Calculate

Alan organization puts $500,000 in value protections on April 30, 2016, and arranges them as exchanging protections. At December 31, 2016, the organization's year-end, the protections have a reasonable worth of $495,000. On February 1, 2017, the organization sells the protections for $520,000.

Which proclamation is genuine in regards to how this data is accounted for in the organization's fiscal reports?

a. The organizations 2016 monetary record reports the protections at $495,000, and gain of $20,000 is accounted for on the 2017 pay proclamation.

b.The companys 2016 monetary record reports the protections at $500,000 and no increase or misfortune shows up in the 2016 fiscal summaries.

c. The organization 2016 monetary record reports the protections at $500,000, and a deficiency of $5,000 is accounted for on the 2016 pay explanation.

d. The companys 2016 monetary record reports the protections at $495,000, and an increase of $25,000 is accounted for on the 2017 pay explanation.

Financial backers accepted the apparent security of the American dollar as the monetary emergency shook the world in 2008. In any case, since March 2009, as securities exchanges bounced back and financial backers again rolled the dice in more hazardous business sectors, the dollar has endured, bringing up issues about whether its status as a go-to money for exchange and venture would blur in the coming years. As spending deficiencies came to an expected $1.6 trillion for 2009 and the US government printed cash to fund its monetary salvage programs, different nations and financial backers began to get apprehensive. China, which holds the most dollar saves, raised worries about rising American obligation, and a portion of its high ranking representatives glided recommendations that would supplant the dollar as the world's save money. Worldwide financial backers started placing a greater amount of their cash into Euros. What's more, in October, bits of gossip surfaced that the oil-delivering nations would quit estimating oil in dollars, however that theory was immediately batted somewhere near governments in the Middle East and Russia.

Break down the impacts of a falling dollar on the US economy? (10 imprints)

Examine how falls in the worth of the US dollar will influence Kenyan organizations that exchange with the European Union.

1.Explain the cycle by which a Steinway fabulous piano is built as a subsystem of a bigger framework. From what the content advises you, give a few instances of how the creation subsystem is influenced by the administration, monetary, and promoting subsystems.

2. Talk about the Steinway cycle in frameworks viewpoint of associations. Clarify the part of: contributions from the climate, the change cycle and the yields into the climate. 3. Talk about a portion of the manners in which the standards of conduct the board and tasks the executives can illuminate the Steinway interaction. How the possibility viewpoint? In what ways does the Steinway interaction mirror a widespread point of view, and in what ways does it reflect possibility viewpoint.

At December 31, 2019, the partial adjusted accounts for Ozark Ltd. included the following: Accounts payable $40,000 Furniture $160,000 Accounts receivable $95,000 Income tax expense $4,000 Accumulated depr - Building $35,000 Income taxes payable $17,000 Accumulated depr - Furniture $20,000 Insurance expense $6,000 AFDA $9,000 Inventory $25,000 Bank loan payable $220,000 Land $370,000 Building $150,000 Prepaid expenses $2,500 Cash $45,000 Retained earnings $ ? Common shares $38,000 Salaries payable $3,000 Cost of goods sold (COGS) $180,000 Unearned revenue $12,000 Dividends $10,000 Utilities $3,500 Notes: Assume that $70,000 of the bank loan payable will be paid in 2020. . All accounts are in their normal balance. . The above is not the full trial balance of Ozark Ltd. Required (parts a, b, c, d, e & f): Use the information above to answer the following questions. In essence you are to prepare a classified balance sheet (statement of financial position) for December 31, 2019. Please show all your calculations for full marks. Please show totals for each section. a) If you were to prepare the balance sheet (statement of financial position) in good form, would the date be for the year ended December 31, 2019 or as at December 31, 2019?The following are all of the accounts & balances of Humber Landscaping Company on July 31, Year 1, listed in alphabetical order. All the accounts have normal balances for the account type they represent and are the balances after the first 3 months of company operations. The owner, Barry Johnson wants to know the profit or loss of his company for these first 3 months and the financial position on July 31, Year 1. Accounts Payable $37,500 Equipment Rental $1,100 Accounts Receivable 18.600 Landscaping Fees Earned 29,100 Barry Johnson, Capital 65,000 Long Term Notes Payable 58,000 Barry Johnson, Withdrawals 8,950 Prepaid Insurance 13,750 Cash 23,720 Unearned Revenue 2,800 Employee Wages 59,000 Newspaper Advertising 1,750 Landscaping Equipment 64,600 Repair Costs 930 Required: (15 Marks) Prepare a complete and accurate set of financial statements including an Income Statement, Statement of Changes in Equity & Balance Sheet properly identified, labeled and dated.AP2-31 (Prepare statement of income and statement of financial position) The Wizard's Corner, a company that sells video games and related items, had the following account balances at the end of June 2016: Cost of goods sold $103,000 Common shares 33,000 Advertising expense 6,000 Equipment 11,000 Depreciation expense 2,000 Dividends declared 3,000 Accounts payable 11,000 Inventory 28,000 Wage expense 36,000 Sales 160,000 Accounts receivable 15,000 Rent expense 12,000 Cash 10,000 Prepaid rent 1,000 Wages payable 2,000 Retained earnings (as at July 1, 2015) 21,000 Required: rimvino boninter brits a. Prepare a statement of income for the year ended June 30, 2016. b. Calculate the amount of retained earnings as at June 30, 2016. c. Prepare a statement of financial position as at June 30, 2016