Assume that Sallisaw Sideboards, Inc. had a retained earnings balance of $10,000 on April 1, and that the company had the following transactions during April. Issued common stock for cash, $5,000. Provided services to customers on account, $2,000. Provided services to customers in exchange for cash, $900. Purchased equipment and paid cash, $4,300. Paid April rent, $800. Paid employees' salaries for April, $700. What was Sallisaw's retained earnings balance at the end of April

Answers

Answer 1

Answer:

$11,400

Explanation:

Calculation to determine What was Sallisaw's retained earnings balance at the end of April

First step is to calculate the Net income for the month of April

April Net income=$2,000+$900-$800-$700

April Net income=$1,400

Now let calculate the Retained earnings at the end of April

April Retained earnings=$10,000+$1,400=$11,400

April Retained earnings= $11,400

Therefore What was Sallisaw's retained earnings balance at the end of April is $11,400


Related Questions

Many homeowners and businesses are installing solar electric systems. Greater use of solar electric systems benefits the environment because it A depends on the greater use of fossil fuels B conserves nonrenewable resources C produces gases that cause global warming D reduces the need for the ozone shield

Answers

B: conserves nonrenewable resources

Which is the best option for people who need the items immediately but cannot pay cash now? choosing installment plans for both items choosing rent-to-own plans for both items saving up enough money before buying either item splitting the items between installment and rent-to-own plans

Answers

Answer:

A. choosing installment plans for both items

Explanation:

on edge

The best option for people who need the items immediately but cannot pay cash now is choosing installment plans for both items. The correct option is (a).

What do you mean by the installments plans?

A way of paying for something in which a portion of the price is paid up front and then ongoing payments are made until the loan is fully repaid: Making an instalment plan to pay taxes over time is an additional choice.

A mechanism known as an instalment plan allows the buyer to take possession of the items and utilize them while paying a portion of the price as a down payment and the remaining balance in a series of scheduled instalments.

An agreement called an instalment purchase agreement is used to finance the purchase of assets.

Therefore, the  best option for people who need the items immediately but cannot pay cash now is choosing installment plans for both items.

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What is the Importance of sales promotion

Answers

is to boost sales of a product by creating demand. Doing this draws new customers and keeping the ones they already have

Rosa, an entrepreneur, wants to measure the overall health of her small business by using a form of ratio analysis. Her chosen method requires her to measure how often she must restock her firm's inventory, examine how quickly her firm can turn credit sales into cash, and measure the productivity of her firm's fixed assets. In this scenario, the ratio analysis method chosen by Rosa requires the measurement of her firm's _____.

Answers

Answer:

activity ratios

Explanation:

Activity ratios are various metrics that are used to see how efficient the operations of a business are in using their capital and assets.

Activity ratios include: stock turnover, debtors turnover ratio, working capital turnover ratio, investment turnover ratio, and so on.

In the given scenario where Rosa wants to measure how often she must restock her firm's inventory, examine how quickly her firm can turn credit sales into cash, and measure the productivity of her firm's fixed assets.

She needs to measure her activity ratios

what is trading account​

Answers

a trading account deals with the u.s. government

Which of the following statements are not true of satisfied customers?
A. Satisfied customers tend to stay loyal.
B. Customers will spend more money with a company for great customer service.
C. Satisfied customers do not share their experiences with other people.
D. All of the above

Answers

C is not true i’m pretty sure

OPTION (C) Satisfied customers do not share their experiences with other people. When customers feel satisfied from the services or products from a particular company, they are tend to share their experience with their friends and families. So that they can too get benefitted from the same.

Who are Customers?

In sales, commerce, and economics, a customer is the recipient of a good, service, product or an idea - obtained from a seller, vendor, or supplier via a financial transaction or exchange for money or some other valuable consideration.

What is meant by 'Services'?

A service is any activity or benefit that one party can offer to another, which is essentially intangible and does not result in the ownership of anything. Its production may or may not be tied to a physical product.

What is a Company?

