Question Proper Printers has journalized their adjusting entries and prepared their adjusted trial balance. Using the adjusted trial balance, prepare the closing entries using the income summary account for the month of June. Proper Printers Adjusted Trial Balance June 30, 2019 Account Title Debit Credit Cash $7,900 Accounts Receivable $3,100 Prepaid Insurance $3,500 Accounts Payable $1,100 Unearned Revenue $2,400 Perry, Capital $7,750 Perry, Withdrawals $1,600 Service Revenue $7,600 Advertising Expense $790 Insurance Expense $840 Rent Expense $1,120 Total $18,850 $18,850 No comma or dollar sign should be included in the input field. opage Date Account Title and Explanation Debit Credit Jun 30 Close revenue accounts Jun 30 . e Close expense accounts Jun 30 e Close Income summary account Jun 30 수 Close owner's withdrawals

A project requires a $2,910,000 initial investment for new machinery with a five-year life and a salvage value of $322,000. The project is expected to yield an annual income of $242,400 per year and net cash flows of $711,000 per year for the next five years. The project’s accounting rate of return is Multiple Choice 15.0%. 19.9%. 24.5%. 4.9%. 47.7%.

The graph of the derivative f' of a function f is shown below. Use the graph to answer the questions. y y=f'x 2. 0 4 2 a) On what intervals is the function f increasing or decreasing? b) At what values of x does f have a local maximum or minimum? c) On what intervals is f concave upward or downward? d) State the x - coordinate(s) of the point(s) of inflection e) Assuming that f(0) = 0, sketch a graph of f

What monthly payment is required to amortize a loan of $30,000 over 12 years if interest at the rate of 6%/year is charged on the unpaid balance and interest calculations are made at the end of each month? (Round your answer to the nearest cent.)

(1 point) Find a formula for Sn, n > 1, if Sn is given by 8 4 5 6 7 6' 10' 14'18 22 Sn =

Lubriderm Corporation has the following budgeted sales in units for the next six-month period: Month June July August September October November Unit Sales 90,000 100,000 200,000 150,000 200,000 100,000 1. There were 25,000 units of finished goods in inventory at the beginning of July. 2. Plans are to have an ending inventory of finished products that equal Lubriderm Corporation has the following budgeted sales in units for the next six-month period: Month June July August September October November Unit Sales 90,000 100,000 200,000 150,000 200,000 100,000 1. There were 25,000 units of finished goods in inventory at the beginning of July. 2. Plans are to have an ending inventory of finished products that equal 25% of the unit sales for the next month. 3. Five pounds of materials are required for each unit produced. Each pound of material costs $10. 4. Ending Inventory levels for materials are equal to 20% of the total material inventory production needs for the next month. 5. Materials inventory on July 1 as 125,000 pounds. Requirementi Prepare a purchases budget in pounds and dollars for July, August, and September, and give total purchases in both pounds and dollars for each month. (6%) July August September Production in units Targeted ending inventory in lbs. Production needs in lbs. Total requirements in lbs. Less: Beginning inventory in lbs. Purchases needed in lbs. Cost per lb. Total material purchases

Marvin’s Magical Potions and More shop is located in a small rented store front. Each month Marvin pays $1,200 in rent, around $300 in utilities, another $100 in taxes and fees. His one salesperson earns roughly $1,000 per month independent of how much she’s there. His potions run approximately 50 cents per unit to produce. (The cost of the spell that give them their value is unfortunately impossible to quantify.) Further, each customer that enters is offered a free Tarot reading. A) Articulate the marginal costs associated with selling a single potion. B) Justify why you excluded the remaining costs. C) Assuming he can sell his potions for approximately $10 per potion, should he? Explain.