During the course of your examination of the financial statements of trojan corporation for the year ended december 31, 2018, you come across several items needing further consideration. currently, net income is $100,000.a. an insurance policy covering 12 months was purchased on october 1, 2018 for $24,000. the entire amount was debited to prepaid insurance and no adjusting entry was made for this item in 2018.b. during 2018, the company received a $4,000 cash advance from a customer for services to be performed in 2019. the $4,000 was incorrectly credited to service revenue. c. there were no supplies listed in the balance sheet under assets. however, you discover that supplies costing $2,750 were on hand at december 31, 2018.d. trojan borrowed $70,000 from a local bank on september 1, 2018. principal & interest at 9% will be paid on august 31, 2019. no accrual was made for interest in 2018.using the information in a through d above, determine the proper amount of net income as of december 31, 2018.

There are a number of things that you can do to protect yourself from falls in the workplace these include using fall protection equipment and using ladder safety what else can you do

Balance sheet the assets of dallas & associates consist entirely of current assets and net plant and equipment. the firm has total assets of $2 5 million and net plant and equipment equals $2 million. it has notes payable of $150,000, long-term debt of $750,000, and total common equity of $1 5 million. the firm does have accounts payable and accruals on its balance sheet. the firm only finances with debt and common equity, so it has no preferred stock on its balance sheet. a. what is the company's total debt? b. what is the amount of total liabilities and equity that appears on the firm's balance sheet? c. what is the balance of current assets on the firm's balance sheet? d. what is the balance of current liabilities on the firm's balance sheet? e. what is the amount of accounts payable and accruals on its balance sheet? [hint: consider this as a single line item on the firm's balance sheet.] f. what is the firm's net working capital? g. what is the firm's net operating working capital? h. what is the explanation for the difference in your answers to parts f and g?

Suppose jamal purchases a pair of running shoes online for $60. if his state has a sales tax on clothing of 6 percent, how much is he required to pay in state sales tax?