The adjusted trial balance of Flint Corporation at December 31, 2017, includes the following accounts: Retained Earnings $16,932, Dividends $6,805, Service Revenue $35,159, Salaries and Wages Expense $13,941, Insurance Expense $1,777, Rent Expense $4,000, Supplies Expense $1,518, and Depreciation Expense $905. The balance in Retained Earnings is the balance as of January Required:Prepare a retained earnings statement for the year assuming net income is $15,787.

Anderson, a computer engineer, and spouse, who is unemployed, provide more than half of the support for their child, age 23, who is a full-time student and who earns $7,000. they also provide more than half of the support for their older child, age 33, who earns $2,000 during the year. how many dependents may the andersons claim on their joint tax return?

Identify the accounting assumption or principle that is described below. (a) select the accounting assumption or principle is the rationale for why plant assets are not reported at liquidation value. (note: do not use the historical cost principle.) (b) select the accounting assumption or principle indicates that personal and business record-keeping should be separately maintained. (c) select the accounting assumption or principle assumes that the dollar is the "measuring stick" used to report on financial performance. (d) select the accounting assumption or principle separates financial information into time periods for reporting purposes. (e) select the accounting assumption or principle measurement basis used when a reliable estimate of fair value is not available. (f) select the accounting assumption or principle dictates that companies should disclose all circumstances and events that make a difference to financial statement users.

Which are the best examples of costs that should be considered when creating a project budget?