Patrick Corporation ’ s adjusted trial balance contained the following asset accounts at December 31 , 2014 : Prepaid Rent $ 12,000 ; Goodwill $ 50,000 ; Franchise Fees Receivable $ 2,000 ; Franchises $ 47,000 ; Patents $ 33,000 ; Trademarks $ 10,000
Hawthorn Corporation ’ s adjusted trial balance contained the following accounts at December 31 , 2014 : Retained Earnings $ 120,000 ; Common Stock $ 750,000 ;
Keyser Beverage Company reported the following items in the most recent year .
Ames Company reported 2014 net income of $ 151,000 . During 2014 , accounts receivable increased by $ 13,000 and accounts payable increased by $ 9,500 . Depreciation expense was $ 44,000 .
Martinez Corporation engaged in the following cash transactions during 2014 .
Martinez Corporation engaged in the following cash transactions during 2014 .
A comparative balance sheet for Shabbona Corporation is presented below .
Chris Spear invested $ 15,000 today in a fund that earns 8 % compounded annually . ( Use the tables below .) https :// edugen . wileyplus . com / edugen / art2 / common / pixel . gif
Amy Monroe wants to create a fund today that will enable her to withdraw $ 25,000 per year for 8 years , with the first withdrawal to take place 5 years from today
Zach Taylor is settling a $ 20,000 loan due today by making 6 equal annual payments of $ 4,727.53 . ( Use the tables below .)