Use the following information for the year ended December 31, 2022. Supplies $1,700 Service revenue $20,000 Operating expenses 10,400 Cash 14,700 Accounts payable 11,100 Dividends 6,600 Accounts receivable 4,900 Notes payable 1,500 Common stock 11,500 Equipment 11,000 Retained earnings (beginning) 5,200 Calculate the following: (Enter loss using either a negative sign preceding the number e. g. -45 or parentheses e. g. (45).) Net income / (net loss) $enter a dollar amount 9600 Ending retained earnings $enter a dollar amount 8200 Total assets $enter a dollar amount 32300

For june, gold corp. estimated sales revenue at $600,000. it pays sales commissions that are 4% of sales. the sales manager's salary is $285,000, estimated shipping expenses total 1% of sales, and miscellaneous selling expenses are $15,000. how much are budgeted selling expenses for the month of july if sales are expected to be $540,000.

Renaldo scanlon is a financial consultant. he earns $30 per hour and works 32.5 hours a week. what is his straight-time pay?

Fanning books buys books and magazines directly from publishers and distributes them to grocery stores. the wholesaler expects to purchase the following inventory: april may june required purchases (on account) $ 111,000 $ 131,000 $ 143,000 fanning books accountant prepared the following schedule of cash payments for inventory purchases. fanning books suppliers require that 85 percent of purchases on account be paid in the month of purchase; the remaining 15 percent are paid in the month following the month of purchase. required complete the schedule of cash payments for inventory purchases by filling in the missing amounts. determine the amount of accounts payable the company will report on its pro forma balance sheet at the end of the second quarter.