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Maltbee Lawn Service Income Statement and Balance Sheet

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Following Month income statement
"Customers are billed when serviced and settle their accounts in the following month." I am supposed to construct an income statement for three straight months but I do not know where to put the revenue. So for instance the company made $15,000 in revenue for April, would this...

Economics
ob's lawn-mowing service is a profit-maximizing, competitive firm. Bob mows lawns for $27 each. His total cost each day is $280, of which $30 is a fixed cost. He mows 10 lawn a day. What can you say about Bob's short-run decision regarding shut down and his long-run decision ...

accounting
Question: Because Aqua Elite, Inc. is a new startup business, the beginning balances in all the general ledger accounts are zero to start. n The length of the accounting periods are three months using a fiscal calendar year. (A fiscal calendar is on a yearly basis other than a...

Statement of Business Income
Benjamin O'Henry has owned and operated O'Henry's Data Services since its beginning ten years ago. From all appearances, the business has prospered. In the past few years, you have become friends with O'Henry and his wife. Recently, O'Henry mentioned that he has lost his zest ...

bookkeeping
Worksheet (Use the information from the trial balance in Exam Figure 2. Write the worksheet information on the form in Exam Figure 1.) You’ll need the following adjustment information: a. P. Woodsley counted the supplies on May 31 and found that the supplies on hand were $...

Trial Balance Sheet
need help with trial balance for Masasi company for June 30,2008

accounting
Maria Gonzalez opened a veterinary business in Nashville, Tennessee, on August 1. On August 31, the balance sheet showed Cash $9,000, Accounts Receivable $1,700, Supplies $600, Office Equipment $6,000, Accounts Payable $3,600, and M. Gonzalez, Capital $13,700. During September...

accounting
The major difference in the statement of retained earnings between a service business and a Merchandising business is A. that the retained earnings statement of a merchandising business includes dividends. B. that the retained earnings statement of a merchandising business ...

physics
A lawn roller is rolled across a lawn by a force of 109 N along the direction of the handle, which is 24.2 above the horizontal. If the lawn roller develops 66.1 W of power for 64 s, what distance is the roller pushed? Answer in units of m.

physics
A lawn roller is rolled across a lawn by a force of 109 N along the direction of the handle, which is 24.2 above the horizontal. If the lawn roller develops 66.1 W of power for 64 s, what distance is the roller pushed? Answer in units of m.

physics
A lawn roller is rolled across a lawn by a force of 109 N along the direction of the handle, which is 24.2 above the horizontal. If the lawn roller develops 66.1 W of power for 64 s, what distance is the roller pushed? Answer in units of m.

Banking
What is the bottom line on an income statement ? A. The gross margin B. The final sales C. The total operating expences D. The net income (or loss)

Fianancial Accounting
I am trying to prepare an unadjusted trial balance for Aqua Elite, Inc. I have done it twice and it doesnt balance. I am not sure I am doing the right calculations. The information is as follows: Because Aqua Elite, Inc. is a new startup business, the beginning balances in all...

Math
Moniques credit card charges interest of 20.85% per annum on unpaid balances on her march 12 statement. she had a balance of $739.65 due by the due date, she made the minimum payment (5% or 10.00, Whichever is greater.) On march 16. She made a purchase of $179.39 a)If she ...

Accounting
Case 13-5 Lease Classifications Doherty Company leased equipment from Lambert Company. The classification of the lease makes a difference in the amounts reflected on the balance sheet and income statement of both Doherty and Lambert. Required: What criteria must be met by the ...

accounting
A firm has in the past provided for bad debts on the basis of 10% of yr end trade receivables.The provision brought forward (brought down) on 1 Jan 2006 was €520 During the yr ended 31 December 2006 the bad debts written off amounted to €620 and the remaining trade ...

algebra
Jack usually mows his lawn in 6 hours. Marilyn can mow the same lawn in 5 hours How much time would it take them to mow the lawn together?

