

Answer:

3x+y=23

6x-y=50

2(3x+y)=2(23)

6x+2y=46

(6x-y)-(6x+2y)=50-46

-3y=4

y=-4÷3

=-4/3

x=[23-(-4/3)]÷3

=24/1/3÷3

=73/3÷3

=73/9

Members of the chess club held a bake sale to raise money. Cupcakes and cookies were sold. Cupcakes were sold for two dollars each. Cookies were sold for $0.50 each. The members sold a total of 450 items. Of the items sold 2/3 were cupcakes and the remaining items were cookies. How much did the chess club members raise for the cookies that were sold?
A=150.00
B=85.00
C=75.00
D=450.00

Answers

C 75.00- 1/3 were cookies which is 150 cookies. 150x0.50=75.00

Total amount raised for the cookies is $75, Option C is correct.

What is Equation?

Two or more expressions with an Equal sign is called as Equation.

Given that Cupcakes were sold for two dollars each.

Cookies were sold for $0.50 each.

The members sold a total of 450 items.

Let x be the number of cupcakes and y be number of cookies

x+y=450

Of the items sold 2/3 were cupcakes and the remaining items were cookies.

x = 2/3×450 = 300

Y= 450 - 300 = 150

The total amount raised from the cupcakes is $2× 300 = $600.

The total amount raised from the cookies is $0.50 × 150 = $75.

Hence, total amount raised for the cookies is $75, Option C is correct.

To learn more on Equation:

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#SPJ6

A water sprinkler covers the area shown in the figure.
It moves through the covered area at a rate of about 5 per second.
What is the measure of the are covered by the sprinkler?
If the sprinkler starts at the far left position,
how long will it take for the sprinkler to reach
the far right position?

Answers

A water sprinkler has a rotational motion in order to reach a broad area

from its stationary location.

The time it takes the sprinkler to reach the far right position is 36 seconds.

Reasons:

The given parameter are;

The angular speed of the water sprinkler, ω = 5° per second

Location where the sprinkler starts = The far left position

Required:

The time it takes the sprinkler to reach the far right position.

Solution;

The angle covered by moving from the far left to the far right, θ = 180°

Time required is given as follows;

[tex]\omega = \mathbf{\dfrac{\theta}{t}}[/tex]

Therefore;

[tex]t = \dfrac{\theta}{\omega}[/tex]

Which gives;

[tex]t = \dfrac{180 ^{\circ}}{5^{\circ}/s} = 36 \, s[/tex]

The time it takes the sprinkler to reach the far right position, t = 36 seconds.

Learn more here:

https://brainly.com/question/14753185

This is the credit report for how many people? 

1

2

3

4

2.              How long of a mortgage did Lillie take out? 
a.              40 months
b.              5 years
c.              30 years
d.              360 years 
4.              What accounts does Lillie T. Lane have open at this time? 
a.              One mortgage
b.              One mortgage and one credit card
c.              One mortgage and two credit cards
d.              One mortgage, two credit cards, and one bank account
5.              What is the credit limit on Lillie’s First USA Bank credit card? 
a.              $1,684
b.              $2,695
c.              $5,500
d.              $8,850
6.              What was the highest balance Lillie had on her credit card? 
a.              $1,684
b.              $2,695
c.              $5,500
d.              $8,850
7.              Which statement is true about Lillie’s past due account(s)?
a.              She’s 30 days overdue, by $50, on 1 account 
b.              She’s 30 days overdue, by $50, on 1 account AND she’s 60 days overdue, by $50, on a second account
c.              She’s 60 days overdue, by $50, on 1 account
d.              She’s 90 days overdue, by $50, on 1 account
8.              How many months did Lillie make on-time payments for her line of credit at Astoria Federal Savings? 
a.              29
b.              39
c.              40
d.              You cannot tell from this credit ​

Answers

Answer:

1. 1 person

2. 30 years

3. one mortgage and one credit card

4. $8,850

5. $2,695

6. She’s 60 days overdue, by $50, on 1 account

7. 29 months

Step-by-step explanation:

Answer: yeah hes right the other guy that answered this

Step-by-step explanation:

Hello please please help me with this question now please please

Answers

Answer:

Step-by-step explanation:

As x increases four units from -4 to 0, y decreases four units from 0 to -4

slope m = Δy/Δx = -4/4 = -1

The y intercept is at (0, -4) so b = -4

y = -1x + -4

y = - x - 4

as m is negative, slope is negative

HELP ME
HELP ME
HELP ME
HELP ME
HELP ME
HELP ME
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Answers

