The Retained earnings account has a credit balance of $54,000 before closing entries are made. Total revenues for the period are $72,200, total expenses are $48,300, and dividends are $15,800. What is the correct closing entry for the revenue accounts?

Answers

Answer 1

Answer: $62100

Step-by-step explanation:

The following can be deduced from the information given in the question:

Credit balance = $54000

Total revenues = $72,200

Total expenses = $48,300

Dividends = $15,800

Closing entry= Credit balance + Total revenues - (Total expenses + Dividends)

= $54000 + $72,200 - ($48300 + $15800)

= $126200 - $64100

= $62100


Related Questions

Ken flips 2 fair coins. What is the probability of obtaining the same result on each coin?

Answers

50% chance on each side

Michael's checking account balance was $345. Michael withdrew $160 three times. What is his balance now?

Answers

345-(160*3)= -135



Michael has negative 135 dollars in his account.

Answer:

The answer is -135

Step-by-step explanation:

We can do 160 times 3 which is 480 for the 3 times he withdrew $160 from his total. (Withdraw means taking, so subtraction).

Then, we do 480 minus 354 which is -135.

The lengths of a lawn mower part are approximately normally distributed with a given mean Mu = 4 in. and standard deviation Sigma = 0.2 in. What percentage of the parts will have lengths between 3.8 in. and 4.2 in.? 34% 68% 95% 99.7%

Answers

Answer:

b) 68%

The percentage of the parts will have lengths between 3.8 in. and 4.2 in

P( 3.8 ≤ x ≤ 4.2) = 0.6826 = 68 %

Step-by-step explanation:

Let 'X' be the normally distributed

mean 'μ'= 4 inches

standard deviation 'σ' = 0.2 inches

Case(i):-

when x₁ = 3.8 inches

[tex]Z_{1} = \frac{x_{1}-mean }{S.D} = \frac{3.8-4}{0.2} = -1[/tex]

Case(ii):-

when  x₂= 3.8 inches

[tex]Z_{2} = \frac{x_{2}-mean }{S.D} = \frac{4.2-4}{0.2} = 1[/tex]

The probability of the parts will have lengths between 3.8 in and 4.2 in

[tex]P( 3.8\leq x\leq 4.2) = P(-1\leq z\leq 1)[/tex]

                        = P(Z≤1) - P(Z≤-1)

                        =  0.5 +A(1) -(0.5-A(1)

                       = 2 A(1)

                       = 2×0.3413

                      = 0.6826

Conclusion:-

The percentage of the parts will have lengths between 3.8 in. and 4.2 in

P( 3.8 ≤ x ≤ 4.2) = 0.6826 = 68 %

Answer:

B

Step-by-step explanation:

E2020

A standard fair dice is rolled twice. What is the probability of getting an even number on the first roll and any number except 5 on the other?

Answers

Answer:

Step-by-step:

Well, the probability for getting an even number on the first roll is 1/2

The probability for getting not 5 would be 5/6

You can make a tree diagram.

      1                     2                   3                    4                5                    6

1  2 3 4 5 6   1 2 3 4 5 6   1 2 3 4 5 6   1 2 3 4 5 6     1 2 3 4 5 6      1 2 3 4 5 6

The numbers on the top represent the first roll. The numbers on the bottom represent the second roll. The first roll should be an even number, so we know that we should be looking at the even numbers. The second one should be anything but 5. So, what I did was look at the numbers that weren't 5. Look at the diagram with the even number at the top. then, look at the numbers that aren't 5 below. Since there are 5 numbers that aren't 5, and 3 even numbers, multiply 3 x 5 and you'll have 15. So add all the numbers at the bottom and that would be 36, so it's 15/36.

Solve this inequality.

8x + 6 less than or equel to 54

Answers

Answer:

[tex]x\le 6[/tex]

Step-by-step explanation:

We need to solve the given inequality [tex]8x+6\le 54[/tex] ....(1)

Subtract 6 on both sides of the equation as :

[tex]8x+6-6\le 54-6\\\\8x\le 48[/tex]

Dividing both sides of the equation by 8 such that,

[tex]x\le 6[/tex]

So, the value of x is less than equal to 6. Hence, this is the required solution.