Algebra
JOHN MOWS HIS LAWN IN 6 HRS,WHEREAS JANE MOWS SAME LAWN IN 3 HRS?? MY QUESTION IS HOW MUCH TIME WOULD IT TAKE FOR BOTH TO MOW THE LAWN TOGETHER???

Math 12A
A rectangular building is to be built on a lot measuring 46m by 30m. The building will be surrounded by a strip of lawn of uniform width. If the lawn takes up 30% of the lot, how wide will the lawn be?

algebra
Bob mosw his lawn in 3 hours, Jane can mow the same lawn in 5 hours. How much time would it take for them to mow the lawn together?

Finance
I need help with the following question. I have already answer question 25 and 26 so I need the following: Text Book Fundamentals of Corporate Finance After you have completed your income statement and balance sheet, compute the following financial ratios for both fiscal years...

finanical accounting
Z Corp. Balance Sheet 12/31 2000 2001 Cash $ 100 $120 Accounts receivable 250 260 Inventory 400 500 Equipment (net) 550 620 Total assets 1300 1500 Accounts payable 300 350 Mortgage payable 500 500 Capital stock (100 Shares) 200 200 Retained earnings 300 450 Total equities 1300...

financial management
I have to do a revenue and expense statement and balance sheet for 2 years I have find the dollar differences and the percentage rate. My mind is a blank I do not remember how to find the percent of financial statements. Is it the same as finding the percent in anything else?

Math 12A
A rectangular building is to be built on a lot measuring 46m by 30m. The building will be surrounded by a strip of lawn of uniform width. if the lawn takes up 30% of the lot, how wide will the lawn be? Need you help

Accounting
The following information was made available from the income statement and balance sheet of Lauren Company. Item 12/31/10 12/31/09 Accounts Receivable $53,400 58,600 Accounts Payable 35,600 32,700 Merchandise Inventory 85,000 79,000 Sales (2010) 243,000 Interest Revenue (2010...

accounting
P15-1 Comparative statement data for Douglas Company and Maulder Company, two competitors, appear below. All balance sheet data are as of December 31, 2009, and December 31, 2008. Douglas Company Maulder Company 2009 2008 2009 2008 Net sales $1,549,035 $339,038 Cost of goods ...

Math
If Bill can now a lawn in 'x' hours, what part of the lawn can he now in 2 hours? A) 2/x B) x/2 C) 1/2 D) 1/x Okay, so I've tried this one. I'm thinking, since I don't know how long it takes him to mow the lawn, I think you would divide x from 2? I'm not sure, please help me

The Power of Media
#1. Which of the following is an example of a print medium? a) a blog b) a newspaper c) a magazine’s website d) all of the above ******* #2. Which of the following is an example of a public service announcement, or PSA? a) a commercial advertising an unscented detergent b) a...

accounting
The following information was made available from the income statement and balance sheet of Lauren Company. Item 12/31/10 12/31/09 Accounts Receivable $53,400 58,600 Accounts Payable 35,600 32,700 Merchandise Inventory 85,000 79,000 Sales (2010) 243,000 Interest Revenue (2010...

physics
Three sheets of plastic have unknown indices of refraction. Sheet 1 is placed on top of sheet 2, and a laser beam is directed onto the sheets from above. The laser beam enters sheet 1 and then strikes the interface between sheet 1 and sheet 2 at an angle of 19.8° with the ...

physics
Three sheets of plastic have unknown indices of refraction. Sheet 1 is placed on top of sheet 2, and a laser beam is directed onto the sheets from above. The laser beam enters sheet 1 and then strikes the interface between sheet 1 and sheet 2 at an angle of 19.8° with the ...

accounting
The Fast Delivery Service submitted the transactions given below. Analyze these business transactions. a. On October 1st, Joseph took $25,000 from personal savings and deposited the amount to open a business checking account in the name of Fast Delivery Service. b. On October ...

accounting
Sherrod, Inc., reported pretax accounting income of $89 million for 2006. The following information relates to differences between pretax accounting income and taxable income: Income from installment sales of properties included in pretax accounting income in 2006 exceeded ...

