3
Prepare a balance sheet in proper format for the company as of December 31st
based on the following accounts. Answer questions 8 through 10 based on this
balance sheet.
5
Accounts Payable
5,000
Long-term Notes Receivable
10,000
Accounts Receivable
15,000
Accrued Expenses
8
3,000
9
Cash
10,000
Short-term Notes Payable
7,000
Retained Eamings
2.000
Accumulated depreciation
2.000
Prepaid Expenses
3.000
Capital Stock
8,000
Supplies
7,000
8. What are the company's total liabilities?

2. the language of price controls consider the market for rental cars. suppose that, in a competitive market without government regulations, the equilibrium price of rental cars is $58 per day, and employees at car rental companies earn $19.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect there are many teenagers who would like to work at car rental companies, but the minimum-wage law sets the hourly wage at $23.00. the government has instituted a legal minimum price of $87 per day for rental cars. the government prohibits car rental companies from renting out rental cars for more than $87 per day.

Which of the following is considered part of a country’s infrastructure?

Max wants to open a basic checking account at his local bank. he needs to bring his and , along with a $50 deposit, to open the account.