Is x = 17 a solution to the equation x + 15 = 42?

guys plz help me :(​

Answers

Answer:

no

Step-by-step explanation:

x + 15 = 42

Subtract 15 from each side

x + 15-15 = 42-15

x = 27

x = 17 is not 27 so it is not a solution

Answer:

No.

Step-by-step explanation:

If you substitute 17 in for x in the equation you get 17+15=42.  Simplify to get 32=42.  This is not a true statement, so x=17 is not the answer.

what is 98.5x13? estimated guess only

Answers

Answer:

Step-by-step explanation:

HELP ASAP!!1 Write the phrase as a rate in simplest form. 320 miles on 34 gallons ​ a. 160miles/ 17 gallons ​ b. 160miles/ 34 gallons ​ c. 320gallons/ 34 miles ​ d. 320miles/ 34 gallons ​ e. 160gallons/17 gallons ​

Answers

Answer: c( 320 gallons/34 miles or d( 320 miles/34 gallons

hope it helps..

Given f(x) = –3x – 4, find f(–5).

Answers

Answer:

3x

Step-by-step explanation:

because if f is -5, -5=-3x-4, -5+4, -1=-3 divide and get 3=x

The answer is 3x if wrong I’m sorry

Dana has to pay 25% tax on any income above £24,000 per year. Dana is paid £36,000 annually. Calculate the amount of money she receives after tax each month.

Answers

Answer:

£2,750

Step-by-step explanation:

Tax rule:  25% tax on any income above £24,000 per year

It means that upto  £24,000 there is no tax and the amount above  £24,000

is taxable.

Annual payment of Dana =  £36,000

Hence, she will be taxed only on amount above  £24,000 out of £36,000.

Lets find amount above  £24,000 =  £36,000- £24,000 =  £12,000

Tax on  £12,000 = 25% of  £12,000 = 25/100 *  £12,000 =  £3,000

Thus,  £3,000 will be deducted as tax annually out of total earning of  £36,000.

Amount paid to Dana after deduction of tax annually =  £36,000 -  £3,000

Amount paid to Dana after deduction of tax annually is £33,000

As one year has 12 months , hence it can be also said that in 12 months she is paid £33,000

the amount of money she receives after tax in 12 month =  £33,000

Dividing LHS and RHS by 12

The amount of money she receives after tax in 12/12 month =  £33,000/12

The amount of money she receives after tax in 1 month =  £2,750

The amount of money Dana receives after tax each month is £2,750.

Could you Show work please

Answers

Answer:

2784 cm^2

Step-by-step explanation:

I have indicated in the pic there are 4 types of rectangles:

green : 20 x 4 = 80

red : 18 x 4 = 72

yellow : 20 x 18 = 360

blue : 18 x 16 = 288

green has 6 identical surface area so 6 x 80 = 480

red has 4 so 4 x 72 = 288

yellow has 4 so 4 x 360 = 1440

blue has 2 so 2 x 288 = 576

total : 480 + 288 + 1440 + 576 = 2784

2784 cm 2

Hi run numbing

The inverse of f(x) is a function

Answers

Answer:

The inverse of a function may not always be a function!

The original function must be a one-to-one function to guarantee that its inverse will also be a function.

Please answer correctly !!!!!!!!! Will mark brainliest answer !!!!!!!!!!!!

Answers

Answer:
• add 1 to both sides
• take the square root of both sides
• subtract 3 from both sides

Explanation:
The order I gave shows how to solve the problem.

Here are steps...
(x + 3)^2 - 1 = 35
(x + 3)^2 - 1 + 1 = 35 + 1
(x + 3)^2 = 36
x + 3 +- = (square root symbol)36
x + 3 = 6
x + 3 = -6
x + 3 - 3 = 6 - 3
x + 3 - 3 = -6 - 3
x = 3
x = -9

A diver needs to descend to a depth of 100 feet. She wants to do it in 5 equal descents. How far should she travel in each descent?

Answers

Answer:

20 feet

Step-by-step explanation:

5 descent =>100 feet

1 descent => 100÷5

= 20 descent

can someone help me!!

Answers

Answer:

y = 4x -3

Step-by-step explanation:

Suppose A and B are independent events. If P(A) = 0.3 and P(B) = 0.45, what is
P(A n B)?

