Problem 1. The following information relates to Ty Ringo Co. for the year 2011. Owner’s Capital, January 1, 2011 $ 47,000 Advertising expense $1,500
Owner’s drawings 6,000 Rent expense 9,500
Service revenue 62,500 Utilities expense 3,400
Salaries expense 29,000
Instructions
After analyzing the data, prepare an income statement and Owner’s Equity statement for the
year ending December 31, 2011

Consider the following geometry problems in 3-space enter t or f depending on whether the statement is true or false. (you must enter t or f -- true and false will not work.) f equation editorequation editor 1. a plane and a line either intersect or are parallel t equation editorequation editor 2. two planes parallel to a third plane are parallel f equation editorequation editor 3. two lines either intersect or are parallel f equation editorequation editor 4. two planes orthogonal to a third plane are parallel f equation editorequation editor 5. two planes orthogonal to a line are parallel f equation editorequation editor 6. two planes either intersect or are parallel f equation editorequation editor 7. two lines orthogonal to a third line are parallel t equation editorequation editor 8. two lines parallel to a third line are parallel t equation editorequation editor 9. two planes parallel to a line are parallel f equation editorequation editor 10. two lines parallel to a plane are parallel f equation editorequation editor 11. two lines orthogonal to a plane are parallel