He Logan Company reported the following ending information after its first month of operations: Revenues $168,000 Inventory $18,600 Equipment ? Cash 22,800 Dividends 1,000 Payroll expense 110,000 Common stock 58,000 Notes payable 10,000 Rent expense 30,200 What amount of equipment would the company report in its financial statements?

$53,400

Explanation:

The computation of the equipment is shown below:

First we have to calculate the net income, retained earning balance that are shown below:

As we know that

Net income = Revenues - Rent expense - Payroll expense

= $168,000 - $30,200 - $110,000

= $27,800

Now the retained earning is

= Net income - dividend paid

= $27,800 - $1,000

= $26,800

And, the accounting equation is

Total assets = Liabilities + Stockholder's Equity

where,

Total assets = Equipment + Inventory + Cash

                    = Equipment + $18,600 + $22,800

                    = Equipment +  $41,400

Liabilities = Note payable

                = $10,000

Stockholder's Equity  = Common stock + Retained earnings

                                   = $58,000 + $26,800

                                   = $84,800

Now the equipment is

 Equipment +  $41,400 = $10,000 + $84,800

So, the equipment is $53,400

the answer is: c.that person might be arrested and deported

filling w-4 form incorrectly usually would rise suspicions from government's auditors. when they notice such mistakes, they would send their teams to investigate the situation further.

if those investigation teams believe that the incorrectness is done on purpose (with malicious intent), that person can be arrested or deported

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

                                          hope it