ABC Company ended Year 1 with the following account balances: Cash 600, Common Stock 400, and Retained Earnings 200.

The following transactions occurred during Year 2:

Issued common stock for $19,000 cash.
ABC borrowed an additional $11,000 from Chris Bank.
ABC earned $9,000 of revenue on account.
ABC incurred $4,000 of operating expenses on account.
Cash collections of accounts receivables were $6.000.
ABC provided additional services to customers for $1,000 cash.
ABC purchased land for $14,000.
ABC used $3,000 in cash to make a partial payment on its accounts payable.
ABC declared and paid a $200 dividend to the stockholders
On December 31 ABC had accrued salaries of $4,000 .

Required:
What is the amount of retained earnings that will be shown on the balance sheet prepared at the end of Year 2?

Harwood company uses a job-order costing system that applies overhead cost to jobs on the basis of machine-hours. the company's predetermined overhead rate of $2.50 per machine-hour was based on a cost formula that estimates $240,000 of total manufacturing overhead for an estimated activity level of 96,000 machine-hours. required: 1. assume that during the year the company works only 91,000 machine-hours and incurs the following costs in the manufacturing overhead and work in process accounts: compute the amount of overhead cost that would be applied to work in process for the year and make the entry in your t-accounts. 2a. compute the amount of underapplied or overapplied overhead for the year and show the balance in your manufacturing overhead t-account. 2b. prepare a journal entry to close the company's underapplied or overapplied overhead to cost of goods sold.

Is exploiting a distinctive competence or improving efficiency for competitive advantage. (a) cooptation (b) coalition (c) competitive intelligence (d) competitive aggression (e) smoothing

In june 2009, at the trough of the great recession, the bureau of labor statistics announced that of all adult americans, 140,196,000 were employed, 14,729,000 were unemployed and 80,729,000 were not in the labor force. use this information to calculate: a. the adult population b. the labor force c. the labor-force participation rate d. the unemployment rate