Answers

Answer:

D

Step-by-step explanation:

P(A n B) given A and B are independent events is P(A) * P(B)

The probability of intersection of event A and B is 0.135, the correct option is D.

What is Probability?

Probability is the study of chance of an event to happen.

A and B are two independent events.

P(A) = 0.3

P(B) = 0.45

P(A ∩ B) = P(A) * P(B)

P(A ∩ B) = 0.3 *0.45

P(A ∩ B) = 0.135

Therefore, the probability of intersection of event A and B is 0.135, the correct option is D.

To know more about Probability

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which of the following is the solution to the inequality below?​

Answers

Answer:

14≤x

Step-by-step explanation:

-6(x-4) ≤-4(x+1)

Distribute

-6x+24 ≤-4x-4

Add 6x to each side

24 ≤-4x-4+6x

24 ≤ 2x-4

Add 4 to each side

24+4≤2x

28≤2x

Divide by 2

28/2≤2x/2

14≤x

EB and DA are diameters of circle Y. What is the measure of arc EDC?

Answers

Answer:

Option (D). 110°

Step-by-step explanation:

Since EB and AD are diameter,

[tex]m(\widehat{ECB})[/tex] = [tex]m(\widehat{ACD})[/tex] = 180°

[tex]m(\widehat{ECB})=m(\widehat{EDC})+m(\widehat{BC})[/tex] = 180° -------(1)

And [tex]m(\widehat{ACD})=m(\widehat{AB})+m(\widehat{BCD})[/tex]

180° = 40° + [tex]m(\widehat{BCD})[/tex]

[tex]m(\widehat{BCD})[/tex] = 140°

Since, [tex]m(\widehat{BCD})=m(\widehat{BC})+m(\widehat{CD})[/tex]

[tex]2m(\widehat{BC})[/tex] = 140° [Given [tex]m(\widehat{BC})=m(\widehat{CD})[/tex]]

[tex]m(\widehat{BC})[/tex] = 70°

From equation (1),

[tex]m(\widehat{EDC}})[/tex] = 180° - [tex]m(\widehat{BC})[/tex]

[tex]m(\widehat{EDC}})[/tex] = 180°- 70°

Therefore, measure of arc(EDC) = 110°

Option (D) will be the answer.

Clara goes mini golfing. She pays $7.50 for an admission ticket and $6.25 for each round she golfs. The total amount Clara pays for admission and the number of rounds she golfs is $26.25. Which equation can be used to determine the number of rounds, x, that Clara golfs?

6.25x + 7.50 = 26.25

6.25x - 7.50 = 26.25

7.50x + 6.25 = 26.25

7.50x - 6.25 = 26.25

Answers

Answer:

6.25x + 7.50 = 26.25

Step-by-step explanation:

Given that

The admission fee is = $7.50

Each round costs = $6.25

Total money Clara paid = $26.25

The computation of equation can be used to determine the number of rounds, x, that Clara golfs is shown below:-

we assume the number of rounds = x

Here, We can denote this equation in the following form

[tex]6.25x+7.50=26.25[/tex]

Therefore with the help of above equation we can now find out the x value

[tex]6.25x=26.25-7.50[/tex]

[tex]=> 6.25x=18.75[/tex]

[tex]=> x = 3[/tex]

So, Clara played 3 rounds of golf.

Can someone help me please thank you it’s geometry

Answers

Answer:

alternate exterior angles

Step-by-step explanation:

The two horizontal lines are simply two lines.

The other line is a transversal since it intersect the two lines at two different points.

Angles 1 and 8 are on two different sides of the transversal. That makes them alternate angles. They are on the outside of the two lines. That makes them exterior angles. Put the two things together and they are:

alternate exterior angles

The value of a painting can be predicted by the expression 120(1.08)t, where t is the number of years since 2014.
What does the value 120 represent?

1. the predicted value of the painting in 2014

2. the predicted change in the value of the painting each year

3. the predicted percent change in the value of the painting each year

4. the number of years for which the value of the painting is predicted to continue changing

Answers

Answer:

1. the predicted value of the painting in 2014

Step-by-step explanation:

In the expression, 120 represents the initial value of the painting.

In expression [tex]120(1.08)^t[/tex], t is the number of years since 2014, and 120 represents the predicted value of the painting in 2014.