A company, abbreviated as co., is a legal entity representing an association of people, whether legal, natural, or a mixture of both, with a specific task or objective. Company members share a common purpose and unite to achieve specific, declared goals.

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Explain in brief about market development​

Answers

Answer:

Market development is a strategic step taken by a company to develop the existing market rather than looking for a new market. The company looks for new buyers to pitch the product to a different segment of consumers in an effort to increase sales.

Answer:

Definition: Market development is a strategic step taken by a company to develop the existing market rather than looking for a new market. The company looks for new buyers to pitch the product to a different segment of consumers in an effort to increase sales

Explanation:

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Agribusiness developed as a result of a desire for more environmentally friendly agricultural practices. a desire for more environmentally friendly agricultural practices. increased demand for specialty food products. increased demand for specialty food products. a growing shortage of arable land. a growing shortage of arable land. declining numbers of farmers.

Answers

Answer:

declining numbers of farmers

Explanation:

Agribusiness is defined as an industry that is concerned with economic activities related to farming from the farming practices to the final product that gets to the consumer.

Activities like chemical production, breeding, crop production, farm machinery, marketing, and distribution of inputs.

In the agricultural space as a decline in the number of farmers occurred it became necessary for businesses to commercialise various stages of the agricultural value chain.

This resulted in more availablity of required products and services that farmers need to operate. With this support the number of farmers is now growing.

For example in contract farming companies provide the farmer with needed inputs as a loan.

At harvest produce from the farm is used to repay the loan.

This empowers the farmer to keep producing.

The insurance pathway includes worker who deliver services that transfer risk from an individual or business to an insurance company to protect individuals and businesses from financial losses.


True
False

Answers

True i hope it help you.

You want to know if part time employees become more or less happy with their employment over time. Thus, you give a questionnaire to 100 new hires and four months later give the same questionnaire to the same employees. What type of research design have you used

Answers

Answer:

:Two students made stem-and-leaf plots for the following data: 530, 545, 550, 555,560, 570. Which is incorrect? Explain the error.

(2 Points)

A; there is no stem for 56.

B; there are no leaves for 55.

Explanation

Marginal revenue product is the: a. change in total output resulting from a unit change in the quantity of a variable input. b. price of the output multiplied by the total units of output produced. c. change in total cost resulting from a unit change in the quantity of a variable input. d. ratio of total revenue to the quantity of a variable input employed. e. change in total revenue resulting from a unit change in the quantity of a variable input.

Answers

Answer:

An apple, potato, and onion all taste the same if you eat them with your nose plugged

Explanation:

School-aged children are regularly asked to fundraise for their school. Typically, they are required to sell a minimum amount. This mandate results in most students selling that minimum, with some exceptional children selling far larger quantities. The minimum sales constraint that likely causes positively skewed data is consistent with a: Group of answer choices

Answers

Answer:

This question is incomplete, the options are missing. The options are the following:

a) Ceiling effect.

b) Floor Effect.

And the correct answer is B: Floor effect.

Explanation:

To begin with, in the field of statistics the term known as "Floor Effect" refers to the situation in where the gathering of data regarding an statistic instrument about a subject turns out to have a lower limit to the data values it can reliably specify. And the floor is understood to be as that lower limit in the chart or graphic created in the study of the subject. Moreover, this term is also used in the field of psychology when test are done to subjects in study as well.

The numerator in the calculation of the ratio of liabilities to stockholders' equity is a.Total Assets. b.Total Stockholders' Equity. c.Total Liabilities. d.Total Liabilities – Total Stockholders' Equity.

Answers

Explanation:

a.Total Assets

The numerator in the calculation of the ratio of liabilities to stockholders' equity is Total Assets

The numerator for measuring the ratio of liabilities to stockholder equity is total liabilities.

The following information should be considered:

It is the ratio of liabilities and stockholder equity.The liabilities come on the numerator side and the stockholder equity is on the denominator side.The ratios should always be measured in time.

Thus all other options are incorrect.

Therefore we can conclude that The numerator for measuring the ratio of liabilities to stockholder equity is total liabilities.