Answer:

p  ≥ -10

Step-by-step explanation:

Divide both sides by-9:

When dividing or multiplying by a negative number, always flip the inequality sign:

-9p/-9 > = 90/-9

Cancel out the negatives:

9p/9 > = 90/-9

Simplify the fraction:

p > = 90/-9

Simplify the signs:

p > = -90/9

Find the greatest common factor of the numerator and denominator:

p >= -10 · 9/ 1 · 9

Factor out and cancel the greatest common factor:

p > = -10

your friend ran 6 more miles than anna

Answers

Answer:

thanks for the points

Step-by-step explanation:

1. Evaluate |-x - 2y| for x = -2 and y = 3

Answers

Answer:

4

Step-by-step explanation:

x = - 2

y = 3

l - x - 2y l

= l - ( - 2 ) - 2 ( 3 ) l

= l 2 - 6 l

= l - 4 l

= 4

Wha
kind of hard math do they have you doing

Guys please help me match these

Brainliest will go to the right answer

Answers

Answer:

Step-by-step explanation:

10 - m = m - 10                  is  one solution

7x + 5 = 7(x + 5)                is  no solution

3(t + 2) = (2 + 3t) + 4         is identity

hope this helps!

mark me brainliest :D

Need help pls and thank you :)

Answers

Each term in the sequence is the previous term plus 6.

Therefore:

[tex]a_{n} = a_{n - 1} + 6[/tex]

In some cases using the previous term is not allowed so you would add 6 "n-1 times" to 3

[tex]a_{n} = 3 + 6(n - 1)[/tex]

Therefore to find the 50th term

[tex]a_{50} = 3 + 6(50 - 1)[/tex]

[tex]a_{50} = 297[/tex]

3. [1,5 punts] Si en un partit el Camp Nou s'ha omplert parts de la seva capacitat, quants espectadors han anat? I si s'ha posat a ploure abans del final del partit i han marxat tres quartes parts dels espectadors que hi havia, quants en queden? Quina part de la capacitat ha quedat? (Capacitat del Camp Nou: 99375 espectadors.)​

Answers

Answer:

ewwe

Step-by-step explanation:

7:30, 7:55, 8:20, 8:45, 9:00, 9:25 what comes next i need 2
And what's the conjuncture

Answers

Answer: next two are 9:50 and 10:15

Step-by-step explanation:

The conjecture is, a term is equal to the previous term twenty five minutes later.

7x+14y−3y+12x+32y+54x+2x+8y

Answers

Answer:

it would be 75 + 51

hope this helps

136

Step-by-step explanation:

x²-x-6=-6-7x
How do I factor this?

Answers

search it up on safari lol

I forgot how to do this n they didn’t put an example help me aushhhahwbwbjsajsbbajs

Answers

Answer:

32

Step-by-step explanation:

3+3+3+4+4+8+8+9=32

Answer:

60 m²

Step-by-step explanation:

In three parts:

1st:

8 × 3 = 24

2nd:

4 × 3 = 12

3rd:

8 × 3 = 24

So: 24 + 12 + 24 = 60

plz help me i will mark brainest
what is s

Answers

Answer:

12?

Step-by-step explanation:

6/8 = 9/?

8 x 9=72

72/6= 12

Answer:

6 / 8 on the small triangle and 9 on the big one

Step-by-step explanation:

Which of the following describes how to write the decimal number six hundred twenty-seven thousandths?

Answers

Answer:

0.627

Step-by-step explanation:

I will turn the word form of the number into decimal form backwards to make it easier:

7 is in the thousandths place

2 is in the hundredths place

6 in the tenths place

0 being in the ones place

That being said, the word form of a number can be turned into number, decimal, percent and fraction forms! Any other problems involving forms of numbers, you can come to me :D

If there are 12 girls and 23 boys,
write as a ratio for girls to boys in 3
ways below.
to

Answers

Answer:

12:23

12 to 23

12/23

Step-by-step explanation:

If x > y, then will always be an integer.
True
Or false

Answers

Answer:true

Step-by-step explanation:

Si caminara 1 2/3 alrededor de la jardinera triangular,Cuantos metros recorrería?

Answers

Answer:

0.0423333333 meters

Step-by-step explanation:

When you convert, you will receive the same result.

C = 59 × (F – 32)
140°F = ?°C

Answers

60 degrees Celsius, you’re welcome.