Mergers and Acquisitions
Fair value determination of goodwill and calculating the premium paid over market value in a merger: Using fair value accounting for goodwill, under FAS 141R, determine the amount of Goodwill that "the acquiring company" enters on its balance sheet in the following situation: ...

Consumer Math
The amount left when you subtract last month's payment from last month's balance on a credit card statement is the (Points : 2) APR. unpaid balance. new balance. minimum payment.

math
A square of lawn is surrounded by a path 0.5m wide,,the area of the lawn is 23m^2 bigger than that of the area of the path ,,find the side of the lawn.

math
A square of lawn is surrounded by a path 0.5m wide,,the area of the lawn is 23m^2 bigger than that of the area of the path ,,find the side of the lawn

accounting
The list of accounts below and the unadjusted balances of these accounts were taken from the ledger of the Manville Corporation at the end of their accounting period, March 31, 20X2: Cash $ 3,995 Accounts Receivable 13,240 Allowance for Doubtful Accounts 120 Inventory—April ...

math
Describe how the QuickZoom feature of QuickBooks does or does not provide the same help in the statement of cash flows as it does in the income statement

accounting
● Case 13-4 Application of SFAC No. 13 On January 1, 2006, Lani Company entered into a non cancelable lease for a machine to be used in its manufacturing operations. The lease transfers ownership of the machine to Lani by the end of the lease term. The term of the lease ...

accounting
Your general manager called you into his office to discuss an ongoing problem. He explains that in the past, whenever he wanted to know how the projected income statement might change if sales volume changes, it would take weeks to have the accounting department redo the ...

Accounting
Directions: Be sure to make a copy of your answer before submitting it to Ashworth College for grading. Unless otherwise stated, answer in complete sentences, and be sure to use correct English spelling and grammar. Sources must be cited in APA format. Your response should be ...

National Junior Honor Society
Since I'm in the NJHS. Is there any community service hours ideas because the advisor will give us community service hours sheet. Just to let you know I'm going to the 8th grade. My goal is to complete 300 community service hours. Is there any sites that have list of ideas. So...

consumer math
1. Which of the following is an advantage of using credit cards? (Points : 1) Credit card accounts charge monthly interest. It is very easy to charge more than you can pay off each month. If you pay late, you will be charged a late fee. They are convenient. 2. The amount left ...

college accounting
For its fiscal year ending October 31, 2010, Molini Corporation reports the following partial data. Income before income taxes $540,000 Income tax expense (30% $390,000) 117,000 Income before extraordinary items 423,000 Extraordinary loss from flood 150,000 Net income $273,000...

financial management
Tribke Enterprises collected the following data from its financial reports for 2012: Stock price $18.37 Inventory balance $300,000 Expenses (excluding COGS) $1,120,000 Shares outstanding 290,000 Average issue price of shares $5.00 Gross margin % 40% Interest rate 8% TIE ratio ...

math
a 20 m by 15 m lawn is surrounded by a concrete path 2.5 m wide. Find the area of the a) lawn b) lawn and path c) path

Educational tech (Please check my answers)
1. Which of the following is an example of a print medium? A. a blog B. a newspaper C. A magazine's website D. All of the above *** 2. Which of the following is an example of a public service announcement, or PSA? A. a commercial advertising an unscented detergent B. a ...

Accounting
I have most of them done but would like to have these ones double checked... Please Help!!! 12. Research and development costs (R&D) are generally A. listed as "long-term assets" on the balance sheet. B. expensed and become part of the income statement. C. listed as "other ...

Finance
Use the following financial statements for Lake of Egypt Marina, Inc. LAKE OF EGYPT MARINA, INC Balance Sheet as of December 31, 2012 and 2011 (in millions of dollars) 2012 2011 2012 2011 Assets Liabilities and Equity Current assets: Current liabilities: Cash and marketable ...

