answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Rama09 [41]
2 years ago
5

The accounts in the ledger of Monroe Entertainment Co. are listed below. All accounts have normal balances. Accounts Payable $40

9 Fees Earned $1,915 Accounts Receivable 959 Insurance Expense 436Prepaid Insurance 4,108 Land 1,791 Cash 1,309 Wages Expense 731 Drawing 321 Capital 7,331 Total assets are a. $1,915 b. $3,633 c. $8,167 d. $7,331
Business
1 answer:
JulsSmile [24]2 years ago
7 0

Answer:

Total assets  = $8167

so correct option is c. $8,167

Explanation:

given data

Accounts Payable = $409

Fees Earned = $1,915

Accounts Receivable = 959

Insurance Expense = 436

Prepaid Insurance = 4,108

Land = 1,791

Cash = 1,309

Wages Expense = 731

Drawing = 321

Capital = 7,331

to find out

Total assets

solution

we get here Total assets that is express as

Total assets = Accounts receivable + Prepaid insurance + Cash + Land  ...................1

put here value and we get  

Total assets  = 959 + 4108 + 1309 + 1791

Total assets  = $8167

so correct option is c. $8,167

You might be interested in
The partnership agreement of J. Hansen and D. Hernandez reflects differences in service and capital contributions as follows: (1
jasenka [17]

Answer:

$60,000

Explanation:

Hansen's annual salary allowance= 30,000

Hernandez's  annual salary allowance= 10,000

annual interest allowance of Hensen= 0.1 × 50,000= 5000

annual interest allowance of Hernandez= 0.1 × 50,000= 5000

Remaining balance=100000- 5000-5000-30000-10000= 50000

Share of each partner from remaining balance= 25000

Hensen's income= 25,000+ 5000+ 30000= 60,000

6 0
2 years ago
Read 2 more answers
An important __________ for Medtronic's Micra pacemaker is its unmatched small size, about the size of a vitamin capsule, which
Keith_Richards [23]

Answer:

point of difference

Explanation:

From the question we were told that , "An important point of difference for Medtronic's Micra pacemaker is its unmatched small size, about the size of a vitamin capsule, that gives room for implantation directly into the heart without invasive surgery or the need for electrical leads.

This point of difference that Medtronic's Micra pacemaker has that ,make his vitamins available for implantation directly to the heart without surgery, is as a result of point of difference in a company gives a differentiation between him/her and his/her others organization or business offering the same services.

8 0
2 years ago
Mel’s Diner is a popular café that specializes in home-cooked meals, friendly service, and a menu that contains vegan and vegeta
Katyanochek1 [597]

Answer:

The answer is: Mel´s Diner is engaging in a Niche Marketing Strategy

Explanation:

A niche marketing strategy takes place when you concentrate all your marketing efforts on an specific and well defined segment of the population.  

Mel´s Diner is differentiating themselves form all the other restaurants in their area by offering vegan and vegetarian dishes.

8 0
2 years ago
Which type of decision maker tends to choose the first available option in haste
Anit [1.1K]
The Gut follower or the random chance submitter
3 0
2 years ago
Kamal has a history of back problems, but his old insurance policy would not cover him for this condition because he had it befo
HACTEHA [7]
Preexisting condition. It was how insurance companies would not cover many conditions.
4 0
2 years ago
Other questions:
  • Julie wants to open a bank account with $75. julie estimates that she will write 20 checks per month and use her atm card at the
    13·1 answer
  • Pam's Pet Palace is considering an investment in dog grooming equipment that would increase cash receipts by $12,000 annually. T
    7·1 answer
  • On January 1, 20X9, Pirate Corporation acquired 80 percent of Sea-Gull Company's common stock for $160,000 cash. The fair value
    6·1 answer
  • A company has the following balances: Sales revenue $312,000: Sales Returns and Allowances $2,000: Sales Discounts $4,000: Cost
    12·2 answers
  • Indicate the effect of each of the following transactions on (1) the current ratio, (2) working capital, (3) stockholders’ equit
    14·1 answer
  • Business solutions's second-quarter 2018 fixed budget performance report for its computer furniture operations follows. the $159
    14·1 answer
  • One of the benefits to retirement is ___________.
    14·1 answer
  • Your investment bank has an investment of $100 million in the stock of the Swiss Roll Corporation and a short position in the st
    15·1 answer
  • How much are you willing to pay for one share of LBM stock if the company just paid an annual dividend of $2.24, the dividends i
    6·1 answer
  • This problem Set is based on materials covered in modules 1 and 2. It is designed for you to demonstrate your understanding of b
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!