Smiles entertainment had the following accounts and balances at december 31:
account debit c...
Business, 17.09.2019 05:10 minmacurafinaa
Smiles entertainment had the following accounts and balances at december 31:
account debit credit
cash $ 10,600
accounts receivable 2,120
prepaid insurance 2,640
supplies 1,120
accounts payable $ 5,300
common stock 4,300
retained earnings 960
service revenue 7,600
salaries expense 560
utilities expense 1,120
totals $ 18,160 $ 18,160
using the information in the table, calculate the company's reported net income for the period.
Answers: 1
Business, 21.06.2019 20:30, isidrocastanonox22wl
Monetary policy in the united states is carried out primarily by which of the following agencies? a. the department of the treasury b. the small business association c. the federal reserve bank d. the u. s. mint 2b2t
Answers: 1
Business, 21.06.2019 21:30, Taylor73836
Alandowner entered into a written agreement with a real estate broker whereby the broker would receive a commission of 10% of the sale price if he procured a "ready, willing, and able buyer" for the landowner's property and if the sale actually proceeded through closing. the broker found a buyer who agreed in writing to buy the property from the landowner for $100,000, the landowner's asking price. the buyer put up $6,000 as a down payment. the agreement between the landowner and the buyer contained a liquidated damages clause providing that, if the buyer defaulted by failing to tender the balance due of $94,000 at the closing date, damages would be 10% of the purchase price. the landowner included that clause because she was counting on using the proceeds of the sale for a business venture that would likely net her at least $10,000. the buyer became seriously ill and defaulted. when he recovered, he demanded that the landowner return his $6,000, and the landowner refused. the broker also demanded the $6,000 from the landowner and was refused. the broker and the buyer filed separate suits against the landowner, with the buyer pleading impossibility of performance. the two cases are consolidated into a single case. how should the court rule as to the disposition of the $6,000?
Answers: 3
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