Required information Journal entry worksheet < 1 accounts balances: Cash, $15,000: Equipment, $85,000; Accumulated Depreciation, $25,000, Accounts Payable, $10,000; Retained earnings, $59,000, Dividends, $2,000, Fees Earned, $56,000: Depreciation Expense, $25,000; and Salaries Expense, $23,000. All accounts have normal balances. Note: Enter debits before credits Date December 31 General Journal Debit Credit Clear entry View general journal Record entry

A company settles a long-term note payable plus interest by paying $68,000 cash toward the principal amount and $5,440 cash for interest. The amount reported as a use of cash under cash flows from financing activities is:

J. P. Robard​ Mfg., Inc. Balance Sheet​ ($000) Cash $470 Accounts receivable 2,100 Inventories 940 Current assets $3,510 Net fixed assets 4,590 Total assets $8,100     Accounts payable $1,120 Accrued expenses 580 ​Short-term notes payable 280 Current liabilities $1,980 ​Long-term debt 2,040 ​Owners' equity 4,080 Total liabilities and​ owners' equity $8,100 ​(Click on the icon    in order to copy its contents into a spreadsheet.​)   J. P. Robard​ Mfg., Inc. Income Statement​ ($000) Net sales​ (all credit) $8,010 Cost of goods sold (3,300) Gross profit $4,710 Operating expenses​ (includes $500​ depreciation) (3,090) Net operating income $1,620 Interest expense (360) Earnings before taxes $1,260 Income taxes ​(35%​) (441) Net income $819

Privett Company Accounts payable Accounts receivable Accrued liabilities Cash $36,632 72,986 6,134 15,305 38,400 71,968 119,728 79,667 31,336 20,560 662,428 2,681 Based on the data for Privett Company, what is the amount of quick assets? Oa. $119,627 Ob. $781,037 Oc. $46,641 Od. $1,601,593 Intangible assets Inventory Long-term investments Long-term liabilities Marketable securities Notes payable (short-term) Property, plant, and equipment Prepaid expenses

Balance Sheet as at    As at 30/9/16    As at 30/9/15    $    $    Assets              Current assets-                    Cash    8,200    9,400          Accounts Receivable    107,000    103,500          Inventory    82,700    71,300    Non-current assets less accumulated depreciation    242,600    245,700    Total assets    440,500    429,900                   Liabilities and Owners' equity              Current liabilities    117,000    120,000    Loan (repayable in 2019)    152,000    150,000    Total liabilities    269,000    270,000    Owners' equity    171,500    159,900    Total Liabilities and Owners' equity    440,500    429,900    Summarised Income Statement of Bishan Enterprise for the year ended 30 September 2016    $        Sales    990,000        Cost of goods sold    580,000        Gross profit    410,000        Operating expenses    350,000        Net profit    60,000        ·    Note - The owner withdrew $48,400 during 2016.        Required:                Calculate…