Reference no: EM132538007
Question - Prairie Park was started on April 1 by C.J. Amaro and Associates. The following selected events and transactions occurred during April.
Apr. 1 Stockholders invested $ 50,000 cash in the business in exchange for common stock.
Apr. 4 Purchased land costing $ 30,000 for cash.
Apr. 8 Incurred advertising expense of $ 1,800 on account.
Apr. 11 Paid salaries to employees $ 1,500.
Apr. 12 Hired park manager at a salary of $ 4,000 per month, effective May 1.
Apr. 13 Paid $ 1,500 cash for a one-year insurance policy.
Apr. 17 Declared and paid a $ 1,400 cash dividend.
Apr. 20 Received $ 5,700 in cash for admission fees.
Apr. 25 Sold 100 coupon books for $ 30 each. Each book contains 10 coupon that entitle the holder to one admission to the park.
Apr. 30 Received $ 8,900 in cash admission fees.
Apr. 30 Paid $ 900 on balance owned for advertising incurred on April 8.
Amaro uses the following accounts: Cash, Prepaid Insurance, Land, Accounts Payable, Unearned Service Revenue, Common Stock; Dividends; Service Revenue, Advertising Expense, and Salaries and Wages Expense.
Instructions - Journalized the April Transactions.
|
Topic of big data and business impacts
: Research at least two articles on the topic of big data and its business impacts. Write a brief synthesis and summary of the two articles.
|
|
What the annually compounded rate of return misty needs
: What The annually compounded rate of return Misty needs to earn to reach her goal is? Misty needs to have $21,000 in four years to fulfill her goal
|
|
Healthcare information systems
: Share your experiences with healthcare information systems, past or present. Has it been an easy transition or difficult?
|
|
Code of ethics
: A code of ethics is becoming an essential part of many IT departments within organizations, as well as across companies, organizations, and society.
|
|
Journalized the April Transactions
: Amaro uses the following accounts: Cash, Prepaid Insurance, Land, Accounts Payable, Unearned Service Revenue, Journalized the April Transactions
|
|
Compute the incremental cash flows of the investment
: Compute the incremental cash flows of the investment for each year. (Do not round intermediate calculations. A negative amount should be indicated)
|
|
Calculate and explain flexible budget variance
: Bishkek LLC developed standard costs for direct material and direct labor. Calculate and explain flexible budget variance and direct material
|
|
IBM Databases-Enterprise Server Edition
: What industries are these database vendors tools or database technology platforms used in? Is the market increasing or decreasing for technology?
|
|
How are periodic and perpetual inventory systems different
: How are periodic and perpetual inventory systems different? Provide an example of a perpetual cost of goods section
|