20 points Please help

Answers

1) Find the area of the traingle

According to the question here we are given that the adjacent is 13 cm while the opposite is 10 cm

For this we need to use the general formula for getting the area

Area = ½ × adjacent × opposite

Area = ½ × 13 × 10

Area = 13(5)

Area = 65 cm²

Hence, the area is 65 cm²

2) If m∠AOB = 32° and m∠BOC = 17°, find m∠AOC

Now, as per the diagram ∠AOB and ∠BOC together makes ∠AOC

So,

∠AOB + ∠BOC = ∠AOC

32° + 17° = ∠AOC

∠AOC = 49°

Hence, the answer is 49°

3) Find the measure of each angle and justify your work

m∠1 = x + 10°

m∠2 = 3x + 18°

According to the diagram we can observe that a ray is drawn between ∠1 and ∠2. So, we for gettin x we need to apply using linear pair [name of the theorem]

In linear pair two angles makes 180°

So, adding two angles we get 180° and from there we can get x

∠1 + ∠2 = 180°

x + 10° + 3x + 18° = 180°

4x + 28° = 180°

4x = 180° - 28°

4x = 152°

x = 152/4

x = 38°

So, if you need to get ∠1 and ∠2 here it's!

∠1 = x + 10° = 38° + 10° = 48°

∠2 = 3x + 18° = 3(38°) + 18° = 114° + 18° = 132°

4) AB + BC = AC is justified by which option below

Here the answer would be the third option

Segment Addition Postulate is the answer

5) What is the value of x ?

Here two lines are drawn and a line n which passes through l and m

So, on l we get 5x + 10

and on m we get 3x + 2

Now, as we can see that they are alternate angles

So, using the property we can get the value of x

As we know that alternate angles equal each other. So,

l = m

5x + 10 = 3x + 2

5x - 3x = 2 - 10

2x = -8

x = -4

Hence, the value of x is -4 which is the last option

HELP PLS.... ITS QUICK AND EASY... DUE IN A COUPLE MINS. PLS HELP

Answers

Answer:

see below

Step-by-step explanation:

a) no of hours in a day = 24

no of min in a day = 24 * 60

so min > hours

b) from 0 to 20 all are integers

but few are prime numbers

so integers > primes

c)from -50 to 50

rational numbers are infinite but integers are limited to 101 numbers

so rational > integers

d)1m = 100cm

so always cm > m

Segments BF, CD, and AE are medians for triangle ABC. Point K is the intersection of all three medians. The measure of segment FK is 3.40 cm and segment EK = 1.63 cm. Find the sum of the lengths of segments AK and BK.

Answers

The point of concurrency of the three median is the centroid of the triangle ABC.

The sum of the lengths of AK and BK is 10.06

Reasons:

The given parameters are;

The medians of the triangle ABC = Segments BF, CD, and AE

The  length of segment FK = 3.40

Length of segment EK = 1.63

Required:

The sum of the lengths of segment AK and BK

Solution:

The ratios of the lengths of AK to KE = 2:1

Therefore, we have;

[tex]\dfrac{AK}{KE} = \dfrac{2}{1} = \mathbf{\dfrac{AK}{1.63}}[/tex]

1.63 × 2 = 1 × AK

AK = 3.26

Similarly, we have;

[tex]\dfrac{BK}{KF} = \dfrac{2}{1} = \mathbf{\dfrac{BK}{3.40}}[/tex]

3.40 × 2 = BK

6.80 = BK

Which gives;

AK + BK = 3.26 + 6.80 = 10.06

The sum of the lengths of AK and BK = 10.06

Learn more here:

https://brainly.com/question/7856454

What is x in x^2-x-6=0 pls

Answers

Answer:

x = 2 or -3

Step-by-step explanation:

What is x in x^2-x-6=0 pls

x^2 - x - 6 = 0

x + 2 * x - 3 = 0

x + 2 = 0

x - 3 = 0

x = 2 or -3

Answer:

x= -2 or x= 3

Explanation:

the factors of -6 which sum to -1 are -3 and + 2

(x - 3) (x + 2) = 0

equate each factor to zero and solve for x

x + 2 = 0 ⇒ x = −2

x − 3 = 0 ⇒ x = 3

A cheetah can run at its top speed for about 25 seconds. If
the cheetah can run 125 meters in 5 seconds, how far can it
run in 25 seconds? How long will it take it to run 250 meters?
How many meters does it run per second?



No bots plsss

Answers

Answer:

625 meters in 25 seconds

250 meters in 10 seconds

Step-by-step explanation:

125 x 5 = 625

125 x 2 = 250

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