Activity 3 Juan's Net Income At the end of the first monyh of operations for Juan's Service Company, the business had the following accounts: Cash, Php 19,000; Prepaid Rent, Php 500; Equipment, Php 5,000 and Accounts Payable Php 2,000. By the end of the month, Jackson's had earned Php 20,000 of Revenues, Php 1,000 of Utilities Expenses and Php 1, 500 of Salaries Expenses. Calculate the net income to be reported by the company for this first month.

Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning

Seattle bank’s start-up division establishes new branch banks. each branch opens with three tellers. total teller cost per branch is $96,000 per year. the three tellers combined can process up to 90,000 customer transactions per year. if a branch does not attain a volume of at least 60,000 transactions during its first year of operations, it is closed. if the demand for services exceeds 90,000 transactions, an additional teller is hired and the branch is transferred from the start-up division to regular operations. required what is the relevant range of activity for new branch banks

Connors academy reported inventory in the 2017 year-end balance sheet, using the fifo method, as $154,000. in 2018, the company decided to change its inventory method to lifo. if the company had used the lifo method in 2017, the company estimates that ending inventory would have been in the range $130,000-$135,000. what adjustment would connors make for this change in inventory method?