Adams Co. reports the following balance sheet accounts as of December 31. Salaries payable $ 7,100
Retained earnings $ 61,000
Buildings 72,600
Notes payable (due in 9 years) 52,000
Prepaid rent 8,100
Office supplies 4,200
Merchandise inventory 16,200
Land 44,000
Accounts payable 21,000
Accumulated depreciation-Building 7,200
Prepaid insurance 5,200
Mortgages payable (due in 5 years) 34,000
Accounts receivable 15,000
Cash 38,000
Common stock 21,000
Required:
Prepare a classified balance sheet. (Amounts to be deducted should be indicated by a minus sign.)

Which of the following best describes biochemical evidence that would not support the modern concept of evolution? a. a bacterium that uses inorganic materials to produce energy b. an organism that does not undergo cellular respiration c. a species of bacteria that is capable of photosynthesis d. an organism that undergoes both aerobic and anaerobic respiration

Which of the following statements is true? a. financial investment refers to the creation and expansion of business enterprisesb. economic investment refers to the creation and expansion of business enterprisesc. economic investment refers to the purchase of assets such as stocks, bonds, and real estated. both economic and financial investment refer to the purchase of assets such as stocks, bonds, and real estate

The cutting department of cassel company has the following production and cost data for july. production costs 1. transferred out 12,300 units. beginning work in process $0 2. started 3,900 units that are 60% materials 62,856 complete as to conversion labor 12,622 costs and 100% complete as manufacturing overhead 23,100 to materials at july 31. materials are entered at the beginning of the process. conversion costs are incurred uniformly during the process. determine the equivalent units of production for (1) materials and (2) conversion costs. materials conversion costs total equivalent units of production link to text link to text compute unit costs. (round unit costs to 2 decimal places, e.g. 2.25.) materials $ conversion costs $ link to text link to text prepare a cost reconciliation schedule. (round unit costs to 2 decimal places, e.g. 2.25 and final answers to 0 decimal places, e.g. 1,225.) cost reconciliation costs accounted for transferred out $ work in process, july 31 materials $ conversion costs total costs $