There were 14,058 million shares of this preferred stock outstanding throughout the year. determine the total dividends that ban
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<u>The Unadjusted Balance of Trial Balance is $82,350.</u>
<u>The Net Income for January 2018 is $21,300.</u>
Further Explanation:
1. and 2.
Please refer to attached Table: (1) for T-accounts and their balances.
3.
For computation of Unadjusted Balance of Trial Balance, please refer to attached Table: (2)
The balance of unadjusted trial balance is $82,350.
4.
For computation of Net Income for January 2018, please refer to attached Table: (3)
The net income for January 2018 is $21,300.
Learn More:
1. Learn more about the goal of the budget
2. Learn more about the profit margins
3. Learn more about the large expenditure
Answer details:
Grade: Middle School
Subject: Accounting
Chapter: Journal Entry and Trial Balance
Keywords: T- Account transactions, net profit, net loss, journal entry, trial balance, ledger accounts, unadjusted balance, miscellaneous expenses, rent expense, blue print expense, salary expense, automobile expense, prepaid expenses, supplies, accounts receivable, accounts payable, equipment, notes payable, common stock, professional fee, cash account, other ledger accounts, debit balance credit balance.
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Your buddy Amanda wants your advice. She presents you with the utility schedule above and wants to know how many units of Product B she should purchase to maximize her utility. She tells you the price of Product A is $6 and the price of Product B is $10. Amanda informs you she only wants to spend $48. How many units of Product B do you tell Amanda to purchase?
is given in the attachment.
Explanation:
