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satela [25.4K]
2 years ago
13

Presented here are liability items for Windsor, Inc. at December 31, 2017. Accounts payable $329,700 FICA taxes payable $16,380

Notes payable (due May 1, 2018) 42,000 Interest payable 84,000 Bonds payable (due 2021) 1,890,000 Notes payable (due 2019) 168,000 Unearned rent revenue 504,000 Income taxes payable 7,350 Discount on bonds payable 86,100 Sales taxes payable 3,570
Prepare the liabilities section of Windsor, Inc's balance sheet.
Business
1 answer:
ANTONII [103]2 years ago
7 0

Answer and Explanation:

The preparation of liabilities section of Windsor, Inc's balance sheet is shown below:-

                                      Balance Sheet

                    Windsor, Inc. at December 31, 2017

Liabilities

Current liabilities

Notes payable  1 May                   $16,380

Accounts payable                         $329,700

Unearned rent revenue                $504,000

Interest payable                             $84,000

FICA taxes payable                        $16,380

Income taxes payable                     $7,350

Sales tax payable                             $3,570

Total current liabilities                                       $961,380

Long Term Liabilities  

Bonds payable                                $1,890,000

Note payable                                   $168,000

Discount on bonds payable           ($86,100)

Total Long Term Liabilities                              $1,971,900

Total Liabilities                                                $2,933,280

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Answer: These can be explained as follows :-

Explanation: A.Causes of environmental problems :-

1. Urbanization

2. Deforestation

3. Overpopulation

4. Waste production

5. Industrialization

B. Poverty means a state of an individual in which he is not able to fulfill his or her basic necessities of life.

Usually poor people are not well educated and are not very ware about the cleanliness around them, they pollute rivers, forest and other natural resources.

The wealthy folks on the other hand, demand more goods and services leading to exploitation of natural resources.

C. People in toady's time period are not very aware about the environmental problems occurring due to heavy consumption of certain goods, inclusion of environment cost will lead to consumer awareness and it might work for the betterment of earth.

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2 years ago
A consumer lives on a diet of solely steak and potatoes. Her budget is ​$30 for every 10 days and she must buy enough potatoes t
Alja [10]

Answer:

Total= 20 potatoes + 2 steaks

Explanation:

Giving the following information:

Her budget is ​$30 for every 10 days and she must buy enough potatoes to eat at least 2 potatoes per day. If a potato costs ​$0.50 and the price of a steak is ​$10.

2 potatoes a day= 0.5*2= 1

Consumption of potatoes= 10 days*$1= $10

Consumption of steak= 30 - 10= 20/10= 2 steaks.

Total= 20 potatoes + 2 steaks

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2 years ago
This year is expected to be a great one for selling walk shoes in Georgia. At very low prices, only the most efficient shoemaker
TiliK225 [7]
All that information gives you three points to make the graph.

Point 1:

At the price of $10, the offer is 2*1,000 shoes => (10, 2,000)

At the price of $25, the offer is 10*1,200 shoes => (25, 12,000)

At the price of $40, the offer is 10*1400 + 4*500 => (40, 16,000)

Then you have three points. You can check that their are not aligned because when you increase the price $15 from 10 to 25 the offer increases in 10,000 shoes; but when you increase the price $15 from  25 to 40, the offer increases 4,000.

To draw the grpah:

- use a perpendicular coordinate system with the price in the horizontal axis and the offer in the vertical axis,

- lable the horizontal axis with the prices from 10 to 50 and the vertical axis with the offers from 1,000 to 18,000.

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2 years ago
Vaughn Manufacturing has outstanding 596000 shares of $2 par common stock and 119000 shares of no-par 6% preferred stock with a
natima [27]

Answer: $107,900

Explanation:

Cumulative Preferred Shares refer to shares that a company has to pay dividends eventually. This means that if they are unable to pay for some years, they are to accrue that payment until they are able to.

There are 119000 shares of no-par 6% preferred stock with a stated value of $5.

That means preferred shares are liable to the following amount of dividends,

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Preferred Shares have not being paid for the past 2 years and need to be paid in the current year as well. That means 3 payments,

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Preferred Shares are to be paid $107,100 out of the $215,000 with the rest going to common shares.

Amount going to Common Shares is,

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= $107,900

Common Stockholders are to receive $107,900

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Jack works in a clothing store at the mall. He is paid on commission, so the more he sells the more money he makes. When a custo
vovangra [49]

Answer:

Egoism

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