Statistical
A botany student counted 11 blades of grass in one square centimeter of lawn and measured the lawn as a rectangle 61 m by 31 m. She reported that there were 208,010,000 blades of grass in the lawn. The precision of her conclusion: the answer is A. correctly represents her ...

Math
Tatum Company has four products in its inventory. Information about the december 31, 2009, inventory is as follows: product total total total Net cost replacement realizable cost Value 101 $120,000 110,000 100,000 102 90,000 85,000 110,000 103 60,000 40,000 50,000 104 30,000 ...

math
charge account with MasterCard. Her credit limits is $ 1,000, but she not charged that much since opening the account. Nancy hasn't had the time to review her monthly statement promptly as she should, but over the upcoming weekend she plans to catch up on her work. She has ...

math
A park is in the form of a rectangle 100 m×80 mat. At the centre of the park there is a circular lawn. The area of the park excluding the lawn is 4150 m^2 find the radius of the circular lawn

Math
Brady buys 3 gallons of fertilizer for his lawn. After he finishes spraying the lawn, he has 1 quart of fertilizer left over. How many quarts of fertilizer did Brady spray on his lawn?

Math
Mike can mow a lawn in 3 hours. Paul can mow the same lawn in 2 hours. How long would it take both of them working together to mow the lawn? The answer is suppose to be 20/9. This is what I did and I get 9/20. What am i doing wrong? 1.4x+1/5x=1 which gives u 9/20. I'm so lost...

Please help!!!!Accounting
. Leng Xiong is unable to reconcile the bank balance at January 31. Leng’s reconciliation is shown here. Cash balance per bank $3,660.20 Add: NSF check 370.00 Less: Bank service charge 25.00 Adjusted balance per bank $4,005.20 Cash balance per books $3,975.20 Less: Deposits ...

business
Which of the following is the common balance sheet layout? A. assets = liability + owner’s equity B. profit = revenue – total expenses C. return on investment = net income 􏰁 owner’s equity D. gross profit margin = gross profit 􏰁 net sales

Finance 200
11. The Sterling Tire Company’s income statement for 2008 is as follows: Given this income statement, compute the following: STERLING TIRE COMPANY Income Statement For the Year Ended December 31, 2008 Sales (20,000 tires at $60 each...

accounting
After the accounts are adjusted and closed at the end of the fiscal year, Accounts Receivable has a balance of $673,400, and Allowance for Doubtful Accounts has a balance of $11,900. Describe how the accounts receivable and the allowance for doubtful accounts are reported on ...

Precalculus
The cost of manufacturing lawn mowers is $12,320 in overhead costs and $396 per lawn mower in production costs. Marketing studies show that the best selling price is $452 per lawn mower. Find the cost function, C(x), the revenue function, R(x), and the profit function, P(x), ...

Accounting
If both my trial balance and balance sheet are balanced, my business should breakeven with no gain or loss. But my accountant told me my business has lost $500,000. Could my accountant be right?

accounting
7-B1 $ refers to New Zealand dollars. 1. January February March Schedule a: Sales Budget $62000 $70000 $38000 Total sales (100% on credit) Schedule b: Cash Collections Current month's sales 37200 42000 22800 7000 Previous month's sales 7500 18600 21000 3800 Second previous ...

economics
Given the following exports of merchandise 107 exports of services 34 net unilateral transfers 7 statistical discrepancy 0 official settlements balance 22 imports of services 22 capital inflow 6 imports of merchandise 119 capital outflow 29 Calculate the balance on merchandise...

Childcare
13. The Income Statement for Tiny Tykes Day Care reveals total revenues of $181,575 and total expenses of $159,657. The profit margin for Tiny Tykes is A. 87.9%. B. 12.1%. C. 1.2%. D. impossible to determine from the information given. The correct answer is B 14. What was the ...

math
In a lawn, there is a patch of clover. Every week, the patch doubles in size. If it takes 12 weeks for the patch to cover the entire lawn, how long would it take for the patch to cover half of the lawn?

