Just dew it corporation reports the following balance sheet information for 2017 and 2018. just dew it corporation 2017 and 2018 balance sheets assets liabilities and owners’ equity 2017 2018 2017 2018 current assets current liabilities cash $ 13,280 $ 14,600 accounts payable $ 40,000 $ 41,800 accounts receivable 7,520 19,200 notes payable 14,240 21,600 inventory 42,400 51,000 total $ 63,200 $ 84,800 total $ 54,240 $ 63,400 long-term debt $ 32,000 $ 24,000 owners’ equity common stock and paid-in surplus $ 40,000 $ 40,000 retained earnings 193,760 272,600 net plant and equipment $ 256,800 $ 315,200 total $ 233,760 $ 312,600 total assets $ 320,000 $ 400,000 total liabilities and owners’ equity $ 320,000 $ 400,000 prepare the 2017 and 2018 common-size balance sheets for just dew it. (do not round intermediate calculations. enter your answers as a percent rounded to 2 decimal places, e. g., 32.16.)

1tanner invested $135,000 cash along with office equipment valued at $32,400 in the company in exchange for common stock. 2 the company prepaid $7,200 cash for 12 months’ rent for office space. (hint: debit prepaid rent for $7,200.) 3 the company made credit purchases for $16,200 in office equipment and $3,240 in office supplies. payment is due within 10 days. 6 the company completed services for a client and immediately received $2,000 cash. 9 the company completed a $10,800 project for a client, who must pay within 30 days. 13 the company paid $19,440 cash to settle the account payable created on april 3. 19 the company paid $6,000 cash for the premium on a 12-month insurance policy. (hint: debit prepaid insurance for $6,000.) 22 the company received $8,640 cash as partial payment for the work completed on april 9. 25 the company completed work for another client for $2,640 on credit. 28 the company paid $6,200 cash in dividends. 29 the company purchased $1,080 of additional office supplies on credit. 30 the company paid $700 cash for this month’s utility bill. prepare general journal entries to record these transactions. 2. post the journal entries from part 1 to the ledger accounts.

Kevin and jenny, who are both working full-time, have three children all under the age of ten. the two youngest children, who are three and five years old, attended eastside pre-school for a total cost of $3,000. ervin, who is nine, attended big kid daycare after school at a cost of $2,000. jenny has earned income of $15,000 and kevin earns $14,000. what amount of childcare expenses should be used to determine the child and dependent care credit?

The management of a supermarket wants to adopt a new promotional policy of giving a free gift to every customer who spends > a certain amount per visit at this supermarket. the expectation of the management is that after this promotional policy is advertised, the expenditures for all customers at this supermarket will be normally distributed with a mean of $95 and a standard deviation of $20. if the management wants to give free gifts to at most 10% of the customers, what should the amount be above which a customer would receive a free gift?