Required information of 8 The general ledger of Red Storm Cleaners at January 1, 2021, includes th Credits Debits $15,000 7,000 3,000 10,000 Book Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Salaries Payable Common Stock Retained Earnings Totals $ 3,000 5,900 20,000 7,000 $35,000 $35,000 The following is a summary of the transactions for the year: 1 March 2. May 3. June 4. August 12 Provide services to customers, $50,000, of which $20.00 2 Collect on accounts receivable, $17,000. 30 Issue shares of common stock in exchange for $5,000 cas 1 Paysalaries of sS AMA​

answer

step-by-step explanation:

b

step-by-step explanation:

step-by-step explanation:

part a. the differences are decreasing, so we know the sequence is not arithmetic. the ratios are constant (=3/4), so we know the sequence is geometric.

part b. from part a, we know the common ratio is 3/4, so each term is 3/4 of the one before. the initial term is the number of gallons at h=1.

g[h] = (3/4)·g[h-1]

g[1] = 384 . . . . initial value required for a recursive definition

part c. the general formula for a geometric sequence is

a[n] = a[1]·r^(n-1)

we have a[1] = 384, r = 3/4, and the term number given by h. the formula that follows is

g[h] = 384·(3/4)^(h-1)

part d. filling in the value and doing the arithmetic, we have

g[12] = 384·(3/4)^11 ≈ 384·0.042235136 ≈ 16.2183 . . gallons

part e. each gallon is 4 quarts, so

16.2183 gal × 4 qt/gal = 64.8732 qt