Accounting
Argo Sales Corporation has in recent years maintained the following relationships among the data on its financial statements: Gross profit margin 40% Net profit margin 10% Rate of selling expenses to net sales 20% Accounts receivable turnover 8 times per year Inventory ...

Math
In interviewing November's statement she notices that her beginning balance was $600 and that she made a $200 payment on November 10. She also charged purchases of $80 on November, 5, $100 on November 15, and $50 on November 30. She paid $5.27 in interest the month before. She...

accounting
The two cases described below are independent of each other. Each case provides the information necessary to prepare the stockholders' equity section of a corporate balance sheet. a. Early in 2007, Wesson Corporation was formed with the issuance of 50,000 shares of capital ...

accounting
On december1 Doris opened a speech and learning clinic.during december,her firm had the following transaction involving revenue and expenss.did the firm earn a net income or incur a net loss for the period? what was th amount? Paid 2,600 for advertising. provided service for 2...

Accouting
I need to prepare a multi-step income statement for Coyote, Inc from a single-step statement. Thuis is the following information that I was given. Net sales $1,833,000 Interest Income 13,000 __________ 1,846,000 Costs and expenses Cost of goods sold 1,072,000 Selling expenses ...

Finance
From the information that follows, prepare an income statement and balance sheet for ABC Management Consulting for presentation at the annual board of directors meeting. Use proper formatting of financial statements by reviewing the various illustrations and exhibits in the ...

accounting
Christy Burch and Myung Lim, partners, compared their current income statement with their income statement of a year ago. They noted that sales were 12.0% higher than a year ago. They also noted that the total expenses were 20.0% higher than a year ago. What type of analysis ...

math
Nancy Tai has recently opened a resolving charge account with MasterCard. Her credit limits is $ 1,000, but she not charged that much since opening the account. Nancy hasn't had the time to review her monthly statement promptly as she should, but over the upcoming weekend she ...

Economics
Taxable income is A) total income less deductions and exemptions. B) earned income less property income. C) all income other than wages and salaries. D) wage and salary income only. E) all earned income is it a?

Ed Tech @Ms.Sue
Check my answers please Ms.Sue 1.Which of the following is and example of print media? A. a blog B. a newspaper** C. a magazine's website D. all of the above 2.Which of the following is an example of public service announcement, or PSA? A. a commercial advertising an unscented...

business/accounting
Christy Burch and Myung Lim, partners, compared their current income statement with their income statement of a year ago. They noted that sales were 12.0% higher than a year ago. They also noted that the total expenses were 20.0% higher than a year ago. What type of analysis ...

bus math
Solve the problem. Express answers as a percent rounded to the nearest tenth. 20) Complete a vertical analysis on the balance sheet for Jake's Janitorial Service for December 31 of last year. The company assets are cash $20,000, accounts receivable $48,000, merchandise ...

accounting
Tribke Enterprises collected the following data from its financial reports for 2012: Stock price $18.37 Inventory balance $300,000 Expenses (excluding COGS) $1,120,000 Shares outstanding 290,000 Average issue price of shares $5.00 Gross margin % 40% Interest rate 8% TIE ratio ...

Accounting
Could someone please look this over and tell me if I have this correct? I am not confident in the Trial Balance. May 1 Cash 101 25,000 Common Stock 311 25,000 3 Supplies 126 2,500 Accounts Payable 201 2,500 7 Rent Expense 729 900 Cash 101 900 11 Accounts Receivable 112 2,100 ...

