The general ledger of Blue Highway Cleaners at January 1, 2024, includes the following account balances: Credits Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Salaries Payable Common Stock Retained Earnings Totals Requirement Debits $ 12,000 6,400 2,400 18,000 The following is a summary of the transactions for the year: 1. March 12 2. May 2 Pay salaries of $8,700 from 2023 (prior year). 3. June 30 4. August 1 5. September 25 6. October 19 7. December 30 Pay repairs and maintenance expenses, $11,400. Purchase equipment for $6,400 cash. Pay $1,100 cash dividends to stockholders. The following information is available for the adjusting entries. Accrued salaries at year-end amounted to $19,600. Depreciation for the year on the equipment is $3,400. Office supplies remaining on hand at the end of the year equal $1,000. General Journal $ 38,800 General Ledger Provide services to customers, $44,000, of which $19,400 is on account. Collect on accounts receivable, $16,400. Issue shares of common stock in exchange for $6,000 cash. $ 6,200 8,700 17,000 6,900 $ 38,800 Trial Balance Income Statement Balance Sheet

Determining missing items in return and residual income computations Data for Uberto Company are presented in the following table of rates of return on investment and residual incomes: Minimum Acceptable Invested Income from Minimum Return on Residual Income from Operations Assets Operations Investment Return Income (b) $990,000 $227,700 (a) (c) 13% $590,000 (d) (e) (f) $70,800 $23,600 $290,000 (g) (h) $31,900 (i) 14% $220,000 $44,000 (j) (k) (I) 11% Determine the missing values, identified by the letters above. For all amounts, round to the nearest whole number. % а. $1 b. $1 С. d. $1 % е. f. % q. h. %

how do you record line i.

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