Iown a factory which i could lease for $100,000 per year. instead i use it for my own business making playdo figures. i earn $200,000 per year selling my playdo figures the playdo costs me $1,000 per year. if i were not making playdo figures i would be working as a bouncer at the foothill cafeteria making $99,000 per year 's a tough crowd). considering only these my accounting profits as a playdo artist are: i own a factory which i could lease for $100,000 per year. instead i use it for my own business making playdo figures. i earn $200,000 per year selling my playdo figures the playdo costs me $1,000 per year. if i were not making playdo figures i would be working as a bouncer at the foothill cafeteria making $99,000 per year 's a tough crowd). considering only these accounting profits as a playdo artist are: a. $99,000b. $100,000c. $199,000d. $0

The following selected amounts are reported on the year-end unadjusted trial balance report for a company that uses the percent of sales method to determine its bad debts expense. accounts receivable $ 435,000 debit allowance for doubtful accounts 1,250 debit net sales 2,100,000 credit all sales are made on credit. based on past experience, the company estimates 1.0% of credit sales to be uncollectible. what adjusting entry should the company make at the end of the current year to record its estimated bad debts expense

You and your new australian bride matilda, are applying for a loan and are required to submit a balance sheet with your net worth. you own a 2008 toyota camry that you bought last month for $9,995. the kelly blue book value for this car is $13,995. you owe $8,150 on the car loan for the camry. you pay off your visa credit card every month and have not paid any credit card interest this year. the current visa credit card balance is $3,522, and the next statement is due in 15 days. you have a student loan balance of $6,500. you presently have $425 in your checking account and $1,540 in your savings account. you own 100 shares of ibm stock that you purchased for $85.50 per share. one share of ibm is now selling for $158.42. you own computers and other electronics that you purchased for $4,100 but could probably sell today on e-bay for $1,800. your gross income is $80,000 per year. what is your current net worth? (see wb ch. 2 example 2.3)

At a roundabout, you must yield to a. already in the roundaboutb. entering the roundaboutc. only if their turn signal is ond. only if they honk at you