Requirement 1. Prepare the company's trial balance at April 30,

20162016 ,

listing accounts in proper sequence. For example, Accounts Receivable comes before Equipment. List the expense with the largest balance first, the expense with the next largest balance second, and so on.

Select the accounts that will be listed on the trial balance; enter the account balances and finally total the debits and

credits. Remember

to list the accounts in the proper

sequence ; assets first,

then

liabilities followed

by stockholders'

equity (including revenue and expense accounts). List the expenses last with the largest balance first, the expense with the next largest balance second, and so on.

Sheldon has the following year-end account balances: accounts receivable, $5,000; supplies, $12,000; equipment, $18,000; accounts payable, $17,000; stockholders’ equity, $43,000. the cash account balance was not available at year-end. given the account balances listed, the balance in the cash account should be?

How do communism and socialism differ in terms of the role that government plays in the economy ?

You are working on a bid to build two city parks a year for the next three years. this project requires the purchase of $249,000 of equipment that will be depreciated using straight-line depreciation to a zero book value over the three-year project life. ignore bonus depreciation. the equipment can be sold at the end of the project for $115,000. you will also need $18.000 in net working capital for the duration of the project. the fixed costs will be $37000 a year and the variable costs will be $148,000 per park. your required rate of return is 14 percent and your tax rate is 21 percent. what is the minimal amount you should bid per park? (round your answer to the nearest $100) (a) $214,300 (b) $214,100 (c) $212,500 (d) $208,200 (e) $208,400