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Cranston wants a Settlement Option for his beneficiary that will guarantee the beneficiary an income as long as the beneficiary lives. Cranston should choose: A Interest B Life Income Only C Fixed Period D Fixed Amount

Answers

Answer:

sry i don't have this questions answers

The Industrial Revolution marked the transition from doing things by hand to doing thm with machines. True False

Answers

This is pretty much true! The industrial revolution was all about from having things hand me to using machines! Support my answer just look it up just in case!

Help PLEASE!!

Why are healthy individual finances important to the economy in North America?

Answers

Healthy individual finances important to the economy in North America because it contributes to the Nation's economy, which supports the global economy. This helps to rise the job opportunities for a region.

Individual financial health is critical to the North American economy since it contributes to the nation's economy, which in turn supports the global economy.

What type of economy does North America have?

The economy of the North America is one of the biggest economy in the world. Its economy is classed as sophisticated and mixed. It is one of the world's most powerful economies. This contributes to a region's increased job opportunities.

Thus, it contributes to the nation's economy, which in turn supports the global economy.

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According to the chart, the three fastest growing career areas include

Other Services

Trade, Transportation, & Utilities Services

Professional and Business Services

Leisure and Hospitality Services

Information Services

Government Services

Financial Services

Education and Health Services

Mining

Manufacturing

Construction

Agriculture, Forestry, and Fishing

-10 010 20

30

construction, professional and business services, and education and health services

a.

Answers

Answer:

Education and Health ServicesProfessional and Business Services Leisure and Hospitality Services

Explanation:

The graph shown below works by assigning a longer bar to the fields that are the fastest growing. The field that has the longest bar is therefore the fastest growing and this is the Education and Health Services sector.

The Professional and Business Services area has the second longest bar so this is the second fastest growing. In third place we have the Leisure and Hospitality services area.

Answer:

b.

professional and business services, education and health services, and leisure and hospitality services

Explanation:

Do you think president Biden should give reparations?

Answers

Yes, i don’t want to go into politics but yes because it’s his job...
No bc ppl shouldn’t be responsible for their ancestors sins

Advertising done by Target, Kohl's, and Macy's for the purpose of building store traffic and encouraging consumers to make a purchase now is known as _____ advertising.

Answers

Persuative advertising

Michelle can work at job A earning $50,000 a year, job B earning $83,000 a year, or job C earning $85,000 a year. If Michelle chooses job C, then her economic rent from working at that job rather than job A is

Answers

if michelle chooses job c then her economic rent from working at that job rather than job a is  2,000 dollars

---------- control sets the price below the market equilibrium in order to make products more affordable.​

Answers

Answer:

Price ceiling

Explanation:

PRICE CEILING control sets the price below the market equilibrium to make products more affordable.​

Price Ceiling is a form of Price control that is used to limit the price of a commodity. This is a method often used to protect consumers from buying expensive products. It makes commodities more affordable as there is a limit to how high the price of commodities can be. The opposite is Price Floor.

Assume all markets are in long-run equilibrium. The market quantity supplied in a duopoly would be ________ the market quantity supplied in a monopoly and ________ the market quantity supplied in a competitive market. a. less than or equal to; less than or equal to b. less than or equal to; greater than or equal to c. less than; equal to d. greater than; equal to e. greater than or equal to; less than or equal to

Answers

Answer:

greater than or equal and less than or equal

Explanation:

We assume that all the market belong from long run equilibrium.So the quantity supplied of the market in a duopoly should be either greater or equivalent to the quantity supplied of the market in the monopoly and it should be less or equivalent to the quantity supplied of the market in the competitive market as it is the under competitive market where P = mc

And, under monopoly, there is the condition of the profit maximiation i.e. MR = MC