Financial Accounting
From the information that follows, prepare an income statement and balance sheet for ABC Management Consulting for presentation at the annual board of directors meeting. Use proper formatting of financial statements by reviewing the various illustrations and exhibits in the ...

adult education
you are a CEO at a human service Agency, who just took over another small human service agency. Now convince the board of directors why you need a new mission statement

financial management
Tribke Enterprises collected the following data from its financial reports for 2012: Stock price $18.37 Inventory balance $300,000 Expenses (excluding COGS) $1,120,000 Shares outstanding 290,000 Average issue price of shares $5.00 Gross margin % 40% Interest rate 8% TIE ratio ...

accounting
a merchandising company wants to include the cost of operating its warehouse in the cost of inventory. The company’s controller argues that the cost of the warehouse is a reasonable and necessary cost of getting the inventory ready for sale and, therefore, should be included...

accounting
a merchandising company wants to include the cost of operating its warehouse in the cost of inventory. The company’s controller argues that the cost of the warehouse is a reasonable and necessary cost of getting the inventory ready for sale and, therefore, should be included...

accounting
a merchandising company wants to include the cost of operating its warehouse in the cost of inventory. The company’s controller argues that the cost of the warehouse is a reasonable and necessary cost of getting the inventory ready for sale and, therefore, should be included...

accounting
Eddings Company had a beginning inventory of 400 units of Product XNA at a cost of $8.00 per unit. During the year, purchases were: Feb. 20 600 units at $9 Aug. 12 300 units at $11 May 5 500 units at $10 Dec. 8 200 units at $12 Eddings Company uses a periodic inventory system...

math
Eddings Company had a beginning inventory of 400 units of Product XNA at a cost of $8.00 per unit. During the year, purchases were: Feb. 20 600 units at $9 May 5 500 units at $10 Aug. 12 300 units at $11 Dec. 8 200 units at $12 Eddings Company uses a periodic inventory system...

accounting
Unit 1 Individual Project Deliverable Length: 2-3 paragraphs Details: The proprietors of two businesses, L.L. Sams Company and Melinda Garcia Career Services, have sought business loans from you. To decide whether to make the loans, you have requested their balance sheets. ...

introduction to accounting
a merchandising company wants to include the cost of operating its warehouse in the cost of inventory. The company’s controller argues that the cost of the warehouse is a reasonable and necessary cost of getting the inventory ready for sale and, therefore, should be included...

Investing
In a statement of cash flows, the cash flows from investing activities section should report a.the issuance of common stock in exchange for a factory building. b.stock dividends received. c.a major repair to machinery charged to accumulated depreciation. d.the assignment of ...

Finance
Eric Jones develops computer software for a major company. Eric's salary and bonuses total $82,000, but he pays $29,233 in income and social security taxes. If Eric's annual debt repayments are $33,620, what is his debt service-to-income ratio?

Accounting
T/F Questions The main reason that the bank statement cash balance and the company's cash balance do not initially balance is due to timing differences. Sales Discounts is a revenue account with a credit balance. Multiple Choice: Assuming a 360-day year, proceeds of $48,750 ...

ACCT 2100
The bookkeeper for Andy’s Country Music Bar went insane and left this incomplete balance sheet. Andy’s working capital is $95,000 and its debt to assets ratio is 40 percent. Required: Complete the balance sheet by supplying the missing amounts. (Round your answers to the ...

Acct
How do you Calculate cash on the balance sheet

duratioon
how to calculate duration of a balance sheet

accounting
initial investment in the company of $26,200 cash. Here are the assets and liabilities for the month of June, its first month of operation. Cash $4,600.00 Accounts receivable $4,000.00 Revenue $7,000.00 Supplies $2,400.00 Advertising expense $400.00 Equipment $29,000.00 Notes ...

smith
tom can mow a lawn in 4 hours. perry can mow the same lawn in 5 hours. how long for them to mow the lawn together?

QuickBooks Accounting
Describe how the QuickZoom feature of QuickBooks does or does not provide the same help in the statement of cash flows as it does in the income statement.

Managerial Accounting Practices
Your general manager called you into his office to discuss an ongoing problem. He explains that in the past, whenever he wanted to know how the projected income statement might change if sales volume changes, it would take weeks to have the accounting department redo the ...

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