Exponential growth occurs if a quantity increases by the same factor over equal  intervals of time and if a quantity increases by the same factor over equal  intervals of time then it is said to be exponential decay.

Let f(x) = .................

Answers

Answer:

= -9/2

Step-by-step explanation:

g(x) = -2x^2 -4

Let x = 1/2

g(1/2) = -2 (1/2)^2 -4

        = -2 ( 1/4) - 4

        -1/2 -4

      - 4 1/2

= -9/2

triangle jkl is similar to triangle tuv. find the missing side length of triangle tuv. JK=10in JL=8in KL=13in TU=7.5 UV=9.75 find TV

Answers

Answer:

TV=6 inch

Step-by-step explanation:

If Triangle JKL is similar to Triangle TUV, the following ratio applies.

[tex]\dfrac{JK}{TU}= \dfrac{KL}{UV}=\dfrac{JL}{TV}\\$JK=10in., JL=8in., KL=13in., TU=7.5., UV=9.75\\\dfrac{10}{7.5}= \dfrac{13}{9.75}=\dfrac{8}{TV}\\$Picking any two equal ratios\\ \dfrac{13}{9.75}=\dfrac{8}{TV}\\$Cross multiply\\13*TV=8*9.75\\TV=8*9.75 \div 13\\$TV=6 inch[/tex]

Given PB tangent. PV,PU Secants. If m VU=70 degrees and m ST=30 degrees, then m angle 2=? 20,50,35

Answers

Answer:

50

Step-by-step explanation:

Answer:

50

Step-by-step explanation:

odysseywar said i got it right

Charisse was riding north then she turned 90° to the left after turning in what direction was charisse riding Explain your answer

Answers

Answer:

west

Step-by-step explanation:

Answer:

West

Step-by-step explanation:

90 deg left of north is west.

can someone help me pls !!

Answers

Answer:

you're on a computer, you can literally just look up the answer.

Step-by-step explanation:

a) Find the square number
7
12
20
25
27
b) Find the cube number
7
12
20
25
27

Answers

Answer:

a) 25

5² = 5×5 = 25

b) 27

3³ = 3×3×3 = 27

(a) The square number is 25.

(b) The cube number is 27.

The following information should be considered:

The square number is the number that should be multiplied by itself.While on the other hand, the cube number is the number that should be multiplied it by 3 times itself.

So based on the given options, we can conclude that

(a) The square number is 25.

(b) The cube number is 27.

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2 3 x = − 1 2 x + 5 what is x?

Answers

Answer: 1/7

Step-by-step explanation:

23x = -12x + 5

23x + 12x = 5

35x = 5

x = 1/7

f(x) = 4x^2+2x+6 what is the discriminant of f? How many distinct real number zeros does f have?

Answers

Answer:

The discriminant of f is 92, and it has no real zeros

Step-by-step explanation:

The discriminant of a quadratic is [tex]b^2-4ac[/tex], where the quadratic is in the form [tex]ax^2+bx+c[/tex]. The discriminant of this one is therefore:

[tex]2^2-4(4)(6)=4-96=-92[/tex]

Since the square root of a negative number is imaginary, this quadratic has no real number zeros. Hope this helps!

Find the area of the triangle.
a.
620 sq. m
c.
540 sq. m
b.
270 sq. m
d.
980 sq.m

Answers

Answer:

[tex]270 \:m^2[/tex]

Step-by-step explanation:

The area of the triangle.

[tex]bh\frac{1}{2}[/tex]

[tex]b \times h \times \frac{1}{2}[/tex]

[tex]20 \times 27 \times \frac{1}{2}[/tex]

[tex]540 \times 1/2[/tex]

[tex]=270[/tex]

The area of triangle would be;

⇒ Area of triangle = 270 m²

Since, A triangle is a three sided polygon, which has three vertices and three angles which has the sum 180 degrees.

Here, Given that;

Base of triangle = 20 m

Height of triangle = 27 m

Now, We know that;

Area of triangle = 1/2 × Base × Height

Substitute all the values, we get;

Area of triangle = 1/2 × Base × Height

⇒ Area of triangle = 1/2 × 20 × 27

⇒ Area of triangle = 270 m²

Thus, The area of triangle would be;

⇒ Area of triangle = 270 m²

Learn more about the triangle visit;

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