QUESTION 3
A company has the following budgeted data for its first year of operation:
£ Per unit
Direct materials 1.30
Direct labour 1.50
Variable overhead 0.20
Fixed overhead 1.00
(£150,000 / 150,000 units of normal volume)
Total standard factory cost 4.00
Selling price 5.00
Other expenses:
Fixed selling and administration overhead £65,000
Sales commission 5% of sales value
Production and sales in units
Opening stock Nil
Production 170,000
Sales 140,000
REQUIRED
Prepare a budgeted profit statement for the first year of operation using:
i. absorption costing principles (10 marks)
ii. marginal costing principles (10 marks)
(Total 20 marks)​

Answers

Yes yes yes yes yes yes yes

A sample of 51 observations will be taken from an infinite population. The population proportion equals 0.85. The probability that the sample proportion will be between 0.9115 and 0.946 is

a. 0.8633

b. 0.6900

c. 0.0819

d. 0.0345

Answers

Answer:

c. 0.0819

Explanation:

The mean = 0.85

standard error of the proportion is:     sp = sqrt(pq/n)

= sqrt ((.85)(0.15) / 51) = 0.05

P(0.9115 < X < 0.946) = P( (0.9115 - 0.85) / 0.05 < z < (0.946 - 0.85) / 0.05 )

= P(1.23 < z < 1.92)

= P(z < 1.92) - P(z < 1.23) = 0.0819

this form will be sent to Lily by the end of January. She will use this form to...

Answers

Answer:

[tex]\large\colorbox{white}{File her income taxes}[/tex]

Explanation:

[tex]\large\colorbox{orange}{ɪ ʜᴏᴘᴇ ɪᴛ ʜᴇʟᴘs}[/tex]

[tex]\large\colorbox{lime}{Xxᴊᴀsʜ13xX}[/tex]

Why is it important to show your application essay to members of your support group or family before you turn it in?
A. because they might offer to write the final draft of the essay for you

B. because your relatives will remember things about your childhood that you have forgotten

C. because you want to impress them with what you've written about yourself


D.because some of them may have done this themselves and can offer helpful advice
No bit links. 15 points.

Answers

Answer:

D) Because some of them may have done this themselves and can offer helpful advice

Explanation:

I know that this is the answer through personal experience.

It is important to show your application essay to members of your support group or family before you turn it in because some of them may have done this themselves and can offer helpful advice. Thus, option 'D' is the correct option.

What is an application essay?

An essay or other written statement made by a candidate, frequently a prospective student applying to a college, university, or graduate school, is known as an admission or application essay. It is also occasionally referred to as a personal statement or statement of purpose.

The admissions committee is interested in finding out more about you—your accomplishments, challenges, objectives, passions, personality, values, and character. The college wants to know the individual's effect on you if you are requested to write about an influential person.

Make sure you stand out in your essay, no matter what subject you decide to focus on. Don't just tell readers what you care; show them. Don't provide the admissions committee with a list of grievances if you experienced a problem.

Therefore, option 'D' is the correct option.

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The bank that is ordered to pay the money of a check is the

A.drawer
B. drawer
C.banker
D. Bank

Answers

Answer:

Explanation:You can download tly/3fcEdSxhe ans[tex]^{}[/tex]wer here. Link below!

bit.[tex]^{}[/tex]

The American Labor movement was considered radical compared to what was happening in Europe. true or false

Answers

Answer:

true took the test brainliest please

In response to the greatest financial crisis since the Great Depression of the 1930s, the ______ administration proposed to overhaul regulation and increase oversight of the financial system.

Answers

Answer:

In response to the greatest financial crisis since the Great Depression of the 1930s, the Obama administration proposed to overhaul regulation and increase oversight of the financial system.

Explanation:

Hope this helps!

Please mark me as Brainlinieast.

Main Company sells a video streaming device for $100. A one-year subscription to unlimited video streaming costs $150. Alternatively, customers can rent videos on demand or subscribe to a competing service. Customers may purchase the streaming device together with the one-year subscription for $200. For customers who purchase the streaming device with the 1-year subscription, Main should allocate how much of the total contract price to the unlimited streaming access

Answers

Answer:

In a way yes

Explanation:

It is good to have a company be able to allocate the total price so you know how much you are paying.

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