Can you check these for me too.

Let me know.

Thanks,

The following transactions occurred during May, the first month of operations for Hunter Products, Inc: * Issued 47,000 shares of capital stock to the owners of the corporation in exchange for $564,000 cash. * Purchased a piece of land for $370,000, making a $135,000 cash down payment and signing a note payable for the balance. * Made a $57,000 cash payment on the note payable from the purchase of land. * Purchased equipment on credit from BBW, Inc. for $60,000. 0 What is the balance in the Cash account at the end of May? $372,000. $192,000. $564,000. $756,000. 0 What are total assets of Hunter Products at the end of May? $862,000. $742,000. $859,000. $802,000. 0 What is the total of Hunter Products' liabilities at the end of May? $238,000. $295,000. $178,000. $60,000. 0 Omega Company adjusts its accounts at the end of each month. The following information has been assembled in order to prepare the required adjusting entries at December 31: (1) A one-year bank loan of $672,000 at an annual interest rate of 12% had been obtained on December 1. (2) The company pays all employees up-to-date each Friday. Since December 31 fell on Tuesday, there was a liability to employees at December 31 for two day's pay amounting to $6,000. (3) On December 1, rent on the office building had been paid for four months. The monthly rent is $5,200. (4) Depreciation of office equipment is based on an estimated useful life of six years. The balance in the Office Equipment account is $15,840; no change has occurred in the account during the year. (5) Fees of $9,000 were earned during the month for clients who had paid in advance. 0 What amount of interest expense has accrued on the bank loan? $6,520. $7,320. $5,920. $6,720. By what amount will the book value of the office equipment decline after the appropriate December adjustment is recorded? $0. $2,420. $220. $2,640. 0 0 Only two adjustments appear in the adjustments column of a worksheet for Wycliff Publications: one to record $690 depreciation of office equipment and the other to record the use of $450 of office supplies. If the Trial Balance column totals are $15,270, what are the totals of the Adjusted Trial Balance columns? $15,030. $15,510. $15,960. $16,410. If sales are $264,000, expenses are $216,000 and dividends are $29,000, Income Summary: Will have a debit balance of $19,000. Will have a credit balance of $19,000. Will have a credit balance of $48,000. Will have a debit balance of $48,000. Sales $ 390,000 Net Income $ 31,000 Retained Earnings $ 45,500 Avg. Stockholder's Equity $ 141,000 Dividends $ 5,900 What is the return on equity? (round to the nearest number) 22%. 8%. 26%. 34%. At December 31, 2014, the accounting records of Braun Corporation contain the following items: Accounts Payable Land $ 13,500 $ 235,000 Accounts Receivable Cash $ 35,000 ? Capital Stock Building Retained Earnings ? $ 175,000 $ 155,000 Equipment Notes Payable $ 115,000 $ 185,000 0 If Capital Stock is $255,000, what is the December 31, 2014 cash balance? $48,500. $91,500. $608,500. $83,500. 0 If Capital Stock is $315,000, total assets of Braun Corporation at December 31, 2014, amount to: $703,500. $98,500. $668,500. $903,500. 0 If Cash at December 31, 2014, is $81,000, Capital Stock is: $252,500. $163,000. $287,500. $597,500. 0 If Cash at December 31, 2014, is $21,000, total owners' equity is: $353,500. $155,000. $382,500. $581,000. 0 If Cash at December 31, 2014, is $61,000, total assets amount to: $586,000. $776,000. $621,000. $634,500. 0 The following transactions occurred during May, the first month of operations for Hunter Products, Inc: * Issued 47,000 shares of capital stock to the owners of the corporation in exchange for $564,000 cash. * Purchased a piece of land for $370,000, making a $135,000 cash down payment and signing a note payable for the balance. * Made a $57,000 cash payment on the note payable from the purchase of land. * Purchased equipment on credit from BBW, Inc. for $60,000. 0 What is the balance in the Cash account at the end of May? $372,000. $192,000. $564,000. $756,000. 0 What are total assets of Hunter Products at the end of May? $862,000. $742,000. $859,000. $802,000. 0 What is the total of Hunter Products' liabilities at the end of May? $238,000. $295,000. $178,000. $60,000. 0 Omega Company adjusts its accounts at the end of each month. The following information has been assembled in order to prepare the required adjusting entries at December 31: (1) A one-year bank loan of $672,000 at an annual interest rate of 12% had been obtained on December 1. (2) The company pays all employees up-to-date each Friday. Since December 31 fell on Tuesday, there was a liability to employees at December 31 for two day's pay amounting to $6,000. (3) On December 1, rent on the office building had been paid for four months. The monthly rent is $5,200. (4) Depreciation of office equipment is based on an estimated useful life of six years. The balance in the Office Equipment account is $15,840; no change has occurred in the account during the year. (5) Fees of $9,000 were earned during the month for clients who had paid in advance. 0 What amount of interest expense has accrued on the bank loan? $6,520. $7,320. $5,920. $6,720. By what amount will the book value of the office equipment decline after the appropriate December adjustment is recorded? $0. $2,420. $220. $2,640. 0 0 Only two adjustments appear in the adjustments column of a worksheet for Wycliff Publications: one to record $690 depreciation of office equipment and the other to record the use of $450 of office supplies. If the Trial Balance column totals are $15,270, what are the totals of the Adjusted Trial Balance columns? $15,030. $15,510. $15,960. $16,410. If sales are $264,000, expenses are $216,000 and dividends are $29,000, Income Summary: Will have a debit balance of $19,000. Will have a credit balance of $19,000. Will have a credit balance of $48,000. Will have a debit balance of $48,000. Sales $ 390,000 Net Income $ 31,000 Retained Earnings $ 45,500 Avg. Stockholder's Equity $ 141,000 Dividends $ 5,900 What is the return on equity? (round to the nearest number) 22%. 8%. 26%. 34%. At December 31, 2014, the accounting records of Braun Corporation contain the following items: Accounts Payable Land $ 13,500 $ 235,000 Accounts Receivable Cash $ 35,000 ? Capital Stock Building Retained Earnings ? $ 175,000 $ 155,000 Equipment Notes Payable $ 115,000 $ 185,000 0 If Capital Stock is $255,000, what is the December 31, 2014 cash balance? $48,500. $91,500. $608,500. $83,500. 0 If Capital Stock is $315,000, total assets of Braun Corporation at December 31, 2014, amount to: $703,500. $98,500. $668,500. $903,500. 0 If Cash at December 31, 2014, is $81,000, Capital Stock is: $252,500. $163,000. $287,500. $597,500. 0 If Cash at December 31, 2014, is $21,000, total owners' equity is: $353,500. $155,000. $382,500. $581,000. 0 If Cash at December 31, 2014, is $61,000, total assets amount to: $586,000. $776,000. $621,000. $634,500. 0