After all, adjustments have been made, but before the accounts have been closed, the following balances were taken from the ledger of Ramona's Designs:Accounts Payable $27.600Accounts Receivable 64,500Accumulated Depreciation 73,325Cash 17,150Depreciation Expense 13,500Equipment 165,000Insurance Expense 2,510Prepaid Insurance 6,275Rent Expense $32,700Salary Expense 41,390Salaries Payable 8,150Service Revenue 186,000Supplies 1,500Supplies Expense 2,500Common Stock 79,950Dividends 48,000Retained Earnings 20,000Journalize the entries to close the appropriate accounts for the month

Druganaut company buys a $21,000 van on credit. the transaction will affect the

Peninsula products has just applied for a loan at your bank. when reviewing peninsula's books for the year that just ended, you notice that the firm uses the fair value option for its bonds payable. you also see that the firm recorded a $55,000 debit in its bonds payable account and a $55,000 credit in its unrealized holding gain or loss"income account. over that same period, interest rates decreased by about 0.5 percent. how should this information affect the bank's decision as to whether to grant peninsula a loan? a : the bank should strongly consider giving a loan to peninsula because the changes in firm's bonds payable and unrealized holding gain or loss"income accounts suggest that peninsula has seen an increase in its credit rating over the past year. b : the bank should put little emphasis on the changes in peninsula's bonds payable and unrealized holding gain or loss"income accounts because these changes are likely the result of the rise in interest rates. c : the bank should hesitate before giving a loan to peninsula because the changes in firm's bonds payable and unrealized holding gain or loss"income accounts suggest that peninsula has seen a decline in its credit rating over the past year. d : the bank should put little emphasis on the changes in peninsula's bonds payable and unrealized holding gain or loss"income accounts because these changes are likely unrelated to either interest rates or the firm's credit rating.

When the amount for land is 36,000 and the amount paid for expenses is 10,000, the balance of total asset is